A New Orleans federal court judge found BP grossly negligent and chiefly responsible for the April 2010 Deepwater Horizon oil spill at its Macondo well in the Gulf of Mexico — the worst offshore oil spill in U.S. history.
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.
Yves Carcelle, former chairman and CEO of Louis Vuitton and a longtime supporter of the America’s Cup, died Sunday in Paris at the age of 66.
The Conference Board’s Consumer Confidence Index improved again in August, reaching its highest level since October 2007.
Out to sea, away from the Peruvian tourist town of Huanchaco, fishermen tend nets in small reed boats with pointed bows that are known as caballitos de totora, or little reed horses.
Cuba is gaining attention as a potential trade partner for the marine industry as some speculate whether the United States will lift its half-century trade embargo with the country.
The Gold Coast International Marine Expo in Queensland, Australia, will feature more than just superyachts and kayaks, fishing equipment and PWC.
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 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.