Search results

FORT MYERS, Fla. — Nearly 60 dealers and 33 vendors gathered at the Sanibel Harbour Marriott in Fort Myers this week for the three-day 2016 Marquis-Larson Group dealer meeting — the first time the two boat manufacturers have held a joint event. “We think it is very important that you understand...

At least 30 boats of all sizes paraded across Rio de Janeiro’s Guanabara Bay on Saturday to protest contamination in the waters where sailing events will be held during the 2016 Olympics. Sailboats, schooners, tourist boats, canoes and fishing boats made a 7-mile round trip from the Marina da...

TowBoatUS Mystic — a 24-hour, on-water recreational boat towing and assistance company in Connecticut — was certified to assist the Coast Guard in search-and-rescue efforts. That’s because TowBoatUS Mystic completed a pilot search-and-rescue training program in May that was developed by Coast...

Brunswick Corp. extended its joint venture with Commercial Distribution Finance, a division of GE Capital, through 2019. The venture, Brunswick Acceptance Company, was formed in 2002, and the current agreement was to expire at the end of 2016. “This successful partnership has provided a stable...

S2 Yachts, the parent company of Tiara and Pursuit, is revamping its offerings to better serve post-recession consumers. That’s according to president and CEO Tom Slikkers, who told Michigan business publication MiBiz that consumers have changed the way they spend discretionary dollars. “We’re...

Regulator Marine showcased the new flagship 41 center console during its Dealer Week Invitational last week in Virginia Beach, Va. With direct access to the Atlantic, guests were able to experience the boat firsthand. “We love to see our dealers and customers so excited about the Regulator 41...

Tennessee-based Marine Accessories Corp. was acquired by Blue Sage Capital, a private equity firm based in Austin, Texas. Marine Accessories is the parent company of several brands in the wakeboard tower and marine canvas segments, including Xtreme Tower Products, Monster Tower, Great Lakes Boat...

Slovenia-based sailboat builder Elan Yachts was sold to Merrill Lynch International and Wiltan Enterprises Ltd. Slovenian state holding company SDH, which coordinates the privatization process in the country, said Wiltan Enterprises is acquiring 95.1 percent of Elan as part of the sale...

Russo Marine closed its Medford, Mass., location after operating in the city where the business was founded for 75 years. “Over 30 of our team members have called this home for quite some time,” Russo Marine president and CEO Larry Russo Sr. said in a statement. “We have one veteran employee...

Brunswick Corp. reported market share growth despite headwinds caused by a dollar that was continuing to strengthen during the second fiscal quarter. Brunswick CEO Dustan E. McCoy told investors on Thursday that the company faced foreign exchange headwinds, particularly in Canada, during an...

Fort Lauderdale-based Bertram Yacht today announced two appointments to its U.S.-based management team as it begins to roll out new-product initiatives. Marine industry and Bertram sales veteran Susan Davids joins the sportfishing boatbuilder as general manager and will be based at the company’s...

Second-quarter revenue rose 6 percent at Brunswick Corp. and boat sales were up 8 percent from last year. The increase in boat sales, which totaled $349.3 million, was driven largely by growth in fiberglass boats and was partially offset by declines in aluminum boats. The segment reported $20.9...

U.S. Rep. Lois Frankel, D-Fla., and Broward Metropolitan Planning Organization director Greg Stuart vowed that they will not put the marine industry at risk at a meeting last week with stakeholders in All Aboard Florida. Representatives of the Marine Industries Association of South Florida, the...

Sylvan “Ham” Hamberger, who worked in leadership positions at Mercury Marine, Boston Whaler, Yamaha and Tracker Marine during a 40-year career in the industry, died Friday in Palm Desert, Calif. He was 88. Hamberger was recognized as an industry leader and marketing innovator and in 1995 he was...

Ohio Gov. John Kasich recently joined the Republican presidential field and on Friday one of his first stops across the country was at the Scout Boats manufacturing facility and headquarters in South Carolina. Kasich and his camp chose Scout because of its reputation in the industry, continued...

Dropping homeownership is leaving millions of Americans stuck in rental housing — a trend that some say has big implications for the marine industry. Homeownership rates have dropped to historic lows, prompting the middle class to feel the strain of rising rents, according to a report released...

Mercury Marine’s Tim Reid testified before Congress on Thursday about the dangers of ethanol in gasoline to the recreational boating industry. Reid, Mercury’s director of engine design and development, warned members of the House Science Committee’s Subcommittee on Energy and Oversight about the...

An increase of fresh product in stores and better weather in the Midwest and Northeast have helped MarineMax gain sales momentum in June and July. “I do think that what we’re seeing is probably some delayed reaction in some of the markets that had maybe not the best weather to start the summer...

LAKE WYLIE, S.C. — Mercury Marine’s new 6.2-liter gasoline sterndrive engine (300 and 350 hp) was only part of the show at the manufacturer’s media event here this week. Five of the boats that the company made available for testing on Lake Wylie were equipped with Active Trim Control, a system...

The National Marine Manufacturers Association reported that wholesale shipments of traditional powerboats were up 4.6 percent through May. That was among the NMMA’s control group of manufacturers, which represents 68 percent of the market. Growth was led by the outboard and inboard boat...