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Downeast Recommendations

Discussion in ' General Downeast Dayboat Discussion ' started by JWY , Aug 4, 2015 .

JWY Senior Member

I have a friend looking for me to advise on the purchase of a Downeast motoryacht. He's looking for a used 28-32 footer and has thrown some names at me for my recommendations. My general thoughts are Back Cove and Legacy might be best, but my experience in this size range is limited so I would appreciate any opinions on the following builders that might help me point my friend in the right direction: Albin, Back Cove, Duffy, Fortier, Legacy, and Mainship Thanks! Judy

NYCAP123 Senior Member

I'm not familiar with Fortier, and not sure I'd consider Mainship as a Downeaster, but all good names.

olderboater Senior Member

JWY said: ↑ I have a friend looking for me to advise on the purchase of a Downeast motoryacht. He's looking for a used 28-32 footer and has thrown some names at me for my recommendations. My general thoughts are Back Cove and Legacy might be best, but my experience in this size range is limited so I would appreciate any opinions on the following builders that might help me point my friend in the right direction: Albin, Back Cove, Duffy, Fortier, Legacy, and Mainship Thanks! Judy Click to expand...

gr8trn Senior Member

Good list so far, the MJM seems to get good reviews

Thanks for the responses and additional recommendations. Any opinions or experience on any of the manufacturers including the expanded list? Comparisons, pros, cons, good or bad experiences? Thanks! Judy

carelm Senior Member

I would add Sabre yachts to the list.

captholli Senior Member

revluc Member

captholli said: ↑ mjm Yachts 29z express is a fantastic Downeaster manufactured in Boston. Solid vessel with a lot of innovation not found on boats in this size category . Click to expand...

revluc said: ↑ The only thing I would say is a downside to mjm is the narrow(er) beam they design in their hulls to achieve a better ride, and fuel consumption, compared to some of the other brands mentioned. Sabre/Back Cove are sister companies and Sabre doesn't go down as far as 32', where the Back Cove Brand starts to pick up. Sabre did build a 34' for a short period, but I don't think they sold many of them, hence moving it to a Back Cove product line. The differences there are twin (Sabre) vs. single (Back Cove) engines and Back Coves less wood/flash. Of the brands mentioned those are the 3 we have shopped in the Downeaster market when looking at a possible replacement boat in SWFL. All are great in build and fit/finish, just a little different in the user they are marketed toward. Click to expand...

ranger58sb Senior member

NYCAP123 said: ↑ I'm not familiar with Fortier, and not sure I'd consider Mainship as a Downeaster, but all good names. Let me suggest that your friend check out Downeast Boat Forum http://www.downeastboatforum.com/ Click to expand...

Thanks to all for the responses. Good information - please keep em coming. The pickins are slim for the size and budget... Judy

jsschieff Senior Member

Take a look at Cape Dory -- they made a nice 28 footer. A small but good brand was Blue Star -- they made a very appealing 29 that is affordably priced on the used market. Another boat to consider is the Albin 31 -- a good looking boat with an interesting -- even clever -- interior design. Eastern Boats are very plainly finished but they are acceptable quality.

RER Senior Member

I second the Blue Star but there aren't many of them around. Another limited production boat worth looking at is the 32' Atlas Acadia. I sold one in CA (twice) and was very impressed with it. There are a couple of mid 2000 models on the market in FL.

j.waterr New Member

carelm said: ↑ I would add Sabre yachts to the list. Click to expand...

993RSR Senior Member

MJM is extreme quality, strong resale and capable offshore. We owned one and loved it. Legacy is good quality very popular and above average in a chop (the 32 is crazy popular) Sabre is a distant 3rd but does not build in the under 34 range Mainship is a price boat so you get all the cheap boat issues Fortier is well built and handsome. Tough resale unless you take it home NE. No two are the same. Back Cove is for your average boater looking for simple and late model. Not a good sea boat for her size and her modified V makes her a "slider" around the dock. Single screw with a tiny rudder. The mostly came with flag blue gel coat that lasted 2 years Eastbay 38's are 18 years old now but several rock stars on the market in the low 200's

ychtcptn Senior Member

In my mind, most of the boats being mentioned are production boats that use the "downeast" moniker, except for Duffy and Fortier. If you are looking for a true downeast design, look to the maine builders, Wesmac, Duffy, Northern Bay, etc. A good source for you would be the downeast boat forum, lots of knowledgeable guys on there and they find some nice boats that are listed for sale throughout the internet There was a nice 26' Fortier for sale in Ft. Lauderdale for a while now.

Jarvis Newman... Yes agreed but most downeast shoppers are really looking for the more modern interpretation. Similar to trawler buyers who want to cruise at 18 knots

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We Test the New MJM 53z: Fast, Fun and Elegant

It’s one thing to read about a new boat. It’s quite another to actually drive it. I certainly had expected to enjoy the new long, low, elegant MJM 53z, with its four 400-hp Mercury Verado outboards. After all, I’d already driven its predecessor, the MJM 50z, with three 435-hp Volvo IPS600 pod drives, as well as every other MJM model. But once I got behind the wheel of the 53z I realized it was even better – and a lot more fun – than I had anticipated.

One of the main reasons outboards have become so popular lately, even on larger cruising boats, is their performance. They simply provide more head-turning acceleration than is possible on most inboards; they carve turns faster, and, as many people have noted, driving an outboard is similar to driving a sports car.

All that is true on the MJM 53z. But what’s different is that the MJM 53z is a luxurious yacht, with two full cabins (with easy chairs), two large heads, a galley that would do justice to many a New York studio apartment, plus an enclosed helm deck that’s essentially an extra salon up top, and a large aft deck/cockpit. (The second full cabin is new on this boat, and it’s a major addition.)

On an early summer morning, before I climbed on the boat, I looked at it across the dock at the Newport Shipyard in Rhode Island and realized that this Doug Zurn-designed beauty with its glistening black hull and gold stripe was a big yacht. The four white outboards (painted in Mercury’s “warm fusion white”) made it look even larger, while promising a fun, powerful ride.

And they delivered. After we cast off, Bob Johnstone, who founded MJM in 2002, walked the boat away from the dock with Mercury’s joystick and then drove out into Narragansett Bay. After we cleared the harbor, he nailed the throttles and the outboards spooled up an instantaneous surge of acceleration. The bow barely rose and the big cruiser sped ahead until Johnstone backed off the throttles at about 47 mph, as all five of us on board broke out in big smiles.

The point was that this was not a 30-foot sportboat. It was a full-fledged 53-foot ocean-going yacht equipped with everything you’d need for a week or longer cruise to Maine or the Bahamas (including the standard Seakeeper gyro stabilizer). And you’d be safe along the way. The MJM 53z has an ISO Category A Ocean Certification, attesting to its seaworthiness in some gnarly conditions. The company says the boat is the largest outboard-powered express cruising boat in the world.

We cruised up the bay at 46 mph, when I measured 79 dB(A) at the helm. I drove for a while, and then George Day, my Cruising Odyssey colleague, took over (“I’ve never driven a 50-mph boat before,” he said later.) Mercury tested the boat earlier, hitting a top speed of 51.1 mph at 6,464 rpm with 800 gallons of fuel on board. (See Mercury’s full performance chart with speed, fuel burn and range, below.)

The highlights: at 8.7 mph, the boat burns 10.7 gph, and has a range of 740 miles. At 20.1 mph, it burns 55.2 gph, and has a range of 331 miles. At 42.4 mph, it burns 129.8 gph, and has a range of 297 miles. At 48.6 mph (6,000 rpm), it burns 142.3 gph and has a range of 272 miles.

The numbers only tell part of the story. Throughout the speed range, the MJM 53z provides a quiet, solid and smooth ride. There is no smoke or vibration. The hull performs the way Zurn’s other boats perform, which is to say, very well. Zurn has designed all the MJMs, as well as boats for Lyman-Morse, Derecktor, Vanquish, Shelter Island, C. W. Hood, Bruckmann, Duffy, Williams, Lynx, Hylas, and Billy Joel’s Vendetta  commuter boat, among others.

Zurn’s MJM hull is slender and fuel-efficient, with 18.6 degrees of deadrise at the transom. It slices through the waves while the chine flats direct water outboard, and there’s a touch of Carolina flair forward to keep the boat dry. It’s also light weight, displacing only 33,669 pounds, due to the expertise of Boston BoatWorks, which uses a proprietary epoxy composite pre-preg, oven-cured, vacuum-molding system to create the light, strong and stiff hull.

The boat’s low profile, and long sheerline, add to its beauty, but also to its practicality. With only an air height of 10’7” it can slide under most of the bridges in Florida and along the Great Loop.

“There are two great things about this boat,” Johnstone said, as we headed into Brenton Cove, for a picnic. “Performance and comfort.” We had experienced, the performance; now we enjoyed the comfort.

He used the Skyhook feature to keep the boat in place for a few minutes in the middle of the mooring field there, before we picked up a mooring and shut down the outboards. We relaxed on the aft deck, seated around a glistening teak table, looking out at one of the most beautiful spots in the Northeast. And we enjoyed sandwiches and soft drinks, protected from the overhead sun by an awning stretching out across the aft deck. It doesn’t get much better than this.

The 53z is definitely a cruiser-friendly boat. You walk on through side doors cut into the hull, both port and starboard, leading into the aft deck.  You also can enter via the teak swim platform and transom doors on each side. A luxurious three-person settee is across the transom, facing the teak table, and two occasional chairs are on either side. A wet bar with an ice-maker is forward on the port side, an aft-facing seat on the starboard side.

You can raise the aft half of the deck here by pushing a button under the seat. It raises high to reveal a massive storage space. Another advantage of outpower power, of course, is that it opens up a lot of space inside the boat where the engines, transmission and drive shafts used to be (or the pods, in the case of IPS). The Seakeeper is here, as is the Glendinning Cablemaster that spools up the shore cord at the touch of a button, and an offshore liferaft. And there was still lots of space for a couple of paddleboards, water toys, supplies for a long voyage, whatever.

You walk into the helm deck through a sliding glass door; it’s flush with the aft deck. There are aft windows on both sides; the starboard one slides down at the push of button. As on the 50z, a U-shaped settee on the starboard side (with a high-low table) and a straight one on the port side can convert into berths at night, and the entire area is enclosed and climate-controlled, with windows all around.

Forward, to starboard, the captain has a doublewide Stidd helm seat, facing two Raymarine screens. The large, teak, Edson destroyer-type wheel makes driving easy, while the joystick, mounted on the port side of the helm, makes for fingertip-controlled docking and low-speed maneuvering. The joystick for the bow thruster is on the starboard side.

To port, the navigator has a single Stidd seat, and another Raymarine display. The boat has stainless steel grab rails all around; two are on either side of the teak door leading to the cabin below. The top of the door folds out so it serves as a chart table, easily readable by the captain and navigator, a very nice touch for serious cruisers.

Visibility is excellent all around, as is ventilation. The two front windshields can be power-opened; there are overhead hatches, and the front windows on both sides slide back. You also can open or close the aft glass door or the aft starboard window.

Below, the master stateroom is forward, with classic Herreshoff panels. The island berth is large (a full 7 feet long) and has four storage cabinets underneath. What’s most inviting is a combination desk and dressing table on the port side, with a big, plush reading chair. You can use this as an office or simply a great private space to pull out a good book and relax.

The master head is to port; it’s large and bright with a shower (complete with a seat) behind a glass door. A matching head is to starboard and serves as the day head or the head for the second stateroom, a new – and appealing – addition to the 53z. It’s a full stateroom in its own right, with standing headroom, not an area tucked under the helm or the galley. In this boat it had a queen bed, although you can get it with twins.

As in the master, it too had a big easy chair, next to a table with a lamp (and USB outlet), and it faces a desk. Johnstone was using this stateroom as a fully functioning office; his printer was in a drawer in the table. “There’s not another boat under 60 feet with a second stateroom this size,” he said.

The galley, on the port side, is large enough to support a long cruise or an extended time on board. It’s the same as the galley on the 50z, and it has everything you need, down to the espresso maker in a teak cabinet.

After our picnic, Johnstone again used the joystick to walk the 53-footer back into a crowded dock, making it look easy. The concept of an upscale 53-foot cruising yacht with outboard power had taken hold. “MJM offers yachts that are at the pinnacle of the outboard world,” Johnstone said.

Specs.: LOA: 56’3”; Beam: 15’0”; Draft: Drives up: 27”; Drives down” 35”; Disp.: 33,669 lbs.; Fuel: 910 gals.; Water: 150 gals. Power: 4×400-hp Mercury Verado outboards.

Here are some of the MJM 53z performance specs registered by Mercury Marine:

RPM               MPH               GPH               Range (statute miles)

1,000              6.1                  7.7                  718

2,000              11.0                18.5                540

3,000              15.6                40.7                350

4,000              26.4                72.1                333

5,000              37.3                114.4              297

5,500              42.4                129.8              297

6,000              48.6                142.3              272

Top speed: 51.1 mph at 6,464 rpm.

Acceleration:

0-20 mph: 6.65 seconds

0-30 mph: 11.97 seconds

http://mjmyachts.com

http://zurnyachts.com

http://mercurymarine.com

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Introducing the new MJM 42 Performance Cruising Yacht

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MJM - New Models

Latest MJM Yachts Lineup MJM specializes in the design and construction of inboard and outboard, luxury performance day and cruising yachts, ranging from 35’ to 53’, in a modern Carolina Downeast style. Renowned worldwide, MJM is at the forefront of the industry with its market-leading, post-cured, epoxy-infusion composites that deliver superior strength, reduced weight, enhanced fuel efficiency, and increased speed! These cutting-edge composites provide a smoother and quieter ride, a safer and more stable lower center of gravity, and a more robust overall feel. Designed for all-weather/all-conditions capability, each model showcases a unique indoor/outdoor pilothouse, a sleek flush-deck layout, and easy operation and maintenance.

2024 MJM 35

2024 MJM 4 Diesel

2024 MJM 42

Brett Lyall A lifelong, passionate boater, Brett brings 26 years of sailing and 18 years of powerboat knowledge to the McMichael team. His background includes Environmental engineering and consulting, along with 7 years of sales and marketing experience in the luxury market. In addition to being an avid fisherman, surfer, and scuba diver, he is a sailing coach and has crewed extensively offshore on a variety of boats from J109, J105, J99 and 112E to a Gunboat 57. His knowledge of all things boating related is second only to his reputation for exceptional customer service and professionalism.

Doug Conner Doug’s life-long love of all things nautical naturally led him to pursue a career in luxury yacht brokerage. His professional background in sales and marketing, combined with his overall experience in and passion for the yachting industry, makes him a valuable asset to his clients for sail and power boats. Doug is committed to providing his clients with honest, professional, knowledgeable, and personal service.

Myles McQuone Myles is a licensed captain from age 18. He is a third Generation Merchant Mariner, operating boats runs deep in his family. Myles has held multiple roles within the marine industry between Marine Towing and Salvage, Marine Technician and Marine Service Manager. Myles’ focus has always had the customers best interest in mind; expect the same attention while consulting with Myles.

Ethan Morawski Ethan grew up in Fairfield CT and has been sailing for 13 years and powerboating for 10 years all over Long Island Sound. He has worked in the marine industry since High School and has an excellent reputation for superb customer service, seamanship, and attention to details. He is a graduate of Bryant University in RI.

Position Title: Boat Yard Crew Member Position Type: Full-time Experience level:  2-3 years preferred

Reports to: Service Manager

Job Description and Summary: In this position you will work alongside a team of supportive and experienced marine industry professionals. Your primary role will be to support the efficient daily operations of the McMichael yacht yard and the satisfaction of our customers.

This will include a variety of functions and tasks including basic property maintenance, launch and recovery of boats, cleaning, crane and forklift operations, blocking boats, and winter storage and other relevant duties as assigned.

Core Skills:

• Ability to clearly understand instructions and complete tasks accordingly
• Mechanically inclined
• Able to lift and reposition equipment, tools, and materials
• Basic boat operations – power and sail (will train)
• Strong communication skills, verbal and written
• Focus on customer satisfaction
• Proactive mindset
• Able to work unsupervised
• Ability to collaboratively work well with other team members

Responsibilities:

• Support of daily operations
• Support clients boating activities, prepping boats, fueling, etc.
• Safe operation of company vehicles, forklifts, and equipment, including trailer handling
• Haul, block and launch boats
• Boat cleaning and detailing
• Bottom paint and waxing boats
• Dock and marina area maintenance
• Shrink wrapping
• Repositioning boats

The ideal candidate is someone who will enjoy the nautical environment of the boatyard, which includes being around boats and being on the water. They will have at least two to three years of experience at a previous boat yard or yacht club. Their background will include a familiarity with boats. They will be someone who enjoys the boating lifestyle and enjoys working outdoors. They value working in a team and being part of a family-owned organization an enhancing part of the local community. We encourage you to apply if you do not have the experience but are dedicated to building a career in the marine industry.

What does a typical workday look like? A typical morning could involve arriving and immediately removing covers, prepping several boats to be launched and readied for use by their clients. You could find yourself assisting with changing a large tire on a trailer or rigging and craning a boat onto a truck for transportation. Daily activities will also include basic maintenance of the boatyard facilities which includes painting, building repair, emptying garbage, and cleaning, as well as assisting technicians with boat maintenance.

Salary range: $15 – $30

Email: [email protected]

https://vimeo.com/758079548

Position Title: Fiberglass / GelCoat Technician Position Type: Full-time Experience level:  2-3 years preferred

Job Description and Summary: In this position you will work alongside a team of supportive and experienced marine industry professionals. Your primary role will be fiberglass and gel-coat repair work on sailboats and powerboats. The fiberglass work will include everything from small parts repair to structural repair and rebuilds. The gelcoat work will be similarly inclusive and will also involve spaying hull bottoms and topsides with boat bottom paint and gelcoat.

• Working with vinylester, polyester, and epoxy resins
• Experience working with various coring materials
• Knowledge of gelcoat matching and application
• Cutting, grinding and finish sanding
• Visually spot imperfections in all parts
• Use of buffers, DA’s, pencil grinders etc.
• Finish buffing and polishing
• Exceptional paint rolling and spraying finishing
• Proactive mindset and able to work unsupervised
• Complete fiberglass and composite repair work to the highest possible standards
• Spray gelcoat, clear coat, and metal flake consistently and evenly to desired thickness
• Getting the customer back on the water with a safe operating boat
• Ensuring all repair work structurally and visually exceeds expectations
• Lifting heaving objects
• Assisting the entire service teams with various tasks

The ideal candidate is someone who will enjoy the nautical environment of the boatyard, which includes being around boats and being on the water. They will have at least two to three years of experience in fiberglass and composites fabrication or repair as well as experience with painting and gelcoat work or similar skill sets. Their background will include a familiarity with boats and enjoy delivering exceptional finish work. They will be someone who appreciates the boating lifestyle and working sail and powerboats. We are looking for a person who values working in a team and being part of a family-owned organization that is a respected part of the local community.

Salary and benefits: $50 – 70k, Medical, 401K

Position Title: Marine Service Mechanic Position Type: Full-time Experience level:  2-3 years preferred. Certifications Preferred. Equal skills and high motivation also accepted.

Job Description and Summary: In this position you will work alongside a team of supportive and experienced marine industry professionals. Your primary role will be engine maintenance and repairs for both gas and diesel engine systems as well as service and repair work on a variety of other boat system. A large part of this position will include troubleshooting, engine and drive preventative maintenance, emergency repairs at the yard or at the location of the boat needing service. You will be working on inboard and outboard systems and interacting and communicating with our boaters, so a focus on customer service is an important skill. Certification not initial required but is a plus.

• Effective and knowledgeable mechanic
• Problem solving – engines, drives, control systems and electrical
• Mechanical and electrical troubleshooting
• Engine rebuilds, 12v DC systems, machining work
• Gas and diesel engine/generator operations
• Wiring and soldering
• Performing maintenance and repairs safely and quickly
• Have your own set of tools
• Performing functionality checks on engines and systems
• Basic boat operations

The ideal candidate is someone who will enjoy the nautical environment of the boatyard, which includes being around boats and being on the water. They will have at least two to three years of experience as a marine service technician, automotive mechanic, Gen Tech, or similar skill sets. Their background will include a familiarity with boats and enjoy solving mechanical and systems issues. They will be someone who enjoys the boating lifestyle and working outdoors. They value working in a team and being part of a family-owned organization an enhancing part of the local community. We encourage you to apply if you do not have the experience but are dedicated to building a career in the marine service industry.

Salary and benefits: $60 – 80k, Medical, 401K

Position Title: Yacht Sales Consultant Position Type: Full-time Experience level:  2-3 years preferred

Reports to: Sales Manager

Job Description and Summary: In this position you will work alongside the McMichael Sales Team to consult with our client boaters, guiding them to find and purchase the best yacht for their modern boating needs. You will work with an experienced team that specializes in premium racing and sailing yachts, as well as high-performance inboard and outboard day and cruising power yachts. You will work with existing clients as well as being responsible for identifying, nurturing, and closing new clients. You will cultivate relationships with our clients and their families that demonstrate the highest degree of professionalism for the McMichael brand. You will be supported by the team to help you locate, acquire, and nurture prospective new client boaters. You will be a part of a sales and service team that caters to the all-encompassing boating needs of the McMichael community of boaters.

• Active listening
• Conveying key features and distinguishing selling points of a given boat model
• Ability to close high-value sales from $500k – $3M
• Prospect farming
• Excellent negotiating skills
• Influencing with content through digital and social media tools
• Consulting with and guiding clients effectively
• Proactive mindset that fosters successful unsupervised work
• Ability to work collaboratively with other team members
• Close deals on new yacht sales
• Deliver world class service in the form of professionalism, knowledge, and customer service
• Acquire and develop prospects into leads, then into new boat sales
• Attend boat shows and events to meet with and engage boaters
• Use digital and social media tools to engage with boaters
• Secure used boat listings
• Close used boat sales
• Guide boaters through the research, selection, specification, closing, delivery, and commissioning process
• Work with the Sales Team to constantly increase brand and model knowledge
• Influence your client boaters to choose McMichael Yards for their boat servicing and storage needs

The ideal candidate is someone who will enjoy the nautical/boating lifestyle and has grown up around boats. They will have previous experience selling in the corporate environment, in addition to a strong boating background and several years of selling yachts over 30 feet and over $500K. They will be an excellent communicator who is able to convey information clearly and concisely. They will be motivated to constantly learn more and achieve more regarding new boats and sales goals. They will be a person who can collaborate with all the members of the sales team to find creative solutions to barriers and issues.

Experience Level Experienced as a sail or power boater or similar industry background 2-3 years preferred

Salary and benefits: Base of $50 – $70k, commissions, Medical, 401K

John Glynn John brings to McMichael more than three decades of sailing, boating and sales experience. In addition to his time at BEYC, Glynn’s resume includes years as an Associate Editor (and Contributing Editor) for Sailing World magazine, where he was part of the team that created both the “Boat of the Year” awards and the NOOD Regattas. Over the years he has raced aboard C&C 40s, New York 36s, J/35s, Express 37s and Farr 40s, as well as his own J/30 and Soverel 33 Grey Seal. He boats with his family out of Captain Harbor in Greenwich, CT.

“John brings a wealth of experience as a racer, boat owner and industry professional,” said Michael Beers, McMichael Sales Manager. “He will be a fantastic resource for his clients in buying and selling boats. We’re proud to have him on our team, and his background will help us continue to fulfill our motto, ‘Experience Counts!’”

“I’ve been fortunate enough to spend my career in and around the sailing and boating community, enabling me to love the various jobs I’ve held,” said Glynn. “In joining McMichael Yacht Brokers I’ve found another fresh, new outlet from which to apply my knowledge of and passion for yachting. Moreover, I’m able to do that while working in the company of some of the finest yacht brokers in the business. It is my hope to bring to my brokerage customers a sense of confidence and satisfaction as they make yacht transactions, both from the buyer’s and seller’s sides.”

Cameron Campbell Cameron has been boating his entire life, starting as a toddler on Great South Bay on Long Island. He grew up in Connecticut and spent every summer on Long Island Sound. In college he was a member of the University of Rhode Island Sailing Team and also ran operations at the URI Waterfront Center. After college he was an ASA Sailing Instructor at the New York Sailing School on City Island and then for Olympic Circle Sailing on San Francisco Bay. He participated in many regattas on both coasts in both small and large boats. He owned a Sabre for many years which he cruised from Annapolis to Maine. Cameron also has experience with power boats ranging from center consoles though larger cruisers.

Cameron has been working with clients preparing for Bermuda races, extensive blue water cruising, and many that are new to boating.

Rick Fleig Rick grew up on Long Island spending many years sailing on the Sound in everything from J/22′s to J/105′s, Custom C&C 41′s and many other boats, competing in all the major Northeast events. This experience and passion for sailing led him on a path to sail in the 1987 America’s Cup in Perth, Australia with both the Courageous and USA Syndicates. He has sailed in many major international regattas, including the Swan World Championships in Sardinia, the World 6 Meter Championships in Portofino, Italy, and several Newport Bermuda races.

Rick combines his extensive sailing background with both the marine and sports industry, having worked as a regional sales manager at SunfishLaser and Vanguard Sailboats, and prior to that as a regional sales representative with sporting goods giant Nike. He believes that building relationships and understanding the clients’ needs are essential in helping customers have a great experience with their boats. He works out of the McMichael Yacht Broker’s Newport office at the Newport Shipyard.

Rick resides in Portsmouth, RI, with his family, having fallen in love with the Newport area during his many sailing events there. He recently retired as the director/coach of the Portsmouth High School Sailing Team after many years, and along with his wife, Carline, now enjoys his time proudly following their youngest son, Tyler, who just finished his second year at the US Naval Academy. Tyler is a very accomplished sailor himself, and a member of the nationally ranked USNA dinghy sailing team. Rick is a member of Sail Newport and can be seen racing many weeknights and weekends in all the local events in a variety of boats.

Michael Beers Michael is a licensed captain and active racer who began his sailing career in Boston on the Charles River. As someone who did not grow up sailing, he especially enjoys introducing new boaters to the sport. Michael has a proven track record of working tirelessly for his clients, and enjoys working directly with buyers to identify the best possible “next boat” from the many options available. He is an active racer, recently racing in the J/70 fleet at Quantum Key West Race Week and aboard the J/130 Dragonly in the 2012 Newport Bermuda Race.

Prior to joining McMichael in 2007, he captained the 80′ schooner Adirondack II in Newport, RI and was an instructor at Offshore Sailing. In his free time, he enjoys cruising his Sabre.

Todd Williams Todd started sailing on his family’s cruising boat before his memory serves. His love of racing was cultivated through sailing Blue Jays and Lasers in Pequot Yacht Club’s junior program.  Since then he has actively raced in the J105 fleet, J109 fleet, and helped form the J122 class. He also developed and helped launch the LIS IRC 35 class.  Todd is an experienced distance sailor and was involved with winning the Vineyard race class and IRC overall aboard the J122 Partnership.  

Todd enjoys using his extensive knowledge of boating to find his clients the boat that best suits their needs.  He is dedicated to providing the best possible service to all his customers.  Todd can often be found racing with clients and helping them build their racing programs. Through the years, he has custom built many J/Boats, Alerions, and MJM power boats for clients, many of whom he now considers personal friends.

During the winter season you may spot the Williams family on the slopes at Okemo where they have a ski house.

Andy Kaplan Starting October 4, Andrew (Andy) Kaplan has joined the brokerage team at McMichael Yacht Yards & Brokers. The addition increases the McMichael roster to seven full-time yacht brokers serving customers up and down the east coast with a concentration on the Long Island Sound and Narragansett Bay. He will work primarily out of the McMichael Mamaroneck, NY, office as well as Martha’s Vineyard.

“Andy is bringing to McMichael a lifetime of experience in sail and power boating with a keen focus in the sailboat racing world,” said McMichael President Steve Leicht. “His broad familiarity with offshore and one-design sailboats combined with his powerboating experience makes him an ideal addition to our brokerage team.”

Kaplan spent the majority of his career in finance including helping create the Quattro Global Capital, LLC where he was a principal and head of operation and marketing. “I believe that my financial sales and management experience is a great asset as I transition to yacht brokerage,” noted Kaplan. “While they are different industries, to succeed in either you need similar disciplines when matching buyers with the right product. That’s what creates and maintains long term customer relationships.”

Kaplan grew-up in Mamaroneck and has been a member of the Larchmont Yacht Club for over 30 years where he has been active in the Club’s leadership. He lives in New Rochelle, NY, and on Martha’s Vineyard, MA.

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Saothair Goes Cruising with MJM Yachts

Mjm is a designer and builder of carolina downeast-style luxury yachts used in sportfishing, cruising, and entertaining, mjm's yachts include inboard or outboard diesel engines, spacious cockpits, and an enclosed cabin or pilothouse for comfort in various weather conditions., source: mjm yachts.

• By John McNulty
• September 7, 2023

MJM is a designer and builder of high-performance Carolina Downeast-style luxury yachts. Carolina Downeast-style boats are a classic type of recreational boat originating from the New England and Atlantic Canadian regions. These boats – used for sportfishing, cruising, and entertaining – typically feature a single inboard diesel engine, spacious cockpits, and often have an enclosed cabin or pilothouse for comfort in various weather conditions.

MJM was founded in 2002 by Robert Johnstone and is based in Washington, North Carolina. Peter Johnstone , who has led MJM since 2019, will serve as the president and chief executive officer of Seolta.

“In 2021, we started our own manufacturing and developed leading high-tech production processes,” said Mr. Johnstone. “Sales doubled, and demand continues to grow. Our mission is to deliver MJM customers their fondest shared adventures, regardless of conditions.”

Saothair was co-founded in November 2019 by former KPS Capital Partners’ professional Kevin Madden and Richard Lozyniak , a former CEO of three KPS portfolio companies. The firm is headquartered near Philadelphia in Radnor, Pennsylvania.

“Our investment behind Peter and the entire team will provide the company with the capital necessary to grow the business and build the MJM brand aggressively,” said Mr. Lozyniak.

“Market-leading yachts result from terrific people. We thank our dealer network, loyal owners, industry vendors and dedicated workforce. Rich and Kevin will further strengthen the team that is committed to our success. Seolta’s support will fuel MJM’s ascent further. I am thrilled to be able to bring MJM to the next level,” added Mr. Johnstone.

Los Angeles-based SierraConstellation Partners was the financial advisor to MJM Yachts.

© 2023 Private Equity Professional | September 7, 2023

KLH Continues the Build of Thorpe Specialty Services

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The MJM 50z

Timeless design.

The MJM 50z is an eco-smart game changer featuring advanced composite construction, an innovative layout and the latest stabilizing technology. Her stronger, lightweight epoxy construction results in a very low vertical center of gravity. That translates into greater stability, ISO-certified Category A seaworthiness, and an impressively comfortable ride. MJM 50z was the first motoryacht worldwide to offer the “no roll” Seakeeper Gyrostabilizer as standard equipment. Adding further to comfort and livability: Her flush-deck layout from cockpit to helm combined with side boarding doors at floating dock height eliminates the many up-downs and boarding access challenges of other yachts.

You want to look at your boat with pride and know you own a work of art. A boat that draws compliments on entering the harbor—not a “here today and gone tomorrow” styling. That’s why Doug Zurn was chosen as the designer. He has the best eye in the business and created the Shelter Island 38 for singer Billy Joel. A U.S. design patent protects that unique MJM signature look. There are other important benefits of the 50z’s sleek profile: Lower bridge clearance, greater stability for seaworthiness, faster hose-down after use, less windage and easier trucking overland.

50z Distinctions

• ISO certified category "A" ocean
• Innovative layout and design
• Advanced Epoxy, Eglass, Kevlar composite construction
• Seakeeper gyrostabilizer standard
• Flush deck with side access doors
• All-weather pilothouse comfort
• Fully-opening powered windshields

Key Features

• 50 GPH @ 35 knot cruising speed
• Volvo Penta IPS docking
• Seakeeper Gyro standard

Accommodations Versatility

The MJM Yachts 50z is an innovative luxury cruising yacht. One of her most distinguishing features is the versatility of her layout.

Advanced Manufacturing and Materials

The quality of construction is one of the fundamentals that set MJM Yachts apart as the finest in its class.

Principal Dimensions

• Length Overall w / Swim Platform & Bow Roller 54' 9''
• Length on Deck 50'
• Draft Twin IPS 2' 11-1/2"
• Deadrise/Transom 18.6°
• Fuel Capacity 534 gal
• Standard Power Twin 435hp IPS 600
• Optional Power Triple 435hp IPS 600
• Displacement 1/2 Load 32,850 lb
• Weight Capacity 7,172 lb
• Max Headroom 6‘ 6“
• Max Persons 30
• Water Capacity 150 gal
• Air Height (w/Radar) 10’ 6-1/2”
• Range @ 7.8 kts 1,451 nm

Schedule A Sea Trial

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Pamlico Yachtworks Department: Accounting Position: CFO

Pamlico Yachtworks seeks CFO well-versed in all aspects of financial management ranging from simple accounting to broad investment and banking operations.

Key attributes for candidates:

• High-plant-touch orientation
• High technical financial, accounting and tax expertise, along with
• Exceptional “affability/teaming” attributes, in
• Complex, mid-tier manufacturing environments

Employee Duties & Responsibilities

• monthly/periodic financial reports and analyses.
• projections and budgets
• reconciliation with requisite supporting information for accurate presentation of the financial reports.
• Oversees the accounting function (accounting, accounts payable and payroll) and billing and collections functions of the organization.
• forecasting cash flows and operating results
• presenting financial and other information to the leadership team and the Board of Directors.

Requirements and skills

• Proven experience as CFO, finance officer or relevant role
• In depth knowledge of corporate financial law and risk management practices
• Excellent knowledge of data analysis and forecasting methods
• Proficient in the use of MS Office, MS Excel, QuickBooks, ERP and financial management software
• CPA is a strong advantage
• BSc/BA in Accounting, Finance or relevant field; MSc/MBA is a plus

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