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.

ITC issues ruling in Navico-Garmin patent dispute

A patent infringement dispute that Navico Holdings initiated against Garmin’s DownVü scanning sonar products continues to unfold, with the International Trade Commission issuing a limited exclusion order last week modifying the 2015 ruling blocking the sale of the Garmin sonar devices.

Analyst: Ski and wakeboat sales outpace market

Wells Fargo said today that boat sales in the ski and wake segment are outperforming the broader powerboat industry, according to Statistical Surveys data, a trend the bank’s analysts attribute to the pace of builder innovation and share gains from other segments, such as sterndrives.

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