Getting middle-class families to invest in a new boat over an ever-growing variety of recreational choices is critical to the industry’s long-term health.

The affordability challenge

A man with a baby under his arm and two grade-school kids makes his way through the Progressive New England Boat Show. He wends his way through a section called the Affordability Pavilion, where boats can be financed for less than $250 a month. His eyes light up momentarily as he pauses next to one…more

Chaparral and Robalo builder Marine Products Corp. cited a decline in Canadian sales because of the strong U.S. dollar.

A big impact on Canadian market

American-built boats are costing Canadians about 20 percent more than they did a few months ago because of a weakening Canadian dollar versus the strong U.S. dollar.

With European sales lagging, manufacturers there are increasingly targeting the North American market.

From Europe, ‘in droves’

European boatbuilders have been focusing more and more on the U.S. market as their own economies remain challenged and the strong dollar creates a pricing advantage against their American counterparts.

Yeargin has brought a focus to Correct Craft’s business model that is paying off with growth in a tough market.

Q&A with Correct Craft CEO Bill Yeargin

Correct Craft CEO Bill Yeargin has overseen the company’s expansion through some new acquisitions that have led it to grow exponentially. The parent company of Nautique has been on an acquisition streak, having bought fishing boat brands Bass Cat and Yar-Craft in March and engine builders PCM Marine Engines and Crusader Engines last October. (Yeargin…more

NMMA responds to Miami lawsuit in court documents

The National Marine Manufacturers Association is denying allegations that it violated Florida’s Sunshine Law when it entered into a licensing agreement with the city of Miami to hold the Miami International Boat Show at the Miami Marine Stadium Park and Basin.

Webinar addresses Miami show site plans and concerns

The Miami International Boat Show will cover 600,000 square feet of land at the Marine Stadium Park and Basin with open-air and air-conditioned structures and will use 20 to 25 percent of the basin in 2016 to accommodate more than 700 boats, including large boats, in the area where sea trials will be available.

Spectators gather Saturday at Castle Hill in Newport, R.I., to watch the Volvo Ocean In-Port Race.

Newport seeks to secure another Volvo Ocean Race stopover

Enthusiasm and participation at the Volvo Ocean Race stopover in Newport, R.I., exceeded expectations, leading organizers to give the city an exclusive two-month negotiating window to secure the North American stopover in the next race, slated for 2017-2018.

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