Hatteras Motor Yacht GT70 to Launch in 2014
Since we specialize in motoryachts in the 70’ to 140’ range, the new Hatteras GT70 caught 26 North Yachts’ attention with a recent announcement. Hatteras stopped production of the Convertible 68, leaving a hole in their tournament-class Convertible sportfish series of about 14’ (between the Hatteras GT63 and the 77 Convertible).
The Hatteras GT Series showcases unparalleled performance and seakeeping. At a minimum, each model in the series reaches top speeds of 41 knots at full load, cruising at 36 knots and a range in excess of 400 nautical miles. Resin infusion technology in a solid fiberglass bottom hull enables the superior performance. This build thus marries increased strength with lighter weight than a hand-laid motoryacht.
With the classic styling of the GT Series, Hatteras gives a nod to the glorious yesteryear of sportfishing and family cruising—a striking bow flare, a well-proportioned foredeck, sleek deckhouse and optional teak for the coaming boards and cockpit sole. While still keeping comfort in mind, the GT Series is all about the fishing with a cockpit with dedicated tackle center, in-deck fish boxes and a convenient recirculating live well at the transom. Handy compartments abound for gear, gaffs, boat hooks and rods. The GT Series also features robust electrical and mechanical systems encased in quality construction. All told, expect speed and style in a soft ride, luxurious styling, long-lasting quality and a solid build. The Hatteras GT Series now features models GT54, GT60, GT63 (and GT63 Enclosed Flybridge) and the GT70.
The GT70 will launch in 2014. She’ll offer four options in interior layouts, but they’ll all include four double guest cabins, three heads and one crew cabin berth with a private shower head. The master is located amidships to starboard on the lower deck with a double berth. On the main deck, an internal stairway to the flybridge is one of the layout options as is a salon day head. Twin CAT 1900s will come standard.
Hatteras made the definitive 26 North Yachts’ Top 10 Motoryacht Builders’ list. With durable hulls and luxury interiors, Hatteras is considered a leader in advanced hull development and propulsion systems. We’ve found that this famous boat builder will not disappoint buyers seeking a combination of luxury and innovation.
Willis Slane launched the first fiberglass sportfishing motoryacht in 1960, 41-foot KNIT WITS, starting the legacy of Hatteras’ convertibles and motoryachts nearly 53 years ago. Hatteras has been a bit topsy-turvy with ownership in more recent years, recently being acquired in August 2013 from Brunswick by Philadelphia-based Versa, an affiliate of Versa Capital Management LLC, a private equity investment firm with $1.3 billion of assets under management. Hatteras-CABO chief executive officer John Ward noted that it didn’t seem that Versa would begin selling off assets and that they would indeed continue their product development and investment in the company. Apparently Ward, a 24-year marine executive with former roles at Boston Whaler and Mercury, will continue in his current role as president and CEO. He took the opportunity of the sale to reinforce Hatteras-CABO’s commitment to American manufacturing.
At the time of the sale, Versa Capital CEO Gregory L. Segall noted how the economy had affected the luxury marine markets including legacy brands Hatteras and CABO, even though they have enjoyed great brand loyalty and recognition over the years as premier yacht and sportfishing boat builders. 26 North Yachts doesn’t expect any drastic changes in the styling, type or quality of the builds coming out of Hatteras and CABO.