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.

British marine industry sees surge in demand

British yacht and leisure boat builders saw a surge in demand from overseas buyers last year, helping the wider U.K. leisure marine industry to post revenue of about $4.75 billion.

Chinese marine industry grew in 2013

New statistics show that despite hurdles involving classification and infrastructure, the value of yacht imports and exports across China’s borders grew 25.7 percent during the last year to $476 million.

Consumer confidence bounces back in December

Consumer confidence, which had slipped in November, rebounded in December. “Consumer confidence rebounded in December and is now close to pre-government shutdown levels” in September, Lynn Franco, director of economic indicators at The Conference Board, said in a statement. The board’s Consumer Confidence Index was at 78.1 in December, up from 72.0 in November. The…more

Industry sees hope in today’s economic news

House and Senate negotiators unveiled an $85 billion agreement late Tuesday to fund federal agencies through the fall of 2015, averting another government shutdown and bringing potentially welcome news to the marine industry.

Unemployment dips to 7 percent

The U.S. economy created 203,000 jobs in November as the unemployment rate fell to a 5-year low of 7 percent, the U.S. Bureau of Labor Statistics said today.

American Sailing Association sweepstakes under way

Rosalie Bay Resort and Seaborne Airlines, in cooperation with the American Sailing Association, are giving away a free trip for two in the Eastern Caribbean in support of Hands Across the Sea, a non-profit dedicated to raising the literacy levels of children in the Caribbean. The weeklong trip to the Nature Island of Dominica is…more

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