Quick Hits: April 20, 2020

Author:
Trade Only Today Editors
Publish date:
Apr 20, 2020

Changing restrictions throughout the United States and strict social distancing guidelines have liveaboards in the Caribbean holed up in their boats and charter fleets devoid of clients, according to an article in The New York Times. With hurricane season approaching and cruisers compelled to leave by their insurers, many boaters don’t know where to go.

The International Council of Marine Industry Associations, with its myriad connections worldwide, has provided Trade Only Today with an update on how the covid-19 pandemic is affecting marine businesses globally.

MARINE-CONCEPTS

Industry veteran Terry McNew had a long tenure at MasterCraft, where he led the company through its initial public offering.

CED-MARINE

Mark Sullivan previously spent more than 15 years at Navico and will cover the Southeast.

BWI-CONTEST

Boating Writers International’s annual competition recognizes achievements in marine journalism, photography and videography.

DEALER-WEEK

The annual conference includes more than 20 educational sessions to help dealers adapt to the changing marketplace.

CRUISERS

K.C. Stock, who was 84, was known for his “commitment to the employees at Cruisers Yachts.”

GRANDBANKS

The parcel, which is opposite the company’s Stuart yard, has berths for up to nine boats and will increase service capabilities.

LIMESTONE-Q3

Unit production was down compared with the second quarter, and revenues decreased 33%.

SIREN-YAMAHA

Siren Marine’s “Connected Boat” technology can be purchased and installed at more than 2,100 Yamaha outboard dealers.

Northpoint

Northpoint Commercial Finance has partnered with Elite Recreational Finance to offer retail financing.

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