Industry News

Consisting of builders, dealers, marinas, parts and accessories makers and sellers and the trade groups that serve them, the marine industry is a sprawling and colorful collection of companies and people. From the number and type of boats it sells to its advocacy for the rights of boaters to enjoy their recreation on pollution-free waters, using fuel that doesn't damage their engines, the industry makes news in many ways.

Boat sales make a jump in January

Driven by the three boat types that have been the industry’s strongest sellers since the last recession ended, recreational boatbuilders and dealers began 2017 with high single-digit January gains.

Sunsail and The Moorings have new ownership

The TUI Group said it has an agreement to sell U.K.-based travel operator Travelopia, parent of Sunsail and The Moorings, to the U.S. private equity firm KKR & Co. for $403.7 million.

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