Quick Hits: October 15, 2020

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The first edition of the Hong Kong Yacht Show, which had been slated for Nov. 19-22, has been postponed. “There is unfortunately still a lot of uncertainty about exactly what we would be able to deliver next month. So, with the agreement of the vast majority of our exhibitors…we have decided to postpone the show to October 2021,” said show co-organizer CEO Andy Treadwell of Verventia in a statement. “By that time, we are all confident that these dramatically unpredictable and economically difficult times will be behind us, and we will be able to deliver a truly professional, attractive, entertaining and highly populated boat show, worthy of its name, and a proper representation of our important industry.”

The Florida Fish and Wildlife Conservation Commission is partnering with Wildlife Forever to host the Florida State Fish Art Contest for students in grades kindergarten through 12. Winners will be selected by the FWC in four grade categories: kindergarten through third grade, fourth through sixth grade, seventh through ninth grade and 10th through 12th grade. The deadline for entry is March 31. “We are committed to increasing youth participation in freshwater and saltwater fishing through this effort,” said Florida FWC director Eric Sutton in a statement. Find more details on how to enter here.

Blue Water Marine Paint is now available at West Marine. Founded in 1959, the company was acquired by New Nautical Coatings last year. “Blue Water boat paints available through West Marine gives American boaters immediate access to antifouling paint, primers and topside coatings that don’t cost a fortune to use,” said Blue Water CEO Erik Norrie in a statement. “Ordering Blue Water paints online makes it easy for DIYers and boatyards alike to get high-value protective coatings delivered just-in-time.”

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Garmin Q3 Revenues Up 19%

Growth was driven by in part by a 24 percent increase in marine sales.

Groupe Beneteau Expects Revenue Declines

The group reduced investments by 30 percent in response to the Covid-19 pandemic.

A Banner Year for MarineMax

The yacht retailer saw its highest revenue and earnings in the company’s history.

New Boat Registrations Up 5.8% Year to Date

Main powerboat categories were up more than 34% year over year.

Azimut Benetti Group Sees Robust Sales in Asia-Pacific Market

The Italian conglomerate is reporting total sales of over 150 million euros in the region.