International News

The marine industry is a global enterprise. Builders, dealers, marinas, equipment manufacturers and other businesses are found worldwide, and there are major boat shows on all continents.

European charter site raises funding

Marinanow is a new European site for people looking to berth or charter their boats — similar to the Airbnb model — and has raised seed funding to get started.

Team Australia pulls out of America’s Cup

Following Team Australia’s announcement that it would pull out of the America’s Cup race, the remaining challenging teams issued a statement confirming their commitment to the event.

Production management at the Chinese plant of Rhode Island-based Gunboat International has been complicated by communication, compliance and warranty problems.

Boatbuilders cooling to China

Manufacturing is projected to be cheaper in the United States than in China by 2018, and only seven of the 25 largest exporting countries now have lower manufacturing costs than the United States. Since 2004, U.S. manufacturers have improved their competitiveness, compared with every major exporter except India, Mexico and the Netherlands, according to a…more

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.

Unemployment dips to 6.1 percent

The economy added 288,000 jobs in June and the unemployment rate declined to 6.1 percent, the Bureau of Labor Statistics reported today — the lowest level since September 2008.

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