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
Approximately 121 pounds of heroin and eight pounds of cocaine were discovered in a shipping container of vegetables that was moving from Ecuador to Miami, Fla. through the Red Hook Container Terminal in Brooklyn, N.Y. During a routine container inspection on January 7, U.S
FUSION, announced today that it signed a partnership with Axopar Boats. Under the terms of the agreement, the full range of Axopar boats will be offered with FUSION audio entertainment including the MS-BB300 Black Box Entertainment System, MS-NRX200i Wired Remote Controller
A 29-year-old man arrived in good condition to Honolulu Wednesday aboard a Coast Guard small boat after being rescued by merchant mariners in the Southeastern Pacific Ocean and surviving a two- month ordeal at sea. A Coast Guard 45-foot Response Boat-Medium crew from Station Honolulu safely
International Transport Intermediaries Club (ITIC) says it continues to deal on a regular basis with claims resulting from errors by agents involving transhipment cargoes. In one case, an agent in Argentina failed to declare a cargo as transhipment cargo within fifteen days of the
The Coast Guard rescued a father and son Saturday after their sailboat grounded near Sarah Island in Hingham Harbor. Watchstanders at Coast Guard Sector Boston’s command center were alerted to the distress at about 5 p.m. after the pair used a cell phone to call for help.
United Arab Emirates shipyard Grandweld has secured its position as the number one regional shipyard for the offshore segment, completing construction of a total of 17 vessels over the space of the last year. Latest projects include advanced crew boats, dive maintenance and support vessels
Reuter reports that the Philippines has released a North Korean freighter it had seized. The North Korean freighter was covered by harsher United Nations' sanctions against Pyongyang over its nuclear program. The 6,830 deadweight tonne (dwt) cargo ship M/V Jin Teng was one of
A mini-submarine carrying $200 million worth of cocaine was intercepted by authorities in the Eastern Pacific Ocean. The Customs and Border Protection air crew from Corpus Christi was involved in the arrest of four people aboard a mini-submarine headed for the U.S
Krishnapatnam Port, an all-weather; deepwater port on India’s east-coast, earmarked a historic moment for India’s bilateral trade and commerce as the first direct container vessel, part of coastal shipping agreement to facilitate trade between India and Bangladesh
The 74-meter long luxury superyacht built at Vlissingen shipyard has started shipbuilder's sea trials. Amels is now recognised as one of the most successful superyacht builders in Holland. "Even the chilly Dutch North Sea looks rather nice when graced by the gorgeous
Alphatron Marine has signed a contract with the Damen Shipyards Group for the delivery of the AlphaBridge including an IT and entertainment package for the first Service Operations Vessel (SOV), providing comfort and safety to the offshore and wind industry.
North River Boats’ formula for success: anchored in a diverse portfolio and customer base. Tucked away in Roseburg, Ore., North River Boats began simply enough in 1974 by building jet powered boats to run shallow, technical white water rivers
Europe Cargo, the Belgian member of the FPS Group of independent forwarders and NVOCCs, has undertaken the port agency and stevedoring for nine Damen Stan tug boats, being shipped from Shanghai to Gorinchem, Netherlands. The brand new vessels – five Type 1606
Lake Assault Boats, part of Fraser Shipyards and a manufacturer of purpose-built, mission-specific fire and rescue boats,has announced that the company’s boats are now listed on the U.S. government’s General Services Administration (GSA) Schedule.
Aiming to provide niche control over managed/owned vessels, Indian maritime based software provider Orion Marine Concepts has released a strategic intelligence software suite approved by DNV GL. Orion Marine along with Chembulk Tankers