(soundings) Fountain Powerboat Industries has emerged from Chapter 11 bankruptcy
protection, company founder Reggie Fountain told Soundings Trade Only
this morning.  Source

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• Legendary boat builder on the verge of bankruptcy

     (powerboat-world)  North Carolina’s Reggie Fountain, CEO of the legendary ‘muscle boat’ builder, Fountain Powerboats, has filed for Chapter 11 bankruptcy protection and will attempt to sell off the company’s assets.  Source

• Northeast Florida Boating lord dies

     (soundings) John T. Lowe, known in northeast Florida as “Mr

• Watching Hurricane Bill out of the water

     (soundings)  Boaters and marine businesses throughout the East Coast of the United States are keeping an eye on Hurricane Bill as it moves west toward Bermuda.  An advisory this morning from the National Hurricane Center showed the storm, now a Category 3 hurricane, about 380 miles north-northeast of the Leeward Islands and about 695

• Watching Hurricane Bill out of the water

     (soundings)  Boaters and marine businesses throughout the East Coast of the United States are keeping an eye on Hurricane Bill as it moves west toward Bermuda.  An advisory this morning from the National Hurricane Center showed the storm, now a Category 3 hurricane, about 380 miles north-northeast of the Leeward Islands and about 695

• Providence Boat Show agenda announced

     (soundings) The 17th annual Providence (R.I.) Boat Show will be held Jan. 7-10, 2010 at the Rhode Island Convention Center.  Source

• Sea Ray founder dies after long cancer battle

     (soundings)  Cornelius Nathaniel “Connie” Ray III, founder of Sea Ray Boats, died Nov. 12 after a five-year battle with cancer. He was 84 years old.  Source

• Industry veteran Rocheleau dies after cancer battle

     (soundings) Marine industry veteran Donald G. Rocheleau passed away in his home last Friday after a battle with cancer. He was 76.  Source

• IYRS to hold annual career day

     (soundings) The International Yacht Restoration School’s fifth annual Marine Industry Career Day is set for March 6 in Newport, R.I.  Source

• Hinckley should hire some of those employees on leave again

     (soundings) The Hinckley Company is reporting an increase in orders and that it is preparing to rehire some of the employees who have been furloughed because of a lack of sales.  Source

• Sales exceeded expectations at the U.S. Sailboat Show

     (soundings)  Surprisingly strong sales for what has been a down market, and a growing of sense of optimism, were the story at the U.S. Sailboat Show, held Oct. 8-12 in Annapolis, Md.  Source

• Americas Cup opener postponed again

     (soundings) America’s Cup racing was cancelled for the second time, as the race committee today decided waves were too high for the huge multihulls.  Source

• SName hold meetings in Providence, RI

     (soundings) The Society of Naval Architects and Engineers will host its 2009 annual meeting and expo Oct. 21-23 at the Rhode Island Convention Center in Providence.  READ MORE

• Mega yacht segment sees signs of recovery

     (soundings)  Many assume the megayacht segment is resistant to economic downturns because affluent buyers don’t feel the financial pinch.

• MRAA supported the work on the water bill

     (soundings)  The Marine Retailers Association of America recently sent a letter to Rep.

• The winners of Newport called for new products

     (soundings) The C.W. Hood 43 captured “Best New Powerboat,” the Summit 35 was named “Best New Sailboat,” and the EFOY Smart Fuel Cell was judged “Best New Boating Product” at the Newport (R.I.) International Boat Show, which took place last weekend.  Source