The tug: She's very old, and very old steel boats usually need a lot of replating which will cost more than the price
of the boat. Also, being an ex-tug, she's going to have shoal draft
and little of any keel
, so she won't have much carrying capacity and she'll roll like crazy. Building a living area on a boaat like that would be EXTREMELY expensive and difficult, and after you were finished you'd have an odd duckling with a huge thirst for fuel.
: Much better choice, but the broker already says she needs replating so plan on adding a LOT more money
. Bruce Roberts
designed some great boats, many of them in steel. But steel and salt water
do not mix well without a LOT of ongoing maintenance
. A boat that age will at least need to be completely sandblasted down to bare, clean steel inside and out (ever try to get blasting media out of the interior
of a boat?) and sprayed with epoxy
barrier coats and then properly painted. You'd then have a sound old hull
... after which you can go to work on the old electricals, standing and running rigging
, etc. If you've got an extra $150K or so after the purchase price, go for it.
All that said, there is a reason there are so many aging boats, both sail and power, on the market at rather low prices. It's supply and demabd. No one wants them - cost too much to bring back and then the maintenance
is god awful.
Hang onto your dream, but forget steel for a cruiser. There are thousands of well built older fiberglass
boats out there. My own is built like an icebreaker and I'd take her anywhere ... and she never rusts!