Industry News

Consisting of builders, dealers, marinas, parts and accessories makers and sellers and the trade groups that serve them, the marine industry is a sprawling and colorful collection of companies and people. From the number and type of boats it sells to its advocacy for the rights of boaters to enjoy their recreation on pollution-free waters, using fuel that doesn't damage their engines, the industry makes news in many ways.

Analyst sees promise in June sales numbers

New preliminary data released Friday by Statistical Surveys confirm a Wells Fargo analyst’s assessment that a sluggish early start to 2014 in boat sales is now showing signs of an uptick.

Obama approves rules for Atlantic oil exploration

The petroleum industry won a significant victory in a dispute with environmental groups last week when the Obama administration approved guidelines for seismic searches for oil and gas deposits in the Atlantic Ocean.

Iridium faulted in report on missing schooner

An independent review of the search for Niña, lost more than a year ago on the Tasman Sea with its seven crewmembers, found that the New Zealand rescue authority did all it should have done — and more — to try to find the 84-foot schooner.

Financial-regulation poll reveals partisan split

Nearly two-thirds of voters think the stock market is rigged against them and a majority believe Wall Street and big banks hurt average Americans, according to poll results from a pro-regulation group.

Gulf of Maine preserve could be partially reopened

After a dozen years of prohibiting access, the New England Fishery Management Council is considering reopening portions of a preserve 80 miles off the coast of Gloucester —one of the region’s most distinct marine habitats —to trawlers.

Boat sales bounce back in June

Boosted by solid improvement in three key categories, the recreational boat industry got back on plane in June with single-digit sales growth in the main segments and a double-digit increase industrywide.

RBFF report shows renewed interest in fishing

ORLANDO, Fla. — A new report shows that interest in recreational fishing spiked last year with 4.1 million newcomers to the sport in 2013 —a substantial increase from the 3.5 million average new anglers-per-year between 2007 and 2012. The numbers were especially high among female and Hispanic anglers.

Sportfish fund included in House infrastructure bill

The House approved a short-term fix to the nearly depleted highway trust fund on Tuesday in a 367-55 vote and the measure will move to the Senate with barely two weeks before the Transportation Department could be forced to cut funding for highway projects around the country.

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