The National Marine Trades Council (NMTC) announced the recent appointment of Kitty McGowan as chair and Lori Wheeler as vice-chair of the organization. Kitty McGowan, president of the U.S. Superyacht Association and industry veteran of more than 30 years, views her role as chair … Learn More
A South Carolina company has acquired a trio of marinas in Southwest Florida from Walker Marine Group. Charleston-based Port 32 Marinas bought Walker Marine Group marinas in Naples, Marco Island, and Cape Coral. The purchase price wasn’t disclosed. The Walker Marinas include approximately 1,015 slips … Learn More
The City of Palm Bay, Florida has accepted a contract from Space Coast Marinas LLC for the purchase of Pelican Harbor Marina. Space Coast Marinas submitted a counteroffer of $1.7M to purchase the marina for the development of a dry dock boat … Learn More
Maine-based Marina Holdings LLC, which is comprised of Yarmouth Boat Yard, Moose Landing Marina, and Freedom Boat Club of Maine, was named to Inc. magazine’s annual Inc. 5000 list of the nation’s fastest-growing private companies. This prestigious ranking represents a unique look … Learn More
Registration is open for the 2021 ICOMIA World Marinas Conference, set to take place in Dubai October 12 to 14. The conference will bring together 200 participants comprising the region’s leading marina and club operators, owners, and vendors along with related government agency representatives. … Learn More
Outdoor Recreation Roundtable (ORR), the country’s leading outdoor recreation coalition, in partnership with the USDA Forest Service, Department of the Interior (DOI) and a diverse range of outdoor recreation partners, joined together yesterday to discuss implementation of the most important outdoor recreation … Learn More
Dowry Creek Marina in Belhaven is the newest facility to be certified as a North Carolina Clean Marina, a designation given to marinas that exceed minimum regulatory requirements. The marina, located on upper Dowry Creek in Beaufort County, received the certification in … Learn More
In June, JMA Ventures along with Southern California-based LLJ Ventures closed on the purchase of a luxury resort and large yacht marina on the island of St. Lucia in the Southern Caribbean. The transaction involved a complicated tri-party structured agreement with the project lender and borrower … Learn More
PORT 32 Marinas LLC, an owner, operator, developer, and acquirer of Class A coastal marinas, announced the recapitalization of the company led by New York-based Fireside Investments, alongside key members of management and with participation from several institutional investors, including funds affiliated … Learn More
The National Marine Manufacturers Association (NMMA) reports new boat sales remained healthy through May, according to the latest New Powerboat Registration Report. Data shows retail unit sales of new powerboats were up 24 percent on a rolling 12-month (R12M) year-over-year (YOY) basis through … Learn More