NMMA, MRAA Make Joint $10,000 'Sandy' Contribution

Press Release
Thursday, January 10, 2013

The National Marine Manufacturers Association (NMMA) and Marine Retailers Association of the Americas (MRAA) today announced a joint donation of $10,000 to the Marine Trades Association of New Jersey (MTA/NJ)’s Recovery & Relief Fund to provide aid to recreational marine businesses impacted by Hurricane Sandy.  


NMMA estimates that the recreational boating industry creates $1.6 billion in annual economic impact in New Jersey.  Making up part of the robust marine industry economic impact in New Jersey are approximately 1,140 marine businesses throughout the state that generate an estimated $224 million in labor income for employees.  What’s more, these businesses serve an estimated 160,000 registered boats in New Jersey.
 

"Our industry's businesses put their faith in trade associations, investing in us so that we can protect and serve them," says Matt Gruhn, president of the MRAA. "While there are numerous ways MTA/NJ, MRAA and NMMA work to deliver a return on investment for our members, the aftermath of events like Hurricane Sandy represent one of our most important opportunities to serve this great industry. By creating this Recovery & Relief Fund, MTA/NJ has given us a way to extend a hand to those recreational marine companies who have been hard hit by this natural disaster, and for that we are grateful."


“We hope our donation will help our colleagues in New Jersey receive the aid they need to get back on their feet post-Hurricane Sandy and revive the thriving New Jersey boating industry,” notes Thom Dammrich, president of NMMA. “Boating is a way of life for thousands of New Jersey residents—whether as an employee in the New Jersey marine industry or as a boater. Our industry is resilient and with momentum coming off of our recently wrapped Progressive Insurance New York Boat Show, we’re looking forward to the coming Progressive Insurance Atlantic City Boat Show creating a strong sales and marketing venue for the New Jersey boating community.”

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

Finance

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

Moore Stephens Expects Vessel Operating Cost to Rise

Vessel operating costs are expected to rise by almost three per cent in both 2014 and 2015, according to a new survey by international accountant and shipping consultant Moore Stephens.

Salvage

Documentary Examines Shipbreaking Practices in Bangladesh

Toxic ships for Bangladesh: TV documentary on German ship owners and their shipbreaking practices A new documentary titled "Giftiger Tankerschrott für Bangladesch

Boater Rescued from Sailboat Blaze

The U.S. Coast Guard assisted with the rescue of a boater Monday after the man's 33-foot sailboat caught fire five miles west of Windmill Point in the Chesapeake Bay.

WWII Wrecks Found 30 Miles off US Coast

The wreck of a World War Two German U-boat and a freighter that sank 72 years ago have been discovered off the North Carolina coast by U.S. researchers, officials said.

News

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2867 sec (3 req/sec)