Hunter declares Chpt 11 BK - Page 8 - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > General Interest > General Discussion (sailing related)
 Not a Member? 


Like Tree21Likes
Reply
 
LinkBack Thread Tools
  #71  
Old 05-02-2012
ehmanta's Avatar
Sailing Junkie
 
Join Date: Sep 2006
Location: Virginia
Posts: 296
Thanks: 1
Thanked 0 Times in 0 Posts
Rep Power: 9
ehmanta is on a distinguished road
Re: Hunter declares Chpt 11 BK

Quote:
Originally Posted by Minnewaska View Post
Sequitur is a Hunter 49 that is more than half way around two continents right now. Not exactly entry level.
Sorry if my post is misleading, I said that they provide a decent entry level boat, BUT.....I did not expand on the rest of their line.......However, the part where they deliver the most boat for the buck still applies
Hunter builds boats from 15 to 50 feet with an emphasis on entry level boats.
Reply With Quote Share with Facebook
  #72  
Old 05-02-2012
Senior Member
 
Join Date: Oct 2007
Location: Brazil
Posts: 917
Thanks: 3
Thanked 21 Times in 20 Posts
Rep Power: 7
copacabana is on a distinguished road
Re: Hunter declares Chpt 11 BK

Now I understand Paulo! It's just that in English the word "American" always means USAian . In Brazil USAians are called "norteamericanos", which is even more confusing because Canadians also think of themselves as "North Americans". Brazilians don't call themselves Americans, nor do Argentines. In fact, we now think of ourselves as "Mercosul". Confusing enough?? Anyway, I suppose we also lump all of you guys together as "Europeans" ... But it still stands that Argentina has terrific nautical engineers and designers and seem to have an influence world-wide far in excess of their small population.
__________________
Vindö 50
Reply With Quote Share with Facebook
  #73  
Old 05-02-2012
Senior Member
 
Join Date: Jan 2003
Location: Severna Park
Posts: 437
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 12
sneuman is on a distinguished road
Re: Hunter declares Chpt 11 BK

Interesting: if you do a search for their major creditors it's all financing and business services - not nuts and bolts or boat bits. Don't know enough about Chap11 filing to know if that's the norm or not.
Reply With Quote Share with Facebook
  #74  
Old 05-03-2012
MikeinLA's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 515
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 9
MikeinLA is on a distinguished road
Re: Hunter declares Chpt 11 BK

It's a shame about Hunter, but not a surprise given the economy. When real estate values plummet and unemployment soars, the toys are the first thing to go. Seriously, have you priced a new boat lately? It would take someone with a very large savings account or immense job confidence to sign on for a new boat these days. Unfortunately there are a lot less folks in that position today. Add in fuel costs for power boaters and it's like the final nail in the coffin. I hope they survive, their interiors are very nice.

Mike
Reply With Quote Share with Facebook
  #75  
Old 05-03-2012
Senior Member
 
Join Date: Aug 2011
Location: East Stroudsburg, PA
Posts: 170
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 4
anthemj24 is on a distinguished road
Re: Hunter declares Chpt 11 BK

I know this is probably heretical to say here, but is it really so horrible that fewer people will be boating? I actually enjoy having more of the water to myself. Younger people today seem to be more interested in lower overhead sports like kayaking, hiking, rafting, mountain biking, etc. I say let them, I can still sail and have more space to do it in. Owning a large boat is a huge commitment and expense for what is largely a seasonal activity. Maybe people are just making a judgement call that they would rather spend less, work less, and go kayaking or biking rather than sailing or water skiing. I would encourage them to do that, not discourage them.

As far as the doom and gloom about the economy and middle class, we are in a different world than 20 or 30 years ago. In fact it is so different that I am not sure there are any metrics accurate enough to compare the standards of living. Globalization has put downward pressure on salaries of some professions to be sure, however there has also been somewhat of a revolution in everything we spend money on. There are tons of things we would have had to spend money on in the past, which are absolutely free today. That is a trend which is likely to continue. A bigger free economy is a far greater equalizer of opportunity than stone age industrial jobs at a steel plant, mill, or car company. For those who can only see the dark clouds overhead, I really feel bad for you. One day history will look back at this as one of the greatest times of opportunity, and instead of appreciate the very special moment of history we are occupying, instead spent it bemoaning the fact that it is now hard to get a crappy job doing miserable work that pays well.
rugosa likes this.
Reply With Quote Share with Facebook
  #76  
Old 05-03-2012
Senior Member
 
Join Date: Jan 2003
Location: Severna Park
Posts: 437
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 12
sneuman is on a distinguished road
Re: Hunter declares Chpt 11 BK

Luckily we live in The Age Of Fiberglass. Plenty of boats to go around - some are old and in need a bit of work, but then that just separates the men from the boys (or the women from the girls, as the case may be).
Reply With Quote Share with Facebook
  #77  
Old 05-03-2012
DRFerron's Avatar
A mod and her dragon
 
Join Date: Nov 2005
Location: SE Pennsylvania
Posts: 3,914
Thanks: 57
Thanked 133 Times in 123 Posts
Rep Power: 10
DRFerron is on a distinguished road
Re: Hunter declares Chpt 11 BK

Quote:
Originally Posted by anthemj24 View Post
I know this is probably heretical to say here, but is it really so horrible that fewer people will be boating? I actually enjoy having more of the water to myself.
This is similar thinking to the people who live in the housing developments being built near me on former farmland, after they get their house, complain about the loss of open space and farmland when the farmer down the road wants to sell his land to a developer so that he can enjoy his retirement.

JimMcGee likes this.
__________________
Donna


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Catalina 30 TRFK

Contributing Editor
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
magazine

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Rock Hall Cruising Station

All things that are, are equally removed from being nothing. John Donne
Reply With Quote Share with Facebook
  #78  
Old 05-03-2012
MikeinLA's Avatar
Senior Member
 
Join Date: Jul 2006
Posts: 515
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 9
MikeinLA is on a distinguished road
Re: Hunter declares Chpt 11 BK

Quote:
Originally Posted by anthemj24 View Post
is it really so horrible that fewer people will be boating?
A while ago I started reading about all the people dumping their boats due to the economy, so I decided to shop around for a new slip. I found vacancies at every marina in Marina del Rey and was able to negotiate my monthly slip rent down from $ 680 to $ 525. Not bad.

Mike
Reply With Quote Share with Facebook
  #79  
Old 05-05-2012
Senior Member
 
Join Date: Aug 2011
Location: East Stroudsburg, PA
Posts: 170
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 4
anthemj24 is on a distinguished road
Re: Hunter declares Chpt 11 BK

Quote:
Originally Posted by DRFerron View Post
This is similar thinking to the people who live in the housing developments being built near me on former farmland, after they get their house, complain about the loss of open space and farmland when the farmer down the road wants to sell his land to a developer so that he can enjoy his retirement.

I don't know that it is quite like that. If people are out on the water, I don't spend my time complaining about them. They have every right to use the water, just as I do. I just don't see what is so bad about it being less crowded out there.
Reply With Quote Share with Facebook
  #80  
Old 05-06-2012
JimMcGee's Avatar
Member
 
Join Date: Jun 2005
Location: Barnegat Bay, NJ
Posts: 1,401
Thanks: 22
Thanked 32 Times in 30 Posts
Rep Power: 10
JimMcGee is on a distinguished road
Re: Hunter declares Chpt 11 BK

Quote:
Originally Posted by anthemj24 View Post
I don't know that it is quite like that. If people are out on the water, I don't spend my time complaining about them. They have every right to use the water, just as I do. I just don't see what is so bad about it being less crowded out there.
Marina owners will be feeling squeezed. Fewer power boats out there means lower fuel sales, less revenue from their repair shops and less revenue from slip rentals.

If the double whammy of high fuel prices and a stagnant economy stay in place I'd expect to see some marinas close as well.

Less crowded is nice for a quiet saturday sail, but not so great for the industry as a whole.
__________________
95 Catalina 30 Island Time

If a man is to be obsessed by something, I suppose a boat is as good as anything, perhaps a bit better than most" - E.B. White
Reply With Quote Share with Facebook
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
hunter 320 ssardone Hunter 0 04-17-2010 01:16 PM
Hunter 260-Help! Claudia1002 General Discussion (sailing related) 3 04-04-2010 02:52 PM
Fwd: [hunter] boat 1979 Hunter for Sale $9,900 located in Florida NewsReader Mass Bay Sailors 0 08-25-2006 12:15 PM


All times are GMT -4. The time now is 02:44 AM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.