Stabbert Yacht & Ship Shipyard

Monday, March 23, 2009

CEO Dan Stabbert and Paul Madden, Head of Sales, announced the sale of the 308 ft ex-NOAA Research Ship Sahara to a European buyer. This vessel is currently undergoing a complete re-fit and conversion at Stabbert Yacht and Ship (SYS) in Seattle. The vessel will be exported from the US and may benefit from a new export financing program that SYS is offering to international buyers. Under this program, Stabbert is able to offer competitive financing for buyers by guaranteeing term financing to creditworthy international buyers for purchases of U.S. vessels and refit/conversion services.

"The advantages to foreign buyers in the current economy are enormous." states CEO Dan Stabbert. "Market conditions present unique opportunities to buy seaworthy commercial vessels for conversion to exploration yachts, shadow boats, or for specialized missions such as oil research or security duties."

To date Stabbert has completed over 30 vessel conversion projects in the commercial and yacht sectors of the industry.  Stabbert Maritime Group has recently completed a total refit of the 143 ft Sterling Motor Yacht Devotion (ex Marjorie Morningstar), and also the 180 ft Revelation (ex-Patagonia).

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Sales

ASL Bags New Shipbuilding Contract

Singapore’s ASL Marine Holdings Ltd said that its wholly-owned subsidiary, ASL Shipyard Pte Ltd  has clinched shipbuilding contracts worth approximately SGD140m

Clipper to Take Delivery of 2 Ultramax Newbuilds

Clipper Group announced it will take delivery of two SDARI64 newbuilding bulk carriers during the coming months from Sainty Shipbuilding in Yangzhou, China. The vessels,

Japan Woos Australia in bid for Sub Deal

Japanese delegation tries to make case for submarine contract. Japan's effort to charm Australian politicians and the public over its bid for a A$50 billion ($35.

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4178 sec (2 req/sec)