The International Monetary Fund reduced its growth forecast for the United States, saying the economy won’t reach full employment until 2017.
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.
An audit revealed that the United States spent more than $3 million on eight patrol boats for police in landlocked Afghanistan.
Spindrift 2 arrived last week in Newport, R.I., after eight days at sea.
Employers added 217,000 jobs in May and the unemployment rate was unchanged at 6.3 percent, the U.S. Bureau of Labor Statistics reported today.
The International Council of Marine Industry Associations World Marinas Conference began Monday in Istanbul, Turkey, with 225 people arriving from every continent, covering 27 countries.
Built in Sydney, Australia, in 1901, one of the world’s last remaining Edwardian steam yachts has new owners, a Melbourne family who intend to keep the boat in the South Pacific country.
Hella Marine named Markus Fruehwirth as its new European division manager.
One of the United Kingdom’s fastest-growing communication and safety-at-sea specialists, Ocean Signal, expanded its facility at its Margate, England, headquarters.
Consumer confidence showed improvement in May after a decline in April.
Fairline Boats’s longest-serving U.S. dealer, Total Marine, is expanding with new offices in Annapolis, Md.