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A yacht broker is a specialist who serves yacht or boat sellers and/or buyers as a representative for the sale or purchase of a yacht or boat. The yacht broker is paid an agreed commission by the seller to market the yacht for sale, field interest and inquiries from buyers, handle negotiations, attend inspection and water trial and ultimately, if successful, to attend delivery.
To reduce the number of disputes and smoothen the sale and purchase procedure, normally the ship-owner (seller) and the buyer will appoint brokers as middlemen to handle the transaction. There are three main stages for the sale and purchase of a ship which include: (1) the negotiation and contract stage, (2) the inspections stage, and (3) the ...
The boat building enterprise became Com-Pac Yachts. [1] [2] The Com-Pac 19 was designed by Bob Johnson of Island Packet Yachts in 1979. The largest boat built by the company was the Com-Pac 35, a 1990 Charley Morgan design. In 1999 the company started making small catboats and discovered an untapped market.
Richard “Dick” Valdes and Maurice V. Threinen founded Glass Laminates, a fiberglass contract company, in 1958. Among the early products were camper shells and producing canoes for Sears. The company eventually focused its development expertise on sailboats and became Glass Marine Industries (GMI), marketing their boats under the Columbia ...
For example, the M-19 can mount a 40 horsepower (30 kW) outboard, the M-26-X can mount a 50 horsepower (37 kW) outboard and the M-26-M can mount a 60 horsepower (45 kW) outboard. With these large engines, the boats are capable of speeds of over 20 knots (37 km/h), and the M-26-M brochure shows a picture of the boat pulling a waterskier.
In 1977 the 66-foot (20 m) Merlin was considered unseaworthy by critics, however, the boat proved to be capable of 28 knots (52 km/h) surfing, and won the 1977 Transpacific Yacht Race from California to Hawaii in record time with an average speed of 11 knots (20 km/h) over 2,250 miles. In 1981 Merlin again won the Transpac, but this time seven ...
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