Trent-Severn Waterway announces partial closure due to high water levels and flows
Due to high water levels and flows, Parks Canada will begin a partial closure of navigation starting on Friday, June 17, 2022, until further notice.
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NMMA reports that passage of the Bipartisan Innovation Act will secure numerous victories for marine manufacturers
The NMMA reported that before Congress adjourns for its summer recess, there are several large pieces of legislation lawmakers are looking to pass, including the Bipartisan Innovation Act, which is a key policy priority for the recreational boating industry.
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Lippert’s Florida team wins top manufacturing award
Lippert Components, Inc.(Lippert™), a leading, global manufacturer and supplier of highly engineered products and customized solutions dedicated to shaping, growing, and bettering the RV, marine, automotive, commercial vehicle, and building products industries, and their adjacent markets…
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HanseYachts AG obtains put option for selling shareholding in French subsidiary
In the course of portfolio optimization, HanseYachts AG through its subsidiary Privilège Marine Holding GmbH has reached an agreement, June 16th, 2022, on a right of sale (put option) regarding its shareholding in Privilège Marine.
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ePropulsion appoints Global OEM Sales Director and acquires majority shares in UK distributor
ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, has announced the acquisition of shares in ePropulsion UK to become the majority shareholder.
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Bayshore Yacht Sales announces significant growth this spring!
Based out of Midland, ON, Bayshore Yacht Sales expands its reach across Georgian Bay and Lake Simcoe, offering 7 boat lines and hiring industry-leading yacht broker Ryan Wheeler to support the team’s growth!
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The new normal?
This is a particularly important edition of Boating Industry Canada News Week Digest for several reasons.
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Upcoming Flare Collections Dates and Locations
Disposing of expired flares has been an ongoing dilemma for boaters across the country. To help boaters dispose of expired flares in a safe and environmentally responsible manner CPS-ECP and selected CIL Dealers are hosting Safety Equipment Education and Flare Disposal Days.
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NMMA Reports that new powerboat sales are normalizing – continue to outpace pre-pandemic levels
The NMMA reports new powerboat sales through Q1 2022 are showing signs of normalizing following two years of historic growth.
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Freedom Boat Club expansion further accelerates growth of Brunswick’s recurring revenue businesses
Brunswick Corporation announced that (NYSE: BC) Freedom Boat Club is expected to surpass 50,000 memberships across its 360 global locations, made up of both corporate locations and a continually growing network of franchise partners.
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BRP makes Executive Appointments supporting its future growth
BRP Inc. (TSX:DOO; NASDAQ:DOOO) announced on May 31, executive appointments to support future growth plans, build an even more resilient company and deliver lasting value. This evolution of the leadership structure will allow BRP to continue focusing on its long-term goals and achieve its ambitious targets.
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Boaters Beware: Do not fill your tank with E15 gasoline
The Michigan Boating Industries Association has recently warned that E15 fuel, which contains 15 percent ethanol, will be sold in the summer months this year as a way to lower fuel prices in markets across the United States.
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VoltSafe meets increasing demand for its patented tech by launching strategic community financing round
VoltSafe is excited to announce it has launched an equity crowdfunding campaign with FrontFundr, Canada’s leading online private markets online investing platform, to raise capital to accelerate the company’s drive towards its licensing and commercialization goals.
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Trent-Severn Waterway 2022 navigation season
Parks Canada is ready to welcome visitors to the Trent-Severn Waterway, which opened for navigation on Friday, May 20, 2022 at 9 a.m.
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NMMA to host Future of Marine Propulsion Technologies Webinar, open to the industry
The NMMA will host on Tuesday, June 21 at 12 p.m. EDT, a virtual panel event, The Future of Marine Propulsion Technologies, featuring four industry experts who will discuss the political and economic impacts of electrification implementation into the recreational marine industry…
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Change in the Executive Board of HanseYachts AG
Sven Göbel, since 2012 a member of the Executive Board of HanseYachts AG, the second-largest series shipyard worldwide, will leave the company on 10 July 2022 after ten years to take on new challenges.
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Boating Ontario Association awarded grant from Transport Canada – Boating Safety Contribution Program
Boating Ontario is proud to announce that, after applying last year, the association has been awarded the Boating Safety Contribution Program grant by Transport Canada.
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Rich are getting “richer”
Whoever said that the rich would get “richer” seems to have been right, especially lately. But is that a bad thing?
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The 2022 boating season kicks off: 3 things boaters get wrong with spring commissioning
Find out the one thing that 60% of boat owners admit they forgot. You made it through your long to-do list of spring commissioning items and you’re ready to go in the water this spring. Boat Owners Association of The United States (BoatUS) says don’t forget these three often-overlooked steps that could bring your season to a screeching halt.
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NMMA celebrates successful in-person return of the American Boating Congress
From May 11 to the 13th, the National Marine Manufacturers Association (NMMA) wrapped up a successful three-day advocacy event, the American Boating Congress (ABC) and welcomed over 200 industry stakeholders to Washington, D.C. to drive the industry’s policy priorities forward.
