Category Archives: Marine News

Hurricane Irene caused $500 million in boating damage.

Hurricane Irene likely caused an estimated $500 million in damage to boats, according to Jim Holler, senior vice president of underwriting for BoatUS. That figure, he said, does not include damage to boating facilities, and includes all boats, whether insured or not, in all states affected by the storm. What made Irene so powerful, heContinueContinue reading “Hurricane Irene caused $500 million in boating damage.”

Boating DUI Crackdown Planned For This Weekend

Virginia authorities will be cracking down on drunken boaters this weekend. Conservation police officers with the Virginia Department of Game and Inland Fisheries will be patrolling the state’s waterways, setting up checkpoints and performing breath tests over the weekend. It is part of Operation Dry Water, a national effort coordinated by the National Association ofContinueContinue reading “Boating DUI Crackdown Planned For This Weekend”

Tiffany Yachts Loses Founder

  Tiffany Randolph Cockrell, founder of Tiffany Yachts, Inc., caring husband and father who was a friend to all especially his children, died peacefully at his home on May 13, 2011. His storytelling and sense of humor will be greatly missed.A memorial service will be held at Faulkner Funeral Home in Burgess, Virginia at 3:00ContinueContinue reading “Tiffany Yachts Loses Founder”

Oregon Inlet, 2011: How we got here

DURHAM — Within the next few years, Oregon Inlet will likely be permanently closed except to the smallest of recreational boats. Trawlers will have to use Hatteras or Ocracoke inlets or perhaps move to Norfolk, Va. In any event, a way of life must change on the Outer Banks and it’s all due to aContinueContinue reading “Oregon Inlet, 2011: How we got here”

Si-Tex signs deal with Japanese manufacturer

Tokyo-based Koden Electronics Co. and New York-based Si-Tex Marine Electronics announced an agreement through which Si-Tex will handle all sales, service and customer support functions for Koden products across the United States. Koden is a leading provider of heavy-duty commercial electronics for the workboat, high seas, commercial fisheries and river transportation markets. It provides theseContinueContinue reading “Si-Tex signs deal with Japanese manufacturer”

Boat sales remain above water in metro-east, nationwide

As some homeowners remain underwater and gas prices drown consumer’s discretionary incomes, boat sales remain afloat. “There has been a resurgence,” said metro-east boat retailer Ken Cope. “It’s not perfect, but it’s a lot better.” Cope, proprietor of Cope Marine in O’Fallon, has seen a flow of customers shopping for water craft. He said hisContinueContinue reading “Boat sales remain above water in metro-east, nationwide”

1 medivaced from boat that ran aground at Oregon Inlet

One person was medivaced from the charter vessel Carolinian after it ran aground Sunday morning near the Oregon Inlet Bridge. At around 6 a.m. Sunday Coast Guard watchstanders received a call from a a crewmember aboard the Carolinian saying that the vessel had run aground and one person suffered an injury, according to a pressContinueContinue reading “1 medivaced from boat that ran aground at Oregon Inlet”

Yamaha updates production schedule in Japan

Yamaha Motor Co. today announced its updated operating plans for May in Japan. The company said its outboard motors and personal watercraft plants will operate May 9 and beyond. Operational levels will depend on supply conditions for parts, according to Yamaha. The factories will be closed during the “golden week” holidays, which run April 29ContinueContinue reading “Yamaha updates production schedule in Japan”

Whale caught in net off Va. Beach frees itself

A young humpback whale that was tangled in a fishing net late last week off Little Island Fishing Pier in the Sandbridge area is believed to have freed itself. The Virginia Aquarium Stranding Response Team, disentanglement experts from the Provincetown Center for Coastal Studies and National Oceanic and Atmospheric Administration’s National Marine Fisheries Service wereContinueContinue reading “Whale caught in net off Va. Beach frees itself”

Carolina Skiff fined for safety and health violations

Carolina Skiff was cited for 19 safety and health violations by the U.S. Department of Labor’s Occupational Safety and Health Administration. The citations, carrying fines of $95,240, were issued after OSHA conducted a follow-up inspection to evaluate the abatement of violations found during a 2008 site-specific targeting program inspection. http://mobile.tradeonlytoday.com/news/detail.php?id=510891

Bigger dredge to help keep Oregon Inlet open

The Army Corps of Engineers agreed Friday to move a larger dredge to Oregon Inlet to keep the channel open for commercial fishing vessels, Gov. Beverly Perdue said Friday. The U.S. Coast Guard on Monday threatened to declare Oregon Inlet impassable for commercial vessels, and Perdue vowed to take all necessary steps to keep theContinueContinue reading “Bigger dredge to help keep Oregon Inlet open”

Ethanol and Your Boat On the Dock with Rick Smith

In previous articles we have discussed ethanol blended gasoline (E10) and some of the issues it is creating for the boating community. Unlike your car, typically your boat will sit for weeks at a time between uses (unless you are a commercial fisherman or pro bass angler). This gives ethanol a chance to work havocContinueContinue reading “Ethanol and Your Boat On the Dock with Rick Smith”

Coastal Properties wins pier contract in Virginia

Coastal Properties Management was awarded its second consecutive contract to manage the marina piers at Riverwalk Landing in Yorktown, Va. Coastal was awarded the first management contract in 2005 as Yorktown was developing the new facility for use by transient recreational boaters cruising Chesapeake Bay, as well as a base of operations for a localContinueContinue reading “Coastal Properties wins pier contract in Virginia”

Budget woes could silence bay’s talking buoys

  It’s hard to believe that the National Oceanic and Atmospheric Administration is so broke that it might mothball the nine Chesapeake Bay “smart buoys” that mark the nation’s first all-water national park. But apparently, that might happen while the “adults” in Congress continue their sandbox squabbling over the budget. With the boating and fishingContinueContinue reading “Budget woes could silence bay’s talking buoys”

Dredging Today – USA: Great Egg Harbor Inlet Needs Dredging

Everyone was under the impression the Coast Guard was going to do something about it,” said Perry, the owner of the Harbour Cove Marine Services in Somers Point. “Nothing has been done and it’s almost impossible to get through.” Many boaters use the inlet, which connects the Great Egg Harbor Bay with the Atlantic Ocean.ContinueContinue reading “Dredging Today – USA: Great Egg Harbor Inlet Needs Dredging”

Yamaha closes four factories until next week

  Yamaha Motor Co. announced that its outboard motor factories (Fukuroi South, Arai and Kuramatsu) and PWC factory (Kuramatsu) in Japan will be closed today through next Wednesday. See Related Articles Tohatsu says its Japanese facilities avoided harm Engine builders team up for EPA tests Si-Tex factory in Tokyo avoids damage Tsunami costs cripple WestContinueContinue reading “Yamaha closes four factories until next week”

Missouri boatbuilder up for sale

  The owner of Black Thunder Powerboats is selling the company and hoping that some “young blood” can come in and keep the nearly 25-year-old manufacturer going. “It’s just age, more than anything. It’s going to take a fight to get it going again,” Don Jenkins, 78, told Soundings Trade Only. “I was at theContinueContinue reading “Missouri boatbuilder up for sale”

Searchers locate SUV that went off Chesapeake Bay bridge

Searchers have located a vehicle in the Chesapeake Bay after it plunged into the chilly water from the bridge-tunnel earlier this morning. The vehicle, believed to have carried two people, was located between 10:15 and 10:30 a.m. by divers using sonar, police said. Divers, helicopters and a host of personnel from several agencies had searchedContinueContinue reading “Searchers locate SUV that went off Chesapeake Bay bridge”

Coast Guard considers shutting down Oregon Inlet

  A Coast Guard captain said Friday that he is prepared to close Oregon Inlet to recreational and commercial boat traffic within weeks if sand continues to accumulate in the dynamic waterway faster than dredging can remove it.   The buildup of sand – shoaling – around the Bonner Bridge has increased exponentially, elevating theContinueContinue reading “Coast Guard considers shutting down Oregon Inlet”

2011 Miami Boat Show Attendance Up!

Attendance was up 14 percent at the 2011 Miami International Boat Show, which closed Monday. The National Marine Manufacturers Association, which produces the show, reported 104,168 attendees this year, versus 91,415 in 2010. Strictly Sail Miami, however, was down 8 percent compared with 2009 -the last time it was held as a stand-alone show. AContinueContinue reading “2011 Miami Boat Show Attendance Up!”

Reggie Fountain Announces RF Powerboats

  o follow up on the announcement from Reggie Fountain—the founder and recently resigned chief operating officer of Fountain Powerboats in Washington, N.C.—that he was starting RF Powerboats, Powerboat’s Editor at Large Matt Trulio contacted Fountain by phone on Wednesday. He agreed to speak with Trulio, who writes a blog on http://www.speedonthewater.com, with the understandingContinueContinue reading “Reggie Fountain Announces RF Powerboats”

Outer Banks, North Carolina, Buddy Davis Boatbuilding, Buddy Davis

  by Kip Tabb on January 17, 2011 Buddy Davis Buddy Davis died last night at age 62. With him, a small piece of Outer Banks tradition passed away as well. Buddy built boats. He, of course, was successful at other things—raised two children and two stepchildren, at one time probably had 200 people employed—butContinueContinue reading “Outer Banks, North Carolina, Buddy Davis Boatbuilding, Buddy Davis”

Charter Vessel Runs Aground in Nags Head

  The Coast Guard says two people were injured when a charter vessel ran aground Sunday afternoon along the Outer Banks near Nags Head. The 55-foot charter vessel named Outer Limits went aground near theWalter Slough Channel. The Coast Guard received the call at 4:30 p.m. Sunday. Officials say a good Samaritan was the firstContinueContinue reading “Charter Vessel Runs Aground in Nags Head”

Rising waters threaten the coast of North Carolina

  By Bruce Hendersonbhenderson@charlotteobserver.com You’re in a part of the world where too much water is just as much a problem as too little water,” said Rodney Woolard of the federal Natural Resources Conservation Service. After decades of battling floods and saltwater creeping up its network of drainage ditches, Swan Quarter won a $5.2 millionContinueContinue reading “Rising waters threaten the coast of North Carolina”

Crisfield closer to building new dock

  Officials are getting closer to building a new city dock using federal funds once designated for a Chesapeake Bay ferry terminal. After months of discussion with the Maryland Department of Transportation, the city has finally received a draft memorandum of understanding, said Mayor Percy Purnell. The city has an $800,000 earmark from the 2005ContinueContinue reading “Crisfield closer to building new dock”

Cleanup continues after fire destroys 26 boats in Washington, NC

  Coast Guard personnel remained at McCotters Marina in Washington, N.C., through the weekend to supervise the cleanup of petroleum products that leaked into Broad Creek after a fire there Friday morning. Officials said 26 vessels burned to the waterline, releasing diesel fuel, gasoline and lubrication fluids into the water. As of Sunday night, 63ContinueContinue reading “Cleanup continues after fire destroys 26 boats in Washington, NC”

New Fountain CEO strives for excellence

  Fountain Powerboats has a newly appointed president and chief executive officer that looks forward to the future of the direction he wants the company to go in.John E. Walker is the new president and CEO of Fountain and three other boat companies — Pro-Line, Donzi and Baja.However, Walker said he knows he will neverContinueContinue reading “New Fountain CEO strives for excellence”

New Fountain CEO named as company founder plots his future

  Reggie Fountain might have resigned from Fountain Powerboats, but that doesn’t necessarily mean he’s out of the industry for long. Although he has nothing set up at this time, Fountain said this morning that his phone has been ringing off the hook with possible opportunities since the news of his departure came out FridayContinueContinue reading “New Fountain CEO named as company founder plots his future”

Fountain Powerboats names new CEO

  “Effective immediately, John E. Walker is appointed to the position of president and CEO of Fountain Powerboats. Mr. Walker’s career spans over 28 years in the boat manufacturing industry and Liberty is confident of his executive management abilities and his integrity to move Fountain forward with its strategic growth plan for the future,” LibertyContinueContinue reading “Fountain Powerboats names new CEO”

BREAKING NEWS: Reggie Fountain Resigns

  Reggie Fountain, who founded Fountain Powerboats more than 30 years ago, today announced his resignation from the company.   “There are key differences in opinion and philosophy between the current owners and myself on how to run the company,” Fountain said in a statement. “I’ve always been one that plotted his own course andContinueContinue reading “BREAKING NEWS: Reggie Fountain Resigns”

Virginia Beach man fights city about land under Rudee Inlet Bridge

  A Virginia Beach landowner is gearing up for a legal battle against the city over property he says is rightfully his.Wayne McLeskey bought land in 1989 near the Virginia Beach Fishing Center at Rudee Inlet.  He says he’s paid taxes on the property for the last 21 years.Now, the city wants a piece ofContinueContinue reading “Virginia Beach man fights city about land under Rudee Inlet Bridge”

Boston Whaler gets new leadership – Business

  John Ward, president of boat manufacturer Boston Whaler in Southeast Volusia for the last five years, is stepping down and taking another job within the Brunswick Corp., parent company of the boat manufacturer. Ward has been name senior vice president of global sales and marketing for the Hatteras and Cabo boats division in NorthContinueContinue reading “Boston Whaler gets new leadership – Business”

Fountain eliminates factory-direct purchases

  Fountain Powerboats is discontinuing its factory-direct Fountain Factory Superstore, the company announced today. “The factory superstore was an effective interim selling solution prior to Fountain’s reorganization, but today retail interest is on the rise, our dealers are gaining confidence in our new management team and other dealers are taking notice,” COO John Walker saidContinueContinue reading “Fountain eliminates factory-direct purchases”

Wake Forest company, police use Craigslist to find stolen boats :: WRAL.com

  A Wake Forest boat business was up the creek without a paddle when equipment was stolen from the facility in October. The company used the Internet to get back the more than $1,000 in equipment, which included six canoes, a kayak and a trailer. “More times than not, these things don’t get solved,” managerContinueContinue reading “Wake Forest company, police use Craigslist to find stolen boats :: WRAL.com”

Yamaha promotion runs through March

  Yamaha Marine Group today announced “The Four Stroke Revolution,” a new promotion designed to give consumers more of a reason to buy during the 2010 holidays and continuing during the boat show season through the end of March. “This promotion will give consumers even more for their money because it gives them the opportunityContinueContinue reading “Yamaha promotion runs through March”

Boat company to consolidate 3 brands in 1 NC plant

  A boat builder is consolidating three brands of fishing and speed boats at a North Carolina plant as the recession-ravaged industry slims down production. North Carolina Gov. Beverly Perdue’s office said Monday the owner of Donzi Marine and Pro-Line Boats will move production of those brands to the North Carolina plant that has producedContinueContinue reading “Boat company to consolidate 3 brands in 1 NC plant”

Chesapeake Bay Polluted by 568 Million Chickens

  Handful of Big Ag Companies Responsible for A Lot of Water Pollution Fewer than a dozen corporations control the majority of the beef, pork and chicken produced in the United States. Environment America presented 8 case studies of factory-farm corporations and their impact on the environment: Chesapeake Bay Polluted by 568 Million Chickens

Repairs to Rudee Inlet Bridge to be addressed November 15th @ 6:30pm

  If you fish or boat out of Rudee Inlet, you might want to attend a meeting from 6:30 to 8 p.m. Monday at Cooke Elementary School in Virginia Beach. The meeting is hosted by the Virginia Beach Department of Public Works’ Operation Division, which is planning to make repairs to the fender piles, timberContinueContinue reading “Repairs to Rudee Inlet Bridge to be addressed November 15th @ 6:30pm”

Mercury Marine expands Fond du Lac plant

  A 33,000-square-foot addition is under construction between Mercury Marine’s Plant 3 and 15. A routine site plan was approved by the City of Fond du Lac and was necessary to obtain a building permit. “It’s a large building, but it doesn’t look that large when you look at the overall plant,” said Community DevelopmentContinueContinue reading “Mercury Marine expands Fond du Lac plant”

Cakewalk: The Largest Yacht Built In The U.S. Since The 1930s

  At 281 (85.6m) feet and 2,950 tons, this Cakewalk surpasses her four predecessors in size and is the largest yacht built in the U.S. since the 1930s, and possibly the biggest ever built in the States when measured by volume. The sheer amount of space is unparalleled, and opens a world of possibilities forContinueContinue reading “Cakewalk: The Largest Yacht Built In The U.S. Since The 1930s”

Coast Guard boats damaged in high seas

  It’s called the “last light bar check,” and the Coast Guard unit at the Chatham station does it every day’s end. But this time a routine exercise would end with Chatham’s two $1.2 million rescue boats damaged and a Coast Guard jet, helicopter, 110-foot cutter and two patrol boats from Provincetown and Nantucket scramblingContinueContinue reading “Coast Guard boats damaged in high seas”

Analyst: Republican wins are good for boating industry

“A major issue with regard to the midterm elections will be the extension of the Bush tax cuts and the resultant impact to discretionary spending. This is especially meaningful for large-ticket discretionary purchases, such as boats over 45 feet long, as these are purchased by consumers making more than $250,000,” the reports said. Analyst: RepublicanContinueContinue reading “Analyst: Republican wins are good for boating industry”

Captain Max King Marine at The United States Boat Show Annapolis, Maryland October 14th -17th

  Captain Max King Marine has brought The New 34 Fountain, 36 Yellowfin Center Console, 24 Bayboat by Yellowfin and the Kencraft 2260 Bay Boat to the Annapolis Boat Show. We are located at Booth 89 next to the Marriott Hotel.   Hope to see you there!

Little Tangier reaps big rewards from ESPN

  For seven days in late July, film crews, copywriters and media executives descended on Tangier Island with the sole purpose of turning the small island in the middle of the Chesapeake Bay into the center of the sports world.     Richmond-based ad shop The Martin Agency brought the crews in to shoot commercialsContinueContinue reading “Little Tangier reaps big rewards from ESPN”

Southport Boats halts operations, will be sold

  Southport Boats suspended operations pending a sale of the company’s assets by American Global Yacht Group, which purchased Southport’s assets last June. See Related Articles Southport Boats unveils floorplan program Southport Boats joins Sea Tow membership program Operations were suspended last week, Southport’s former CEO, Frank Longino, told Soundings Trade Only this morning. AboutContinueContinue reading “Southport Boats halts operations, will be sold”

Stolen Tackle off Boats At Rudee Inlet

I received word today that 6 each Tiagra 50s, 1 each Tiagra 70, & 2 each TLD 25s were stolen off of my good friends boat while docked behind Rockofellars at Rudee Inlet. All of the rods were custom made at Bishop’s Tackle. Rods were black with green trim throughout. The 70 had a planerContinueContinue reading “Stolen Tackle off Boats At Rudee Inlet”

Va. Beach marina boss working hard to be green

  When she strolls around the massive expanse of her Marina at Marina Shores, she thinks she’s making a difference for the environment. When she heads into the massive boat-storage building, she sees hundreds of vessels illuminated by light passing through plastic panels instead of energy-sponging electrical lights. "Green," she says. At the swimming pool,ContinueContinue reading “Va. Beach marina boss working hard to be green”

Cabo Yachts Moves to New Bern, North Carolina

  The parent company of Hatteras Yachts plans to move the manufacturing of smaller boats to to eastern North Carolina, creating 350 jobs over the next five years, officials announced Tuesday. Brunswick Corp. said it will invest $4.7 million to expand Hatteras’ New Bern plant to accommodate the production of Cabo Yachts. Cabo, which hasContinueContinue reading “Cabo Yachts Moves to New Bern, North Carolina”

Virginia, U.S. at odds over Chesapeake Bay rules

  Tensions are mounting between Gov. Bob McDonnell’s administration and the federal government over plans pushed by President Barack Obama for creating new regulations to hasten the Chesapeake Bay cleanup. Some environmentalists worry this latest feud between Richmond and Washington could escalate to legal action from Virginia – or even lead to the state’s withdrawalContinueContinue reading “Virginia, U.S. at odds over Chesapeake Bay rules”

One killed, nine injured in boating accident 0n Rappahannock River

  Authorities are investigating alcohol as a factor in the high-speed crash of a boat operated by a Richmond fire captain that claimed one life and left nine people injured, two critically. One killed, nine injured in boating accident | Richmond Times-Dispatch

104-foot craft destroyed by fire in West Palm Beach; one firefighter slightly injured

  Fire Rescue crews put out a fire on an 104-foot pleasure craft returning from the Bahamas Sunday morning that pulled into Rybovich Marina at 45th Street and Flagler Drive. The "Ladiva" boat was heading toward the Palm Beach Inlet when there was an exhaust leak onboard. The captain pulled into the nearest dock thatContinueContinue reading “104-foot craft destroyed by fire in West Palm Beach; one firefighter slightly injured”

Boats destroyed in Norfolk marina fire

  A fire at a Norfolk marina has destroyed three boats and damaged at least three others. The Coast Guard says the fire broke out on a 45-foot sailing vessel at the Vinings Landing Marina early this morning. The blaze spread to recreational boats adjacent to the sailing vessel. Boats destroyed in Norfolk marina fireContinueContinue reading “Boats destroyed in Norfolk marina fire”

Marina Shores Offers FOR SALE BY Owner Boat Show April 16th – April 18th 2010

The Marina at Marina Shores Spring Fling 2010 Land & Water Boat Show April 16th, 17th & 18th    10 AM to 4 PM $50 Reserves a space for your boat for the three day event. For more information and to reserve your space call (757) 496-7000. The Marina at Marina Shores 2100 Marina Shores DriveContinueContinue reading “Marina Shores Offers FOR SALE BY Owner Boat Show April 16th – April 18th 2010”

West Marine Announces Webcast and Conference Call Regarding Fourth Quarter and Fiscal Year 2009 Result

  West Marine, Inc. /quotes/comstock/15*!wmar/quotes/nls/wmar (WMAR 10.00, +0.10, +1.01%) will hold a webcast and conference call on Thursday, March 11, 2010 at 10:00 AM Pacific Time to discuss fourth quarter and fiscal year 2009 financial results. West Marine’s earnings release will be furnished to the Securities and Exchange Commission under cover of Form 8-K priorContinueContinue reading “West Marine Announces Webcast and Conference Call Regarding Fourth Quarter and Fiscal Year 2009 Result”

Garmin Reports Fourth Quarter Year-Over-Year Growth in Revenues and Margins and Record EPS – MarketWatch

  CAYMAN ISLANDS, Feb 24, 2010 (BUSINESS WIRE) — Garmin Ltd. /quotes/comstock/15*!grmn/quotes/nls/grmn (GRMN 32.25, -0.20, -0.62%) today announced strong fourth quarter results including revenue and earnings per share growth for the period ended December 26, 2009. Fourth Quarter 2009 Financial highlights: — Total revenue of $1.059 billion, up 1% from $1.048 billion in fourth quarterContinueContinue reading “Garmin Reports Fourth Quarter Year-Over-Year Growth in Revenues and Margins and Record EPS – MarketWatch”

Video and photos: Seal hangs out on dock at Rudee Inlet

  A harbor seal was hanging out Saturday near some watercraft on a dock at BIG SAM’S Rudee Inlet. object width=’344′ height=’275′ id=’player_embed’>http://media.hamptonroads.com/media/embed/hrtv/player.swf?aPlay=false&player=embed&w=425&h=320&vID=10487581 Volunteers from the Virginia Aquarium Stranding Response Team were observing the seal to make sure no people – or dogs – got close. The seal had what are believed to be biteContinueContinue reading “Video and photos: Seal hangs out on dock at Rudee Inlet”

MAN sees bleak year after 2009 net losses

German industrial group MAN SE (MANG.DE) warned it was unlikely to generate growth in sales or earnings this year as a deterioration in revenue from ship engines would wipe out improvements at its truck business. MAN slashed its dividend after swinging to a wider than expected 2009 net loss on Monday, hit by a halvingContinueContinue reading “MAN sees bleak year after 2009 net losses”

‘Deadliest Catch’ Captain Harris dies

  A crab boat captain who dodged danger for decades in the Bering Sea succumbed to a more common American ailment. Phil Harris, 53, made famous on a Discovery Channel reality show, the "Deadliest Catch," died Tuesday. Harris suffered a stroke last month at a remote Alaska port and was flown to Anchorage for treatment.ContinueContinue reading “‘Deadliest Catch’ Captain Harris dies”

Mid Atlantic Boat Show Indoor Fishing Tournament

The Catchin for Kids group is hosting the first ever indoor salt water fishing tournament at this years Mid Atlantic Boat Show. The Tournament is sponsored by TARGETED PROMITIONS and the Mid Atlantic boat show. Entry fee will be five dollars for each attempt and an angler may enter as many times as they like.ContinueContinue reading “Mid Atlantic Boat Show Indoor Fishing Tournament”

Obama takes heat for boat-buying comment

During a speech Tuesday in New Hampshire, President Barack Obama made some comments about fiscal responsibility that have riled some in the boating industry and Las Vegas. See Related Articles NMMA calls on Obama to clarify remarks about buying boats Obama to urge bankers to lend more Obama proposes raising SBA loan limits Obama seeksContinueContinue reading “Obama takes heat for boat-buying comment”

With a new owner, Fountain exits Chapter 11

  Fountain Powerboat Industries has emerged from Chapter 11 bankruptcy protection, company founder Reggie Fountain told Soundings Trade Only this morning. See Related Articles Ruling could keep Reggie Fountain a CEO Reggie Fountain: buoyant in bankruptcy Fountain reorganization plan meets opposition FB Investments unhappy with Fountain disclosure statement Judge upholds Fountain’s exclusivity period The privately-heldContinueContinue reading “With a new owner, Fountain exits Chapter 11”

TIFFANY YACHT BUSINESS FIRE: NORTHUMBERLAND YACHT FIRE

  A yacht business in the Northern Neck is badly damaged by fire that resulted from what witnesses are calling an explosion.Nick Chiles of Reedville sent pictures of the fire to CBS 6.It happened at Tiffany’s Yachts in Burgess in Northumberland County Tuesday afternoon.   YACHT BUSINESS FIRE: NORTHUMBERLAND YACHT FIRE – wtvr

Most Fountain creditors approve reorganization; voting continues

  The majority of unsecured creditors in Fountain Powerboat Industries’ bankruptcy case approves of the company’s reorganization plan, according to documents filed this week in U.S. Bankruptcy Court in the Eastern District of North Carolina. Most Fountain creditors approve reorganization; voting continues

Oceano to represent Yellowfin

Spanish offshore sport fishing specialist Oceano Yachts has reached an agreement with US boatbuilder Yellowfin to represent the brand in both the Spanish and Portuguese markets. Yellowfin builds central console, outboard-powered boats for offshore day fishing between 29ft-42ft. Oceano will for the time focus on the 34, 36 and 42-footers. Oceano to represent Yellowfin

4 rescued from commercial fishing boat in Tangier Sound

  Four people were rescued by the Coast Guard when the Helen Virginia – a 45-foot commercial fishing boat began taking on water in Tangier Sound this afternoon.  Officials say the boat made contact with an oyster dredge that was being used.  After pumping 3000 gallons of water from the boat – it was towedContinueContinue reading “4 rescued from commercial fishing boat in Tangier Sound”

Meet the luckiest sailor alive

  Dennis Clements, battling gale-force winds and 30-foot seas for four days, was tossed from his Cal 39, Gloria A Dios, about 250 miles east of Cape Hatteras, N.C. "I couldn’t see anything," says Clements, recounting the Jan. 2 incident. "These were big waves, man, and it was dark and the wind was blowing likeContinueContinue reading “Meet the luckiest sailor alive”

Two Virginia Boatshows are combined

  Two Virginia shows are combined The Virginia Boat Show’s producer canceled the event, originally scheduled for Jan. 22-24, and will instead combine the downtown show with its Richmond Boat Show on Feb. 19-21. "Due to the market conditions in the boating industry, we made the decision to do one solid event rather than twoContinueContinue reading “Two Virginia Boatshows are combined”

New Boat Line! Captain Max King

  Captain Max King’s Marine is proud to announce the expansion of our dealership. Kencraft Boat Manufacturing and Max King Marine are now partnered. We believe that Kencraft bring a nice match to our current Contender Boat line. Kencraft offers Bay Rider Skiffs and Sea King Boats. If you are a current Kencraft Boat owner,ContinueContinue reading “New Boat Line! Captain Max King”

Jacobs resigns as Genmar CEO

  Irwin Jacobs has stepped down as CEO of Genmar Holdings to avoid a potential conflict of interest as he pursues a purchase of the company. See Related Articles Genmar files for bankruptcy protection Genmar moves from reorganization to sale Judge allows Genmar to work with bidder More details on Genmar’s Chapter 11 filing TextronContinueContinue reading “Jacobs resigns as Genmar CEO”

Fountain to reorganize with Liberty Associates

  Fountain Powerboat Industries Inc., parent company of Fountain Powerboats, has been allowed to reorganize and retain its assets.Following a hearing held in the U.S. Bankruptcy Court in the Eastern District of North Carolina on Friday morning, chief bankruptcy judge Randy Doub ruled in favor of Fountain and will allow the company to restructure itsContinueContinue reading “Fountain to reorganize with Liberty Associates”

Fountain looks to investment firm to hold company together

  Fountain Powerboat Industries says that a deal is pending between its executives and an investment group to save the company from being auctioned. A bankruptcy auction for the company’s production facilities, tooling, and Fountain and Baja brands is scheduled for next Monday. Reggie Fountain, president and CEO, told The Washington Daily News that theContinueContinue reading “Fountain looks to investment firm to hold company together”

Beached whale found in Gloucester

  The state announced Tuesday it’s stepping in to help remove a beached whale from the north side of the York River in Gloucester Point. The whale was discovered near Allen Island sometime on Saturday. A stranding response team representative from the Virginia Aquarium tells WAVY.com the state is trying to find a landfill thatContinueContinue reading “Beached whale found in Gloucester”

Possible Buyer For Fountain Powerboats?

  Hustler Powerboats is reporting on its Facebook page that it is in negotiations to buy Fountain Powerboats in Beaufort County. According to its website, Hustler Powerboats is located in New York and was started in 1979. Here’s what the company Facebook says: "Hustler is currently in negotiations to purchase Fountain powerboats and all itsContinueContinue reading “Possible Buyer For Fountain Powerboats?”

Fountain Update: Hustler to pursue Fountain assets

  Hustler Powerboats said in a statement today that it is going into negotiations to purchase Fountain Powerboats and all its assets. Fountain filed for Chapter 11 bankruptcy protection on August 25, 2009. Hustler said Fountain’s assets are scheduled to go to auction on October 5. Hustler would move its operations from New York toContinueContinue reading “Fountain Update: Hustler to pursue Fountain assets”

Documents detail Fountain’s assets

  While court documents show Fountain Powerboat Industries has $3 in assets, Fountain Powerboats, Baja by Fountain and Fountain Dealers’ Factory Superstore, list substantially more assets than their parent company. See Related Articles Fountain files Chapter 11 Fountain looks for more capital Hustler Powerboats negotiating to buy Fountain Judge sets hearing on sale of FountainContinueContinue reading “Documents detail Fountain’s assets”

Va. boating crashes on the rise in Virginia

The number of boating crashes in Virginia is up significantly from last year, and cheaper gasoline may be part of the reason. The Virginia Department of Game and Inland Fisheries has recorded 134 accidents offshore, in the Chesapeake Bay and on all freshwater through Sept. 9. Va. boating crashes on the rise | Richmond Times-Dispatch

Raymarine, Boston Whaler form partnership

Raymarine was named the exclusive marine electronics supplier to Boston Whaler. See Related Articles Garmin: Any offer for Raymarine would be in cash Jeppesen, Raymarine announce partnership Raymarine announces partnership with Ranger Boats Raymarine confirms sale talks with Garmin Raymarine issues recall of Sport Drive Pilot Raymarine products are now factory-installed options on 18 ofContinueContinue reading “Raymarine, Boston Whaler form partnership”

Six people rescued from sinking boat out of Va Beach

  The U.S. Coast Guard and some good Samaritans helped rescue six people from a sinking boat northeast of Lynnhaven Inlet on Sunday. The 28-foot boat Fishbones was taking on water about 30 miles east of Elizabeth City, N.C., at about 8:30 a.m., a Coast Guard news release said. The crew of the Canyon ExpressContinueContinue reading “Six people rescued from sinking boat out of Va Beach”

Reggie Fountain talks about Chapter 11 filing

  Fountain Powerboat Industries chairman and CEO Reggie Fountain was upbeat this morning as he talked about the plan to bring his company through Chapter 11 reorganization and to continue to build the boats that have borne his name since 1979. See Related Articles Documents detail Fountain’s assets Fountain files Chapter 11 Fountain looks forContinueContinue reading “Reggie Fountain talks about Chapter 11 filing”

Chesapeake bridge closed to vehicle, water traffic after collision

The Gilmerton Bridge will be closed to vehicle traffic this afternoon while divers clean up debris that was knocked into the water when a tug clipped the structure’s fender system, a city news release says. Chesapeake bridge closed to vehicle, water traffic after collision | HamptonRoads.com | PilotOnline.com

Last pole-driven river ferry may close in Virginia

For more than 130 years, ferrymen have jammed poles into the James River’s gravelly shallows to push the Hatton Ferry slowly across to other side. The unique calling now may be days from extinction: America’s last known hand-poled ferry is a casualty of ebbing state finances and politics.   Maritime news, commercial marine directory andContinueContinue reading “Last pole-driven river ferry may close in Virginia”