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.

Marine Advertising Network debuting in Fort Lauderdale

Connecticut couple Sean and Katie O’Leary launched an online vertical advertising network for marine advertisers and Web site publishers. Marine Advertising Network will be formally introduced at the Fort Lauderdale International Boat Show, with demonstrations from 8:30 a.m. to 5 p.m. Thursday and Friday in the Chart Room on the third floor of the Bahia…more

Analyst lowers Brunswick, credits West Marine

Another analyst has joined the ranks of those lowering their earnings estimates for Brunswick following last week’s release of weaker-than-expected results for the third quarter. Laura Richardson, of BB&T Capital Markets, said in a report that her group was lowering its fiscal 2008 estimate to a loss of $1.27 and its fiscal 2009 estimate to…more

School founders honored at U.S. Sailboat Show

At the recent United States Sailboat Show, Offshore Sailing School owners Steve and Doris Colgate were presented with the Harken Gold Block Award in recognition of selling their 300th Colgate 26. Steve Colgate, who founded Offshore Sailing School in 1964, developed the concept for the Colgate 26 in 1996 after years of searching for a…more

OPEC to cut production, oil prices drop

Gas prices may soon be on the rise again. That’s the goal behind OPEC’s decision to cut oil production, but it wasn’t the result Friday morning. The Organization of Petroleum Exporting Companies today announced plans to cut output by 1.5 million barrels a day, beginning Nov. 1. OPEC says it is trying to stem the…more

Analysts lower Brunswick’s earnings estimates, but still see hope

Analysts are lowering their earnings estimates for Brunswick following Thursday’s release of weaker-than-expected results for the third quarter. However, those same analysts say Brunswick’s liquidity is manageable, despite the recent downgrade of its debt rating by Moody’s Investors Service. “We continue to believe bankruptcy is a low probability outcome,” said Ed Aaron director of Equity…more

Atlantic Intracoastal Waterway meeting on preservation

New regional strategies to maintain and promote the Atlantic Intracoastal Waterway will be the main topic of discussion when the AIW Association meets next month. AIWA’s annual meeting will take place Nov. 20-21 in Jacksonville, Fla. The conference begins with reports from the U.S. Army Corps of Engineers, which is charged by Congress to maintain…more

Changing Places

Burger Boat Co. of Manitowoc, Wis., appointed Mike Mitchell vice president of manufacturing. Joining Burger in August 2002, Mitchell has been promoted to various positions throughout the company. He has 23 years of manufacturing experience, including plant managing and 15 years ownership of his own business.   *** Bruce J. Byots, 50, was named vice…more

Cape Cod boatbuilders expo scheduled for February

The third annual Boatbuilders’ Show on Cape Cod, presented by the Cape Cod Marine Trades Association, is scheduled to return to Hyannis Feb. 13-15. Last year’s event drew more than 3,000 attendees, which the producers said more than doubled their expectations. This year’s show will feature more than 40 exhibitors and a variety of custom-built…more

NMMA holding engineering compliance seminar

The National Marine Manufacturers Association will hold an Engineering Compliance Seminar to help boatbuilders remain up-to-date with American Boat & Yacht Council standards. Scheduled for Dec. 8-10 in Nashville, Tenn., the seminar will highlight important changes to existing ABYC standards required for compliance with the NMMA Boat & Yacht Certification Program for Model Year 2010…more

Stidd Systems taps Ocean Marketing

Stidd Systems, of Greenport, N.Y., chose Ocean Marketing to represent its line of marine seating on the East Coast and in California. Based in Guilford, Conn., Ocean Marketing has been representing marine product manufacturers since 1968. Stidd seating is designed to provide anatomically correct, comfortable positioning and passive restraint for the functional marine environment, according…more

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