All articles by Tony Esposito – Page 68
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News
BoatyBall cruises into 2020 with over 10,000 reservations
BoatyBall, which provides web-based mooring-ball reservations throughout the British Virgin Islands, has kicked off 2020 by surpassing 10,000 reservations. The North Carolina-based company has signed over 9,000 subscribers in just 13 months and claims it is on track to add 600 new members a month throughout the year.
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NewsGetMyBoat docks in Uganda
The Republic of Uganda – searching for ways to better utilise its water resources – is turning to tourism, and GetMyBoat.com is jumping on board to not only draw visitors to the country’s lakes, but enable local Ugandans access to safe, quality boats for transport and entertainment.
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NewsBusiness students predict US$25.5bn yachting industry by 2027
Research from a group of Florida Business School students predicts a yachting industry worth US$25.5bn dollars by 2027, and that millennials may be a better consumer base than conventional wisdom would indicate due to the growing yacht charter market.
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NewsMisty Harbor to close Iowa plant
Pontoon boat manufacturer Misty Harbor is closing its manufacturing plant in Iowa to consolidate operations at its headquarters in Indiana “to optimise operational efficiency and reduce logistical costs, the company announced Monday afternoon. 45 employees will lose their jobs.
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NewsBahamas to host Yacht Charter Show
Citing the economic benefits of the yachting industry to the islands in general, and the role the yachting community played in hurricane recovery efforts, the Bahamas Ministry of Tourism has announced the first-ever Bahamas Charter Show, to be held 27 February to 1 March. The show will produced by Ft ...
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NewsHigher horsepower drives outboard engine sales to 13-year high
US consumer demand for newer, technologically advanced, higher horsepower engines has driven US outboard sales to a 13-year high, nearly reaching pre-recession sales levels, according to the National Marine Manufacturers Association (NMMA).
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NewsBrunswick details full year performance on analyst call
Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’
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NewsInternational trade still holds challenges for recreational marine industry
Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”. In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada ...
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NewsSafe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...
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NewsRecreational boating opposes ‘Right to Repair’ legislation
The recreational boating industry has growing concern with a growing trend: so-called ‘Right to Repair’ legislation that requires manufacturers to release software information to allow independent retailers to repair electronic products. Just 29 days into the new decade, 27 US state legislatures have introduced such bills, which are opposed by ...
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NewsNew location, procedures for Miami Boat Show Innovation Breakfast
This year’s ‘State of the Industry’ address will be held at the Rusty Pelican Restaurant
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NewsMultiple fatalities feared in Alabama dock fire
At least two people are dead and nine people missing in a blaze this morning at Jackson County Park
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NewsHighfield becomes custom tender supplier for Leopard Catamarans
US builder will offer its Highfield Classic and Classic Deluxe models branded for the Leopard line of 40ft-58ft boats
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News
Hatteras reveals senior management succession
Hatteras/Cabo Yachts has announced two senior management appointments, as Dave Goodman has been named chief financial officer and board member Gary Smith assumes the role of CEO, succeeding Kelly Grindle.
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NewsFire destroys Quebec marina
Up to 100 boats were destroyed in a fire at a Quebec province marina on Saturday.
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NewsUS powerboat registrations increased in late 2019
A strong second half of the year for US boat sales helped boost powerboat registrations to 275,00 units through last November, up 6% on a rolling three-month year-over-year basis, but down 1% on a rolling 12-month year-over-year, according to the National Marine Manufacturers Association (NMMA).
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NewsUS/China trade deal keeps tariffs in place, Senate set to approve USMCA
The US and China are expected to sign a “phase one” trade deal today that would keep tariffs in place on some US$360bn in Chinese goods until after the US presidential election in November, while the United States Senate is expected to approve the US-Mexico-Canada (USMCA) trade pact on Thursday.
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NewsUS marina operator tests the waters for US$2bn sale
Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.
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NewsHigh water, freak storm wreak havoc for Lake Michigan marinas
Already high water and winds from a freak winter storm that caused waves as high as 23ft on Lake Michigan has closed roadways, damaged public and private docking and caused one municipality to dismantle its marina in order to save it.
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