Team Vestas Wind skipper Chris Nicholson flew back to a remote Indian Ocean reef to help oversee a complicated operation to retrieve his stranded boat after it was grounded there during the second leg of the Volvo Ocean Race nearly three weeks ago.
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.
U.S. companies applauded the White House announcement Wednesday of plans to lift the 54-year-old trade embargo with Cuba.
British luxury yacht builder Sunseeker International has cut 240 jobs.
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.