MARINE BUSINESS NEWS UPDATE
NEWS UPDATE
21 October 2022
Publishers note
It is a special time for Marine Business News, with tomorrow (22 October) being the first anniversary of our launch.
Whilst this masthead originally started back in 1989, the relaunch with new owners, in a new format, occurred last year. The transition from Yaffa Media to my business was smooth and I was moved by the support I had from the Yaffa team during the transition period.
It wasn’t hard. Two parties coming together with cordial conversation. A mutual desire for success, and here we are now.
Speaking of success, it is hard not to mention Michelle Lee, out there somewhere in the Pacific rowing mostly 14 hours a day. She was very chirpy a few days back and wrote about her situation. I hope you enjoy the read.
Sadly, the latest attempt for a merger between the BIA’s has faltered. On Wednesday BIA Victoria announced the proposed merger would not go ahead. Only hours later, this was confirmed by BIA Ltd in their own somewhat similar statement.
Tomorrow Marine Business News will celebrate our birthday with an ale or two, and we look forward to continuing to bring industry news to you, for many more years to come.
We invite you to visit our webpage for many more stories not seen in this newsletter as well as links to resources, photo libraries, reviews, our international industry events calendar, and our jobs board.
Our newsroom is open, and if your business has news to share, please let us know. Feel free to contact me or our team in the newsroom at newsroom@marinebusinessnews.com.au
Stay safe on the water,
Domenic Genua - Publisher
Michelle Lee’s Journey
Michelle Lee’s epic journey from the west coast of Mexico to Sydney Harbour was a wild dream, now into its 64th day of becoming a reality. Michelle loves to share her thoughts. This is what she had to say…
Boating Industry Academy: Industry Partners and Open Day update
The BIA has welcomed Stella Marine, Lightwave Yachts, Telwater, Riviera and Gold Coast City Marina as Industry Partners of the Boating Industry Academy. These businesses are part of a growing cohort of members putting their support behind the project delivering a pipeline of talent for the industry.
BIA Victoria merger with BIA Ltd called off
On behalf of the BIAV Board, the President Eleni Savva has announced that the proposed merger with BIA Ltd will not go ahead. The due diligence process in relation to the possibility of merging with BIA Ltd continued in earnest during the August to October period. This process has resulted in the BIAV Board coming to the decision not to proceed with the merger process at this stage.
BIA confirm ‘Merger plans on hold’
BIA Ltd have responded to the earlier announcement from BIA Victoria that merger talks had stalled.
The BIA Ltd’s statement read as follows.
BIA Victoria and BIA Ltd will not be proceeding with the current proposal to merge.
Riviera Australia makes Boat Builder Awards shortlist
A total of 36 companies from 16 countries named as potential winners for this year’s Boat Builder Awards for Business Achievement 2022, in association with Raymarine.
National Finalists Announced for Para Sailor of the Year
Three outstanding sailors from across Australia have been announced as national finalists in the Para Sailor of the Year category, with the winner to be announced at the Australian Sailing Awards on November 4.
In the USA new boat sales dip below pre-pandemic levels through July
The NMMA reports new powerboat sales year-to-date were at 187,000 units through July, down 18 percent from the same period in 2021. While overall new powerboat sales decreased 11 percent compared to January through July in pre-pandemic 2019, several categories continue to outpace pre-pandemic YTD sales levels, including new pontoons, wake sport boats and yachts.
GCCM becomes founding industry partner of the Boating Industry Academy
Gold Coast City Marina & Shipyard have announced they are one of the founding Industry partners of the new Boating Industry Academy.
Delivering Better Boating For Inland Lakes
The Andrews Labor Government is boosting accessibility at two popular inland boating locations in Gippsland to ensure every Victorian can enjoy a day out on the water.
Brunswick Corporation Named to the 2022 Forbes “World’s Best Employers” list for Third Consecutive Year
For the third consecutive year, Brunswick Corporation has been named by Forbes and Statista to the 2022 list of World’s Best Employers. Among the thousands of global companies surveyed for this honour, Brunswick ranked in the top 15 percent of all organisations, placing No. 104 of 800 companies overall – an improvement of 12 positions compared to 2021.
Purpose and impact report: How SailGP is reducing its carbon footprint
SailGP has revealed the definitive action taken to reduce its carbon footprint in the league’s first Purpose and Impact Report, an honest and transparent document showing sport’s role in climate action.
Australia’s Incat Crowther and Birdon America awarded us Coast Guard Contract
Australian Digital Shipbuilder Incat Crowther has supported with Birdon America Inc. with designs for 27 new Waterways Commerce Cutters (WCCs) to the U.S. Coast Guard (USCG).
