Skip to main content

House subcommittee plans marine industry discussion

A U.S. House subcommittee hearing titled "Sinking the Marine Industry: How Regulations are Affecting Today's Maritime Businesses," will be held at 10 a.m. Thursday in Room 2360 of the Rayburn House Office Building.

The Subcommittee on Investigations, Oversight and Regulations of the House Committee on Small Business will address federal policy and regulatory impediments for small businesses in the industry.

The wide-ranging discussion will examine regulatory actions by the Department of Labor; planning and permitting processes for the Army Corps of Engineers’ maintenance of navigable waterways; and the intrastate taxation of small businesses.

Specifically, the hearing will examine these issues in the context of job creation and economic growth within the small-business segment of the maritime industry.

An opening statement will come from subcommittee chairman Rep. Mike Coffman, R-Colo.

Testimony will come from industry players, including Kristina Hebert, chief operating officer of Ward’s Marine Electric; Mark Ducharme, vice president and chief financial officer of Monterey Boats on behalf of the Marine Industries Association of South Florida; and Capt. Steve Engemann, president of Herman Sand and Gravel, on behalf of the National Marine Manufacturers Association.

Related

1_PULSE1

Inflation Stymies Boat Sales

Inventories of new and used boats are improving at the retail level but are still considered comparatively lean, according to the results of the monthly Pulse Report survey.

Norm

Ho, Ho, Ho, You Better Watch Out

It may be too early to decorate the showroom, but it’s not too early to hatch a marketing plan to profit from the holiday selling season.

IBEX

Industry reacts to IBEX cancelation

With Ian expected to hit Florida’s west coast as a major hurricane, the consensus among those who spoke with Trade Only Today say it was the correct decision.

1_ABYCELECTRIFICATION

Ready for a Revolution

Electrification has been an increasingly common buzzword in the marine industry, especially in the past four to five years.

1_MARINEMAX.BOD

MarineMax Makes Appointment to its Board

Mercedes Romero has expertise in global procurement and strategic planning, working with such companies as Procter & Gamble and Starbucks.

1_ PULSE.PING.1

DEALERS: Are Interest Rates Impacting Demand?

This month’s Pulse Report survey asks dealers whether interest rate increases are causing a downturn in boat sales. Take the survey here.

1_SPOTZERO

Spot Zero Announces Expansion

The Fort Lauderdale-based reverse osmosis systems manufacturer is adding a 20,000-square-foot production facility.

1_Seakeeper Ride 450_2023 Sportsman Open 232 Center Console

Seakeeper’s New System Targets Pitch

Seakeepeer, whose gyroscopic stabilizers set the marine industry standard for eliminating as much as 95 percent of a boat’s roll, is now turning its attention to eliminating pitch with their Seakeeper Ride system.

7_IMG_0254

Propeller Precision

Yamaha’s new $20 million foundry produces about 100,000 propellers a year