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Viking stays steady in rough waters

70-foot convertible boosts business at New Jersey builder, which has recalled 275 workers Sitting at a table under the Viking Yachts display tent, Pat Healey had 12 good reasons to smile broadly on the last day of the 2010 Fort Lauderdale International Boat Show. His team had sold 12 Vikings, and only one had gone…more

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Grand plans for a famed Miami boatyard

The 125-year-old Merrill-Stevens Drydock Co. is back in business under a new name, Marlow Merrill Stevens, with a new owner, boatbuilder David Marlow, who plans a renaissance for the historic yard on the Miami River. “This is an iconic dowager that needs to be put back in shape,” says Marlow, 67, chairman of Palmetto, Fla.-based…more

Dockwise wants to arm against pirates

Dockwise Ltd., the parent company of Dockwise Yacht Transport, has threatened to abandon its Netherlands flag unless the Dutch government authorizes Dutch-flagged ships to carry armed security contractors to protect crews from pirates when they transit the Indian Ocean and Gulf of Aden. Dockwise Ltd.’s yacht transport division, headquartered in Fort Lauderdale, doesn’t operate any…more

In a turbulent economy, what’s a yacht worth?

Figuring out a boat’s value depends partly on what it could be worth in a few years, and in today’s market that can be a lot like reading tea leaves. “You’ve got to be able to project what a yacht will be worth in three to five years,” says Jason Dunbar, a broker and yacht…more

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Partners offer a boat, a tow and a place to go

MarineMax, Sea Tow and Marinalife team up   MarineMax’s new partnership with Sea Tow Services International and Marinalife isn’t just a win-win, but a win-win-win-win, the principals said at the deal’s unveiling at the Miami International Boat Show. MarineMax’s boat buyers will be introduced to Sea Tow, the marine assistance provider, and to Marinalife, the…more

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Opportunities instead of obstacles

Blind dealer Vincent Morvillo has a unique perspective as he conquers challenges beyond the economy   Vincent Morvillo learned early on to “see” differently because the 65-year-old yacht dealer, consultant and motivational speaker has been blind since birth. “I had to think differently because I always had to learn to do things differently,” says Morvillo,…more

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Car loans easier to get — boats next?

Credit loosening helps boost auto sales; signs of a marine thaw emerge   The auto industry is crowing over an 11 percent uptick in 2010 sales that has been driven in large measure by aggressive, even subprime lending to car buyers, but that dramatic easing of retail credit has yet to reach the boat market.…more

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Marinas on shores of opportunity

International Marina and Boatyard Conference attendees are told their sector will lead the recovery The prognosis for marina operators is good, although the economy probably will drag along at a 3 to 3-1/2 percent annual growth rate for the next two to three years, according to economist J. Antonio Villamil and marina guru Neil Ross,…more

Marina survey finds a changing climate

The news from the field was mixed – some marinas doing better, some worse – in an Association of Marina Industries survey of 124 marina professionals. “Not everyone is on the way down. Some are on the way up,” association president Jim Frye said as he and Kirby Scheimann, an International Marina Institute instructor, released…more

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Competing visions cloud marina makeover

Activists in Riviera Beach, Fla., oppose proposal for superyacht yard, force a November referendum The waterfront in Riviera Beach, Fla., is a diamond in the rough, but oh how rough it is and how tough it has been to turn that asset into the gem many think it could be. A divided city council in…more

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