marten yachts new zealand

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Marten Yachts

Marten Marine was founded in New Zealand by Steve Marten in 1972. Marten Marine established an international reputation for composite yacht construction ranging from luxurious cruising yachts through to America’s Cup and other racing yachts. (Builder of the famous KZ1 that raced against Dennis Conners catamaran in the 27th Americas Cup.) In 2005, the company became part of Azzura Marine of Australia. CONTACT: Marten Yachts 27 Waterway Drive Coomera QLD 4209 Australia Tel: + 61 7 5573 6055 Fax: + 61 7 5573 6149 www.martenyachts.com - no longer active.

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LADY K 77' (23.47m) Marten Marine Yacht for Sale

Posted August 24, 2023 in Brokerage & New Build by Ashleigh King

The 77’ (23.47m) Marten Marine-built LADY K is now for sale with Yacht Broker Brian Commette. The luxury sailing yacht is asking $1,950,000.

LADY K is a true “go anywhere” yacht crafted to the highest standards by Marten Yachts in New Zealand. Naval architecture, interior design and engineering were done by Bill Tripp, Jr. Martin Yachts’ history in producing America’s Cup contender vessels is a testament to the capabilities, comfort and performance of LADY K. She combines strength and minimal weight and her carbon fiber main and mizzen masts, crafted by Martin Marine / Southern Spars were equipped with ECSix standing rigging in 2021. The boom furling system ensures efficient sail control and seamless reefing, while the low-aspect ketch rig provides versatility in sail options.

With her lifting keel, (6’8” draft) LADY K has access to the most coveted and inviting anchorages worldwide.

With accommodations for up to eight guests in four cabins and a crew of two, LADY K ensures a comfortable sailing experience. Three guest cabins are aft and the owner’s cabin is full beam with a centerline queen berth, a small settee and separate head and shower compartments.

The sailing yacht’s interior was thoughtfully designed to feature an abundance of natural light and a relaxed layout, perfect for socializing. The forward-facing navigation and helm station offer prime visibility, while the raised dinette acts as the prime conversation or dining area. To port is an additional settee and the lower salon and galley are centrally located with overhead glass.

LADY K’s exterior, penned by Bill Tripp, combines modern with classic. Her profile is just as elegant as it is functional. Twin staircases lead to a swim step with toy storage. The cockpit, featuring dual helms and a central table, offers protection and clear visibility. LADY K’s exterior decks are low-maintenance with no woodwork or teak, ensuring safety and practicality. Wide, uncluttered side decks and hidden tender storage streamline launch and retrieval.

Contact Brian Commette for more information on this yacht for sale. Contact N&J’s press team for media requests and photos of this yacht.

If you’re interested in  buying  or  selling a yacht , contact the professional team of yacht brokers at Northrop & Johnson today. As a world-leading yacht brokerage, Northrop & Johnson offers access to thousands of luxury  yachts for sale  around the world, including private yachts not publicly advertised for sale. From yacht sales to new construction, contact our team of  yacht brokers  to get the results you need.

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• The Marketplace Forums can be useful for members who know one another well from forum discussions and offline communications and wish to post boatbuilding tools, drafting tools, molds and tooling, and other professional equipment for sale or trade. However, caution and good judgement should always be used. Especially when considering any business with anyone not already well known to you and trusted, due diligence must be used to confirm details and identity and be sure the transaction is safe before any money or property changes hands. Always use good judgement and perform due dilligence and follow these guidelines.

Marten Yachts, NZ bankruptcy

Discussion in ' Marketplace ' started by brian eiland , Feb 27, 2005 .

brian eiland Senior Member

I saw this report in one of the trade publications, and wondered if anyone had some more info on why this might have come about in that robust boat industry of New Zealand? "One of the world's leading shipyards, Marten Yachts of Auckland, New Zealand, has filed for liquidation. Over the years, the yard has been responsible for building some of the world's best known race boats, including Ellen MacArthur's Kingfisher, America's Cup yacht KZ 1 and various performance cruisers such as the 19.8m (65ft) Spirit of Adventure and the 20.1m (66ft) Pinta Smeralda. The NZ Companies Office listed Marten Yachts' claim for bankruptcy on its website last week, and the news has since been confirmed by the Marine Industry Association (MIA) of New Zealand."  

CDBarry Senior Member

Just because you can sell the boats doesn't mean you can make them at a profit. Palmer Johnson also went under a year ago or so and was bought. "We lose a little bit on each one but make it up on the volume" might be a funny joke but... Rec boat builders, especially custom "I'm in it for the art ..." often have quite low productivity and don't know about the tools to improve. The techniques are all out there for anyone to find out about: Lean, Six Sigma, 5S, TQM are all established manufacturing industry techniques. Get Journal of Ship Production, belong to APICS or SME, etc.  

D'ARTOIS Senior Member

This will not be the last one..... I get bad reports from people involved in yachtsales.......  

RThompson Senior Member

The Yacht industry has had it coming for a while. Like D'Artois says, it will not be the last. I come from NZ and it is a saddening bit of news to get - Marten Yachts are iconic. Through the '90 s the growth of the yacht building industry in Auckland (and the rest of NZ) was explosive. The whole America's Cup circus came to town for a while. The government invested heavily in the yacht industry. All of a sudden builders who had been building 6 to 14 metre boats were building 20 to 30 metre boats. New megayacht yards sprung up all over the place (well two or three anyway). The NZ dollar compared very favourably with the USD and Euro/Pound. Unfortunately, I think it may have been to much, to fast. The infrastructure and mentalities of the industry were overwhelmed, then the booming market was taken for granted. (keeping in mind the majority of the industry is within a population of about 1.2 million people) Indeed new yacht sales world wide have been booming. What goes up, will probably come down. I see that several of the bigger (NZ) yards are suffering. The previous unsatisfied demand for tradesmen is in decline. I think the stockmarket term is "correction". However, I believe that the quality of boats coming out of NZ will not suffer. Yards may close and profits shrink, but the national pride of boat building standards will be maintained. I am sorry to learn of Marten Yachts in trouble. They are one of the old guard. Rob  

Boatbuilding in NZ, post AmCup I have tried to maintain a watch on the boatbuilding situation in NZ as I have always though (and recommended) that it was one of the best places in the world to build....and primarily as it is just a national pride, and they have such a dedicated and skilled labor supply. I particularly liked their skill with wet-preg epoxy layup verses pre-preg systems. In fact ALL of their skills advanced at a very significant level. I was concerned that these capabilities might be overbuilt considering the slow down that would eneviably occur after the lost of the Cup and the narrowing of the currency exchange with the dollar. I had a friend who looked at building a power cat in NZ several years ago, but found the industry a bit TOO busy at the time, and the price a little more than he had hoped to pay. I imagine one might strike a better deal at this time?  

END OF AN ERA Auckland, NZ - Over the years, at least seven America's Cup yachts - including KZ 7, New Zealand's plastic fantastic - and ocean-going battlers such as Kingfisher for British solo sailing star Ellen McArthur, two Grant Dalton Whitbread entrants and many cruising boats took shape at Marten's Auckland yards. With the boom brought on by New Zealand's America's Cup reign, it looked like Marten was in a dream position in a dream industry. The dream ended this month when Marten Yachts collapsed. The voluntary liquidation of his company has come at a time when the marine export industry is struggling after years of tremendous growth. Two main factors are raised as the reason for the slump: the rise and rise of the Kiwi dollar, which this week hit 73.05USc, the highest level since it floated in March 1985; and the loss of the Auld Mug to Alinghi in 2003. In the past year, exports have dropped, companies have laid off staff, and the industry has been through a major overhaul, leading to the redundancy of one of the men who led it through the heady days. Documents relating to Marten Yachts' could just as easily tell the story of the industry as a whole. "The liquidators have been advised that the business had begun to experience trading and cash-flow difficulties as a result of the generally depressed state of the industry," says the liquidators' first report. "In addition, the strengthened New Zealand dollar has made the purchase price of yachts produced by the company much more expensive to foreign purchasers, thus precluding desired new contracts from being signed." In the weeks leading up to the February 10 collapse, Marten tried to seal a contract for a large boat to keep the company afloat. But the efforts were in vain and the company was left with liabilities of $6 million, almost $2 million more than assets, as assessed at the time of the liquidation. Three yachts were under construction, including one for German businessman and sailing enthusiast Michael Illbruck, and discussions are underway with the owners. Experts predict more companies will close as the industry adapts. By the Marine Industry Association's reckoning, many companies were close to dire straits - with dangerously low numbers of orders - in the six to 12 months after the loss of the Cup. Excerpts of a story by Eugene Bingham in the NZ Herald. Full story: www.nzherald.co.nz/index.cfm?ObjectID=10112676  

So there we go... Still not very good news, but on the other hand it probably is a good time to look at building a boat there. Rob  

Unfortunately, it is very easy to get into a cash flow crunch in any business with a small number of very expensive projects that take significant time.  

Sailor J New Member

I know this thread is old, but I am considering buying a used Marten 49 (early stages) and wonder if there is any follow up information? Is Marten/Azzura gone for good? Is there anyone around to provide support or parts (it's a sophisticated vessel)? Will Reichel-Pugh provide technical advice? Other boats currently on the short list are Swan 45 and J145 (but it may expand). Martens are pricey compared to these. What is the boat's reputation - both design and build quality? Did they race against any comparable boats in Aussie/NZ and how did it turn out? How have the high tech features faired? I'm thinking fold out anchor and lifting keel. For me the lifting keel is the most exciting thing on the boat, but only if it works! And what holds it down? I'd hate to imagine 7000 pounds crashing through the floor if the boat ever rolled. I've had several J Boats and getting advice from the Johnstone's was one of the best things about them. What happens with Marten?  

One problem with building yachts outside of the dollar or Euro zone is that exchange rate movements can really hurt. If you are building yachts outside of the major currency areas, find out about hedging exchange rates.  

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Charlier77 New Member

Sailor J I sail on one of 3 Marten 49's in Fremantle, Australia and they are great boats. They have done well in most races they enter and so far repairs have been no issue. Email me for more details please.  

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NEW ZEALAND MARTEN

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NEW ZEALAND has 1 Photos

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A Summary of Sailing Yacht NEW ZEALAND

The large superyacht NEW ZEALAND is a sailing yacht. This 40 metre (132 ft) luxury yacht was developed by Marten in 1988.

The New Build & Designing for Luxury Yacht NEW ZEALAND

Built at Marten this yacht was built in the country of New Zealand. She was officially launched in Auckland in 1988 before being transferred to the owner. The material GRP composite was used in the building of the hull of the sailing yacht. Her superstructure above deck is fashioned from grp.

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The luxury yacht NEW ZEALAND displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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NEW ZEALAND ENDEAVOUR Yacht Layout & GA Plans

25.7m  /  84'4 | marten | 1993.

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