All articles by Tony Esposito – Page 81
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NewsEagleTree Capital acquires Invincible Boat Company
New York-based private equity firm EagleTree Capital has acquired a majority stake in Invincible Boat Compan
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NewsYacht tourism sees a slow comeback in St Maarten following Hurricane Irma
Two years after the Category 5 storm devastated the Caribbean, St Maarten has enjoyed what one veteran industry observer describes as “a moderately successful high season”
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NewsChina opens Hainan Province to foreign yachts
Beginning next week, eight coastal waters off South China’s Hainan Province will be open for temporary entry and exit by foreign yachts through January of 2020.
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NewsColorado boating under threat by invasive species
The state of Colorado has seen a dramatic rise in the number of invasive mussel-infested boats, which some officials say could lead to a shutdown of boating activities in the state’s 38 drinking water reservoirs.
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News1,300 US dealers receive Customer Satisfaction Index award
More than 1,300 US boat dealers have been recognised by the National Marine Manufacturers Association (NMMA) with its 2018 Customer Satisfaction Index (CSI) Award and just over 900 were recognised for excellence in customer service.
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Marina fire destroys dozens of vessels in Brazil
Dozens of boats were destroyed during a fire this past weekend at the Marina do Forte in Bertioga, on the coast of Sao Paulo, Brazil.
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NewsLexus begins social media campaign for LY 650
Lexus, the luxury automobile division of Toyota Motor Corp, has begun a social media ‘tease’ campaign for the launch of its LY 650 sport yacht scheduled for September.
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NewsOregon to charge wakeboat permit fee
The Oregon Legislative Assembly has approved a towed watersports program that includes a biannual US$124 permitting fee. The bill now awaits Governor Kate Brown’s signature.
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InterviewFreedom Boat Club, Brunswick | John Giglio, Cecil Cohn, Brenna Preisser
Following Brunswick’s acquisition of Freedom Boat Club, IBI talks with FBC president John Giglio, president of Brunswick Boating Services, Cecil Cohn, and Brenna Preisser, president – Brunswick Business Acceleration about the business strategy and the future of boating
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NewsMarquis appoints national sales manager
Marquis Yachts has named Scott Nault to the position of national sales manager, responsible for the Pulaski, Wisconsin-based builder’s Marquis, Carver and Lexus yachts lines. He will also oversee dealer development and product education.
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NewsAlaska’s DMV boat registration aimed at derelict boats
Alaska is now requiring all motorboats in the state to register and title with the Department of Motor Vehicles (DMV) as a way of preventing abandoned and derelict boats, but not a lot of boat owners are aware of the new law which took effect in January.
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NewsPhilippines orders registration of private recreational boats
The Philippines Maritime Industry Authority (MARINA) is tightening it policies on maritime tourism with new rules on registering, licensing and operating recreational boats for commercial or private use within its territorial waters.
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NewsMalibu CEO named Entrepreneur of the Year
Malibu Boats CEO Jack Springer has been named 2019 Entrepreneur of the Year for the Southeast region by the business consultancy of Ernst & Young.
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Sea-Doo recalls coolers that can trap people inside
Just one month after a recall of 60,00 Igloo marine coolers, the US Consumer Product Safety Commission has announced the recall of some 2,500 BRP Sea-Doo marine coolers because the latch can lock automatically, possibly trapping someone inside.
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NewsBrunswick restructure leads to 100 layoffs, Mercury to initiate “temporary work stoppage”
Brunswick Corporation’s completed sale of the Life Fitness division has led to job cuts, while adding $490 million to the company’s acquisition coffers. At the same time its Mercury Marine division is beginning a “temporary stoppage” of some production lines.
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China Section 301 Tariffs list 3 exclusion process opens Sunday
Web portal for submitting exclusion requests will open at mid-day on Sunday, 30 June,
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NewsIndependent builders select Fusion as entertainment supplier choice
Entire line of Fusion, a brand of Garmin International, will be available direct to IBBI members though 2024
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NewsIBEX expands educational seminars
Seminar Series expanded to include eight different learning tracks
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US agency announces US$24.7m in infrastructure grants
The US government is putting up some US$24.7m in Boating Infrastructure Grant (BIG) money for local governments, port agencies, private marinas and boat clubs to make improvements that will help stimulate local economies in part by attracting visiting boaters.
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NewsMiami losing millions as marina deal stalls yet again
The City of Miami, Florida is losing millions of dollars in legal fees and potential revenue in what has become a two-year battle to install a new operator at Rickenbacker Marina on Virginia Key, and now the City Commission has voted to delay the matter until mid-July.
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