Nov 12, 2024 In the past week the United State’s election has been settled and the next four years look like they will take America, and probably all of North America, in new directions. What impact this will have on our industry in Canada seems difficult to predict at this point, but we have some…
Nov 12, 2024 Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates. Trump has vowed blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China. Data…
Nov 12, 2024 Surveys and feedback tell us that the boating community still place a very high value on seminars at the Vancouver Boat Show. They want more education, knowledge, and to be inspired and motivated to be a better-informed boater. But wait there is more this year! Something NEW and exciting that you may want to be…
Nov 12, 2024 The Pacific Coast Congress of Harbormasters and Port Managers (PCC) and the Association of Pacific Ports (APP) signed a reciprocal membership agreement on October 29 during PCC’s fall conference in Victoria, British Columbia. The two organizations share common regional coverage and overlap of member ports and marinas, and recognized both would benefit from…
Nov 12, 2024 We learned from the NMMA Currents newsletter, that Reuters reports that a labor dispute at British Columbia ports continued last Tuesday, affecting exports. The International Longshore and Warehouse Union Local 514 began strikes Monday, with employers locking out workers. Alberta’s government expressed disappointment over the disruption.
Nov 12, 2024 The 2024 Fort Lauderdale International Boat Show (FLIBS) celebrated 65 years, drawing over 100,000 attendees from around the globe to experience the largest in-water boat show in the world. Produced by Informa Markets and owned by the Marine Industries Association of South Florida (MIASF), the event has historically featured more than 1,300 boats…
Nov 5, 2024 My feeling is that the activity level in the marine industry has been running at a frantic pace for a few months now and there have been many significant stories both internationally and especially for our Canadian audience. So, in this edition of Boating Industry Canada, we have selected a group of…
Nov 5, 2024 On Friday, October 11th, 2024, Brad Thomson, General Manager of MacDonald Turkey Point Marina presented a cheque for $22,600 to Jennifer Baxter of the London Children’s Health Foundation. Also on hand for the cheque presentation alongside Brad, was Haldimand-Norfolk MPP, Bobbi Anne Brady, Dan Demeester, Julie Thomson, Norfolk County Mayor, Amy Martin, and Norfolk County Councillor, Chris VanPaassen. Our 2024…
Nov 5, 2024 Freedom Boat Club, the world’s first and largest boat club operator, has been recognized as one of the Top Global Franchises for 2024 by Entrepreneur Magazine. This ranking recognizes the leading brands expanding their footprint in international markets through franchising. Among the 200 companies highlighted, Freedom Boat Club placed in the top 50 percent, reflecting…
Oct 29, 2024 On October 24, Brunswick Corporation reported its Q3 financial results for 2024. The companys consolidated net sales for the third quarter reached $1.27 billion, reflecting a 20.1% decrease compared to the same period in 2023. More concerningly, the company’s adjusted operating earnings stood at $125.9 million down 45.3%. Adjusted operating margins for…
Oct 29, 2024 You may not think you need to assign someone to be your archivist, but I suggest it’s a good idea. Life is full of unexpected surprises and as an editor, you would be surprised at how many highly placed people have never invested in getting themselves a professional portrait. What if you…
Oct 29, 2024 During its Board meetings at the 2024 International BoatBuilders’ Exhibition and Conference (IBEX) earlier this month, NMMA held biennial elections for its three manufacturing Divisional Boards: the Boat Manufacturers Division (BMD), Engine Manufacturers Division (EMD) and Marine Accessory and Components Division (MACD). These elections form each Divisional Board, as well as appoint individuals to…
Oct 29, 2024 On October 22, 2024, Garmin Ltd. Announced that it has acquired Lumishore, a privately-held company that designs and manufactures high-performance above and underwater LED lighting systems for boats. “Lumishore brings an exciting new product category that complements Garmin’s existing marine portfolio and furthers our ability to provide seamless vessel integration. As a…
Oct 29, 2024 On October 23, 2024, Aquila Power Catamarans announced the appointment of Alain Raas as its Global Brand Director to build on Aquila’s position as a leader in the power catamaran industry. Alain is a lifelong boater in both the power and sail categories. In addition to competing in various parts of the world, he…
Oct 22, 2024 I’m sure you are finding that it’s a busy fall in the boat business this year. I am certainly busy, but it’s a ‘good’ busy. I started off attending the NMEA Conference and Expo for my first time on September 16. I discovered that it’s a great event for anyone in the…
Oct 22, 2024 Volvo Penta’s new Joystick Surfing solution for wake boating redefines the capabilities of revolutionary Joystick Driving technology, with enhanced functionality designed to create the ideal surfing experience. This user-friendly innovation now integrates with the Watersports Control display in wake boats equipped with Volvo Penta’s Twin Forward Drive. Volvo Penta is redefining the capabilities of joystick technology with the introduction of…
Oct 22, 2024 At the 2024 Fort Lauderdale International Boat Show, NAVAN™, a brand under Brunswick Corporation (NYSE: BC), will officially enter the North American market. The NAVAN C30 and S30 models will be showcased in Ft. Lauderdale, highlighting their blend of advanced technology with superior performance, versatility, and comfort. These models have previously launched in Europe…
Oct 22, 2024 A few months after the announcement of the acquisition of REVERE Survival in Jacksonville, we are pleased to announce another significant expansion: the establishment of LALIZAS Canada. This new branch will enhance the company’s presence in the Americas. LALIZAS is a family owned company, whose vision is to produce high quality products that ensure safety at sea,…
Oct 22, 2024 In the third quarter of 2024 – the first quarter of the new short financial year – the HanseYachts Group improved its results again after a good financial year 2023/2024. Despite a 12 per cent year-on-year decline in preliminary quarterly revenue to EUR 42.4 million, preliminary earnings before interest, taxes, depreciation and amortisation (EBITDA)…
Oct 22, 2024 On October 17th, BRP Inc. announced that it is initiating a process for the sale of its Marine businesses namely Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin), and Marine parts, accessories and apparel. This process excludes all activities related to its Sea-Doo personal watercraft, Sea-Doo Switch pontoons and jet propulsion systems. In…