Gunboat president resigns as auction nears

North Carolina-based Gunboat International Ltd. will be sold at auction as a single lot to bidders, according to an amended motion filed in bankruptcy court on Tuesday.

Organizers of the Miami International Boat Show are building the in-water portion of the show after receiving environmental permits from county, state and federal officials.

NMMA vows to have Miami show ready on time

Construction of the Progressive Miami International Boat Show is underway and organizers are assuring exhibitors and visitors that it will be ready in time for its Feb. 11 opening.

Long spoke at IBEX in September after his induction into the NMMA Hall of Fame.

Q&A with JRL Ventures/Marine Concepts owner and CEO Bob Long

JRL Ventures, the parent company of Florida-based Marine Concepts, has seen record growth during the past two years. Marine Concepts was founded in the 1970s by industry vet Augusto “Kiko” Villalon, based on his conclusion that there was no design and development company that could develop a marine project from beginning to end.

Mourning a man of ‘quiet strength’

Frank Herhold, whose influence on the industry extended well beyond his role as president of the Marine Industries Association of South Florida, died Dec. 5 in Fort Lauderdale. He was 76.

Gunboat CEO Peter Johnstone remains confident that the investment in the company’s G4 model, shown racing in the Les Voiles de St. Barths regatta, will eventually pay off.

Struggling to keep Gunboat afloat

Gunboat International filed for Chapter 11 bankruptcy protection in November after a series of challenges during the past two years, but owner Peter Johnstone says the company is operationally poised to rebound.

Federal Reserve raises key interest rate

The Federal Reserve increased short-term interest rates for the first time in nearly a decade, raising its benchmark rate 0.25 percent from record lows set after the 2008 financial crisis.

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