News

White House report supports key priority for recreational boating industry

The White House released an updated report, Recent Progress at Our Ports: Moving Cargo and Filling Shelves, which tracks how well the nation’s transportation and logistics supply chain is handling the increase in demand for goods as we recover from the pandemic.  The updated report supports the Ocean Shipping Reform Act of 2021 (OSRA 2021), a bipartisan bill sponsored by Representative ...

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Nominations sought for 2022 Freedman Award

Nominations are being accepted for the 2022 Alan J. Freedman Award. Recipients of the NMMA Freedman Award are individuals who have made outstanding contributions to the marine accessories industry through leadership, creativity, and personal motivation.  The following are categories for consideration: Marine aftermarket or OEM manufacturerMarine representativeMember of marine-focused mediaBoat dealerMarine distributorMarine trade association staff person To nominate an individual, please complete ...

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Yamaha Rightwaters supports effort to restore oysters in New York Harbor

Yamaha Rightwaters will support the Billion Oyster Project, a community science project that has repopulated 75 million juvenile oysters in New York Harbor, in their mission to restore one billion by 2035. The Yamaha sustainability initiative will provide a Yamaha V MAX SHO 115 outboard motor, which the non-profit group and the Urban Assembly New York Harbor School (Harbor School) will ...

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ePropulsion secures new funding to pursue further research and development

Marine electric propulsion systems and services company ePropulsion has reportedly secured "tens of millions of dollars" through a B+ Series funding round.  The cash infusion came from investors including Lightspeed China Partners and other existing shareholders who believe in the potential of ePropulsion and marine electric propulsion innovations. ePropulsion has now sold over 12,000 units and achieved an annual sales ...

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Land ‘N’ Sea reports record sales at annual trade shows

Land ‘N’ Sea returned to an in-person event at the Mohegan Sun Expo Center in Connecticut while retaining a digital experience for their other shows, and just reported an additional 30% increase in sales over last year’s record show season, according to a company press release. Additionally, in-person attendance increased almost 20% compared with the last physical show in Connecticut in 2019. ...

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Mark Martecchini named president of Webb Institute

Webb Institute, an undergraduate institution specializing in marine engineering and naval architecture located in Glen Cove, NY, has named Mark Martecchini their next president. Martecchini is recognized for his innovative leadership and advocacy for inclusiveness and sustainability. During a 38-year career with Stolt-Nielsen, he served in a variety of technical, commercial and executive roles, most recently as Managing Director of Stolt ...

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NMMA announces dates for in-person American Boating Congress

American Boating Congress

The American Boating Congress (ABC) will be held in-person from May 11-13, 2022 in Washington, D.C., bringing together all segments of the recreational boating industry to share our collective voice on Capitol Hill.  ABC 2022 participants will hear from members of Congress, Administration officials, key committee and Hill staffers, as well as industry representatives on what’s happening within the recreation ...

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GM buys stake in electric boat company

Pure Watercraft electric outboard

General Motors has acquired a 25% ownership stake in Pure Watercraft, a Seattle-based company that specializes in creating all-electric boating solutions. According to a GM press release, the collaboration between GM and Pure Watercraft advances a shared vision to promote sustainability through an expansion of zero-emissions mobility for future generations and reflects the holistic approach necessary for widespread EV adoption. ...

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Bipartisan outdoor recreation bill is introduced

Capitol Hill

U.S. Senators Joe Manchin (D-WV) and Chairman of the Senate Energy and Natural Resources Committee, and John Barrasso (R-WY), Ranking Member of the Committee, introduced the Outdoor Recreation Act. This bipartisan legislation would increase and improve outdoor recreation opportunities across the nation while improving infrastructure and driving economic growth in rural communities.“West Virginia is home to stunning public lands that bring ...

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New data shows impact of COVID on outdoor recreation

The U.S. Bureau of Economic Analysis (BEA)  released new data on the economic impact of outdoor recreation in 2020. BEA found outdoor recreation accounted for $689 billion in gross output (consumer spending) and 1.8% of gross domestic product in 2020. “Throughout this pandemic, outdoor recreation has been a cornerstone of American life,” said Lise Aangeenbrug, Outdoor Industry Association (OIA) executive director. ...

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