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Marine Products to release 2Q results

Marine Products Corp. will release its second quarter results before the market opens July 23 for the period ending June 30.    Marine Products Corp. will release its second quarter results before the market opens July 23 for the period ending June 30.   In conjunction with its earnings release, the company will host a…more

Delaware marine salesman dies

Walter J. Soha, 62, of Ocean View, Del., died June 21.     Walter J. Soha, 62, of Ocean View, Del., died June 21.   Soha was in marine supply sales for 40 years in the Mid-Atlantic region. Most of those years were in marine distribution, as well as at the manufacturing sales level.   He…more

NMMA hands out CSI awards

The National Marine Manufacturers Association has recognized 73 boat and engine manufacturers with its 2008 Marine Industry CSI Awards.    The National Marine Manufacturers Association has recognized 73 boat and engine manufacturers with its 2008 Marine Industry CSI Awards.   Recipients will be formally acknowledged during the annual industry awards breakfast at the 2008 International…more

AOC raises prices on products

AOC announced an eight cents per-pound price increase on all resins, gelcoats, pigments, colorants and additives for the United States, Canada, Mexico and export shipments to Central America and the Caribbean.    AOC announced an eight cents per-pound price increase on all resins, gelcoats, pigments, colorants and additives for the United States, Canada, Mexico and…more

Brunswick expects to generate positive cash flow this year

Moody’s Investors Service has downgraded the long-term ratings on Brunswick to Baa3 from Baa2.   Moody’s Investors Service has downgraded the long-term ratings on Brunswick to Baa3 from Baa2. “The downgrade reflects our view that the downturn in the marine market will continue into the foreseeable future, and is worse than our previous expectations, as…more

Boat Bunkers aligns with British-based company

Boat Bunkers International, a Florida-based manufacturer of an in-water mooring station that keeps boat hulls clean and eliminates the need for anti-fouling paints, established a strategic alliance with U.K.-based VersaDock International.    Boat Bunkers International, a Florida-based manufacturer of an in-water mooring station that keeps boat hulls clean and eliminates the need for anti-fouling paints,…more

Tiara Yachts announces layoffs in Michigan

Tiara Yachts, a division of S2 Yachts, announced this week that it will lay off 110 employees from its Holland, Mich. plant, the Grand Rapids (Mich.) Press reports.    Tiara Yachts, a division of S2 Yachts, announced this week that it will lay off 110 employees from its Holland, Mich. plant, the Grand Rapids (Mich.)…more

Brownfields legislation introduced in Congress

The Water Access Alliance supports the introduction of legislation earlier this year to provide federal grants for the revitalization of waterfront brownfields.     The Water Access Alliance supports the introduction of legislation earlier this year to provide federal grants for the revitalization of waterfront brownfields. HR 5469, introduced by Rep. Louise Slaughter, D-N.Y., amends the Comprehensive…more

CEOs slightly more optimistic this quarter

The confidence of CEOs crept up a notch in the second half of 2008, according to the Conference Board’s Measure of CEO Confidence.    The confidence of CEOs crept up a notch in the second half of 2008, according to the Conference Board’s Measure of CEO Confidence.   The confidence level of chief executives inched…more

Changing places

Unified Marine added two people to its sales team; Navimo appointed Christopher J. Lang as CEO of Navimo USA. Unified Marine, the Newport, Tenn.-based manufacturer of SeaSense marine and trailer accessories, added two people to its sales team. Greg Rentfro was appointed sales director for the OEM and distribution segments. He will be responsible for…more

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