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For the Record: Northern Marine ramps up refit division

Northern Marine’s newly launched repair and refit division is off to a busy start. In addition to building three new yachts, the Anacortes, Wash., boatyard is refitting five boats, four of which are Northern Marine builds. One of the more famous Northern Marine yachts on site is the 75-foot Cheemaun, according to the builder. The…more

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Movers and Shakers

The American Boat and Yacht Council named Brian Goodwin as its new technical director. “In today’s environment of ever-increasing regulations and requirements, it remains so important for ABYC to not only be able to respond to the changing climate, but also to aid in the interpretation and compliance by writing new or updating existing standards,”…more

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Q&A with Jim McManus, CEO of The Hinckley Co.

Jim McManus, 49, has been chief executive of The Hinckley Co. since 2007 after establishing a career in hospitality and service management, luxury branding and positioning, sales and marketing, mergers and acquisitions and customer service. His resume includes stints as CEO of Zoots, a startup dry-cleaning company that grew to become one of the largest…more

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Bertram has a big new home in Florida

After a half century in Miami, the Ferretti-owned boatbuilder moves its production to Merritt Island After more than 50 years in Miami, Bertram Yacht is relocating to Merritt Island, Fla., where it plans to build more and better boats in larger buildings and on a bigger piece of land on a navigable waterway. Alton Herndon,…more

Hunter, Luhrs parent files for bankruptcy

Morgan Industries Corp., the parent company of Hunter Marine and the Luhrs Marine Group, filed a voluntary petition for Chapter 11 bankruptcy protection April 30 in U.S. Bankruptcy Court in the District of New Jersey. In its filing, Morgan says it has between $10 million and $50 million in assets and the same amount in…more

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For the Record: NMMA-U.S. partnership offers export resources

The National Marine Manufacturers Association announced a partnership with the U.S. and Foreign Commercial Service in April to create a formalized program that gives NMMA members improved access to international trade resources offered by the federal government. The announcement was made during the American Boating Congress. The New Market Export Initiative was developed to assist…more

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Movers and Shakers

Northrop & Johnson named Renato Cagiati its chief financial officer. Cagiati has held positions in fields that include banking, marketing, sales and finance. He held executive positions with Hewlett Packard in Geneva, Mars Inc. in London and Paris, and Coors Brewing Co. in Colorado. Cagiati most recently was chief financial officer at Yachting Partners International…more

Cup racing adds fun to work agenda

Not many boating events command instant global recognition, but the America’s Cup is one that does. This summer, the America’s Cup World Series — the run-up racing to next year’s Cup regatta — comes to Newport, R.I., and so does Sail America’s 2012 Sailing Industry Conference and Regatta. Designed to help members adapt and profit…more

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Q&A with Robert Healey, chairman and CEO of Viking Yacht Co.

Robert Healey is chairman and CEO of Viking Yacht Co. Healey, 83, along with his brother, William, founded Viking Yacht and Viking Sport Cruisers nearly 50 years ago. After graduating from Camden Catholic High School in Cherry Hill, N.J., Bob Healey attended St. Joseph’s College in Philadelphia and then earned a degree from the University…more

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Caution rules in earnings reports

Industry’s public companies see slow growth and hope it will continue in the second half of 2012 The marine industry’s publicly held companies generally reported improved results in the January-March quarter, and most expect continued slow growth for manufacturers and their dealers. As officials tout the improvement they are seeing in their companies’ balance sheets,…more

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