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.

Federal Reserve raises key interest rate

The Federal Reserve increased short-term interest rates for the first time in nearly a decade, raising its benchmark rate 0.25 percent from record lows set after the 2008 financial crisis.

Ukrainian RIB builder enters U.S. market

Ukraine RIB manufacturer Brig Boats announced its entry into the U.S. market with a commitment to have “a large presence” at the 2016 Miami International Boat Show.

Salty Dawg Rally sailors reach BVI

The fall Salty Dawg Rally fleet arrived in the British Virgin Islands after departing in early November from Hampton, Va., and other points along the East Coast.

Bachmann Group names U.K. operations GM

The Bachmann Group named an interim general manager for its U.K. operations and is preparing to bring its Nuwave personnel and training facility under the Bachmann corporate banner on Jan. 1.

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