District Of Columbia
Russian Oligarch Vekselberg's Superyacht Seized in Spain
Spanish police on Monday impounded a superyacht belonging to Russian oligarch Viktor Vekselberg on behalf of U.S. authorities, the first time the United States has seized property belonging to a Russian oligarch since its invasion of Ukraine in February.Valued at more than 90 million euros ($99 million), the 78-metre-long "Tango" (255 ft) was seized in a shipyard on the Mediterranean island of Mallorca, the Guardia Civil police and the U.S. Justice Department said in parallel…
Watercraft Thefts Sink by 6% in 2013
With summer and boating season just around the corner, the National Insurance Crime Bureau (NICB) has released its latest report on watercraft theft and recoveries in the United States. The report examines watercraft reported stolen between Jan. 1 and Dec. 31, 2013. The report draws from data contained in the National Crime Information Center (NCIC) database for all 50 states and the District of Columbia. Overall, there were 5,537 watercraft thefts reported during 2013, and that is a 6 percent decrease from the 5,870 thefts reported in 2012.
Brewer Buys Two Marinas from Mitch Nathanson
Mitch Nathanson, owner of Coastal Properties Management (CPM), announced the sale of two of their marinas located in Oxford Maryland, Oxford Boatyard and Mears Yacht Haven, to the Brewer Yacht Yards group on January 3, 2014. Mitch Nathanson has been the owner of Oxford Boatyard since 1988 and Mears Yacht Haven since 1994. As one of the oldest operating boatyards in the country, Oxford Boatyard has been in operation since 1866 offering complete yacht and boat retrofits, major and minor repairs…
Jet-Ski Boats Most Favored Among Thieves: New NICB Report
The National Insurance Crime Bureau (NICB) has released its latest report on boat theft and recoveries in the United States. The report examines watercraft reported stolen between Jan. 1 and Dec. 31, 2012. The report draws from data contained in the National Crime Information Center (NCIC) database for all 50 states and the District of Columbia. Overall, there were 5,870 watercraft thefts reported during the period, which is a 3 percent decrease from the 6,070 thefts reported in 2011. The top five states for thefts were identical in rank order to the previous report.
Raymarine Hurricane Sandy Refit Program
In October 2012 boaters all along the eastern seaboard and particularly in the Mid-Atlantic States sustained extensive damage to boats, homes and property due to Hurricane Sandy. Raymarine is offering relief to boaters affected by the hurricane to help get them back out on the water. Through June 30, 2013, Raymarine is offering boaters in the federally designated Hurricane Sandy disaster and emergency areas an extra incentive when replacing their storm damaged systems with brand-new Raymarine electronics.
