Weekly 5: Powerboat sales up in January

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Monday on BoatingIndustry.com.

1. NMMA: Powerboat sales up in January

Wholesale shipments of traditional powerboats were up 12.6 percent in dollars in January for NMMA’s control group of manufacturers (representing 69 percent of the market), the association reported. Units were up 2.6 percent with moderate YOY growth across nearly all categories, with the exception of fiberglass sterndrive boats, NMMA said.

2. GEICO, BoatUS reveal top boat fire causes

GEICO and BoatUS have revealed the top six causes of boat fires and tips boat owners can follow to help protect their property.

Top causes include outdated engine wiring harnesses, faulty voltage regulator and improperly installed battery cables, the companies said.

3. Analyst: MarineMax business strength can drive upside

New products, lower gas prices and improving financial markets should mean better sales and profits for MarineMax, says Elazar Advisors, LLC.

4. A better model for fisheries management: Cooperation not confrontation

A successful Magnuson-Stevens model for fisheries management requires cooperation between all stakeholders, write Erika Feller and Bob Young in an opinion piece in The Hill.

5. Real leadership is about controlling the flow of crap

Put bluntly, great leaders need to take responsibility and manage the negative, writes Peter Gasca at Entrepreneur.



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