CELEBRATING THE SAVE – Janice Anne Wheeler, Sparring With Mother Nature
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Thanks to Keith Drewett for informing us of this new service:
FREE PUMP OUT SERVICE is now available to all vessels anchored or docked in Indian River County, Florida.
Sebastian River to Little Round Island.
Call: 772-268-3189
Cruisers Net publishes Loose Cannon articles with Captain Swanson’s permission in hopes that mariners with saltwater in their veins will subscribe. $7 per month or $56 for the year; you may cancel at any time.![]()
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When all else fails, try journalism. Famed Maine Schooner Goes Down in New York City, Just Like Any Other Derelict VesselRestaurant Chain Bought ‘Victory Chimes’ in 2023It became clear to me last July that if nothing had begun in converting her to a restaurant she wasn’t going to make it much further. Not sure when the took Pilot out of restaurant service, but apparently something changed for them, and they were stuck with them.—Captain Paul DeGaeta The most overused word in the English language at this moment in history is iconic. Almost everything is iconic nowadays, it would seem. Nonetheless, those overworked three syllables are the best possible descriptor for Victory Chimes, the three-masted schooner from Maine that a waterfront restaurant chain in New York City left to sink. Yeah, the boat on the tails side of the Maine quarter¹ sank over the weekend. She and Pilot, another old-timey wooden boat which also sank, were being stored at anchor by the Crew restaurant company. The sinking happened during or after a squall that was much publicized because it had hit the Tall Ships in New York for the 250th celebration while at anchor. Victory Chimes was built in 1900 as a cargo ship to work Chesapeake Bay. The 128-footer was originally named the Edward & Maude. She had no engine and relied on a pushboat for close-quarters maneuvering, a “yawl boat.” For the most part of 50 years, beginning in 1954, Victory Chimes carried passengers for hire on multi-day tours of Midcoast Maine, staging from Rockland.² With capacity for up to 10 crew and 40 passengers, thousands of visitors sailed aboard her over the decades, handling lines and eating chili and chowder out of big pots. There was great sadness at news of the sinking, and bitterness too. Captains Kip Files and Paul DeGaeta bought the boat in 1990 and operated as a passenger vessel until 2018. Here’s what DeGaeta said this week after hearing the news:
In May 2023, New York City restauranteurs Miles and Alex Pincus bought Victory Chimes at auction in May 2023 for $75,900. Under the corporate name Crew, the brothers operate several waterfront or harbor-themed restaurants, a few of which are old boats. Pilot, which sunk a day or so before Chimes, had been taken out of service as a floating eatery not too long ago. “We’ve admired Victory Chimes for quite some time. When she went up for auction, we felt a responsibility to step in and ensure her preservation. We don’t have a plan yet other than to get her into safe harbor,” the Pincus brothers said in a May 2023 statement. Brad Vogel, who covers maritime happenings in Brooklyn, said the vessel sank sometime between Friday night and Sunday. Using his screen name BoweryBird, Vogel had some harsh words for the vessel’s caretakers at Crew: In a July 6 statement, Crew company Vice President Marisa Chiarello said in part:
LOOSE CANNON covers hard news, technical issues and nautical history. Every so often he tries to be funny. Subscribe for free to support the work. If you’ve been reading for a while—and you like it—consider upgrading to paid. 1 Being on the back of a commemorative quarter in New England may not be much of a lucky charm. The New Hampshire quarter featured an “iconic” rock formation called “The Old Man of the Mountain,” which looked a lot like an old Yankee farmer’s profile. The formation collapsed in May 2003, though it continues to ironically portray a head on the tails side of the Granite State quarter. 2 Loose Cannon became familiar with Victory Chimes during his service on another, brand new three-master that also operated out of Rockland. The boat was Kathryn B, built by Treworgy Yachts in Palm Coast, Florida. I worked on the commissioning and then as a member of her crew under her owner and captain, Gordon Baxter. Unlike Victory Chimes, this 105-footer was marketed as a luxury vacation with a capacity for 12 passengers in six staterooms. Renamed Alliance, she now runs educational sails from Sutton Bay, Michigan. |
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When all else fails, try journalism. Kadey-Krogen Files for Bankruptcy Liquidation, American Tugs Too.Revenue Declines Dramatically Over Past Three YearsKadey-Krogen this week ended its 49-year run as one of America’s finest producers of full-displacement trawler yachts after filing for Chapter 7 liquidation in Deleware’s federal bankrupcy court. Nearly 700 Krogens have been built, but apparently only two were “in the pipeline” when the company called it quits Monday. Kadey-Krogen’s fall has taken the American Tug brand down with it. Kadey-Krogen acquired the LaConner, Washington-based builder of semi-displacement trawlers in May 2023. Unlike Chapter 11 bankrupcy, in which a company may continue to operate, a business that has filed under Chapter 7 ceases to exist and its assets are sold off to pay creditors. Documents on file with the court indicate that Kadey-Krogen’s secured and unsecured claims total $2.2 million. Nearly 100 creditors are listed. Tucker West of Portsmouth, Rhode Island, signed the papers. He was president and CEO. Back in 1977, marine engineer Art Kadey and naval architect Jim Krogen teamed up to create a vessel that combined the seakeeping of a fishing trawler with the yacht comfort and yacht ascetics. They were built at the Asia Harbor Yacht Builders yard in Kaohsiung, Taiwan. Krogens, as they are often called in conversation, are the yin to the yang of Nordhavn within trawler-yacht world. Nordhavn boats, made by Pacific Asian Enterprises, are generally considered the more capable bluewater performer. Krogens, though, are prettier. Trawlers, like other niche boating markets, experienced an “Covid bump” beginning a half decade ago. That is, a historic surge in sales, as affluent folks put money into outdoor lifestyles with built-in social distancing. That phenomenon has run its course, as Krogen sales revenue may reflect. The company’s 2026 drop in gross revenue was precipious. According to the banruptcy filing, gross revenue was around $14.9 million in 2024 and $10.1 million in 2025. As of the end of June, 2026 revenue was just $403,962. The documents mentioned two current boat orders. One was said to be 95 percent complete in Taiwan and 95 percent paid for. The other was listed as zero percent complete. There was no reference to whether a downpayment had been collected for the latter. LOOSE CANNON covers hard news, technical issues and nautical history. Every so often he tries to be funny. Subscribe for free to support the work. If you’ve been reading for a while—and you like it—consider upgrading to paid. |
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The latest 7-day sea surface temperature (SST) trends reveal a clear pocket of localized cooling stretching from the coast of Ecuador westward to the Galapagos Islands! What’s happening?A recent surge of stronger easterly trade winds has triggered a localized upwelling of cooler ocean water to the surface. What will that mean in the longer term? The Data:
We will be watching whether or not this short-term cooling is just a local fluctuation or a more meaningful trend since most ENSO models continue to predict a rapidly developing very strong, to a historic El Nino.
Forensic Marine Weather Expert
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Elizabeth City sits at the southern terminus of the Dismal Swamp Canal and has the well-earned reputation of being a transient-friendly town with free dockage for 72 hours.
https://visitelizabethcity.com/
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