Cobalt Boats is suing Sea Ray Boats, alleging that the company has infringed on Cobalt’s patent for a submersible swim step. The complaint, filed in U.S. District Court for the Eastern District of Virginia, contends that Sea Ray’s “reckless” infringement of the patent has caused Cobalt to lose sales.
Businesses were so focused on survival after the recession that few have looked ahead to anticipate the next one. But Russo Marine is cutting its overhead by 40 percent by “right-sizing” the dealership, which means selling the flagship store in Medford, Mass., and moving into a smaller one — on a bigger piece of land —…more
In an unprecedented show of solidarity among saltwater fishing stakeholders, the Recreational Fishing Alliance is endorsing a vision for managing saltwater fisheries that would give recreational anglers a seat at the table.
The marine industry offered widespread support for a plan under which the Gulf states would manage their red snapper populations 200 miles offshore, as opposed to the federal management that the species has faced to this point.