Marinas and Boatyards

Marinas and boatyards offer the vital services, ranging from repairs to slips and seasonal storage, that boaters require. Because they're in regular contact with boat owners, these businesses can take the pulse of the recreational boating industry every day. Developments such as new facilities and new services at these sites help to drive the industry forward.

Presenters wanted for IMI conference

The International Marina Institute is looking for presentations for its Emerging Applied Technologies Conference, scheduled for Oct. 25-27 in Fort Lauderdale. The conference will cover the latest in technologies, “green” products and current trends in the marine industry. Attendees will include international marina industry professionals, Certified Marina Managers, and marina owners and operators, as well…more

Higher lake level puts marina back in place

Following spring rains that raised the level of California’s Lake Shasta, the floating concrete Marina at Jones Valley Resort was moved back to its home port location last week. The 2,000-foot long, 70-slip marina was pushed and pulled by houseboats and workboats at a speed of a quarter-mile per hour. “Moving a marina of this…more

Boatyard installs system to reduce copper in runoff

Canal Boatyard of Seattle is staying ahead of environmental regulations with the recent installation of a new Stormwater RX Aquip filtration system designed to help reduce copper levels in runoff. The system consists of a large holding tank with several different layers of filter media, with fabric filters positioned at key points in the process.…more

Saxon to keynote Marina Mile 84 Association gathering

Marine industry consultant Bob Saxon will be the featured speaker at Thursday’s meeting of the Marina Mile 84 Association of Fort Lauderdale. Saxon’s presentation, “Positioning and Planning For Your Company to Survive and Thrive as the Market Recycles,” will offer dynamic strategies for staying afloat in this difficult market. The breakfast meeting will be held…more

ValvTect picks Marina of the Year

ValvTect Petroleum recently recognized Bayport Marina of Bayport, Minn., as its 2008 ValvTect Marina of the Year. “Our goal is to provide our [more than] 200 slip holders a clean, pleasant and environmentally friendly place to enjoy their boating activities,” Bayport Marina general manager Marshall Nowlin said in a statement. “Having ValvTect Marine gasoline at…more

Island Global Yachting will manage Croatian marina

Island Global Yachting and Nautical Center Prgin, one of Croatia’s leading marine industry companies, finalized a joint-venture agreement and released plans for development of the marina. Renovations will include the addition of 65 megayacht berths to the existing 350 wet slips, transforming the facility into the new Mandalina Marina & Yacht Club — Croatia’s first…more

Want to sell a marina? It’s a new ballgame

Selling a marina in this environment isn’t easy, but it’s also not impossible. “There’s still a large gap between sellers’ expectations and buyers’ expectations,” says broker Karen Calvacca of Waterfront Investment Properties in Newburyport, Mass. Typical capitalization rate, a figure derived by dividing a marina’s net operating income into its market value, is probably 8…more

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Marina operators hear a message of hope

Record turnout at IMBC is told to prepare for recovery that could begin before the end of the year Expect 2009 to be tougher than 2008, but economic recovery could begin later this year or in early 2010. In the meantime, a keen nose can sniff out business opportunities now, and a sharp eye can…more

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Q&A James L. Frye Westrec executive, AMI chairman and president

James L. Frye is vice president of business development and acquisitions for Encino, Calif.-based Westrec Marinas. As the world’s largest owner/operator of marinas and marine-related businesses, Westrec provides professional management services to its properties, affiliates and clients around the world. Founded in 1987, Westrec manages both fresh- and saltwater marina facilities, handling a wide array…more

Charleston marina receives design award

The Charleston (S.C.) City Marina received the PIANC 2009 Jack Nichol Award for outstanding marina design. According to the award letter, “The jury considered that Charleston City Marina best represented the technical, functional, aesthetic and environmental award criteria.” Applied Technology & Management assisted in the 10-year redevelopment of the marina, which resulted in enhanced facilities…more

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