csharpatsea
Well-Known Member
Are you a registered marine surveyor working as an associate in your father's business?What I've said here about Bavarias is my own opinion formed from what I've seen when working with him.
Are you a registered marine surveyor working as an associate in your father's business?What I've said here about Bavarias is my own opinion formed from what I've seen when working with him.
Are you a registered marine surveyor working as an associate in your father's business?
Guys. I know there is a sterotype of Bav owners being a little oversensitive about keels, but this is way off topic. Why not just create a new thread:
Bavarias are great/rubbish. Discuss?
Ah I see, it's the size of the systemic failure that is important.
However you appeared to be ignoring the tens of thousands of boats built before yours that don't have problems when you said
Viewed a yacht on the hard, 20 years old, hull looks fair & generally all in vgc inside & out - however can't ignore what looks like a substantial crack (or repaired crack) on the leading edge of the keel.
At the height of its commercial success in 2006 the family controlled Bavaria decided to sell out to some private equity group that got its valuation sums seriously wrong. Rather than limp along slowly crippling the company over a decade to a point where it was no longer a going concern, the new owners effectively said, "yup fair cop we miscalculated" and sold the company on again for a much lower value.
Such events do not constitute a bankruptcy of the manufacturing operation. Was a receiver ever appointed? No. Did Bavaria ever enter some German equivalent to Chapter 11? No.
Private equity corporate speculators got their gingers burnt, that's all.
So an external investor looked at the underlying Bavaria operation and decided it was worth 300 million to buy out the private equity prats who were looking for quick exit + 55 million fresh capital for the manufacturing operation which presumably has been starved of factory floor investment while its new owners were frozen in the headlights of the credit crunch.Oh sorry, I forgot to include the bit about the new owners having to chip in €55mn (on top of restructuring the debt) to keep the company going. It was an awful lot worse than some shares being sold at a loss.
Don't know how you draw that conclusion. A small sample out of a large population is not indicative of a systemic problem
You also misundertand what I was saying about the state of the boat in question. The standard of design and build at the time that boat was built was not as high as it is these days. Poor materials, slipshod workmanship and hit and miss design was common and time has done the boats no favours.
So an external investor looked at the underlying Bavaria operation and decided it was worth 300 million to buy out the private equity prats who were looking for quick exit + 55 million fresh capital for the manufacturing operation which presumably has been starved of factory floor investment while its new owners were frozen in the headlights of the credit crunch.
Let me give you a tip on winning arguments, make a single strong point and don't drown it with questionable speculation.If all 150 boats in the range have to be recalled to fix a problem it is a systemic failure, design, stress testing and quality control have all failed, because this kind of problem should have been ironed out before boats were sold to customers, and before a keel was lost with regrettable consequences.
A specific design problem does not constitute systemic failure, Westerly and Nicholson had a systemic failure in hull production standards because multiple models, produced over a decade or more have exhibited high rates of osmosis.it is a systemic failure, design, stress testing and quality control have all failed, because this kind of problem should have been ironed out before boats were sold
"Have to"? Were you a fly on the wall in the Bavaria board room? It is just as legitimate to state that in order to protect the reputation of their name they decided it was prudent to recall all those yachts for some extra layers of laminate in the bilge.If all 150 boats in the range have to be recalled to fix a problem
A specific design problem does not constitute systemic failure, Westerly and Nicholson had a systemic failure in hull production standards because multiple models, produced over a decade or more have exhibited high rates of osmosis.
Nicholson had a systemic failure in their rudder designs because they repeated the same design/manufacturing error over 10 to 15 years in different models.
Sigma had a systemic design failure because over a 10 production run they did not fix the manifestly undersized transverse bilge reinforcement box sections that went pop so often during fleet face groundings. In contrast Bavaria had a problematic production run of about a year before they took positive corrective action.
Since the Match 38/42 keel mounting was subject to a specific design fix how do you conclude quality control was also at fault?
"Have to"? Were you a fly on the wall in the Bavaria board room? It is just as legitimate to state that in order to protect the reputation of their name they decided it was prudent to recall all those yachts for some extra layers of laminate in the bilge.
It is strange that you are so determined to wave a red flag over this issue because analysis of Bavaria's response only serves to demonstrate that their actions were prompt, decisive and decent. Their actions were in complete contrast to past British yacht manufactures who have resorted to repeated bankruptcy and relied on local jingoism to cover up their systemic failures.
And where did it get them? The road to corporate perdition and names plaques purchased by oversea manufacturing outfits.
We also can look at the 20 years or so that the same builder (along with many other builders) produced boats that suffered from inadequate GRP layups, usually resulting in "osmosis" - again requiring serious remedial action.
"My dad said...".
No further comment needed.
To be fair - and not just to Westerly - it took a long time for Osmosis to be established as a problem in GRP yachts ... inasmuch as it's any more than a money maker for surveyors and yards, that is. It was less a matter of "inadequate" layups and more one of lack of knowledge of materials ... knowledge which has really only been gained from many years of experience. In other words, if it wasn't for the bubbling seventies boats, modern builders would probably be making the same mistake.
Good. You are now getting close to what I have been arguing. It is never "mine is better than yours". It is the belief that things were better in the past and that 1970'-90's boats were better built etc etc - when this is just not the case - that I question.
Such economies mean that ordinary people like me can afford a 37 footer when my father (if he were a sailor) would perhaps have seen a Centaur as the ultimate goal.
It may well be that my Kevlar reinforced hull will turn into cream cheese and my keel will fall off or crack in 20 years time - but I don't think so. As I said earlier, I hope I am still around to see it - whatever happens.
It would be interesting to look at how the prices in real terms compare. I haven't found the necessary prices with a quick google, but will return to it some time ...
QUOTE]
A Centaur in the 70's would have been about 2 times my earnings (I was quite well paid) and a Moody 36 would have been in the stratosphere. In 1976 I bought a Seawych 19 kit for I think about £2300 when my salary was about £6k. My Bavaria 37 in 2001 was about 3 times my poverty wages as a university lecturer!
Assuming some climbing up the salary scale - guessing that in real terms your salary now is about 50% more than it was in the 70s, doesn't that make the Bavaria twice the cost of a Centaur in real terms? I've just spent half a year's university lecturer salary on a second hand 26 footer ... NOT a Centaur!A Centaur in the 70's would have been about 2 times my earnings (I was quite well paid) and a Moody 36 would have been in the stratosphere. In 1976 I bought a Seawych 19 kit for I think about £2300 when my salary was about £6k. My Bavaria 37 in 2001 was about 3 times my poverty wages as a university lecturer!