All articles by Tony Esposito – Page 72
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International 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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Safe 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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Recreational 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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New 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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Multiple 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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Highfield 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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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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Fire destroys Quebec marina
Up to 100 boats were destroyed in a fire at a Quebec province marina on Saturday.
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US 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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US/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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US 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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High 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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Industry mourns former Palmer Johnson president Mike Kelsey, Jr.
Former president of Palmer Johnson Yachts dies following a long illness
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Worth Avenue Yachts named latest Hatteras/Cabo dealer
Seattle dealer with exclusive territory rights in Washington state and British Columbia, Canada
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Natural Resources Ministry steps in for BVI Trellis Bay derelict boat clean up
Ministry of Natural Resources, Labour and Immigration declares “emergency cleanup” operation following complaints from local businesses and tourists
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Gutierrez named president of Tigé Boats
Former chief operating officer immediately assumes responsibilities for all operations
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California couple sues City over destroyed boat
Couple allege boat was unlawfully seized as part of a government program to clean up derelict vessels - federal law suit alleges many more vessels involved
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Despite strong 2020 outlook for boat sales, economists less bullish about general US economy
Boat industry proving resilient in face of economic headwinds
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Chicago gets first “transient” marina at historic Navy Pier
Navy Pier to be full-service marina, with concierge service, 24-hour secure access