Luxury boat builder Pacific Motor Yachts’s $23m collapse leaves customers high and dry
A Gold Coast builder of luxury yachts has collapsed leaving customers’ million-dollar vessels stranded in Chinese boatyards.
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Pacific is a custom motor yacht launched in 2010 by Lurssen Yachts, in Germany.
Lürssen has remained a family-run German shipyard since its inception in 1875 and is now in its fourth generation of private ownership. The company was founded by Friedrich Lürssen with a desire to create a leading shipyard in both quality and performance.
Pacific measures 85.20 feet in length and has a beam of 16.00 feet.
Pacific has a steel hull with an aluminium superstructure.
German Frers is an Argentinian company responsible for naval architecture and engineering, producing designs considered to be some of the most aesthetically pleasing currently on the water.
Her interior design is by Bannenberg & Rowell Design.
Pacific also features naval architecture by Lurssen Yachts.
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Pacific has a hull NB of 13658.
Pacific flies the flag of the Cayman Islands.
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Welcome to Pacific Motor Boat Design
Pacific Motor Boat Design - Classic Motor Yacht design, restoration, maintenance, and operations.
Rick Etsell is a consulting naval architect and professional engineer, based in Anacortes, Washington, near the San Juan Islands. His career has spanned over 35 years, encompassing:
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- vintage and historical vessel restorations and refits.
- motor yacht operations as a Master Mariner. 200 GT captain's license.
Now mostly retired from naval architecture practice, Rick works primarily as a yacht captain, operations and maintenance manager for select clients.
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8 Yacht Clubs and Marinas in the Philippines to Moor Your Boat In
FoodfindsAsia.com | 8 Yacht Clubs and Marinas in the Philippines to Moor Your Boat In | Filipinos’ history as a maritime people date back to prehistoric times. In fact, the Philippines’ basic sociopolitical unit today, the barangay, traces its etymological origins to the balangay , the ancient outrigger boats that were used by precolonial Filipino communities to explore and conquer islands this side of the Pacific. As a people belonging to a seafaring culture, it’s no wonder that modern Filipinos are taking a retrospective look at their glorious past as Austronesian mariners and are developing a renewed love for the ocean and marinas as present-day yachtsmen.
Today, Philippine marinas look to accommodate more and more yachts and other pleasure watercrafts as the years go by. In 2017, an ASEAN Briefing op-ed piece named the Philippines as a country with high potential in yacht industry growth. The natural beauty of the Philippine islands and its fantastic bays, combined with a growing interest in leisurely sea travel, can explain the spike in yachting activities throughout the country.
Are you part of the demographic that’s become enamored of the yachting lifestyle? Do you want to know where in the country you can berth your watercraft? Leading sailboat and motorboat authority Europa Yachts is happy to enter the conversation, and recommends the following locations for discovering the Philippines through yachting. Here is a short list of clubs and marinas in the country, organized by island region.
Manila Yacht Club and Marina, Manila, Metro Manila
Established in 1927, the Manila Yacht Club and Marina is one of the oldest yacht clubs in all of Asia, and is nestled in the scenic Manila Bay. It is also near other well-known landmarks in the city, such as the Cultural Center of the Philippines (CCP), the headquarters of the Philippine Navy, and the US Embassy. Facilities in the marina include a launching ramp and a fueling center, and the club itself is host to a restaurant and gorgeous function rooms. The Manila Yacht Club only welcomes visitors who arrive by boat, and it charges an initial security deposit of USD 750 upon arrival. Club membership is mandatory for medium and long-term mooring of boats.
Subic Bay Yacht Club, Zambales
The Subic Bay Yacht Club, which was founded in 1998, upholds itself as the country’s premier yacht club. It operates in the deepest bay in the country, and can host vessels well beyond 50 meters in length. Already benefitting from the innate beauty of the Zambales mountains surrounding it, the club hosts a number of other attractions, including its luxury accommodations, swimming pools, and its own movie theater, bowling alley, and nightclub. Those who venture outside of the club’s premises can also shop for well-priced imported goods at the Subic Freeport Zone, engage in water sports , or sign up for diving excursions.
Punta Fuego Yacht Club, Batangas
Peaceful Punta Fuego is a mecca for those who love the sport of sailing. As per its official website, the Punta Fuego Yacht Club aims to serve “a dynamic and vibrant community of boat enthusiasts and yacht owners.” This it does by playing host to a diverse population of watercrafts, from large catamarans and mono-hull yachts to small boats. Non-members of the club may use the berths for up to 3 weeks, and can refuel at the marina’s fueling station. The yacht club offers other amenities such as locker rooms, shower rooms, Internet facilities, a chart room, and a restaurant called Barracuda Bar, which serves delicious fares. Outside of the yachting crowd, Punta Fuego Yacht Club also caters to those wishing to celebrate weddings, conferences, and corporate events in their opulent quarters.
Puerto Galera Yacht Club, Oriental Mindoro
Further south, yachtsmen may moor at the Puerto Galera Yacht Club in Oriental Mindoro, an island location that’s home to tourist attractions like the Sabang Wreck dive site, lively beachfront resorts, and the Malasimbo Music Festival. Puerto Galera Yacht Club has been in operation for almost thirty years and lends services such as refueling provisions and yacht repairs from its marina. Boat owners also enjoy optimal convenience if mooring here, as they can also shop for spare parts in the nearby Batangas port.
Busuanga Yacht Club, Puerta del Sol Bay Marina, Palawan
Beautiful Palawan is a bucket-list destination for many, especially those who dream of cruising its crystalline waters. Accommodating the yachting community in this island province is the Busuanga Yacht Club, which promises secure mooring amidst breathtaking white-sand beaches. Here, each vessel will benefit from a typhoon-safe harbor, easy refueling, and direct access to transportation hubs like the New Busuanga Airport. Adjoining this marina is the Puerta del Sol Bay Resort, which offers luxurious accommodations to visitors. When not atop the deck of a boat, travelers can also explore the lagoons and freshwater lakes of Coron, go shipwreck diving, or relax in the hot springs of Maquinit.
Iloilo Sailing Club, Arevelo, Iloilo City, Iloilo
Iloilo Province is home to some of the country’s most beautiful old-world architecture, a flourishing ecotourism industry, and delectably fresh seafood cuisine. What will round off an unforgettable visit to Iloilo, however, is an excursion to the Iloilo Sailing Club on a leisure watercraft. The club accepts visitors and encourages membership in the case of medium and long-stay mooring. It also hosts a number of amenities and activities, including a dinghy storage, a beach bar and restaurant, and classes for those who want to learn about sailing. In recent months, the Iloilo Sailing Club has also been a convenient meet-up point for big maritime events, such as the Iloilo-Guimaras Paraw Regatta and the Seafarers’ Job Fair.
Cebu Yacht Club, Mactan Island, Cebu
The historic Mactan Island in Cebu was the site of Portuguese explorer Ferdinand Magellan’s arrival in the Philippines. Now known as a commercial hub that hosts a prolific furniture and musical instruments industries, Mactan is also the location of the Cebu Yacht Club, an institution that is beloved by the locals. Aside from being an ideal spot to restock on much-needed fuel and supplies, the Cebu Yacht Club is also a trusted club to commission for boat repairs. There’s a good vibe in this club for everybody, as it sports both luxury accommodations and a waterfront strip of restaurants that laid-back diners can frequent. MINDANAO
Holiday Oceanview Marina, Samal Island, Davao del Norte
The Holiday Oceanview Marina is a major attraction of Samal Island in Davao del Norte Province, one that welcomes Filipino and foreign yachtsmen alike to moor within its premises. The space is quite roomy, in fact, with 56 berths that can fit vessels up to 15 meters in length. The club also has a boat ramp that can accommodate boats up to 18 meters in length. The well-guarded and weather-safe marina is a gateway to some of Mindanao’s finest attractions, such as the Pearl Farm, Hagimit Falls, and Giant Clam Sanctuary.
There’s no better way to discover the Philippines from end to end than getting onboard a seaworthy vessel and going on a long cruise, with stops in some of the most beautiful places in the country. Find a safe harbor in any of these major clubs and marinas, and participate in the renaissance of sailing in the Philippines.
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Pacific Pearl
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PACIFIC PEARL yacht NOT for charter*
29.57m / 97' | azimut | 1990 / 2014.
Owner & Guests
Cabin Configuration
- Previous Yacht
The 29.57m/97' motor yacht 'Pacific Pearl' was built by Azimut in Italy. She was last refitted in 2014.
Guest Accommodation
Pacific Pearl has been designed to comfortably accommodate up to 8 guests in 4 suites comprising one VIP cabin. She is also capable of carrying up to 5 crew onboard to ensure a relaxed luxury yacht experience.
Range & Performance
Built with a GRP hull and GRP superstructure, with teak decks, she benefits from a semi-displacement hull to provide exceptional seakeeping and impressive speeds. Powered by twin diesel MTU (12V183TE) 12-cylinder 1,000hp engines, she comfortably cruises at 14 knots, reaches a maximum speed of 20 knots. Her water tanks store around 2,498 Litres of fresh water.
*Charter Pacific Pearl Motor Yacht
Motor yacht Pacific Pearl is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.
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COMBINED NOTICE OF APPOINTMENT AND FIRST MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION Paragraph 436E(3)(b) - Regulation 5.3A.03A and Paragraph 450A(1)(b) - Regulation 5.3A.07A - Administrators Appointed | Published : 31/08/2023 | Appointment Date : 29/08/2023 | ASIC Published Notices ... Pacific Motor Yachts Pty Ltd: ACN: 608 128 285 ...
The failure of Pacific Motor Yachts underscores the risk of manufacturing and sourcing products overseas. The global luxury yacht sector is expected to expand to US$13.67bn by 2030 but had faced ...
Find company research, competitor information, contact details & financial data for PACIFIC MOTOR YACHTS PTY LTD of COOMERA, QUEENSLAND. Get the latest business insights from Dun & Bradstreet.
The Victorian man has lost $1.45m in the collapse of Pacific Motor Yachts, a Gold Coast-based company that compared its luxury vessels to six-star resorts. Mr Hollingsworth, 63, said he put down ...
Luxury boat builder Pacific Motor Yachts's $23m collapse leaves customers high and dry. A Gold Coast builder of luxury yachts has collapsed leaving customers' million-dollar vessels stranded in Chinese boatyards. Not enough coverage to generate an Article Assistant.
The 26.51m/87' classic yacht 'Discovery' (ex. Holiday) was built by Pacific Motor Boat at their San Pedro, California shipyard. Range & Performance. Discovery is built with a wood hull and wood superstructure, with teak decks. Discovery comfortably cruises at 8 knots, reaches a maximum speed of 12 knots with a range of up to 1,200 nautical miles.
Length 85.2m. Year2010. Pacific. 2010. |. Motor Yacht. Pacific is a custom motor yacht launched in 2010 by Lurssen Yachts, in Germany. Lürssen has remained a family-run German shipyard since its inception in 1875 and is now in its fourth generation of private ownership. The company was founded by Friedrich Lürssen with a desire to create a ...
Known as Project Josi by the Lurssen shipyard, Pacific was designed by the Argentinean architect German Frers, known for sailing yachts, and Bannenberg & Rowell from London.Pacific is a 85.20m (279.52 ft) luxury motor yacht. She was built by Lurssen in 2010. With a beam of 16.00m and a draft of 4.10m, she has a steel hull and aluminium superstructure. This adds up to a gross tonnage of 2959 ...
Pacific Motor Boat Design - Classic Motor Yacht design, restoration, maintenance, and operations. Rick Etsell is a consulting naval architect and professional engineer, based in Anacortes, Washington, near the San Juan Islands. His career has spanned over 35 years, encompassing: shipyard production engineering. naval architecture design.
I was talking with Nordhavn's vice president Jim Leishman at the time, about the delivery of the company's new 414-ton 120-footer across the Pacific Ocean last summer from China, through the Bering Sea and the Aleutians, across the Gulf of Alaska, and down the Inside Passage to Vancouver, British Columbia. Leishman, his brother Jeff, and a ...
She is an exceptional motor yacht built by Pacific Mariner in 2005 to the highest standards. CAROLINA PACIFIC yacht at Fraser. She is an exceptional motor yacht built by Pacific Mariner in 2005 to the highest standards. ... Yacht Crew Administration; Yacht Crew Training; Contact a Crewing Specialist; Featured yachts; ULTIMATE LADY 28M; featured ...
NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION Subsection 439A(1) Insolvency Practice Rules (Corporations) 2016 s75-40(1) - Administrators Appointed | Published : 25/09/2023 | Appointment Date : 29/08/2023 | ASIC Published Notices ... Pacific Motor Yachts Pty Ltd: ACN: 608 128 285: Company: Cobalt of Australia Pty Ltd ...
Pacific Motor Yachts Australia, Coomera, Queensland, Australia. 109 likes. A proud Australian company that distributes a vast range of hand-picked, preloved boats of timeless
FIRST MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION (COMBINED) - 436E(3)(b) APPLICATION FOR WINDING UP ORDER - 465A(1)(c) ... Pacific Motor Yachts Pty Ltd: ACN: 608 128 285: Company: Cobalt of Australia Pty Ltd: ACN: 615 333 518: Trading name: "Cobalt Boats of Victoria" & "Cobalt Boats of Queensland"
The Pacific yacht, crafted by the renowned Lurssen Shipyard, is a testament to maritime excellence. Delivered in 2010, this vessel is a perfect blend of elegance and engineering prowess. ... The company was founded in 1875 and is known for building custom-made motor yachts, with sizes ranging from 50 to 180 meters in length. Lurssen yachts are ...
Sort by: Length desc Length asc. Reset all filters. DISCOVERY. Pacific Mb 26.52m •1931. Pacific Motor Boat. company profile and searchable list of superyachts, including luxury yachts for sale and for charter by Pacific Motor Boat.
The Secretary of Transportation, as represented by the Maritime Administration (MARAD), is authorized to issue coastwise endorsement eligibility determinations for foreign-built vessels which will carry no more than twelve passengers for hire. ... PACIFIC SUN (MOTOR); Invitation for Public Comments. A Notice by the Maritime Administration on 03 ...
Benetti will be showcasing their 213' (65m) motor yacht, TRIUMPH, at the upcoming Palm Beach International Boat Show. The large yacht boasts five enclosed decks, a sundeck, touch-and-go helipad, and a 750 square foot beach club. On the yacht interior, guests may experience repose in the 1,400 square foot master suite, complete with outdoor ...
Moscow is an oasis of green spaces. The city has more than 140 natural areas. According to World Atlas, 54 percent of Moscow's area are covered by public parks and gardens, so Moscow was ranked number one among the greenest cities in the world. The Flotilla consists of seven river yachts sailing along the Moskva River with designer ...
PACIFIC PEARL yacht at Fraser. She is an exceptional motor yacht built by Azimut in 1990 to the highest standards. ... PACIFIC PEARL yacht at Fraser. She is an exceptional motor yacht built by Azimut in 1990 to the highest standards. Buy. Buy a yacht. Yachts for sale; New to the market; ... Yacht Crew Administration; Yacht Crew Training ...
Buy tickets. River Cruise aboard a River Palace Yacht from City-Expocentre (International Exhibition) HIT SALES. Daily, from April 27, 2024. Departure from the berth City-Expocentre (m. Vystavochnaya), mooring place "A". Cruise duration 3 hours. We invite you on a river cruise aboard a premium class panoramic yacht starting from the main Moscow ...
The Manila Yacht Club only welcomes visitors who arrive by boat, and it charges an initial security deposit of USD 750 upon arrival. Club membership is mandatory for medium and long-term mooring of boats. Subic Bay Yacht Club, Zambales. The Subic Bay Yacht Club, which was founded in 1998, upholds itself as the country's premier yacht club.
The 29.57m/97' motor yacht 'Pacific Pearl' was built by Azimut in Italy. She was last refitted in 2014. Guest Accommodation. Pacific Pearl has been designed to comfortably accommodate up to 8 guests in 4 suites comprising one VIP cabin. She is also capable of carrying up to 5 crew onboard to ensure a relaxed luxury yacht experience. Range ...