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Brokerage sales increase in January

Brokerage sales increase in January


Posted on 06 February 2012


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U.S. brokerage sales rose 4 percent in January, compared with the same month a year earlier, and the total valuation of boats sold rose 9 percent.

According to sales reported by YachtWorld.com member brokerages, 1,628 boats changed hands last month for an aggregate price of $193 million. Compared with December 2011, sales in January were also higher by 4 percent; the total value was level.

Big boats continued to sell well in January. Sales of boats over 55 feet increased 24 percent, with 68 boats sold, and the valuation of sales rose 27 percent, to $78 million. The superyacht segment of that group contributed about $12 million to the valuation gains; 13 boats over 80 feet were sold, compared with nine a year earlier.

Boat sales also increased in the mid-size categories: Sales of boats 36 to 45 feet were up 7 percent, to 368 boats, and sales of boats 46 to 55 feet were up 11 percent, to 103 boats. Among boats under 26 feet, sales increased, as well, gaining 7 percent, to 503 boats; however, sales of boats 26 to 35 feet declined 3 percent, to 568 boats.

Average sale prices were relatively level among most sizes of boats, except among boats under 26 feet and boats 46 to 55 feet. Although more boats were sold in each category, the total sales value declined; this lowered the average price for the small boats from $20,000 to $18,300 and for the larger boats from $305,000 to $241,000.

A more detailed report summarizing recent U.S. brokerage sales will appear in the March issue of Soundings Trade Only.

— John Burnham

Editorial director

Dominion Marine Media

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Atlantic City boat shows sees modest increase in attendance, continues today

ATLANTIC CITY — Expensive leisurely activities like boating are
often the first to suffer from a down economy and the last to
rebound.

The bad news: This week’s Progressive Insurance Atlantic City
Boat Show at the Atlantic City Convention Center is still down, in
terms of scale and turnout, from its peak years ago, the show’s
manager Jon Pritko said.

The good news: This year’s show is about 30 percent larger than
2010’s low.

“We are still down from the peak years, but we are seeing an
increase,” Pritko said. “We have new exhibitors and some of our
exhibitors have expanded, which has resulted in more boats and a
larger show overall.”

Pritko said the five-day show was expected to draw between
36,000 and 38,000 visitors. This was also down from the peak years
when attendance would surpass 48,000, he said, but a slight
increase from last year’s roughly 34,000.

The fluctuation of the boating industry is comparable to the
housing market, Pritko said. But while many people refrain from
buying and selling homes in a down market, many boating enthusiasts
still buy boats — they typically just make adjustments to the kind
of boats they get, either in style or price.

“For a lot of people — like fishermen, waterskiers and
wakeboarders — boating is a way to express themselves and relieve
stress,” Pritko said. “And life is stressful these days — they’re
not going to give it up.”

Tom Brucker used to go boating often, but when his kids came he
put the hobby on the backburner.

But on Saturday, Brucker drove from his home in Montgomery, Pa.
— with is son Chris, 22, and his son’s girlfriend, Karen, 21, in
tow — in search the “perfect boat” to revive his hobby, which in
this case was a center-console fishing boat.

“This show is great because is gives you a lot of options,” said
Brucker, 47. “I haven’t found the perfect one yet, but there are a
lot of boats here we still haven’t seen yet.”

Mike Aiello, a regional president for MarineMax — which has
locations in Somers Point, Long Beach Island and Brick Township —
said the Atlantic City show was the biggest indoor show that his
branch of MarineMax takes part in each year.

“For us, it’s an all-together great show,” said Aiello, adding
MarineMax expected to sell from 25 to 30 boats during the event.
“It is our first show of the year, so we get to roll out our new
models for the first time, to see our existing customers for the
first time and start getting people excited for the spring and
boating season.”

This was the second year that Voorhees resident Adam Purtell
attended the boat show. 

Purtell said it was not feasible for him to get a boat
previously, but that he hoped to find a boat that fit both his
needs and his budget this year.

“I love to fish,” said Purtell, 35. “But I’d love to do more of
it if I could find a boat.”

On Saturday afternoon, Purtell was checking out a center-console
boat with friend Charlie Farren.

“I’m helping him look for a boat … that I can mooch off of,”
joked Farren, 34, of Berlin, Camden County.


IF YOU GO 

The Progressive Insurance Atlantic City Boat Show continues
today at the Atlantic City Convention Center. Hours: 10 a.m. to 5
p.m. Tickets are $14; children younger than 16 free. For more information, click on this
link.

Contact Robert Spahr:

609-272-7147

RSpahr@pressofac.com


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Political notebook: Wine, another senator stepping down, judicial discipline

NASHVILLE — The latest effort to legalize the sale of wine in Tennessee grocery stores appears stalled at the starting gate, but the sponsor insists that it’s only a matter of time until the effort is successful.

Rep. Jon Lundberg, R-Bristol, on Jan. 26 filed HB2874, which would allow sales of wine in supermarkets or groceries in any jurisdiction where voters approved in a local referendum. But no companion bill was filed in the Senate and the deadline for doing so has passed, meaning the measure cannot become law.

Bills to simply grant a general state authorization for sale of wine in grocery stores in cities that already authorize liquor-by-the-drink sales have failed repeatedly in recent years in the face of strong opposition from owners of stores now licensed to sell liquor and wine.

Lundberg said in an interview that he was unaware that no senator had sponsored the new referendum measure, which he thought could have a better chance of passage than earlier efforts.

“Who could be against letting people vote?” he asked.

Not surprisingly, David McMahan, lobbyist for the Tennessee Wine and Spirits Retailers Association, is against the proposal. He deemed it “worse than the original.”

He predicted that leaving sales to local referendums would mean “the Wal-Marts, Costcos and other big box stores” would spend large sums of money in local campaigns to “spread misinformation.”

The decision is best left to legislators, he said, adding: “There’s a reason we have a representative form of government.”

Told of McMahan’s comments, Lundberg expressed disbelief.

“The liquor industry is complaining it would be outspent? That’s funny,” he said.

The lawmaker said the lack of a Senate sponsor does not necessarily kill the bill because measures filed last session can be brought forward again this year and amended. Lundberg said he is eager to push legislation to expand wine sales locations, either in original form or in a bill authorizing local referendums.

“It’s a good business bill. It keeps people buying things in Tennessee instead of going out of state,” he said. “I think it (legislative approval) is inevitable — if not this year, then next year or the year after that.”

McMahan said he believes a law passed last session that allows Tennesseans to order shipments of wine from outside the state provides the “ultimate in convenience” for consumers and lessened any need for allowing wine in supermarkets. While more than 30 other states allow wine sales in groceries, he said no state has been added to the list in about 25 years.

Jarron Springer of the Tennessee Grocers and Convenience Stores Association, who has led lobbying efforts for passage of the legislation, did not return a reporter’s calls on Friday.

Not Running: Democratic Sen. Joe Haynes of Nashville, elected to the state Senate in 1984, announced Friday that he will not seek re-election to another term in 2012.

In a statement distributed to media, Haynes said there was “an interesting symmetry” in his decision-making process in those two years.

“In 1984, the ruling Democratic majority literally changed the district to exclude my home in an attempt to protect a Democratic incumbent. This year, the ruling Republican majority has radically changed my district in an attempt to draw a district more favorable to a Republican candidate,” Haynes wrote.

Haynes, 75, said the Republican redistricting “succeeded in stirring my competitive juices” toward running for another term, but he has decided “the sweet siren call of my family, a huge stack of unread books and a little-used fishing boat demand my attention now.”

Haynes is the second Democratic incumbent senator to announce he will not seek re-election. Sen. Roy Herron, D-Dresden, said earlier that he will not run for another term and will become head of the Ned McWherter Center for Rural Development.

Judge Measure: The Senate Government Operations Committee has signed off on a bill by Sen. Mike Faulk, R-Church Hill, to change the panel that disciplines judges for misconduct, but not as dramatically as a competing proposal by Sen. Mae Beavers, R-Mount Juliet.

Faulk’s proposal (SB2671) would continue to allow judicial groups to appoint most members of the panel, which would be renamed the Board of Judicial Conduct. The Beavers’ bill, which she began pushing last year over opposition from judges, would have the House and Senate speakers appointing a majority of members.

The Faulk bill now goes to the Senate Judiciary Committee, where Beavers is chairman and her bill is already pending.

Domestic Violence: A bill to increase penalties for repeat domestic violence offenders, part of Gov. Bill Haslam’s anti-crime package, has won unanimous approval of a House subcommittee a week after Lt. Gov. Ron Ramsey voiced concern that it could be an “unfunded mandate” on county governments.

The questioned bill (HB2389) would set a mandatory 45-day minimum jail term for domestic violence on second offense. On third and subsequent offenses, the minimum penalty would be 120 days in jail.

Legislative staff has calculated that statewide the bill would mean $8.6 million in increased costs for county jails for housing the offenders longer.

The “fiscal note” says there are 6,460 convictions for domestic violence each year in Tennessee with about 2,100 being second-time offenders and 754 convicted three or more times.

The House Judiciary Subcommittee approved the measure Wednesday without discussion or debate.


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Seized fishing boat sold for R450 000

Neil Oelofse

Officials of the Circuit Court in Knysna conduct an inspection of the Toledo fishing boat at the start of the trial of six men accused of using the vessel to smuggle 1.7 tons of cocaine into South Africa.

A fishing boat used by a Chinese syndicate to smuggle 1.7 tons of cocaine into Knysna harbour, and subsequently seized by the Asset Forfeiture Unit, was sold on auction for R450 000 at the weekend.

Six men were arrested and are standing trial in the Circuit Court in Knysna on charges of dealing in the 1 716kg of pure cocaine, which was found by police aboard the Toledo fishing boat moored outside an upmarket Knysna Waterfront flat on December 10, 2010.

The proceeds from the sale of the Toledo will be invested by a curator pending the finalisation of asset forfeiture proceedings instituted by the state. The proceedings are apparently being opposed by one of the accused and the registered owner, Shaun Packareysammy, 43, of Port Elizabeth.

Auctioneer Robin Mills on Sunday joked that he would have preferred to have sold off the cargo of cocaine – estimated to be worth about R2 billion on the streets – than the fishing boat.

Mills said the Toledo’s buyer got a bargain, but that it was also a good price for the seller. The winning bid was submitted by Knysna local Ricky Cooper on behalf of an undisclosed buyer believed to be a South African doctor practising in the US.

The court has heard that Packareysammy helped a group of Chinese “businessmen” buy the Toledo from a Hout Bay yacht broker for R700 000 in September 2010.

In his plea explanation, Packareysammy said he was invited by the Chinese men to be part of a legitimate scheme to buy a boat for deep sea fishing and sightseeing charters along South Africa’s coast and around Mauritius. He said he was asked to manage the business and also to occasionally arrange holidays for the Chinese businessmen and their families.

Packareysammy and his five co-accused have all pleaded not guilty. They are Chinese citizens Xing Cuo Chen, 57, Zhi Zhong Liu, 51, and Yu Wei Yau, 30, and Cape Town marine engineers Beverley Jones, 47, and Magamat Adams, 41.

The state alleges that the cocaine was loaded on to the Toledo from a passing ship when the fishing boat put out to sea from Knysna Harbour for five days from December 5, 2010.

On Friday SANParks field ranger, David Jornett, told the court that the cocaine smugglers were nearly tipped off that they were being watched when two policemen aboard a SANParks boat chased after the Toledo as it was leaving Knysna lagoon to load the cocaine, but turned back because the sea was too choppy.

Jornett said he was sent to investigate a diesel leak emanating from the Toledo on December 3 and became suspicious when he asked Jones and Yu what they and the other Chinese men were doing in Knysna.

“He (Jones) said they were on a fishing holiday and wanted to catch marlin. They appeared uncomfortable and it seemed they were not telling the truth.”

Jornett said the fishing tackle aboard the Toledo did not appear to be up to standard for deep sea game fishing. Also, “no one ever comes to fish for marlin in Knysna”.

After inspecting the boat Jornett alerted the police as to his suspicions, and two days later two police officers asked him to take them out to intercept the Toledo as it was leaving the Knysna lagoon.

“The Toledo was already on its way. I prepared our boat and went after the Toledo but we missed them.

“It was already through the Heads. The sea was choppy and the policemen didn’t want to go, so I turned around.” – Garden Route Media


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Ten day ocean sailing by Odisha NCC cadets kicks off

At least 30 navals joined the expedition for sailing in the Bay of Bengal. So far the NCC sailing exercises were restricted to rivers only.

Sources said the 10-day expedition is scheduled to conclude at Gopalpur beach on February 15 with stoppages at Pentha and Jambhu in Kendrapara district, Paradeep and Siali in Jagatsinghpur district, Astarang, Konark, Puri Town and Chilka Mouth in Puri district and Prayagi in Ganjam district.

During their halts, the NCC cadets will interact with the locals and see various places of importance.

The sailing expedition is being conducted under the supervision of NCC Group Headquarters, Cuttack and aegis of NCC Directorate, Odisha. A five-day training session of the cadets and other requirements for the expedition were facilitated by Dhamra Port Company Ltd (DPCL) inside the port premises.

Bhadrak District Magistrate Akshay Kumar Pani flagged off two Naval whaler boats engaged in the sailing expedition from the Dhamra Port jetty at 0900 hours today.

Deputy Director General of NCC, Odisha Commoder BK Patnaik, Director NCC Odisha Col. Hafiz Khan, Assistant Director (Training) Col. AVR Rao and Harbour Master of DPCL Capt. Mirza Baig were present on the occasion.

Commander P K Nayak, Commanding Officer of 3rd Naval NCC Unit, Cuttack is heading the sailing expedition team which included 10 girl cadets selected from various prominent colleges of the state. (UNI)

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97 Feb 06, 05:04PM

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Yearly Horoscope of 2012 for the Zodiac Sign:

 

Sagittarius    

Scorpio     Libra    Virgo    Leo     Cancer     Gemini     Taurus     Aries     Pisces     Aquarius     Capricon

 

 

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Astrolabe Reef disaster far reaching

 

Alan Sharp and Venom

Pommy Alan Sharp managed to avoid the fishing and boating bug until he’d become established in New Zealand.

Born in Sheffield, England, Alan came through the football ranks as a goalie whilst training as a specialist Renault auto mechanic. Having worked for 30 years in the UK as a Renault specialist, Alan was attracted to New Zealand by both family and opportunity.

He and his wife arrived at the height of 1980s boom, and in 1993 he and his brother-in-law purchased Reo Motors, the Auckland Renault agents. Interestingly, the stock market crash of 1987 passed them by – just shows how dependent we all are on a reliable motor vehicle.

The marine world knocked on Alan’s door quite by accident. Apparently a popular line of Mercruiser diesels were re-badged Renaults. It turned out that a fair few boaties had them in their vessels, and about the time Alan arrived they were in need of replacement or parts and repairs. So after a first call for help, the reputation of the new business quickly spread, and before he knew it, hey presto, Reo Motors had developed a marine service and supply department.

Finding replacement Renaults hard to come by, the boys ended up developing an enduring relationship with French marine diesel specialists Baudouin. Supplying both new and replacement marine engines that ranged from 75 to 1300hp kept the marine section busy for many years. Notable vessels fitted with them included tugboats, barges and super-yachts, with a geographic spread from Nigeria, through Egypt and India, and down to French Polynesia and New Zealand. Apart from the adventure of it all, Alan most keenly recalls the many remarkable and interesting people he met during the course of his business life.

Selling up and heading north, Alan and his wife Audrey arrived at Northland’s Whangaroa Harbour around 2000. Here Alan tried a bit of fishing with Danny Ivecivich on board Millennium, a 42-foot (12.8m) purpose-built game boat launched in 1999. The two got on so well as a team that Alan ended up working as deckhand on Millennium for four years.

Describing the launch as a semi-displacement hull of glass over triple-skin kahikatea construction, the single Scania 400hp managed a top speed of 18 knots and could maintain 11-12kt all day. Moving for’ard from a large self-draining cockpit, the main cabin features a galley and full-width saloon with bunks in the bow. Fitted with navigation stations in the cockpit, saloon and flybridge, Alan was lavish in his praise of the Carey hull’s sea-keeping qualities. Even a 5-6m angry NE swell off the Cavallis couldn’t tip her on her side when turning 360° to seek cover behind Motukawanui Island.

Having lost count of the gamefish he’s helped tame, Alan’s fishing highlights on board Millennium feature winning a Ladies Tournament with a 267kg blue marlin. He reckons it was the lady’s first marlin, and with the fisherwoman weighing in at a diminutive 51kg, the contest was very real. Apparently they had to run the Millennium in reverse for all but 15 minutes of the one and a quarter hours required to boat the fish.

There were a couple of close calls as a deckie. As well as having a flailing bill sandpaper his inner thighs, Alan’s biggest fright was only experienced in retrospect. A small stripie that was being secured alongside decided to take a last leap for freedom – straight at Alan’s head. Ducking to one side he caught the bill like any well-trained goalkeeper should, just two inches from his left ear. The near miss only became apparent to Alan upon viewing video footage of the performance afterwards – and it was only then that his gut took a churn and his heart a flutter or three. Whew!

A couple of years as Marina Manager at Whangaroa are also recalled with pleasure. He just loved the people side of the business, and is very proud of his initiative, an inside trailerboat section that has proved extremely successful, especially over the summer months. After his resignation, he really missed the people.

The first boat of his own was a 28-foot (8.54m) ferro-cement Hartley powered by a four-cylinder Ford. Alan reckons those first three years provided a very steep learning curve in seamanship and boating skills. Not only did he have to learn to manage the huge current flows coming in and out of the Te Atatu River, but he also barely managed to escape grounding at the entrance on a number of occasions. Then there was the time his exhaust caught on fire. Oops!

Alan also remembers a very close encounter with a certain ‘gin palace’. He was returning from Kawau Island when the said 50-foot (15.25m) vessel raced in from astern at 25 knots. There was less than a boat-length of clear water between his launch and the other as it careened past. Continuing on at a steady four knots, he later found the same vessel unloading, so approached from astern.

Colourful words were exchanged, which included Alan’s confident assertion that concrete was harder than plastic and to “Stay out of my #@%$*ing way!”

After which, Alan quietly chugged back to his own berth.

His second boat was an alloy 7.5m Sea-Ranger powered by a 120hp Mercruiser through an Alpha leg. He took in a bit of tournament fishing, and won a drinking contest at the Furuno on Kawau Island one year. Also, a cruising speed of 15 knots enabled Alan to get about the Gulf a bit more, with the outer islands – including both barrier islands – all within his ambit. He learned to catch snapper, too.

The third and current boat is a Craig Loomes designed and built 8.6m GRP Tournament. Regarded by many as the ultimate fisherman’s trailer boat, Venom is powered by a 200hp turbo Volvo through a duo-prop sternleg. Its features include full walk-around decks, lock-up cabin, a V berth and galley buried in the bow, and an under-floor engine compartment with built-in live-bait and fish tanks. Cruising on the plane at less than 20 knots, full noise gives 30 knots. Fuel consumption at cruising speed is about 1.3L per nautical mile. The sea-keeping qualities of this deep-vee hull are as legendary as boats from the fabled Bertram stable, and while they can be tender at rest, Tournaments are about as good as you can get in all safety respects.

Alan is currently getting Venom up to survey with a view to taking to the water as a charter skipper, so watch this space!

An active member of the Whangaroa Sports Fishing Club, Alan’s primary fishing pleasure is kingfish on light line. A 7.2kg snapper on 2kg was caught to prove a point, while a 16kg kingie on 10kg is his best in that department so far. Favourite kingfish locations are the Cavallis’ Tea Pot and Step Islands, with Cape Karikari considered the best location of all. A live slimy mackerel is his all-time favourite kingfish bait.

– © Fairfax NZ News

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