Maryland marine industry struggles to recover

Author:
Updated:
Original:

Marine sales are up nationally, but dealers and vendors in Maryland have seen an 11.6 percent drop in expenditures on powerboats and accessories.

The doldrums that becalmed the national powerboat and sailboat industry four years ago did not spare Annapolis — or the two boat shows that have tied up in the harbor every October since the 1970s.

"The challenges have been severe," Paul Jacobs, general manager of the United States Sailboat Show (set to run Oct. 4-8) and the United States Powerboat Show (Oct. 11-14), told the Baltimore Sun.

But Jacobs was optimistic about the coming years.

"We've been just talking the talk for the last few years, but we're ready to walk the walk. The industry is coming back,” he said. “People are responding."

Click here for the full report.

Related

Windy Boats to Make U.S. Debut with Nautical Ventures

The Florida firm said the Scandinavian brand will complement its other European boat lines.

Beneteau America Names New President

Don Smith joined the French builder in 2018 as outboard sales manager.

Supply and Demand

Facing unprecedented demand, Brunswick plans to reopen its Palm Coast, Fla., plant and expand operations in Mexico and Portugal.

EPropulsion Announces 2021 Lineup

Its electric propulsion offerings now feature hydrogeneration capabilities, 48-volt architecture and more.

Yamaha Updates Midrange Outboards

The F250 and F300 now share features from Yamaha’s 425XTO engine, such as Digital Electric Steering and Thrust Enhancing Reverse Exhaust.

Quick Hits: January 25, 2021

Inmarsat marks significant installation milestone on its Fleet Xpress system and the NMEA announce virtual marine electronics installer training classes for next month.