UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

        Date of report (Date of earliest event reported): April 23, 2003

                           Commission File No. 1-16263

                           MARINE PRODUCTS CORPORATION
             (exact name of registrant as specified in its charter)

           Delaware                                     58-2572419
(State or other jurisdiction of          (I.R.S. Employer Identification Number)
 incorporation or organization)

               2170 Piedmont Road, NE, Atlanta, Georgia     30324
               (Address of principal executive offices)  (zip code)

                                 (404) 321-7910
               Registrant's telephone number, including area code


Item 5.  Other Events

On April 23, 2003,  registrant  issued a press release entitled "Marine Products
Corporation Announces First Quarter Cash Dividend," that announces the quarterly
dividend of $0.04 per share.

Item 7.  Financial Statements and Exhibits

      (c)   Exhibits.

            Exhibit 20 - Press release dated April 23, 2003.

                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                           Marine Products Corporation.

Date: April 23, 2003                       /s/ BEN M. PALMER
                                           -------------------------------------
                                           Ben M. Palmer
                                           Vice President,
                                           Chief Financial Officer and Treasurer