Paul Mann Custom Boats is building its second 76-foot convertible sportfishing yacht, the North Carolina company’s 39th boat larger than 58 feet.
It will take roughly 28 months to complete FullTime, a four-stateroom, four-head yacht that will be powered with twin 2,600-hp MTU diesels and outfitted with gyrostabilizers, two water makers and a pair of gensets. The boat will hold 3,000 gallons of fuel.
“When you view the layout, the boat will sleep 12 comfortably,” Mann told Trade Only Today. “It’s set up for traveling with a lot of people. The owner has a large family with a three-man crew. He intends to do some significant traveling and a lot of tournament fishing.” The owner, a resident of Miami, will first fish the Pacific and then head east, said Mann.
Construction of the 76-foot yacht is a collaboration between Paul Mann and Ullberg Yacht Design and is well underway, said Mann. (Detailed build photos will be posted at paulmanncustomboats.com.)
Taking the temperature of his segment, Mann said he’s optimistic about the next three years. “The industry is still making a slow recovery,” he said. “There seems to be more movement with new construction. Most of the custom yacht builders seem to have large projects to construct, including myself.”
The consumer demand for yachts 75 feet and larger and 60 feet and smaller appears to be greater right now than it is in what Mann calls the “mid-range” convertible sector, which are boats between 60 and 75 feet.
The growth of the smaller-yacht segment stands out as a particularly positive sign for Mann.
“That tells me something is recovering, and that’s a wonderful thing,” he said. “It has not been a full-swing recovery. It is gaining momentum gradually. I feel that the industry has made a small correction and is coming back in a healthy way.”