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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Pan Ocean on Recovery Path

S. Korea’s Pan Ocean Co.  is expected to see its earnings improve amid rising Baltic Dry Index (BDI) that affects spot contracts accounting for more than half

Offshore Casualty: Harkand Group Collapses

As the prolonged slump in energy prices continues to drag on a number of oil and gas and maritime players, word has it that Harkand Group has succumbed, according to staff reports and a report on www.

Louis Dreyfus, Amaggi Hire HSBC to Sell Terminal Stake

Agricultural commodity traders Louis Dreyfus Co B.V. and Amaggi Group have hired HSBC Holdings Plc to sell part or the entire 25 percent stake they hold in a terminal at the Brazilian port of Itaqui,

Finance

Recent Strength in Dry Bulk Shipping to be Short-Lived

Drewry forecasts dry bulk freight rates in 2016 will be, on average, lower than in 2015, as the medium-to-long term fundamentals for dry bulk shipping will remain challenging,

Pan Ocean on Recovery Path

S. Korea’s Pan Ocean Co.  is expected to see its earnings improve amid rising Baltic Dry Index (BDI) that affects spot contracts accounting for more than half

Offshore Casualty: Harkand Group Collapses

As the prolonged slump in energy prices continues to drag on a number of oil and gas and maritime players, word has it that Harkand Group has succumbed, according to staff reports and a report on www.

News

Louis Dreyfus, Amaggi Hire HSBC to Sell Terminal Stake

Agricultural commodity traders Louis Dreyfus Co B.V. and Amaggi Group have hired HSBC Holdings Plc to sell part or the entire 25 percent stake they hold in a terminal at the Brazilian port of Itaqui,

GPA Will Continue Weighing Containers at No Cost to Shippers

The U.S. Coast Guard announced last week that state-calibrated scales already in use at the Port of Savannah meet a new requirement of the international Safety of Life at Sea (SOLAS) Convention.

ITIC Reports on Ship Agents' Costly Transhipment Errors

International Transport Intermediaries Club (ITIC) says it continues to deal on a regular basis with claims resulting from errors by agents involving transhipment cargoes.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics
rss | archive | history | articles | privacy | 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: 0.1278 sec (8 req/sec)