Accidents

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

The $10 million yacht Baaden about one minute after the ill-fated launch.

A ‘breakdown in oversight’

The National Transportation Safety Board says the capsize of an 85-foot Northern Marine yacht during its launch last year was probably a result of the vessel’s low margin of stability. The board attributed the stability problem of the $10 million yacht, which was a complete loss, to the combined effects of a recording error during…more

Workers dismantle Costa Concordia in Italy

Nearly four years after the Costa Concordia wrecked off the coast of Isola del Giglio in Italy on Jan. 13, 2012, 200 technicians are working to dismantle the cruise ship.

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