Sept 22, 2020
We thought the Boating Industry Canada News Week Digest readers would be interested in this research by the NMMA in the United States.
NMMA’s Q2 2020 Marine CEO Sentiment Report, a quarterly survey to assess the state and needs of U.S. recreational boat, engine and marine accessory manufacturing businesses, is now available. The Q2 survey was fielded in July, and data shows marine CEO sentiment has improved considerably since the onset of the pandemic.
“Marine CEO sentiment was much more optimistic in Q2, returning to levels pre-pandemic, bolstered by record new boat sales this summer,” said Vicky Yu, director of business intelligence for NMMA. “Production has been steadily ratcheting back up since the lockdown restrictions were lifted, and manufacturers are actively hiring or bringing back furloughed employees, working through order backlogs as operations return to normal.”
Key findings from the Q2 2020 Marine CEO Sentiment Report include:
• 49% of CEOs reported current business conditions were stable, another 39% reported business was expanding, and 11% reported business was declining, on par with sentiment levels prior to the pandemic.
• 51% of marine manufacturers reported sales were up or on par with Q2 2019, and 15% of them reporting substantial growth in sales.
• 47% of marine manufacturers reported new orders were up compared to a year ago, primarily reflecting gains in orders of new boats.
• Hiring improved as manufacturing lockdown restrictions were lifted, with 37% of manufacturers actively hiring in the last quarter, 44% sustaining their normal staffing levels, and 19% reporting job cuts.
• Access complete findings around data including Prices, Raw Material Costs, Capital Expenditures, Supply Chain, and more here.
NMMA members get free access to these reports; to become a member, visit https://www.nmma.org/membership. Contact This email address is being protected from spambots. You need JavaScript enabled to view it. with questions.
Why is swimming not allowed at marinas?
Most people assume this is to prevent swimmers from being injured or killed by boats. But there’s also another invisible hazard, electric shock. Electric shock drowning happens when electric current leaks into a surrounding body of water and the water becomes energized. If someone enters that area of water, he or she could lose muscle control and be unable to swim to safety or call for help.
Power boats with faulty electrical wiring that are connected to shore power may cause the water to become energized.
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The Canadian Safe Boating Council wants to acknowledge these heroes and showcase their commitment to safe boating. The CANADIAN SAFE BOATING AWARDS, usually called the CASBAs, honours the people, programs, and organizations that help to make boating in Canada safer and better for all of us.
Who are these heroes?
They could be a family or individual who saves a life; a boating safety advocate, a volunteer or teacher whose passion for boating engages people and influences boating safety...
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Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.
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The Canadian Power and Sail Squadron (CPS-ECP) has a new valued service for their members - and it is with Carefree Boat Club (CBC) in Canada.
CBC is now a proud Sponsor offering benefits for CPS-ECP members that join Carefree. One of the new member benefits includes incentives for CPS-ECP members to continue their boating education through CPS-ECP courses. CBC will offer a discount on their membership entry fee and reimburse members partially any successfully completed CPS-ECP courses moving forward. Courses are held either in class, virtual meetings or online. There is something to be said about the benefits of having your own personal teacher!
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Words of exasperation wafting across a marina often signal a boat owner fighting with a jammed zipper or snap that won't catch. This frustrating situation is simple to avoid by using Snap Stick from Shurhold. Made in the USA, the easy-to-apply lubricant keeps marine fittings working smoothly for up to three months and reduces stress levels around the docks.
A unique, wax-like formula, Snap Stick lubricates and protects plastic and metal snaps, zippers, hinges and other small hardware from the effects of harsh marine environment exposure. Unscented, non-toxic and biodegradable, it won't harm fabrics and other boat surfaces. Non-soluble, it doesn't rinse off when exposed to rain and spray, or boat washing.
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Meet Kim Knudsen, new Community Partnerships and Training Coordinator at Quadrant Marine Institute
Kim Knudsen has just joined the Quadrant team as their new Community Partnerships and Training Coordinator. He comes to the Quadrant team with a background in high-end hospitality, business development and training development and coordination for a variety of industries including education and maritime. He has lived and worked in many countries and makes a great addition to Quadrant’s adventurous team!
He’ll be working to support their instructors, apprentices, and employer partners across BC’s small craft/recreational marine service industry. If you have suggestions for promoting the marine service industry, reach out and say hello.
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As of August 2022, Boris Heitmann (58) has taken over responsibility as Vice President Communications & Investor Relations at HanseYachts AG.
The graduate in business administration, communications manager and yachtsman brings with him many years of experience in international companies from various sectors and as an independent entrepreneur. Heitmann started his career in 1991 at the energy company Esso.
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