British luxury yacht builder Sunseeker International has cut 240 jobs.
The marine industry is a global enterprise. Builders, dealers, marinas, equipment manufacturers and other businesses are found worldwide, and there are major boat shows on all continents.
An independent report into the grounding of Team Vestas Wind’s boat on a reef in the Indian Ocean was recently set up by the Volvo Ocean Race.
Two men hijacked a Canadian fishing boat operator at knifepoint on Tuesday, demanding that he drop them on U.S. soil.
The Gold Coast International Marine Expo and Riviera Festival of Boating announced new dates that clash with the nearby Sanctuary Cove International Boat Show.
Bermuda wooed America’s Cup organizers with a $77 million package in its bid to host the 2017 regatta.
The Italian marketing firm Sand People Communication added a new public relations team, redesigned its website and logo and relocated its headquarters to Switzerland.
Norwegian e-navigation company Navtor opened an office in Singapore.
Shortly before Louis Chenevert, CEO of manufacturer United Technologies Corp., abruptly retired, he made a side trip to Taiwan to check on the construction of his 110-foot yacht.
The U.S. economy added 321,000 jobs in November and the gains were widespread, led by professional and business services, retail trade, health care and manufacturing, the government reported today.
Turkish builder Numarine said it completed the production of its latest model, the new 70 Flybridge.