hurricane damaged catamarans for sale

Buying a Boat

How The Moorings Is Repairing Hurricane Damaged Boats

Boat Buying Process

As many of you know, Hurricane IRMA was the most powerful Atlantic hurricane in recorded history. This Category 5 storm had winds in excess of 180 mph and ripped through the Moorings & Sunsail bases in Oyster Pond, St. Martin and Tortola, B.V.I. leaving devastation in its path. 

Catamarans and monohulls lost to Hurricanes

We finally got the numbers and facts together and thought that it would be a good time to share with our community to make sure that everyone is informed and to set the record straight.

In total the Moorings and Sunsail fleets had 179 yachts and counting that were deemed a Constructive Total Loss (CTL) or Total Loss (TL) by our underwriter.  All of these CTL/TL’s were sold off by our underwriter, and The Moorings/Sunsail Brokerage had nothing to do with these sales.  The rest of the fleet was deemed “Repairable” so the long task started to find quality GRP workers from around the globe to fly into Tortola to begin the repair process. 

Repairing the yachts and opening for business

The Moorings & Sunsail own the boatyard called Tortola Yacht Services (TYS) which is directly across from the base.  Because of this we were able to get the repair process started quickly, and The Moorings quickly reopened the Tortola charter operations a mere three months after the storm.  Before operations started to repair the boats they opted to employ a 3 rd party surveyor to do an initial damage assessment, track the repair process, and then do a final sign off once completed.  Since the storm, the Tortola base has employed over 153 experienced and skilled contractors with a range of expertise from GRP, to joinery, to mechanical to work through the yachts repair schedules, and to date they have repaired 200+ yachts and counting.

Safety and superior service 

During the repair process we employed third party accredited marine surveyors to be involved with the repair from start to finish.  Also, the equipment on these yachts is being replaced with new equipment where needed even on yachts leaving the fleet.  Because of our direct relationship with the builders we were able to jointly plan a repair methodology and put together a repair schedule.  The Leopard Catamarans have been repaired to Robertson and Caine’s factory spec, and the same goes for the Beneteau & Jeanneau monohulls.  In many cases they are now stronger than they were when new, and no shortcuts were taken along the way.  When the boats were hauled if there was more damage found than initially was noted a surveyor was called out to re-assess, and then the repair methodology confirmed and then the work continued on.   Since the Moorings/Sunsail bases have vast resources we were able to take on a project of this size that still continues to this day. 

What does repairable mean for warranty?

As we start to see some of these “Repairable” boats come back to the market we anticipate to have to fight against very low prices on the refurbished CTL/TL Leopards which will impact the resale value of other “Repairable” boats as well as boats that were never effected by the hurricane.  I had a chance to speak to Peter Robertson with Robertson and Caine regarding their obligation concerning the CTL/TL’s that are being sold off by our underwriter and this was his response.

“We have no obligation to vessels classified as total loss or constructive total loss.  The warranty is void and all claims must be referred to the repair contractor.  The declaration of conformity (CE Certificate) is only valid for the original sale between R&C and the first owner.

Besides this, when we get inquiries from people who have either bought or are planning to buy these CTL/TL boats we always point out to them that they are buying a boat deemed to be irreparable into a good and seaworthy state.  We refuse to give them repair advice, procedures, etc. and also don’t give them any technical drawings or other advice.  The only thing we’ll give them is a copy of the original Owner’s Manual as long as the client shows a copy of the BOS for that HIN in their name.  We also are able to sell them certain spare parts that aren’t readily available e.g. stainless steel parts specific for Leopards is the most common request.”

Research your yacht before you buy it

What the Marina Manufacturers Association says

Recently Robertson and Caine’s Quality Assurance Manager, Dieter Roux, released the advisory below after meeting with both the National Marine Manufacturers Association (NMMA) and CE bodies. 

Vessels Classified as Total Loss or Constructive Total Loss:

All Leopard Catamarans manufactured by Robertson and Caine (Pty) Ltd are built to the standards set out in the relevant Recreational Craft Directive and US Coast Guard regulations stipulated in the ABYC Standards. Vessels are issued with EC Type Examination Certificates by the International Marine Certification Institute (IMCI) and, since 2010, a NMMA Certificate.

Builders Certificates and Declarations of Conformity are issued to every vessel and is only valid at the moment the vessel is sold to the first retail purchaser in ex-factory condition.  Vessels classified as total loss or constructive total loss may no longer conform to the Recreational Craft (EC Type Examination Certificate) and/or US Coast Guard regulations (NMMA Certificate).

Robertson and Caine (Pty) Ltd or any representative cannot be held liable for any claims against a vessel classified as total loss or constructive total loss by an insurer.  Vessels classified as total loss or constructive total loss retain the registered hull identification number (HIN) and the manufacturers identification code (MIC).

Have a purchase plan and cash

Another concern with these boats is that most banks will not loan on a boat with any significant repaired hurricane damage, much less a CTL/TL.  Therefore, any potential buyer would most likely have to pay for the yacht in cash.  Plus all yacht insurance policies have the implied warranty that the vessel must remain seaworthy at all times.  If an owner knows that a vessel was previously a CTL/TL then they must declare this to a carrier. If the carrier decides they want to accept the risk knowing that the vessel was a CTL/TL, then they should be covered.  Unfortunately, most carriers won’t accept these risks.  The danger is that someone might buy one of these boats and not know that the vessel was a CTL/TL prior to the repairs.  Subsequently, if the new owners have a claim large enough the carrier would then do their research and find out that the vessel was a CTL/TL and they could declare that the vessel was not seaworthy which would void the policy.

The Moorings Brokerage is always here to help you

In the end we all just want to enjoy a day on the water without having to deal with boat problems.  Though it’s inevitable that every boat has its own kinks that need to be worked out, we want to make sure that both buyers and brokers do their due diligence prior to purchase so their mind can be at ease.  We recommend all buyer’s work with a licensed and bonded Yacht Broker as well as a reputable surveyor for their sale/purchase transaction.  The catamaran community is a very small community, so if you work with a broker in the know they will look after your best interest and guide you through the waves of purchasing a boat.  As always, if we can be of any assistance, please don’t hesitate to reach out to us directly.

Patrick Oreilly

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The Moorings Yacht Brokerage

850 NE 3rd St #201, Dania Beach, FL 33004

800-850-4081 / 954-925-4150

[email protected]

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Sailing our hurricane damaged Lagoon 450 around the world. Follow along for the Journey!

Parlay Revival is a Sailing YouTube Channel that tells a story of perseverance and hard work. Colin MacRae, from New Zealand, spent his life savings from a 10 year career as a superyacht engineer to buy a hurricane damaged Lagoon 450 catamaran. Him and his friends from all over the world spent months fixing her up and are now sailing around the world!

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• Make : Lagoon
• Model : 450
• Vessel Name : Lucky
• Model Year : 2012
• Length : 45 (ft)

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2012 450 Lagoon 45′ (Lucky)

Location: Harbor Shoppers, St. Thomas, USVI View in Google Maps

Vessel Information:

It was damaged in hurricane Irma in 2017

Lucky – Lagoon 450 is a 3 Head version Lagoon. It was first built in 2012 by the very renowned boat builders ‘Lagoon’. 2012 Lagoon 450 is well-equipped for comfort and long distance cruising. It is 45-foot boat having a beam of 25′ 9″ and offers an extensive range of options and the upgrades are best for any sailing condition. The Lagoon 450 has innovative and spacious interiors and solid exteriors.

The generator was recently installed.

No mast. Also, there is some glasswork that needs to be done. Also, all the rig is gone.  The engines were pulled and need to be replaced.

BASIC DETAILS:

MAKE: Lagoon MODEL: 450 BOAT NAME: Lucky LENGTH: 45′ YEAR: 2012 CATEGORY: Sail CONDITION: Good WHERE IS THE VESSEL REGISTERED:

MEASUREMENTS:

LOA: 45′10″ BEAM: 25′9″ DRAFT: 4′ 3″

DRY WEIGHT: 37265 Lb

DISPLACEMENT: 26791 Lb

FUEL TYPE: Diesel FUEL CAPACITY: 264 gal FRESH WATER CAPACITY: 92 gal HOW MANY HEADS: 3 BERTHS: HOW MANY CABINS: 3 HOW MANY SINGLE BERTHS: 1 HOW MANY DOUBLE BERTHS: MAXIMUM PASSENGERS: 12

Sail Drive: Partially Damaged

Cabin 1: Partially Damaged Cabin 2: Partially Damaged Cabin 3: Partially Damaged Cabin 4: Partially Damaged

Other Items:

Needs Salvage At Buyers Expense: No Needs Major Repair: Yes Includes A Dinghy: No

Terms Of The Sale: This is a private boat for sale., This vessel has been declared a Constructive Total Loss (CTL) by the involved underwriters. The winning bidder will be provided with a chain of title and a bill of sale.

This sale is strictly on an “as is, where is” basis. The Seller makes no warranties, express or implied, in connection with the Assets or its sale of the same to the Buyer. Without limiting the generality of the foregoing, the Seller and their agents, partners, clients other involved parties hereby DISCLAIM ANY WARRANTY OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE with respect to the Assets or its sale of the same to the Buyer. For more information on the rules of each sale please visit https://harborshoppers.com/legal/.

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Antigua - Boat Inventory

Located at: Antigua and Barbuda Point Crabbs Peninsula – Coordinates 17.1252° N, 61.7560° W

We are marketing the Salvage of Power Catamarans, Catamarans, and Monohulls.

All the vessels are located at: North Sound Marina.

Make sure every individual has a printed and signed Release Form. You can generate a release form by clicking “Viewing Instructions” in the details page of the boat you are interested in. Only one form is needed per person to view all the boats).

For any questions regarding this lot of Vessels please read the Antigua FAQ or call the broker listed for the boat you are interested.

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Useful Information

FAQs  |  Used Boat Buying Guide  | Handback Guidelines

Buying through the moorings yacht brokerage can save you the time of locating available boats and in doing comparative studies of prices on the market. our brokers act on your behalf during the entire transaction, and have more knowledge of what boats are available than you could find on your own..

We are members of a recognized broker's association: FYBA (Florida Yacht Broker Association). This organization has a strict code of ethics that their members must abide by.

It's recommended you stay with one broker once you find one you are comfortable with, rather than contact others. Not only will he or she put more time and effort into finding you the right boat, but he or she will also share a profound knowledge of virtually every comparable boat on the market. Ultimately, the use of our brokerage office which specializes in pre-owned Beneteau, Jeanneau, and Leopard Catamarans, can save you time, money and innumerable hours of frustration. We help you through the comprehensive process of finding a boat, drawing up a contract, making a deposit, undertaking a marine survey and sea trial, documenting the boat and closing the transaction.

Our Used Boat Buying Guide , Handback Guidelines  and Brokerage FAQs  can help answer questions you may have about the used boat buying process, or about working with our brokerage house.

The Moorings Yacht Brokerage

850 NE 3rd St #201, Dania Beach, FL 33004

800-850-4081 / 954-925-4150

[email protected]

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