Bluewater Takes Delivery on The New Cabo 40 HTX Express January 1st 2013

Bluewater Yacht Sales will be taking Delivery on our New Cabo 40 Hardtop HTX Express on January 1st 2013!

Below are Pictures of the 40 HTX:

2013 Cabo 40 HTX

Please let us know if you would like to set a time for a personal viewing.

Hank Sibley (804) 337-1945
hsibley@bluewateryachtsales.com

BACK COVE DOWNEAST 37 – debuting in July 2013

Back Cove Yachts is pleased to announce their latest design, the Back Cove Downeast 37 which will debut in July 2013. The companies’ new tagline “Practical Elegance. From Maine.” defines the Back Cove Downeast 37 well. She is practical, elegant and perfectly suited for a day trip along the coast.

Highlights:

  1. Great social spaces – flexible seating
  2. Large cockpit = 11ft x 11ft
  3. Elegant profile
  4. Traditional lobster boat proportions
  5. Open, single level helm deck
  6. Comfortable cruising interior

37DE_11

Kevin Burns, Vice President of Design and Product Development says, “This is an opportunity for us to take all of our thoughts and ideas about what makes day boats such great platforms, and grow those ideas to a scale which allows the proportions to be elegant and balanced.”

37DE_15 HiRes

The Design Team at Back Cove Yachts designed the Downeast 37 was with today’s boating lifestyle in mind. “The ideas that drive the Downeast 37 design are very simple:  Stop-you-in-your-tracks prettiness and the biggest, most flexible exterior spaces available on a boat this size – period.” says Burns.

Owners will appreciate the open cockpit with a SureShade cockpit cover; perfect for an afternoon cruise. They kept the hull of the successful Back Cove 37 but completely redesigned the deck and interior. In the engine room, you’ll find a Cummins 480 which will provide a cruise speed of 20 knots and top speed of 25 knots.

 

BC37DE_interior

Downeast 37 Specification

Length Overall (incl. swim platform, bow sprit)                                  42’ 6”  12.95m

Hull Length (molded)                                                                         38’ 2”  11.64m

Beam (Max)                                                                                      13’ 3”    4.01m

Draft (Hull)                                                                                           28”      .71m

Draft (Prop)                                                                                          43”   1.09.m

Displacement (typ. full load)                                                         22,100lbs    11.05t

Fuel                                                                                          300 US Gals  1135.6l

Water                                                                                      120 US Gals     454.3l

37DE_12
http://www.backcoveyachts.com/

 

 

 

NC To Open Short Black Sea Bass Season

December 20, 2012

black_sea_bass

MOREHEAD CITY – A two-month recreational black sea bass fishing season will open Jan. 1 in both federal and North Carolina waters north of Cape Hatteras.

During this open season, the minimum size limit will remain at 12.5 inches, but the bag limit will decrease from 25 fish to 15 fish per person, per day.

The season will close Feb. 28, and regulations for the remainder of 2013 will be determined by the Atlantic States Marine Fisheries Commission at a later date.

A scheduled Nov. 1 through Dec. 31 season was cancelled this year after landings estimates indicated that the recreational harvest limit had been exceeded.

This closure prompted concerns about the black sea bass stock assessment and current accountability measures that could result in a recreational fishery closure in 2014.

The recreational black sea bass fishery south of Cape Hatteras is managed by the South Atlantic Fishery Management Council and will remain closed until June 1.

http://vbsf.net/2012/12/20/nc-to-open-short-black-sea-bass-season/

Army Corps suspends dredging of Oregon Inlet

Following strong north winds, Oregon Inlet at Bonner Bridge is too shallow for dredges, forcing crews to stop clearing the channel.

U.S. Army Corps of Engineers officials said Thursday that the Merritt, a side-casting dredge, would not be able to work the troubled channel as planned. Depths at the navigation span under the bridge are only 2 feet, according to a statement.

The corps does not own an ocean pipeline dredge, the only mechanism able to work in such shallow waters, it said. The agency does not have money to contract for an ocean pipeline dredge.

Meanwhile, the Merritt will be on standby in Wanchese until crews take another survey Monday.

Boat Buying and Selling: Skip the Remorse

Perhaps the best advice I ever got is one of the few rules that applies to both sides of a used boat transaction: Stop Selling after it’s sold, and Stop Buying after it’s bought.

As a seller, those throw-away comments like “You won’t regret this decision,” or “I think you made a wise choice,” or “You and your family are going to love it” don’t do anything to comfort someone who just bought your old boat. Just thank him or her for doing business with you, sign the papers and be done with it. Most important, shut your mouth.

buyers remorse

If you keep looking at boat listings after you’ve bought your boat, you’re going to run across a cheaper, better one. Let it go. Turn off the machine. Get in your boat and go.

A related rule applies to the buyer of a used boat. After you’ve bought, stop buying. Turn off the search devices and stop poring over ads on BoatTrader.com. If you keep looking, you will find the very same boat you just bought, but this one invariably will be cheaper and in better shape than the one sitting in your driveway. That’s why you can always walk away from a deal knowing another one will come along. It works even if you don’t walk away. So do yourself a favor and stop looking.

Here’s what you do instead. Get up from the desk and go outside. Better yet, turn the computer off and go outside. Then, hook up the boat, throw a cooler full of beverages and some snacks in it, and hit the lake. Or river. Or ocean. The point is to go and enjoy the boat you have, rather than lamenting the one you wish you had waited for.

Woulda, coulda and shoulda are evil notions you should eschew the moment you bring home your new-to-you boat. If you don’t, you run the risk of turning something that was supposed to be fun into something you regret. And no amount of throw-away comments can fix that.

Brett Becker

http://blog.boattrader.com/2012/11/boat-buying-and-selling-skip-the-remorse.html

Cramer: Super Storm Sandy – The Play Everyone’s Missing – Brunswick!

“On the one hand, Super Storm Sandy was absolutely horrible, a human tragedy that caused tens of billions of dollars worth of property damage. But on the other hand, Sandy could turn out to be an economic shot in the arm.

Although Cramer has offered lots of thoughts on how to play the recovery, on Monday’s broadcast he presented another play – one that he feels has largely gone unnoticed – Brunswick, the number one make of boats.

“According to the Boat Owner’s Association of the United States, over 65,000 recreational boats were damaged or lost because of Sandy at a cost of $650 million.”

In fact, according to the Boat Owner’s Association Sandy was the worst storm for boats since they started keep track of stats in the 1960’s.

Read More: Scaling the Abyss – 9 ‘Buys’ if Nation Falls Off Fiscal Cliff

Stan Honda | AFP | Getty Images

“These numbers tell me that there should be a lot more demand for new power boats than we would’ve had without Sandy. And if more people are going to be buying boats, if only to replace their broken or destroyed old ones, then the stock to own is Brunswick,” said Cramer.

Considering boats are luxury items and tax rates on the wealthy will likely jump in a couple of weeks, why is Brunswick a buy?

“Because, as bad as the fiscal cliff might be it won’t be nearly as bad as the great recession and Brunswick handled the great recession with flying colors,” said Cramer.

“In the marine industry, about 30% of the dealers in the United States went under during the recession, but Brunswick’s dealer count remained flat. They held in much better than the competition and used the economic weakness to take share. Plus, the company also took out $450 million in fixed costs during the downturn to come out even stronger than ever.”

Play Video
Cramer Bullish on Brunswick
Mad Money host Jim Cramer explains why he has confidence in Brunswick amid the looming fiscal cliff.

Also, over the last decade, the age of the average power boat in the water has gone from 15 years old to 21 years old.

“That means there’s a ton of pent-up replacement demand. We saw the same thing happen in the automobile market, where the average car on the road got so old that it led to a surge in demand for new autos. I bet what’s true for cars is also true for boats, and that’s terrific news for Brunswick.”

Numbers are also impressive.

“Back in late October, right before Sandy hit, Brunswick reported a big 14-cent earnings beat off a 29-cent basis, and the company also gave upside guidance for the full 2012 fiscal year.”

And the company is getting leaner.

Brunswick announced a restructuring plan that should give its bottom line a nice boost going forward. The company’s consolidating its boat product portfolio and shutting down one of its factories in Tennessee in order to cut costs.”

“Also the company has been cleaning up its balance sheet to the point where it has the lowest level of debt in more than seven years.”

All told, Cramer smells a buy – and that’s despite the gains of nearly 50% ytd.

“Even after this move, the stock is still pretty darned cheap, selling for just 12 times earnings with a 12.5% long-term growth rate,” said Cramer

http://www.cnbc.com/id/100322425

Regulator Makes The Top 50 Sport Fishing Boats of All Time from Saltwater Sportsman

Our subjective list of the 50 best inshore and offshore boats