On October 11, 2021, FPT Industrial announced a new strategic partnership that allows Madsen Power Systems, a leading distributor of marine engines, to represent FPT Industrial in the Atlantic Provinces of Canada including parts of Quebec.
A first of kind study measuring Canadian Ocean Enterprises has found there has been a significant rise in the formation rate of new companies since the opening of COVE and that the size of the Ocean Enterprise ecosystem in Atlantic Canada is equivalent to the largest US Ocean Enterprise clusters, such as Massachusetts and Southern California.
Hucks Marine & Resort announced on October 19, 2021, the launch of a brand-new mobile experience for their boaters: the Hucks Marine & Resort App, developed and powered by Boatyard.
According to a recent story in Bloomberg, Canada’s surprise jobs surge that was reported in early October, recoups the pandemic losses, but our full recovery is still a way off.
The Boating Ontario Awards of Excellence are a celebration of success and an opportunity to recognize those who have made or continue to make significant contributions to Ontario’s recreational boating industry.
The action watersports and commercial marine dry wear will be merged into the Mustang Survival recreation and professional dry wear range and help to enhance Mustang’s global marketplace presence, according to an article in Marine Industry News, https://marineindustrynews.co.uk.
On Friday, October 8, the Province of Ontario announced that with public health and health care indicators remaining stable or improving, the government, in consultation with the Chief Medical Officer of Health, is cautiously lifting capacity limits in select indoor and outdoor settings where proof of vaccination is required.
For the second consecutive year, Brunswick Corporation (NYSE:BC) has been named by Forbes and Statista to the 2021 list of World’s Best Employers.
The 12th edition of the Bateau à flot de Montréal took place in a unique atmosphere that characterizes the most beautiful moments spent on the magnificent bodies of water in Quebec! “Water sports enthusiasts, whether visitors or exhibitors, were enthusiastic to meet on the docks of the Port of Call of the Old Port of Montreal!
So much is happening right now that it hard to keep your perspective on today, let alone to plan effectively for tomorrow. This past week, Prime Minister Trudeau announced vaccine mandates for federal employees and other groups in Canada as well as new rules for travel.
Australia’s luxury motor yacht builder Riviera is shipping seven new yachts to Miami, Florida, in the company’s largest ever shipment to the United States. Five of the motor yachts will be among the 10 magnificent models showcased by Riviera at the Fort Lauderdale International Boat Show to be held on October 27-31.
Mercury Racing will join powerboat racers and fans at the revival of the Lake Havasu Classic Outboard Championships, Oct. 15-17, in Lake Havasu City, Arizona. The weekend of racing action will mark the final rounds of the 2021 NGK Spark Plugs Formula 1 Powerboat Series and crown two 2021 American Powerboat Association (APBA) North American champions.
MarineMax has announced that it has entered into a definitive agreement to acquire Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats. MarineMax expects the acquisition to close before December 31, 2021, and to be accretive in its first full twelve-month period.
CMP Group Ltd, a leading manufacturer and distributor of marine products, has announced that they have reached an agreement to acquire Grant Rope Inc. based in Trenton, ON, Canada.
Brunswick Corporation’s (NYSE: BC) dealer services team, Brunswick Dealer Advantage, announced today that it has partnered with Kenect to provide Brunswick dealers with exclusive pricing on Kenect’s texting solutions that include business texting from your main number, text-to-pay, live video chat, online review generation, and text web leads.
When Volvo Penta’s pioneering EVC system was first launched in 2003 it was the height of innovation – and it continues to be the foundation for Volvo Penta’s full systems approach of integrated features from helm to prop. A major upgrade to the EVC platform was introduced in 2019 with EVC 2 together with the new D4-D6 engine.
On October 4, 2021, Brunswick Corporation (NYSE: BC) announced that it has completed its acquisition of Navico, a global leader in marine electronics and sensors for $1.05 billion.
As I write this, there are 147 container ships anchored outside of the Port of Los Angeles waiting to dock and unload. It seems that the freight yard is full beyond capacity due to labour shortages throughout the global supply chain, especially for truck drivers who are needed to move the freight out and deliver it in the U.S.
Volvo Penta’s commitment to innovation was on full display at the 2021 International Boatbuilders’ Exhibition & Conference (IBEX), as evidenced by multiple awards and participation in the Soundings Trade Only Leadership Summit expert panel.
Ritchie Navigation, the world’s largest manufacturer of magnetic compasses, continues on its path of record sales. The 161-year old Pembroke, Massachusetts-based company reports 30% growth year over year, with some months setting all-time sales records. Adding a sixth work day and night shifts has helped Ritchie’s order fulfillment match demand.