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HATTERAS

Genmar Sells Hatteras Yachts to Brunswick

Genmar Holdings, Inc. announces that it has signed a definitive agreement to sell Hatteras Yachts, Inc. to Brunswick Corporation for approximately $80 million in cash. The agreement contains provisions allowing for an additional payment of up to $20 million based on Hatteras achieving certain financial targets over the next 20 months. Consistent with its June 27, 2001announcement, Genmar's Board of Directors considered all appropriate alternatives with respect to Hatteras and concluded a sale was the appropriate conclusion to enhance overall shareholder value.


Hatteras Yachts/Cabo Taken Over

An affiliate of Versa Capital Management  has acquired the operating businesses of Hatteras/CABO from Brunswick Corporation. Hatteras Yachts is recognized as a world leader in the construction of convertible sportfishing and luxury motor yachts. CABO Yachts has enjoyed a well-deserved reputation as one the world’s top builders of sportfishing express boats from 36 to 52 feet. The acquisition is effective immediately. Purchase terms were not disclosed.


Gustav Blows Buoys Off Course

The Coast Guard has begun the job of repairing numerous navigational aid discrepancies throughout the Outer Banks after damages resulting from Tropical Storm Gustav. U.S. Coast Guard small boat stations throughout the Outer Banks performed preliminary surveys Wednesday and discovered nine navigational aids with discrepancies in Ocracoke Inlet and two discrepancies in Hatteras Inlet. Coast Guard Aids To Navigation Team Cape Hatteras has worked to repair some of the discrepancies.


Brunswick - Organizational Changes

Brunswick Corporation (NYSE:BC) announced several organizational changes outside of the United States to its Hatteras Collection, makers of several brands of yachts and sportfishing boats. Effective immediately, William Naumann, who retired from Hatteras in 2006, will become chairman of the Hatteras Collection where he will lead efforts to strengthen relations with dealers, customers, and suppliers. In addition, he will also be responsible for government and public affairs.


R/V Cape Hatteras Will Embark on New Phase

Famed for Finding Oil Deposits on the Seafloor after the Gulf of Mexico Deepwater Horizon Accident, the Invaluable Seagoing Laboratory is up for Sale.   Meticulously tended to by a professional crew, and certified for another decade of exploration, the research vessel (R/V) Cape Hatteras has a lot of life left in her.   That service may, however, take place in new seas now that the craft is being retired and sold by the Duke - University of North Carolina Oceanographic


Legendary Research Ship on Sale

R/V Cape Hatteras: Photo courtesy of DUNCOC

The R/V 'Cape Hatteras' is for sale after 31 years service to Duke-University of North Carolina Oceanographic Consortium (DUNCOC). Currently on the market with an asking price of $1.25 million, the ship's future owner will acquire a legendary craft highly respected by the international scientific community.   The 135-foot R/V Cape Hatteras is perhaps best known for work in 2010 after the deadly Deepwater Horizon accident jetted oil and natural gas into the Gulf of Mexico


Cape Hatteras Lighthouse To Move Soon

Crews on Tuesday were making final preparations to move the historic Cape Hatteras lighthouse, the nation’s tallest brick lighthouse, from its perch on an eroding beach along North Carolina’s Outer Banks. With the first named storm of the Atlantic hurricane season churning out at sea, the lighthouse was set to be lifted onto steel rails later this week and begin a month-long journey to a new foundation further inland, officials said.


This Day in Naval History – Jan. 11

1863 - CSS Alabama sinks USS Hatteras off Galveston 1944 - Aircraft from USS Block Island make first aircraft rocket attack on German submarine (Source: Navy News Service)


This Day in U.S. Naval History – January 11

1863 - CSS Alabama sinks USS Hatteras off Galveston 1944 - Aircraft from USS Block Island make first aircraft rocket attack on German submarine (Source: Navy News Service)


Coast Guard Medevacs Diver 18 Miles Off Hatteras Inlet

U. S. C.G.

  The U.S.Coast Guard medevaced a 52-year-old man from a dive boat approximately 18 miles southeast of Hatteras Inlet, North Carolina, Sunday. The captain of the dive boat Under Pressure contacted Coast Guard North Carolina Command Center watchstanders via VHF-FM at approximately 3 p.m. and reported a diver was suffering from from signs of decompression sickness. Sector watchstanders launched a 47-foot Motor Lifeboat crew from Coast Guard Station Hatteras Inlet to assist.


Today in U.S. Naval History: June 26

U.S. Navy destroyer USS Warrington (DD-843) on the St. Lawrence Seaway in 1959 (Official U.S. Department of Defense photograph)

Today in U.S. Naval History - June 26 1884 - Congress authorizes commissioning of Naval Academy graduates as ensigns 1918 - Marine brigade captures Belleau Wood 1959 - Twenty-eight Naval vessels sail from Atlantic to Great Lakes, marking the formal opening of Saint Lawrence Seaway to


Hurricane Arthur Intensifies as it Heads for Land

Hurricane Arhur approaches the U.S. coastline (Source: NOAA)

The first hurricane of the Atlantic season gained strength on Thursday is expected to attain Category 2 status as it reaches the North Carolina coast, where thousands of vacationers scrubbed their July Fourth holiday plans amid evacuation orders.


Today in U.S. Naval History: August 26

Today in U.S. Naval History - August 26 1775 - Rhode Island Resolve: Rhode Island delegates to Continental Congress press for creation of Continental Navy to protect the colonies 1839 - Brig Washington seizes Spanish slaver, Amistad near Montauk Point, N.Y.


Today in U.S. Naval History: August 29

Today in U.S. Naval History - August 29 1861 - U.S. squadron captures forts at Hatteras Inlet, N.C. 1862 - Union gunboat Pittsburgh support Army troops in landing at Eunice, Arkansas 1915 - Navy salvage divers raise F-4, first U.S. submarine sunk in accident


'HMS Bounty' Foundering Probe

Bounty Sinking: Photo credit USCG

US Coast Guard to formally investigate cause of the sinking of the tall ship off Cape Hatteras during Hurricane 'Sandy'. Rear Adm. Steven Ratti, the Coast Guard 5th District commander, has ordered a district formal investigation to determine the cause of the sinking of the Bounty


Coast Guard Suspends Search for Towboat Operator

The U.S. Coast Guard suspended its search 8:15 p.m. Wednesday for a 34-year-old tow boat operator who went missing Tuesday morning after the Coast Guard received a distress alert from an emergency position indicating radio beacon near Great Egg Harbor. Missing is David McAuliffe.


Today in U.S. Naval History: June 26

Today in U.S. Naval History - June 26 1884 - Congress authorizes commissioning of Naval Academy graduates as ensigns 1918 - Marine brigade captures Belleau Wood 1959 - Twenty-eight Naval vessels sail from Atlantic to Great Lakes, marking the formal opening of Saint Lawrence Seaway to


Coast Guard, Good Samaritan Rescue Three From Capsized Boat

The Coast Guard and a good Samaritan rescued three people Sunday after the 15-foot boat the three boaters were on capsized in Pamlico Sound near Avon, N.C. The boat's operator contacted Coast Guard Sector North Carolina watchstanders at approximately 4:48 p.m


Researchers Return to Queen Anne’s Revenge Site

Photo: North Carolina Department of Cultural Resources

Many unknown treasures and concretion-encased surprises await researchers on the wreck of Blackbeard’s flagship, Queen Anne’s Revenge (QAR), near Beaufort. Part two of this year’s dive season resumed this week, and the plan is to recover artifacts from 60 five-foot by five-foot


Today in U.S. Naval History: August 26

USS Washington Intercepts La Amistad off the Coast of Long Island, N.Y. in 1839. Photo: New Haven Colony Historical Society

Today in U.S. Naval History - August 26 1775 - Rhode Island Resolve: Rhode Island delegates to Continental Congress press for creation of Continental Navy to protect the colonies 1839 - Brig Washington seizes Spanish slaver, Amistad near Montauk Point, N.Y.


Coast Guard, Navy Busy off U.S. Atlantic Coast

The Coast Guard, with the assistance of the Navy, saved four lives and responded to a total of five sailboats in distress off the Atlantic Coast Thursday and Friday. Coast Guard assets and personnel involved in Thursday and Friday's search


Loss of the Tall Ship Bounty: Official Report

Last moment of the Bounty: Image courtesy of NTSB

The U.S. National Transportation Safety Board has determined that the probable cause of the sinking of tall ship 'Bounty' was the captain's reckless decision to sail the vessel into the well forecasted path of Hurricane Sandy, which subjected the aging vessel and the inexperienced crew to


Sick Crew Member Airlifted Off Crowley Tankship

M/V Pennsylvania: Image courtesy of Crowley

The Coast Guard informs it has medevaced a 54-year-old crewmember from the Crowley Maritime's US-flagged motor tanker 'Pennsylvania' approximately 20 miles southeast of Cape Hatteras, N.C. The master of the 576-foot Pennsylvania notified Coast Guard Sector North Carolina watchstanders that


Coast Guard Medevacs from Two Carnival Cruise Ships

Carnival Dream: Photo credit USCG

A Coast Guard helicopter airlifted a 25-year-old man and a 60-year-old woman from the 'Carnival Splendor', and the same day lifted a 36-year-old passenger from the 'Carnival Dream'. 'Carnival Splendor' The Coast Guard informs that the cruise ship was approximately 135 miles southeast of Cape


Loss of Tall Ship 'Bounty': Coast Guard Release Findings

Bounty Sinking: Photo USCG

The U.S. Coast Guard informs it has released its report of investigation of the October 2012 sinking of the tall ship 'Bounty', during which one crewmember died and another remains missing and is presumed dead, off the coast of Cape Hatteras, N.C.






 
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