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HMY Yacht Sales named Bob Saxon as vice president of HMY’s yacht management, crew placement, and yacht charter division.
The National Marine Manufacturers Association’s New Powerboat Registrations Report has been updated through April 2018.
According to Tcpalm.com, Derecktor Holdings Inc. and Buddy Haack, owner of Ft. Pierce Yacht & Ship, are now bidding to develop and operate a superyacht refit center in Ft. Pierce owned by the county.
Crest Marine told the Argus-Press it has broken ground on a new $1-million, 12,000-sq. ft. warehouse.
Brunswick Corp. has ended the sales process for its Sea Ray and Meridian brands; it will continue production of the boats but will discontinue the yacht and sport yacht models.
The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.
Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.
The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.
CWR Wholsale Distribution named Jim Higgins as the company's New Jersey outside sales representative.