Four Winns Debuts Their First Power Catamaran

TH36 – Four Winns Entering the Power Catamaran Market

This TH36 model is the first of its kind to be released by the Four Winns company. Their entry into the power catamaran market has just begun. The teamwork between the Italian and French partners is evident in this design. With the goal of appealing to its target demographic, the catamaran is made to be functional and livable. To challenge the monopoly of one firm providing America with one brand of 36-foot catamarans, they are releasing this innovative TH36.

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(Source: Discontinued Decals)

More On the Four Winns Power Catamaran

Twin outboard motors with 300 hp each will be standard on the TH36, with twin Mercury Verados with 350 horsepower available as an upgrade. All power options feature joystick docking control. In order to give the TH36 a unique appearance on the water, Four Winns worked with the Italian design studio Garroni Design. The business and French naval architect and catamaran expert Marc Lombard collaborated to create the TH36’s smart and effective hull form. This boat is the first of a series that will flawlessly fit in with the Four Winns brand.

From watersports to cruising, from lake to salt waters, we want every boater to enjoy the Four Winns refinement, and benefit from our new technologies.

Four Winns brand director, Nick Harvey

TH36 Features

These are just a few of the highlights of this spectacular new build by Four Winns. In the coming years, it will be interesting to see how they develop and innovate with this power catamaran.

  • Spacious bow seating
  • Full beam hardtop
  • Distinctive glass helm
  • Full galley
    • complete with a sink, refrigerator, and optional electric cooktop
  • Two suites furnished with a full-size bed
    • Storage cabinets
    • Privacy blinds
    • Closets
  • Private heads with a separate enclosed shower
  • & MORE!
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(Source: YachtingArt)

Specs of the TH36

Length: 11.71 m

Beam: 4.47 m

Draft: 0.98 m

Fuel Capacity: 245 gallons

Max. Passenger Capacity: 12 people

Cabins: 1

Berths for Guest: 2

Engines: Outboard twin 300hp from Yamaha or Mercury

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(Source: YachtingArt)

Wilmington Boat Show

Once more, it’s that time of year, and the 2022 Wilmington Boat Show is well underway. Come one, come all to the location of our headquarters for the neighborhood boat show. This year’s exhibit features an interactive indoor/outdoor component for everyone to enjoy. You may enter many sweepstakes to win fantastic prizes, possibly even a 12-person inflatable raft. There are also seminars in the Wilmington Fishing Expo section of the event if you are more interested in the informational side of boats.

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(Source: Nested Photography)

Where to find us?

When you enter the Wilmington Convention Center, Off the Hook Yachts will be set up in the second large convention room on the right. We are set up adjacent to Azure Funding at booth #30. Visit us to find out more about the services we offer.

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Location and Time of Show

Wilmington Convention Center, Cape Fear Community College Wilson Lot, Front Street, Nutt Street

10 Convention Center Dr, Wilmington, NC 28401

Friday, September 30, 2022: Noon to 6 PM

Saturday, October 1, 2022: 10 AM to 6 PM

Sunday, October 2, 2022: 10 AM to 5 PM

Admission to The Show

Admission (13-64) – $10
Two-Day Pass – $15
Seniors (65 & Up) – $8
Military – $8
Children (4-12) – $5
Children 3 & Under – Free

Skip the line at the box office and purchase your tickets here.

Map of the 2022 Wilmington Boat Show

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(Source: WilmingtonBoatShow.com)

Parking

Depending on whether you are in attendance or a visitor, parking will vary. Here on the website, there will be links to all of the parking information. It would be wise to plan ahead and arrive early to determine parking or a water taxi to the event. The nearest parking location to the concert is at the local community college of Cape Fear, which offers a parking deck with paid parking. Be aware that this option has a limited number of places.

Outboards With a Microplastic Collection Device

Suzuki has begun production of the world’s first outboard motor that collects microplastic pieces in the ocean as it runs. The initiative to develop such a design for their motors is a part of Suzuki’s Clean Ocean Project. Five mid-size outboard motors with this attachment are being made at the moment. Worldwide shipments of the engines will be made, notably to important markets in North America and Europe. “Since 2010, Suzuki Motor Corporation has been voluntarily conducting the ‘Clean-up the World Campaign’ essentially a collection of organised clean-up activities in seas, rivers, lakes, and ponds where the outboard motors are used” (www.suzukimarine.com/clean-ocean-project).

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(Source: www.suzuki.com)

How Does It Work?

Select Suzuki outboard models with 40 hp and more are said to have the device installed under the cowling, and installation is said to be simple. The device filters water after it has pass through the engines cooling system before it is returned to the ocean. According to Suzuki, the system’s design ensures that it has no negative effects on the engine’s cooling capacity or performance while driving.

Is It Effective?

The device successfully collected microplastics in the oceans after extensive testing in Japan. Further improvements will be made based on more findings after continued use. The filtering system has already shown that it can capture many different types of microparticle pollution, including urethane, nylon, and wood chips, among other things.

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(Source: Hakai Magazine)

The Dangers of Microplastics

The risks that these tiny pieces of debris, commonly known as microplastics, pose to fish, marine animals, and other aquatic life are well known to marine biologists and the scientific community. This is a problem that extends beyond national borders and is negatively affecting our oceans. It will need a collaborative effort from the business sector, the scientific community, and outdoor enthusiasts from all over the world to solve this issue. The Suzuki outboards that collect microplastics are a huge step in the positive direction to helping conserve oceans.

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(Source: Wikimedia Commons)

Overview of SUZUKI CLEAN OCEAN PROJECT

1.  Clean-Up the World Campaign

A volunteer waterside clean-up campaign by Suzuki Group employees and partners, conducted from 2011. Until March 2022, 53 distributors and more than 10,000 people worldwide have participated in total. From this year we will expand and further continue the campaign.

2.  Reduce plastic packaging

Suzuki aims to reduce the plastic packaging for outboard motors and genuine parts, under the keywords “1) Can we stop using it? 2) Can we reduce the amount? 3) Can we replace it with materials of less environmental impact?”. Since its start in October 2020, we have avoided using over 11t in plastic packaging. We aim to further reduce plastics in 2022 by increasing the number of applicable products and genuine parts.

3.  Collect marine-plastic waste (equipment of the Micro-Plastic Collecting Device)

Suzuki aims for the further improvement of marine environment and the realization of a sustainable society, by promoting the SUZUKI CLEAN OCEAN PROJECT, along with our customers all over the world.

www.suzukimarine.com/news

NauticStar Acquired by Iconic Marine Group

The acquisition of NauticStar by Iconic Marine Group has been officially announced by the company MasterCraft. IMG wants to continue operating NauticStar as usual while eliminating any liabilities with the acquisition. With the release of MasterCraft’s annual 2022 financial report, which showed MasterCraft reported consolidated net sales of $707.9 million, the company underwent this shift. According to IBI, the increases were attributed to a combination of higher unit volumes, a favorable model mix, and increased selling prices. This represents a 34.6% year-over-year revenue increase. Both businesses will benefit from a bright future following MasterCraft sells NauticStar.

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MasterCraft Sells NauticStar

CEO of MasterCraft

“The sale of the NauticStar business to Iconic Marine Group will better position MasterCraft to drive profitable growth. I am confident that focusing on our MasterCraft, Crest and Aviara brands will drive enhanced value for MasterCraft shareholders, and that NauticStar will benefit from a new strategic owner dedicated to the future success of the brand. I want to thank NauticStar’s employees, who have a new home at Iconic Marine Group, for their hard work and dedication to quality and craftsmanship for our customers. We wish them success in the future.”

Fred Brightbill, Chief Executive Officer and Chairman of MasterCraft Boat Holdings
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Future of MasterCraft

The future is bright for Master Craft as they announce their forecast earnings for 2023 are in between $580 million and $615 million in revenue. Brightbill commented on MasterCraft’s future; “If our business performs to the lower end of our guidance range, we will deliver the second-best year in the history of our company, in terms of both revenue and earnings,” said Brightbill. “Our flexible business model will allow us to maximize our wholesale performance and to generate outstanding financial results should retail demand outpace our expectations. Should retail demand continue to slow, the guidance we’ve provided reflects flexibility to ensure that we can defend our market share while maintaining strong profitability”.

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NauticStar Acquisition

Fountain, Donzi, and Baja performance boats are just a few of the well-known brands that are housed by NauticStar, which is part of the parent company Iconic Marine Group. This transition allows for the MasterCraft business to concentrate on our Mastercraft, Crest, and Avira brands and make sure that they are allocating resources where they will provide the most value for our shareholders. This was a calculated move by MasterCraft to leave the market for saltwater fishing boats.

Join Us for Our Maryland Open House

Off The Hook Yachts is hosting an open house at their new Maryland office on Saturday, October 1st from 1-5 pm. All slip owners are invited to join us at the restaurant at the Bay Bridge Marina for beverages and hors d’oeuvres. All ages are welcome to attend this family-friendly event! As your local boat brokers, we will be discussing topics that are “boating relevant” in order to meet your needs. Come out and take part in the festivities!

RSVP

Please RSVP at kylewalker@offthehookys.com if you are planning on attending. The location of the Maryland Open House is Bay Bridge Marina at 357 Pier 1 Rd, Suite 203 Stevensville, MD 21666.

Meet our Grasonville, MD Team

We have a small team of devoted boat brokers in the area to help assist in meeting any and all needs. Whether it is wholesale services, brokerage services, marine financing services, yacht management services, and information about local attractions. You can also discover incredible things to do in the Grasonville/Kent Narrows area using this official guide. Our yacht brokers are professional and dedicated to helping you find the boat of your dreams. Boat inventory changes daily so it is important to sign up for our newsletters to get notified of new listings. We are excited to work with you.

Gregg Cohen

Sales & Purchasing

410-533-4375 | gregg@offthehookys.com

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Kyle Walker

Sales & Purchasing

954-734-5112 | kylewalker@offthehookys.com

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Beau Scott

Sales & Purchasing

410-924-5004 | beau@offthehookys.com

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Chris Zorn

Broker

410-322-8932 | chrisz@offthehookys.com

Al DiFlumeri

Sales & Purchasing

410-609-9893 | al@offthehookys.com

David Sloan

Broker

617-548-2472 | david@offthehookys.com

Yes, we will be at the Annapolis Boat Show!

Our open house is one week before the annual Annapolis Boat Show hosted in the capital city of Maryland. We will have a display of our Nor-Tech 340 and 2022 Rockharbour 42 for you to tour! Check us out at Dock I.

Looking for a Boat?

Ask one of our brokers about a boat we have in MD if you are interested in it while you are taking in the open house. Check out the listings we currently have nearby! If we don’t have what you are looking for we have just launched our newest feature, Find Your Boat. Using the Find Your Boat Form, fill out the information about the boat(s) you are wanting to buy. We will find your dream boat for you!

2022 Newport Boat Show

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Over thirteen acres of historic downtown Newport, Rhode Island, one of the biggest and most famous boat exhibits in the nation is held. The 2022 Newport International Boat Show begins next week showcasing an amazing display of new sailboats and powerboats. On the land portion of the show, you will discover thousands of nautical products, services, and accessories to improve your boating experience. Additionally, there will be chances to partake in educational lectures, on-the-water boating lessons, and daily giveaways.

Exhibitors

The show will have a huge variety of exhibitors! It’s worthwhile to look through the list of exhibitors to see if any of your personal favorites will be there.

Check out Off the Hook!

We are showcasing our new 2022 Rockharbour 42 yacht to the Newport Boat Show! We are located at Dock N-1 W, come see us and this exclusive new build.

Rockharbour 42 Features:

CUSTOM BUILD DOWN-EAST STYLE TWO CABIN CRUISER!

EXCEPTIONAL STYLING & CRAFTSMANSHIP

SPACIOUS INTERIOR & EXTERIOR LAYOUT WITH FULL ENCLOSURE

CLASSIC LIGHT GREY EXTERIOR WITH FINE OAK INTERIOR

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Ticket Info

Each ticket is valid for one day only. No exchanges or refunds. This is a rain or shine event.

Preview Day: Thursday

September 15th, 2022: Advance $40

One Day Ticket

Sept. 16-18th, 2022: $28

Military Appreciation / Newport County Resident Day

Sept 16th, 2022: $18 (need a valid photo I.D.)

Show Dates and Locations

Thursday, September 15th – Saturday, September 17th: 10:00 AM – 6:00 PM

Sunday, September 18th: 10:00 AM – 5:00 PM

Newport Yachting Center Marina
4 Commercial Wharf
Newport, Rhode Island 02840

New to the 2022 Newport International Boat Show?

Here is a link to the site map so you won’t get lost! To plan a wise walking route, make sure to consult the exhibitor list mentioned in the earlier section of this article. It is advisable to plan your route in advance to avoid getting lost or missing a dealer or boat brand you are interested in.

Parking at the Show

The Best Place To Park Is Easton’s Beach
175 Memorial Blvd, Newport 02840
Shuttle service to Show available 8 AM to 8 PM
Purchase parking with an admission ticket

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Celebrating 10 Years As The Leading Marine Wholesaler

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WILMINGTON, NC 

August 18, 2022

At Off The Hook Yacht Sales we are a team passionate about making deals happen for our partners!  Over the last decade, we have grown into the largest wholesaler in the marine industry, due in large part to the amazing relationships we’ve been fortunate to build with our partners.  We have completely dialed in our process, as many of our partners can attest, and we’ve analyzed valuations on upwards of 100,000 boats from all major brands in every market in North America and beyond.

With that said, we want you to know that we are here to be your Trusted Partner. Whether you need us to take your trade or not, we’re here to help you make your deals happen!

Off the Hook is the leading marine wholesaler

Trade Analysis Assistance

There are so many factors when taking a trade, that it is hard to be aware of all of them. This especially goes if it’s not a brand you specialize in.  OTH evaluates thousands of boats a month in every market.  Even if you plan to keep your trade, use us as a free resource to help you. 

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We Now Offer Non-Conventional Lending!!

For our partners, we will help get your customers financed, even if the bank will not do so.  This is an exciting opportunity available for our partners that goes into effect today!  If you have a customer who cannot get financed, for any reason, please let us know.  We are here to help.

**This is only offered to dealers and brokers who are partnered with us for wholesale transactions**

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Have Buyers but No Boats?  Ready to Make More Deals?

With the number of boats we evaluate for wholesale, it’s only natural that the majority of them are the Queen Mary to their owner. In many cases the numbers are close, but we just can’t close the gap with a private seller.  We are currently Beta testing a system with select partners that can match a “Wanted to Buy” search with potential wholesale opportunities from private sellers.  Give your OTH partner a call for more information or to get on the Beta test list. 

      Test Partners Have Access To:  

  • Wanted to Buy / For Sale Matching Feature on off-market deals
  • Ability to comment / message one another  
  • Ability to see incoming trades, including those not yet listed. 

As part of the Beta test, we welcome your feedback on features, improvements, and anything that will help you make more deals!! 

Trade Purchasing

Have an unwanted trade standing in the way of making a deal?  We will buy the trade-in so you can make your deal.  Let’s work as a team to help structure the deal for your customer.  We have a seamless process with 100% discretion and will give the absolute best trade number possible.  We have the financial position to close every deal fast.  With our recently expanded funding, we now have the ability to take in anything up to $6M per unit.  Unlike other wholesalers, you can be assured we have the backing to close every single time.  If you have a trade, please call your OTH partner before you quote your customer so we can help structure the deal together!

We are trusted by dealers across the country and abroad to be their go-to wholesaler. In a volatile market it’s important we all work as a team. Off The Hook Yachts is here, as your Trusted Partner, to help.  Let our decade in the business work for you!!  

Let’s make some deals!

Shore Picks: 2022 Best of the Best Award

Wilmington residents have spoken! We are extremely appreciative of being named a local Best Boat/Marine Dealer for 2022. Without the community’s ongoing assistance and support since we began in 2012, we sincerely would not have been able to achieve this level of accomplishment. Local boat and marine dealer Off the Hook Yachts is located in the heart of Wilmington. We thank everyone who voted for us in this year’s Best of the Best Award since none of this would have been possible without you.

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About the Award

Shore Picks is a competition that Wilmington’s local news outlet StarNews Media runs to let the public vote on the local businesses. All those who are selected and nominated for this contest receive the highest distinction. The winners are chosen by the community and the readers of this news source. The Best of the Best award serves as proof that they are providing excellent care and assistance to their local residents.

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Our Story

Founder, Jason Ruegg, launched Off the Hook Yachts in 2012 with the vision of being the largest buyer of used boats in the USA. Fast forward a decade, the company now acquires over $100MM in used boats and yachts and has multiple office locations along the east coast. In addition to wholesaling boats, Off the Hook Yachts is a Nor-Tech Hi-Performance dealer servicing the Mid-Atlantic Region.

Several awards have been given to the company, which include, Inc. 500 List of America’s Fastest Growing Companies, consistently ranked as a Top 100 Dealer in the USA by Boating Industry, and listed as the #1 dealer (out of 1,000 dealers) by its floor plan company for the last four years.

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What We Offer!

Selling your used boat online has never been easier! Whether you have your eye on your next boat or need quick cash, Off the Hook Yachts can assist. Our dedicated team prides itself on a sense of urgency, and fair wholesale offers. This is based on the true market value of your used boat or yacht. In addition, we take care of everything from closing paperwork to transportation logistics.

Need To Finance? We Have Partnered With Azure Funding To Help Customers Get Pre-Approved.

Have A Trade In The Way? You Have Come To The Right Place. We Take Boats Up To $12,000,000 And Offer The Best Trade-In Pricing

Want To Jump On A Deal But Need A Short Term Bridge Loan? We Can Help With That Too! We Will Carry The Boat For Up To 60 Days (Additional Fees May Apply)

How Long Can You Finance A Boat

You’ve decided it’s best to research financing options for the boat you hope to buy soon. The majority of individuals decide to finance their boat, although there are different lengths of boat loans. How long can you finance a boat is a subject that is sure to come up as you weigh your loan alternatives, interest rates, and loan amounts. The specific circumstances will determine the number of years a boat can be financed. Allow us to provide an overview so you may better grasp the terms of boat loans.

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Average Length of Boat Loans

The value of the boat you decide to finance determines the typical period of the loan. The length of the loan will increase with the value of the boat. It is likely that you will qualify for a loan period of up to 10–20 years if you are financing a boat that is less than 15 years old. On the other hand, if the vessel you want is older, the lender might offer you a cheaper interest rate because of that.

$15-25k: 10-12 years

$25-50k: 15 years

$50-100k: 15-20 years

$100k+: 20 years

Set up a time to speak with your financial advisor or marine lending specialist to get the best advice to make a sound decision.

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Factors Affecting Boat Loan Terms

The five factors that affect the terms of your boat loan are the size of the down payment, the loan amount, the age of the boat, your debt to income ratio, and your personal preference. The larger your down payment, the lower your monthly payments will be, just as with a vehicle or house loan. Your interest rate is influenced by your credit score, therefore having a high score is advantageous.

Why Choosing A Shorter Loan is Better

A shorter term reduces the overall interest paid, bringing your final price closer to the initial purchase price. If you are able to make slightly larger monthly payments on a shorter-term loan, you may be able to receive lower rates and be more likely to keep ahead of depreciation, so you are not upside down on the vessel.

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Choose the Best Marine Lending Firm

Azure Funding is a recreation financial service company that specializes in marine, aviation, and RV loans. They offer fast approvals, a professional team, and competitive rates that will appeal to anyone looking for a marine loan. The Azure team has over 100 years of combined experience, encompassing every aspect of the marine and lending industries. They partner with various lending groups to ensure that they can connect their clients with the best funding source for their acquisition. Don’t hesitate to reach out to them today!

Innovation that excites the movement to reduce our carbon footprint

The reality of a fossil-free future is not impossible but in fact, being worked towards. Yacht designers all over are creating the world’s most eco-friendly yachts, that have amazing features. Superyachts are becoming more environmentally friendly because of advancements in marine architecture and design. Let’s explore more closely at the technological advancements seen in some of the environmentally conscious boats currently roaming the seas.

Some but not all of the world’s most eco-friendly yachts

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(Source: Nobiskrug)

Artefact

This stunning superyacht named, Artefact contains a massive battery storage system, solar panels, and a wastewater recycling system, allowing the yacht to occasionally run totally without internal combustion engines. Due to its complete silence while operating, you might only be able to tell how big this yacht is from 80 meters. Custom six-bladed propellers and substantial soundproofing ensure that there is a minimum amount of noise. You can expect to save 30% on energy and emissions because of it’s hybrid diesel-electric system.

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(Source: Schottel)

White Rabbit

This 2940GT all-aluminum tri-hull is another silent traveler. As the boat accelerated, ultra-quiet recordings were made in the lower cabins. This is commendable considering the White Rabbit is the largest trimaran in the world. A vessel of this size is bound to make noise when traveling, thus it’s impressive that it only recorded a sound at a low 40db.

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(Source: Yacht Harbour)

Bravo Eugenia

This superyacht was constructed by Oceanco Yachts with a hybrid propulsion system that allows for a silent electric mode and allows her to use 30% less fuel than other motor yachts of a similar size. In order to operate and perform at her best, she also has an integrated battery and a waste heat recovery system. Jerry Jones, best known for owning the Dallas Cowboys, is the owner of this magnificent superyacht.

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(Source: BOAT International)

Solo

One of the first yachts on the water, Solo complied with Tier III criteria set forth by the International Maritime Organization to control emissions and water pollution. The RINA society’s highest degree of environmental certification, the Green Plus Platinum designation, was also given to the environmentally friendly superyacht. This is only one of several awards that this super yacht has received. You previously had the opportunity to acquire this magnificent vessel, but it has since been sold and is being used by its new owners.