Trade Only Today

Soundings Trade Only serves as a crucial B2B print magazine for professionals in the marine industry, providing them with essential news and insights relevant to their work. Each month, Trade Only delivers breaking news and in-depth analysis through various features and columns, helping readers grasp the significance of current events in their field. The magazine is available in both print and digital versions. The coverage includes news and features that highlight the key individuals, events, and trends impacting boat manufacturers, dealers, retailers, marinas, boatyards, engine and electronics producers, accessory creators, and a wide range of marine service providers.

National, Trade/B2B

English

Magazine

Outlet metrics

Domain Authority

Ranking

Global

#710760

United States

#187242

Vehicles

#5794

Traffic sources

Monthly visitors

Articles

Grand Banks To Acquire R.I. Marina

1 month ago | tradeonlytoday.com | David Conway

Grand Banks Yachts announced today that it has agreed to acquire Casey’s Marina and one other property in Newport, R.I., for a total price of $21 million. The properties include the full-service marina, a covered workshop, boat storage, guest accommodations, supporting amenities and parking areas. “I am very excited with this opportunity for the group,” Grand Banks CEO Mark Richards said in a statement.
Walstrom Marine President Stepping Away

1 month ago | tradeonlytoday.com | Gary Reich

Walstrom Marine today announced that president Tom Ervin will step away from his role but stay involved as a strategic advisor to the company. He has led the Michigan-based dealership since 2016 and has more than 20 years of experience managing national marine organizations. “Tom has made such a large impact on our family’s business,” second-generation owner Ward Walstrom Jr. said in a statement.
Deadline Nears for Technician Award Nominations

1 month ago | tradeonlytoday.com | David Conway

The American Boat & Yacht Council announced that the deadline to nominate candidates for the 2025 Outstanding Technician Awards is approaching. The awards are part of International Marine Service Technician Week, scheduled for April 21-25, which celebrates technicians and their role in ensuring the safety, reliability and enjoyment of boating.
Propspeed Partners With Luka Marine Murter

1 month ago | tradeonlytoday.com | David Conway

Foul-release coatings manufacturer Propspeed announced that Luka Marine Murter is a single-entry partner for Croatia and Slovenia. The partnership will involve national technical training for applicators and resellers as the refit season gets underway. “With our European market continuously growing, we are very excited to partner with the team at Luka Marine to expand the reach of Propspeed in this key region,” EMEA sales director Davide Burrini said in a statement.
European Union Delays Tariffs on U.S. Boats

1 month ago | tradeonlytoday.com | David Conway

The European Commission announced a two-week delay in implementing retaliatory tariffs on U.S.-built boats and other American products, pushing the timeline from April 1 to mid-April. The pause aligns with the expected rollout of additional U.S. reciprocal tariffs April 2 and opens the door for further dialogue between the United States and the European Union.
TowBoatU.S. Fort Lauderdale Appoints President

1 month ago | tradeonlytoday.com | David Conway

TowBoatU.S. Fort Lauderdale today announced the appointment of Chloe Collins as president. Company founder Larry Acheson will transition to chairman. “I remain fully committed to the company’s success and to ensuring the security and stability of our team,” Acheson said in a statement.
Twin Vee Releases Fiscal Year 2024 Results

1 month ago | tradeonlytoday.com | David Conway

Twin Vee PowerCats announced its fiscal year 2024 earnings yesterday. Revenues decreased 57% to $14.4 million, down from $33.4 million the previous year. Adjusted net loss for 2024 was $7.7 million, compared with $7.3 million in 2023, demonstrating cost reduction management on the lower revenues, the company said in a statement.
Garmin Named Supplier of the Year

1 month ago | tradeonlytoday.com | Gary Reich

Garmin yesterday announced that it received the Supplier of the Year award from Independent Boatbuilders Inc., a purchasing cooperative with 15 members representing 25% of all boats built in the United States. “Garmin is once again honored to be selected by the members of IBBI for the prestigious Supplier of the Year award,” Garmin senior director of marine and RV sales Dave Dunn said in a statement.
Bowline Marinas Buys Florida Marina

1 month ago | tradeonlytoday.com | David Conway

Bowline Marinas announced its acquisition of Shields Marina in St. Marks, Fla. The sale includes the full-service marina with approximately 90 slips, 300 dry-rack spaces, a service department, fuel sales, a ship's store, and boat, engine and trailer sales. “We are very excited to now be a part of the Shields Marina community,” Bowline Marinas said in a statement. “For us, preserving the culture and legacy of marinas is extremely important, and we’re excited to do the same here.
Beneteau Reports Challenging FY 2024

1 month ago | tradeonlytoday.com | Gary Reich

Groupe Beneteau yesterday released the results of its 2024 fiscal year. Revenues were €1.03 billion ($1.12 billion), down 29.4% year-over-year. Net income was €92.9 million ($100.8 million), a decline of 37% from the prior year. The company finished the year with €357.2 million ($388 million) in net cash, a €123.7 million ($134.2 million) year-over-year increase. The sale of its housing division last year was noted as a reason for the increase in on-hand cash.