Breaking News

Thursday, November 20, 2008
Vegas dealer conference in full swing

LAS VEGAS — Tuesday's Marine Dealer Conference & Expo featured plenty of advice on surviving in the current economy, best practices for a dealership and its service department, a snapshot of the economic landscape, and awards for those who provided exceptional service to the industry.

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Several builders using latest Volvo IPS models

More than a dozen builders plan to equip boats with Volvo Penta’s new, more powerful pod-drive system with joystick steering — the IPS800 and IPS900, or “IPS 2,” according to the engine manufacturer.

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SLIDE SHOW: Thought you were having a rough day? Part II

Here’s yet another reminder that, regardless of how bad your day is going, someone is always having a worse time.

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Regal Marine honored by local chamber of commerce

Regal Marine of Valdosta, Ga., recently won a Manufacturer of the Year award from the Valdosta-Lowndes County (Ga.) Chamber of Commerce.

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Fuel standards applauded by National Biodiesel Board

The Environmental Protection Agency received accolades recently from the National Biodiesel Board for reminding the petroleum industry about requirements mandated by the 2009 Renewable Fuel Standards.

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Famed sailor Hal Roth dies at 81

International bluewater sailor and author Hal Roth died this fall after a long illness. He was 81.

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Early IMBC registration discount ends Nov. 30

Industry professionals planning to attend the 2009 International Marina & Boatyard Conference have until Nov. 30 to take advantage of the early registration discount.

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NOAA puts whale-compliance rules online

The National Oceanic and Atmospheric Administration released an electronic version of its Compliance Guide for the Right Whale Ship Strike Reduction Rule.

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Neptune Group Yachting opens shop in Brazil

Neptune Group Yachting of Fort Lauderdale opened a new Latin American division in Rio de Janeiro, Brazil.

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BoatU.S. offers environmental grants

The BoatU.S. Foundation for Boating Safety and Clean Water is offering grants up to $4,000 each for community groups to develop projects that address environmental problems on local waterways.

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Highlights

General

Marine training council holds a pre-IBEX conference and also sponsors seminar track at show

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Big boatbuilder plans to eliminate 1,450 jobs, says it will go beyond that if sales don’t improve

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Marinas & Boatyards

Attendance was down 14 percent, but some say the principal decision-makers were there

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Industry views Nov. 4 tax relief referendum as crucial to determining whether lucrative development will stamp out traditional marine uses

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By the Numbers

YachtWorld expects the concept will make used boats a bigger part of major shows globally

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Sales of new boats continued to drop in the second quarter of 2008. The total fiberglass segment, including personal watercraft, fell 29 percent and aluminum sales were off 20.7 percent.

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Dealers

Industry veterans eager for an end to downturn they call the worst ever

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Editor’s note: This is where things stood in marine finance in early October. The banking environment, however, was changing on almost a daily basis, and the situation may have changed in the interim.

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Selected Marine Stocks

Starting...

Features

Company’s feature-rich A Series packs advanced technology into a more compact unit

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Vote Today

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