Surprising gains have been seen in boat sales for the month of November, rising by record breaking double digits industrywide in what is typically one of the slowest months of the year in terms of sales. Boat sales increased by 3,303 resulting in a 15.1 percent gain in all main powerboat segments sales, and industrywide… Read More
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Industry Leaders Give Their 2016 Outlook
Carl Blackwell, Senior VP of National Marine Manufacturers Association Huw Bower, President of Boston Whaler Joan Maxwell, Chairwoman of National Marine Manufacturers Association Ben Speciale, President of Yamaha Marine Group So, in conclusion, industry leaders say new boats with advanced propulsion and innovative technology are keys to fueling sales and say that type of slow,… Read More
Azimut Yachts Announces Plan for Release of New Models
Azimut Yachts has just announced that it plans to release 14 new models in all five Azimut collections throughout the coming three-year period. They recently unveiled their new Azimut 66, part of the flybridge collection, at the Düsseldorf Boat Show. The worldwide launch of the Azimut 66 kicks off Azimut’s new model release, three-year plan…. Read More
Two New Models Debuted At Yachts Miami Beach
Both Sabre and Sea Ray have debuted new boat models at the Yachts Miami Beach show over the week of February 11th. Sabre Yachts introduced its newest and largest Sabre motoryacht to date, The Sabre 66 Dirigo. Sabre designer Kevin Burns stated that the new 66’ yacht is “the highest expression of Sabre yet”. Sea… Read More
2015 Gain in Outboard Sales
The NMMA has reported that outboard engine retail sales have risen 8.7 percent in 2015, placing sales at a post-recession high. An increasing demand for high-powered engines is seen through the 23.2 percent increase in the average horsepower since 2004. In the coming months, the 2015 U.S. Recreational Boating Statistical Abstract will be released by… Read More
The 2017 Model-Year Rollout
Beginning June 1st, 2016, the new model year for boat builders commences and will last 14 months, ending in July of 2017. Compared to past years, this rollout begins two months earlier and will last two months longer. The National Marine Manufacturers Association believes that this extended model year will “allow boat manufacturers flexibility to… Read More
Dana Point Harbor Renovation
Orange County is looking to establish a Pubic-Private Partnership (or P3) in an effort to revitalize Dana Point Harbor and the surrounding businesses. On March 17th, a formal request for qualifications was issued to potential real estate development firms in search of private investors to help with the upgrade. The next step will be a… Read More
Rising Ocean Acidity Threatens West Coast
A recent report conducted by the National Oceanic and Atmospheric Administration has revealed that rising ocean acidity levels, along with growing areas of low-oxygen waters, are posing a serious threat to fishing industries, ecosystems and economies along the West Coast and up into British Columbia. According to NOAA, ocean acidification is already affecting the regions… Read More
Brokerage Sales Up 10 Percent in March
U.S. brokerage sales have picked up 10 percent with 2,443 boats sold in the month of March, compared to the 2,215 boats sold in March of last year. With data taken from YachtWorld, significant gains were made in the sales of boats under 45 feet and the boats sold rung in at a less expensive… Read More
Used Boat Sales Up in 2015!
The National Marine Manufacturers Association reported the estimated sales of used boats to be $9 billion in 2015. This places sales up 1.9 percent in units and 3.4 percent in dollars from 2014. Additionally, used boat sales rose in all categories in 2015, excluding jetboats, with traditional powerboats accounting for 84 percent of total unit… Read More
