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What Opportunities Will 2022 Bring for the Boating Industry?

What Opportunities Will 2022 Bring for the Boating Industry?

The boating industry boomed massively in 2021 as people looked for new hobbies and activities to explore the great outdoors after the turmoil of 2020. New boat sales hit a 13-year high of 318,550 units in 2020, which is staggering when you consider where the market was ten years ago – only 178,000 were sold that year.

How to Become a Yacht Broker

How to Become a Yacht Broker

Although many of us dream of the day we can quit our jobs and go cruising, the balance in our retirement account may not allow for that just yet. For that reason, many people who love boats and know more than their fair share about them often entertain the idea of working in the marine business.

McCollough Yachts Has Completed its First Sale!

McCollough Yachts Has Completed its First Sale!

McCollough Yachts, a Brokerage, Design, and Engineering firm in Newport, RI, has completed its first sale. Concluding at S$4,800,000, McCollough Yachts Brokerage represented the Buyers in their purchase of FPB78 #3, formally known as IRON LADY II.

Why Prospects Ghost You and What to Do About It

Why Prospects Ghost You and What to Do About It

As salespeople, we’ve all had the situation where a decision-maker told us they were interested, asked us to follow-up at another time, and now after several follow-up calls and e-mails, we can’t get ahold of them and can’t get them to return our calls.

Brewer Yacht Sales Opens Second Location in South Carolina

Brewer Yacht Sales Opens Second Location in South Carolina

Brewer Yacht Sales is proud to announce the opening of its second South Carolina location at Charleston, inside Safe Harbor’s Charleston City Marina.

Massachusetts Marine Trades Association (MMTA) to host  HYBRID Business of Boating (BOB) Conference

Massachusetts Marine Trades Association (MMTA) to host HYBRID Business of Boating (BOB) Conference

The Massachusetts Marine Trades Association (MMTA) is pleased to announce it will host the annual Business of Boating (BOB) conference in person on Thursday, January 20, 2022, at Lakeview Pavilion, Foxboro, MA.

A Message from YBAA Executive Director JP Skov

I just wanted to take a moment to say thank you for your continued support of our association. We’ve all enjoyed strong market demand for the last couple of years, and according to the experts, we will have another fruitful year in 2022.

Intrinsic Yacht & Ship Becomes Exclusive Area Dealer for Spot Zero

Intrinsic Yacht & Ship is pleased to announce they have partnered with Spot Zero to provide exclusive sales and services of their products in the region. Partnering with Spot Zero will allow Intrinsic the chance to provide top-level service to boat owners in Ocean City, Baltimore, Annapolis, and the surrounding areas.

Increase Sales by Getting Back to Basics

The greatest in any field of endeavor has always been great at the basics. Vince Lombardi, the great Green Bay Packers coach, said football comes down to two things: blocking on offense and tackling on defense, and his great Packer teams spent 80% of their time on those in practice.

Welcome, McCollough Yachts, LLC

Welcome, McCollough Yachts, LLC

McCollough Yachts is a custom Yacht Design, Engineering, and Brokerage Firm located in Newport, Rhode Island, USA. Our specialty is luxury performance yachts that utilize cutting-edge technology.

Marina Holdings LLC Makes the Inc. 5000 List of America’s Fastest-Growing Private Companies

Marina Holdings LLC Makes the Inc. 5000 List of America’s Fastest-Growing Private Companies

NEW YORK, August 17, 2021 – Inc. magazine today revealed that Marina Holdings LLC, which is comprised of Yarmouth Boat Yard, Moose Landing Marina, and Freedom Boat Club of Maine, made their annual Inc. 5000 list of the nation’s fastest-growing private companies. This prestigious ranking represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.

Boat-Building Icon Leon Slikkers Retires from Tiara Yachts, Capping Legendary 75-Year Career in the Marine Industry

In a career that began with building wooden runabouts, Slikkers pioneered sport, sail, and pleasure boats with a focus on innovation, engineering excellence, and unparalleled commitment to quality.

Massachusetts Marine Trades Association Workforce Solutions Amendment Passes in the 2022 State Budget

Massachusetts Marine Trades Association Workforce Solutions Amendment Passes in the 2022 State Budget

Last week Governor Baker signed the 2022 state budget, which included $150,000 in funding for workforce development and career technical education initiatives within the recreational boating industry.

30,000 Grant from BankNewport Advances RI Marine Trades Association Foundation’s Fiberglass Vessel Recycling Pilot Project

30,000 Grant from BankNewport Advances RI Marine Trades Association Foundation’s Fiberglass Vessel Recycling Pilot Project

BankNewport and its OceanPoint Marine Lending division are pleased to announce that a $30,000 grant is awarded to the Rhode Island Marine Trades Association Foundation (RIMTA Foundation) has played a key role in the advancement of the Rhode Island Fiberglass Vessel Recycling Pilot Project.

Yacht Brokers Association of America, Inc. to Host Annual YBAA University in Annapolis, Maryland

Yacht Brokers Association of America, Inc. to Host Annual YBAA University in Annapolis, Maryland

YBAA-U offers yacht brokers and industry professionals the opportunity to network, participate in business presentations, technology sessions, and panel discussions while earning continuing education hours toward their Certified Professional Yacht Brokers (CPYB) exam.

YBAA Mourns Long-Time Member and Board Member, Vincent Morvillo

YBAA Mourns Long-Time Member and Board Member, Vincent Morvillo

YBAA is saddened to announce the passing of board member and friend Vincent "Vince" Morvillo, CPYB. Vincent Morvillo, Jr., of League City, passed away on Sunday, May 16, 2021 in Webster, Texas at the age of 75.

The Growie Group Releases the Jackline Insurance Program News & Updates!

The Growie Group Releases the Jackline Insurance Program News & Updates!

This informative brief provides an insurance market update, a word from our underwriters at Markel, a storm story from a fellow cruiser, and Eight Bells to commemorate the life of Al Golden, founder of the Jackline Program.

OceanPoint Marine Lending Announces the Formation of the Marine Construction Loan Program

OceanPoint Marine Lending Announces the Formation of the Marine Construction Loan Program

OceanPoint Marine Lending (OPML), a division of BankNewport is pleased to announce the introduction of a Marine Construction Loan Program to facilitate the build and purchase of high quality, industry-respected yachts.

Intrinsic Yacht & Ship Welcomes New Broker and Marketing Manager

Intrinsic Yacht & Ship Welcomes New Broker and Marketing Manager

Intrinsic Yacht & Ship (Intrinsic) is pleased to welcome two new employees to their growing staff. Blake Stephenson has joined the crew as a Yacht Broker and Nicole Esterson will be the Marketing Manager.

Annapolis Dealership Expands with New, Larger Service Shop

Annapolis Dealership Expands with New, Larger Service Shop

Intrinsic Yacht & Ship is pleased to announce their expansion into a new and larger service shop located close to their home office in Port Annapolis Marina. Located in CSI Marina on Edgewood Road, this new facility boasts an expansive working area across 2 bays.

Sponsorship & Advertising Opportunities

Sponsorship & Advertising Opportunities

YBAA is pleased to offer sponsorship packages to members that include year-round promotions on the YBAA website, newsletter, social media, education initiatives, and more.

CT Spring Boat Show Update

After consultation with CT State officials and last week's announcements from the Governor, we are looking at a 50% "capacity" allowance by the first day of our 2021 Show, Friday, April 30th. This of course is a projection, based on what the Governor said last Thursday as well as today, and will be subject to change if necessary.

Prestige Yacht Sales Brings on Two New Brokers

Prior to joining the Prestige Yacht Sales team, Whit enjoyed many successful seasons as Sales Manager at Rex Marine Center, the sister marina to Norwalk Cove. He has many years of experience navigating the waters from Norwalk to Cape Cod, where he kept his sport fishing boat.