January 2010 Issue

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  • 85 million saltwater fishing trips taken

    Saltwater anglers took 85 million fishing trips in 2008, a number that’s down from 2007, when 93 million fishing trips were taken.

  • Boat sales down but up slightly from July

    New boat sales were down 36.5 percent and total dealership sales were down 25.5 percent at the end of August 2009.

  • Boat registration down

    Recreational boat registration is down 1.4 percent.

  • Marine distributors predict sales optimism

    Marine distributors predict their sales to be up in 2010, according to a survey by the National Marine Distributors Association.

  • New legislation calls for fuel compatibility

    A new legislation called the “Mid-Level Ethanol Blends Act of 2009” makes sure that new fuels introduced into the marketplace are compatible with boat engines.

  • MAATS and IBEX combine forces

    The Marine Aftermarket Accessories Trade Show (MAATS) will combine with the International Boatbuilders’ Exhibition and Conference (IBEX) in fall 2010, to make the industry’s largest trade event.

  • Use cell phones on the ocean

    KVH Industries and On-Waves have installed seven secure “earth stations” around the globe to bring cell phone service to those at sea.

  • New Orleans Boat Show postponed until 2011

    Due to lack of attendance, the New Orleans Boat and Sportshow has been postponed until next year.

  • Marina regulation targets metals in water

    A proposed coastal marina permit regulation being developed by the State Water Resources Control Board mandates periodic analysis of water and bottom sediment for coastal marinas with more than 10 slips.

  • IFAI announces 2009 IAA winners

    The Industrial Fabrics Association International announced winners of its 2009 International Achievement Awards.

  • First marine floor plan loan issued

    The Small Business Administration (SBA) has issued the first marine loan under its Dealer Floor Plan pilot program.

  • Boat Trader iPhone app

    Classified marine marketplace Boat Trader launched an iPhone app that allows users to browse through more than 100,000 new and used boats, yachts, sailboats and personal watercraft.

  • Indirect lending good news for boat dealers

    According to a survey by Wolters Kluwer Financial Services, indirect lending will play a big role in overall growth of U.S. banks and credit unions.

  • Ameritex faces foreclosure

    Marine supplier Ameritex, which recently went bankrupt and was sold to Taylor Made Group, is now facing foreclosure on its manufacturing facility.

  • Irwin Jacobs resigns role at Genmar

    Irwin Jacobs has resigned his role as CEO of Genmar Holdings Inc., which will allow him to bid on its assets without conflict of interest.

  • Garmin revenue increases in marine

    Even though navigation device maker Garmin’s overall revenue was down in the third quarter, its marine segment posted revenue growth of three percent.

  • Brunswick and Furrion offer power products

    Marine distributor Brunswick marine Parts & Accessories has teamed up with Furrion LLC to present a new line of shore power products.

  • Jet Dock injunction against Versa Dock

    Jet Dock Systems Inc., which produces drive-on docking systems for boats and personal watercraft, has been awarded summary judgment and an injunction against Versa Dock in a patent infringement case.

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  • Working with Lexan

    We asked members of the Marine Fabricators Association for solutions when working with Lexan.

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