Palmer Johnson to Aquire Assets of Intermarine Savannah
Palmer Johnson Savannah Inc., a member of Palmer Johnson Yachts group of companies, has signed a purchase agreement to acquire substantially all assets of BCT Real Estate and Savannah Shipyard, operating as Intermarine Savannah. Bpalmer Johnson’s acquisition of the 21-acre site in Savannah, a covered graving dock 535 ft. by 73 ft., capable of drydocking just about any yacht in the world, a high-roofed main construction building more than 600 ft. long, 700 ft. of covered docks and a 1,000-ton marine railway.
Feature: Leaving Home
For many years the fortunes of the Great Lakes-based shipbuilders and naval architects was based solidly on the building level of the owners who were also based on the 94,000 sq. mi. of water that makes up the five Great Lakes. That is no longer as true a statement as it once was. While there are many projects in this area designed and build by Great Lakes firms for owners in the area, an impressive number of significant commercial market projects as varied as Staten Island, New York ferries and Gulf of Mexico crew/supply boats were designed and or built on the Great Lakes. The Kennedy Class of double ended auto/passenger ferries is one of the most recognizable images of New York City. Every weeknight millions of people see one during the opening of the David Letterman Show.