MEGAYACHTS - Megayacht demand remains strong in North America despite virus impacts
Professional Mariner|Annual American Ship Review 2021
Twelve months ago, 2020 looked to be a banner year for megayachts. Sales were on the rise, clients were interested and yards were buzzing with projects. The 2019 fall boat shows, which informally kick off the yachting industry’s year, saw record attendance both in terms of exhibitors and visitors. The Marine Industries Association of South Florida reported that the 2019 Fort Lauderdale International Boat Show brought in more than $715 million in sales.
Rebecca Cahilly-Taranto

The 2008 economic crisis, it seemed, had run its course and a new chapter in yachting had begun. Not two months into the new year, however, the unexpected happened. Still, the industry has shown surprising resilience considering the unprecedented uncertainty caused by the coronavirus outbreak, mandated shutdowns and the uneven recovery through summer 2020.

WESTPORT YACHTS

Washington — home to several yacht building facilities — was the first state in the U.S. to respond to the COVID-19 pandemic. Mere hours before the state issued its first shutdown of all nonessential businesses, production megayacht builder Westport Yachts proactively paused operations at its Westport and Port Angeles shipyards in the interest of employee health and safety.

Because yacht building was deemed a nonessential business by the state of Washington, only contracted non-speculative projects were allowed to continue production. This mandate paused the anticipated spec production of Westport’s brand-new W117 and W172 models, but production was permitted to continue on contracted boats, and the yard was able to deliver two W125 yachts to their new owners. Work has resumed on a W164 and two W112 models with staggered shifts and social distancing protocols in place.

NORTHERN MARINE

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM PROFESSIONAL MARINERView All

Mariner's role still unknown as autonomous shipping gains speed

Mariners’ role still unknown as autonomous shipping gains speed

6 mins read
Professional Mariner
December - January2021

CAPTAIN MURCHISON - Texas Game Wardens gain crime-fighting advantage in the Gulf of Mexico

It’s a cat-and-mouse game on the high seas: Unlicensed commercial fisher-men from Mexico head north into Texas waters in small, swift boats called “lanchas,” hoping to catch a haul of seafood before the authorities catch them.

7 mins read
Professional Mariner
Annual American Ship Review 2021

Piracy edges closer to home with wave of raids in southern Gulf

In the brief cellphone video recorded by a crewmember on the offshore supply vessel (OSV) Remas, the pirates walk back and forth on the deck of the ship, clenching their guns and using them to point as they order around the crew. Their faces are draped in clothing and bandanas.

4 mins read
Professional Mariner
December - January2021

MADONNA - Madonna adds flexibility, ice-breaking capacity for Wisconsin operator

For most of this century, the Washington Island Ferry Line had a single icebreaking vessel available for winter runs across Lake Michigan’s Death’s Door Passage. The arrangement caused some sleepless nights for company President Hoyt Purinton.

5 mins read
Professional Mariner
Annual American Ship Review 2021

Casualties

NTSB: Dredge hit Texas gas pipeline, causing fire that killed four

4 mins read
Professional Mariner
December - January2021

FERRIES/EXCURSION - COVID-19 threatens once-robust passenger vessel market

The passenger boat market has been relatively strong over the past few years, driven largely by ferry operators on all three coasts replacing older vessels and adding to existing fleets. Meanwhile, the relatively robust economy stoked demand for new excursion and tourist vessels.

9 mins read
Professional Mariner
Annual American Ship Review 2021

IMO emissions report raises new concerns about methane slip

A recent report from the International Maritime Organization (IMO) reveals that global shipping emissions increased nearly 10 percent from 2012 to 2018, with the industry facing a growing challenge concerning methane slip.

3 mins read
Professional Mariner
December - January2021

Matson continues fleet renewal with versatile Kanaloa-class ships

Matson Navigation has a proud history in the Pacific dating back more than a century. The 870-foot container/roll-on, roll-off (conro) Lurline will build on that legacy well into the future.

6 mins read
Professional Mariner
Annual American Ship Review 2021

Bay State brothers find industry niche by making old into new

Zero non-conformities is what you want to hear when the U.S. Coast Guard inspects your tugboat. Once you’ve prepared your vessel, the inspectors come aboard to peruse your paperwork. They ask you pointed questions, to which they expect straightforward answers. Perusal completed, they then scrutinize all of the related safety systems, from bilge to antennas — even the ship’s bell.

5 mins read
Professional Mariner
December - January2021

MEGAYACHTS - Megayacht demand remains strong in North America despite virus impacts

Twelve months ago, 2020 looked to be a banner year for megayachts. Sales were on the rise, clients were interested and yards were buzzing with projects. The 2019 fall boat shows, which informally kick off the yachting industry’s year, saw record attendance both in terms of exhibitors and visitors. The Marine Industries Association of South Florida reported that the 2019 Fort Lauderdale International Boat Show brought in more than $715 million in sales.

4 mins read
Professional Mariner
Annual American Ship Review 2021