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Message From The Editor West Marine Bankruptcy Proceeding
Well, that didn’t take long. Two weeks ago, in this column I wrote, "What if West Marine goes bankrupt?" I got a few letters from readers and then this week the news broke that the West Marine Bankruptcy was proceeding with papers filed and the legal action beginning. Through Peter Swanson’s "Loose Cannon" newsletter, we learned more details about the real situation West Marine is in.
The most important information is that there is a long list of marine companies who are owed substantial sums of money, presumably for products ordered and delivered but not sold or paid for. Garmin heads the list with over $8.5 million owed and thirty other companies on the list with more than $650,000 owed. There may be many other suppliers owed lesser sums but these are significant amounts and all those big suppliers will need to find ways to handle the losses. (READ MORE)
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Education
ABYC On-Demand Courses  Did you know you can take a selection of our ABYC Certification courses as on-demand classes?
Learn on your own time and at your own pace.
- ABYC Marine Standards
- Advanced Marine Electrical ... READ MORE |
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Research
Marine Leadership Barometer: Q1 Survey Signals Steadier Industry Outlook in 2026  NMMA’s Q1 2026 Marine Leadership Barometer points to improving executive sentiment across the recreational boating industry, with marine manufacturer members in the U.S. and Canada entering the year with measured optimism around revenue growth, product demand and overall business stability. While respondents continue to cite regulatory and economic uncertainty as key concerns... READ MORE |
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Product Focus
Flite returns to SCIBS with Award-Winning Foiling Technology  Flite, a brand of Brunswick Corporation and the global pioneer of electric hydrofoil technology, returned to the Sanctuary Cove International Boat Show (SCIBS), May 21–24, with its most advanced and award-winning lineup to date, reinforcing its position as a global leader in premium foiling innovation. READ MORE |
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Mastervolt® Introduces New Waterproof Mac Plus Models Featuring Innovative Bi-Directional Technology  Mastervolt, a global leader in innovative high-performance power solutions, has announced the latest addition to its Mac Plus range of power conversion solutions – waterproof 48V DC-DC chargers. These cutting-edge models, which provide a quick, safe, and consistent charge for both service and starter batteries, are designed for installation in unenclosed environments, ensuring reliable performance even when exposed to the elements. READ MORE |
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People
Sailfish Boats Founder Has Died  Sailfish Boats is sad to share the news, its founder, Paul Hoppes. Jr., passed away on Tuesday, May 12th. Without any marine experience, in 1986, with his entrepreneurial spirit and larger than life presence, Paul set out to build a fishing boat brand that stood for quality, value and fishability. Mission accomplished! Paul was actively involved in the day-to-day operations, building the company from the ground up, through to his retirement in 2020. READ MORE |
Eight Bells – Graham Neale  It is with heavy hearts that we announce the sudden passing of Graham Neale on May 19th, at the age of 85. Graham was born on August 3, 1940 in Birmingham, England and emigrated to Canada in 1956. Graham is survived by his beloved wife, Judy, of 50 years and best friend. They lived together in their first house in Don Mills, 49 years ago. READ MORE |
Calendar
The Boating Industry Canada News Week Digest calendar helps you plan ahead for the greatest personal benefit by attending events such as Distributor Shows, Industry Conferences, and of course, Boat Shows.
Check the Calendar for the latest Event Listings and their websites for details. |
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