All articles by Tony Esposito – Page 74
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Miami show organiser seeks long-term deal
The Virginia Key Advisory Board (VKAB) and the National Marine Manufacturers Association (NMMA) met again recently to discuss maximising use of the island that hosts the trade association’s Miami International Boat Show (MIBS) and the Miami Marine Stadium.
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Hustler Powerboats founder dies
The high-performance boating industry is mourning the loss of Hustler Powerboats founder Paul Fiore, who died unexpectedly on Tuesday at the age of 76.
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Safe Harbor acquires US marina
An historic New Hampshire shipyard is the latest in a string of acquisitions by Safe Harbor Marinas, though the company remains tight-lipped about the purchase.
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City of Sequim proposes takeover of John Wayne Marina
In the continuing dilemma of what to do with the ageing, ailing John Wayne Marina, councilors from the City of Sequim, Washington voted unanimously to ask the Port of Port Angeles to transfer the marina to the city at no cost.
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Princecraft introduces new fish boat, pontoon models for 2020
Canadian aluminium boat builder Princecraft is introducing two new pontoon models and has overhauled its Vectra/Sportfish brands with added features in a Platinum SE series.
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Canadian city approves C$2m overrun for floating dock system
Faced with spending C$2m more than planned for a floating dock system or a 42% reduction in available boat slips, the city of Windsor, Ontario has opted to stick with the original plan of adding an additional 12 berths to its Lakeview Park Marina.
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USCG Illegal charter crackdown continues
The United States Coast Guard’s (USCG) focus on illegal charter operations continues in full force with the latest unlawful operator nabbed in Key West, Florida, just off the community’s legendary Mallory Square. The operator faces fines on up to US$39,936.
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US powerboat registrations on par with last year
New US powerboat registrations through September show retail sales down just under 1% on a rolling 12-month year-over-year basis and up 5% on a rolling three-month year-over-year basis, bringing retail units “back on par with last year”, according to the National Marine Manufacturers Association (NMMA).
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Two yachts destroyed in fire worth US$24m
An early morning weekend fire destroyed two yachts worth an estimated US$24m in what officials are calling the “biggest fire loss in Ft Lauderdale history”.
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Miami Innovation Award nominations open
January 10 is the entry deadline for products to be nominated for the 2020 Miami International Boat Show (MIBS) Innovation Awards.
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MJM Yachts makes US$12m investment in North Carolina
MJM Yachts, the Boston, Massachusetts-based builder of “eco-friendly motoryachts”, is creating a new shipyard in Washington, North Carolina with a US$12m investment and the promise of creating more than 200 jobs over the next five years.
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Party with the USA at METSTRADE
The nearly 90 METSTRADE exhibitors from the US will host a reception on Day Two of the 2019 international trade conference in Amsterdam on 20 November.
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US Senate spending bill includes boating industry priorities
The United States Senate last week passed a package of appropriations bill that includes funding for some of the recreational boating industry’s top priorities. The move allows members of the Senate and House to meet in conference committee to negotiate a resolution to the differences in spending bills passed by ...
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Weatherford Capital makes third multimillion-dollar investment in Safe Harbor
Safe Harbor Marinas has received a US$41m infusion of cash from Weatherford Capital, the third multimillion-dollar investment from the Tampa, Florida-based private equity firm since 2017.
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Entry deadline set for Minneapolis Boat Show Innovation Awards
Exhibitors have until 20 December to submit entries for the 2020 Minneapolis Boat Show Innovation Awards. The awards will be presented during the Sneak Peek Evening on Wednesday 22 January in the show’s lifestyle feature booth.
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“Yacht orgy” scandal forces Hungarian Mayor to resign
Zsolt Borkai, the mayor of Gyor, the largest city in western Hungary, who easily won reelection to a fourth term last month despite a video made public showing him participating in an orgy on a luxury yacht, will step down from his position on Friday because of his “moral predicament”.
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Nominations open for Alan J Freedman Award
The National Marine Manufacturers Association (NMMA) in the US has opened the nomination process for the 2020 Alan J Freedman Memorial Leadership Award, recognising individuals who have made outstanding contributions to the marine accessories industry.
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Safe Harbor adds 90th marina
Safe Harbor Marinas’ acquisition streak hasn’t seemed to slow any, as the Dallas, Texas-based marina network operator added a second property in as many months to its portfolio.