All articles by Craig Ritchie – Page 100
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New manufacturer enters US aluminium fishing boat market
A newly-launched US boatbuilder aims to capture a share of the lucrative domestic aluminium fishing boat market.
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Registration for CSBC Symposium now open
The Canadian Safe Boating Council (CSBC) has opened registration for its annual Symposium, to be held this year in Port Credit, Ontario from September 18-20.
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Executive appointment at Johnson Outdoors
Johnson Outdoors Inc has named Larry Baab as its new group vice president, camping and watercraft recreation.
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Glen Raven appoints new CMO
Steve Pawl assumes role as first Chief Marketing Officer for manufacturer of Sunbrella fabrics
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Polaris, Wells Fargo extend financing relationship
Dealership financing joint venture to now run through 2027
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Chris-Craft | Stephen Heese
Chris-Craft’s president and CEO speaks with IBI about sales trends, working with Winnebago and what the future holds as the iconic US boat builder celebrates 145 years in business.
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Up to 75 boats damaged in Auckland storms
Severe weather described by one observer as ‘a mini tornado’ in Auckland resulted in damage to yachts and marina facilities on Monday night, according to a report by Stuff, the New Zealand news outlet.
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Trump blinks on new tariff threat
US President Donald Trump has softened his position on a threat made earlier this month to levy a new 10% tariff on US$300bn worth of Chinese goods not already subject to existing tariffs.
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Canadian boat dealer subject of fraud investigation
The Royal Canadian Mounted Police (RCMP) have arrested one person and siezed a number of boats as part of an ongoing fraud investigation into a Vancouver-area boat dealership.
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Inflatable watercraft, paddles gain exemption from US tariff list
The Office of the US Trade Representative (USTR) has announced that certain inflatable boats, kayaks, canoes and paddles have been excluded from a list of Chinese imports subject to tariffs.
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Great Lakes marinas prepare to assess flood damage
Marina operators in one of North America’s premiere boating regions are hopeful that recent declines in water levels could signal the end of months of flooding and record-high water levels. Now, planning for the cleanup begins.
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Focus on affordability at 2020 Smoker Craft dealer event
US independent boatbuilder Smoker Craft Inc unveiled a wide range of new models at its 2020 model year dealer meeting this week, with a clear focus on capturing market share among entry-level and mid-level buyers.
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Mixed 2019 Q1 results for Suzuki
Suzuki Motor Corp released its 2019 first-quarter results on Monday, revealing lower overall sales and profits attributed to a sagging Indian automotive market offsetting gains in the company’s marine and motorcycle business.
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Cummins reports mixed bag in Q2 results
Cummins Inc has released its second quarter results reporting mild revenue increases overall in a generally flat market.
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Johnson Outdoors reports Q3 revenue gains
Marine and outdoor equipment manufacturer Johnson Outdoors Inc released its 2019 third quarter results on Friday, reporting higher revenues on the strength of solid fishing equipment sales.
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KVH marks strong Q2 results
Maritime VSAT provider KVH Industries Inc released its second quarter results on Friday, marking revenue gains and record product shipments.
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Trump threatens additional 10% tariff on Chinese goods
US President Donald Trump took to Twitter on Thursday afternoon threatening to impose a new 10% tariff on an estimated US$300bn worth of goods imported into the US from China
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Garmin reports record Q2 revenues, profits
Marine electronics manufacturer Garmin Ltd. reported record revenues and profits in its second quarter 2019 results, released yesterday.
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Garmin inks exclusive supply deal with Regulator Marine
Garmin International has signed an exclusive supply agreement with North Carolina-based Regulator Marine that will see Garmin electronics offered as standard equipment on all Regulator boats from 23ft-41ft, including the company’s new 26XO centre console crossover.
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Canadian government implements new legislation to deal with abandoned boats
The Government of Canada is busy this week promoting the official implementation of its new Wrecked, Abandoned or Hazardous Vessels Act, which provides fines of up to C$50,000 for individuals and $250,000 for businesses which are found to be guilty of abandoning boats.