KVH Industries Inc.’s profit rose 71.9 percent during the fourth quarter of 2012 and 316 percent for the year as a whole, the company reported Tuesday. more

NORTH KINGSTOWN – Brandaris Maritime, a local provider of marine-related educational-enrichment programs, has partnered with St. Mary’s Home for Children on the “SeaPerch” program, which equips students to build an underwater Remote Operated Vehicle. more

Summer may be the season for sailing in Rhode Island, but winter is shaping up to be prosperous as well. Two major February announcements – that Newport will be the only United States stop on the 2014-2015 Volvo Ocean Race and that last summer’s America Cup World Series Event brought a total of $52.7 million to the state - bring promises of continued industry success. more

On Wednesday night, the New England Fishery Management Council voted to cut the catch limit on Gulf of Maine cod by 77 percent, a move the opposition claims is tantamount to shutting down the industry, The Gloucester Times reported. more

The Port of Davisville at Quonset Business Park had its third consecutive record-breaking year, according to Gov. Lincoln D. Chafee, who joined state officials and local business leaders on Wednesday to announce the port’s success. more

PROVIDENCE – R.I. Department of Environmental Management Director Janet Coit was awarded the John H. Chafee Boater of the Year Award by the Rhode Island Marine Trades Association at the Providence Boat Show. more

R.I. Department of Environmental Management Director Janet Coit has been named the John H. Chafee Boater of the Year by the R.I. Marine Trades Association. more

The University of Rhode Island has received roughly $2.5 million from the estates and bequests of URI alumni brothers John and David Parker, the University of Rhode Island Foundation announced Tuesday. more

As part of its 10th anniversary celebration, the Working Waterfront Festival is launching the Portholes Project, a series of free, monthly programs to spark conversation about issues facing working waterfronts. more

Dockworkers and their employers reached a tentative agreement on royalty payments, averting a strike that would have shut down eastern U.S. ports for the first time in 35 years. more