All articles by Tony Esposito – Page 25
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NewsMarineMax increases floor plan by US$200m for future growth
Expansion fuels company’s liquidity and financial flexibility
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NewsAquasport acquisition fills market need, will offer Forza X1 electric outboards
TwinVee is hoping to put some Forza motors on Aquasport boats by mid-2024
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NewsGrowing controversy surrounds US$16m Florida marina project
Safe Harbor Marinas alleges that City Harbor LLC won its bid to build the marina through illegal means
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NewsForza X1 electrifies fanbase with Florida launch party
The company has made great strides since launching in late 2021
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NewsMalibu Boats settles 2014 product liability claim for US$100m
The US builder was being sued by the family of a boy killed in an accident involving a Malibu Response LX bowrider
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NewsYamaha to merge with its electronics subsidiary
Move is in line with the company’s medium-term management plan announced last year
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NewsMonaco Energy Boat Challenge celebrates 10 years
Some 46 teams from 25 nations will showcase 50 boats at this week’s event
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NewsUS Congress moves to stymie boat speed rule proposal
The NOAA proposal overlaps with prime fishing seasons along the US Atlantic coast and impacts some 63,000 registered boats
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NewsSouth Florida facing superyacht docking shortage
Demand is so intense, would-be slip-holders are paying a US$10,000 deposit just to get on the waiting list
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NewsCalls for vessel speed restriction in US Gulf of Mexico to protect the Rice’s whale
The species was only identified in 2003, of which researchers believe there are only 50 in existence.
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NewsSome Mercury Marine production delayed a second week due to IT security breach
Multiple facilities globally were affected by last week’s cyberattack
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USABoatbuilders are embracing new market dynamics to capture younger audience
US boat builders are making strides to address an increasingly dynamic market in the face of affordability challenges and the evolving demands of a newer, younger buyer. IBI reports on new product development among the country’s key volume builders
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USAFinancing is readily available, but at what cost?
As boat builders work to rebuild pipelines different approaches to inventory and financial management are beginning to emerge, as some dealers return to pre-pandemic inventory levels and others choose to operate with leaner stock levels and more of a just-in-time approach
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USABalancing act as boatbuilders focus on affordability
With younger buyers still looking to engage a boat market that’s been challenged by inflationary pressures and multiple interest rate hikes, US boat builders are innovating to maintain an affordable path to entry
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NewsUS boating & fishing interests appeal to Congress on speed restrictions
The proposed rule would set a mandatory 10kt speed limit on vessels 35ft and larger along most of the US eastern seaboard
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NewsCovid boost has lasting effect on US boating
Latest NMMA figures show that boating’s economic impact jumped 35% between 2018 and 2023
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NewsOutdoor industry to testify before US House Subcommittee on proposed vessel speed limits
The proposed NOAA changes came to the fore late in 2022
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USA
US Boats - Covid changes boat marketing forever
A dearth of boat shows over the past year has forced boatbuilders and dealers to rethink the entire customer relationship – to the long-term betterment of the leisure marine industry
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USAMovers & shakers: Building market share with new products - Barletta Boats
In spite of continuing supply chain challenges, the US boat market remains driven by innovation in every market segment
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