Beneteau Group reports first-half fiscal results

The Beneteau Group is reporting an 18.2 percent gain in boat sales for the first half of its fiscal year, up from about $230 million between September 2013 and February 2014 to $272.6 million in the same time period through February this year.

Cobalt’s submersible swim step is the focus of the lawsuit.

Cobalt vs. Sea Ray in patent lawsuit

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.

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Downsizing? Call it ‘right-sizing’

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

Advocates of regulatory reform say federal saltwater fishing policy shortchanges recreational anglers.

All aboard on Morris-Deal

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.

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Selling boats in a blizzard

Attendance at the Progressive New England Boat Show fell drastically because of frigid February weather and several feet of snow, but many exhibitors say the people who did show up were buying boats.

Red-snapper plan receives industry backing

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.

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