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Quick Hits: July 23, 2020

KAM Yacht Sales acquires Luke Brown Yachts; Dragger sinks after crash with sportfisherman, and NJ man pleads guilty to reduced charges in boating death.

Detroit-based KAM Yacht Sales, a subsidiary of Lormax Stern, has acquired the multifaceted Luke Brown Yachts — known for new and used brokerage, custom boatbuilding and charter services — with operations in six cities throughout Florida, Rhode Island and the Bahamas. The new team at Luke Brown will include KAM Yacht Sales team members Daniel Stern as president, Nichole Sleiman as VP of business operations and Max Brochert as VP and sales manager, according to a statement. Luke Brown’s Jason Dunbar and Andrew Cilla will round out the team.

East Hampton authorities have charged the operator of the Cabo sportfisherman, Chaos, with reckless operation of a vessel after the boat collided and sank a commercial dragger in dense fog last weekend. The East Hampton Star reported that the commercial boat, Petrel, sank 70 feet to the bottom about a quarter-mile off Montauk Inlet within minutes of the collision. Both captain and passenger were able to jump overboard; the captain was treated for a shoulder injury and released from a local hospital. A Coast Guard spokesman confirmed to the Star that speeding was a factor in the crash and the owner of the Petrel is looking to salvage his vessel. 

In a virtual court hearing, Nicholas Zarantonello pleaded guilty to a reduced charge in a boating accident on New Jersey’s Lake Hopatcong that led to the drowning death of his passenger, Jason Gil. Zarantonello told the judge he was under the influence of drugs while piloting the pontoon boat last August, and now faces the maximum of five years in prison. “The court will listen to arguments of counsel and review arguments submitted and impose a sentence the court feels is most just,” Judge Stephen Taylor told, adding that probation is also an option. 



Marine Concepts Names Chief Executive

Industry veteran Terry McNew had a long tenure at MasterCraft, where he led the company through its initial public offering.


CED Marine Adds Sales Manager

Mark Sullivan previously spent more than 15 years at Navico and will cover the Southeast.


Writing Contest Open for Entries

Boating Writers International’s annual competition recognizes achievements in marine journalism, photography and videography.


MRAA’s Dealer Week Opens Tomorrow

The annual conference includes more than 20 educational sessions to help dealers adapt to the changing marketplace.


Industry Mourns Cruisers Yachts Owner

K.C. Stock, who was 84, was known for his “commitment to the employees at Cruisers Yachts.”


Grand Banks Purchases Florida Property

The parcel, which is opposite the company’s Stuart yard, has berths for up to nine boats and will increase service capabilities.


Limestone Boat Co. Posts Q3 Results

Unit production was down compared with the second quarter, and revenues decreased 33%.


Yamaha Dealers Now Carry Siren Systems

Siren Marine’s “Connected Boat” technology can be purchased and installed at more than 2,100 Yamaha outboard dealers.


Northpoint Expands Marine Presence

Northpoint Commercial Finance has partnered with Elite Recreational Finance to offer retail financing.