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Message From The Editor
What’s fair, what’s reasonable, and what do you want?
We have some excellent news to share this week but first, a bit more on the yacht broker class action lawsuit unfolding in the United States. Last week we wrote that the suit was brought against several organizations in the yacht sales world. The plaintiff who listed his boat with a brokerage service, alleges he paid a non-negotiable and “inflated” broker commission equal to 10 percent of the price.
The suit was inspired by recent landmark litigation in a Missouri federal court, where it was alleged that most powerful players in the U.S. real estate market had engaged in a price-fixing scheme involving multiple listing services. Last October, a jury found that the National Association of Realtors and large brokerages had inflated broker commissions and awarded $1.8 billion to the class-action plaintiffs.
At the heart of the case against the yacht-sales establishment is a “Buyer-Broker Commission Rule,” which compensates a buyer’s representative broker with funds paid by the seller.
(READ MORE)
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Andy Adams, Editor
aadams@kerrwil.com
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Feature
Limestone Boats Resuming Production in Canada – With a Clever Twist
After acquiring the global manufacturing rights for the Canadian heritage brand Limestone® brand and tooling for the historical model lineup in 2019, , Limestone Boats made the decision to move production to Tennessee and ended up taking over an established boatbuilding enterprise there. Almost two years ago that seemed like a smart move into the far larger American boat market but changing labour conditions and...
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Feature
Important marina safety tips from ESA, the Electrical Safety Authority
Here are a few important marina safety tips from ESA, the Electrical Safety Authority. The ESA is mandated by the Ontario Government to regulate and promote electrical safety in Ontario. What to do for Nuisance Circuit & Ground Fault Tripping: Identify the issue before resetting the breaker or receptacle. Turn off or unplug equipment before resetting.
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Changing Scene
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The Big Picture: Great Lakes ice coverage hits new low
According to NOAA, ice cover on the Great Lakes usually peaks in late February or early March. But this year, it bottomed out, grazing 3.46 percent, on March 3, when the data used in this graphic were downloaded. Satellites have kept tabs on the lakes’ iciness for more than 50 years, recording their freeze-ups and thaws. Some years are especially ice-covered.
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Changing Scene
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Baltimore bridge collapse: potential for significant supply chain disruption
On March 26 at around 1.35am ET, the Francis Scott Key Bridge in Baltimore collapsed after it was struck by a container ship. The container ship involved is the Singapore-flagged Dali which can carry just under 10 000 TEU (20ft shipping containers) and was operating on a 2M alliance service between Baltimore and the Far East.
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How long do you really need an EPIRB?
For some boaters, it’s 10 days according to BoatUS Foundation beacon rental program statistics. The majority of America’s nearly 12 million recreational boaters don’t often travel far offshore, beyond cellular or VHF range. But for those who only do on a rare occasion, having an Emergency Position Indicating Radio Beacon (EPIRB) is important, allowing you to summon rescuers...
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Events
Moncton Boat and Sportsmen’s Show wraps up highly successful edition
The Moncton Coliseum Complex was the place to be for boating and outdoor enthusiasts as the Moncton Boat and Sportsmen’s Show hosted its 2024 edition. The show welcomed thousands of visitors eager to kick-off the summer season over the course of the 3-day event, March 22nd-24th.
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Education
ABYC Presents USCG Risk Mitigation Series 6 - Don’t Be a Statistic: Data Saves Lives
The next USCG Risk Mitigation is here May 1, 2:00pm-3:30pm (ET), Online! Don’t Be a Statistic: Data Saves Lives, the sixth, free online event in the USCG/ABYC Risk Mitigation Series has been announced. On May 1, 2024, our speakers will discuss how boating incidents are reported, recorded, and categorized, and how that data informs standards and regulations, with ABYC and USCG professionals.
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ABYC Foundation names Freddie Fowler Educator of the Year
The ABYC Foundation has named Freddie Fowler from Manatee Technical College in Bradenton, Florida, as the 2023 Educator of the Year. The annual award honors extraordinary marine service technology instructors teaching in a high school, post-secondary school, or within the industry.
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Product Focus
Spring Launch Tip: Check out your bilge pump
On your Spring launch checklist should be a good look at your bilge pump to make sure it’s in good working order for the season ahead. Check the bilge for debris that may have accumulated over the winter. Test the bilge pump manually. Turn on the pump and make sure that it is pumping water out of the bilge. Check the bilge pump strainer.
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People
A visionary sail designer - Gautier Sergent (1977-2024)
It is with immense sadness that we share the news that our friend and North Sails colleague Gautier Sergent passed away after sustaining a heart attack. Gautier was a brilliant sail designer and an exceptional person. The North Sails team, particularly Gautier’s colleagues at North Sails France, feel this news deeply, and his loss will no doubt reverberate throughout the sailing world.
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Garmin pro Justin Hamner wins the 2024 Bassmaster Classic championship
Garmin, the world’s most innovative and recognized marine electronics manufacturer, is proud to celebrate Justin Hamner as the winner of the 2024 Bass Pro Shops Bassmaster Classic, Mar. 22-24, at Grand Lake O’ the Cherokees in Oklahoma. With six of the top 10 finishers at this year’s Bassmaster Classic—the world’s most renowned fishing tournament...
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People
Eight bells Brian Minton
The family of Brian Minton sadly announced his passing on March 18th at 76 years old. Born in Toronto to Virginia Minton and William James Minton, Brian is survived by Katherine, his son Ryan Butler of Toronto (Mihi Joshi) and his brother Tim Minton of Naples, Florida.
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Calendar
Boating Industry Canada News Week now lists many in-person events such as Distributor Shows, Industry Conferences, and of course, Boat Shows. Check the listings here.
Check the Calendar for the latest Event Listings and their websites for details.
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Daily Updates
For daily updates and more interesting news follow
Boating Industry Canada on LinkedIn.
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| This email was sent to elissacampbell@kerrwil.com. |
