Skip to main content

Denison Yacht Sales will sell Italian builder’s line

Italian builder Otam announced that Florida-based Denison Yacht Sales will represent the yacht line in the United States.

“We are honored to represent the Otam brand here in the U.S. and we are sure that we will have a successful future together,” Denison CEO Bob Denison said in a statement at the recent Miami International Boat Show. “With their range of superbly crafted Italian sportboats, Otam rounds out our portfolio of outstanding European products — with a strong appeal in the American yachting market.”

“North America has the highest concentration of ultra-high-net-worth individuals in the world, about 70,000, not to mention the world’s biggest boating market,” Otam sales and marketing director Antonio Caviglia said in a statement. “It is natural then, given both the recent economic upturn and market expansion involving Central and South America, that Otam must be well represented here.

“Our products will certainly be appreciated by those owners looking for high-performance sportboats, with the additional value of Otam’s reputation for reliability and comfort, allowing longer passages at sea — commuting between the Bahamas and Miami, for example. The whole package is custom-wrapped in the Otam style of unfailingly elegant and sporty lines — the Otam Yacht Couture.”

Related

St. Petersburg Show Opens Thursday

The 44th edition combines with the Tampa Boat Show to create what organizers say is the largest show on the Florida Gulf Coast.

Pay To Play

When Covid restrictions were widespread, some MTAs found a new revenue stream by charging admission to previously free shows, and visitors had no problem ponying up.

Yamaha Expands F25 Line

The company added short-shaft power trim and tilt models, and two models with improved tiller handles.

MRAA Donates to Educational Foundation

The group reinvested $100,000 in donations it received to help the foundation’s effort to address workforce shortages.

TPG Adds to Marine Portfolio

The hospitality and marina management firm acquired Conanicut Marina and Taylor Point Boat Yard in Jamestown, R.I.

Trade Only Today Returns Jan. 18

The daily e-newsletter will not publish Monday, Jan. 17, in observation of Martin Luther King Jr. Day. We wish everyone a happy and safe holiday weekend.

ECONOMY REPORT: Omnipresent Omicron

The year closed with an uptick in consumer confidence, but the latest coronavirus variant threatens to derail progress