Illegal fishing in the Mediterranean Sea is claiming two tons of swordfish per boat per day and could lead to the collapse of the population in three years.
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.
Isolated cases of Ebola in the United States and slow growth in Europe have caused investor concern, but U.S. manufacturing has shown resilience despite the fears, with output increasing 3.7 percent in the last 12 months — doubling from its 1.5 percent rate in January.
A team of researchers discovered two significant vessels from World War II’s Battle of the Atlantic. The German U-boat 576 and the freighter Bluefields were found about 30 miles off the coast of North Carolina.
The Italian Trade Agency supported the local marine industry by helping to organize a more international 54th Genoa International Boat Show than in past years.
U.S. employers added 248,000 jobs in September, pushing the nation’s unemployment rate down to a six-year low of 5.9 percent.
Italy’s most important recreational boating event returns today with the opening of the 54th annual Genoa International Boat Show.
Consumer confidence declined in September, The Conference Board said today.
Hodgdon Yacht Services opened an office in Monaco and named Cyril Le Sourd as the company’s new European sales and marketing director.
U.S. employers added 142,000 jobs in August, with gains occurring in professional and business services and in health care, but the nation’s jobless rate fell just one-tenth of a point, to 6.1 percent.
A New Orleans federal court judge found BP grossly negligent and chiefly responsible for the April 2010 Deepwater Horizon oil spill at its Macondo well in the Gulf of Mexico — the worst offshore oil spill in U.S. history.