Q&A with National Marine Bankers Association president Michael Bryant

Michael Bryant, the president of the National Marine Bankers Association, laughs when asked about his background. “The good thing about writing my bio is that I think I’ve only worked in four jobs in the last 40 years, and all of them have been in the marine lending business.” Bryant began his lending career in…more


Fears of Super Bowl conflict ease

South Florida’s bid to host classic advances, but date clash with the Miami boat shows deemed unlikely South Florida’s drive to host the 50th Super Bowl in 2016 was still very much alive in mid-April, as Miami Dolphins owner Steve Ross offered taxpayers incentives to split the $350 million cost of a stadium upgrade with…more


For the Record: Strength in Europe goal of Yanmar deal

Japanese diesel engine manufacturer Yanmar purchased Netherlands-based Vetus, a boat equipment systems engineering company with markets in more than 100 countries, in an effort to strengthen its European marine footprint in a stagnating economy. The terms of the sale were not disclosed, according to Peter Aarsen, vice president of Yanmar Europe. “But from an operational…more

For the Record: Bill before U.S. House would bar sales of E15

U.S. Rep. Jim Sensenbrenner, R-Wis., has introduced a bill that would block the use of gasoline blended with 15 percent ethanol until its harmful effects are further investigated. H.R. 875, introduced in late February, would repeal the Environmental Protection Agency’s waiver approving the sale of E15 until the agency seeks an independent scientific analysis from…more


Is Navico leading the electronics segment?

Navico, the parent company of the Lowrance, Simrad and B&G brands, has released figures that show it dominated a relatively slow marine electronics market during 2012. As a privately held corporation, Navico doesn’t have to reveal anything about its financial situation, but in late February it issued a press release claiming a dramatic 15 percent…more


Q&A with Brunswick Boat Group president Andy Graves

Brunswick Boat Group president Andy Graves doesn’t have an easy job. Graves has been president of the world’s largest boatbuilding operation since 2009, shortly after the recession hit, and is responsible for 16 brands in the Recreational Boat Group, Boston Whaler Group, Freshwater Boat Group and European Boat Group. Graves joined Brunswick in 2005 as…more


Movers and Shakers

Active Interest Media promoted Gary DeSanctis to vice president and general manager of the AIM Marine Group. He had been Marine Group publisher. DeSanctis joined AIM in 2010 as publisher of Yachts International and was later named vice president of sales for the Marine Group. “Gary has done an extraordinary job in building AIM’s Marine…more

For the Record: NMBA survey finds 4Q rise in lending

Marine lenders continued to report increased activity in 2012, with 58 percent of respondents to a National Marine Bankers Association survey indicating volume was up year over year for the quarter that ended Dec. 31. That was despite overall credit criteria tightening, 17 percent of respondents indicated, meaning that “those with strong credit profiles are…more


Maine’s quietest lobster boat

Commercial fleet’s last pot-hauling sloop is swapping diesel for electric to become emissions-free Randy and Nate Jones’ sailing lobster boat just got greener. Owner/captain Nate, of Westport Island, Maine, and his father, Randy, who co-captains the Sarah Mead, are changing out the 42-foot Friendship sloop’s 20-hp Volvo diesel with an electric turbine, turning what is…more


Q&A with Volvo Penta of the Americas president Ron Huibers

Ron Huibers may be new to the presidency of Volvo Penta of the Americas, but he is a seasoned veteran of the Volvo Group. Huibers had been president of sales and marketing, North America, at Volvo Trucks Americas, where he oversaw more than 25,000 annual unit sales through private distribution networks and national accounts. Huibers,…more

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