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.

Italian trade group adds 10 members

A few weeks after it was created, the Italian trade association Nautica Italiana said it has added 10 brands, bringing its membership to 35.

Mix of advances and declines obscure Fed’s view of economy

On Monday the National Association of Realtors told economy watchers that home resales fell 4.8 percent in August. It was the first decline in four months and a deeper drop than economists expected as the Federal Reserve continues to receive an overall mixed message about a U.S. economy that may or may not need the…more

VIDEO: New rules in effect for Cuban relations

The Obama administration eased rules Friday for U.S. citizens wishing to travel to Cuba or do business with its growing ranks of independent entrepreneurs, hoping to kindle greater economic freedom on the island. The Treasury and Commerce departments told the Associated Press that regulations taking effect today simplify procedures for tourism, telephone and Internet investments,…more

Groups honored for Volvo race stopover in R.I.

The Rhode Island Marine Trades Association will present Discover Newport and Sail Newport with its annual Anchor Award to recognize the role both played in the successful Volvo Ocean Race stopover in May.

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CRN wins design honor for 239-foot yacht

CRN, an Italian shipbuilder that specializes in steel and aluminum yachts between 164 and 295 feet (50 and 90 meters), won an Invictus Yachts Trophy for its 239-foot (73-meter) M/Y Yalla.

Martin Flory adds South Korean client

Flover hired the public relations firm Martin Flory Group to help debut its line of electric trolling motors in North America and increase its market saturation in Europe.

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Elandra Yachts announces entry into U.S. market

Elandra Yachts of Australia is joining the ranks of international builders seeking a share of the U.S. market, citing the strength in the market and the U.S. dollar, which makes the yachts more competitively priced, compared to domestic products.

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