SeaArk Marine suspends orders for new boats

摘要

Aluminum boatbuilder SeaArk Marine announced in August that it was suspending acceptance of new boat orders until further notice. The company said it has been suffering through sporadic and "extremely low" new construction sales for almost two years.Calling it an "overhead reduction plan," the company said it's going to try to wait out the existing market conditions until it sees substantial improvement in the government and industrial marine sectors.