On July 6, when Kadey-Krogen Yachts and theur sister company American Tugs filed for Chapter 7 bankruptcy, there were at least six or seven owners who had placed deposits and we awaiting delivery of their new dream boats. It least one of the boats in build had been paid in full in advance. Now, in the aftermath, those owners are left in the lurch and are understandably upset and angry. They have lost sizeable amounts of money and had their cruising dreams dashed, at least for the tie being. A chapter 7 bankruptcy calls for the liquidation of all the…

Veteran cruisers will tell you that the things they fear most at sea are ships and the containers that fall off them. On June 25, the World Shipping Council issued their annual report on the number of containers that were lost at sea in 2025. They estimated that 1,478 containers fell off ships and of those 128 were later recovered. Both figures are record numbers. The Council has been collecting data on containers lost since 2011 and estimate the average lost every year at around 600. So, the 2025 tally is a huge increase and statistically an outlier. And, the…

On Monday July 6, Kadey-Krogen Yachts, based in Portsmouth, Rhode Island, filed for Chapter 7 Bankruptcy in the U.S. Bankruptcy Court in Delaware. In a companion filing, American Tugs, which Kadey-Krogen had purchased in 2023, also filed under Chapter 7. Unlike a Chapter 11 filing, which allows a company to continue trading while reorganizing its finances, a Chapter 7 filing calls for a court supervised liquidation of all the company’s assets in order to repay creditors.  After 49 years in business as one of the U.S.’s leading makers of displacement cruising trawlers, Kadey Krogen will cease to exist. The court…

A conversation among cruising friends at last January’s Toronto Boat Show planted a seed that has grown into a brand-new cruising group, the Great Canadian Loop Association (GCLA).  Gary J. Brickell is the founder and the association’s first commodore. Most North American cruisers know of the 6,000-mile Great American Loop that circles the eastern third of the U.S. and ventures into Canadian Waters in the Great Lakes. But these cruising friends were looking for a route that would stay entirely in Canadian waters. Without much trouble, Brickell and his pals found what they were looking for. Incorporating a section of…

On April 16, 20 Nordhavns and their owners gathered in George Town, Great Exuma in the Bahamas for three days of fun, sun and socializing.  The rendezvous kicked off with a welcome party at the famous Peace & Plenty Hotel where there was a live band and cocktails for all. Next day, the group went on a dinghy adventure to explore the beautiful white sand beaches around the sound and Queen Elizabeth Harbour. The highlight of the three-day get-together had to be the costume party on Friday night night hosted by the Exuma Yacht Club. The owners did not hold…

The big national party to celebrate the 250th anniversary of the signing of the Declaration of Independence in 1776 will take many forms but the tall ship’s parades promise to be some of the highlights. In fact the party has already begun with a tall ships event in New Orleans on May 27 to June 1. Over the next six weeks, the hips will visit Virginia, Maryland New York City and Boston. While each venue will be spectacular, the main event will be in New York City on July 3 to 8. All of the tall ships will be there…