Hurricane Joaquin intensifies, but path still uncertain - Trade Only Today

Hurricane Joaquin intensifies, but path still uncertain

Hurricane Joaquin was upgraded to a Category 3 storm, packing 120-mph winds as it approaches the Bahamas.
Author:
Publish date:

Hurricane Joaquin was upgraded to a Category 3 storm, packing 120-mph winds as it approaches the Bahamas, and it is expected to intensify to a Category 4 storm by Friday.

The eye of the hurricane was near Samana Cay in the Bahamas at 8 a.m., and the central Bahamas were expected to get hurricane-force winds, storm surge and heavy rain through tonight, according to the National Hurricane Center.

Different forecast models predicted that a weakened Joaquin would either veer northwestward, ramming into Virginia, Maryland or North Carolina this weekend, or avoid the East Coast entirely as it takes a more easterly track up the Atlantic.

The National Hurricane Center model predicted that the storm will travel up the U.S. coastline, bringing high-powered winds, coastal erosion and flooding. Though forecast models vary, forecasters agree that the East Coast will feel the effects of the storm regardless.

Torrential rains were expected Saturday throughout the mid-Atlantic and Southeast as Joaquin was expected to weaken to a Category 3 storm, with beach erosion occurring potentially from Myrtle Beach, S.C., to Cape Cod, Mass., as well as coastal flooding, according to NBC News.

It was expected to further weaken on Sunday to a Category 2, bringing major flooding in the Southeast with 55-mph coastal gusts from Maine to the Carolinas.

If the storm continues along the coastal path, it could bring severe winds and flooding to New Jersey, New York, Massachusetts and Maine.

Marina and marine industry insurance provider Gowrie Group issued a hurricane storm center on its website, giving boaters and boat businesses preparedness tips.

Related

E-nnovation Lab to expand at 2018 Metstrade show

The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.

Aluminum, tow boats lead moderate growth in May

Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.

Retaliatory tariffs on boats to EU start today

The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.