Sealine for sale again

  • Thread starter Thread starter Deleted User YDKXO
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I'm intrigued by desparetlyseeking's idea but won't it need a water line length of @ 45 feet to be able to do 9 kns economically?
 
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Doesn't the Greenline meet your spec?

I hear you and I do like the greenline 70 but I think the 33 and 40 are very disappointing to look at. Miniaturise the 70 to a 42' and I think it would be a winner. Just because I want to go slow doesn't mean I don't want a flybridge and sun pad !!
 
I'm intrigued by desparetlyseeking's idea but won't it need a water line length of @ 45 feet to be able to do 9 kns economically?

Yes, in reality it would. Closest I've seen to the future is the Garcia GT54, beautiful looking boat, finished to a very high standard and mooches along at 8litres per hour - I only the price wasn't €1.4mln. I'd love to know what a mass producer could build a similar design for in GRP? Only one engine to install,£300k realistic? Maybe £400k - would there be a market for that? I think Beneteau and Cranchi missing the point with their swift trawlers. Swift = big engines, less seaworthy planing hulls. Wish they'd just build a similar designed displacement unswift trawler!!
 
Interesting thing is 30 years ago I got my first order from Sealine for switchgear, and was told by a local business man to avoid them as they were going bust, 30 years later I'm being told the same.


Brian
Still waiting for payment 30 years later ;) ??
 
Sealine goes pop!

Report in today's Sunday Times http://www.thesundaytimes.co.uk/sto/business/Retail_and_leisure/article1241946.ece
It's less than 2yrs since Oxford Investment Group bought the company from Brunswick. It always seemed a bit of an odd fit to me and despite Oxford saying they were in it for the long term, it hasn't taken them long to appreciate what a tough market Sealine are operating in and perhaps they are better off bailing out sooner rather than later. I feel sorry for Sealine because they were just beginning to up their game with new and improved models and this further uncertainty won't do them any good. Here's hoping they find a buyer who can give them a long term stable base from which they can build the brand and the company

Not looking good at all: http://www.insidermedia.com/insider...ry_article&utm_campaign=breaking_news_tracker
 
there must be a business left in there at some level. I thought the SC35s were selling really well?

is it a case of too many staff, two few orders, too many overheads. If it was stripped back with a base budget approach could it be revived?
 
Yep, Bad news all round. Thoughts go to employees, suppliers and those with boats on order. Hopefully this company can be turned around....may just need to be sold debt free and without the employment obligations. Really love the newer Sealines since the S35 broke out of the mould...
 
Very sad indeed. As somebody who has owned 3 Sealines, I wish them and all their staff well but I fear that this is part of the restructuring in the boat building industry which has to take place in order to reflect the reality of a much smaller market and flat growth prospects
 
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