CapMan Special Situations fund has agreed on a comprehensive recapitalization of Marinetek Group. CapMan’s fund has acquired majority ownership in the company and will invest new capital into Marinetek to develop the business. As a part of the recapitalization, the company’s senior … Learn More
Hyperfuels, a Houston-based high-performance fuels provider, has partnered with FuelWise in Baytown, Texas, to provide PurFuel, an ethanol-free reformulated gasoline (RFG) to replace E85 at two dispensers. The station’s 6,000-gallon underground tank was cleaned for the new service and is estimated to support over … Learn More
The U.S. Fish and Wildlife Service today announced a record $1.5 billion in annual funding through the Wildlife and Sport Fish Restoration (WSFR) Program that supports outdoor recreational opportunities, including the Boating Infrastructure Grant, and wildlife and habitat conservation. Specifically, $27,548,066 has … Learn More
The Oasis Marinas portfolio has added another prominent Florida property to their arsenal, with the assumption of operational management at Hammock Beach Marina, starting this month. Hammock Beach Marina is an expansive marina, with 209 slips, and the ability to accommodate vessels … Learn More
The Ohio Clean Marinas Program completed another year of successful marina education and outreach in 2021. The team certified or recertified 19 base-level Clean Marinas, 20 gold-level Clean Marinas, and 13 platinum-level Clean Marinas. This brings the total number of Ohio Clean Marinas to 90, implementing 2,979 environmental … Learn More
Boat Fix, a recreational boating telematics company that provides a combination of remote monitoring, GPS tracking, geofencing, and 24/7 live customer support has launched a fleet management program for boat rental companies, boat clubs, and charter companies – Boat Fix Fleet Manager Pro. … Learn More
The U.S. Army Corps of Engineers has extended the application period for those interested in leasing the commercial marina site at Fishtrap Lake at Shelbiana, Kentucky. The Notice of Availability for Leasing is for the potential marina facility located in the Dam … Learn More
Simply Marinas brokered the sale of Garrison Bight Marina located on Key West in the Florida Keys. This was a confidential offering and was sold to Suntex Marinas. The only full-service marina on the island of Key West with dry storage, Garrison … Learn More
The Canadian government’s proposed luxury tax on new boats valued at CA $250,000 – originally scheduled to take effect January 1, 2022 – is expected to be fully implemented in the weeks to come. A spokesperson for Canadian Finance Minister Chrystia Freeland … Learn More
Maryland’s Clean Marina program announced that the following marinas and boatyards have maintained their Clean Marina certifications during late 2021 and early 2022: Annapolis City Marina (Since 2006) Herrington Harbour Marinas (Since 2000) Horn Point Harbor (Since 2017) Inner Harbor Marina (Since … Learn More
