All articles by Tony Esposito – Page 72
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NewsMarine lenders working with boaters/dealers, independently
A call for US marine lenders to temporarily postpone boat loan payments is being answered, but not collectively or formally, according to bankers involved in both consumer and commercial boat loans. National Marine Lenders Association president John Haymond – a Sr VP of Business Development with Medallion Bank – told ...
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NewsMarine manufacturers seek out production opportunities
US marine manufacturers large and small continue to look for opportunities to aid in the fight against the COVID-19 pandemic while keeping people safe and working.
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NewsUS Paycheck Protection Program begins 3 April
Boat dealers and small builders in the US can begin applying for economic relief this weekend under a new government program put into place to stem the financial effects of the COVID-19 pandemic.
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News2019 US sailboat sales drop
The NMMA releases its first 2019 Statistical Abstract for the sailboat sector
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NewsWhat the US$2 trillion relief package means to the boating industry
With over half the US under ‘stay at home’ orders from state or local governments, President Trump has signed a US$2 trillion economic relief package aimed at workers and businesses of all sizes, while separate action has seen additional action on tariffs. The package allows businesses to delay payment of ...
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NewsSuzuki to build US Marine Tech Center
Suzuki Motor of America is finalising plans for the Suzuki Marine Technical Center USA to be built on 20 acres of waterfront in Panama City, Florida. While an official groundbreaking date has not been set, site preparation is underway and exiting buildings on the property are in final renovation. Suzuki ...
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NewsBoating industry answers the call
Boat and yacht manufacturers are donating PPE for frontline medical workers to help curb the spread of Covid-19
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NewsRegal Boats consolidates manufacturing operations
US builder to close Valdosta, Georgia manufacturing facility and consolidate operations at its Orlando, Florida headquarters
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NewsUS healthcare workers appeal to boating industry for help
The US healthcare community has made a direct appeal to marine manufacturers to help them in a desperate need for personal protective equipment (PPE), according to a letter from the National Marine Manufacturers Association (NMMA) to its members.
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NewsMRAA offers free online learning for dealers
US boat dealers idled by the COVID-19 pandemic can fill some of their free time with some free online education.
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NewsBrunswick releases sustainability report
Brunswick Corp has published its first company-wide sustainability report to showcase its efforts and successes in efforts to conserve resources, both natural and financial.
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NewsInconsistent rules leave Florida’s US$23bn boating industry in flux
Palm Beach County, Florida, has joined its neighbour to the south, Miami-Dade County, in closing marinas and boat ramps to all but commercial fishing operations. But Broward County, which sits between the two and is home to Ft. Lauderdale – the hub of South Florida’s US$12bn yachting and boating industry ...
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NewsUS boating industry struggles to maintain normalcy
The uncoordinated response of federal, state and local governments across the US is creating a myriad of circustances for manufacturers, retailers and boaters themselves.
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NewsInvincible: online to replace boat shows, operations continue
Invincible Boats, which began the new year with a new catamaran, new marketing campaign and a new push into international markets, is adjusting to the changing market conditions brought on by the COVID-19 pandemic and, thus far, is continuing normal manufacturing operations.
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NewsSuperyacht capsizes and partially sinks at Greek yard
A £65m superyacht owned by a Saudi prince capsized and partially sank while awaiting repairs at a shipyard in Greece.
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NewsMarinas remain open amid coronavirus fears – for now
The coronavirus pandemic has already taken a toll on the cruise industry, especially in the Caribbean where several destinations have placed a ban on all cruise ship calls for the remainder of the season. But superyacht marinas remain open and welcoming – with some cautions.
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NewsMercury Marine HQ worker tests positive for COVID-19, employees encouraged to work from home
Manufacturer claims no impact on production
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NewsAmerica’s Cup World Series regatta on schedule for Italy
Despite a virtual quarantine of Italy’s 62 million citizens and travel warnings or bans issued from various governments around the world due to COVID-19 coronavirus, the organisers of the America’s Cup World Series regatta have said the race will go on.
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NewsUS shipyard to launch first new boat in 40 years
Despite a 149-year history of continuous operation, Gamage Shipyard in the US hasn’t launched a new vessel in nearly 40 years, operating instead as a marina, storage facility and full-service refit shop in South Bristol, Maine. That’s about to change this spring.
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California Boating Congress scheduled for month’s end
The fifth annual California Boating Congress (CBC) will be held from March 30-31 in the state’s capital city of Sacramento. Hosted by the Marine Recreation Association (MRA), which has represented marinas on the US west coast and Hawaii, along with Australia, Canada and Mexico, for nearly 50 years, the CBC ...
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