mja5ntq3nda1mjkxndmxntc0_2
The 2024 Global Marine Industry Workplace Study
Advertisement

Bankruptcies and Restructuring

Seattle boatyard closes shop

Seattle’s Lake Union Yacht Center closed Nov. 30, following a 60 percent drop in business. Just two years ago the company had moved to a

Longtime N.C. dealership closes shop

A North Carolina boat dealership, which was in business 40 years, recently closed its doors. Crocker’s Marine, a Grady-White and Parker dealership, “closed permanently” Oct.

Pair of Florida marinas struggle

Two Florida marinas are the latest to fall victim to tough economic times. The Flagship Marina in Sebastian, Fla., has foreclosed in what is one

Madoff yachts will be auctioned off

National Liquidators will auction three vessels previously owned by Bernard Madoff at 4 p.m. Nov. 17 at its headquarters in Fort Lauderdale. The sale includes

Dometic forms new ownership structure

Dometic Group reached an agreement regarding a new ownership structure and financing, the company said in a statement. Dometic’s majority owner, BC Partner, and a

Fiberglass Coatings exits Chapter 11

Fiberglass Coatings reports that it has successfully emerged from Chapter 11 bankruptcy proceedings and has resumed normal operations. “Fiberglass Coatings Inc. was able to restructure

Whittley names administrators for restructuring

Deloitte partners Sal Algeri and Tim Norman were appointed as administrators of Australian boatbuilder Whittley Marine Group by the company’s directors. “The voluntary administration is

Kentucky dealership files for Chapter 11

Lake Cumberland Marine, a dealership in Somerset, Ky., has filed for bankruptcy protection. The company, which employs about 30 people, hopes to create a reorganization

Seattle boatyard closes shop

Seattle’s Lake Union Yacht Center closed Nov. 30, following a 60 percent drop in business. Just two years ago the company had moved to a

Longtime N.C. dealership closes shop

A North Carolina boat dealership, which was in business 40 years, recently closed its doors. Crocker’s Marine, a Grady-White and Parker dealership, “closed permanently” Oct.

Pair of Florida marinas struggle

Two Florida marinas are the latest to fall victim to tough economic times. The Flagship Marina in Sebastian, Fla., has foreclosed in what is one

Madoff yachts will be auctioned off

National Liquidators will auction three vessels previously owned by Bernard Madoff at 4 p.m. Nov. 17 at its headquarters in Fort Lauderdale. The sale includes

Dometic forms new ownership structure

Dometic Group reached an agreement regarding a new ownership structure and financing, the company said in a statement. Dometic’s majority owner, BC Partner, and a

Fiberglass Coatings exits Chapter 11

Fiberglass Coatings reports that it has successfully emerged from Chapter 11 bankruptcy proceedings and has resumed normal operations. “Fiberglass Coatings Inc. was able to restructure

Kentucky dealership files for Chapter 11

Lake Cumberland Marine, a dealership in Somerset, Ky., has filed for bankruptcy protection. The company, which employs about 30 people, hopes to create a reorganization

Advertisement
Advertisement