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.

Colombia taking steps to facilitate business growth

CARTAGENA, Colombia — North American companies are catching on to the increased need to include Latin America, as a culture and a region, in marketing plans. Brazil has had a lot of attention as a nation that is ripe for building a new customer base. The boating industry has seen it as a major area…more

Colombia seeing investment growth as safety fears ease

CARTAGENA, Colombia — Investors have been flocking to Colombia, with the country seeing record-breaking investments for three years in a row. “We have investment grade from major agencies like Moody’s and Standard & Poor’s as being one of the ideal places to invest,” said Miguel Angel Franco Hossain, senior tourism specialist with Proexport Colombia, the…more

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Colombia plans for future marine industry growth

CARTAGENA, Colombia — The marine industry is outgrowing the infrastructure in Colombia, leading the government to solicit proposals from companies worldwide for the construction of Marina San Andres, a 151-berth marina that officials hope will include amenities such as a shipyard and shopping mall.

Colombian show will feature U.S. pavilion

The second annual Cartagena International Boat Show will take place Saturday through Monday in Colombia and will feature a United States pavilion this year for the first time.

Report sees piracy shift to West African coastline

A 5 percent global decline in reported incidents of piracy and armed robbery at sea is outweighed by the changing threat the maritime community is facing in the Gulf of Guinea, according to the RiskMap Maritime analysis, Control Risks’ guide to maritime risks for 2014.

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CRN signs deal to build 252-footer

After the signing of a letter of intent for the construction of a 68-meter yacht — which the company says is the biggest megayacht ever sold on the Chinese market — CRN contracted for the construction of a 77-meter (252-foot) megayacht destined for the Middle Eastern market.

Consumer confidence drops in February

The Consumer Confidence Index fell moderately this month after increasing in January and it now stands at 78.1, The Conference Board reported today.

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