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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.
Turning fly-fishing and paddle-boarding into high-ticket items
WSJ Magazine’s luxury gift guide lists a $23,000 Chanel paddleboard and $28,000 fly-fishing combo.
Seawide will be sole distributor of Clarion Marine
As systems become more complex, Clarion says dealers increasingly need support that brick-and-mortar stores offer.
Marine finance company donates to SDIA
LH-Finance has donated funds to the charity involved in disaster relief.
Canadian digital publisher redesigns boat and outboard websites
Digital Era Media has launched new versions of BoatDealers.ca and OutboardDealers.ca.
Trump says tariff deal with China is “highly unlikely”
U.S. aluminum distributor is granted exemptions to import from other countries, including China.
A new business model for chartering?
Having just raised $7.4 million in funding, Zizoo’s young executive team have found a new way to attract millennials.
RIMTA hosts panel discussion on career paths for women in boating
Four female business leaders will discuss opportunities and challenges for women in the marine industry.
Derecktor tapped to run Fort Pierce megayacht facility
The company plans to create the first “purpose-built” megayacht repair and refit yard in the U.S.
Stock market decline this week erases 2018 gains
Some expect it to bounce back today; others warn of underlying turmoil.
Bankrupt Italian superyacht facilities bought for a song
U.K. Royalton Investment purchases Privilege for $7.7 million after the yard fell into $270 million of debt.
MMA accepting entries for Neptune Awards
Marine marketing awards will be presented in 21 categories.
Submerged boats from Hurricane Florence were raised, cleaned, then sunk again
A state committee hears why authorities decided to raise and then abandon dozens of submerged boats following the hurricane.
RACE Coastal Engineering joins Connecticut Maritime Coalition
Group is made up of 23 member businesses.
Coffee table book takes readers inside superyacht interiors
Readers can look inside 21 superyachts, including some of the world’s largest.
Economy is booming, but experts warn some risks are being ignored
Former Fed chairman Alan Greenspan says ballooning U.S. deficit is economy’s biggest risk.
EU to crack down on yacht-charter tax evasion in Italy
Italian authorities have been avoiding collecting tax on yacht charters and diesel fuel, according to the European Commission.
Red tide back in Florida
Parts of the Gulf Coast and Florida Panhandle are reporting fish kills and high levels of the karenia brevis algae.
U.S issues final duties on Chinese aluminum sheet
Coalition finds U.S. businesses shelled out $4.4 billion in tariffs already in September.