Work continues on the first hull of the future flagship of the Nordhavn line — the Nordhavn 120 — parent company Pacific Asian Enterprises Inc. said in January.
“Even in its unfinished state the boat is so impressive,” project manager Trever Smith says.
The N120 will become the flagship of Nordhavn’s fleet of 16 ocean expedition yachts. The smallest is 40 feet.
The N120 will be sea-trialed and commissioned at the factory in the presence of its owner’s crew, who will then deliver it on its own bottom at a cruising speed of about 12 knots.
The boat is expected to be delivered at the end of this year.
Brunswick is awarded $36M military contract
The Army Space and Missile Defense Command/Army Forces Strategic Command awarded a $36 million contract to Brunswick Commercial and Government Products to supply as many as 60 Boston Whaler Justice models of 32 and 37 feet.
The boats will support the U.S. Southern Command’s counternarcotics assistance program within Central America and the Caribbean to counter transnational organized criminal networks in Latin America and will be supplied over a four-year period.
“These models are fast and extremely durable — a perfect match for their mission,” Brunswick Commercial and Government Products general manager Jennifer Butera said in a statement.
Shows report some attendance gains
Winter boat shows from north to south are reporting substantial increases in attendance and more visitors who are focused on buying.
• More than 11,000 people attended this year’s Charleston (S.C.) Boat Show, held Jan. 27-29 at the Charleston Convention Center. Organizers say that was a 42 percent increase from last year’s show. “The show was a great success, and attendance was up significantly, with the dealers reporting sales of more than 127 boats and receiving very strong leads. The feedback has been overwhelmingly positive,” JBM & Associates show manager Debbie Taylor said in a statement.
• The 54th annual Toronto International Boat Show, which ran Jan. 13-22, reported an overall attendance of 76,253, up 5 percent from 2011. “The results are consistent across most product segments of the industry,” show manager Cynthia Hare said in a statement. “Exhibitor feedback was overwhelmingly positive.”
• Total attendance for the Progressive Insurance Chicago Boat, Sports & RV Show increased 7 percent despite a slower first two days because of bad weather, the National Marine Manufacturers Association reported. The NMMA said 35,402 people attended the event, which ran Jan. 12-16 at McCormick Place. The show switched its date pattern this year, moving from Wednesday-Sunday to Thursday-Monday to take advantage of the Martin Luther King holiday.
“[We] talked to many people from not only all surrounding states, but as far away as Iowa. The buyer is back,” Duane Krueger, of Premier Pontoons, told the NMMA.
• The 56th annual Houston International Boat, Sport & Travel Show, held at the Reliant Center, reported better-than-expected attendance in the wake of a first-time forced shutdown and widespread flooding. The Jan. 6-15 show, the largest of its kind in the country, was required to shut its doors during its first Saturday of operation, Jan. 7, because of an NFL playoff game at Reliant Stadium, which is adjacent to the Reliant Center. In addition, torrential rains and floodwaters in Houston the following Monday prevented consumers, and even exhibitors, from getting to the show.
“Considering all the obstacles we faced this year, we did really well. Not surprisingly, overall attendance was not where we wanted it to be, but when you have to shut down for one day and then you deal with major flooding two days later, this is to be expected,” show president Ken Lovell said in a statement.
J&D brands sign sales deal in China
J&D Acquisitions announced it formed an exclusive partnership in China with one of the country’s largest state-owned companies, Poly Technologies Inc., for the sales and distribution rights for Marquis Yachts, Carver Yachts, Larson, Striper and Triumph Boats throughout China.
“I’m extremely pleased that we are now able to include all J&D boat brands into our recently announced [joint venture] agreement with the prestigious Poly Technologies Inc. company of China,” company chairman Irwin Jacobs said in a statement.
“Similar to the recent Poly Marquis Yacht Co. JV, the additional boat brands of Carver Yachts, Larson, Striper and Triumph will be on display at our new distribution center and offices at the beautiful Serenity Marina and Yacht Club in Sanya, China,” he added.
J&D Acquisitions is the parent company of the Larson, Striper, Triumph, Marquis and Carver boat companies and is a partnership owned by Jacobs and John Paul DeJoria.
Reichhold opens plant in China
Global composite and coatings supplier Reichhold recently launched its new manufacturing facility in Tianjin in northern China. North Carolina-based Reichhold has 20 manufacturing sites and five technology centers worldwide.
The plant will produce a full Reichhold composites product line, including unsaturated polyester resins, vinylester resins, gelcoats and bonding pastes. The market applications will cover wind power, high-performance anti-corrosion, marine, high-speed train, industrial construction, electronics and the electrical industry.
“The market in China is very important to Reichhold. It is the largest composites market in the world and is growing rapidly. Many of our global customers have a Chinese presence and need from Reichhold the same products available in China as elsewhere in the world,” Reichhold chairman, president and CEO John Gaither said in a statement.
Fuel-system maker launches expansion
Algae-X International, a manufacturer of diesel fuel quality-optimization equipment, said in January that it is expanding its Fort Myers, Fla., headquarters and will more than double its production, assembly and office space.
“Both our domestic and export business are rapidly growing. AXI is working with clients and new partners more than ever before in South America, Europe, the Middle East and Asia. Expanding the size of our facilities here in southwest Florida enables us to accommodate this growth and to continue to adequately service our customers in these markets,” chief executive Wout Lisseveld said in a statement.
Builder and dealer file for bankruptcy
Kentuckiana Yacht Sales, of Jeffersonville, Ind., and its related manufacturing company, Jefferson Yachts Inc., filed for liquidation under Chapter 7 of the bankruptcy code in U.S. Bankruptcy Court in the Southern District of Indiana.
In court documents filed Jan. 23, Kentuckiana lists about $221,000 in assets and more than $1.75 million in liabilities. Jefferson Yachts lists about $17,000 in assets and more than $570,000 in liabilities.
According to information on its website, Kentuckiana was founded in 1960 and sold Carver, Jefferson, Marlago, Monticello River and Regal boats, among others.
Jefferson Yachts was founded by Leon Shaw in 1982, according to information on its website, and it builds boats in five series, ranging from the 35-foot Marlago center console to the 82-foot Starship Raised Pilothouse.
AOC raises resin prices
Global supplier AOC LLC will increase prices 7 cents a pound in the United States and $0.155 a kilo in Canada for all vinylester and unsaturated polyester resins, the company recently announced. In addition, prices for gelcoats and pigments will increase as much as 7 cents a pound in the United States and as much as $0.16 a kilo in Canada.
All increases were effective for shipments on and after Feb. 13.
“This action is due to higher prices for several raw materials,” AOC said in a statement.
“Raw material cost increases are driven by rising demand, increased feedstock costs and a stronger export market for petrochemicals produced in the U.S. These conditions are expected to continue throughout the first quarter of 2012.”
Post Yachts builder has new owner
Post Marine Group LLC, a family-owned company, acquired the assets of Post Marine Co. Inc. in January and will build the full range of Post Yachts at its facility in Chestertown, Md., on the Eastern Shore of Chesapeake Bay.
Terms of the deal were not disclosed.
“Post Yachts are wonderful boats with a rich heritage of excellence and success dating back to 1957,” Post Marine Group president John Patnovic said in a statement. “The people at Post are extremely well regarded for their honesty, integrity and the immense pride that they put into the boats they built. When presented with the opportunity to purchase the assets of the company, we grabbed it.”
Patnovic said the company will “maintain Post’s proven approach to boatbuilding and continue to build yachts of quality, not quantity.”
Ken Jensen, former president of Post Marine Co. Inc., was retained as a consultant to the new company.
Post Marine Group’s facility will be at Worton Creek Marina, an affiliated company owned by Patnovic and his wife, Libby. The marina has been involved in the maintenance, repair and refurbishment of boats since 1949.
Arson suspected in Illinois marina fire
Fire officials said a blaze that destroyed 15 boats on Jan. 12 at Spring Brook Marina in Seneca, Ill., is suspicious.
“These boats were covered up since October. There’s no reason for them to start burning,” Seneca Fire Chief Jerry Sears told the Chicago Tribune on the day of the fire. “It’s suspicious.”
No injuries were reported in the fire, which also damaged a half-dozen other boats.
Damage could exceed $1 million, Sears told the newspaper.
Two weeks after the fire, a spokeswoman for the state fire marshal’s office in Chicago told The Times, a local newspaper, that it was still not known whether the fire was accidental or deliberately set and that the investigation “will take some time.”
The fire jumped from boat to boat in the closely packed marina on the south bank of the Illinois River in Seneca, which is about 60 miles southwest of Chicago.
It took 30 firefighters from Seneca and four neighboring departments more than six hours to douse the flames. The fire was first reported at 1:15 a.m. as involving three boats, but it quickly spread.
ABBRA releases wage rate survey
Results from the American Boat Builders & Repairers Association’s 2011 Wage Rate Survey are now available.
The survey results, generated from information from ABBRA members and other members of the marina and boatyard industry, allow employers to gauge whether they are fair and competitive in the employment market. Employees and independent contractors also can research whether they are getting the correct compensation for their work.
The Wage Rate Survey is available at no cost to all ABBRA members who provided data for this year’s survey and is $65 for members who did not contribute data. The cost of the survey is $99 for all non-members.
To order the survey, submit a publications order form by fax (401) 247-0074 or by mail to ABBRA, 50 Water St., Warren, RI 02885.
Fund aims to aid sailing industry
When Mark “Rudi” Rudiger, a top-flight competitive sailor, sought-after navigator and beloved member of the sailing community, died of lymphoma in 2008, at age 53, the outpouring of support for the Californian and his family inspired the creation of a fund to give back to the sailing industry.
Last summer, Rudi’s Mates: The Mark Rudiger Sailing Family Fund was officially launched as a foundation and began to solicit donations. The vision is to build a standing fund to help workers in the sailing industry who face a financial crisis.
Rudiger became ill in 2004, but returned to racing after chemotherapy, navigating for the Ericsson team in the last two legs of the 2005-06 Volvo Ocean Race and on Brack Duker’s Santa Cruz 70, Holua, in the 2007 Transpac and 2008 Vallarta races. The foundation is soliciting donations for the coming year. For information, visit www.rudismates.org. n
Torqeedo powers eco-friendly water taxi
Aquabus, a new water-taxi service in Ottawa, Ontario, powers its vessel with electric motors from Torqeedo.
“We were sold on Torqeedo because it’s a light, powerful outboard that’s waterproof and easy to remove,” says Jean-Marc Hénot, who owns the vessel, Au feel de l’eau (“Go with the flow”), with his wife, Sylvie Lyonnais. “The twin Cruise 4.0 R makes it easier to maneuver the boat. We also like the long running time.”
Torqeedo’s propeller design delivers a cruising speed of 6 knots and a top speed of 12 knots. Supplying 16 hp on 48V, the motors have propulsive power equivalent to an 8-hp gas outboard.
This article originally appeared in the March 2012 issue.