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Posted Thursday, September 18th, 2014

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US Court dismisses NMMA legal challenge on E15

Posted Thursday, October 23rd, 2014

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The National Marine Manufacturers Association (NMMA) said it was “disappointed” in a US Court of Appeals decision to dismiss its lawsuit against the Environmental Protection Agency (EPA) on the sale of E15 fuel. The case challenged EPA’s plans to…

NMEA names new managing director

Posted Thursday, October 23rd, 2014

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The National Marine Electronics Association (NMEA) in the US has promoted Mark Reedenauer to the role of managing director.
With 15 years’ experience in the marine electronics industry, Reedenauer will manage the day-to-day activities and programs of…

BRP feels impact of falling ruble

Posted Thursday, October 23rd, 2014

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Bombardier Recreational Products, which has enjoyed 20% annual growth in sales to Russia for the last decade, is now feeling a sales pinch with the fall of the Russian ruble. Russia is the third-largest market for BRP behind the US and Canada.
A…

Brunswick sales up 13% for Q3

Posted Thursday, October 23rd, 2014

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Brunswick Corp today reported sales of US$932.1m for its third quarter, up 13% compared to last year. The company reported net income of US$61.0m compared to net income of US$57.2m a year ago.
Brunswick chairman Dustan McCoy said US sales were up 15%…

West Marine hits Q3 revenue targets, but net income declines

Posted Thursday, October 23rd, 2014

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West Marine today reported net sales of US$196.5m for its third quarter ended September 27, 2014, an increase of 1.6% compared to the same quarter a year ago. Its net income dropped to US$4.9m compared to US$6.5m a year ago.
"Comparable stores sales…

Gulf Craft to invest $100m on new superyacht facility

Posted Thursday, October 23rd, 2014

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UAE-based Gulf Craft is investing $100m over the next five years on the construction of a new yacht-building facility in Dubai Maritime City (DMC).
A 900,000sq ft state-of-the-art freehold plot, located in the heart of Dubai’s maritime cluster, will…

Qatar show sells out

Posted Thursday, October 23rd, 2014

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Exhibitor space at this year’s Qatar International Boat Show has completely sold out. With three weeks still to go before the show opens, bookings have reached full capacity – despite the show being double the size of last year’s event at more th…

Floating Life appointment

Posted Thursday, October 23rd, 2014

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Floating Life Group has named Elisa Ravella as its new charter and brokerage division manager.
Ravella brings a diverse background to her new position, including marketing positions at Weight Watchers, SNCF Rail Europe and easyjet Airline Co.
“I’m…

Gold Coast International Marine Expo “outstanding success”

Posted Wednesday, October 22nd, 2014

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“Strong sales and even greater prospects in the lead-up to the summer” are being reported as features of a successful 4th Gold Coast International Expo just held.
Emma Milne, marketing and events manager, comments: “Based on exhibitor feedback,…

Italian yard makes comeback

Posted Wednesday, October 22nd, 2014

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Italian superyacht builder Privilege, which has had a run of financial challenges and some labour issues in recent years, is back in business. Within the next six months the current 127m (416ft) project that is around 55% complete will be launched and…

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