Skip to main content

Shore Premier Finance signs deal with TUI Marine

Baltimore-based Shore Premier Finance, a direct marine lending division of Shore Bank, announced a new strategic partnership with TUI Marine.

TUI Marine, based in Clearwater Fla., is part of the international leisure travel group TUI Travel PLC. TUI Marine operates more than 1,200 yachts in 25 destinations worldwide under the Sunsail and The Moorings brands, plus 1,000 canal boats in Europe under the LeBoat brand.

"Shore Premier Finance is now a strategic partner for TUI Marine, for retail and corporate finance, on a nationwide basis," TUI Marine CEO Simon Cross said in a statement.

As strategic partners, Shore Premier Finance will provide its lending services to buyers of all TUI Marine new charter boats.

"We are excited about this opportunity to build a strong, sustainable relationship with such a prestigious name in the marine industry. This partnership will allow us to explore new opportunities," Shore Premier Finance president and CEO Herve Bonnet said.

Related

Employees Assume Ownership of Imtra Business

Creating an employee stock ownership plan (ESOP), the New Bedford, Mass.-based company has sold ownership rights to its employees.

Raymarine Cyclone Radars Win Good Design Award

The company’s next-generation, open-array radar design won the 2021 global design award in the “research and technology” category.

Brunswick Announces Winners of Sustainability Awards

The new program recognizes excellence in sustainable, responsible practices among Brunswick employees and teams.

Eager Anticipation

The industry awaits the debut of the integrated Discover Boating Miami International Boat Show

Multihull Mover

With two new 28-foot models, Aquila continues to maximize the presence of power catamarans in the broader marketplace

A New Space Jam

Boaters want bigger, more powerful multifunction displays, and designers are innovating to meet the demand

Nothing but Net

The SeaPen portable dry dock makes storage easier for the increasing number of outboard-powered boats

Upgrading a Marina Management System

Technology can help streamline marina operations, increase revenue and optimize the guest experience

High-Tech Vision

The latest advancements in low-light cameras make it safer to navigate when visibility wanes