June retail boat sales remained soft for fiberglass boats and personal watercraft, but rates of decline were lower than in May for both segments.
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Caterpillar today reported a second-quarter profit of $1.09 per share, an increase of 49 cents per share from a profit of 60 cents per share in the second quarter of 2009.
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A couple recently enjoying a day of sailing near Cape Town harbor in South Africa were surprised when a Southern right whale jumped up and smashed into their boat.
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Brunswick Corp., today announced it will consolidate production of its Hatteras and Cabo brands at the Hatteras facility in New Bern, N.C., and close the California plant where Cabo yachts are produced.
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Recreational boating is highlighted in a final report on ocean management, which was used as the basis for the Obama administration's establishment of a National Policy for the Stewardship of the Oceans, Coasts and Great Lakes.
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Negotiations for the sale of the assets of Century Boats did not result in a purchase, Yamaha Motor Corp. USA announced. However, the company said it remains interested in selling the assets, in whole or in part.
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The Environmental Protection Agency is calling for comments on marine sanitation devices, the National Marine Manufacturers Association announced.
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West Marine today reported net revenues of $233.4 million for its second quarter ending July 3, an increase of $18 million, or 8.4 percent, from net revenues of $215.4 million a year ago.
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Sea Ray Boats and dealer Sail & Ski Center said an estimated 7,000 boats and 65,000 to 70,000 people attended Brad Paisley's concert last Saturday at the AquaPalooza 2010 Signature Event on Lake Travis near Austin, Texas.
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Cummins is expanding its High-Horsepower Technical Center and high-horsepower engine product line at its manufacturing facility in Seymour, Ind., which is expected to result in approximately 200 engineering and manufacturing jobs in the next five years, the company announced.
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John Paul DeJoria, who partnered with Irwin Jacobs to form J&D Holdings, says he's involved with the new boatbuilding company because it has the potential for being a billion-dollar business. "If I didn't think there was any growth towards a billion, I wouldn't even consider it," he said.
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Cook Composites and Polymers was again found not responsible for cracking of gelcoat on yachts built by Viking Yacht Co. and Post Marine Co. between 1997 and 2004.
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