Xtreme Companies, Inc. announced the acquisition of 100% of the outstanding shares of semi-custom boat manufacturer Marine Holdings, Inc. In exchange for $4.3 million in cash, Xtreme received the Challenger business and assets including its gross order backlog of $1.6 million, boat inventory, boat molds and real estate which includes Challenger's 65,000 square ft. boat manufacturing facility located on 12 acres in Washington, MO. The transaction was financed with conventional loans provided by a Missouri-based regional bank. Xtreme Companies, Inc. is engaged in manufacturing and marketing of mission-specific Fire-Rescue and Patrol boats used in emergency, surveillance and defense deployments. Marine Holdings, Inc.(MHI) d/b/a Challenger Offshore manufactures semi-custom fiberglass boats of 19 to 97 ft., which include leisure, performance, fishing and motor yachts.
Pluckebaum Custom Boats recently launched a custom 80 ft. corporate coastal yacht, designed for dining and entertaining large groups of corporate customers. The vessel is designed to take customers on a three or four hour afternoon or evening cruise, and serve them a complete, sit-down gourmet meal. The yacht was built to replace an older 65 ft. vessel. The interior joiner work features custom milled tongue-and-groove African mahogany walls, ceilings and cabinetry
Derecktor Shipyards Conn., LLC last month filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. The company said the filing was the result of a single contract dispute, and that it is still busy and fully staffed, working on several newbuild projects, including a contract to build a massive 85.6-m motor yacht, a 45-m catamaran and a pair of tugboats for Boston Towing and Transport
"I believe it is the largest boat wrap ever," said Image Monster owner Jed McDonough as he surveyed the QuadZeus, a 60-ft power sportsfish boat in Charleston, S.C. Image Monster, a Wilmington, N.C., large-format print and graphic design studio, wrapped the boat in a custom design by graphic designer Zach Shaeffer, who utilized original drawings by renowned Wilmington marine artist Steve Goione. The QuadZeus wrapped from bow to stern participated in the boat show turning heads
The Boat Builders Labor Saving Device – Custom Designs Available. Battery management system manufacturer Wells Marine Technology has launched a space-saving flat panel model of its Total Automatic Battery Management System (T.A.B.S.) that can be configured easily for any single, twin or triple engine application and can also be custom-designed to builder model specifications. Wells T.A.B.S. connects battery chargers
Demonstrating the rapid progress of the Cape-class Patrol Boat Program, Austal has hosted the keel-laying ceremony for the third vessel, 'Cape Nelson', one of eight 56-metre patrol boats that Austal is designing, building and supporting for the Australian Customs and Border Protection Service. The three coins were placed under the keel block by Michael Pezzullo, Chief Executive Officer, Australian Customs and Border Protection Services; David Brekenridge
Moose Boats delivered two M2-37 rescue/response boats to the Port Authority of New York/New Jersey Police. The M2-37 vessels are 37.5 ft. aluminum catamarans powered by twin Cummins 380 hp turbo diesels propelled by Hamilton HJ292 water jets. These rescue/response boats can attain a top speed of over 35 knots and are custom outfitted with 33 18-person life rafts. Each boat can deliver enough raft capacity to handle a water-based aircraft rescue mission for the largest aircraft landing at
Minister for Defense, Senator the Hon Robert Hill, announced that Austal Ships, in conjunction with joint tender partner, Defense Maritime Services (DMS), has been short-listed to design, construct and provide through-life service for the Royal Australian Navy’s new patrol boats, due to replace the existing Fremantle class patrol boats. If ultimately successful, Austal’s role in the SEA 1444 project will be the design and construction of the patrol boats
Bay Ship & Yacht has launched the high-performance yacht, Blue Thunder, marking the shipyard’s entry into the custom-built sport-yachting market. With a service speed of 32 knots, a flank speed of 42 knots, and a draft of less than three ft, the Blue Thunder offers the speed and performance of a high-performance sport yacht. The custom interior is crafted with veneered, ultra-light honeycomb-cored panels, with a satin varnish finish
New work boats are never purchased out of want, but rather need – imminent need. Such a need prompts buyers to scour the web and perhaps their favorite maritime magazines for information on potential designs that appear to be a good fit. The next step is simply to make contact with a boatbuilder and request a price based upon the similar vessel shown via the website or marketing materials. Go ahead – ask for the price
GAC Shipping (India) Pvt Ltd has appointed Mukesh Chakraborty as the Branch Manager, Logistics Services for its Bangalore office. Mukesh brings 13 years of experience in freight forwarding, customs clearance, transportation and warehousing and distribution to his new role.
Louisiana-based boatbuilder Metal Shark has announced several new contracts with Latin American and Caribbean operators, further expanding the company’s presence in the region. At a recent ceremony with Puerto Rico’s Governor Alejandro Garcia Padilla in San Juan
APM Terminals Mumbai, India’s busiest container terminal, has embraced ‘Direct Port Delivery’ (DPD)service initiated by the Indian government as part of its “Ease of Doing Business Program” to enhance India’s access to the global logistics chain.
Two newly built custom tugboats have been delivered to Canadian based SNC Lavalin to operate during the construction of Montreal's New Champlain Bridge on the Saint Lawrence River. The new vessels, one 13 meters long and the other 15 meters long
Gulfstream Shipbuilding welcomes James Murray, a second generation boat builder and operator/owner, to the Sales Management Team. James is the son of Jim Murray, who originally opened the shipyard 35 years ago as Freeport Shipbuilding. James built a variety of custom boats at the shipyard
Expansion of Virginia’s Foreign-Trade Zone (FTZ 20) into northeast North Carolina was approved by the US Department of Commerce and the decision provides another means of attracting cargo to The Port of Virginia, the port’s CEO says.
Custom Aluminum Ferry Designed and Built for Long Island Coast Waters Gulfstream Shipbuilding won a contract through the United States Department of Homeland Security for a passenger/vehicle ferry to service the New York and Connecticut waters. This 118 x 27 x 10.75 ft
U.S. Customs and Border Protection (CBP), Office of Field Operations, at the Charleston Seaport arrested a Goose Creek, S.C., woman on Wednesday who was wanted in connection with a local murder. The woman, destined to depart Charleston for the Bahamas on December 7
GAC has introduced a new centralized service to help ship owners navigate the paperwork required for the import of cargoes to European Union (EU) ports from outside the Union. Operators of vessels carrying such cargoes must declare cargo information to the customs authorities in advance of the
Volvo Penta of the Americas conducted a custom training course in Cancun, Mexico recently, providing full instruction in the assembly, repair and alignment of IPS engines for its regional dealer network in Mexico and Central America.
Lowrance announced today the release of a high-performance addition to the HDS series of fishfinders/chartplotters – Lowrance HDS Carbon. The new Lowrance HDS Carbon adds a high-performance dual core processor, multi-touch SolarMAX HD screen
Israel Marine Police delegation visits SAFE Boats International to sea trial final patrol boats under multi-year contract The Israel Marine Police (IMP) visited SAFE Boats International (SBI) this week to inspect and sea trial the final three vessels of 10 new patrol boats under contract
On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats. The boats are specially developed in close cooperation with KBV and are a continuation of seven boats already delivered between 2015 and 2016.
Megaware KeelGuard, Inc., a worldwide supplier of products designed to protect the smallest fishing boats to the largest Coast Guard fleets since 1992, announced today the launch of its newest boat protection product – PontoonGuard.
Five people were killed and around 100 people rescued on Sunday after a fire ripped through a boat carrying tourists to islands north of the Indonesian capital Jakarta, authorities said. Along with five fatalities, 17 people were also injured, said Ferry Budiharso