Is Nor Sea Yachts Still In Business?

NorSea Yachts, a renowned yacht builder in Australasia, has been producing the NorSea 27 and 37 since 1977. The company, founded in 1947 in California, has grown from a small family-owned business to one of the leading yacht manufacturers in the industry. They adopt industry-leading technologies to ensure their products are desirable and make them the best option within the industry.

The NorSea 27 is an American trailerable sailboat designed by Lyle Hess as a cruiser and first built in 1976. The design was built by Stan Dean Wixom, who had previously been in the business of producing fairings for motorcyles. Today, many builders use LOA (length on deck) for rail overhangs, bowsprits, etc. and LOD (length on deck) for hull length. However, LOA may still mean LOD if the builder is honest and using accepted industry standards.

The NorSea 27 is still in production, available in kit form or as a complete boat, with more than 450 boats already sailing the oceans and inland seas. The company offers support to ensure trouble-free ownership and provides replacement parts if needed.

The NorSea 27 is still in production, available in either kit form or as a complete boat, and more than 450 boats are already sailing the world. The company has recently closed a loan on their second yacht financed with Trident Funding, which continues to offer excellent customer service, a great rate, and timely processing.

NorSea Yachts builds the world’s most celebrated expedition trawler yachts for adventure boaters of all levels, with models ranging from 41 to 120 feet. A 1977 Norsea Marine 27 motor sailboat is currently for sale in Sequim, Washington (near Seattle) with 69 photos, features, and a good description.

Did Meridian Yachts go out of business?

The company announced the closure at an all-staff meeting Thursday, saying a dramatic decline in boat sales nationwide forced the decision.

“Many people cried,” said Antonio Ibarra, of Mount Vernon, who has worked at the company for seven years.

“The plant manager almost cried. He had a big speech, but he could not talk. We thought we were working for a company that was strong,” Ibarra told The Herald of Everett.

Sergo Ruben-Lopez, who joined Ibarra for a beer at the Buzz Inn after work, said the shutdown was a big loss.

Is meridian the same as Bayliner?

2002 was the final year for Bayliner Motoryachts. In 2003, Brunswick launched its Meridian line of yachts out of Bayliner’s old yacht and former headquarters location in Arlington, Washington. Meridian started with the old Bayliner lineup of seven models of sedans, flybridges, and pilothouse motoryachts from 34-58 feet, with the direction and intention of gradually re-tooling the lineup.

This would include not only new and more aggressive designs but also new materials and hardware to bring the Meridian brand closer to Sea Ray and its perception quality. All Meridian models were equipped with Brunswick’s new Docking on Command™ system of utilizing bow and stern thrusters under a single control.

Sales rebounded under the new direction but the financial downturn of 2008 caused more rationalization of Brunswick’s facilities, including the closing of the Arlington plant and all Meridian production moving to Florida. In 2011, it was claimed that Meridian had the best selling sedan and flybridge cruisers in the United States for the past five years.

Which sailing yacht is owned by a Russian billionaire?

Sailing Yacht A is a sailing yacht launched in 2015. The vessel is a sail-assisted motor yacht designed by Philippe Starck (exteriors and interiors) and built by Nobiskrug in Kiel, Germany for the Russian billionaire Andrey Melnichenko.

Its propulsion consists of a variable-speed hybrid powerplant with two lineshaft controllable-pitch propellers that is sail-assisted by a three-mast fore-and-aft sailing rig. The freestanding carbonfiber rotating masts were manufactured by Magma Structures at Trafalgar Wharf, Portsmouth. Doyle Sailmakers USA manufactured the three fully automated carbonfiber/taffeta full roach sails. The furling booms were built in Valencia by Future Fibres. The rigging of the yacht was developed partially to be implemented on cargo ships and for commercial use. The vessel features an underwater observation pod in the keel with 30cm (12in)-thick glass. It is the largest private sail-assisted motor yacht in the world.

Sailing Yacht A was delivered by Nobiskrug on 3 February 2017, and left Kiel on 5 February 2017. It exited the Baltic Sea in light mode on near-empty fuel tanks in order to clear the Drogden Strait with minimum draught. It underwent final sea trials and the final fit-out at the Navantia shipyard in Cartagena, Spain. Boat International called it “the boundary pushing superyacht”. The yacht is owned by Melnichenko through Valla Yachts Ltd. of Bermuda, and was initially registered there at Hamilton. In December 2021 the yacht was moved to the Isle of Man flag and registered at Douglas.

Who bought Oyster Yachts?

Oyster Yachts has been bought from administrators by British gaming software entrepreneur Richard Hadida. Hadida won the bid from a shortlist of seven bidders. He is a keen yachtsman who has chartered Oysters and sails with motorsports boss Eddie Jordan on Jordan’s Oyster 885 Lush.

Oyster went into administration in February with the loss of around 380 jobs after the Dutch backers, HTP Investment, decided not to continue to support the company financially. The company had its largest ever order book totalling £80m, but also an unsettled £7.3m claim relating to the loss of the Oyster 825 Polina Star III from a total keel failure in 2015.

Hadida won’t disclose what he paid to buy Oyster, but he outbid a group that included four other high net worth individuals. He now owns the assets, tooling and IP, as well as the subsidiary brokerage, after market and events companies, but minus liabilities relating to Polina Star.

Does Sea Ray still build yachts?

Sea Ray discontinued the yacht and sport yacht models in 2018 to focus on revitalizing the 19 to 40 foot category. The largest Sea Ray models comfortably sleep four adults in a spacious cabin.

Why did Sea Ray stop building yachts?

According to Schwabero it was “largely due to the persistently weak financial performance of the yacht product category.” As a result Brunswick decided to not divest Sea Ray, but simply discontinue sport yachts and yacht models.

Who builds the Nor Sea 27?

The design was built by Heritage Marine, later renamed Nor’Sea Marine, in Dana Point, California, United States. Production was started in 1976, with 450 boats built, but it is now out of production.

The boats were sold complete and ready to sail and also as kits for amateur completion.

Hess designed the boat in response to a specification by Dean Wixom, president of Heritage Marine, who was looking for a trailerable boat that could handle almost any ocean weather. Hess based the configuration on the traditional lines of the Norwegian Spitzgatter.

Is Bayliner still in business?

Bayliner is a manufacturer of recreational boats. Established in 1957 by Orin Edson, Bayliner currently has over 400 dealers in over 60 countries around the world. The company operates as part of the Brunswick Boat Group, a division of the Brunswick Corporation. Bayliner was acquired by Brunswick from Orin Edson in 1986 for $425 million. Bayliner facilities are located in Knoxville, Tennessee, Dandridge, Tennessee and Arlington, Washington, in the United States and in Reynosa, Tamaulipas, in Mexico. Bayliner also has a plant in Portugal for the European market and in Brazil for the South American market. Bayliner offers deck boats, center console boats, and bowriders ranging from 16 to 26 feet only.

Bayliner operated a sailboat division from 1970 until 1984. The Buccaneer Division of Bayliner produced sailboats under the brand names Buccaneer Yachts and United Sailing Yachts (US Yachts). The boats sold well though the 1973 oil crisis period, but the division was sold off to Pearson Yachts in 1984. Pearson continued producing the designs under the Triton name until that company went bankrupt in 1991.

The largest boat built was the US Yachts US 42. Other boats built include the Buccaneer 200, Buccaneer 220, US Yachts US 25 and the US 22. The boat designs tended to emphasize interior accommodation over sailing qualities.

How much is Clive Palmer’s boat?

Billionaire mining magnate Clive Palmer’s $40 million superyacht has been saved from a sandbank on the Gold Coast after it became stuck for the second time in months.

The 56-metre vessel Australia ran aground on a sandbank near Wave Break Island in the Gold Coast Broadwater estuary at about 6pm last night.

A tugboat was deployed and managed to free the superyacht by about 8pm.

It’s not known if Palmer was aboard when the yacht ran aground.

How much is a new nor sea 27?

The Nor’Sea 27 has held their values well and have remained highly sought after so tend not to linger long on the used boat market. In 2007 the market value on used boats ranged from $28k – $62k USD depending on age and condition. New boats are available from Nor’Sea Yachts at three levels of kit set or as fully completed boats and prices range from $39,400 USD for the most basic kit to $151,612 USD for the completed boat.

Information and advice on buying a Nor’Sea 27 can be obtained from the Nor’Sea Yachts website or from the active owner’s association on Yahoo groups.

Similar Boats. Links, References and Further Reading. » Nor’Sea Yachts official website» Nor’Sea 27 Yahoo Owners group» Sailing Magazine, Nov 2008,review of the Nor’Sea 27, by John Kretschmer (Boats & Gear)» Sailing Magazine, Nor’Sea 27 review by Brian Fagan (Boat Test)» Nor’Sea 27: A Trailerable Offshore Cruiser by Charles Doane, Apr 2010.» Good Old Boat magazine The Salty Nor’Sea 27 by Karen Larson» Old Boat magazine The Nor’Sea 27 by Ted Brewer.

Is Sea Ray still in business?

Sea Ray Boats is an American manufacturer that produces recreational motorboats. It currently operates as part of the Brunswick Boat Group, a division of Brunswick Corporation.

It was founded in 1959 by Cornelius Ray as an independent company, Ray Industries, in Detroit, Michigan, with fiberglass boats being made at a factory in Oxford, Michigan. That company was bought in 1986 by Brunswick Corporation for $350 million. At the same time, Brunswick purchased the Bayliner brand, making Brunswick the largest pleasure boat producer in the world.

Sea Ray opened a plant in 1972 at Merritt Island, Florida. It eventually grew to three plants at that location. It employed more than 1,500 workers at its peak. At that time, it produced about 20 sport yachts weekly, each retailing from $200,000 to $500,000. It largely phased out operations during the Great Recession.

Is Oyster Yachts still in business?

The luxury yacht manufacturer sailed into the black with a 29 per cent year-on-year increase in turnover to £56.4 million in 2023.Hadida has invested heavily in the business to guarantee its long-term future.

The company achieved a profitable month in January and expects an overall Q4 profit for the year ending 2024. Recently appointed CEO Ashley Highfield has also highlighted major investments to enhance the customer experience, plus upgrades to the Oyster World Rally.

The company returned to profit following heavy investment in manufacturing facilities, staff and new support services.The company makes blue water sailing yachts; after launching a record 32 yachts in 2022, Oyster maintained full occupancy of all its shipyard’s build bays during FY23.