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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)


'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, a three-masted sailing ship, 90 miles southeast of Hatteras, N.C., on 29, October, 2012. One crew member died and the search for the Bounty's missing master, 63-year-old Robin Walbridge of St. Petersburg, Fla


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


This Day in Naval History - January 11th

From the Navy News Service:   1863 - CSS Alabama sinks USS Hatteras off Galveston. 1900 - The gunboat Princeton takes possession of the Batan Islands in the northern Philippines. 1944 - Aircraft from USS Block Island (CVE 21) lead the first aircraft rocket attack on a German


Roy Sea Joins IYC

Roy Sea, IYC Florida and California Licensed Yacht Broker.

Roy Sea Joins IYC as Florida and California Licensed Yacht Broker.   International Yacht Collection (IYC) has announced that, effective immediately, Roy Sea joins the global yachting firm as a Florida and California Licensed Yacht Broker


NOAA launches USS Monitor Website

NOAA_logo_color_broadcast.jpg

NOAA’s Office of National Marine Sanctuaries today launched a new website highlighting the 150-year history of the USS Monitor on the anniversary of the ship’s launch.   The website, http://monitor.noaa.gov/150th, takes viewers from the iconic warship’s construction


NOAA Honors Lost Crew of USS Monitor

LEFT: Clay model of the face of a USS Monitor sailor whose remains were found in the gun turret in 2002. RIGHT: Computer enhanced image showing what the unknown sailor may have looked like while aboard the USS Monitor in 1862.

Recreates faces of two sailors found in ill-fated ship’s gun turret, asks public for help to identify.   Nearly 150 years after 16 USS Monitor sailors died when their vessel sank in a New Year’s Eve storm, NOAA’s Office of National Marine Sanctuaries has released forensic


Boat Show at Miami Beach Registered Strong Sales

Photo credit: Palm Beach Boatshow

Yacht & Brokerage Show in Miami Beach – attendance, exhibitors, sales up Attendance at the recent Miami Beach Boat Show based on concession sales and number of people using show transportation at the free-to-the-public event, was up more than 7 percent


Sea Level Rise Accelerating in U.S. Atlantic Coast “Hotspot”

Rates of sea level rise are increasing three-to-four times faster along portions of the U.S. Atlantic Coast than globally, according to a new U.S. Geological Survey report published in Nature Climate Change. Since about 1990, sea-level rise in the 600-mile stretch of coastal zone from Cape


Coast Guard Suspends Search for Missing Captain of HMS Bounty

The Coast Guard suspended its search Thursday for the missing captain of the HMS Bounty 200 miles southeast of Hatteras, N.C. Missing is Robin Walbridge, 63. “Our thoughts and prayers are with the Walbridge and Christian families," said Capt


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


 
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