Sailboat owned by Google chairman’s wife sinks - Trade Only Today

Sailboat owned by Google chairman’s wife sinks

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A 46-foot classic wooden sailboat owned by Wendy Schmidt, wife of Google executive chairman Eric Schmidt, caught fire and sank off Rhode Island on Friday while returning to Nantucket, Mass., according to the Coast Guard.

Equus was the winner of the 2011 Opera House Cup classic wooden sailboat race off Nantucket and had been in a Rhode Island shipyard for work.

She was not aboard, but two crewmembers were. They were able to escape to another vessel without injury, Petty Officer Ross Ruddell of the 1st Coast Guard District in Boston told

The Nantucket newspaper The Inquirer and Mirror published a photo of the burning boat in its report.


And the Wait for New Boats Goes On

Ninety-five percent of marine dealers say they waited at least a month to get new-boat orders filled in August, and 35 percent say they experienced lead times of more than three months.

Consumer confidence at record highs

The economic indicator that Navico CEO Leif Ottosson watches first and foremost is consumer confidence, and The Conference Board’s measure of the American consumer’s mood delivered good news to Navico and the rest of the recreational marine industry at the end of August.