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M/Y Ronin Begins Refit at Knight & Carver

Maritime Activity Reports, Inc.

September 7, 2005

M/Y Ronin, the 192 ft. Lurssen owned by Oracle Corporation founder/CEO Larry Ellison, has arrived at Knight & Carver Yacht Center and is now undergoing a refit project scheduled for completion by August 2005. According to Captain Steven Bates, the project's emphasis will be on extensive audio/visual and IT upgrades, cabinet carpentry throughout all state rooms, re-caulking of the teak decks and hull paintwork. A full-time crew of Knight & Carver's tradesmen has been assigned to Ronin. The most subtantial portion of the project will be completed on Knight & Carver's 300 ft. drive-on dock, with haul-out at nearby Knight & Carver's partner, Southwest Marine. Knight & Carver's Cliff Mayo is serving as project manager. "We couldn't be more pleased to welcome M/Y Ronin and its crew to our facility," said Sampson A. Brown, President/CEO of Knight & Carver. "Our company is entering an exciting phase as we continue to meet the industry's world-wide demand for refits and major repairs on these extraordinary vessels. The megayacht industry is growing and we're growing right along with it." Ronin's arrival marks the beginning of a busy period for Knight & Carver's new emphasis on megayacht refit/repair. On June 15, one of the world's most private megayachts (the vessel has requested anonymity) is scheduled to arrive for a complete refit, lasting six months.

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