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Coast Guard faults Bounty captain in 2012 sinking

It came down to poor finances, a captain’s superstition that voyages should never begin on Friday — the day of Jesus Christ’s crucifixion — the desire to get home in time for Thanksgiving and the belief that a ship is safer at sea than at port during a storm.

President Obama signs dredging legislation into law

President Obama signed bipartisan legislation this week acknowledging that recreational boating is a significant contributor to the nation’s economy, according to BoatUS, which said it will work to implement the law.

Analyst raises expectations for MarineMax

An analysis firm is raising its guidance of MarineMax after holding “bullish” management meetings with CEO Bill McGill and chief financial officer Mike McLamb that indicated an increase in retail lending and higher-than-expected margins would contribute positively to the company’s bottom line.

Marine Industry Day set for South Florida

The Marine Industries Association of South Florida is hosting a panel discussion Wednesday on the industry’s economic impact and educational opportunities, followed by the launch of a scholarship program, at Nova Southeastern Oceanographic Center in Dania Beach.

President Obama set to sign dredging legislation

President Obama is expected to sign the $12.3 billion Water Resources Reform and Development Act, the first water bill in seven years and what some say will be the last big legislative accomplishment of the 113th Congress.

Vessel Vanguard signs deal with Formula Boats

Marine maintenance management company Vessel Vanguard and Formula Boats signed a 5-year subscription agreement, a move that expanded the company’s client base beyond the yachts it typically serves.

Industry unhappy with Magnuson-Stevens bill in House

The recreational fishing and boating community is expressing collective disappointment after a saltwater fishing bill in the U.S. House of Representatives failed to address the community’s top priorities.

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