News

Nautical Ventures Awarded International Dealer of the year by Axopar, FLITE and NautiBuoy

In three separate ceremonies on opposite sides of the world, Nautical Ventures was recently recognized as the Dealer of the Year for three notable manufactures, Axopar Boats, FLITE electric hydrofoil boards, and NautiBuoy Marine. During Axopar’s recent dealer meeting at Port Calanova, Mallorca, Spain, Nautical Ventures was handed the Best International Dealer award and was recognized for their contributions in ...

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Freedom Boat Club acquires Tampa Bay franchise operation

Freedom Boat Club logo

Freedom Boat Club announced that it has acquired the Freedom Boat Club of Tampa Bay franchise operation and territory – the largest territory in the Freedom network. This acquisition includes all 30 current Tampa Bay-based locations, as well as the rights to expand and build new club locations throughout the territory. Located directly north of the Company’s Southwest Florida corporate ...

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Yamaha Marine Precision Propellers becomes INSHARP certified

Yamaha’s U.S. Marine Business Unit announced Yamaha Marine Precision Propellers (YPPI) of Indianapolis is a certified participant in the Indiana Safety and Health Achievement Recognition Program (INSHARP). YPPI is now part of a select group of employers that received INSHARP Certification by exceeding occupational safety and health expectations and demonstrating a commitment to the well-being of workers in the Hoosier ...

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ABA names Webasto supplier of choice

The American Boatbuilders Association (ABA) has named Webasto Thermo & Comfort North America, Inc. a Supplier of Choice for sunroofs, air conditioners and heaters. As part of the agreement, Webasto's contract with the ABA extends through June 30, 2025. "The ABA is pleased to reach an agreement with Webasto as a Supplier of Choice for air conditioning, sunroofs, and heating ...

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USWC sponsors 4th annual ELEVATE Summit

Boating Industry Elevate Summit

Boating Industry is returning to Orlando this November 14-16 for the 4th Annual ELEVATE Summit Conference and we are pleased to announce that United States Warranty Corporation (USWC) is returning as a title sponsor. “Yes, USWC is back as a sponsor,” stated Patty Emser, vice president, marketing and communications, United States Warranty Corporation. “ELEVATE allows our family-owned service contract company ...

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Senate passes Water Resources Development Act

U.S. Senate Committee on Environment and Public Works (EPW) released last week its text for the Water Resources Development Act (WRDA) of 2022, a water infrastructure package reauthorized by Congress on a biannual basis. The Senate’s version of this year’s WRDA bill includes several wins for the recreational boating industry, including top priorities which NMMA has advocated for over the ...

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OneWater Marine releases second quarter report

OneWater Marine logo

OneWater Marine Inc. (NASDAQ: ONEW) has announced results for its fiscal second quarter ended March 31, 2022. "We had another exceptional quarter, delivering 34% revenue growth, expanding gross margins by 530 basis points and driving EPS up 39% year-over-year. In the fiscal second quarter, we also completed the acquisitions of JIF Marine and YakGear, accelerating our parts and services revenue ...

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Dometic releases first quarter report

Dometic reports strong sales growth of 55% in the first quarter of 2022, with a solid EBITA margin of 14.8%. FIRST QUARTER 2022 Net sales were SEK 7,518 m (4,858); an increase of 55%, of which 7% was organic growth.Operating profit (EBITA) before items affecting comparability was SEK 1,114 m (801), corresponding to a margin of 14.8% (16.5%).Items affecting comparability ...

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U.S. Senate passes Outdoor Recreation Act as industry highlights economic contributions

The outdoor recreation industry celebrates the physical, mental, and economic health contributions the $689 billion outdoor recreation industry has made over the course of the pandemic as the U.S. Senate marked up the first-ever recreation package, America’s Outdoor Recreation Act of 2022.Spearheaded by the Outdoor Recreation Roundtable (ORR), of which the National Marine Manufacturers Association (NMMA) is a founding member, ...

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SkillsTrader partners with SkillsUSA

SkillsTrader and SkillsUSA have announced that the companies have entered a partnership that will support workforce development. The agreement brings together SkillsTrader’s digital platform built and SkillsUSA’s community of 333,527 students and educators from 53 states. Through this partnership, SkillsTrader will provide financial support for SkillsUSA’s National Leadership and Skills Conference, specifically, the Advisor’s Call to Action Breakfast, the Business ...

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