Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 05-02-2018, 15:00   #1
Registered User

Join Date: May 2016
Location: The Med
Boat: Catalina 36 MKI
Posts: 101
Unhappy Oyster in liquidation

According to yachting monthly.
__________________

De.windhoos is offline   Reply With Quote
Old 05-02-2018, 15:15   #2
Moderator
 
JPA Cate's Avatar

Join Date: Nov 2011
Location: aboard, cruising in Australia
Boat: Sayer 46' Solent rig sloop
Posts: 14,041
Re: Oyster in liquidation

The end of an era. R.I.P.
__________________

__________________
Who scorns the calm has forgotten the storm.
JPA Cate is online now   Reply With Quote
Old 05-02-2018, 15:34   #3
Freelance Delivery Skipper..
 
boatman61's Avatar

Community Sponsor
Cruisers Forum Supporter

Join Date: Jan 2010
Location: PORTUGAL
Posts: 22,306
Images: 2
pirate Re: Oyster in liquidation

Keno will be upset.. he wanted to upgrade..
__________________


Born To Be Wild
boatman61 is online now   Reply With Quote
Old 05-02-2018, 15:38   #4
Registered User
 
surf_sail's Avatar

Join Date: Mar 2017
Posts: 235
Re: Oyster in liquidation

Anyone with a boat ordered (I.e. giving them an unsecured loan) will be more upset...
surf_sail is offline   Reply With Quote
Old 05-02-2018, 15:39   #5
Moderator
 
Dockhead's Avatar

Cruisers Forum Supporter

Join Date: Mar 2009
Location: The boat: Cowes (Winter), Above 60N (Summer); me: somewhere in the air!
Boat: Cutter-Rigged Moody 54
Posts: 22,753
Re: Oyster in liquidation

Another great British marque bites the dust.

Terrible news, which will mean less competition and higher prices.

Of course, the company was never the same without Richard Matthews.

Maybe he'll buy the name back from the liquidators?

Or maybe it will be Groupe Beneteau, following the example of Hanse Group?
__________________
"Parce que je suis heureux en mer, et peut-Ítre pour sauver mon ame. . . "
Dockhead is offline   Reply With Quote
Old 05-02-2018, 15:55   #6
Registered User

Join Date: Nov 2013
Location: Nice, France
Boat: Hunter Marine 38
Posts: 429
Re: Oyster in liquidation

It could just be that this related to the keel loss of that big Oyster of the Spanish coast. Anybody aware of the final outcome of this?
sailormed is online now   Reply With Quote
Old 05-02-2018, 16:34   #7
Registered User

Join Date: Oct 2012
Location: Home for a couple of years.
Boat: Beneteau 49
Posts: 465
Re: Oyster in liquidation

I hope someone buys the name and molds...
boom23 is offline   Reply With Quote
Old 05-02-2018, 16:56   #8
Moderator
 
a64pilot's Avatar

Cruisers Forum Supporter

Join Date: Oct 2013
Location: Albany Ga.
Boat: Island Packet 38
Posts: 22,018
Oyster in liquidation

Quote:
Originally Posted by Dockhead View Post
Another great British marque bites the dust.

Terrible news, which will mean less competition and higher prices.
?

They werenít the first and I fear they will be followed.
Itís a symbol I believe in what the 21st Century wealthy find important.
Why pay so much money for to them so little Boat, when for a lot less, you can get big, flashy, modern looking and lots more room to entertain, you know open spaces and big windows
These people donít leave the Marina often and motor when they do, Women in their Cocktail dresses as they walk around the deck a drink in hand.

I see the same in the Mc Mansions, very poorly built, but big and impressive looking from the street.

What sells now is Mc Boats, just like the Mc Mansions
a64pilot is online now   Reply With Quote
Old 05-02-2018, 18:05   #9
Don't ask if you can't handle it
 
sailorboy1's Avatar

Cruisers Forum Supporter

Join Date: Jul 2007
Location: On the boat somewhere
Boat: Hunter 410
Posts: 13,663
Re: Oyster in liquidation

Oyster not big, open and flashy??????
__________________
jobless, houseless, clueless, living on a boat and cruising around somewhere
sailorboy1 is online now   Reply With Quote
Old 05-02-2018, 18:09   #10
Registered User

Join Date: Apr 2017
Location: Saint-Petersburg, Russia
Boat: Carina, daycruiser, 20 feet
Posts: 2
Re: Oyster in liquidation

Quote:
Originally Posted by sailormed View Post
It could just be that this related to the keel loss of that big Oyster of the Spanish coast. Anybody aware of the final outcome of this?
Our magazine (which has investigated this case) maintains constant contact with the owner of the sunked yacht, the conflict has not yet been settled completely.
Sorry, I cannot describe the situation more detailed.
Grokh is offline   Reply With Quote
Old 05-02-2018, 18:22   #11
Registered User
 
Polux's Avatar

Join Date: Nov 2011
Location: Portugal/Med
Boat: Comet 41s
Posts: 6,099
Re: Oyster in liquidation

I don't buy it, I mean somebody is going to buy it and this is a way of making a complete reformulation of the company firing all the employees to contract again only the ones they want.............................................. .................................................. .................................................. .................................................. .......... ..............................Probably it will become a smaller company specialized even more on the luxury sector of yachting and a more profitable one:

"the quintessentially British brand announced an order book in excess of £80m worth of business only a few months ago. "
Read more at 'Oyster Yachts goes into liquidation' - Yachting Monthly
Polux is offline   Reply With Quote
Old 05-02-2018, 19:30   #12
Registered User

Join Date: Aug 2007
Posts: 957
Re: Oyster in liquidation

Damn, that does suck.. I really love the Oyster brand and wanted to purchase a new one, one day.. Never thought they would go under being so well known and built so many awesome boats.. I'll have to read the article now to see what the hell happened.

Thanks for the heads up..
shadow is offline   Reply With Quote
Old 05-02-2018, 19:53   #13
Moderator
 
a64pilot's Avatar

Cruisers Forum Supporter

Join Date: Oct 2013
Location: Albany Ga.
Boat: Island Packet 38
Posts: 22,018
Re: Oyster in liquidation

Quote:
Originally Posted by sailorboy1 View Post
Oyster not big, open and flashy??????


Not really, not as much as some less expensive boats.
a64pilot is online now   Reply With Quote
Old 06-02-2018, 09:30   #14
Moderator
 
Dockhead's Avatar

Cruisers Forum Supporter

Join Date: Mar 2009
Location: The boat: Cowes (Winter), Above 60N (Summer); me: somewhere in the air!
Boat: Cutter-Rigged Moody 54
Posts: 22,753
Re: Oyster in liquidation

Quote:
Originally Posted by a64pilot View Post
They werenít the first and I fear they will be followed.
Itís a symbol I believe in what the 21st Century wealthy find important.
Why pay so much money for to them so little Boat, when for a lot less, you can get big, flashy, modern looking and lots more room to entertain, you know open spaces and big windows
These people donít leave the Marina often and motor when they do, Women in their Cocktail dresses as they walk around the deck a drink in hand.

I see the same in the Mc Mansions, very poorly built, but big and impressive looking from the street.

What sells now is Mc Boats, just like the Mc Mansions
Yes, I think you may have it.

The idea of a mass produced basically disposable boat has reached the 50+ foot and 60+ foot ranges only recently. Examples are the Hanse 575 and the CNB boats -- the "McMansions" of sailing yachts.

And who are we to say that such boats don't make perfect sense? The acquisition cost is 1/2 or 1/3 of a similar Oyster or Discovery, and most buyers don't really care all that much about the differences. Buy an Oyster for Ä2 million or Ä3 million and sell it for half that a few years later -- the depreciation alone is more than what you would pay for a "McYacht".

I do think that the rise of such boats, which didn't really exist 10 years ago, must have really cut into Oyster's market. They build boats right, and it is expensive to do that. Oyster previously got a significant premium for understanding how to create that luxury cachet -- that's how they put Moody under -- but maybe that is no longer enough.

Still, if they really have an order book of 80 million pounds, perhaps the company will reappear in some different form. Will be interesting to see.
__________________
"Parce que je suis heureux en mer, et peut-Ítre pour sauver mon ame. . . "
Dockhead is offline   Reply With Quote
Old 06-02-2018, 10:15   #15
Registered User

Join Date: Oct 2017
Posts: 30
Re: Oyster in liquidation

They used to build boats right, the later ones might have a slight issue where the keel seems to fall off.....


OK, only one, and in 2015. But that's one too many and the pics of that incident look like shoddy build was the cause. Have any keels fallen off a Hanse 575?

I love the look of Oyster yachts, always lusted after one until the 2015 issue was in the press (pure dreaming I'll never be in a position to buy one). Maybe a lot of other people felt the same though.
__________________

Kristoff21 is offline   Reply With Quote
Reply

Tags
oyster

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Oyster 53 vs Oyster 56 thoreed Monohull Sailboats 7 08-03-2015 22:09
Looks like a Chandlery in liquidation AUS Johnathon123 Construction, Maintenance & Refit 1 06-12-2013 18:08
After Asset Liquidation, Liquid in SW FL inTO-Me-sea Meets & Greets 4 19-07-2010 13:11



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 15:10.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.