Microsoft founder Bill Gates enjoyed some family time aboard The Serene, a $330 million yacht that Gates and his family are renting for $5 million a week.
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.
The Australian navy patrol boat HMAS Bundaberg became engulfed in flames today during maintenance work in a Brisbane dry dock.
Marinanow is a new European site for people looking to berth or charter their boats — similar to the Airbnb model — and has raised seed funding to get started.
When Dennis Jones took delivery of his custom 164-foot Christensen, he decided the $34 million he paid for it was equal to the $34 million he’d donated to charity.
Following Team Australia’s announcement that it would pull out of the America’s Cup race, the remaining challenging teams issued a statement confirming their commitment to the event.
Manufacturing is projected to be cheaper in the United States than in China by 2018, and only seven of the 25 largest exporting countries now have lower manufacturing costs than the United States. Since 2004, U.S. manufacturers have improved their competitiveness, compared with every major exporter except India, Mexico and the Netherlands, according to a…more
The Sino Eagle Yacht Co. signed Multihull Central as its exclusive Australian dealer for the Aquila 38, 44 and 48 power catamarans.
An independent review of the search for Niña, lost more than a year ago on the Tasman Sea with its seven crewmembers, found that the New Zealand rescue authority did all it should have done — and more — to try to find the 84-foot schooner.
The economy added 288,000 jobs in June and the unemployment rate declined to 6.1 percent, the Bureau of Labor Statistics reported today — the lowest level since September 2008.
The U.S. economy contracted more than economists initially thought in the first quarter, with real GDP down 2.9 percent at the annual rate.