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

Sailboat owned by Google chairman’s wife sinks

A 46-foot classic wooden sailboat owned by Wendy Schmidt, wife of Google executive chairman Eric Schmidt, caught fire and sank off Rhode Island on Friday while returning to Nantucket, Mass., according to the Coast Guard.

VIDEO: Boating deaths mar Memorial Day weekend

Good weather throughout most of the country had pleasure boaters taking to the water during the long Memorial Day weekend, with many in the north splashing their boats for the first time after a long, hard winter.

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.

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