UPDATE, NOVEMBER 20, 2022: Attracting interest from nearly three dozen qualified buyers, according to organizers, the Trinity tri-deck superyacht auction has resulted in a deal. The details, including the winning bid and the plans for completion, remain undisclosed.
Read on for our original article.
Cruising clients who want a yacht within a relatively short delivery window tend to turn to semi-custom options. A Trinity tri-deck superyacht auction next month is another option. The project is about 40 percent finished overall, therefore allowing a good deal of personalization.
Measuring 168 feet (51 meters), the yacht is currently in Gulfport, Mississippi, in a storage yard (below). John Dane, the former president of Trinity Yachts, is selling her, with assistance from Michael Joyce of Hargrave Yacht Brokerage and Boathouse Auctions, an online platform connecting pre-qualified bidders with sellers. Dane has held onto the yacht, cancelled by a customer during the recession, since a commercial-vessel company acquired the builder in 2015. That company later shut down yacht construction.
In its 27-year history, Trinity delivered more than 50 custom yachts, the largest being the 243-foot (74-meter) Cocoa Bean. When the client cancelled this contract, the aluminum hull and superstructure were 95 percent complete. They remain so today. A survey by Pliske Marine Surveyors took place this past August, with the report available for auction bidders to review.
Additionally, the Trinity tri-deck superyacht auction listing provides details about the design and construction to ABS classification, plus the equipment list. Specifically, the yacht has twin MTU engines under warranty, Quantum stabilizers, and other well-known systems. According to Boathouse Auctions, the opening bid of $1.5 million is less than that of the engines and transmissions. Furthermore, according to the original design (top), the yacht should see a maximum speed of 23 knots and cruise with 12 people in the owners’ party.
The design calls for an elevator connecting all decks, too, along with six staterooms. Naturally, the winning bidder can tailor the design as he or she sees fit. Notably, the winning bidder also will receive the survey and the estimated cost to finish the yacht. The latter is based on bids from a handful of shipyards in the United States and overseas.
“To address common concerns about how to get a yacht like this finished, the original Trinity Yachts design and engineering team can help complete the remaining drawings,” says Jack Mahoney, Boathouse Auctions’ director. “They wish to see this project completed successfully, regardless of which shipyard the buyer selects for final construction.”
Bidding begins November 11, remaining open through November 14.
Boathouse Auctions boathouseauctions.com
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