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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.

Twin Vee closing up shop until January

Twin Vee Boats of Fort Pierce, Fla., is temporarily shutting down production to keep its inventory backlog in line with the continuing slump in sales. The company will resume production Jan. 5, CEO Scott Noble told Soundings Trade Only this morning. Until then, the catamaran fishing-boat builder has laid off most of its hourly production…more

East Coast speed limits start next week

New speed regulations aimed at reducing ship strikes with endangered North Atlantic right whales go into effect Dec. 9. The National Oceanic and Atmospheric Administration has issued guidance regarding the implementation of the speed restrictions, which apply to vessels 65 feet and larger in certain areas along the East Coast. Click here for the compliance…more

Feds ease up on proposed trade restrictions

The federal government is easing up on trade regulations that the marine industry says would have created a costly burden for U.S. manufacturers. The proposed regulation, “10+2”, would have required importers to report additional security filing data on cargo destined for the United States 24 hours prior to the cargo shipping date, before much of…more

Dockscape rolls out customer-relations services

Dockscape, a new company that specializes in electronic communications solutions for the marine industry, launched a Web-based service designed to help companies strengthen customer relations and grow their businesses. The service allows yard and marina operators to produce a range of professional online communications, from e-newsletters to customer bulletins and promotions. The goal is to…more

Changing Places

Seattle-based YachtWorld.com and Boats.com have appointed two new field sales managers: Tony Bessinger in the Northeast and Scott Rhodes in the Mid-Atlantic. Bessinger previously was the electronics editor for Cruising World, Sailing World and Power Cruising magazines, as well as director of Sailing World’s Boat of the Year Competition and associate editor of Sailing World…more

The ‘R’ word is now official

The United States has been in recession since last December, confirming what many already have thought about the economy. When the economy peaked in December 2007, it marked the end of the expansion that began in November 2001, according to the National Bureau of Economic Research. The expansion lasted 73 months, compared to the 120-month…more

Watercraft Innovations moves to Fort Myers

Watercraft Innovations moved its headquarters to Fort Myers, Fla., nearly tripling its space compared to its location in Cape Coral, Fla. “This new facility allows us to continue to develop innovative products and offer faster delivery times to better serve our customers,” company president Paul Grzebielucha said in a statement. The Fort Myers location includes…more

Eleven-year-old wins junior angler award

Christian Fischer, son of professional angler Ozzie Fischer from Team Century, is following in his father’s footsteps with his recent award from the Southern Kingfish Association as National Junior Angler of the Year. The father/son duo, fishing as team Wolcott Marine, competed in the SKA’s Division 11, which features three tournaments in southwest Florida. The…more

Assessing a vessel’s environmental impact

A consortium of businesses in France has developed a new method of “eco-design” tooling that tracks a vessel’s impact on the environment throughout its life cycle. Project Sustainable Ship Design evaluates everything from the vessel’s construction materials and assembly at the yard to its use, maintenance and eventual dismantling. The assessment follows specific criteria, including…more

Oil prices tumble again

Oil prices fell more than $4 a barrel today following an announcement that OPEC will hold off on production cuts for at least another two weeks. U.S. crude for January delivery dropped $4.13 to $50.30 a barrel after today’s announcement, according to a report from CNNmoney.com. This compares to a high of $147.27 in July.…more

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