The boat rental platform SamBoat Is coming to the United States
SamBoat, the “airbnb for boats”, sees things in a big way and wants to establish itself permanently in Uncle Sam’s country by becoming the worldwide reference for online boat rentals.
-
-
Sharrow Marine and Yamaha Marine Precision Propellers announce global distribution and manufacturing supply agreement
On June 21, 2022, Sharrow Marine announced a new supply agreement between Sharrow Marine and Yamaha Marine Precision Propellers (YPPI).
-
Iridium Partner ZOLEO introduces Progressive SOS Feature and expands distribution to Europe
Iridium Communications Inc. is proud to share that the award-winning ZOLEO® global satellite communicator, a joint venture between Iridium partners Beam Communication Pty. Ltd. and Roadpost Inc., has expanded distribution into Europe and added a first-of-its-kind progressive SOS feature.
-
CSL makes history by carrying the Canada Games Torch on board CSL St-Laurent
In an historic first for Canada Steamship Lines (“CSL”), the Canada Games and Great Lakes shipping, the Canada Games Torch embarked on board the biodiesel-fuelled bulk carrier, CSL St-Laurent during a June 14th ceremony at St-Lambert Lock near Montreal.
-
Canadian Foiling Academy launched in Nova Scotia
Last month the Canadian Foiling Academy was launched at the Royal Nova Scotia Yacht Squadron.
-
Brunswick’s ‘All Blue Planet’ initiative champions the restorative power of water
Brunswick Corporation (NYSE: BC) has launched All Blue Planet, a global initiative focused on inspiring our communities to pursue the restorative power of water through educational programming, events and collaborations.
-
Make hay while the sun shines
Things have certainly been difficult for Canada’s boating industry lately with unprecedented demand, but severe product shortages and now the apparent certainty of the new luxury tax and the fresh headwinds of record high inflation is being countered by the government quickly raising interest rates.
-
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.
-
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.
-
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…
-
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.
-
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.
-
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!
-
The new normal?
This is a particularly important edition of Boating Industry Canada News Week Digest for several reasons.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
