The Senate of Canada met recently to consider the Budget Implementation Act of 2022, or Bill C-19, which includes the “luxury tax” on new boats valued at CA $250,000 or more. A study conducted by Jack Mintz, Ph.D., at the School of … Learn More
The Sailboat Sales Trends section of the National Marine Manufacturers Association’s (NMMA) 2021 U.S. Recreational Boating Statistical Abstract is now available. This report includes production and retail unit sales data, export unit sales by length, import unit sales by length, estimated total annual retail sales, … Learn More
The Simply Marinas team brokered the sale of Port Charles Harbor in Missouri. The team represented both parties. The offering was handled confidentially at the seller’s request. The marina has a strategic advantage as the major stopover for boats traveling south for … Learn More
Boatsetter, a leading peer-to-peer boat rental platform in the U.S., announced it has more than 50,000 boat listings available for rent in more than 700 locations. Since commercially launching in 2014, Boatsetter has grown steadily in support of its mission to provide … Learn More
Nine new marine industry stakeholders were recently elected to serve two-year terms on the Sea Tow Foundation’s Boating Safety Advisory Council. Established in 2019, the advisory council collaborates on multiple national boating safety initiatives, and also judges and selects the most outstanding … Learn More
The ABYC Foundation has recognized Washburn’s Boat Yard, MJM Yachts, Mercury Marine, Massachusetts Marine Trades Association, and Michigan Boating Industries Association for offering scholarships to teachers who want to attend the Marine Service Educator Training Conference, scheduled for July 20 and 21. The … Learn More
Last month, Representative Lois Frankel (D-FL-21) and Representative Austin Scott (R-GA-08), members of the Congressional Boating Caucus and strong advocates for the recreational boating industry, reintroduced bipartisan legislation to more clearly define and label fuel blended with more than 15 percent ethanol … Learn More
Southport Marina, a division of Preston Development Company, has sold Southport Marina to Morningstar Marinas, an affiliate of Morningstar Properties. Morningstar Properties, a Charlotte, North Carolina-based company, is a vertically integrated real estate developer, owner, and operator of specialty real estate products. … Learn More
The outdoor recreation industry – along with federal, state, private, and nonprofit partners across the country – is celebrating June as Great Outdoors Month®, a national recognition of outdoor recreation on America’s treasured lands and waters. Great Outdoors Month®, which began as … Learn More
The U.S. Army Corps of Engineers has released their FY22 Work Plan identifying how they intend to spend the funding they received for the upcoming year. While much of the work plan funding is outlined in the FY22 appropriations bill, additional funding was … Learn More
