Skip to main content

NMMA joins industry groups on Colombia trip

The National Marine Manufacturers Association, the U.S. Superyacht Association and the Florida Yacht Brokers Association are joining for a collaborative visit to Colombia to explore potential business opportunities for their members and for the overall U.S. recreational marine industry.

Hosted by ProExport, Colombia’s public-private tourism and export organization, the visit is a chance for the United States and the South American country to work together to better understand opportunities that now exist for both as the result of a recent free trade agreement. The groups embarked on the visit Sunday.

“There has been a tremendous increase in the number of superyachts making the trip West through the Panama Canal to visit the U.S.’s West Coast and the Pacific region,” USSA chairman John Mann said in a statement. “The prime proximity of Colombia to the canal and below the hurricane zone makes it a natural stop for these traveling yachts. We look forward to the opportunity to work with them.”

“The close proximity of Colombia to Florida, combined with the free trade agreement, make it an ideal trading partner for us in Florida,” FYBA executive director Ann Vernon said in a statement.

Colombia’s rich history and privileged geographic location are reasons enough for boats and charter organizers to think of the country as a mandatory stop when heading either west or east through the southern region of the Caribbean Sea.

Colombia is the fourth-largest economy in Latin America, and it has the third-largest population, with nearly 46 million inhabitants. It is the only country in South America with two seacoasts — the Pacific and the Caribbean. Aided by major security improvements, steady economic growth and moderate inflation, Colombia has become a free market economy with major commercial and investment ties to the United States.

The NMMA is hosting the first USA Pavilion at the second edition of the Cartagena Boat Show, which is owned by easyFairs, a seasoned trade show organizer. The show will be held March 22-24, 2014, at the Cartagena Convention Center in Cartagena.

“Colombia offers a variety of water access points and promising infrastructure for a growing marine industry, and our collaborative efforts with ProExport Colombia will allow us to share our expertise and knowledge as we work together to develop the market,” NMMA president Thom Dammrich said in a statement. “Through this exploration trip we’ll be able to gain insights on how the U.S. and Colombian marine industries can work together and where there’s growth potential.”

Click here for the full release.

Related

1_RIGHWHALES

Industry Pushes Back Against Speed Restrictions

A NOAA Fisheries proposal would restrict boats 35 feet and larger to a 10-knot speed limit along the East Coast to protect right whales from vessel strikes.

4_MAGONIS

Magonis Opens Connecticut Office

The Spain-based, electric-boat builder offers an 18-footer that’s available with motors from Torqeedo and Mag Power.

01_YOUTH.FISHING

Bill Seeks to Increase Youth Fishing

The bipartisan Coastal Fishing Program Act of 2022 would ease barriers to accessing the outdoors in underserved communities.

Norm

Fall Is in Full Swing

With the autumnal equinox ushering in a new season today, the fall boat-show circuit is in high gear. Here are some recent reports and a look at what’s to come.

3_MANUFACTURER.CONFIDENCE

Manufacturer Confidence Drops

Still, U.S. builders remain largely optimistic despite ongoing constraints with the supply chain and workforce, as well as yesterday’s interest rate hike.

1_TEMO.DEFENDER

Defender Adds TEMO Electric Boat Motor

Defender Industries is the official U.S. dealer for the French company’s lightweight, portable electric motors.

2_TWIN.DISC.BELGIUM

Twin Disc Sells Belgium Facility

The transmission manufacturer is still using the facility in a leaseback transaction as it looks to reduce costs.