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.

U.S. manufacturing weathers global volatility

Isolated cases of Ebola in the United States and slow growth in Europe have caused investor concern, but U.S. manufacturing has shown resilience despite the fears, with output increasing 3.7 percent in the last 12 months — doubling from its 1.5 percent rate in January.

Insurance companies back away from coastal coverage

The environmental investor advocacy group Ceres is releasing a report today that says the insured portion of annual losses from natural catastrophes has declined in the last 30 years, even as those losses have increased.

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Two World War II vessels found off North Carolina

A team of researchers discovered two significant vessels from World War II’s Battle of the Atlantic. The German U-boat 576 and the freighter Bluefields were found about 30 miles off the coast of North Carolina.

NASBLA honors Oregon boat-inspection program

The National Association of State Boating Law Administrators, in conjunction with Boat Ed, announced the Oregon State Marine Board Boat Inspection and Procurement Program as the recipient of the 2014 Innovations Award.

NMRA hands out marine scholarship

The National Marine Representatives Association recently awarded one of two scholarships the group gives to students pursuing careers in the industry.

RBFF survey: Boaters unhappy with retail experience

A “Mystery Shopper”survey by the Recreational Boating and Fishing Foundation showed that boating retail stores scored an average of 75 percent on customer satisfaction, lower than the 80 percent average in retail specialty stores.

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