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From factory openings to production milestones to the launch of new boats, the marine industry makes news in numerous ways. Trade Only follows developments wherever they occur.

Fusion has new majority shareholder

Fusion, a leader in car audio, marine audio and display products, announced that Peter Maire, founder and former CEO of Navman, has increased his financial position in Fusion Electronics and is now the majority shareholder in the company. Maire provided capital through his investment company, Tahia Investments. “Fusion Electronics manufacturers the most innovative car and…more

Changing Places

Steve Schultz, a marine industry leader and Interlux veteran of 29 years, recently announced his retirement. Schultz has been executive vice president of Yacht Coatings North America since 2002. He started his career in 1980 as Interlux marketing manager and in 1984 became general manager of Interlux US. He went on to become responsible for…more

BoatU.S. Magazine relaunched with a redesign

BoatU.S. Magazine has undergone a major redesign and been relaunched with a new look, layout, content and features with its January 2009 issue. Published by Boat Owners Association of the United States, the redesign was spearheaded by boating publishing industry veteran Bernadette Bernon, who has been appointed consulting editor. “Bernadette is an award-winning writer and…more

Florida releases 2008 manatee mortality numbers

The Florida Fish and Wildlife Conservation Commission’s Fish and Wildlife Research Institute documented 337 manatee carcasses in state waters in 2008, which is below the five-year average of 357. The low number of red tide-related mortalities last year helped lower the figure, biologists said. Watercraft strikes and perinatal (newborn) deaths were the two most commonly…more

Maine initiative focuses on marine careers

Partners in Maine’s North Star Alliance Initiative plan to launch an outreach campaign Wednesday aimed at young state residents looking for career opportunities in the marine trades, including the boatbuilding and composites industries. The campaign has three components: a new Maine Marine Careers Web site, a poster and brochure, and a display for use at…more

Genmar launching line of entry-level fiberglass fishing boats

Genmar is introducing its first 17-foot VEC entry-level fiberglass fishing boat in time to ship to dealers for the early spring selling season, company chairman Irwin Jacobs announced in a letter to dealers. Jacobs had previously said the company would be re-entering the aluminum boat business, but that won’t happen with this announcement. “Rather, it…more

EPS buys stake in Vectorworks Marine

EPS Corp., of Tinton Falls, N.J., acquired a 50 percent stake in Vectorworks Marine, a Titusville, Fla.-based builder of composite vessels. Terms of the deal were not disclosed. “EPS is pleased to join Vectorworks as a partner,” EPS chairman and CEO Francesco Musorrafiti said in a statement. “We have, from Day One, been highly impressed…more

Pennsylvania handing out boating education grants

As part of its efforts to re-engage youth, the Pennsylvania Fish and Boat Commission is offering grants to boating, sportfishing and aquatic education organizations and agencies that provide programs for young people. Grantees may receive up to $5,000 as part of the PFBC’s Sportfishing and Aquatic Resource Education Grants. The funding can be applied to…more

Two New England states address no-discharge zones

The Environmental Protection Agency has received petitions from the states of Maine and Massachusetts regarding no-discharge zones. Maine is requesting a determination that adequate facilities for the safe and sanitary removal and treatment of sewage from all vessels are reasonably available for the waters of Boothbay Harbor. Massachusetts is requesting that determination for the waters…more

New year, new boating laws

The new year brings with it new laws, including those governing boating. Here’s a sampling of some of the new regulations that will affect boaters this year: In New Hampshire, a new speed limit went into place on Lake Winnipesaukee. The new law imposes limits of 45 mph during the day and 25 mph at…more

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