Electric Boat Waterford Campus: $25M Groundbreaking at Former Crystal Mall One important clarification first: “Electric Boat” here is General Dynamics’ nuclear submarine division, which builds Columbia-class and Virginia-class submarines for the US Navy. The electric boat Waterford campus story has nothing to do with recreational boats, yachts, or the marine leisure industry. With that clear,…
$143-Billion “Boat”: The Indian Rupee Boat Metaphor Behind the Alert The “$143 bn boat” is not a boat at all. It is an Indian rupee boat metaphor borrowed from the film Jaws (“you’re gonna need a bigger boat”), used in an opinion piece about the Indian rupee and the Reserve Bank of India’s fight to…
The twin vee powercats merger has taken a new turn. Twin Vee PowerCats Co. and USFM Corporation have amended the merger agreement they first signed on July 12, 2026, in a deal that takes the Florida boat maker’s marine business private. The revised terms were announced on October 8, 2026 via ACCESS Newswire. Twin Vee…
Nimbus Reveals the Sport Coupe 35 Ahead of boot Dusseldorf 2027 Debut Swedish boat builder Nimbus Group has revealed the Sport Coupe 35, a new model that blends the speed and handling of a sport cruiser with the all-year comfort of a coupe. The Nimbus Sport Coupe 35 will make its world premiere at boot…
Why Buying a Boat in the Offseason Can Save You Money Buying a boat in the offseason, when demand drops and sellers are motivated, can mean better prices and a far less stressful purchase. As Wired2Fish reports, the colder months bring fewer buyers to the market, which gives you something rare in peak season: leverage….
Vision Marine Technologies Inc (NASDAQ: VMAR) has activated a floor plan financing facility with Northpoint Commercial Finance LLC to fund eligible boat inventory purchases across its wholly owned Nautical Ventures retail platform, the company announced on 6 October 2026. What the Northpoint facility covers The arrangement is a form of boat inventory financing known in…
MasterCraft Boat Holdings, one of the best-known American boat manufacturers, has been flagged as a bearish call by analysts at Zacks Investment Research after several earnings estimates for the company were cut. The “Bear of the Day” note, published on October 6, gives MasterCraft a Zacks Rank of 5, the firm’s “Strong Sell” rating, while…
Legacy Harbour Marina on the Caloosahatchee River in downtown Fort Myers is welcoming boaters back to its docks, nearly four years after Hurricane Ian destroyed the original facility. The marina rebuild cost around $15 million, and the first boats have now returned to their slips after construction that began in early 2025. The marina is…
The global recreational boat market is set for steady growth over the next six years, with new analysis valuing it at USD 37 billion in 2025 and projecting it to reach USD 49.81 billion by 2031. That represents a compound annual growth rate of 5.08 percent, according to analysis by Arizton reported via PRNewswire and…
Brunswick Corporation has completed its senior leadership lineup ahead of next year’s chief executive handover, naming new heads of its Navico Group electronics business, its Business Acceleration division and its enterprise technology organisation. All three appointments take effect on 1 January 2027. The three appointments The announcement, made on 29 September 2026, follows the previously…
Brunswick Corporation, the world’s largest maker of recreational boats and marine engines, has named Aine Denari as its next chief executive. Denari, who currently leads the company’s Navico Group marine electronics business and serves as Brunswick’s chief technology officer, will take the top job on 1 January 2027, succeeding David Foulkes, who is retiring at…
The US economy added just 29,000 jobs in September, roughly a third of what economists had forecast, while the unemployment rate ticked up from 4.1% to 4.2%. The soft report has economists pushing back their expectations for the Federal Reserve’s next interest rate rise, which could give boat loan rates some breathing room this autumn….
Half of Gen Z adults have received financial help from their parents in the past two years, and nearly four in ten say they would struggle to cover their living costs without it, according to a new LendingTree survey published on 28 September 2026. The survey, conducted by QuestionPro among 2,000 US consumers (including 594…