United States

Hinckley Yacht Services

<a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley</a>, an American yacht builder and premium marine service provider, has announced the acquisition of <a data-gid="gid://syiq/Company/8795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port of Egypt Marine (Company)">Port of Egypt Marine</a>, an 80-year-old family-run marina in Southold, New York.<img src="https://photo-assets.superyachttimes.com/photo/35588/image/large-8ce802374ef4baa034443132512cfe19.jpg" data-gid="gid://syiq/Photo/35588">Located in Long Island’s North Fork, <a data-gid="gid://syiq/Company/8795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port of Egypt Marine (Company)">Port of Egypt Marine</a> serves the wider East End boating community spanning the Hamptons and Shelter Island. The acquisition strengthens <a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley</a>’s presence in one of the United States’ busiest yachting regions, expanding their network of service yards and marinas along the East Coast.The move is part of <a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley</a>’s expanded growth strategy, with its integrated service network currently covering areas from Maine to Florida. Adding the Southold facility boosts the company’s ability to offer maintenance, upgrades, refit and technical support in key boating communities across Connecticut and the broader Northeast.“We are honoured to be part of <a data-gid="gid://syiq/Company/8795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port of Egypt Marine (Company)">Port of Egypt</a>’s next chapter,” said Gavin McClintock, CEO of <a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley</a>. “As we continue to grow our service capabilities, our focus is on marinas where legacy, craftsmanship and care already run deep. The foundation built by the Lieblein family will remain at the heart of what comes next, and we are proud to carry that legacy forward.” <img src="https://photo-assets.superyachttimes.com/photo/115752/image/large-502ab5ba6f63104f9aa353d92fb9b61c.jpg" data-gid="gid://syiq/Photo/115752" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Will and Yvonne Lieblein will remain as co-general managers, to maintain operations and uphold the marina’s longstanding ties with the local community.As part of the acquisition, <a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley</a> plans significant infrastructure upgrades for the marina, including the conversion of a 2,230-square-metre cold storage facility into heated storage that can be used year-round to aid yacht maintenance.Further improvements will focus on integrating advanced technologies, elevating service capabilities, and expanding technical expertise to support more seamless ownership and maintenance for clients. Moreover, Hinckley plans a gradual rollout &nbsp;of select concierge and mobile service offerings from the facility.“Long Island’s East End has long been one of the country’s most important boating regions, and continues to grow,” said Peter Clark, Chief Development Officer at <a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley</a>. “<a data-gid="gid://syiq/Company/8795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port of Egypt Marine (Company)">Port of Egypt</a> is one of the North Fork’s most respected marinas, built over generations with a deep commitment to care and community. Our role is to build on that foundation and add new capabilities, expertise and technology to elevate the experience further.”

Hinckley acquires Port of Egypt Marine

Hinckley has acquired Port of Egypt Marine in Southold, New York, expanding its East Coast service network in a key US boating region.

Hinckley acquires Port of Egypt Marine in Southold, New York

<a data-gid="gid://syiq/Article/54253" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drinkability and Danneskjold engulfed in shipyard fire at Hinckley Yachts in Portsmouth, RI (2021-12-13 07:45:00 +0100)">With the recent fire in Portmouth, Rhode Island, where two superyachts were lost beyond repair</a>, we have taken a look back at the yachts lost in 2021. There have been 25 reported yacht casualties this year – not all have been totally lost, but a good portion have been. The term “casualty” covers fire, collisions and seizures. Six yachts have been severely damaged by fire; two yachts have been seized due to tax fraud; while a further 17 have been damaged from collisions.&nbsp;Fire damage in 2021<img src="https://photo-assets.superyachttimes.com/photo/202890/image/large-508eea58fa9ccad64fa67633b1fc04d9.png" data-gid="gid://syiq/Photo/202890"><img src="https://photo-assets.superyachttimes.com/photo/81841/image/large-916780ddf83c2e6c42b4b15e6a1fb4bd.jpg" data-gid="gid://syiq/Photo/81841">During the early hours of the 11th August 2021, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s 29.06-metre motor yacht <a data-gid="gid://syiq/Yacht/9005" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reine D'Azur29.06m (95'4&quot;)Sanlorenzo2019">Reine D’Azur</a> <a data-gid="gid://syiq/Article/53523" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="29m Sanlorenzo yacht Reine d’Azur catches fire in France (2021-08-11 15:15:00 +0200)">caught fire during a charter trip</a> in Port-Cros, Hyères, France. She was only launched in 2019, making the accident all the more devastating. The seven passengers and crew were safely evacuated, but the yacht has been damaged beyond repair.<img src="https://photo-assets.superyachttimes.com/photo/204720/image/large-3f8ba78ce625a748d984fadade3ef47d.png" data-gid="gid://syiq/Photo/204720">September saw a <a data-gid="gid://syiq/Article/53622" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fire severely damages 25m yacht Miss Dunia in Massachusetts (2021-08-31 15:15:00 +0200)">second victim to fire</a>, as <a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon Yachts</a>' 24.99-metre motor yacht <a data-gid="gid://syiq/Yacht/8028" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Dunia24.99m (81'12&quot;)Horizon Yachts2008">Miss Dunia</a> caught alight on the 30th of the month at the <a data-gid="gid://syiq/Company/3170" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pope's Island Marina (Company)">Pope's Island Fleet Marina</a> in Massachusetts, United States. She had been seafaring since 2008, but unfortunately, this incident has put a stop to this as she was totally gutted by the blaze. <img src="https://photo-assets.superyachttimes.com/photo/204990/image/large-fc3ef9659fa91db2e2b4e7883682d8c7.jpg" data-gid="gid://syiq/Photo/204990"><img src="https://photo-assets.superyachttimes.com/photo/169632/image/large-80cc8703d02bf1a72cc24f06807c6c44.jpg" data-gid="gid://syiq/Photo/169632"><a data-gid="gid://syiq/Company/1756" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tansu Yachts (Company)">Tansu Yachts</a>’ 35.2-metre explorer yacht <a data-gid="gid://syiq/Yacht/3411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siempre35.2m (115'6&quot;)Tansu Yachts2010">Siempre</a> was <a data-gid="gid://syiq/Article/53647" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tansu motor yacht Siempre has sunk after a fire in Marina di Olbia (2021-09-06 09:30:00 +0200)">devastated by fire on the 6th September</a> and is damaged beyond repair. The incident happened in the Marina of Olbia, Italy. Luckily no one was hurt, even though the crew were believed to be sleeping onboard at the time of the event. <a data-gid="gid://syiq/Yacht/3411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siempre35.2m (115'6&quot;)Tansu Yachts2010">Siempre</a> was launched in 2010 and had proved to be a strong companion for long-distance voyages. <img src="https://photo-assets.superyachttimes.com/photo/209773/image/large-6d64c14447080ffa8258497a5dfdca7a.jpeg" data-gid="gid://syiq/Photo/209773"><img src="https://photo-assets.superyachttimes.com/photo/208004/image/large-2b933408a777d3fe3e4024bb76a99a26.jpg" data-gid="gid://syiq/Photo/208004">The brand-new <a data-gid="gid://syiq/Company/5302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maori Yacht (Company)">Maori</a> motor yacht <a data-gid="gid://syiq/Yacht/11370" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mama-G24.2m (79'5&quot;)Maori Yacht2021">Mama-G</a>&nbsp;then caught ablaze on the 21st October when she was en route to Porto Corallo in Sardinia. The fire was severe, but she has been listed as “out of service”, meaning there is scope for her to be refloated. No one was hurt during the incident, and the local Coast Guard was able to put out the blaze.<img src="https://photo-assets.superyachttimes.com/photo/213610/image/large-5909a4c489777479207a78c28bcf7fda.png" data-gid="gid://syiq/Photo/213610">A huge fire broke out at the <a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley Yacht Services</a> in Portsmouth on the 10th December that engulfed two superyachts: the the 32-metre <a data-gid="gid://syiq/Company/1490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Ocean Marine (Company)">Southern Ocean</a> sailing yacht <a data-gid="gid://syiq/Yacht/2627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Danneskjold32.0m (104'12&quot;)Southern Ocean Marine2009">Danneskjold</a>, and the 30.53-metre <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a> <a data-gid="gid://syiq/Yacht/6726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drinkability30.53m (100'2&quot;)Ocean Alexander2017">Drinkability</a>. <a data-gid="gid://syiq/Yacht/6726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drinkability30.53m (100'2&quot;)Ocean Alexander2017">Drinkability</a> was the first to catch alight and has been completely destroyed, while <a data-gid="gid://syiq/Yacht/2627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Danneskjold32.0m (104'12&quot;)Southern Ocean Marine2009">Danneskjold</a> could potentially be refloated, as she is said to be severely damaged but it is not yet known if she is beyond repair. <img src="https://photo-assets.superyachttimes.com/photo/29424/image/large-c81dfdcb1421baba9938a98c1dfba6c4.jpg" data-gid="gid://syiq/Photo/29424">Fire damage over the yearsIf we compare the amount of yachts in the above 30-metre category that have caught fire over the last six years, the numbers for this year aren’t out of the ordinary. It’s an unfortunate fact that fires and accidents do occur. We lost two yachts in 2015 due to fire. Five in 2016, 2017 and 2018. In 2019, though, there was an unprecedented number of fires and we lost an incredible 12 yachts. &nbsp;In total then, 35 yachts have fallen victim and become severely damaged due to fire since 2015.<img src="https://photo-assets.superyachttimes.com/photo/213676/image/large-01ae92b4630a0ecad22c63a39eb4143c.png" data-gid="gid://syiq/Photo/213676">This number is pretty substantial if we look at the figures back to 1945. We are sure that our database is still missing a few superyachts, but we estimate that in total we have lost around 200 yachts since 1945 and a further 300 commissioned as out of service. That means that around 18 percent of all superyachts losses occurred since 2015.Collisions and wrecksFire hasn't been the only cause of damage this year, as a further 17 yachts were damaged from collisions and wrecks. Most of the yachts are repairable from their incidents – but will still require substantial maintenance to get them back to seaworthy condition. <img src="https://photo-assets.superyachttimes.com/photo/202693/image/large-9377377577aea12a50f3e5fbbbc8a210.png" data-gid="gid://syiq/Photo/202693">The most tragic casulty this year was <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>’s classic 24.38-metre sailing yacht <a data-gid="gid://syiq/Yacht/3522" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malizia24.38m (79'12&quot;)Perini Navi1989">Malizia</a>, which <a data-gid="gid://syiq/Article/53515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi sailing yacht Malizia shipwrecked on Stromboli (2021-08-10 17:45:00 +0200)">crashed into the coast of the Aeolian</a> island of Stromboli, just off Sicily. The accident is believed to have been caused by a failure with the navigational controls. There were five guests and three crew members onboard the 1989 yacht during the incident, none of whom were hurt.&nbsp;

Yachts lost in 2021 to fire

There have been 25 reported yacht casualties this year – not all have been totally lost, but a good portion have been.

Yachts lost in 2021: 6 fires and 17 collisions

Local news coverage reported that a Portsmouth shipyard fire had broken out and engulfed two superyachts on Friday morning. The yachts are reported to be the 32-metre <a data-gid="gid://syiq/Company/1490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Ocean Marine (Company)">Southern Ocean</a> sailing yacht <a data-gid="gid://syiq/Yacht/2627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Danneskjold32.0m (104'12&quot;)Southern Ocean Marine2009">Danneskjold</a>, and the 30.53-metre <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a> <a data-gid="gid://syiq/Yacht/6726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drinkability30.53m (100'2&quot;)Ocean Alexander2017">Drinkability</a>. <img src="https://photo-assets.superyachttimes.com/photo/213606/image/large-fb9fc38a3c6b675d044560f7b1f3ed64.png" data-gid="gid://syiq/Photo/213606"><img src="https://photo-assets.superyachttimes.com/photo/213609/image/large-b9eca4ed49e2c50e8f5d610a4512bf48.png" data-gid="gid://syiq/Photo/213609">The fire broke out at <a data-gid="gid://syiq/Company/3172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hinckley Yacht Services (Company)">Hinckley Yachts</a>. According to local specialists, the blaze erupted when workers were making repairs to the hull of a superyacht, cutting out a section of the hull and working with flammable resin. <iframe width="640" height="360" src="https://www.youtube.com/embed/47miuLoGfL8?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> <a data-gid="gid://syiq/Yacht/6726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drinkability30.53m (100'2&quot;)Ocean Alexander2017"></a><a data-gid="gid://syiq/Yacht/6726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drinkability30.53m (100'2&quot;)Ocean Alexander2017">Drinkability</a>, the motor yacht, is said to have been completely destroyed by the event, while <a data-gid="gid://syiq/Yacht/2627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Danneskjold32.0m (104'12&quot;)Southern Ocean Marine2009">Danneskjold</a> has been very severely damaged. &nbsp;One of the workers was injured in the event and taken to hospital by the Navy paramedics who arrived at the scene.<img src="https://photo-assets.superyachttimes.com/photo/29424/image/large-c81dfdcb1421baba9938a98c1dfba6c4.jpg" data-gid="gid://syiq/Photo/29424">Rick Ursch, an eye witness, reported seeing <a data-gid="gid://syiq/Yacht/6726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drinkability30.53m (100'2&quot;)Ocean Alexander2017">Drinkability</a> catch alight while on a travel lift, the fire then spreading to <a data-gid="gid://syiq/Yacht/2627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Danneskjold32.0m (104'12&quot;)Southern Ocean Marine2009">Danneskjold</a>&nbsp;which was situated next door. Fire crews worked hard to control the blaze as the yachts were situated directly next to a smaller shed full of highly flammable vintage yachts, fortunately, they got it under control before it could spread.<img src="https://photo-assets.superyachttimes.com/photo/213610/image/large-5909a4c489777479207a78c28bcf7fda.png" data-gid="gid://syiq/Photo/213610"><img src="https://photo-assets.superyachttimes.com/photo/213608/image/large-37e444956ce0a4eebf8fed984dd7b165.png" data-gid="gid://syiq/Photo/213608">The Department of Environmental Management was on the scene because of concerns around the air quality as the powerboat was made of fibreglass. <a data-gid="gid://syiq/Article/54023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="32m sailing yacht Danneskjold sold (2021-11-05 11:15:00 +0100)">Danneskjold was only sold in November</a>, it is quite likely that she was at the shipyard for a short refit period before setting sail with her new owners in the Spring.

Drinkability and Danneskjold destroyed in fire

Two superyachts, Drinkability and Danneskjold were engulfed in Portsmouth shipyard fire on Friday.