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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.

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

Is the worst behind us? Some forecasters think so

Some economic analysts are heading into the new year declaring that the worst may soon be over. For this rosy picture to play out, they are counting on the Obama administration and Congress to come through with a substantial stimulus package of at least $675 billion over two years. Click here for The New York…more

Captain sentenced for dumping violation

The captain of a South Korean-flagged ship has been sentenced by the U.S. District Court in Tacoma, Wash., for violating the Act to Prevent Pollution from Ships. Hae Wan Yang, 54, was sentenced to two months of home confinement in the United States and two years of supervised release for knowingly failing to maintain an…more

EPIRB changeover starts next month

Beginning next month, search-and-rescue satellites will no longer process the 121.5/243 MHz signal transmitted by older analog EPIRBs. The Coast Guard is reminding mariners to replace these EPIRBs with the newer 406 MHz beacons by Feb. 1. The 406 MHz signal is 50 times more powerful than the 121.5, allowing better detection and providing a…more

SailTime reports uptick in fractional ownership

While much of the industry is reporting a drop in sales, fractional boat ownership appears to be on the rise, according the SailTime Group LLC, of Annapolis. “SailTime has seen steady increases in membership and boats being brought into the program as boating enthusiasts seek innovative and affordable ways to keep their boating dreams alive…more

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