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Boat Show a Great Place to Find Luxury Homebuyers

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Annual Fort Lauderdale International Boat Show underway


FORT LAUDERDALE, Fla. –

The annual boat show underway in Fort Lauderdale held a special preview Thursday.

Boats, yachts, watercraft as far as the eye can see cover seven locations and over 3 million square feet of space. The Fort Lauderdale International Boat Show is now in its 55th year, and crowds are bigger than ever with 100,000 people expected over the next five days.

The folks that attend the show aren’t just here to watch.

Christopher Hill is the captain of the Sheer Bliss — a 75-foot motor yacht up for grabs at a cool $1.2 million.

“We’ve had people from Fort Lauderdale, Chicago and Little Rock, Arkansas. All of them were serious buyers,” said Hill. “It’s a beautiful boat to take out to the Bahamas. It’s got all the toys, jet skis and kayaks.”

At the very least, this baby attracts the pretty girls. Katie Talan is finalist on Slovakia’s “X-Factor.” She thinks it’s the perfect setting for her next video.

But even if you left your sea legs at home, there are plenty of luxury cars and even helicopters to buy. Dreams of flying over South Florida traffic makes one helicopter tempting transportation.

“Fit six in the back, one passenger and the pilot right here,” said Jeff Angelos, of Bell Helicopter.


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Off and Sailing

The Volvo Ocean Race 2014-’15 began October 11 and finishes next June in Gothenburg, Sweden, by way of the ends of the earth.
    By then, the seven boats will have sailed 38,739 miles from Alicante, Spain, visiting 11 ports on five continents.
    Newport, Rhode Island, their seventh port, brings them closest to us, early next May.
    The seven entries come from around the world — United Arab Emirates, China, Turkey and four from Europe — but not from the Americas.
    However, the Turkish boat Alvimedica features an American skipper, Charlie Enright — out of Bristol, Rhode Island — and a fired-up supporting cast of young U.S. sailors.
     Enright is living his dream, conceived in 2006 with a university buddy, team general manager and member Mark Towill.
    “We met during the trials for the Morning Light project. We both considered that project to be the beginning of our dream, which is the Volvo Ocean Race,” Enright writes.
    This race keeps the best sailors in the world coming back for more thrills and punishment. Veteran skippers Bouwe Bekking, Ian Walker and Chris Nicholson are back at the helms, each trying to win his first Volvo. Crew lists read like a who’s-who of international sailing champs.
     But the crew to watch — and my personal favorite — are the women on the Sweden’s SCA. For the first time in over 10 years, there is an all-women crew, including Wisconsin native Sally Barkow. Barkow competed in the Beijing Olympic Games, was twice named the U.S. Rolex Yachtswoman of the Year and has raced J-boats on the Chesapeake Bay for many years. The women have already proved their strength and prowess by beating the men through the Straits of Gibraltar and out into the Atlantic Ocean by 21 miles on the opening leg.
    This year, all seven boats are the same. The new one-design boat for the next two editions of the Volvo Ocean Race is the brainchild of Farr Yacht Design in Annapolis, with a consortium of four boatyards building the boats: Green Marine in the United Kingdom, Decision in Switzerland, Multiplast in France and Persico in Italy.
    The world’s leading sail maker, North Sails, also with an Annapolis pedigree, is outfitting the new Volvo Ocean 65 one-design class.
     The game board has finally been leveled, and we can expect some serious close-order sailing where skill — rather than the best boat and sails — will, for the first time, determine the winner.
    What is it like to race on a 65-foot-long boat, getting bounced around the oceans of the world for almost a year? That is the journey I intend to write about for the next nine months in my fourth time covering the Volvo Ocean Race.


Follow the race at www.volvooceanrace.com.

To be part of the race, check out the Virtual VOR at: www.virtualregatta.com. Racing my virtual boat Cave Dawg, I am one of 70,000 competitors.


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Fort Lauderdale boat show opens to crowds

The 55th Fort Lauderdale International Boat Show opened Thursday to glorious weather and curious crowds.

Spectators lined the area around the Bahia Mar Fort Lauderdale Beach hotel, one of seven show sites.

Organizers expect larger crowds this year for a show that has grown in size and prominence. Online ticket sales have been strong. Attendance is forecast at 100,000 over five days.

About 1,500 boats will be on display through Monday. Increased boat sales locally and nationally are fanning exhibitors’ enthusiasm for the show.

The weather forecast calls for temperatures in the high 70s and low 80s, with clear or partly cloudy skies throughout the show.

 

Copyright © 2014, Sun Sentinel


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Chaparral, Robalo parent reports 9.7 percent sales drop

Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended September 30, 2014.  Marine Products is a leading manufacturer of fiberglass boats under two brand names: Chaparral and Robalo. Chaparral builds sterndrive, outboard and jet drive pleasure boats, including H2O Sport and Fish Ski Boats, SSi and SSX Sportboats, Sunesta WT Sportdecks, Signature Cruisers, SunCoast Sportdeck and Vortex Jet Boats.  Robalo builds outboard sport fishing boats which include center console, dual console, walkaround cabin and bay boat models.

For the quarter ended September 30, 2014, Marine Products generated net sales of $37,932,000, a 9.7 percent decrease compared to $41,989,000 in the same period of the prior year.  The decrease in net sales was due to lower unit sales of our Chaparral model lines during the quarter as compared to the prior year, partially offset by increased unit sales of our Robalo models as well as increased sales of our Vortex Jet Boats, which we introduced during the first quarter of 2014.  Average selling prices also declined due to changes in the model mix in several of our Chaparral models during the quarter as compared to the prior year.

Gross profit for the quarter was $6,967,000, or 18.4 percent of net sales, a 9.9 percent decrease compared to gross profit of $7,731,000, or 18.4 percent of net sales, in the same period of the prior year. Gross profit for the third quarter declined compared to the prior year due to lower net sales.

Operating profit for the quarter was $2,576,000, a decrease of 7.9 percent compared to $2,796,000 in the third quarter of last year due to lower gross profit, partially offset by lower selling, general and administrative expenses.  Selling, general and administrative expenses decreased by 11.0 percent to $4,391,000 in the third quarter of 2014 compared to $4,935,000 last year due to lower warranty expenses, which vary with sales, as well as costs that vary with sales and profitability, such as incentive compensation and sales commissions. As a percentage of net sales, these expenses were approximately the same in the third quarter of 2014 and the third quarter of 2013. Interest income was $116,000 during the third quarter of 2014, an increase compared to $83,000 during the third quarter of 2013. Interest income increased during the quarter due to a higher average cash and marketable securities balance as well as higher returns on our marketable securities during the third quarter of 2014 compared to the prior year.

Net income for the quarter ended September 30, 2014 was $1,882,000, compared to net income of $2,002,000 for the third quarter of 2013, a decrease of 6.0 percent.  Diluted earnings per share were $0.05 in the third quarters of both 2014 and 2013.

Net sales for the nine months ended September 30, 2014 were $133,609,000, an increase of 4.0 percent compared to the first nine months of 2013.  Net income for the nine-month period was $6,873,000 or $0.18 earnings per diluted share, compared to net income of $5,386,000, or $0.15 earnings per diluted share in the prior year.

Richard A. Hubbell, Marine Products’ President and Chief Executive Officer stated,  “Our consolidated net sales declined during the third quarter of 2014 compared to the prior year due to a compressed retail selling season.  Although retail sales improved towards the end of the season, we maintained lower production levels so that our dealers would be ready to accept our 2015 models.  Unit sales of most of our Chaparral models declined during the quarter, but our Robalo model unit sales increased.  Also, we continue to be pleased with the reception of our new Vortex Jet Boat.  Vortex unit sales during the third quarter increased compared to the second quarter, and we continue to increase production of that new model as well as adding two larger models to the 2015 model year lineup.

“The market shares of both Chaparral and Robalo continue to grow as of the most recent reports.  For the 12 months ended June 30, 2014, Chaparral increased its market share to 14.0 percent, and maintained its position as the largest U.S. sterndrive boat manufacturer.  Robalo’s market share also grew within its segment to 3.1 percent for the same period.   At the end of the third quarter, our dealer inventories were lower, and order backlog was higher, than at the end of the second quarter.  Based on these strong indicators as well as a favorable response from our dealers during our recent annual dealer conference, we are increasing production during the fourth quarter,” said Hubbell.

Marine Products Corporation will hold a conference call today, October 29, 2014 at 8:00 a.m. Eastern Time to discuss the results for the quarter.  Interested parties may listen in by accessing a live webcast in the investor relations section of Marine Products’ website at www.marineproductscorp.com.  The live conference call can also be accessed by calling (888) 430-8705 or (719) 325-2463 and using the conference ID #2692838.  A replay of the conference call will be available in the investor relations section of Marine Products’ website beginning approximately two hours after the call.

Marine Products Corporation (NYSE: MPX) designs, manufactures and distributes premium-branded Chaparral sterndrive and jet drive pleasure boats, and Robalo sport fishing boats and continues to diversify its product lines through product innovation and is prepared to consider strategic acquisition targets.  With premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and to generate superior financial performance to build long-term shareholder value.  For more information on Marine Products Corporation visit our website at www.marineproductscorp.com.

Certain statements and information included in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements that look forward in time or express management’s beliefs, expectations or hopes.  In particular, such statements include, without limitation, statements related to our plans to increase production during the fourth quarter and introduce two larger jet boats during the 2015 model year, and our preparedness to capitalize on opportunities to increase market share and generate superior financial performance to build long-term shareholder value.  These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Marine Products Corporation to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements.  These risks include possible decreases in the level of consumer confidence and available funds impacting discretionary spending, increased interest rates and fuel prices, weather conditions, changes in consumer preferences, deterioration in the quality of Marine Products’ network of independent boat dealers or availability of financing of their inventory, and competition from other boat manufacturers and dealers.  Additional discussion of factors that could cause the actual results to differ materially from management’s projections, forecasts, estimates and expectations is contained in Marine Products’ Form 10-K, filed with the Securities and Exchange Commission for the year ending December 31, 2013.


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Campaign introduces more Canadians to boating

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Discover Boating Canada has announced that its 2014 campaign increased the number of people who visited manufacturer websites to shop by 19%. This can be attributed to the campaign’s focus on increasing awareness of the boating lifestyle in order to introduce more Canadians to boating.

Discover Boating Canada built on the success of the 2013 campaign by increasing awareness of the boating lifestyle thereby increasing the number of people who visited DiscoverBoating.ca. As a result, Discover Boating Canada increased the number of people it sent to manufacturer websites to shop. Awareness of the fun and togetherness of being out on the water is essential to get people interested in buying boats. By targeting those who are most likely to be interested in boating, Discover Boating Canada increased brand awareness and achieved 117,491,482 impressions. As a result, the number of people who visited DiscoverBoating.ca increased in 2014 by 13% to 363,000 and the number of people Discover Boating Canada sent to manufacturer websites increased 19% to 118,600.

Generating potential boat sales utilizing the Beginner’s Guide to Boating, a popular printed guide to help educate would-be boaters, was also a focus this year. The Beginner’s Guide to Boating is available to consumers and offers step-by-step information on getting started in boating and a call-to-action to try the Boat Selector Tool on DiscoverBoating.ca. This year, the campaign focused on increasing sign-ups for the Beginner’s Guide resulting in 3,003 requests, 45% more than 2013.

The number of people Discover Boating sends to manufacturer websites, also known as referrals, has been an excellent metric of the campaign’s success. In fact, as more and more consumers adjust their privacy habits online they are becoming more averse to sharing personal information. This is happening across the internet and impacting all industries. As a result, while leads continue to be a focus, we’re seeing more people gravitate toward visiting manufacturer sites, which gives them the freedom to shop and explore on their own. This is in contrast to what we’re seeing with leads where they are less interested in providing personal information or being contacted directly. The results speak volumes in that more people choose to visit manufacturer sites than to be contacted by a dealer. We encourage you to check your own website analytics (you can use Google Analytics) to see how many people DiscoverBoating.ca is sending to your website.

The campaign also increased engagement and expanded its online community on Facebook and Twitter. On the public relations front, the campaign generated positive news stories across Canada in print, online and broadcast media outlets.

Source: Tracey Hart, Director of Discover Boating Canada, thart@nmma.org.

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New technology to debut at boat show

The Fort Lauderdale International Boat Show is known as the ideal place to introduce new boats, marine products and technology, and this week’s 55th annual show is no exception.

Among the outboard motors at the show, which is Thursday through Monday, are the new Evinrude E-TEC G2 and Lehr Marine’s propane-powered models.

The G2 will be on an Action Craft flats boat at the AquaZone in front of the Greater Fort Lauderdale/Broward County Convention Center and at the BRP booth in the convention center.

Available in 200- to 300-horsepower models, the G2 is a two-stroke motor that is more fuel efficient and cleaner than four-stroke outboards, according to Roger Moore of Nautical Ventures Marine.

Added Moore: “Because it’s a two-stroke, it has more torque” than a four-stroke.

Lehr will have its new 20-horsepower outboard on an inflatable in the AquaZone. Bernardo Herzer, the company’s founder and chairman, said he’s brought a lot of propane products to market.

Having grown up in Miami Beach and become a boat captain, he said developing a propane outboard “has always been a passion of mine.”

Herzer, who has more than 50 patents, came up with motors that are competitively priced and good for the environment. There is no pollution with propane, no gumming of the engine’s carburetor and it can be stored indefinitely. Herzer said propane is also half the price of gas.

The new 340Z center console from SeaVee Boats takes twin or triple outboards. It is the latest in the company’s line of stepped hull models. The boat also has a new cored hull design that reduces weight while providing strength and durability. Designed for fishing and family activities, the 340Z has several seating options and features such as a large insulated fish box, a pneumatic console door, a freshwater shower and head.

The Albury Brothers 33, powered by twin 300-horsepower outboards, makes its debut at the convention center. It is the biggest model yet in the Bahamas-inspired line of center consoles.

Donzi Marine is celebrating its 50th anniversary with the new Donzi Classic series. The first hull in the retro special edition series that bears Donzi’s 50th anniversary logo is a “fly yellow” Donzi 22 Classic with a 430-horsepower MerCruiser sterndrive. It will be at the convention center.

Everglades Boats will unveil its new 435CC at the convention center. Four Winns has a new 44-foot open bow cruiser.

HydraSports Custom has two of its Extreme Edition center consoles at the convention center. The 4200 Siesta has a custom-painted silver hull accented with orange and black details and matching Trip Seven Marine 557 outboards, as well as a 7,500-watt Wet Sounds stereo system with 44 speakers.

The 23 Bay Bolt Extreme also is silver with orange and black details and powered by a custom painted Yamaha F300 outboard with a matching T-top.

Horizon Yachts will debut the Horizon PC52 power catamaran Pomboo and have several other motoryachts on display at the Bahia Mar Yachting Center. Pomboo has a 22-foot beam, three staterooms below deck, a galley with breakfast bar, salon and storage on the main deck and a helm and dinette on the open bridge.

Monte Carlo Yachts of Italy has the first MCY 86 to arrive in the United States at the show. The MCY 86 allows owners to customize the three-deck yacht with three, four or five cabins. Platforms that open to create private ocean terraces are available on both sides of the boat.

There is no shortage of brokerage boats at the show. Among the boats on display in the water by Bradford Marine Yacht Sales of Fort Lauderdale are 105-foot and 108-foot Westships, an 82 Horizon, an 80 Northern Marine, a 75 Riva and three 50-footers at the Hall of Fame and Las Olas marinas.

Burgess is displaying a 185-foot charter yacht built by Delta Marine that had an extensive rebuild that included a 25-foot stern extension. The ship also has a helipad, outdoor cinema, waterfall Jacuzzi, sauna and gym. For sale is a 151 Burger, a 139 McMullen Wing, a 134 Lurssen-Werft, plus yachts of 129 and 105 feet.

swaters@tribpub.com or Twitter @WatersOutdoors

Copyright © 2014, Sun Sentinel


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Bavaria Yachts USA Opens New Motor Yacht Sales Office – Appoints National Sales Director

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Bavaria Virtess 420Fly

Bavaria Virtess 420 Fly

All Bavaria Motor Yachts come standard with full 2-Year bow-to-stern warranty coverage.

Ft. Lauderdale, Florida (PRWEB) October 28, 2014

Following the highly successful introduction of its sailboat line 3 years ago, Bavaria Yachts USA has opened its first dedicated Motor Yacht Sales Office at Harbour Towne Marina in Dania Beach, Florida. This office will be staffed by full time sales and service personnel from the US, and the factory. Similar to the strategy with sailing yachts, Bavaria Motor Yachts USA is a factory direct model, selling and servicing boats directly to Bavaria owners. “This office will act as our headquarters for our Motor Yacht Division, and new locations in additional key markets are already in the planning stages”, said Kenny Feld, Managing Director of Bavaria Yachts USA. “Inventory models will always be on hand for potential clients and the press to sea trial at our Dania Beach facility”, stated Feld.

Bavaria Motor Yachts USA management has appointed industry veteran, Dirk Boehmer, as National Sales Director to lead its Motor Yacht expansion efforts through the US. Based in the Dania Beach office, Boehmer will manage sales efforts in Florida, as well as lead sales expansion efforts throughout the U.S. “I am extremely excited about this new opportunity. BAVARIA has shown the highest level of commitment in delivering motor yachts in a manner U.S. consumers demand. Additionally, the “Made in Germany” quality is something that US boaters have not yet experienced in yachts within this class”, stated Boehmer. Previously, Boehmer has held various U.S. and international sales leadership roles with Vicem, Cranchi, Bertram, and Sea Ray brands. “We are very pleased to have Dirk on board. His industry experience, both at the manufacturer and retail levels, along with his German language abilities, will ensure a differentiated Bavaria Motor Yachts customer experience in the US market”, said Feld.

Bavaria Motor Yachts USA will be featuring two new Motor Yachts at the Fort Lauderdale International Boat Show from October 30th to November 3rd. The Virtess 420 Flybridge and the Virtess 420 Coupe will be available for viewing and for sale on dock G at Bahia Mar venue. “This is an exciting time for our company. We are enjoying the rising success of the Bavaria brand in the U.S. sailboat market, which allows us to now invest in the motor yacht division to further increase our growing brand presence in the U.S. market”, stated Chris Meyer, Partner in Bavaria Yachts USA.        

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About Bavaria Yachts USA

BAVARIA has been one of Europe’s top-producing boat builders for 36 years. All BAVARIA boats are built in a single, state-of-the-art factory in Northern Bavaria, Germany. Widely regarded as the most advanced serial ship-building facility in the world, BAVARIA’s construction quality control and efficiency is unmatched in the industry. Bavaria Yachts offers two Sailing Yacht model ranges, the Vision Series (42 and 46), and the Cruiser Series (6 models ranging from 33′ – 56′), as well as two Motor Yacht series, the Virtess range (Flybridge and Coupe) and the Sport range (from 29’ to 45’). BAVARIA enlists the collaboration of the top design partners in the industry including Farr Yacht Design, Design Unlimited UK, and Italian designer Marco Casali. In the United States, all Bavaria Yachts are sold and supported through an innovative factory-direct model, which allows owners to purchase premium quality yachts at market-competitive prices, while enjoying direct service from Bavaria Yachts USA through a company-owned network of locations, as well as a wider network of service yards throughout the entire U.S.

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