Brokerage sales see big boost in May


Led by sales of large high-value boats, the U.S. brokerage market turned sharply upward in May, with an extraordinary $552 million in total value of boats sold, according to reports by member brokers of

The dollar value was up 94 percent, or $267 million, from sales in April and up 67 percent, or $221 million, from sales in May of last year.

The total number of brokerage boats sold in May was 3 percent lower than in May 2010, with 3,253 boats changing hands, compared with 3,359 a year earlier. In most size ranges, sales were slightly lower or even with the previous year, but among the largest boats — over 55 feet in length — sales increased 39 percent, from 82 to 114, and the boats that were sold brought much higher prices. The total value of those 114 boats was $317 million, compared with $93 million for the 82 boats a year earlier.

Through May, U.S. brokerage sales remain 4 percent lower than through the first five months of 2010, with 11,913 boats sold. With the recent month’s increase in total sales value, year-to-date sales are now valued at $1.45 billion, an increase of $106 million from the same period in 2010.

A more detailed report summarizing recent U.S. brokerage sales will appear in the coming issue of Soundings Trade Only.

— John Burnham

Dominion Marine Media editorial director


ABYC Foundation Seeks Nominations for Educator Award

The award recognizes “an outstanding instructor who is shaping future marine service technicians.”

P.R. Firm Rushton Gregory Signs ePropulsion

The Chinese manufacturer of electric propulsion products introduced a standardized lineup earlier this year.

Dometic Updates Pro-Trim System

The new design allows boaters to trim the outboard and adjust the jack plate without removing their hands from the wheel.

Brunswick Partners with Carnegie Robotics

Through the alliance, Brunswick aims to enhance its autonomous technology offerings.

Nicole Vasilaros to Depart NMMA

The group credits the senior vice president of government and legal affairs for “countless contributions to the protection and expansion of the recreational boating industry.”

Site Unseen

A website is often the first interaction a customer will have with a dealership, but it must provide more than an online brochure or they will click elsewhere.

C.G. Amends Documentation Rules

Federally documenting a boat now must be done every five years, rather than annually.

The 2021 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.