NMMA: Economic indicators strong for boat sales
Data points through May show growth across different segments.
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.
Osage River opened to recreational boating
Boaters are still advised to avoid creating wakes in high-water areas.
Operation Dry Water to take center stage on July 4 weekend
National campaign targets operators who drive boats under the influence.
Vermont man suing BoatUS over sunken boat
The boat sank with Nathan Carman’s mother on board.
Low water forces Oregon marina closure
Boaters who use Baker Bay Marina must remove boats by July 17.
From toilet makers to fishermen
An analysis by The Washington Post says the diversity of companies testifying against tariffs should grab the president’s attention.
May registrations dip 2.1 percent year-to-date
Analyst: June and July are now “even more critical retail months.”
NMMA says tariffs could compromise boating safety
A 25 percent duty on PFDs could cause families to consider “cheaper options.”
NMEA announces lineup for 2019 conference
A variety of educational and training seminars will be offered.
Group wants fishing equipment excluded from next round of tariffs
The American Sportfishing Association told the U.S. Trade Commission that a reduction in sales would harm conservation.
Nautical Boat Club opens Lanier Islands location
It’s the first franchise in Georgia for the company.
IBEX announces details of industry breakfast
The event will feature a keynote about global business conditions, as well as the Innovation Award ceremony and other presentations.
Midwest flooding hits boating hard
Many waterways have no-wake restrictions or are closed to boat traffic.
American Sportfishing Association elects board members
Two at-large seats and two regional seats were filled.
Distributor bankruptcy impacts marine businesses
The Chapter 11 filing last week by Ellett Brothers has hurt many boating businesses.
Father-son team rescues boaters together
Fifteen years after Cameron Marcum drew a Sea Tow picture for his dad, Craig, Cameron’s dreams came to fruition.
Alliance Marine Group joins United Yacht Sales
Brokerage firm will remain its own entity.
Industry mourns Garmin founder Gary Burrell
In a career spanning half a century, Burrell mentored thousands of employees.
First-quarter boat registrations down 7.1 percent versus Q1 2018; up 3.2 percent on a rolling 12-month basis
Marine, powersports and RV industries all saw similar declines.
NMMA’s Jennifer Thompson named president of IFSBO
Announcement was made during annual conference in Croatia.
The 2019 Top 10 Most Innovative Marine Companies Awards
The marine industry consistently honors products and people. The industry, however, has not recognized forward-thinking companies that are moving the industry in new directions. Soundings Trade Only’s mission is to reflect, inform and inspire.
Lippert submits offer to purchase Lewmar
LCI has received pledges from more than 80 percent of existing shareholders.
Part of Osage River reopens for boating
Officials still warn of boats creating large wakes and the presence of debris.
