Safety on the water is important to the marine industry, but accidents happen. Builders, dealers, boatyards and other marine businesses can learn from them.

VIDEO: 85-foot yacht capsizes upon launch

Six people escaped serious injury Sunday evening when a new 85-foot yacht built by Northern Marine Industries capsized immediately after it was launched in Anacortes, Wash.

South Korean ferry captain is focus of investigation

In a scenario that echoes the deadly Costa Concordia shipwreck, the captain of a ferry that sank off the coast of South Korea on Wednesday is facing a criminal investigation and is suspected of being one of the first people to abandon the doomed vessel.

Boat collision off Texas coast leads to oil spill

Safety and recovery teams were continuing their effort today to clean up an oil spill in the Gulf of Mexico off the Texas coast with the planned deployment of four skimming vessels as another 20 vessels stood ready to help, according to the Coast Guard.

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