Quick Hits: December 11, 2020


Regulator Marine have tapped Krystal Anderson as its vice president of human resources. Anderson joins the Tar Heel State boat builder with over three decades of experience leading HR teams at major corporations in both Europe and the U.S. “As Regulator looks to future expansion in the U.S. and abroad, we expect our factory team to experience continued growth,” said Regulator Marine co-founder and president Joan Maxwell in a statement. “As we grow, preserving the heart and dedication to quality in everything we do is critical. That starts with our people, and that’s why we are thrilled to welcome Krystal aboard.” “Regulator has an amazing team, and this shows in our product, our culture, and all that we do,” added Anderson. “I am honored to be a part of a company that lives its values every day and excited for what the future holds.”

The U.S. House of Representatives have passed the Driftnet Modernization and Bycatch Reduction Act that aims to bring commercial swordfish fishing off California in line with other U.S. and international swordfish fisheries. The bill would ban the use of mile-long large-mesh drift gillnets and help to significantly reduce bycatch; it now heads to the president’s desk for his signature. “The recreational fishing and boating community has long advocated for transitioning away from large-mesh drift gillnets which needlessly kill non-target species including sportfish,” said the Center for Sportfishing Policy president Jeff Angers in a statement. “Today marks a significant victory for marine conservation, and we are grateful for the bipartisan effort to get the Driftnet Modernization and Bycatch Reduction Act across the finish line.”

Vantage Recreational Finance Inc has teamed with Boaters Insurance Agency — the insurer was founded over three decades ago and operates in all 50 states — to target marine clients with custom packages that include both financing and insurance needs. “After a substantial amount of research, we believe Boaters Insurance, their products and overall concept towards delivering excellence fits very well with our strategic plan and overall company culture,” said Vantage Recreational Finance Inc president Mike Harbaugh in a statement. BIA’s Chief Operating Officer Morgan Swiggett commented: “Superior product offerings, customer service and client advocacy are common goals between BIA and Vantage which make this partnership a natural fit in so many ways.”

The Massachusetts Marine Trades Association is hosting a Business of Boating webinar series in 2021, in lieu of its in-person annual event. The webinar series — which kicks off Jan. 14 at 1 p.m. with a Covid-19 employee legal update — will allow the MMTA to provide members with educational opportunities while remaining safe, the organization said in a statement. Subsequent webinars will focus on regulatory and government relations, workforce solutions, training funding, and sales and marketing. 


How to Go Strong For 75 Years!

The 4th generation, family-run Strong’s Marine has put client service at the top of its agenda for over 75 years.

NMLA Releases Annual Statistical Report

The National Marine Lenders Association’s annual report shows that marine loans increased significantly in the past two years, primarily among boat owners aged 45-54.

IBEX Education Conference Schedule Announced

The International BoatBuilders’ Exhibition & Conference will host 2021 pre-conference sessions, tech talks, online workshops and more.

World Cat Acquires New Facility

The catamaran builder adds a 265,000-square-foot manufacturing plant in N.C.

Executive Appointments at Numarine

The Turkish builder names head of international sales and assigns a domestic sales manager.

Click&Boat Accelerates Global Growth

A significant investment from private equity firm Permira is supported by a partnership with Boats Group.

Workforce Solutions Amendment Approved in Mass.

The Bay State’s 2022 budget includes $150,000 in workforce-development funding to support the efforts of the Massachusetts Marine Trades Association.

Palm Beach Readies Revamped Marina

The South Florida town is nearing completion of a $40 million renovation of its public marina.