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.

Gensets to be modified after CO death

A houseboat vendor on Lake Powell said it would retrofit the generators on about 50 houseboats after finding a design flaw that may have contributed to a carbon monoxide-related death last summer, The Salt Lake Tribune reports. Investigators from the National Park Service and the Coast Guard discovered the design and alarm issues after the…more

MBIA inducts board chairman into Hall of Fame

John Hatfield, of Howe Interlakes Marine, was recently inducted into the Michigan Boating Industry Association Hall of Fame. Hatfield is chairman of the 2008 MBIA board of directors and president of the Recreational Boating Industries Educational Foundation. He has served the association for more than 20 years. Hatfield’s long history in serving on the MBIA’s…more

NMMA seeks extension of operating-loss allowance

The National Marine Manufacturers Association is leading a 71-member coalition urging Congress to extend the net operating loss carryback period to five years from the current two-year allowance. A net operating loss is a period when a company’s expenses exceed its profits, resulting in negative taxable income. Currently, a company can use its NOL to…more

Marine Web award nominations sought

Boats.com, a division of Dominion Enterprises, and the National Marine Manufacturers Association, are accepting nominations for the 2009 North American Marine Industry Web Awards. The awards are designed to recognize companies that lead the North American marine industry’s drive toward higher standards of excellence in Web site design and content. Awards will be given in…more

MDRA hands out boat-design scholarships

Design-art students and their respective schools will share $30,000 in scholarships for their 2007-2008 winning entries in the annual Marine Design Resource Alliance Boating Leaders Scholarship Program. Art Center College of Design student Adam Voorhees captured top prize of a $25,000 Pinnacle Scholarship for a futuristic design of a 12-Meter class runabout that embraces advance…more

Cruising World magazine mourns death of founder

Cruising World magazine founder Murray Lloyd Davis died Dec. 4 at age 80. Davis founded Cruising World 35 years ago and sold it to The New York Times in 1984. It is currently owned by Bonnier Corp, of Winter Park, Fla. Before starting the magazine in the attic of his house in downtown Newport, R.I.,…more

Coast Guard extends comment period on passenger-vessel proposal

The Coast Guard is extending the period in which to submit comments on its proposed changes to regulations governing the stability of passenger vessels and the maximum number of passengers that may safely be permitted on board a vessel. The deadline is now Feb. 6, 2009. This will allow interested parties time to consider the…more

Boston Whaler trims staff

Boston Whaler, of Edgewater, Fla., laid off around 70 employees last week, a spokesman for Brunswick Corp. confirmed this morning. The layoffs included hourly and salaried employees. That number also includes employees who were working for Brunswick Commercial and Government Products, which is also in Edgewater, Fla. “The reductions, unfortunately, were necessary as we deal…more

Johnson Outdoors posts 4Q results

Johnson Outdoors reported a net loss of nearly $75 million for the fourth quarter, as well as a drop in sales. Net loss for the quarter was $74.6 million ($8.18 per diluted share) compared to net income of $900,000 ($0.10 per diluted share) for the prior year quarter. Net sales for the fourth quarter were…more

MBIA elects new officers

The Michigan Boating Industry Association elected new officers Dec. 4 during its Recreational Boating Educational Conference. Two new directors were elected to three-year terms on the board. They were: Kathleen Torresen, Torresen Marine in Muskegon and Steve Popkie, W. C. Beardslee, Harsens Island. Also elected for a second three-year term was Steve Remias, MacRay Harbor,…more

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