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.

NMMA launches new export program

The National Marine Manufacturers Association announced a new export development initiative that expands and formalizes existing international efforts and offerings for its members. The new program helps NMMA members better connect with emerging international growth opportunities and realize untapped potential in the international market. Nearly 96 percent of consumers live outside the United States, creating…more

Lionfish charity tournament held in Bahamas

Bimini Sands Resort & Marina on South Bimini in the Bahamas said its second annual Lionfish Bash, which was held July 13-15, helped to raise about $25,000 for The Woody Foundation, a Miami-based non-profit organization that was created to aid spinal injury patients. A total of 345 lionfish were caught during the event, which was…more

Carmanah Technologies agrees to South American project

Carmanah Technologies Corp. said it entered into a $10 million non-binding letter of agreement with one of its master distributors for the procurement, commissioning and installation of aids to navigation within a broader significant marine project on a major navigable waterway in South America. Carmanah declined to announce the location at this time. The agreement…more

British students design foldup boat

The Foldboat, an origami-like boat that folds into a backpack-size package for easy storage and transportation, recently hit the British market. Priced at 800 British pounds, or $1,250, the Foldboat was designed by students Max Frommeld and Arno Mathies at London’s Royal College of Art. The plastic contraption becomes a small rowboat when it is…more

Alabama boatbuilder gains overseas contract

Alabama-based Silver Ships received a contract to build two oil spill service boats for Saudi Aramco to operate at its waterborne facilities in Saudi Arabia. Each of the boats is a 48-by-16-foot bowloader with an air-conditioned pilothouse, push knees and all-welded aluminum construction, according to Silver Ships. The propulsion package will include twin Cummins QSB5.9…more

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Exports remain a bright spot

Despite the eurozone instability, overseas markets are rich in potential for U.S. boatbuilders In recent years, many U.S. boatbuilders have focused on ramping up exports, a trend driven in part by watching competitors offset sagging domestic sales in 2007 and 2008 with robust overseas volume. But just as these companies were poised to explode into…more

Hakes Marine moves operations to China

New Zealand racing-yacht builder Hakes Marine relocated to China and established Hakes Marine China in cooperation with Hudson Yacht & Marine Industries Inc. Hakes moved to Xiamen, where Hudson is based, and will be Hudson’s high-performance division, the companies said. Hakes’ operation in Wellington, New Zealand, went into liquidation in March. The companies said the…more

Australian conference seeks 2013 proposals

The Marine 13 International Conference and Exhibition, which will be held next April in Australia, is seeking abstracts from marine industry and related government officials worldwide. Organizers said the summaries should relate to at least one of the themes of the conference: boating business, boat safety and marinas. Marine 13 is the first Australian integrated…more

Boat sales in Thailand show signs of recovery

Thailand’s yachting sector is showing signs of recovery after three years of stunted growth and sluggish sales brought on by global economic turmoil, according to an industry expert in the Southeast Asian country. “2009 saw the start of the worldwide economy downturn and sales of smaller boats was the first [segment] to be affected,” Tony…more

Salvage operation starts for sunken cruise liner

Salvage crews started preliminary work to refloat the partially submerged Costa Concordia cruise liner. Titan Salvage, a U.S. company owned by the Crowley Maritime Group, and Micoperi, an Italian company that specializes in underwater construction and engineering, were contracted to refloat the wrecked liner and tow it away. The job is expected to cost at…more

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