Powerboating

Yamaha Motor Corporation, U.S.A. Purchases Saltwater Test Facility in Florida

Retrieved on: 
Thursday, August 24, 2023
Commercial Building & Real Estate, Construction & Property, Sports, Maritime, Water Skiing, Engineering, Transport, Manufacturing, Powerboating, Marketing, WaveRunner, Yamaha Motor Company, USCG, Environment, Shipbuilding, U.S.A, Yamaha

Yamaha Motor Corporation, U.S.A. has purchased Fort George Island Marina in Duval County, Florida, with the intention of converting the existing facility into the Yamaha Offshore Endurance Center (YOEC), which will serve as a testing center for Yamaha Marine products including outboards, sport boats and WaveRunners®.

Key Points: 
  • Yamaha Motor Corporation, U.S.A. has purchased Fort George Island Marina in Duval County, Florida, with the intention of converting the existing facility into the Yamaha Offshore Endurance Center (YOEC), which will serve as a testing center for Yamaha Marine products including outboards, sport boats and WaveRunners®.
  • It also supports Yamaha Marine global testing plans by expanding opportunities to develop products,” said Ben Speciale, President, Yamaha U.S. Marine Business Unit.
  • In addition, Yamaha recently finalized the construction of a new Marine Innovation Center in Kennesaw, Georgia, a 75,280 square foot facility which now houses the Yamaha Marine Connected Division as well as Yamaha U.S. Marine Development, Yamaha Marine Product Management and Yamaha Marine Technical Marketing.
  • Yamaha plans to begin renovations on the saltwater test facility in Duval County in the third quarter of 2023.

Salt Life Partners With American Red Cross for Hawaii Wildfire Relief

Retrieved on: 
Wednesday, August 23, 2023
Other Retail, Other Consumer, Fund Raising, Foundation, Women, Seniors, Fashion, Retail, Water Skiing, Men, Yachting, Natural Disasters, Swimming, Family, Surfing, Sailboarding, Consumer, Sailing, Online Retail, Philanthropy, Powerboating, Outdoors, Environment, Textiles, Climate Change, Fishing, Manufacturing, Other Philanthropy, Sports, Turning Point (Chuck Wicks album), American Red Cross, Heart, Sale, Food, Hope, Fire, NYSE, Clothing, International Red Cross and Red Crescent Movement, Hotel

The gross profit of $18 from the sale of each shirt will go directly to the American Red Cross, offering aid, food, and shelter to those impacted by the fires.

Key Points: 
  • The gross profit of $18 from the sale of each shirt will go directly to the American Red Cross, offering aid, food, and shelter to those impacted by the fires.
  • "Our hearts are with the people of Maui as they navigate this devastating tragedy," said Jeff Stillwell, President of Salt Life.
  • Red Cross teams are providing evacuees with a safe place to stay, food to eat and emotional support during this challenging time.
  • To donate funds of your choosing, visit Salt Life’s online American Red Cross donation portal HERE .

Global 40-Ft Electric Boat Industry Outlook 2023-2030: Asia-Pacific's Tourism Surge Sparks Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, August 18, 2023
Maritime, Transport, Sports, Powerboating, Leisure, Tourism, COVID-19, International Maritime Organization, Economics, Sulfur, Wind, San Juan Islands, IMO, State, Bureau of Economic Analysis, Growth, Superpower, Airline

The global 40-ft electric boat market is set to undergo remarkable growth, projected to leap from US$ 1.7 billion in 2022 to an impressive US$ 4.9 billion by 2030.

Key Points: 
  • The global 40-ft electric boat market is set to undergo remarkable growth, projected to leap from US$ 1.7 billion in 2022 to an impressive US$ 4.9 billion by 2030.
  • The region's increasing development of electric boat charging infrastructure, exemplified by Aqua superPower's marine fast-charging installation at Tahoe City Marina in June 2022, is a driving force for market growth.
  • This combination of growing tourism and enhanced charging infrastructure is propelling the 40-ft electric boat market in North America.
  • As tourism continues to surge in the region, demand for the 40-ft electric boat market is expected to follow suit.

Yamaha Unveils 1.9L Engine for Boats and WaveRunners®, New 25' Center Console with Helm Master® EX, and Expands DRiVE X® to 252SD and 255XD Models

Retrieved on: 
Monday, August 14, 2023
Sports, Manufacturing, Other Consumer, Maritime, Transport, Millennials, Generation Z, Engineering, Consumer, Machinery, Powerboating, Acceleration, Plastic, High, Jetboat, Life, Watercraft, CNF, Torque, Drive, Multimedia, Carbon, High-output heart failure, National Marine Fisheries Service, WaveRunner, EX, Car, Personal watercraft, Shipbuilding, Electric motor, Yamaha

In addition to the new model, Yamaha also expanded its DRiVE X low-speed handling feature to include the 25-foot 252SD and 255XD boats.

Key Points: 
  • In addition to the new model, Yamaha also expanded its DRiVE X low-speed handling feature to include the 25-foot 252SD and 255XD boats.
  • (Photo: Business Wire)
    A new 1898cc, four-stroke, four-cylinder, 16-valve High Output marine engine replaces the Yamaha 1.8L High Output motor that powered select Yamaha boats and WaveRunners.
  • The engine cover is also one of the first Yamaha-manufactured parts to include plant-derived cellulose nanofiber (CNF) reinforced resin.
  • Helm Master EX allows the driver to move the boat forward, reverse, laterally, and rotationally with just one hand on the joystick.

Siren Marine Becomes Standard IoT Solution on Select 2024 Grady-White, Regulator, Suncatcher by G3 and Skeeter Boat Models

Retrieved on: 
Tuesday, August 8, 2023
Technology, Mobile, Wireless, Apps, Applications, Maritime, 5G, Transport, Sports, Other Technology, IOT (Internet of Things), Telecommunications, Powerboating, Internet, Hardware, Consumer Electronics, Trident, Maintenance, Friends, Smartphone, Internet of things, Connected, Multimedia, CLP, Yamaha Motor Company, EX, Marine, NMEA, DEC, Connectivity, Siren, Apple, USCG, Family, Whaling, Video game, Canal, Mobile phone, Kerosene, U.S.A, Yamaha

Siren Marine’s flagship IoT device, the Siren 3 Pro, is now standard equipment on select 2024 model year boats from Grady-White®, Regulator® Marine, SunCatcher® by G3® and Skeeter®.

Key Points: 
  • Siren Marine’s flagship IoT device, the Siren 3 Pro, is now standard equipment on select 2024 model year boats from Grady-White®, Regulator® Marine, SunCatcher® by G3® and Skeeter®.
  • View the full release here: https://www.businesswire.com/news/home/20230808534099/en/
    Siren Marine’s flagship IoT device, the Siren 3 Pro, is now standard equipment on select 2024 model year boats from Grady-White®, Regulator® Marine, SunCatcher® by G3® and Skeeter®.
  • With a Siren Marine Subscription, customers have full access to the Siren 3 Pro from the Siren Marine mobile app.
  • For builders shipping Siren hardware standard, Siren Trident allows easy verification of compatibility between installed CLP rigging components following assembly, service or repower.

MarineMax Reports Fiscal 2023 Third Quarter Results

Retrieved on: 
Thursday, July 27, 2023
Retail, Luxury, Sports, Powerboating, Specialty, Yachting, HZO, NYSE, IGY, EPS, International, Acquisition, Video game, Adjustment

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal third quarter ended June 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 third quarter ended June 30, 2023.
  • “Capitalizing on our strong balance sheet, in the quarter we also added C&C Boat Works of Minnesota to the MarineMax family.
  • Adjusted EBITDA1 for the quarter ended June 30, 2023 was $83.5 million, compared with $105.5 million for the same period last year.
  • MarineMax will discuss its fiscal 2023 third quarter results and outlook on a conference call starting at 10:00 a.m.

Boatsetter Is Changing the Face of Boating as More Women, Millennials and Gen Z Take to the Water

Retrieved on: 
Thursday, July 27, 2023
Sports, Transportation, Technology, Travel, Maritime, Transport, Apps, Applications, Software, Internet, Powerboating, Outdoors, Database, Male, Woman, USCG, Gen, Multimedia, Face, Water, Renting, Self storage

Delivering on its mission to make boating accessible to everyone, everywhere, Boatsetter , the leading marketplace for on-water experiences and boat rentals nationwide, is changing the face of boating.

Key Points: 
  • Delivering on its mission to make boating accessible to everyone, everywhere, Boatsetter , the leading marketplace for on-water experiences and boat rentals nationwide, is changing the face of boating.
  • This summer, the company is reporting that more women, millennials, and Gen Zers are renting boats than ever before.
  • View the full release here: https://www.businesswire.com/news/home/20230727125478/en/
    This summer, Boatsetter is reporting that more women, millennials, and Gen Zers are renting boats than ever before.
  • To date, Boatsetter has gotten more than one million boaters and boat owners alike to discover the endless possibilities the water provides.

MarineMax Expands Financial Flexibility For Continued Growth

Retrieved on: 
Thursday, July 13, 2023
Powerboating, Sports, Luxury, Retail, Specialty, HZO, NYSE, Growth, Primary Dealer Credit Facility, M&T Bank

MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht, and superyacht services company, today announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the Company’s liquidity and financial flexibility for the future.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world’s largest recreational boat, yacht, and superyacht services company, today announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the Company’s liquidity and financial flexibility for the future.
  • “The expansion of our floor plan facility, as provided by the accordion feature of our credit facilities, underscores the success of our growth strategy and the strength of our balance sheet,” said Michael H. McLamb, Executive Vice President, Chief Financial Officer and Secretary of MarineMax.
  • “This increase is consistent with our historical practice of augmenting floor plan capacity as needed for growth.
  • Other than the increased capacity of the floor plan facility, all other terms of the Company’s senior secured credit facilities (the “Credit Facilities”) remain unchanged, including the maturity date of August 2027.

Global Powersports Market to 2030: Players Include Kawasaki Heavy Industries, Yamaha Motor, BRP, Arctic Cat and KTM - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 11, 2023
Off-Road Trucks & SUVs, General Automotive, Retail, Extreme Sports, Automotive Manufacturing, Water Skiing, Manufacturing, Automotive, Sports, Powerboating, Outdoors, Motor Sports, Specialty, Performance & Special Interest, Powersports, Urbanization, Maintenance, SEMA, Original equipment manufacturer, Model, ATV, MEA, USD, Application, Plant growth analysis, Motorcycle, Transport, Bridge, Television

The global powersports market includes various vehicles such as ATVs, snowmobiles, personal watercraft, and motorcycles.

Key Points: 
  • The global powersports market includes various vehicles such as ATVs, snowmobiles, personal watercraft, and motorcycles.
  • The market is driven by factors such as increasing disposable incomes, recreational activities, and the growing popularity of powersports vehicles.
  • The market is highly competitive, with players focusing on innovation and product differentiation to gain a competitive advantage.
  • Consequently, the proliferation of product accessories will likely result in higher profitability for OEMs, which will positively impact the expansion of the powersports market.

Yamaha Marine Precision Propellers Expands Greenfield Facility

Retrieved on: 
Wednesday, June 28, 2023
Sports, Other Manufacturing, Machinery, Engineering, Powerboating, Maritime, Transport, Manufacturing, State, Foot, Multimedia, Yamaha Motor Company, USCG, Shipbuilding, U.S.A, Yamaha

Yamaha Marine Precision Propellers, a division of Yamaha Marine Systems Co., Inc. (YPPI), placed the final beam on a new 110,000 square foot expansion of its current facility in Greenfield, Ind.

Key Points: 
  • Yamaha Marine Precision Propellers, a division of Yamaha Marine Systems Co., Inc. (YPPI), placed the final beam on a new 110,000 square foot expansion of its current facility in Greenfield, Ind.
  • View the full release here: https://www.businesswire.com/news/home/20230628600917/en/
    Yamaha Marine Precision Propellers celebrated a new 110,000 square foot expansion in Greenfield, Indiana.
  • Senator Braun), Dan Riley (Greenfield City Council), Jason Davidson (Yamaha Marine Precision Propellers), Batuhan Ak (Yamaha Marine Precision Propellers), Mark Tracy (Yamaha U.S. Marine Business Unit), Bill Boehman (Yamaha U.S. Marine Business Unit), David Harner (Yamaha Marine Precision Propellers), Chiyo Takashi (Yamaha Marine Precision Propellers), State Senator Michael Crider, State Representative Bob Cherry, Stuart Ikagawa (Yamaha Motor Corporation U.S.A.), Yuki Takahashi (Yamaha Motor Corporation U.S.A.) (Photo: Business Wire)
    “When we built our first facility in Greenfield, we knew there was room for expansion and now we’re excited to bring all of our propeller manufacturing processes to one campus,” said Batuhan Ak, General Manager, YPPI.
  • The unit includes manufacturing subsidiaries and divisions of Yamaha Marine Systems Co., Inc., including Kracor of Milwaukee (rotational molding), Bennett Marine of Deerfield Beach, Fla. (trim tabs), Siren Marine, Inc. of Newport, RI (Connected Boat) and Yamaha Marine Precision Propellers of Indianapolis (stainless steel propellers).