18 October 2013 - Dutch dredger Royal Boskalis Westminster NV (AMS:BOS) on Friday said it had sold the Dockwise Yacht Transport (DYT) business for USD40m (EUR29.3m) to domestic Sevenstar Yacht Transport BV.
DYT is focused on the transatlantic migration of luxury yachts between Florida, the Caribbean and the Mediterranean.
Boskalis, which bought these activities as part of its takeover of Dutch marine contractor Dockwise Ltd in March this year, said DYT represents no strategic value for the group and is no fit with its existing core operations.
Alumni, Lawrence Dandridge and Choreography by John T.
Rosebud/Team DYT'S project manager and technical guru Malcolm Park says the STP65s "are a subset of the IRC pocket maxis that are the latest phenomenon in the big boat world." The defining difference, however, is that the Box Rule's speed-producing facets, such as construction, length, displacement, draft, VCG and sail area, are controlled.
Meanwhile, Rosebud/Team DYT plans to continue proving she is the hot rod she was designed to be.
owns vessels Super Servant 3, Super Servant 4 and Yacht Express, offering premium yacht transportation services.Country: , USASector: Water TransportTarget: Dockwise Yacht Transport (DYT
's management, Coby Enterprises CorpVendor: Dockwise Ltd Type: DivestmentStatus: Agreed
Rosebud will sport its new Team DYT
sail and hull graphics when it competes in the New York Yacht Club Annual Regatta presented by Rolex, the Newport to Bermuda Race, the Edgartown Yacht Club Round the Island Race, and the New York Yacht Club Race Week at Newport presented by Rolex.