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Author Archives: The Staff

Consumer confidence at highest level in six years

Consumer confidence is up for the second straight month, reaching 85.2 for June, according to The Conference Board’s Consumer Confidence Index. That was a three-point jump from May’s mark of 82.2. “Consumer confidence continues to advance and the index is now at its highest level since January 2008 (87.3),” Lynn Franco, director of economic indicators at The Conference Board said ...

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Yamaha Marine Group introduces Yamaha Marine Advocacy online tool

KENNESAW, Ga.--(BUSINESS WIRE)-- Yamaha Marine Group today launched Yamaha Marine Advocacy, a new online tool to help promote marine advocacy efforts. The intuitive online system is designed to give Yamaha Marine dealers and boat builders a quick and easy method to interact with their legislators through phone calls, letters, tweets and other social media outlets. Yamaha Marine Advocacy will be ...

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RFA calls Intersector trading concept “corrupt”

During a decade of debate on catch shares and individual fishing quota (IFQ) programs, proponents of this fisheries privatization plan have argued that the scheme is strictly for use in the commercial sector.  More recently however, the concept of intersector trading policies which would allow commercial IFQ holders to sell or lease shares to saltwater anglers, for-hire captains and organizations ...

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Weekly 5: Drone captures video of yacht fire

The BI Weekly 5 is a collection of news, tips and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Tuesday on BoatingIndustry.com.   1. Drone captures video of yacht fire A fire that destroyed a $24 million yacht at a marina in California was captured on video when a boat captain ...

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Video: Mercury rolls out new outboards, new approach to sterndrives

Delivering on the long-rumored news that it would be moving away from auto engines and building its own blocks, Mercury debuted its new engines for 2015 last week. The new Mercury MerCruiser 4.5L, V6, 250 hp sterndrive is being manufactured at Mercury’s world headquarters in Fond du Lac, Wisconsin, where the company showed off the engines to a large contingent ...

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Bénéteau Group acquires Rec Boats brands

Bénéteau Group closed on a deal Monday to purchase the Rec Boat Holdings family of brands including Four Winns, Glastron, Wellcraft and Scarab. “This acquisition is in line with the Group's development strategy for the North American motorboat market. After launching sales of motorboats over 12 meters in 2010, the Group is embarking on the second phase of its project, ...

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50th anniversary Donzi Classic series launched

Now, in order to commemorate the brand’s 50th anniversary, Donzi Marine’s parent company, Baja Marine, has announced it is building the 50thAnniversary Edition Donzi Classic series, including the Classic 22, Classic 18, and “Sweet 16”. Each boat in the series will sport the new, custom-designed Donzi 50th Edition logo in addition to the series’ instantly recognizable “retro” styling with its ...

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MDCE adds fourth educational track to 2014 lineup

MINNEAPOLIS, June 20, 2014 — The Marine Dealer Conference & Expo will offer conference attendees four different educational tracks to choose from at the upcoming event: Sales, Marketing, Leadership and Service Plus. MDCE takes place Nov. 16-19 at the Orange County Convention Center in Orlando, Fla. This year, MDCE organizers decided to up the total number of tracks at the ...

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Prospec gains contract renewal with IBBI

Chosen as a premium audio supplier in 2012 by Independent Boat Builders, Inc. (IBBI), Prospec Electronics is recognized yet again for its dedication to manufacturing and distribution of high-quality marine audio products. Now the association continues to award the electronics company by renewing its contract for another year. "We know the marine industry has many audio suppliers for IBBI to ...

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First hurdle cleared for Chicago’s new floating destination

CHICAGO—Breakwater Chicago was accepted into the city’s Seed Chicago program with the goal of raising $30,000 in 30 days. Thanks to the public’s warm reception of this proposal, the $30,000 goal was exceeded in only 36 hours and funding continues to arrive.  Breakwater is proposed as the first major public boating destination in Chicago Harbor, and is poised to become ...

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