Daily news for marine industry professionals
Sales of fiberglass boats in the popular lengths of 14 to 30 foot were down 35.8 percent in May compared to the same month in 2008 in the early reporting states.
Read more...Flexiteek Americas won its patent infringement lawsuit against Ohio-based Plasteak and Plasdeck. The case, filed in June 2008 in U.S. District Court, Southern District of Florida, was decided June 19 by a jury trial.
Read more...Unemployment continued to rise last month, with 467,000 jobs lost in June, according to the U.S. Department of Labor.
Read more...Valley Towing Product's management team purchased Valley Towing Systems from former parent company Thule. The purchasing entity is named GRLC LLC and will continue its marketing efforts under the name Valley Towing.
Read more...Sumerset Houseboats announced an extended production shutdown, which is expected to last more than three months.
Read more...Westwinn Group Corp., the Vernon, B.C. builders of Harbercraft, Jetcraft and Kingfisher aluminum boats, is hosting its annual dealer conference Sept. 1-2 at its new WestWinn Center of Excellence manufacturing facility in Vernon.
Read more...Our weekly roundup of dealers and distributors includes news from Genmar Yacht Group, Southeastern Dock & Platform, Maretron, Zodiac of North America and Grand Banks Yachts.
Read more...Trade Only Today will not publish Friday in observance of Independence Day. We wish everyone a safe and happy holiday weekend.
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General
The trailer manufacturer has signed an independent rep to broaden its reach
Doris Colgate is the co-owner and CEO of Fort Myers, Fla.-based Offshore Sailing School, one of the oldest and most recognized schools in the industry. Colgate's first exposure to the school came when she took a course after joining the advertising department of Yachting magazine in 1967. She was hooked on sailing.
Marinas & Boatyards
The July meeting will address policies and responses that will affect the marina industry
Survey Advantage, a customer research and loyalty firm, released its 2008 benchmarks for marinas and boatyards, and it contains good news.
By the Numbers
In contrast to our April report, boat sales made through yacht brokerages took a strong step forward in May. Unit sales ran only 7 percent behind May 2008 and 17 percent off a five-year running average. As reported to SoldBoats.com by member brokers of YachtWorld.com, 3,023 boats were sold in May, while 3,263 boats were sold a year ago.
Sales declines in the personal watercraft segment were buoyed by a large increase in Georgia volume, according to early registration numbers in April.
Dealers
Three government-backed loan programs give working capital to businesses in need
SBA's America's Recovery Capital Loan Program can provide up to $35,000 for viable small businesses that need short-term help to make principal and interest payments on existing qualifying debt. ARC loans are interest-free to the borrower, carry a 100 percent guarantee from the SBA to the lender, and require no fees paid to the SBA.
SmartKeyParadox Marine has enhanced its Nav-Tracker 2.0 wireless boat location and GPS tracking system with SmartKey, which automatically disarms the system when the vessel operator boards and rearms it when ...
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- Safe Haven Boat Lifts
You'll get a lift if you sell these boat lifts - that's the sales pitch from Carolina Waterworks, manufacturer of Safe Haven Boat Lifts.
- Compact NaviLED navigation lamps
Hella Marine has introduced the second generation of its Compact NaviLED navigation lamps. The port and starboard lights provide convenient horizontal surface mounting and are visible within two nautical miles, according to the company.
- Pacifica Plus
More and more marinas and boatyards are going green, and copper-free antifouling paint can help. Interlux's Pacifica Plus uses the copper alternative Econea as an antifouling agent.
- Sea/Fresh Marine Elegance
What do plankton, krill and other marine micro-organisms have in common? They cause a boat's head to stink to high heaven if it has a seawater-flushing system. Flushing with fresh water solves the problem, but what a waste.
Surprise bankruptcy filing stuns recession-weary dealers, manufacturersadvertisement
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