Pair of Florida marinas struggle

Author:
Updated:
Original:

Two Florida marinas are the latest to fall victim to tough economic times.

The Flagship Marina in Sebastian, Fla., has foreclosed in what is one of the largest commercial foreclosure amounts in the city this year, according to a local report by TCPalm.

The owner, Damien Gilliams, also owns the Paradise Marina and the No Name Sports Bar, both located in Indian River County. As of last Friday, Gilliams was trying to sell both Flagship and Paradise marinas.

Click here for the full story.

The Hideaway Marina Limited Partnership at Pompano Beach, Fla., filed for Chapter 11 last Friday, according to a report on MSN.com.

The marina is still in operation and the bankruptcy petition states the business has been in the hands of a receiver since June.

Click here for the full story.

Related

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.