A deal between the city of Miami and a neighboring village that would have ended a legal dispute over the Miami Marine Stadium and its surrounding area — and a drawn-out fight over holding the Miami International Boat Show at the site — has fallen through.
Dealer reception to the Wake Tractor — a new surf brand built by industry veteran John Dorton and his son, Ben — has taken off since the brand made its industry debut at Surf Expo in September, with 19 domestic dealers already signed and 12 internationally.
A settlement agreement proposed by the city of Miami and the village of Key Biscayne that would end a dispute over the Miami Marine Stadium Marine Park will not thwart the Progressive Miami International Boat Show from taking place there in 2016.
China-based Hudson Yacht and Marine Industries blamed design flaws in Gunboat International’s models, not builder error, for problems that resulted in warranty claim disputes and eventually in Gunboat filing a lawsuit against HYM.
Bruce Van Wagoner is managing director and president of the Commercial Distribution Finance marine group at GE Capital, the marine industry’s major wholesale lender. He leads a team of employees focused specifically on the marine industry, funding thousands of dealers in support of the sales of virtually all of the major manufacturers. Van Wagoner says…more
True to Jim Malone’s upfront style, the newly reinstalled Nautic Global Group CEO says he isn’t sure whether the company will be sold as a whole or brand by brand. But, Malone says, he thought it best to put rumors to rest by clarifying the sale situation to the extent possible.
The 56th Fort Lauderdale International Boat Show, which takes place Nov. 5-9 in seven locations, is drawing a larger and more international mix of exhibitors than ever and will showcase the largest boat that has ever been displayed at the five-day event.
The National Transportation Safety Board says the capsize of an 85-foot Northern Marine yacht during its launch last year was probably a result of the vessel’s low margin of stability. The board attributed the stability problem of the $10 million yacht, which was a complete loss, to the combined effects of a recording error during…more
Two years out from its purchase by private equity firm Versa Capital Management, Hatteras Yachts is investing not only in products, but also in its creative department and — perhaps most important — finding opportunities to let customers experience the brand.