Xtreme Companies, Inc. announced the acquisition of 100% of the outstanding shares of semi-custom boat manufacturer Marine Holdings, Inc. In exchange for $4.3 million in cash, Xtreme received the Challenger business and assets including its gross order backlog of $1.6 million, boat inventory, boat molds and real estate which includes Challenger's 65,000 square ft. boat manufacturing facility located on 12 acres in Washington, MO. The transaction was financed with conventional loans provided by a Missouri-based regional bank. Xtreme Companies, Inc. is engaged in manufacturing and marketing of mission-specific Fire-Rescue and Patrol boats used in emergency, surveillance and defense deployments. Marine Holdings, Inc.(MHI) d/b/a Challenger Offshore manufactures semi-custom fiberglass boats of 19 to 97 ft., which include leisure, performance, fishing and motor yachts.
Pluckebaum Custom Boats recently launched a custom 80 ft. corporate coastal yacht, designed for dining and entertaining large groups of corporate customers. The vessel is designed to take customers on a three or four hour afternoon or evening cruise, and serve them a complete, sit-down gourmet meal. The yacht was built to replace an older 65 ft. vessel. The interior joiner work features custom milled tongue-and-groove African mahogany walls, ceilings and cabinetry
Derecktor Shipyards Conn., LLC last month filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. The company said the filing was the result of a single contract dispute, and that it is still busy and fully staffed, working on several newbuild projects, including a contract to build a massive 85.6-m motor yacht, a 45-m catamaran and a pair of tugboats for Boston Towing and Transport
The Boat Builders Labor Saving Device – Custom Designs Available. Battery management system manufacturer Wells Marine Technology has launched a space-saving flat panel model of its Total Automatic Battery Management System (T.A.B.S.) that can be configured easily for any single, twin or triple engine application and can also be custom-designed to builder model specifications. Wells T.A.B.S. connects battery chargers
New work boats are never purchased out of want, but rather need – imminent need. Such a need prompts buyers to scour the web and perhaps their favorite maritime magazines for information on potential designs that appear to be a good fit. The next step is simply to make contact with a boatbuilder and request a price based upon the similar vessel shown via the website or marketing materials. Go ahead – ask for the price
Demonstrating the rapid progress of the Cape-class Patrol Boat Program, Austal has hosted the keel-laying ceremony for the third vessel, 'Cape Nelson', one of eight 56-metre patrol boats that Austal is designing, building and supporting for the Australian Customs and Border Protection Service. The three coins were placed under the keel block by Michael Pezzullo, Chief Executive Officer, Australian Customs and Border Protection Services; David Brekenridge
Moose Boats delivered two M2-37 rescue/response boats to the Port Authority of New York/New Jersey Police. The M2-37 vessels are 37.5 ft. aluminum catamarans powered by twin Cummins 380 hp turbo diesels propelled by Hamilton HJ292 water jets. These rescue/response boats can attain a top speed of over 35 knots and are custom outfitted with 33 18-person life rafts. Each boat can deliver enough raft capacity to handle a water-based aircraft rescue mission for the largest aircraft landing at
Minister for Defense, Senator the Hon Robert Hill, announced that Austal Ships, in conjunction with joint tender partner, Defense Maritime Services (DMS), has been short-listed to design, construct and provide through-life service for the Royal Australian Navy’s new patrol boats, due to replace the existing Fremantle class patrol boats. If ultimately successful, Austal’s role in the SEA 1444 project will be the design and construction of the patrol boats
Bay Ship & Yacht has launched the high-performance yacht, Blue Thunder, marking the shipyard’s entry into the custom-built sport-yachting market. With a service speed of 32 knots, a flank speed of 42 knots, and a draft of less than three ft, the Blue Thunder offers the speed and performance of a high-performance sport yacht. The custom interior is crafted with veneered, ultra-light honeycomb-cored panels, with a satin varnish finish
"I believe it is the largest boat wrap ever," said Image Monster owner Jed McDonough as he surveyed the QuadZeus, a 60-ft power sportsfish boat in Charleston, S.C. Image Monster, a Wilmington, N.C., large-format print and graphic design studio, wrapped the boat in a custom design by graphic designer Zach Shaeffer, who utilized original drawings by renowned Wilmington marine artist Steve Goione. The QuadZeus wrapped from bow to stern participated in the boat show turning heads
Marine Manufacturer Adds Talented Technical Sales Professional To Expand Key Big Boat Market Segment Presence IMTRA, the leading manufacturer and importer of quality marine products, announced today the addition of Prentice Weathers to its sales team.
The US Navy has awarded General Dynamics Electric Boat a $23.6 million contract to continue development work on the Ohio-class replacement nuclear submarine, General Dynamics said in a press release. "Under the terms of the modification
Honda Marine is set to market its complete range of outboard marine four-stroke engines at the 2016 Miami International Boat Show, February 11-15, 2016. At this year’s show, the Honda Marine team will showcase its four-stroke outboard engine, ranging from 2
The new generation of Glass Cockpit expands Volvo Penta’s collaboration with Garmin for an advanced monitoring and control system that makes boating easier. And its clever application, which is now available for all sized boats, is being unveiled at the Miami Boat Show.
Gibbs & Cox, Inc. announced the acquisition of Donald L. Blount and Associates, Inc. (DLBA), a Chesapeake, VA-based firm renowned for its naval architecture and marine engineering services for commercial and government clients world-wide.
Houma, La.-based Enterprise Mariner Services, LLC (EMS) added its eighth Z-drive towboat, the fourth from Sneed Shipbuilding. The 87 x 34-ft. Sebastian D, with an 11.5-ft. molded depth, was built by Sneed Shipbuilding of Channelview, Texas. This boat is well-suited for working the Gulf
More than half of the public companies in the offshore supply-vessel industry face a high probability of restructuring or bankruptcy, Bloomberg reported quoting a research released from the consulting firm AlixPartners. Even before crude prices collapsed and triggered a retreat from
Global marine terminal operator DP World has agreed to a set of 11 principles designed to help tackle the US$ 19 billion illegal wildlife trade. In a groundbreaking meeting in London last week, members of the United for Wildlife International Taskforce on the Transportation of Illegal
Company experts at Centek Industries' headquarters in Thomasville, Ga., frequently receive questions about the design, engineering and manufacturing of custom marine exhaust systems. Here are three of the questions asked most frequently, along with answers from Centek.
Mumbai and Nhava Sheva Ship Agents Association (MANSA) has conveyed their disappointment to Mumbai Port Trust (MbPT) over the extreme inconvenience faced by vessels calling at the port due to acute shortage of cargo handling workers.
SAFE Boats International, a manufacturer of aluminum, patrol and response boats located in Bremerton, Wash., has manufactured and delivered two new 41-foot Center Console – Offshore Interceptors for the Royal Bahamas Police Force adding to its growing fleet of SAFE Boats.
IMO and the World Customs Organization (WCO) have signed a partnership agreement to maintain, update, publish and distribute the IMO Compendium on Facilitation and Electronic Business. The compendium provides essential guidance and standardised forms for electronic exchange of
So far in 2016, U.S. Customs and Border Protection (CBP), Air and Marine Operations (AMO) aircrews have detected six rustics (homemade boats) on the Florida Straits transporting 56 undocumented migrants from Cuba. On New Year’s Day
In keeping with their reputation as a nation that can overcome all obstacles, Vietnam is rebuilding its aging fishing fleet. With a government program of soft loans, designated Decree 67/ND-CP, fishermen are building boats along 28 coastal provinces from the north to the south of Vietnam.
Lowrance, a world-leading brand in fishing electronics since 1957, announced today the release of a new, premium Elite Ti standalone series of fishfinder/chartplotters. The Lowrance Elite-5 and Elite-7 Ti touchscreen fishfinder/chartplotters offer anglers high-performance at an incredible