Entrepreneur

To Boost Tourism and Combat Erosion, This Company Is Installing Artifical Reefs in the Sea

Walter Marine has installed more than 35,000 reefs in waters in the U.S., Saudi Arabia, Mexico and other countries.

A band played as The LuLu, a 271-foot retired coastal freighter, sank to the bottom of the Gulf of Mexico. But this wasn't a Titanic moment. The May 2013 event taking place 17 miles offshore was just another workday for Orange Beach, Ala.-based Walter Marine, the country's largest maker of artificial reefs.

The LuLu being sunk to the bottom of the Gulf of Mexico
The LuLu being sunk to the bottom of the Gulf of Mexico
Image credit: Walter Marine

has installed more than 35,000 reefs in waters in the U.S., as well as in Saudi

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur9 min readPopular Culture & Media Studies
15 Side Hustles You Never Knew Existed
If you don’t get squirmy around creepy-crawlies, try breeding insects! Crickets, Dubia roaches, and mealworms are all easy to cultivate, and lizard-owners never stop needing to feed their reptiles. Jeff Neal learned this in 2016, when he bought his d
Entrepreneur2 min read
Weathernews Inc.
“Asia will be the furnace in which a new era is forged,” according to global consultancy McKinsey – and Japan, as the continent’s second-biggest economy, will play a central role in this. The key engine of growth is likely to be services, which accou
Entrepreneur2 min read
The Loss That Changed My Company
When I was 17, I founded a company to save police officers’ lives. We distribute and manufacture body armor and other protective equipment. And yet, I will admit: For the first eight years, this work felt abstract—like watching war unfold on the nigh

Related Books & Audiobooks