Michael Verdon
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BRP reports Q4 results and record annual sales
Company planning to ramp up production for its Seasonal and Year-Round products at facilities in Mexico
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Trump provides exemptions for aluminium tariff
Trump administration announces exemption process for US boatbuilders and other manufacturers
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Handover of superyacht to FBI by Indonesian authorities put on hold
Lawyers for owner of 300ft Equanimity have challenged the seizure by Indonesian authorities and US law enforcement last month
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Third businessman pleads guilty in yacht-sharing fraud case
Andrew Deme admits misleading investors in a scheme involving a yacht-sharing venture
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Malta yachting industry questions European Commission VAT ruling
Maltese industry claims France and Italy apply same principles in VAT collection
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Former OMC chairman Charles Strang passes away at 96
Strang, who launched his career with Mercury Marine, went on to become CEO of Outboard Marine Corporation
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'Keep Exploring': Zodiac’s new tagline hints at future business decisions
French inflatables and RIB maker outlines growth plans
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Volvo officials optimistic about outboard acquisition
Seven Marine to “shape the future” of the outboard industry, according to Volvo Penta
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Malibu settles lawsuit with MasterCraft over patent dispute
MasterCraft “steadfastly” denied the allegations, but said costs of litigation and “uncertainty” with the judicial process prompted the settlement. The settlement includes royalties in a licensing agreement
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ISA shipyard sees benefits of Palumbo investment
New shed for megayacht construction will be ready in late June. A dry dock for yachts over 60 meters is also planned
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Yacht visa scheme between Macau and mainland China “underperforming”
Customs and docking fees blamed for poor take-up
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Seapilot launches AIS app premium subscription service
Swedish firm looking to expand in North America
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Brunswick reports 8% sales growth
Marine Engine segment sees sales of US$631.8m, up 6% over the previous year
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West Marine reports flat sales for Q1
Improvements in cost structure and growth strategies showing in “solid bottom-line gains” in the quarter
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NMMA officials meet with senior US government officials to address boating expansion
Outdoor recreation groups present united front
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Bass Pro Shops to pay US$500m less for Cabela’s
New merger terms come after regulatory scrutiny by US government authorities
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Suntex acquires 11 Loggerhead marinas
With the addition of 2,300 Loggerhead slips, Suntex is now the largest marina operator in Florida
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UK agency requiring yacht brokers to register with tax authorities in anti-fraud move
Worries of money-laundering, along with seizure of two superyachts, prompts move
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Grow Boating releases full study on First-Time Boat Buyer
The association also updated its website to include an education and research sections and tools for reaching consumers