BoatUS Asks – Why Aren’t Millennials Buying Boats?

Via BoatUS

ALEXANDRIA, Va., October 5, 2017 – Both boaters and those who rely on boating to make a living lament that there doesn’t seem to be as many younger boaters these days. The statistics back that up. According to the recently published BoatUS Magazine feature “Why Aren’t Millennials Buying Boats?” (October 2017), approximately 41 percent fewer 20- to 39-year-olds owned boats in 2015 than in 2005. And while millennials may boat about as much as their parents did, the data confirms they are far less likely to own a boat.

Why? Author and millennial Fiona McGlynn, who is a professional management consultant, may have some answers.

Lower incomes, student debt, lack of technical knowledge or mechanical experience, and a culture shift that eschews conventional ownership in favor of renting take their toll on millennial (born between 1982 and 2000) boat ownership. “Young people are not giving up on boating, just going about it in a different way: chartering, borrowing, and riding along,” says McGlynn, a live-aboard who recently finished her first South Pacific crossing along with her husband, Robin.

While owning a boat can be pricey, McGlynn reports, “I’ve met a number of young boaters finding creative ways to get out on the water without breaking the bank, such as millennials who are participating in cooperatives, who share a boat among friends, or who live aboard a boat instead of renting pricey apartments in major American waterfront cities. Several boaters interviewed for the story mentioned the increasing popularity of wake boats, in part because they carry more people and they’re fun.”

McGlynn ultimately writes that, in general, millennials prefer the sharing economy. She asks, why would you buy a ski house, when all you have to do is Airbnb it? She suggests it’s the same with boats. “20- to 39-year-olds love boating for the same reasons their parents did. They see it as an opportunity to socialize, create family memories, and adventures, and unplug from work. Boating has the potential for a watershed moment among millennials.”

The BoatUS Magazine feature also includes creative tips on how young people with no boating, sailing, or fishing experience can get on the water.

For the full story, go to BoatUS.com/millennials.

Prepping for Hurricane Irma at Regatta Pointe Marina

By Regatta Pointe Marina Staff

Hurricane Irma touched nearly every corner of the state of Florida last week, and with it came incredible challenges and uncertainty. The incredible preparation and teamwork of everyone here at Regatta Pointe Marina, including staff and slip holders alike, provided a comforting blanket of security during the frightening days leading up to the storm. Thankfully, Irma passed by while causing only relatively minor damage at our port.

Regatta Pointe Marina is the largest marina in Manatee County with 350 slips, as well as commercial facilities for more than a dozen businesses.  Preparing for a hurricane is extremely complex and challenging for our staff and customers.  Each year we update our hurricane procedures and post them on our ebsite, as well as hold a Hurricane Planning Meeting, which all customer are invited to attend.  (NOTE: This year’s meeting was held on May 30 at the Eagle’s Nest.  Be sure you’re signed up to receive email alerts to ensure you receive your invitation to the 2018 meeting. CLICK HERE to join our email list)

All of our slip holding customers are responsible for securing their own boats to minimize the risk of damage to their vessel, their neighboring vessels and the marina.  We place a document with information on securing boats for storms on our website (CLICK HERE to view).  We are very thankful that so many of our slip holders did a spectacular job preparing their boats, and in many cases helping each other to secure each and every docked boat prior to the storm. 

Preparing the marina facilities for the storm was a complicated task that tested our staff.  Nearly every inch of our property had to be combed over by our maintenance team.  Anything loose or vulnerable to high winds had to be anchored or removed in advance of Irma’s arrival.  Dozens of signs had to be taken down, outdoor furniture had to be hidden away and other structures had to be anchored to be made storm ready.

As we all watched and waited for Irma to arrive, everyone in our region was terrified at the prospect of a potential category 4 hurricane laying waste to our beloved home.  We were blessed to see Irma take enough of an inland turn to reduce the strength of the winds to that of a category 1 when Irma reached us.  Regatta Pointe Marina’s electricity was knocked out, but only for a matter of hours.  Our hearts go out to those who did not have such fortune.

Following the storm, many of our customers were gracious enough to post photos and information about the marina on the Regatta Pointe Marina Facebook Group.  The marina was back up and running after just a couple of days.  The effects of the storm are a little less visible with each day that passes.  But the community spirit that held Regatta Pointe Marina together through the storm feels stronger than ever.

Sailing Convention For Women Offers Great Opportunity To Learn

Via Boat US

CORONA DEL MAR, Calif., September 6, 2017 – Where do women sailors go to learn? The Sailing Convention for Women presented by Gail Hine will be held on Saturday, February 3, 2018, at the Bahia Corinthian Yacht Club in Corona del Mar, California. The daylong ladies-only series of shore- and boat-based workshops offer beginners and experts alike a welcoming environment to learn more about all topics sailing.

“Going Up the Mast” is just one workshop at the Sailing Convention for Women on Feb 3 at Bahia Corinthian Yacht Club in Corona del Mar. (credit: Sailing Convention for Women)

“The convention gives women an opportunity to meet other women sailors, discuss options for more racing, cruising and daysailing, and find out about existing women’s sailing organizations and instructional programs available in their areas,” said convention creator/director Gail Hine. “We have something meaningful for everyone.”

Attendees select a combination of workshops that best fit their interests and abilities. Course instructors are top women sailors from all over Southern California, many of whom are U.S. Coast Guard-licensed captains. Workshops include: Welcome Aboard for Beginners, Diesels, Going Up the Mast, Introduction to Power Boating, Race Tactics, Docking, Suddenly Singlehanded, Weather, Sail Trim, Basic Navigation, Electronic Navigation, Maintenance Mania, DIY Canvas Projects, How to Heave a Line, Nighttime Sailing and Navigation, Winch Workshop, Spinnaker Rigging, Offshore Cruising, and Introduction to Sailing.

To top off the event, the featured dinner speaker is Deneen Taylor, an aerospace engineer for NASA’s International Space Station Program. A lifelong sailor and certified scuba diver, she owns a Hobie Cat and crews on J-boats in Galveston Bay, Texas. Six years ago, she co-founded Mantus Anchors, a fast-growing marine-supply company bringing innovative solutions to boaters.

The $200 (early bird) registration fee includes workshops, three meals, souvenirs and handouts. Prepaid registration is required as space is limited to approximately 250. To obtain a reservation form, email gail@sailingconventionforwomen.com or call 951-677-8121. Bookings can be made online at sailingconventionforwomen.com beginning December 10, 2017.

3 Tips For Making Boat Insurance Claims

Courtesy of Boat US

Summer season in Tampa Bay and means MANY more boaters are hitting the water.  More boaters usually means more and more accidents.  Whether you are tied to the Regatta Pointe Marina docks or out enjoying our local waters, when catastrophic strikes, it’s a comfort to know your insurance provider is there to cover damages.

Boat Owners Association of The United States (BoatUS) offers three tips that can help boaters get the boat back on the water sooner after a claim.

  1. Don’t wait: If you get in an accident, notice a theft, or see other damage, always call your insurance company as soon as practically possible. If you are on the fence about whether you may want to file a claim or not, it’s still a good idea to call your insurer immediately. Letting your boat insurer know quickly can help speed the claims process later as they will already have basic information on file. Also ensure your current insurance company offers 24/7 claims reporting.
  2. Be photo happy: If you have an accident, take pictures. Lots of them. They can help support swift processing of your claim by your boat’s insurance company. Many insurers make it easy to electronically send in photos of damage and offer free Apps. It also pays to take photos of your boating equipment and personal effects. In the event of a loss, they’ll prove ownership and help to establish value.
  3. About that estimate: The major task for the boat owner is to get an estimate of the damage. It’s always good to know which boatyards, marinas or boating service providers are best in your area, so keep tabs. Word of mouth is one good way to know. Another is to check for credentials (ABYC Certified Technicians, manufacturer certifications). Having an established relationship with a yard will also help you get to the head of the line so you can get your estimate more quickly. “Know where you would want to take your boat now,” said BoatUS Vice President of Claims Rick Wilson. “It will cut down on the amount of time it takes to get an estimate and help speed your claim.”

The marine insurance specialists at BoatUS (800-283-2883) can help you review your current policy. Free quotes are also available at BoatUS.com/insurance.

The Time Is Now To Purchase Your Yacht!

Find Your Power or Sail Boat At Regatta Pointe Marina

Regatta Point Marina Yacht Brokers host the most in-water power and sail yachts in the Tampa Bay region.  Come by to discover our wide selection of new and previously owned boats.  Whether you prefer power or sail, a large yacht or something you can trailer, the Regatta Pointe Marina Yacht Brokers have great options that are just your speed, and on-site services to help make boat ownership effortless.

YACHT BUYERS: All yacht buyers are invited to come explore our more 50 on-site boats any day, because every day is a boat show at Regatta Pointe Marina!  Check out versatile trailer-able watercrafts, powerboats, sailboats and much more.

Get a sneak peak of some of the boats currently on location by viewing our slideshow at www.RPMYachtBrokers.com. Or better yet, come by to view all of the boats on hand in person.  Stop by any time of any day to browse dozens of boats available from Massey Yacht Sales, American Marine, Edgewater Yacht Sales and All Captains Yacht Sales. 

YACHT SELLERS: If you’re in the market to sell, contact a Regatta Pointe Marina Yacht Broker to get your boat seen by more potential buyers.  Our marina offers high foot traffic, daily in-coming boaters, plus other great marketing opportunities you just won’t find anywhere else.

YACHT OWNERSHIP: Owning a yacht is made effortless by the skilled professionals of Nicholson Marine, located on-site at Regatta Pointe Marina.  Nicholson Marine provides skilled marine services and installations at competitive rates with superior customer service.

 GENERAL PUBLIC: Everyone is invited to explore all Regatta Pointe Marina has to offer.  We are home to two waterfront restaurants, a waterfront bar, a salon and more.  We are nestled in the historic district of Palmetto, FL along the Manatee River, with bridgeless access to Tampa Bay and the Gulf of Mexico. Transient slips are available for those coming by boat. 

Boating Industry Reader Survey Reports Ethanol Repairs Increasing

Via BoatUS

ALEXANDRIA, Va. July 18, 2017 – A new survey by Boating Industry magazine says those in the boating industry that manufacture, sell, repair and store recreational vessels are seeing a growing number of problems caused by ethanol-related fuels. Said one Minnesota boat dealer in the survey, “Ethanol fuels are great for our service department but bad for our customers!”

The reader survey results, which appear in the magazine’s July 2017 issue, report that 92 percent of survey respondents said “they have seen damage…caused by ethanol…and more business for the service department.” The most recent results are up from 87 percent from a similar survey last year.

The July feature “Ethanol Still a Significant Challenge, Survey Says,” also reported that “more than 15 percent of readers said that based on what they are seeing in their business, more than half of the necessary repairs are being caused by ethanol-related issues.” Eighty-five percent of survey takers were “very concerned” about the use of E15 (fuel containing up to 15 percent ethanol).

Signed into law in 2005, the Renewable Fuel Standard (RFS) requires an increasing amount of biofuels, such as corn ethanol, to be blended into the gasoline supply. When it was written, the RFS assumed that America’s use of gasoline would continue to grow. Since 2005, however, gasoline usage has actually declined, which today forces more ethanol into each gallon of gas.

To keep up with the RFS mandate, in 2010 the EPA granted a waiver to allow E15 into the marketplace. However, only fuels containing up to 10 percent ethanol (E10) are permitted for use in recreational boats.

For the nation’s largest advocacy, services and safety group, Boat Owners Association of The United States (BoatUS), the survey’s results add to urgency to fix the RFS. Said Manager of Government Affairs David Kennedy, “For the people who know boats best, the readers of Boating Industry magazine who work on boats and keep them running so we can all enjoy a great day on the water, ethanol continues be concern. It will remain this way until we fix America’s broken ethanol policy.”

Come to the Regatta Pointe Marina fuel dock to fill up on ethanol free Valvetech Fuel.

Go to BoatUS.com/gov/rfs.asp for more information on the Renewable Fuel Standard. BoatUS is a member of the Smarter Fuel Future coalition.

The Time Is Now To Purchase Your Yacht!

Regatta Pointe Marina Staff

Regatta Point Marina Yacht Brokers host the most – more than 50 – in-water power and sail yachts in the Tampa Bay region!  Come by to discover our wide selection of new and previously owned boats.  Whether you prefer power or sail, a large yacht or something you can trailer, the Regatta Pointe Marina Yacht Brokers have great options that are just your speed, and on-site services to help make boat ownership effortless.

YACHT BUYERS: All yacht buyers are invited to come explore our more 50 on-site boats any day, because every day is a boat show at Regatta Pointe Marina!  Check out versatile trailer-able watercraft, powerboats, sailboats and much more.

Get a sneak peak of some of the boats currently on location by viewing our slideshow at www.RPMYachtBrokers.com. Or better yet, come by to view all of the boats on hand in person.  Stop by any time of any day to browse dozens of boats available from Massey Yacht Sales, American Marine, Edgewater Yacht Sales and All Captains Yacht Sales. 

YACHT SELLERS: If you’re in the market to sell, contact a Regatta Pointe Marina Yacht Broker to get your boat seen by more potential buyers.  Our marina offers high foot traffic, daily in-coming boaters, plus other great marketing opportunities you just won’t find anywhere else.

YACHT OWNERSHIP: Owning a yacht is made effortless by the skilled professionals of Nicholson Marine, located on-site at Regatta Pointe Marina.  Nicholson Marine provides skilled marine services and installations at competitive rates with superior customer service.

GENERAL PUBLIC: Everyone is invited to explore all Regatta Pointe Marina has to offer.  We are home to two waterfront restaurants, a waterfront bar, a salon and more.  We are nestled in the historic district of Palmetto, FL along the Manatee River, with bridge-less access to Tampa Bay and the Gulf of Mexico. Transient slips are available for those coming by boat.

Regatta Pointe Marina is located at 1005 Riverside Dr., Palmetto, FL 34221.  Visit www.RPMYachtBrokers.com for more information, or speak with one of the Regatta Pointe Marina brokerage companies directly: Massey Yacht Sales (941) 723-1610; American Marine (941)-779-0605; Edgewater Yacht Sales (941) 417-7970; All Captains Yacht Sales (941) 773-3513. Or for repair or installation services call Nicholson Marine at (941) 479-4020.