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This will be a fun listing to track!

Discussion in 'General Yachting Discussion' started by 993RSR, Mar 22, 2023.

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  1. 993RSR, Mar 22, 2023
    #1
    993RSR

    993RSR Senior Member

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    IYC welcomes 141' (42.97m) Ares Marine Inc. JUST ENOUGH to its sales fleet.

    A high-volume design from Ares Custom Yachts, she was delivered in 2012, refitted in 2018 and 2023, and is in immaculate condition. Her established successful charter program and excellent revenue prospects make her an attractive investment for any business-savvy owner.

    Reality: Ft. Lauderdale service guy bought a Broward hull around 88-92 feet, late 80's build if memory serves in order to side step some coast guard rules. He used that hull (super stretch/ 21' beam max) to build this boat. Crazy narrow at this length. How can it be registered as a 2012? Or is it?
    Most of the initial work and machinery were done at Lauderdale Marine Center before the "investor" pulled the plug and she was auctioned unfinished.
    This will be a maritime attorneys dream transaction!

    popcorn please with lots of butter
  2. Ken Bracewell, Mar 22, 2023
    #2
    Ken Bracewell

    Ken Bracewell Senior Member

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  3. 993RSR, Mar 22, 2023
    #3
    993RSR

    993RSR Senior Member

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    This ole girl has lots of stories to tell.

    First question: Does IYC know what they have here? Concerning that they say delivered in 2012 not that it is a 2012 model or model year or built but I did not check their site. Since the hull was laid in 1988~ I thought that would follow her re-make.
  4. captholli, Mar 22, 2023
    #4
    captholli

    captholli Senior Member

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    This vessel had a crazy history well before its incarnation of "Just Enough". The vessel in question started life as hull #222 @120 ft. & 22 ft beam with triple Cat 3412 installed & was named " La Bonne Vie" being built in the Saugatuck MI. yard in 1989. She was never finished completely interior wise for the contracted owner out of Boston and Palm Beach due to the hundreds of owners generated change orders delaying the build and production schedule of the MI. yard, but she was finally finished interior and paint wise as a spec boat in the Ft Lauderdale yard by Gertrude Denison / Yacht Interiors before being sold and named "Cajun Princess" in 1990. This vessel had many Broward firsts like an ECR (engineer control room) along with the triple engine power plant installation and a commercial Ray-Cass integrated radar plotting system etc. considered cutting edge "high tech stuff" at the time. The contracted owner traded his smaller 111ft Broward "La Bonne Vie" / ex "Mayacca" and cash for John Staluppi's go fast "Octopussy" during the build of hull #222 and lost interest in finishing the vessel so after defaulting on the contract for the 120' he actually brought litigation against Broward Marine and prevailed allowing him to recoup his money on the unfinished build. The vessel changed hands a few more times before being purchased by the two partners in the early 2000's and basically was stripped down to bare shell plating with the cabin trunks / superstructure removed along with all machinery and interior bulkheads and rebuilt entirely along with 60 % of a new keel being welded in allowing the vessel to be titled and registered as a 2012 new build.
    FlyingGolfer, cleanslate and YachtForums like this.
  5. gr8trn, Mar 22, 2023
    #5
    gr8trn

    gr8trn Senior Member

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    Does this listing indicate that no matter the level of boat, there are brokers that are looking to hoodwink unknowing newbie buyers? Buyer beware of course is the way to go on any boat, even new. But my goodness.
  6. Capt Ralph, Mar 22, 2023
    #6
    Capt Ralph

    Capt Ralph Senior Member

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    Where is the hoodwink?

    There was a lot of FBI history on my last truck purchase.
    Truck runs good, I'm happy. I'm not to worried about it's history.

    If the boat runs and clear title, It's just a custom boat. The boats history may be entertaining but not necessary.
    Young, ex-used car sale pukes, may not be old enough to remember the boats history, nor care.
  7. gr8trn, Mar 22, 2023
    #7
    gr8trn

    gr8trn Senior Member

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    That is what I asked. I didn't say there was a hoodwink. I asked if this was another example of such.
    If Captholli is correct representing a boat as launched in 2012 that was launched much earlier is suspect.
    Agree, it may be surveyed and found to be ship shape and sound-ish despite the history.
    You may be correct, current broker is not interested in researching listings.
    Funny how the history is pretty well known though.

    Fine if not a hoodwink, not even an ommission. Like all good sales people, don't look, don't tell.
  8. cleanslate, Mar 22, 2023
    #8
    cleanslate

    cleanslate Senior Member

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    To me panache and history is important.
    I would be highly disappointed to find all this out after purchasing the vessel.

    To me it would always be a 1989 / 1990 boat , no matter what.
    Along with the bad Ju-Ju history to add insult to injury.

    Yuck .
  9. 993RSR, Mar 23, 2023
    #9
    993RSR

    993RSR Senior Member

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    As I understand it if she were documented in the US she would be shown as the build date of 1990~ when the keel was laid.
    Surprised the owners could avoid the build date with the foreign flag. Assuming that is the case.
    There could be a full disclosure statement that is shared with a buyer as your interest progresses.
  10. 993RSR, Mar 23, 2023
    #10
    993RSR

    993RSR Senior Member

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    From the yachtworld listing:

    Brief History of Just Enough
    Creating a custom yacht is usually a matter of turning a buyer’s vision into reality. There can be many changes in direction and ideas along the way, the key to success is keeping these in balance. The exception is a yacht builder building a yacht on speculation. In that case, the builder has to be an acting buyer, hoping to get it right for the ultimate buyer without having to “redo” too many things. In the case of JUST ENOUGH, the yacht started as a “refit” project and ended up a 95% newly constructed yacht with many changes along the way, like putting the vessel into RINA class. The work was performed by Ares Custom yachts with many yacht projects to their credit and were finalists in the International Superyacht Society’s “Best Refit of the Year” competition. Below is a synopsis of the JUST ENOUGH project.

    Quoting from the Ares website: “The ARES 140’ was conceived and executed with a unique blend of attributes making her an ideal combination of all of the best a yacht can offer. Her design centered on a striking contemporary silhouette, a trim, yet stable hull for extended passage making and systems and safety equipment compliant with world-class standards.

    Let’s start with her proportions. The low profile is conspicuous and elegant, yet also beneficial for improved stability and reduced windage. Her hull is slender and designed for maximized efficiency at sea without sacrificing safety or comfort. At a manageable 140’ she contains accommodations for 20 and has extravagant spaces for entertaining. Her 23’ beam, can fit into standard stern-to slips, and her 6' 9" draft can visit the shallow ports of both the Caribbean and the US East Coast.

    Her construction and design are impeccable. ARES 140 is built on a specially prepared existing hard chine semi-displacement hull which is framed transversely and longitudinally. Lightweight, high-performance engines were selected to maintain operational speed, yet lend more space back to the interior. All mechanical systems, including shafting, piping, electrical, HVAC, and steering, use top-quality components and are certified to RINA Yacht Class standards.
  11. captholli, Mar 23, 2023
    #11
    captholli

    captholli Senior Member

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    There are a few other Broward's out there with classification societies "new build" certificates and one that comes to mind is the vessel "Serque" that was a massive rebuild @ LMC and was issued new build paperwork by the Marshall Islands registry. The one common denominator with both of these vessels was the keel lengthening and % of new alloy welded when the running gear was relocated further aft with the extensions allowing the issuance of a new build certificate. "Serque" started life as a 1995 build and was issued a new build certificate in 2009 under Marshall Islands classification and survey.
    "Serque" certainly reflects the new build date in all aspects with the exception of the basic hull, integral tankage and shaft logs transversing through the aft tanks as it was gutted down to the bare frames whereas "Just Enough" retained much if not all of its major electrical installations such as transformers and main switchboard in the ECR along with ground tackle installations of anchor pockets and windlasses etc. etc.