Canada Cuts Retaliatory Tariffs on Boats
The Canadian government has removed the 10 percent retaliatory tariffs on U.S.-built recreational boats that resulted from President Trump’s 10 percent tariff on aluminum and 25 percent tariff on steel imported from that country to the United States.According industry obersers, removal of retaliatory tariffs seen as a critical first step toward elimination of US section 232 tariffs and ratification of USMCA trade agreement.A joint statement from NMMA Canada and NMMA said this marks the most positive development for the industry since the tariff issues first emerged."As such…
Evinrude Named Official Engine Supplier of American Magic
Evinrude hasannounced that it has been named Official Engine Supplier of New York Yacht Club American Magic, a professional sailing team and Challenger for the 36th America’s Cup. Evinrude will outfit American Magic’s fleet of chase boats with 300 HP E-TEC G2 engines. In addition, Evinrude will provide the organization’s technical crew with a training course at its Sturtevant facility. Each engine will also be custom wrapped with an American flag-based design.The America’s Cup is the highest prize in sailing, and the oldest event in international sports.
USSA recruits next generation for refits
The sixth annual summit for the United States Superyacht Association (USSA) in Fort Lauderdale, Fla. championed more refits in American shipyards, with continuing emphasis on recruiting young adults into trade professions for the marine industry.“The summit is a great way to get together and share info in an obscure, rather private industry,” said Kate Pearson, chairman of USSA and vice president of business development for Safe Harbor Marinas. “We are clearing up misconceptions of the industry.
Squid: The All-Electric Dolphin Watcher
Deep in the blue waters of Key West, Honest Eco’s founding captain, Billy Litmer, said its dolphin watching tours help their guests “understand and interact with wildlife from a curious yet courteous proximity.”In creating his eco touring company, Litmer invested in everything he needed to guarantee an unforgettable experience for his guests--knowledge, custom boats, and quality gear.His boat is called Squid, and Billy built it from the hulls up. He asked David Walworth, an MIT educated boat designer and builder, to design the perfect boat for the dolphin watching excursions.
Whirlwind of change: Where’s Trinity Yachts' crew today?
Four key players of the disbanded Trinity Yachts, once the world’s sixth largest custom yacht builder, are working in new roles in yachting since the company’s break-up about four years ago.Billy Smith, Geoffrey van Aller, Jim Berulis and Phil Nuss rolled with the punches, just as they did when this author interviewed them at Trinity’s Cinco de Mayo crayfish boil celebrating their new Gulfport facility in Mississippi in May, 2006. In a region suffering after Hurricane Katrina toppled the Gulf Coast and sank New Orleans on August 29…
Fiberglass Boat Design and Technology Center to Open in Fall 2019
Brunswick Boat Group, a division of Brunswick Corporation (NYSE: BC), has announced plans for the Brunswick Fiberglass Boat Technology Center (BFBTC), the most extensive recreational boat design and technology center in the United States. Located in Edgewater, Florida, the 45,000 square foot facility will be home to the industry’s most formidable boat product development team, with a mission to design, engineer, and launch innovative, industry-leading products for two of the most iconic brands in the marine industry-- Boston…
Sailing-Stars & Stripes Team USA Joins Challengers for America’s Cup
Stars & Stripes Team USA has been accepted by holders Emirates Team New Zealand and the Royal New Zealand Yacht Squadron as the fifth challenger for the 36th America's Cup, which will take place in Auckland in 2021.The team was co-founded by sailors Mike Buckley and Taylor Canfield and represents the first all-American team in more than 15 years to compete for the oldest trophy in international sport, Long Beach Yacht Club said in an emailed statement."Our name is a nod to Dennis Conner's ‘Stars & Stripes’ campaigns that defined all-American America's Cup racing for decades.
Feadship Launches Refit and Service Division
Legendary superyacht builder Feadship formed a new entity, Feadship Refit & Services, to implement a new customer support strategy, My Feadship. Aiming to extend the high standard of Feadship quality experienced in the shipyard during the new build process throughout the vessel’s life, every Feadship’s resale value might increase upon becoming a brokerage or preowned vessel with the Dutch builder’s ongoing service certification.Combining all services previously offered by the individual Feadship yards with four other major yards around the world…
Concierge Yacht Repair, Service and Maintenance for Engine Rooms
As vessels increase in size, engine rooms increase in complexity. With superyachts approaching the size of small ships, qualified engineers with commercial and military experience operating larger vessels effectively prevent and troubleshoot problems.FHG Marine Engineering (FHGME) is a niche contractor with a business model providing concierge mobile preventative and routine yacht maintenance with emergency repair to luxury yachts in South Florida, minimizing downtime for vessels with 24-7 operations.
Derecktor to Develop New US Superyacht Hub
St. Lucie County Commissioners unanimously chose Derecktor Shipyards to create and manage a facility servicing large yachts in Fort Pierce, Fla. on Nov. 14. Located about 100 miles north of Fort Lauderdale and about 40 miles north of Palm Beach, the shipyard will develop a proposal for a mutually agreeable lease and contract to develop the 290-acre port, with deep water draft, easy land access and no fixed bridges.Derecktor was established in 1947 by the late Bob Derecktor, a competitive sailor in his own right with his personal fleet of “goose” sailboats…
MarineMax Names Langbehn as VP Operations
MarineMax has announced that Kyle Langbehn will now be their national Vice President of Operations.Langbehn has served several positions within MarineMax of increasing responsibility since originally joining the company in 2002. After receiving his undergraduate from the United States Naval Academy and his MBA from George Washington University, Kyle began his professional career with KPMG Consulting before pursuing his boating passion.MarineMax strives to provide an array of opportunities for their team members to truly become the best of the best.
Sea Knees Helps Boat Operators Stand Pain-free
Shock mitigation device absorbs impact brought about by rough seasJohn Haas spent most weekends for the past two decades living on the open water. Eventually, the continual pounding took a toll on his health, and he developed a herniated disk that required him to temporarily discontinue his favorite pastime. He even needed surgery and extensive rehabilitation to get back to normal health.“When the disk was coming out, it felt like a tongue sticking into my spinal cord,’’ said Haas, a resident of Stuart, Fla. “I didn’t have any feeling in my right leg. First it was pain, and then went numb.
Ellison and Coutts Launch League for 'Supercharged' Cats
Former America's Cup winners Larry Ellison and Russell Coutts launched a new league on Wednesday, with six national teams sailing in a series ending in a two-boat $1 million finale.SailGP will go live in Sydney, Australia in February 2019 with 50-foot foiling catamarans powered by wing sails which the organizers expect to reach speeds of more than 50 knots (93 kilometers per hour) as they fly above the water."With equally incredible technology across our one-design fleet, we expect to see thrillingly close and competitive racing…
Meet the Seabreacher Semi-Submersible.
Exotic marine toys abound at Winterfest Boat parade kickoffWith a yellow seahorse logo that resembles a Ferrari, Seabreacher’s Seararri semi-submersible made quite the splash on the New River during the kickoff for Fort Lauderdale’s Winterfest Boat Parade.With amazing demonstrations rising above the water and thrusting into the air like a bird, the Seabreacher can vector thrust, rising 25-feet high, out of the water. At 18-feet long, she seats two in an enclosed cockpit and runs 60 mph on the water.
SeaKing Electrical Announces Superyacht Sector Growth
Maritime engineering company SeaKing Electrical announced its busiest year in a decade for superyacht work ahead of its attendance at the Monaco Boat Show.Liverpool City Region based SeaKing Electrical has sent teams to work on 18 superyacht repair and upgrade projects in the nine months until September beating its previous record of 17 jobs in all of 2017. The company has worked in the Mediterranean in Cadiz, Cartagena, Genoa, La Ciotat and Barcelona as well as Miami in the United…
MasterCraft to Acquire Crest Marine
MCBC Holdings, the parent entity of MasterCraft Boat Company, and NauticStar announced that it has entered into a definitive agreement to acquire Crest Marine, a vertically integrated manufacturer of high-quality pontoon boats in the United States, for approximately $80 million.MasterCraft also expects that approximately $10 million net present value of future net tax benefits will accrue to the combined company. The transaction is expected to close in the fourth quarter of calendar 2018…
Superyachts Head to Savannah Yacht Center
A 235-foot megayacht recently launched at Savannah Yacht Center after full paint renewal provided by the yard’s yacht coatings partner, Pinmar. Catering to superyachts 60-meters and over, the shipyard is providing full refit, service and restoration for the big boat sector while renovating the yard’s infrastructure, with expected completion during the second quarter of 2019.With a 140-meter graving dock for yachts up to 450-feet in length and 1,200-feet of wet slips, Savannah Yacht Center’s new 3…
US Boating Market to Reach $28.5 Bln by 2024
According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the U.S. Recreational Boating Market to exhibit around 4.5% CAGR from 2018 to 2024.Increasing customer spending for tourism is boosting the U.S. recreational boating market demand. Proliferating usage of boats for leisure and water sports activities such as river rafting, kayaking, racing, and sailing are enhancing the production of pleasure crafts, thereby strengthening…
US Flag Registry Now a Reality for Large Yachts
With the stroke of President Trump's pen on Monday, August 13, 2018, U.S. yacht owners are now able to fly an American flag and register their yachts - over 300 GT - in the United States.This new legislation modernizes outdated laws and brings the United States in line with current times, according to a yachting trade association. "This has been a significant issue that the U.S. Superyacht Association (USSA) has spent nearly a decade working to correct," said Kate Pearson, USSA Chair and vice president of business development of Safe Harbor Marinas.