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 week on BoatingIndustry.com.
1. Court declines to disqualify judge in Miami boat show case
A Florida appellate court has opted not to remove a judge presiding over the village Key Biscayne's suit against the city of Miami over the Miami International Boat Show, Daily Business Review reported.
The city had argued that the judge should be disqualified from the case for making negative comments about traffic related to the show.
2. NMMA will host "Day on the Water" at GOP, Democratic conventions
NMMA will host a “Day on the Water” event at both part conventions this summer, providing industry leaders a unique opportunity to meet with delegates, elected officials and industry stakeholders to tell the marine industry’s distinctive American story.
“These events provide a great opportunity to unite and educate members of Congress and elected officials on policies that affect the recreational boating industry in America and how their decisions directly impact maritime businesses,” said Nicole Vasilaros, vice president, Federal and Legal Affairs. “Boating is not only a popular American pastime, but a significant economic driver for the U.S. The recreational boating industry supports thousands of businesses and jobs, and generates millions of American-made products throughout our country.”
3. Canadian dealer asks for help with stolen boat
Banner Marine of Kelowna, B.C., is hoping the Internet can help it find a stolen boat. Someone stole a boat from Banner Recreation and Marine on McCurdy Place in Kelowna on June 19. The orange and black 2016 Campion SVFARA tow/surf boat was sitting on a custom Phoenix Trailer (with all-black tandem axle chrome rims). Banner general manager Jeff Schwartz said he believes two white males driving a newer white SUV stole it.
4. VIDEO: Montana using dogs to combat AIS spread
As part of its efforts to stop the spread of aquatic invasive species, the state of Montana is using specially trained dogs to assist with inspections, KXLF reports.
5. Analyst cuts forecast for MarineMax
B. Riley has cut its Q3 2016 EPS estimates for MarineMax in a report released on Tuesday. B. Riley currently has a “Buy” rating and a $25.00 target price on the stock.