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
On December 10, the first steel plate was flame cut for a revenue cutter in SWATH technology. This action represents the official start of production of two revenue cutters in SWATH technology which will be built by Nordseewerke GmbH, a company of ThyssenKrupp Marine Systems. The contractor is the Procurement Agency of the German Federal Customs Administration. The first vessel is scheduled for delivery in May 2009. The German Federal Customs Administration has chosen a vessel with SWATH
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
Nakilat-Keppel Offshore & Marine (N-KOM), which recently celebrated its fourth year in operation, has seen an increasing number of tankers dry docking at its facility in Qatar. With the introduction of de-mucking and de-slopping facilities
Nearly 89 million Americans went boating last year, one of the largest boating participation figures on record. And the boat sales last year increased to $37 billion, a 3 percent increase from the year before. These figures are released by the National Marine Manufacturers Association
U.S. Customs and Border Protection Office of Air and Marine agents and interagency partners disrupted two separate drug smuggling attempts off the coast of Costa Rica resulting in the interdiction of more than $74 million in illegal drugs.
Maersk Line has been re-certified as an Authorised Economic Operator (AEO) with the AEO-F, the highest achievable accreditation in the European Union programme. The status benefits customers in several ways. The AEO-F certificate is granted to companies that meet particularly high
E-Crane agents and special guests attended the E-Crane Technology Showcase in New Orleans during the first week of December in conjunction with the International WorkBoat Show (IWBS). The three day event consisted of a dinner reception and presentations on the evening on Wednesday, December 3
USS Fort Worth joins USS Sampson (DDG 102), which has been on station since Dec. 29. Fort Worth is the littoral combat ship (LCS) on a rotational deployment to the U.S. 7th Fleet and brings maneuverability, speed and a shallow draft
USS Fort Worth joins USS Sampson as second U.S. Navy ship assisting with AirAsia QZ8501 search efforts. USS Sampson has been on station since December 29. Fort Worth is the littoral combat ship (LCS) on a rotational deployment to the U.S
Austal has launched the sixth in-series Cape Class Patrol Boat (CCPB) at the company’s Australian Defense Facility in Henderson, Western Australia. The launch of Cape Leveque marks the third year in a row a CCPB has been launched in the first week of January; preceded by Cape St George
ARTEMUS Transportation Solutions has deployed its new, web-based software, which provides clients the tools to submit electronic cargo information for all cargo destined to Japan and transiting the Panama Canal. Both single entry screen systems meet the requirements of Japan AFR for Japan Import
Metal Shark has delivered a custom 45-foot aluminum pilot boat to the Canaveral Pilots Association at Port Canaveral, Florida. The vessel was built at Metal Shark’s newly-opened shipyard in Franklin, Louisiana. For the project
Turkish carriers plan to cross near 25 thousand vehicles a year over Caspian Sea with ferryboats and Ro Ro ships to avoid delays on the route across Iran. The use of ferry boats and Ro-Ro ships would cut excursion time significantly
Tuco Marine Group has introduced a new 7.5-meter ProZero fast rescue craft (FRC) design as part of the carbon fiber constructed ProZero boat line. The highly specialized FRC market is one where weight saving benefits of the ProZero design can make a difference to the market standards, Tuco said
Damen Shipyards Cape Town (DSCT) has completed the build of two FCS 5009 Patrol vessels, the first of their type to be built in South Africa. Another of the same class is already in operation with the Cape Verdean Coast Guard.
Bibby Athena, the latest custom-build vessel from Osiris Projects, is due to arrive in the U.K. in the next few days. Built by French shipbuilders Socarenam, the vessel was constructed to the same specifications as the company's Semi-SWATH catamaran, Bibby Tethra, launched in 2011.
The Kuwait government is eyeing for its port sector’s growth as this will boost growth at the Gulf state’s ports, both though spending on the infrastructure projects and boosting imports of containerized goods, reports Customs Today.