Skip to main content

Navisyo and Yacht Solutions Ink Distribution Deal


Navisyo Group said its Navisyo Homes segment secured a $50 million partnership with Yacht Solutions to distribute Navisyo’s motorized water homes in Ontario.

Toronto-based Yacht Solutions is a dealership providing sales, service and vessel management. Under the agreement, the company commits to placing orders every month and will have exclusive distribution rights for Navisyo’s new electric model launching this year, Navisyo said in a statement.

Also, through Navisyo’s Hero Thank You fund, Yacht Solutions will be able to help police, firefighters, teachers, military and medical professionals purchase water homes in Canada.

"We are joining forces with Yacht Solutions to create a powerful, positive impact in the world, and we plan on doing so at a 360-degree scale as we prepare for the upcoming launch of an autonomous eco-friendly unit that will make our partnership even more fruitful,” said Navisyo co-founder Alexander Michaels, referring to the Navisyo v.08.1 electric model.

Navisyo said the new model will be available by the end of the second quarter.

In the United States, houseboats and liveaboards are subject to a host of local and state regulations.



Volvo Penta Reports Q4, FY22 Results

Net sales of $470 million for the quarter were a 33% increase compared to the prior year period.


DEALERS: Are You Improving the Service Experience?

Our monthly Pulse Report survey asks this and other questions about your dealership. Take the survey here.


NMRA Sets Scholarship Deadline

Students pursuing education in the marine trades can apply for the National Marine Representatives Association awards until April 1.


Marine Products Reports Record Q4

The builder of Chaparral and Robalo boats reported net sales were up 42% for the quarter and 28% for fiscal year 2022.


Shurhold Appoints COO

Forrest Ferrari has years of management, business development, IT and quality-assurance experience.


RBFF, Pure Fishing Partner for a First Catch Center

Pure Fishing will equip a mobile trailer with tackle and gear to bring fishing experiences to areas of South Carolina where participation is low.


An Oft-Overlooked Sales Opportunity

A recent report from the Recreational Boating & Fishing Foundation showed that women comprise 37% of all anglers. If you haven’t tapped this segment, you’re missing out.

1. 2023 new boat retail outlook

Too Many High-Priced Boats

To wrap up 2022, marine retailers reported lower demand, expressed more negative sentiment and voiced concerns about rising inventory. Boat prices and the economy remained top of mind for dealers in December.

Soundings Nov 2022

New-Boat Registrations Continue to Slide

As the gaudy sales figures from the pandemic continue to return to more realistic numbers, the main segments of the recreational boating industry saw new-model registrations of 4,421 in November, a 30.3% drop from 6,340 during the same time in 2021. .