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Message From The Editor
Fair warning…
A recent article in Bloomberg News resonated with me because this spring, the most common questions or comments I am getting from our Canadian Yachting Media consumer readers, regards insurance and the rising cost of coverage.
Things have been pretty hairy lately with the California wildfires, weather disasters in Australia and big hurricane losses for boat owners in the southern US, Eastern Seaboard and the Caribbean in recent years. The story in Bloomberg pointed out that climate change is making hurricanes bigger and stronger, and the main point to the story was that it may soon push them farther north. Canada’s homeowners, boat owners, businesses and insurers underestimate that escalating risk, according to one of the world’s leading reinsurance firms.
(READ MORE)
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Andy Adams, Editor
aadams@kerrwil.com
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NEW!
Quick Search Key: For a fast and easy way to search for past editions of Boating Industry Canada News Week Digest – copy “bicn” into your email Search bar.
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Feature
Latest Advocacy Work on Luxury Tax—write to the PM and Finance Minister!
Canada’s marine trades associations have continued working to oppose the Luxury Tax. Last week, NMMA Canada president Sara Anghel met with over a dozen Conservative Members of Parliament in an hour-long consultation co-hosted by Stephanie Kusie (Transport Critic) and the Hon. Ed Fast (Finance Critic).
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Changing Scene
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Repairs to the Peterborough Lift Lock - modified lockages for the spring boating season
Parks Canada advises that the Peterborough Lift Lock will begin the 2021 Navigation Season operating on a modified basis to allow for needed repairs. The Peterborough Lift Lock National Historic Site of Canada was built in 1904 and has been in continuous operation for 117 years, providing visitors with safe and enjoyable experiences.
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Teledyne Completes Acquisition of FLIR
On May 14, 2021, Teledyne Technologies Incorporated (NYSE:TDY) announced the successful completion of the acquisition of FLIR Systems, Inc. (NASDAQ:FLIR). At each of the respective company's special meeting of stockholders held on May 13, 2021, the stockholders approved and adopted merger proposals related to the Agreement and Plan of Merger dated January 4, 2021.
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Changing Scene
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Five Things Your Boaters Can Do to Take the ‘Search’ out of Search and Rescue
“Do I know how to be found in an emergency?” That’s a question every boater should ask at the beginning of the boating season. The answer, however, is likely to go far beyond simply having a cellphone aboard. The BoatUS Foundation for Boating Safety and Clean Water offers to share these five tips that can potentially speed a rescuer’s response to a boater in need of emergency help.
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White River Marine Group Acquires Legendary Hatteras Brand
On May 20, Carolina Governor Roy Cooper announced that White River Marine Group will acquire North the Hatteras yachts brand and would open a manufacturing facility in Craven County, with a target of creating 500 jobs. The company will make a significant investment in New Bern, creating its first coastal manufacturing site and adding Hatteras to its portfolio of well-known brands.
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Events
IBEX Offers Powerful Online Resource to Enhance Live Event
The International BoatBuilders’ Exhibition and Conference (IBEX) has announced a value-added service to bring together exhibitors and visitors online throughout the year with IBEX 365. The new digital platform gives the highly qualified IBEX audience of marine professionals a resource for product development and innovation through the website, email newsletters, and social media platforms.
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Events
The Portuguese Association of Ports and Marinas to Host ICOMIA World Marinas Conference in 2023
The Portuguese Association of Ports and Marinas (APPR) will host the prestigious ICOMIA (International Council of Marine Industry Associations) World Marinas Conference 2023 in Autumn, bringing this international event to Portugal for the very first time. The bidding took place during an ICOMIA Marinas Group meeting in November 2020 with a good setup from other applying candidates from Europe and the US.
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Events
boot 2022 Exhibitor Registration now open online
Exhibitor registration for boot 2022, the largest boat and water sports trade fair in the world , is now open. The event will be held from January 22 – 30, 2022 at the fairgrounds in Düsseldorf, Germany. boot 2020 exhibitors can easily register for boot 2022 with their existing log-in and make necessary changes on the registration form.
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Education
ABYC Sur/Tech Conference On-Demand
ABYC's Sur/Tech 2021 was a hit among surveyors, technicians and other boating industry professionals. Couldn't attend the conference? On-demand session recordings are now available! This is a great opportunity to earn 10 Continuing Education Units (CEUs).
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Product Focus
Lithium Powered Portable Power Station - carry power anywhere you need it
A knockout combo! The Grengine UltraLite and an ultra-portable folding 80-Watt solar panel. Combine the versatility of the UltraLite with a solar panel that weighs 1.8 kg and folds up to 35 x 19 x 9.5 cm. Go anywhere and power just about anything without the need for any technical assistance. Work or play, indefinitely.
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People
Ritchie mourns loss of owner Paul Sherman and his wife Joan
Paul Frederick Sherman, owner of Ritchie Navigation, passed away peacefully on March 20 at the age of 81, followed by his wife of 55 years, Joan, on April 4. Sherman led the Pembroke, Massachusetts-based company from 1966 through 2020. His son and current company president, Jon Sherman, shared the sad announcement.
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Calendar
Many Events have been canceled or postponed due to COVID-19.
Check the Event website for latest information.
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Daily Updates
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