Author Archives: BoatingIndustry

Vic Spellberg joins Peters & May

FORT LAUDERDALE, Fla. — Vic Spellberg, a marine industry veteran, has joined Peters & May USA as Sales Manager based at the Fort Lauderdale, office. Spellberg is a former racer turned marketer for powerboats and sport yachts and believes the shipping industry is a good fit for his skills and expertise. "I understand the boating business from the customer's view ...

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Insurer offers boat coverage tips

WORCESTER, Mass — The Hanover Insurance Group Inc. has listed insurance-buying tips for watercraft owners. According to the company, topics that should be addressed with an insurance agent include: • Do you have coverage when your vessel is off-the-water? Watercraft owners also need to consider coverage for their boats and trailers while parked at home. An existing homeowners policy may ...

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Timothy Dowling to manage Fort Washington Marina

ANNAPOLIS, Md. – Coastal Properties Management has hired Timothy Dowling as General Manager at its Fort Washington Marina, located on the upper Potomac River. “Tim Dowling brings a tremendous background of marina and maritime business management to our exceptional team of managers.” said Bruce Wagner, Coastal Properties’ Vice President of Operations. “Tim’s previous experience with the administration and operations responsibilities ...

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IMI publishes fall events brochure

WARREN, R.I.—The International Marina Institute (IMI), the training subsidiary of the Association of Marina Industries (AMI), has posted its annual Fall Events Brochure. The brochure details information on IMI’s Fall Conference “Increasing Marina Profits in the New Economy: From Surviving to Thriving” scheduled for October 23–25, 2011, and its annual Southeast Florida Marina Study Tour scheduled for October 26–27, 2011. ...

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Sea-Dog, ProMariner win NMDA Supplier of the Year Awards

ROSEMONT, Ill. — The National Marine Distributors Association (NMDA) has named Sea-Dog Line and ProMariner as recipients of its 2011 Supplier of the Year Awards. The awards were announced during the NMDA’s annual Sales, Training, Education & Purchasing Conference. Receipents are chosen though an NMDA member vote. Sea-Dog Line won for the seventh year in a row in the Platinum ...

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Coastal Properties to manage Baltimore marina

ANNAPOLIS, Md. — Coastal Properties Management has recently taken on management of The Crescent Marina in Baltimore, Md. The Crescent Marina features docks with 52 slips to accommodate pleasure vessels up to 40 feet for annual leases or transient stays. Larger vessels, up to 60 feet, can also be accommodated along the T-heads. Featuring a central location to reach many ...

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Outboard boat sales show first increase in 5 years

MIAMI — Powerboat sales continue to move toward stabilization, declining less than 5 percent in June, according to Info-Link Technologies Inc.’s Bellwether Report, which provides a rolling 12-month year-over-year percent change in unit sales. Outboard sales boats fared even better — increasing for the first time in more than five years. Info-link's graphs can be viewed by clicking here: Info-Link ...

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Interlux Waterfront Challenge grant applications due Aug. 31

UNION, N.J. – The deadline to apply for the 2011 Interlux Waterfront Challenge grant, which is used to create sustainable waterfront environmental improvements in the applicant’s community, is Aug. 31, according to a release from the Waterfront Challenge. Interlux will award $50,000 in grants in October to organizations in the United States, Canada and the Caribbean. A total of eight ...

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The accessories test

To gauge how well your business is doing with accessories sales, John Spader — president of Spader Business Management — advises dealers to ask themselves these questions. "If you’re not doing these things," Spader says, "you’re not taking it seriously." Do you separate your accessories sales from your parts sales — both for sales and margin analysis? Do you separate ...

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Through May, dealers report profit, sales up

SIOUX FALLS, S.D. — For the first five months of 2011, new boat sales were up by 17.6 percent compared to the same period in 2010 for the average dealer tracked by consulting firm Spader Business Management. The company's latest financial report covers the five months ending May 31. The average dealer reported a Net Operating Profit of $95,000. This ...

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