NMMA: ‘No way to weather the storm’ with 25 percent tariff
July 9, 2018
Nearly 300 marine-related products will immediately cost 25 percent more.
Nearly 300 marine-related products will immediately cost 25 percent more.
The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.
Victory Yacht Sales, a subsidiary of Victory Marine Holdings (OTCPK:VMHG) has completed its merger and unveiled a new trading symbol.
Statistics for 2017 show that the superyacht market in Holland grew by almost eight percent over the previous year, as deliveries increased from 21.6 percent to 30 percent.
West Marine will sponsor Sail Newport’s Stars and Stripes Spring Celebration party tomorrow night at the Ocean Race Club in Newport, R.I.
The International Council of Marine Industry Associations Large Yacht Working Group met April 24 and 25 in Barcelona, Spain, to further develop existing approved ISO work items and revise published large-yacht standards.
The National Marine Manufacturers Association Canada headed to Ottawa on April 25 to take part in a total of 37 meetings with Canadian government officials in the annual “Day On the Hill.”
Lauderdale Marine Center has received Production Authority under its existing Foreign Trade Zone. Provided by the U.S. Customs & Border Protection, the designation is the first of its kind in the recreational marine industry and it allows work to be performed on international vessels while they are in the FTZ.
The International Council of Marine Industry Associations Marine Engine Committee has appointed Jeff Wasil, of BRP and Evinrude, as its chairman and Tom Tveitan, senior engineer at Volvo Penta vice chair.
The International Council of Marine Industry Associations’ World Marinas Conference, which will be held in Athens, Greece, Oct. 25-27, has released program details and opened registration.
Nearly 300 marine-related products will immediately cost 25 percent more.
The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.
Victory Yacht Sales, a subsidiary of Victory Marine Holdings (OTCPK:VMHG) has completed its merger and unveiled a new trading symbol.
Statistics for 2017 show that the superyacht market in Holland grew by almost eight percent over the previous year, as deliveries increased from 21.6 percent to 30 percent.
West Marine will sponsor Sail Newport’s Stars and Stripes Spring Celebration party tomorrow night at the Ocean Race Club in Newport, R.I.
The International Council of Marine Industry Associations Large Yacht Working Group met April 24 and 25 in Barcelona, Spain, to further develop existing approved ISO work items and revise published large-yacht standards.
The National Marine Manufacturers Association Canada headed to Ottawa on April 25 to take part in a total of 37 meetings with Canadian government officials in the annual “Day On the Hill.”
Lauderdale Marine Center has received Production Authority under its existing Foreign Trade Zone. Provided by the U.S. Customs & Border Protection, the designation is the first of its kind in the recreational marine industry and it allows work to be performed on international vessels while they are in the FTZ.
The International Council of Marine Industry Associations Marine Engine Committee has appointed Jeff Wasil, of BRP and Evinrude, as its chairman and Tom Tveitan, senior engineer at Volvo Penta vice chair.
The International Council of Marine Industry Associations’ World Marinas Conference, which will be held in Athens, Greece, Oct. 25-27, has released program details and opened registration.
