All articles by Tony Esposito – Page 92
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NewsMarquis Yachts restructures following Larson sale
With the sale of its Larson boat brand to Polaris and the first Lexus-branded yacht due this autumn, Marquis Yachts has announced a strategic reorganisation focused exclusively on the luxury yacht market.
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NewsTrade wars impacting whole of US economy
Trump tariffs to restrict GDP growth by an average of 0.1% per year for the next decade if they remain in place
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NewsNMMA’s Dammrich honoured by marina industries
Outgoing National Marine Manufacturers Association (NMMA) president Thom Dammrich was honoured during the opening ceremonies of last week’s International Marina & Boatyard Conference in Ft Lauderdale, Florida.
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NewsUS government shutdown ‘hits close to home’ for boating industry
The longest government shutdown in US history ended last week with a stop-gap funding measure that will keep federal agencies working until February 15. But the month-long stalemate resulted in an US$11bn hit to the US economy, creating several challenges to the recreational boating industry, according to an analysis released ...
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Florida Keys fight Airbnb yacht rental
Monroe County, Florida – which is made up entirely of the Florida Keys – is cracking down on Airbnb rentals, and has its first-ever test case pending against the owner of a 40ft sportfishing yacht.
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MPC reports Q4 drop in net sales
Marine Products Corp (MPC), the parent company of Chaparral and Robalo boats, reported Q4 2018 net sales of just over US$62m, down 5.4% from the previous year which the company says is due to a decline in international sales due to the Trump administration tariffs.
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NewsVanquish Boats relocates
After a decade of building ‘New England-style’ runabouts, dual and center consoles, Vanquish Boats is relocating to South Florida to accommodate the company’s growth.
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Brunswick creates fibreglass boat design and technology centre
Brunswick Boat Group is launching a 45,000sq ft Fiberglass Boat Technology Center (BFBTC) in what the company says will be “home to the industry’s most formidable boat product development team, with a mission to design, engineer, and launch innovative, industry leading products for two of the most iconic brands in ...
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NewsMarineMax starts fiscal 2019 on an upswing
MarineMax reported revenue growth of 2% – or just over US$5m – for the fiscal 2019 first-quarter ended 31 December 2018.
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US outboard wholesale shipments up in 2018
Wholesale outboard shipments in the US were up 5.9% in 2018, according to the National Marine Manufacturers Association (NMMA) Monthly Shipping Report.
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Seattle Yachts acquires Cabrillo Yacht Sales
Less than a year after opening an office on the US east coast, Seattle Yachts has purchased Cabrillo Yacht Sales of San Diego, California.
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NewsUS powerboat registrations up through November
US powerboat registrations were up 4.4% in November on a rolling, 12-month year-over-year basis, with increases seen in all categories of boats.
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NewsSouth Florida marine economy continues to rise
The recreational marine industry’s multi-billion-dollar economic impact on South Florida is growing across Broward, Miami-Dade and Palm Beach counties, according to the Marine Industries Association of South Florida (MIASF), the Greater Fort Lauderdale Alliance and a new study com
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Hearings scheduled to revitalise marine industry in New York
The Suffolk County Marine Industry Revitalization Advisory Council (MIRAC) is seeking input from marina owners, commercial and recreational anglers and residents in deed of dredging “to help shape policy that will create the next generation of marine workers, support much-needed dredging projects, protect fisheries from deadly algal blooms, and ensure ...
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Fort Pierce City Marina ready for bigger boats
A three-month, US$400,000 dredging project to deepen the entrance to Fort Pierce City Marina in Florida following Hurricanes Matthew and Irma in 2016 and 2017 has opened the marina to larger boats and is using the removed sand for the Indian River Lagoon Island.
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NewsELUX Marine launches electric pontoon boat
The upcoming Minneapolis Boat Show will see the debut of a new electric-powered, fiberglass “luxury pontoon boat” from ELUX Marine. The show runs from January 24-27 at the Minneapolis Convention Center.
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Taxes, infrastructure, pollution are major hurdles to yachting in India
High taxation, a lack of proper facilities and rising pollution levels are impeding the growth of yacht tourism in India, an industry expert says.
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NewsLate actor’s family opposes sale of John Wayne Marina
The continuing saga of the John Wayne Marina in Sequim, Washington, now sees the late actor’s estate weighing in with opposition to the sale and has informed the port of Port Angeles that it cannot sell the facility without consent of the estate’s approval.
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ABBRA to host annual meeting in Ft Lauderdale
The American Boatbuilders & Repairers Association (ABBRA) is set to meet later this month for its annual meeting, billed as “the only conference designed by boatyard operators for boatyard operators.”
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Barletta Pontoons names new dealer
Barletta Pontoons in the US has signed Atwood Lake Boats, the state of Ohio’s largest pontoon boat retailer, as its newest dealer.
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