Recreational fishing is a big business and its economic impact is equal to or greater than that of commercial fishing.
The recreational boating industry focused its message on saltwater fishing regulation during a panel discussion with two U.S. senators last week in Alaska, although the lawmakers seemed conflicted about when a change in legislation will occur.
Dave Nolan won’t sell a boat to just anybody. That might sound counterintuitive to most boat dealers — in fact, to most people in sales. But as the owner of Cape Yachts and South Wharf Yacht Yard, Nolan’s first priority is his promise that every customer will get superior service.
The explosion in digital technology has made the show indispensable, organizers and participants say.
Malibu Boats president Jack Springer has held CEO positions in a number of industries, including furniture, plastics, body armor, foundry, auto parts stamping, textiles, automotive and semiconductors. He spent time in the marine industry at Nautic Global Group before joining Malibu in May of 2009 — at the height of the recession.
Following a late spring, some of the quarterly earnings news was good for boatbuilders, though maybe less so for dealers.
Some dealers came into the Rec Boat Holdings meeting a bit nervous about the recent sale to the Beneteau Group, but president Roch Lambert says those lingering fears were put to rest last week.
Manufacturing production increased 1 percent in July, helping to lift the year-over-year pace of manufacturing output to 4.9 percent, its fastest annual pace since June 2012.
Cuba is gaining attention as a potential trade partner for the marine industry as some speculate whether the United States will lift its half-century trade embargo with the country.
A wooden reproduction of a 16th-century Spanish galleon that made an appearance with Johnny Depp in the film “Pirates of the Caribbean” and on John Malkovich’s TV show “Crossbones” was supposed to arrive next month at South Jersey Marina in Cape May, N.J.