Powerboating

Yamaha Joins Fuel Cell & Hydrogen Energy Association Supporting Multiple Technology Solutions to Carbon Neutrality

Retrieved on: 
Tuesday, January 30, 2024

Yamaha Motor Corporation, U.S.A. joined the Fuel Cell & Hydrogen Energy Association (FCHEA) alongside hydrogen producers, infrastructure providers, engineering firms and other off takers as part of its pursuit of multiple technology solutions to achieve carbon neutrality.

Key Points: 
  • Yamaha Motor Corporation, U.S.A. joined the Fuel Cell & Hydrogen Energy Association (FCHEA) alongside hydrogen producers, infrastructure providers, engineering firms and other off takers as part of its pursuit of multiple technology solutions to achieve carbon neutrality.
  • “Yamaha plans to work diligently with FCHEA to advance hydrogen energy and fuel cell policies,” said Martin Peters, Director, Yamaha Marine External Affairs, who will serve on the organization’s board of directors.
  • FCHEA represents more than one hundred leading organizations advancing production, distribution, and use of innovative, clean, safe, and reliable hydrogen energy.
  • FCHEA educational efforts promote the environmental and economic benefits of hydrogen energy and fuel cell technologies.

Skeeter Boats Claims Innovation Award for New WXR2060F

Retrieved on: 
Friday, January 26, 2024

The National Marine Manufacturers Association® (NMMA) and Boating Writers International (BWI) honored Skeeter Boats with the 2024 Minneapolis Innovation Award in the fiberglass fishing boat category for the WXR2060F.

Key Points: 
  • The National Marine Manufacturers Association® (NMMA) and Boating Writers International (BWI) honored Skeeter Boats with the 2024 Minneapolis Innovation Award in the fiberglass fishing boat category for the WXR2060F.
  • The Innovation Awards were presented during the Sneak Preview event on January 17 and recognized manufacturers and suppliers who brought new, innovative products in the boating industry to market.
  • View the full release here: https://www.businesswire.com/news/home/20240126067215/en/
    “This industry recognition of the WXR2060F is quite an honor, and one we share with our team and customers,” said Jeff Stone, Senior Vice President, Skeeter Boats.
  • The Innovation Awards’ judging committee is comprised of BWI members who perform product testing throughout the year and have specific expertise in marine OEM products and equipment.

MarineMax Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Thursday, January 25, 2024

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its first quarter ended December 31, 2023.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services company, today announced results for its first quarter ended December 31, 2023.
  • In fiscal 2024, we are focused on capturing further synergies and increasing the earnings power of MarineMax imbedded in the acquisitions we completed over the past several years.
  • The Company also is revising fiscal year 2024 Adjusted EBITDA1,2 guidance in the range of $190 million to $215 million.
  • MarineMax will discuss its fiscal 2024 first quarter financial results on a conference call starting at 10:00 a.m.

Yamaha Introduces New 350-Horsepower 4.3-Liter Offshore Outboard

Retrieved on: 
Wednesday, January 17, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117301949/en/
    Yamaha's new 4.3-liter F350 offshore outboard meets customer demand for horsepower diversity combined with premium-level performance and reliability.
  • The F350 is the perfect big power, light-weight option for a wide variety of applications,” said Ben Speciale, President, Yamaha U.S. Marine Business Unit.
  • Larger intake and exhaust valves and Variable Camshaft Timing (VCT) offer air flow advantage for the new Yamaha F350.
  • Yamaha Marine is the only outboard brand to have earned NMMA®’s C.S.I.

 Innovation Takes Center Stage as U.S. Boat Sales Cool Following COVID-Era Demand Surge

Retrieved on: 
Thursday, January 11, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240110609636/en/
    Personal watercraft are often a gateway to boating given their entry-level pricing and ease of use.
  • This is specifically driving propulsion technology innovation with boats running on sustainable marine fuels, hydrogen, electric and hybrid propulsion systems.
  • Recreational boating isn’t just for the one percent: 61% of boaters have an annual household income of $100,000 or less.
  • Leading the nation in sales of new powerboat, engine, trailer and accessories in 2022 were the following states:

Rep. Barry Loudermilk Visits Yamaha Marine Innovation Center

Retrieved on: 
Tuesday, January 9, 2024

Representative Barry Loudermilk (R-Georgia) visited the Yamaha Marine Innovation Center Jan. 8 in Kennesaw, Georgia.

Key Points: 
  • Representative Barry Loudermilk (R-Georgia) visited the Yamaha Marine Innovation Center Jan. 8 in Kennesaw, Georgia.
  • During the visit, Rep. Loudermilk toured the new 75,280 square foot facility, which houses the Yamaha Marine Connected Division as well as Yamaha U.S. Marine Development, Yamaha Marine Product Management and Yamaha Marine Technical Marketing.
  • View the full release here: https://www.businesswire.com/news/home/20240109198697/en/
    Ben Speciale, President, Yamaha U.S. Marine Business Unit, gave Rep. Barry Loudermilk (R-Georgia) a tour of the Yamaha Marine Innovation Center on Jan. 8.
  • Yamaha executives in attendance during Rep. Loudermilk’s visit to the Marine Innovation Center included Chrzanowski, Ben Speciale, President, Yamaha U.S. Marine Business Unit, Stephen Donnell, President, Yamaha Golf-Car Company, and Mike Martinez, President, Yamaha Motorsports Division.

Yamaha Marine Awards Scholarship to High-Performing Manatee Technical College Students

Retrieved on: 
Thursday, November 2, 2023

Yamaha Marine recently awarded a $1,250 scholarship to Nicholas Peduzzi, a high-performing marine service technology student at Manatee Technical College (MTC).

Key Points: 
  • Yamaha Marine recently awarded a $1,250 scholarship to Nicholas Peduzzi, a high-performing marine service technology student at Manatee Technical College (MTC).
  • The Yamaha Marine Scholarship at MTC provides an incentive for the next generation of Yamaha Marine technicians to attend MTC, become Yamaha certified and begin a career at a Yamaha Marine dealership.
  • View the full release here: https://www.businesswire.com/news/home/20231102292693/en/
    Yamaha Marine Scholarship recipient at Manatee Technical College, Nicholas Peduzzi, is working to become a certified Yamaha Marine Technician.
  • (Photo: Business Wire)
    “Manatee Technical College is proud to work with industry leaders such as Yamaha,” said Doug Wagner, Director, Manatee Technical College.

MarineMax Reports Fiscal 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Thursday, October 26, 2023

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal 2023 fourth quarter and full year ended September 30, 2023.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal 2023 fourth quarter and full year ended September 30, 2023.
  • “Fueled by consumer demand for the boating lifestyle, sustained premium-segment momentum and our strategic marketing expertise, we delivered record revenue and generated 8% same-store sales growth in the fourth quarter.
  • Adjusted EBITDA1 for the quarter ended September 30, 2023 was $42.6 million, compared with $68.4 million for the same period last year.
  • MarineMax will discuss its fiscal 2023 fourth quarter and full year financial results on a conference call starting at 10:00 a.m.

Europe Recreational Boat Market Insights 2023-2028: Key Vendors are Azimut-Benetti, Bombardier, Ferretti, Beneteau, & Sunseeker - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 24, 2023

The "Europe Recreational Boat Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Recreational Boat Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The dynamics of this market are influenced by factors like tourism trends, disposable income levels, and preferences for outdoor recreational activities.
  • Leading companies in this industry continually invest in technological advancements and product innovations to tap into the thriving European recreational boat market.
  • The European recreational boat market has witnessed substantial growth and increasing demand in recent years, making a significant impact on the region's economy and leisure industry.

Silence is golden: eFantom, Porsche’s first electric boat, is charged quickly and flexibly with ChargePost from ADS-TEC Energy

Retrieved on: 
Tuesday, October 17, 2023

It can then be quickly and conveniently charged at the marina with ADS-TEC Energy ChargePost.

Key Points: 
  • It can then be quickly and conveniently charged at the marina with ADS-TEC Energy ChargePost.
  • The eFantom from Frauscher and Porsche was unveiled to the public in early October in an exclusive presentation at Lake Garda.
  • The first edition of 25 units of eFantom will be available for delivery by Frauscher in 2024.
  • According to Philip Ruckert, “eBoot” (electric boat) Project Manager at Porsche, “ADS-TEC Energy is known for innovative thinking and German craftsmanship.