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Quick Hits: May 6, 2020

The National Marine Manufacturers Association announced that U.S. Secretary of Labor Eugene Scalia will deliver remarks to commence day two of the virtual American Boating Congress. ABC is scheduled for May 13-14.

Propspeed said in a statement that it partnered with MJM Yachts to be the standard foul-release coating on all of its models’ running gear. “We are confident that MJM’s discerning clientele will appreciate the increased fuel economy and ease of maintenance that the Propspeed foul-release coating will provide,” Propspeed CEO Chris Baird said in the statement.

FLIR Systems reported a 1.4 percent increase in revenue for its first quarter, to $450.9 million. The industrial technologies segment grew 1.9 percent, to $276.4 million. The gain, attributed to heightened demand for EST cameras as a result of the covid-19 pandemic, was partly offset by lower volume in maritime products, security products, and cooled cameras and components.

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NMMA: Proposed Speed Rule an ‘Existential Threat’ to Industry

The association is calling on every marine brand, employee and boat owner to file public comment by Oct. 31 over a sweeping regulation to protect North Atlantic right whales.

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Axopar and Nimbus Renew Agreement

The boatbuilders have entered an agreement whereby Nimbus Group will retain exclusive rights to sell Axopar boats on the Swedish market.

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Hurricane Ian Leaves Devastation in Florida

The storm left a wide swath of destruction, heavily impacting marine interests from Tampa Bay to Marco Island.

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Email Is Your Ticket to Holiday Sales

Developing an effective email campaign can bolster sales and help fill winter coffers at your dealership.

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NMRA Presents Annual Awards

Edson CEO Will Keene and ComMar Sales president Tim Conroy were recognized for their contributions to the marine industry.

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DEALERS: Are Interest Rates Impacting Demand?

This month’s Pulse Report survey asks dealers whether interest rate increases are causing a downturn in boat sales. Take the survey here.

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EPropulsion, Mack Boring Partner with Crest

Pontoon builder Crest will use an ePropulsion Navy 3.0 Evo electric outboard motor and an E175 battery for its 2023 Current model.

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Beneteau Reports Significant H122 Growth

The company reported that its revenue grew 8.6 percent and income increased by 30 percent during the first half of 2022.