Jack Mccoy News

Knight & Carver Acquired by Hybrid Firm

Arc Light Acquisition Adds Capabilities to Marine Compnay's Existing Services. San Diego marine hybrid systems pioneer Arc Lite Power, LLC has signed an agreement to purchase National City shipyard Knight & Carver Maritime, the companies announced today. The $30 million total investment will expand the capabilities of the combined companies to serve the emerging “green marine” market. Knight & Carver, a leading provider of marine construction and maintenance services since 1971, will continue its traditional offerings in addition to adding the operations of the world’s first global hybrid superyacht conversion and certification center. An interim operating agreement will allow combined operations to begin immediately. “The future has arrived for hybrid marine power,” said Sampson A.