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.

Unemployment rate changes little in August

Employers added 169,000 jobs in August, causing the unemployment rate to edge down to 7.3 percent from 7.4 percent in July, according to the U.S. Department of Labor. Growth occurred in retail trade and health care, but information jobs declined. In manufacturing, productivity increased 1.9 percent and unit labor costs increased 2.3 percent. Weekly applications…more


America’s Cup defender hit with ‘unprecedented penalties’

The International Jury for the America’s Cup levied multiple penalties on Oracle Team USA on Tuesday for modifications the syndicate made to its AC45 catamarans in 2012. Three members of the American syndicate, headed by software billionaire Larry Ellison, have been excluded from the America’s Cup Finals: Dirk de Ridder, the wingsail trimmer and a…more

Researchers think Shackleton’s ship is still intact

Legendary explorer Ernest Shackleton’s famous ship, the Endurance, which he had to abandon in 1915 on his ill-fated Antarctic expedition, is probably still in very good condition on the ocean floor. That is one conclusion from research that studied how sunken wood degrades in southern polar waters, according to a report by BBC News. Experiments…more

Ruled expected today on alleged America’s Cup cheating

A ruling on allegations that America’s Cup defending champion Oracle Team USA cheated was pushed back to this afternoon. Organizers told KTVU-AP on Monday that a decision from the international jury regarding the use of illegally modified prototype catamarans in warm-up regattas last year and earlier this year is expected later today. Although the jury…more

Bermuda Challenge duo credit DeLorme satellite help

The DeLorme inReach SE played a pivotal role as an essential satellite communications solution when Chris Fertig and Tyson Garvin achieved their record-breaking run of the Bermuda Challenge last month. InReach SE enabled Fertig and Garvin to communicate their location, speed and heading, along with other pertinent information, to multiple recipients via text messages and…more

America’s Cup final matchup is set

Emirates Team New Zealand won the 30th anniversary Louis Vuitton Cup with a 3:20 victory over Italy’s Luna Rossa Challenge in the eighth and deciding race. The Kiwis, who beat Luna Rossa in the previous Louis Vuitton Cup in 2007, won the series 7-1. The victory makes Emirates Team New Zealand the official challenger to…more

Streaming video captured Bermuda Challenge record

As Chris Fertig and Tyson Garvin raced across the Atlantic Ocean last week, setting a new Bermuda Challenge speed record, their families, friends, followers and ground support staff were able to watch them on the Internet because of specialized video software and hardware supplied by DigiGone. Fertig and Garvin made the run from New York…more

Consumer confidence inches up in August

The Conference Board’s Consumer Confidence Index increased slightly in August. The index rose to 81.5 from 81 in July, according to data released today by the New York-based private research group, leaving the barometer of public sentiment slightly below an 82.1 reading in June, the highest since January of 2008. “Consumer confidence increased slightly in…more

Connecticut Special Olympics regatta scheduled for September

New England Science and Sailing will host the annual Special Olympics Connecticut Sailing Regatta Sept. 7-8 in Stonington Harbor. Teams from throughout the state will come to Stonington to compete in the two-day regatta. The public is invited to join in cheering the athletes at the parade and during the regatta. The event is being…more

Duo regains Bermuda Challenge record

For the second time in just over 12 months, Chris Fertig and Tyson Garvin set the Bermuda Challenge record, a powerboat race of nearly 780 miles non-stop from New York to Bermuda. “All the preparation and testing we did and effort over the past year paid off,” Fertig told Soundings Trade Only on Friday. “We…more

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