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Led by fiberglass outboard and aluminum fishing boats, the recreational boat industry regained its footing after a slip in May and returned to moderate sales growth in June. Builders and dealers also got a boost from two bigger-boat categories — 31- to 40-foot cruisers and 41- to 62-foot yachts...

MasterCraft CEO Terry McNew rang the closing bell on the Nasdaq on Friday, celebrating the Tennessee-based boatbuilder’s initial public offering. The Master Craft Boat Holdings Co., which began trading under the symbol MCFT at $15 a share, is hoping to raise about $85 million by offering 6.1...

After 54 years of animosity, the United States and Cuba formally restored diplomatic ties. This morning, the United States opened an embassy in Havana and Cuba opened an embassy in Washington, D.C. In truth, both countries had for years already been running robust interest sections in both...

ORLANDO, Fla. — Johnson Outdoors’ Humminbird brand of electronics has captured the electronics innovation award at ICAST for the fifth consecutive year with its Helix 7 SI sonar/GPS. Last year, the company’s Helix 5 won the award, John Luther, senior product manager for Johnson Outdoors, said...

ORLANDO, Fla. — The marine electronics segment of the industry is taking full advantage of this year’s ICAST show to introduce its latest technologies, focusing on sonar and fish-finding products. The International Convention of Allied Sportfishing Trades show, held at the Orange County...

ORLANDO, Fla. — The 58th International Convention of Allied Sportfishing Trades show, held at the Orange County Convention Center in Orlando, has drawn more than 12,000 registered attendees this year — a record for the annual fishing industry event. Calling it the largest sportfishing trade show...

Brokerage sales volume increased to 3,649 boats in June, a 3 percent gain from the previous June, according to sales reports by YachtWorld member brokerages in their proprietary database SoldBoats.com. The total value of the boats that sold was $413.2 million, a decline of 15 percent from $485.8...

The National Marine Manufacturers Association said U.S. outboard engine wholesale shipments were up 5.4 percent year over year for the 12-month period through June and shipments of traditional powerboats were up 4.5 percent through April, with growth led by the outboard and inboard boat...

EMC said today that it completed its acquisition of the Maritime Telecommunications Network. The combined global company retains the name EMC and is now based at MTN’s offices in Miramar, Fla. EMC said the acquisition creates a company with a combined 35 years of experience in delivering...

The “Ladies, Let’s Go Fishing!” educational series has partnered with the National Marine Manufacturers Association, Discover Boating, the Miami International Boat Show, the Recreational Boating and Fishing Foundation and Take Me Fishing. “We’re excited to partner with these fantastic...

The Miami International Boat Show is moving ahead on time and on budget, and attendees and exhibitors are expressing confidence that the show will move forward as planned in its new location at Miami Marine Stadium. The boat show might be facing some opposition from a neighboring village about...

Marine lending sources are indicating that June retail unit sales will be up 5 percent from last year, as virtually all segments exhibited growth. That’s according to Wells Fargo industry analyst Timothy Conder, who says in a report released today that growth will be led by aluminum fishing...

Key Biscayne filed a third lawsuit looking to stop the Miami International Boat Show from coming to the Miami Marine Stadium, seeking to stop development of a park that is currently under construction in preparation for the 2016 show. The June 25 petition filed in Miami-Dade Circuit Court is...

The Environmental Protection Agency agreed to delay a ban on HFC-134a — a blowing agent utilized in the application of marine flotation foam — from 2017 to 2020. The National Marine Manufacturers Association said the delay is good news for the marine industry because many boatbuilders use...

Sailing yacht builder Morris Yachts said it is opening a service yard in southern Maine’s Casco Bay area. Morris is partnering with Handy Boat of Falmouth Foreside near Portland to support Morris and non-Morris customers seeking full-service capabilities, beginning today. Handy Boat is a...

Global alternative asset manager The Carlyle Group said it acquired the Lauderdale Marine Center, the nation’s largest yacht repair facility in terms of the number of large vessels it can haul and service. Equity for the transaction comes from Carlyle Realty Partners VII, a U.S. real estate...

In response to Malibu Boats’ patent-infringement lawsuit against MasterCraft Boat Co., MasterCraft issued a brief statement, saying it “strongly denies the allegations made in the lawsuit.” Malibu Boats announced Tuesday it had filed a lawsuit against MasterCraft for allegedly infringing on its...

Maine-based Lyman-Morse Boatbuilding acquired Wayfarer Marine Corp., and renamed the boatyard in Camden, Maine, as Lyman-Morse at Wayfarer Marine. “We are very excited about joining the two crews to create a most talented group of marine experts,” Lyman-Morse president Drew Lyman said in a...

Boating and fishing industry groups are encouraging stakeholders to weigh in on the Environmental Protection Agency’s most recent proposal to increase ethanol levels in the fuel supply. The Recreational Fishing Alliance and the National Marine Manufacturers Association are asking members and...

President Obama’s Pacific Rim free-trade deal gained traction this week as he signed legislation to fast-track the Trans-Pacific Partnership, setting the stage to complete the deal by the end of the year. The National Marine Manufacturers Association has been “very supportive” of the fast track...