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.

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Marinas find going ‘green’ pulls in customers

Many go beyond regulations, profiting from marriage of economic and environmental benefits In the not-too-distant past, marina and boatyard operators saw a swell of proposed environmental regulations as a threat not only to their livelihoods, but the boating discipline as well. Some of them included: • Permitting storm water runoff. • Requiring paints and solvents…more

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Bankrupt Fla. marina goes to chief creditor

New River property ends up in foreclosure after Fort Lauderdale auction results voided When the auction hammer came down, confirming Allied Richard Bertram Marine Group’s July 17 purchase of bankrupt New River Marina for $13.4 million, everyone thought the deal was in the bag. But what looked like a sure thing turned into a nightmare…more

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Atlantic City boat show starts next week

The Atlantic City In-Water Boat Show, set for Sept. 4-7, will feature more than 700 boats, 16 to 70 feet in length. The hottest new motoryachts, sportfishing yachts, runabouts, walkarounds, center consoles and performance boats will be at Farley State Marina, adjacent to Trump Marina Hotel Casino. Included with a $20 adult admission is a…more

Peer group issues call for papers on sailboats

The Small Craft (Sailing) Technical Panel of the Society of Naval Architects and Marine Engineers issued its initial call for papers for the SNAME Journal of Sailboat Technology. The new online, peer-reviewed journal will focus on research achievements and engineering practices, ranging from sailboat systems and sail design to materials and construction methods, weather routing…more

Mass. shipyards merge, expand services

Fairhaven Shipyard & Marina purchased D.N. Kelley & Son Inc., of Fairhaven, Mass., on July 31. The purchase consolidates the services of two long-established marine facilities on the Fairhaven waterfront under the same management structure and forms a new company called Fairhaven Shipyard Companies. The operations will be known as the North Yard and South…more

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When the rains stopped, the lake was gone

Marinas and shops are left high and dry until Wisconsin isthmus is rebuilt and the water returns The emptying of Wisconsin’s Lake Delton in June has left many of the marine business owners who relied on it scrambling to make ends meet. On June 9, the isthmus that separated Lake Delton and the Wisconsin River…more

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‘Star’ on the rise marina chain in growth mode

Morningstar’s father-son team wants to own, upgrade and manage as many as 25 properties by 2012 It’s been about four years since Stephen Benson and his son, Dave, ventured into the marina business with their purchase of the 950-member Peninsula Yacht Club on Lake Norman, N.C. And their portfolio of Morningstar marinas keeps getting bigger…more

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Vegas area marina owner’s $10M bet

Buys neighboring facility for expansion, despite economy and drought Expanding a business in any environment can be difficult. Add in a prolonged economic downturn and a seven-year drought, and one might wonder what Bob Gripentog was thinking when he recently bought a neighboring marina to enlarge his existing operations. “It’s a bit of a gamble,” he…more

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Construction finished at Calif. development

Marina construction at the new luxury townhouse development, Esprit, in Marina del Rey, Calif., has been completed by Atlantic-Meeco of McAlester, Okla. The marina has 227 slips ranging from 35 to 70 feet and three amenity platforms of approximately 4,500 square feet that house restrooms, showers, laundry facilities and other services. The marina and platforms…more

Florida marina selling memberships quickly

Jupiter, Fla.-based Jonathan’s Landing Marina converted to a membership marina last fall and has sold out its 75 charter memberships in less than six months. The remaining 195 memberships continue to sell at a rate of 10 to 12 per month, according to marina personnel. Jonathan’s Landing Marina membership program provides a public marina within…more

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