Expanding Reach

Industry Database

It was not that long ago when companies involved in the yacht sales process had clearly defined areas of expertise, responsibility with relatively limited geographic reach.

They were new boat dealers in Virginia, a charter company in the Caribbean or yacht brokers in Seattle and the like. That has changed quite dramatically as is evidenced by the recent activities of two of the larger “yacht brokers” here in the US. 

In April, MarineMax, based in Clearwater, FL and the nation’s largest recreational boat and yacht retailer, announced it had completed the acquisition of Russo Marine. Russo was the largest privately held boat dealer in the Northeast and served the Massachusetts and Rhode Island coastal markets. 

MarineMax now has 56 retail locations in 16 states as well as operating MarineMax Vacations in Tortola. It sells new (16 brands) and used recreational boats and related marine products and services, as well as provides yacht brokerage and charter services.

At the beginning of May, Denison Yacht Sales, based in Ft. Lauderdale, FL, announced its opening of four new marina office locations – one in Annapolis, MD, one on the Hudson River across from the lower tip of Manhattan and two in Newport, RI. Denison Yacht Sales now has 19 sales offices (in 10 states) including one in Hong Kong, Puerto Rico, and the US Virgin Islands. The company currently provides complete yachting services worldwide, from sales (both new (six brands) and brokerage) and charter to yacht management and new construction.

In both instances the raison d’etre is to provide all the services their boating clients need, wherever they need them.

Latest Press Releases

Fairline Yachts opens new commercial marine facility Hythe Shipyard

Luxury British yacht builder, Fairline Yachts, has announced the opening of a new commercial shipyar... Read more

WesCom Signal and Rescue renews contract with Powerhaul International

The world’s leading supplier of marine distress signals, WesCom Signal and Rescue has confirmed a ne... Read more

Trade Events 2019

Marking the start of the 2019 season Sailforce will once again take to the road next week to bring t... Read more

Shakespeare Marine’s innovative inflatable emergency VHF antenna wins Product of the Year 2019

World leader in marine antenna design, Shakespeare® Marine, has been announced as winner of Product ... Read more

MS Amlin Yacht announced as title sponsor of the YJA Yachting Awards 2019

MS Amlin Yacht, the boat insurance specialists have agreed to become the title sponsor of the YJA Ya... Read more

Orolia launches the world’s first Galileo enabled PLB Industry-leading search and rescue technology now in Europe

Portsmouth, UK- February 28, 2019: Global leader in emergency readiness and response, Orolia, is ple... Read more

View all