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.
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.
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!
This is a particularly important edition of Boating Industry Canada News Week Digest for several reasons.
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.
The NMMA reports new powerboat sales through Q1 2022 are showing signs of normalizing following two years of historic growth.
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.
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.
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.
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.
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.
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…
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.
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.
Whoever said that the rich would get “richer” seems to have been right, especially lately. But is that a bad thing?
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.
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.
IBEX will be hosting the Innovation Awards program during this year’s event, taking place September 27-29 in Tampa, FL. New product entries are now being accepted through August 16, 2022.
Bray Yacht Design And Research Ltd., in British Columbia has shared research on the advanced use of Hull Bulbs to reduce resistance and increase efficiency. By adding a hull bulb to a large yacht, they learned that the un-appendaged version has 23% – 26% more resistance over a range of 12 – 20 knots.
As of May 2, many of the Canada Border Services Small Vessel Reporting Stations were not scheduled to be open to serve cross-border boaters during our short and critically important summer.