After the banking collapse in 2008, the number of boat dealerships shrank dramatically. Within months, roughly 35 percent had left the business, as floorplan loans dwindled and in some cases vanished. The bottom also dropped out quickly on boat sales, which fell to roughly half of prerecession levels before bottoming out in 2010.
Boatbuilders make news when they mark production milestones, roll out fresh lines of boats and relocate to new facilities. And boatbuilding isn't limited to companies. Enterprising Individuals sometimes build a boat for themselves.
The American Boat Builders & Repairers Association is partnering with the Maine Marine Trades Association to offer its three-day Marine Service Manager course from March 4-6 at The Landing School in Arundel.
The Society of Naval Architects and Marine Engineers will host a workshop on marine energy efficiency for ships, tugs, ferries and offshore supply vessels March 11-12 at the Maritime Institute of Technology and Graduate Studies in Linthicum Heights, Md.
Jonathan Jones, who recently retired as general manager and executive vice president of Haven Harbour Marina in Rockhall, Md., received the Dennis Snow President’s Award at the American Boat Builders & Repairers Association’s Boatyard Business Conference awards dinner in Fort Lauderdale Beach.
Maine-based Front Street Shipyard is beginning construction on high-performance catamarans for Trefoil Marine.
Taylor Made Systems said the American Boatbuilders Association designated the company as its preferred supplier of choice for glazing and canvas systems.
TCF Inventory Finance announced that it extended its financing agreement with the American Boatbuilders Association.
Sail magazine announced its Best Boat Awards for 2014.
Pontoon sales climbed once again this summer, posting a 23 percent year-over-year gain in August alone. The category has been one of only a few that have consistently rebounded since the economic downturn.
The 2014 American Boat Builders & Repairers Association Conference will take place Jan. 22-24 at the B Ocean Hotel on Fort Lauderdale Beach.