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.

Gold medalist honored with sailing leadership award

Paralympic gold medalist Maureen McKinnon-Tucker was honored with the annual Leadership in Women’s Sailing Award during last week’s Women’s Sailing Conference in Marblehead, Mass. The award, co-sponsored by BoatU.S. and the National Women’s Sailing Association, honors a male or female who has a record of achievement in giving something back to the sailing community as…more

Regatta will benefit Leukemia & Lymphoma Society

The Maryland Chapter of The Leukemia & Lymphoma Society will hold its 17th annual Annapolis Leukemia Cup Regatta this weekend. Sponsored by Eastport Yacht Club and supported by the Annapolis Yacht Club, the competition will feature more than 100 boats in eight classes. The weekend begins Friday with a Sailor’s Launch Party, sponsored by SunTrust…more

Consumer confidence on the rise

After two months of significant improvements, the Consumer Confidence Index is now at its highest level in eight months, according to a report released today by The Conference Board. “While confidence is still weak by historical standards, as far as consumers are concerned, the worst is now behind us,” said Lynn Franco, director of The…more

Sailor, filmmaker heads for Northwest Passage

In just four weeks, a Nordhavn 57 owner will embark on the journey of a lifetime. Sprague Theobald, onboard his boat, Bagan, will depart Newport, R.I., on June 14 bound for the Northwest Passage. Throughout history, only a handful of sailboats have ever tried to transit the remote Northwest Passage and nearly all have failed.…more

Ad budget key to managing downturn

Maintaining your advertising budget in a down economy can lead to increased market share. A recent article in The New Yorker magazine looks at companies that have increased their advertising budgets during previous recessions and how doing so proved profitable. For example, during the Great Depression, Kellogg doubled its ad budget and moved into radio…more

Export training program designed to create jobs

A new training venture is being set up to help the Florida marine industry create more jobs at home by increasing companies’ global export business. The Global Trade Training Pilot Program is funded by a Workforce Florida grant and coordinated by Enterprise Florida. A $457,000 Quick Response Training grant will be matched by nearly $663,000…more

Decision pending on Boater’s World assets

Ritz Camera Centers has selected a proposed bid for the sale of its Boater’s World retail stores. During a court-approved auction Tuesday, the preferred bid was submitted by a joint venture formed by Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC. As part of the proposed agreement, Ritz Camera Centers, Gordon Brothers and…more

CNI, Seamagine sign display partnership

Seamagine Hydrospace Corp. and yacht management firm Camper & Nicholsons International have announced a strategic partnership created at the Monaco Boat Show. There, CNI made exhibit space available to Seamagine to display the Ocean Pearl. They followed with an equally successful outing at the 49th annual Fort Lauderdale International Boat Show. “CNI has always provided…more

Judge: Boater’s World auction will go forward

A bankruptcy court judge yesterday approved the bidding procedures for Boater’s World’s assets, with an auction scheduled for noon Tuesday in New York, according to court documents. Bids are due Monday. A hearing to approve any subsequent transaction is set for March 19. Ritz Camera Centers, the parent company of Boater’s World, filed for bankruptcy…more

Boater’s World to be auctioned next week

Ritz Camera Centers, which filed for bankruptcy protection last month, is selling the business and/or assets of its Boater’s World Marine Centers to maintain Ritz’s “long-term viability and successful reorganization,” according to court documents. In papers filed last month, Ritz said an auction is planned for 10 a.m. next Tuesday, with a hearing to approve…more

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