25 Feb

EPROPULSION HITS 200% SALES GROWTH IN 2021 AND PREDICTS 100% GROWTH IN 2022

Tim QueeneyIndustry & Company News
Somerset, N.J. – ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, has announced record sales revenue growth in 2021 and forecasts a strong outlook for 2022. Sales revenue increased 200% year-over-year in 2021, with over 15,000 units sold across the globe. The company estimates a further 100% growth rate in 2022 as more boat owners look to switch to more sustainable boating and convert to electric propulsion systems as commercial use and OEM applications grows. Europe and North America continue to be the two largest growing markets for ePropulsion moving into 2022, with the United…
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28 Jan

The 2022 Discover Boating Miami International Boat Show to be Featured in One-Hour Fox Sports Program

Ocean NavigatorIndustry & Company News, Press release
MIAMI, FL (JANUARY 27, 2022) – Today, a new programming collaboration was announced ahead of the 2022 Discover Boating Miami International Boat Show, which will be returning to the Miami Beach Convention Center – powered by West Marine – and four additional locations from Wednesday, February 16th through Sunday, February 20th for a Presidents Day weekend boating extravaganza.   Short Shoot – a Los Angeles based entertainment company – will create and produce the program to air on FOX Sports. “We are thrilled to team with FOX Sports and Short Shoot for the 2022 Discover Boating Miami International Boat Show,” said…
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25 Jan

IMTRA Sells Business to Employees Through ESOP Creation

Ocean NavigatorIndustry & Company News, Press release, , , ,
New Bedford, Mass. – IMTRA, the leading manufacturer and importer of quality solutions and products for the marine, energy and transportation markets, announced today it has sold 100% ownership rights of the company to its employees through an Employee Stock Ownership Plan (ESOP). Making a compelling alternative to other sale events such as private equity or strategic sale, ESOPs allow the leadership team to stay in place while providing a competitive return for the shareholders without the potential challenges that often come with a change in control of a closely held business. The two members of the management team that were…
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05 Jan

EXCITING CHANGES AT NEWPORT EXHIBITION GROUP

Tim QueeneyIndustry & Company News, Press release
Newport, R.I. – Newport Exhibition Group, owners and producers of the Newport International Boat Show (NIBS), announced today that after leading the Show for over two decades, Nancy Piffard, show director, is retiring. Desiring a continuity of leadership, Lisa Knowles, who has been the Show’s senior sales manager, has been promoted to replace Piffard. To ensure a streamlined transition Piffard will continue in a consulting role through early spring. “After celebrating NIBS’ 50th Anniversary, it felt like the right time for me to leave the Show in the team’s capable hands,” said Piffard. “To everyone I have worked with, my co-workers,…
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31 Dec

Boating media scholarship

Ann HoffnerIndustry & Company News
The Boating Writers International (BWI) Active Interest Media Boating Journalist Scholarship was created to honor undergraduate college students who demonstrate a passion for the field of boating media. Applications for this year may be downloaded at www.bwi.org/scholarship-fund and will be accepted through January 15, 2022. If you know a deserving college student who would like to pursue a career in boating journalism, photography, video, broadcasting, film, or art, please encourage them to apply. Judges will look for applicants with talent, promise and firsthand knowledge of the boating life. To be considered for the $3,000 award, deliver applications to 4599 Deep River…
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ePropulsion U.S. Sales Driven by Successful Dealer Expansion Program and EVO Series Intro
20 Dec

ePropulsion U.S. Sales Driven by Successful Dealer Expansion Program and EVO Series Intro

Ocean Navigator StaffIndustry & Company News, Press release
Somerset, N.J. – ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, announced today tremendous growth in sales in the U.S. market. Driven by their model year 2021 product launch in January and an intense focus on expanding their dealer network, ePropulsion has grown its U.S. dealer network by 60% in 2021. This combined with an interest by the boating public in ePropulsion and renewable and sustainable electric propulsion has resulted in year-over-year sales increase for all ePropulsion motors of over 200% and sales of the Spirit series has quadrupled. “We are thrilled by the increased…
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Seattle Boat Show celebrates 75 years of boating in the Pacific Northwest
15 Dec

Seattle Boat Show celebrates 75 years of boating in the Pacific Northwest

Ocean Navigator StaffIndustry & Company News, Press release, , , ,
SEATTLE – December 15, 2021. When the Seattle Boat Show sails into town on Feb. 4, 2022, it will be the 75th anniversary of what began modestly in 1947, with 13 marine dealers pitching a tent on the shores of Lake Union. From those humble beginnings, it has grown into one of the most important boat shows in the country. The 75th Anniversary show, which runs through February 12, will feature 255 exhibitors with more than 800 new and brokerage boats—indoors at Lumen Field Event Center and on the water at Bell Harbor Marina—and the latest in marine accessories and…
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22 Oct

ePropulsion Announces New Marketing Director and Service Team Members

Harry HungateIndustry & Company News, Press release
Somerset, N.J. – ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, announced today it has expanded its management staff to include the hire of new marketing director and head of Hong Kong office, Rita Li. Chang Zhao has expanded her role from CMO and is now responsible for all marketing, sales and service for the company. In addition to expanding the marketing and executive management team, the ePropulsion service staff has doubled to better serve their customers around the world. Li brings over nine years of progressive marketing and management experience to the position. She…
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20 Oct

COAST GUARD FOUNDATION ANNOUNCES MATCHING GIFT CHALLENGE

Harry HungateIndustry & Company News, Press release
Stonington, Conn. — The Coast Guard Foundation, a non-profit organization committed to strengthening the Coast Guard community and service by supporting members and families, announced today that thanks to a gift from Dede D’Arcy, in memory of her husband Bro D’Arcy, donations to the Foundation through October 31 will be tripled, up to $100,000. This special matching gift campaign supports health, fitness and morale projects that help Coast Guard members maintain their physical and mental health, wherever they are deployed. “We are honored to offer this fall’s triple match challenge in honor of our dear friend, Bro D’Arcy,” said Susan Ludwig, Coast…
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Icom’s M605 Wins Fifth Year in A Row
30 Sep

Icom’s M605 Wins Fifth Year in A Row

Harry HungateIndustry & Company News, Press release
KIRKLAND, Wash. (September 2021) – At this year’s NMEA Product of Excellence Awards Banquet, Icom’s M605 was presented the Marine VHF of the Year award for the fifth year in a row, keeping our eight-year streak alive. The M506 previously received this award from 2014 – 2016. The M605 is not just a radio. It is an on-board communications system that allows smooth operation essentially anywhere on the vessel. By being able to remotely control up to three controllers with the HM-195 series COMMANDMIC™, the M605 gives boaters flexibility and never have to be tied to one station again. The reason…
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