The marine industry’s behemoth floorplan lender increased several credit lines in the last year or two as boat sales continue their steady, albeit slow ascent and confidence rises among consumers and dealers.
A lawsuit filed over plans to hold the Miami International Boat Show at Miami Marine Stadium in 2016 is being resolved and is in mediation.
In a sweeping show of solidarity among saltwater fishing stakeholders, the Recreational Fishing Alliance is endorsing a vision for managing saltwater fisheries to give recreational anglers a voice.
Brunswick Corp. will look at expansion opportunities in new categories, such as the recreational vehicle market, as it grows the parts and accessories arm of its business.
A New Zealand sailor whose contract was terminated by America’s Cup champion Oracle Team USA was denied his request that a prototype AC45 be confiscated as a seaman’s lien against unpaid wages.
Cobalt Boats LLC is suing Sea Ray Boats, alleging that the company infringed on Cobalt’s patent for a submersible swim step. The complaint, filed in U.S. District Court for the Eastern District of Virginia, contends that Sea Ray’s “reckless” infringement of the patent has caused Cobalt to lose sales.
This year’s Düsseldorf boat show included 1,741 exhibitors from 57 countries, as some boatbuilders stepped up their presence in an effort to capitalize on the relatively strong economic region in a still-lagging European market.
New technology has made cleaner, more efficient boats and engines more available than ever before, but some manufacturers say educating the American boater about cleaner alternatives can feel like an uphill battle.
Denny Salas, the new executive director of the Water Sports Industry Association, spent four months with the organization learning the ropes before taking the new position. A New England native, Salas became familiar with the boating industry as a lobbyist for the National Marine Manufacturers Association. Before that, he worked with various politicians on Capitol…more
BOSTON — The Progressive New England Boat Show, which ran from Feb. 14 through Sunday, had drastically reduced attendance because of frigid weather and several feet of snow that plagued the region, but many exhibitors said the people who did show up were buying boats.