Are gas prices for another declining market? BYM News reveals the report from the National Marine Manufacturers Association (NMMA) that says registrations for new powerboats fell 3 percent in the third quarter of 2007 and 7 percent year-to-date through September. A total of 352,418 new powerboats were registered in the U.S. for the rolling 12-month period through the third quarter of the year. The Providence Journal reports that Thom Dammrich, president and CEO of the NMMA, speaking on National Public Radio Monday said that boat sales nationwide may have fallen more than 10 percent last year. The areas of the marine market that grew included ski/wakeboard boats and personal watercraft and the no-gas-required kayaks and canoes. The NMMA has found that more and more people are getting interested in boating, which could bode well for the industry once economic tensions ease.

A luxury yacht that you can't get seasick on? That's the promise of the Ferretti 630. The Times Online reports on the yacht which uses a stabilizer system called Anti Rolling Gyro (ARG) to stop side-to-side motion. Here's how it works: there is a 154lb steel and aluminum gyroscope in the bottom of the hull with an electric motor, when the sea gets rough and the boat get tilty, the gyroscope spins against the lean and helps keep the boat on an even keel. The stabilizer not only has the benefit of keeping your guests from getting nauseous, it also can help objects stay put rather than pitching and rolling with the boat. The three-cabin yacht has other lovely details like a massage lounge in the owner's cabin and a padded sun lounge on the flybridge. The Ferretti 630 sells for around l £1.57 million and is currently on display at the Southampton boat show.

BYM News reports that Wave magazine, a Miami-based magazine is launching a new $1 Million Boat Auction at the Miami International Boat Show, February 16-20. The first three boats up for auction in February are a 2006 Glastron SX195, a 19-foot family runabout, a 2006 Wellcraft 232 Fisherman, a 23-foot center console and a 2006 Four Winns 278 Vista, a 28-foot cruiser, shown here which retails for over $108,000. Boat show visitors will be able to bid at the Internet Cafe sponsored by Wave at the Miami Beach Convention Center or anywhere there is Internet access. The first auction starts February 15.