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
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
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
"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
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
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
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
A maritime Solutions Company in Dubai has just taken delivery of ASIS 9.5m Cabin RIBs for Security Patrol and Pilot Services. The multi-purpose custom built crafts will be used for Dubai International Port Operations on a daily basis.
A European Union naval force deployed in the Mediterranean should turn back migrant boats after they leave Libya and prevent them from reaching Italy, British Foreign Minister Boris Johnson said on Thursday. Italy is on the frontline of Europe's migrant crisis, taking in more than 400
Virtual Marine Technology said it has delivered a second lifeboat simulator system to Prosafe. The simulator was custom built for training lifeboat coxswains onboard the Safe Zephyrus, one of Prosafe’s newest accommodation rigs.
The Company: KRAL has been manufacturing pumps and flow meters for the marine industry since 1950. KRAL is well renowned for high quality, durable and rugged solutions suitable for harsh marine environment. KRAL is quality, innovation and quick response anytime and anywhere
The bold blue “V” logo emblazoned on the green-banded white stack continues to proliferate on American waterways. Vane Brothers Company has been expanding its fleet with new construction. Recently the marine transportation company announced a contract for three ATB tugs to be built at
Arktis Radiation Detectors was selected to supply radiation portal monitors and mobile detection systems to the Belgian Government, for use at the Port of Antwerp. Under the contract, which has been let by the Belgium Ministry of Finance
U.S. crude oil inventories plunged by more than 14.5 million barrels in the week ending on Sept. 2, the largest weekly drop since 1999. The reasons for the drawdown are not hard to find with a modest acceleration in refinery processing rates and a sharp slowdown in crude imports.
The Company: Gibbs & Cox and Donald L. Blount and Associates (G&C/DLBA) comprise one of the world’s leading independent naval architecture and marine engineering design firms. The company employs naval architects, engineers and designers from all of the ship-related engineering
The Company: MetalCraft Marine Incorporated is a fully integrated designer and manufacturer of custom high performance fire, rescue, patrol, research, and other specialized work boats. The company is the North American industry leader in the design and manufacturing of high speed aluminum
The Company: Beier’s integrated engineering department and installation team specializes in retrofit projects, providing custom-designed systems for clients, reducing vessel downtime, and achieving the highest level of performance on the open water
The National Retail Federation (NRF) Vice President for Supply Chain and Customs Policy Jonathan Gold weighs in on this week’s bankruptcy filing by Hanjin Shipping. “Retailers’ main concern is that there is millions of dollars worth of merchandise that needs to be on
Following the success of the ASIS Amphibious RIBs 7.1 and 6.1m, and in response to popular demand; ASIS just developed, tested and delivered its biggest amphibious RIB ever manufactured yet; A 9.8 meter Black Rigid Inflatable Amphibious boat. Amphibious RIB Boat
The Company: David Clark specializes in providing communication solutions for high-noise environments. The firm’s noise-attenuating headset systems are used worldwide in applications where clear communication is critical. All products are made in the USA at a 250
The winter of 2016 was an unusually harsh one for the Santa Cruz Small Craft Harbor in Santa Cruz, Calif. Four years of drought was followed by an El Niño season that brought storm water runoff, high tides, high surf and swells – rapidly creating a complete shoaling of the federal
Norway-based boat system and davit-handling specialist Vestdavit has secured a breakthrough order for its unique MissionEase multi-boat handling solution for mission bays, under contract to offshore support vessel owner Esvagt. Multi-boat handling on the high seas will be a defining