Trade Only Today returns Tuesday
Trade Only Today will not publish Monday in observance of Presidents Day. We wish everyone a happy holiday.
Marine Products Reports Record Q4
The builder of Chaparral and Robalo boats reported net sales were up 42% for the quarter and 28% for fiscal year 2022.
Shurhold Appoints COO
Forrest Ferrari has years of management, business development, IT and quality-assurance experience.
RBFF, Pure Fishing Partner for a First Catch Center
Pure Fishing will equip a mobile trailer with tackle and gear to bring fishing experiences to areas of South Carolina where participation is low.
An Oft-Overlooked Sales Opportunity
A recent report from the Recreational Boating & Fishing Foundation showed that women comprise 37% of all anglers. If you haven’t tapped this segment, you’re missing out.
Too Many High-Priced Boats
To wrap up 2022, marine retailers reported lower demand, expressed more negative sentiment and voiced concerns about rising inventory. Boat prices and the economy remained top of mind for dealers in December.
New-Boat Registrations Continue to Slide
As the gaudy sales figures from the pandemic continue to return to more realistic numbers, the main segments of the recreational boating industry saw new-model registrations of 4,421 in November, a 30.3% drop from 6,340 during the same time in 2021. .
ICOMIA President Darren Vaux sees common pressures facing worldwide boating industry
Founded in 1966, the International Council of Marine Industry Associations is a global organization composed of national boating federations and other bodies involved in the recreational marine industry. ICOMIA works on such issues as breaking down trade barriers, improving boating safety and promoting recreational boating worldwide.
Clearing the Waterways
In Florida, in the aftermath of Hurricane Ian, it was estimated that there were 6,000 derelict boats in southwest part of the state. In most cases, boat owners don’t know resources are available to remove them because until recently there weren’t many.
A Window on the World
Inflation, supply-chain kinks and the continuing war in Ukraine continue to be serious concerns, but numerous companies with a global presence for exports are reporting optimism at the start of 2023.