Analysts weigh in on GE lending plan

Analysts say that GE’s tightening of its floorplan lending standards could seriously affect the marine industry, where it is the primary source of commercial credit. GE recently announced substantially higher interest rates, tougher requirements on curtailments, higher up-front “stocking fees,” and extended repurchase commitments for manufacturers, Edward Aaron, analyst with RBC Capital Markets noted in…

NOW NEW PENDING WOLD RECORD BLUELINE TILEFISH

Got Word from Max @ Virginia Beach Contender that all paperwork is complete and waiting on affidavits to be official. Greg Bait Shack has the Fish unitl tomorrow and Long Bay Point will have it after 2:00pm on Sat. and  all day Sunday. Then it's off to VMRC Research Science Program on Monday.   Still…

Nail-biter: US accessories manufacturers watch Boater’s World bankruptcy auction

When the assets of Boater's World come up for auction today in New York, most of the marine accessories segment will be anxiously awaiting the outcome. The 130-store retailer, the second-largest US national retail chain behind West Marine, is a primary customer for hundreds of accessories manufacturers Nail-biter: US accessories manufacturers watch Boater's World bankruptcy…

NC Lighthouse Platform Sold To Private Owners

FRYING PAN SHOALS, NC - A lighthouse platform complete with living quarters 25 miles off the coast of North Carolina has recently been sold by the federal government to a private company that plans to turn it into a fishing and diving center.   Raleigh Telegram

‘Small’ change makes big splash among anglers

  The major change for flounder fishermen in the coastal bays area this spring and summer will be an increase in the minimum length for a keeper, from 17.5 to 18 inches. The creel limit of three fish per angler a day will remain the same, but the fall fishing season will be eliminated. 'Small'…

Here’s why offshore drilling is bad for Va.

The Navy and NASA are both opposed to offshore drilling; 72 percent of Virginia's offshore drilling zone is within the Navy's Virginia Capes Operating Area, the principal training area for air, surface and submarine units as well as a testing area for new vessels, aircraft and weapon systems. Oil/fire and ordinance don't mix. Florida will…

Confusion may be catch of day for striper anglers

Anglers will get to catch smaller striped bass in the Delaware Bay and Delaware River this year, but there is a rub. The lower size limit, possibly as small as 20 inches, will be legal only in Delaware and Pennsylvania. New Jersey waters will be stuck with the 28-inch minimum fish size that has been…

Our say: This Week’s Take: Menhaden talk should focus on science • Environment

The Atlantic menhaden fishery has been a fixture along the Atlantic coast for more than a century, delivering economic stability to otherwise depressed areas and providing a multitude of products that has helped to improve our lives. Our say: This Week's Take: Menhaden talk should focus on science • Environment (www.HometownAnnapolis.com - The Capital)

Chesapeake Bay Journal: Value of rockfish poached from Bay, Potomac set at $3 million to $7 million – March 2009

About 600,000 pounds of rockfish with a retail value of $3 million to $7 million were handled by a ring that trafficked fish from the Chesapeake Bay and Potomac River, law enforcement officials said in early February. Chesapeake Bay Journal: Value of rockfish poached from Bay, Potomac set at $3 million to $7 million -…

US Coast Guard searches for missing NFL players

The US Coast Guard has started a search for four football players whose fishing boat did not return to its home port in Florida on Saturday. The boating group included two professional NFL football players, Corey Smith of the Detroit Lions, and Victor ("Marquis") Cooper of the Oakland Raiders. Nick Schuyler and William Bleakley, former…

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