A wave suppression device, for use suppressing waves and for use in the demarcation of swimming pool lanes, comprised of a cylindrical core having a plurality of fins radially extending from its outer surface. The fins are positioned substantially coextensively along the length of the core. At least one spacer is circumferentially positioned about and connected to the core member and fins. A flotation assembly is axially positioned within the core member and compression fit against the inner surface thereof. The flotation assembly includes a central axial opening for receiving a cable or like device for stringing a plurality of wave suppression devices together to form a lane demarcation.