Reply
 
Thread Tools Search this Thread Display Modes
 
Old 09-25-2018, 11:56 AM   #1
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 16,669
The New Grand Banks

I readily admit that a couple of years ago I had serious doubts about the survival of the company and even more doubts about the future of the Grand Banks brand. However, they have used the Palm Beach brand to achieve profitability and are showing that they are moving forward now. A few notes:

-They purchased Stuart Yacht Basin for about $3.2 million to give themselves a US presence as 75% of their sales are in the US.
-They've modernized their plant and greatly improved margins.
-They are currently averaging about 20 boat sales per year, the majority of those Palm Beach.
-They will be showing in the Annapolis show in October.

Now, as to the Grand Banks brand. The first new boat in that brand was the 60 which comes in both an open bridge and a skylounge configuration. It will be shown in Annapolis. The boats have gone from planning to completion and now on the water. In fact a 52 is now starting build.

The 60 shows the Palm Beach influence with performance and styling emphasized. They typical trawler devotee is not going to like it. However, today's younger boat buyers are far more likely to be interested than they had become in Grand Banks. They use an infused carbon fiber construction and the 60 is capable of 36 knots at WOT, a 27 knot cruise, 20 knots at only 29 gph and a range of 2500 nm at 10 knots. Now, the real test will be how well it achieves the ride, stability, and performance it claims.

There are a lot of people who have loved Eastbay and Palm Beach and wanted a larger boat with a bridge for family cruising.

I still hate that they basically killed Grand Banks as it was. The traditional design, 20 knot boats, good ride. However, I have to at the same time give them credit for the new boats. They set a design goal and have brought it to fruition. If we were looking for a 60' boat with a bridge, we'd definitely consider it. Maybe since Beneteau calls their boats "Swift Trawlers", this should be labeled a "Performance Trawler" just to drive traditionalists crazy.
__________________
Advertisement

BandB is offline   Reply With Quote
Old 09-27-2018, 07:53 AM   #2
Member
 
City: Tarrytown, NY
Country: USA
Join Date: Aug 2017
Posts: 23
Quote:
Originally Posted by BandB View Post
I readily admit that a couple of years ago I had serious doubts about the survival of the company and even more doubts about the future of the Grand Banks brand. However, they have used the Palm Beach brand to achieve profitability and are showing that they are moving forward now. A few notes:



-They purchased Stuart Yacht Basin for about $3.2 million to give themselves a US presence as 75% of their sales are in the US.

-They've modernized their plant and greatly improved margins.

-They are currently averaging about 20 boat sales per year, the majority of those Palm Beach.

-They will be showing in the Annapolis show in October.



Now, as to the Grand Banks brand. The first new boat in that brand was the 60 which comes in both an open bridge and a skylounge configuration. It will be shown in Annapolis. The boats have gone from planning to completion and now on the water. In fact a 52 is now starting build.



The 60 shows the Palm Beach influence with performance and styling emphasized. They typical trawler devotee is not going to like it. However, today's younger boat buyers are far more likely to be interested than they had become in Grand Banks. They use an infused carbon fiber construction and the 60 is capable of 36 knots at WOT, a 27 knot cruise, 20 knots at only 29 gph and a range of 2500 nm at 10 knots. Now, the real test will be how well it achieves the ride, stability, and performance it claims.



There are a lot of people who have loved Eastbay and Palm Beach and wanted a larger boat with a bridge for family cruising.



I still hate that they basically killed Grand Banks as it was. The traditional design, 20 knot boats, good ride. However, I have to at the same time give them credit for the new boats. They set a design goal and have brought it to fruition. If we were looking for a 60' boat with a bridge, we'd definitely consider it. Maybe since Beneteau calls their boats "Swift Trawlers", this should be labeled a "Performance Trawler" just to drive traditionalists crazy.


I am not experienced as most on here but was on the sky lounge version this past weekend. I have a 42 currently. I really wanted to fall in love and have something to put the extra hours in to possibly get but I just can’t. Nothing on it felt to me as rock solid as I would expect, even with the weight. I missed the feeling also of having a boat where the kids and dog couldn’t slip under the rail. I mean it is a really nice boat but it felt all the charm has left it. I also am a bit confused in the explanations that it would handle really well because of Hull shape “cutting” through the water similar to sale boats, even at high speeds, but at a certain point I don’t understand how the ultimate physics of two bodies of mass (one solid one fluid) coming together and performing with such little weight relative to other boats the same size. Maybe I’m missing something but that was my impression.......oh and $4mm+
__________________

legacy1977 is offline   Reply With Quote
Old 09-27-2018, 08:43 AM   #3
Guru
 
City: Fort Myers
Country: USA
Join Date: Jul 2013
Posts: 1,079
I cannot speak to their new design other then I've fished far offshore on a good number of custom Carolina boats and they had absolutely amazing rides in very rough sea conditions. So I wouldn't think it is that hard for a naval architect to not see the benefits there plus put it across 60' and you would see a great ride benefit.
Now this is not to do an apple to orange comparison from planing to displacement, just a note of experience that if I hadn't felt/seen it with my own eyes I too wouldn't understand it myself.
Marlinmike is offline   Reply With Quote
Old 09-27-2018, 09:35 AM   #4
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 16,669
Quote:
Originally Posted by Marlinmike View Post
I cannot speak to their new design other then I've fished far offshore on a good number of custom Carolina boats and they had absolutely amazing rides in very rough sea conditions. So I wouldn't think it is that hard for a naval architect to not see the benefits there plus put it across 60' and you would see a great ride benefit.
Now this is not to do an apple to orange comparison from planing to displacement, just a note of experience that if I hadn't felt/seen it with my own eyes I too wouldn't understand it myself.
It's not an attempt to be like the old Grand Banks. In fact, the opposite. I see no indication the current CEO even likes the old boat. Remember, his background is sailboat racing and then owning Palm Beach Yachts, then getting Grand Banks to buy his company and make him CEO. I hate that the old Grand Banks style and type and function boat is dead as a result. However, the company was dead for all practical reasons when these changes were made. Now, it's a Grand Banks for 2018 and beyond. It's based on what they've done with Palm Beach which is where all their sales have been and updating to what consumers of this time are wanting.

They've made significant investment in improving their plant, trying to gain efficiency, and going to new methods. Meanwhile, they've used Palm Beach to keep themselves alive. While selling 20 boats a year isn't that exciting for a company that should be selling twice that, it's very good for a company that was selling fewer than 10 before the restructuring, and the majority of those were Eastbay.

As what I associated with Grand Banks in the past, this boat has no appeal to me. However, standing on it's own as a boat for today's market, I think it could very possibly be a winner.
BandB is offline   Reply With Quote
Old 09-27-2018, 08:16 PM   #5
Guru
 
O C Diver's Avatar
 
City: Fort Myers, FL... Summers in Crisfield, MD
Country: USA
Vessel Name: Slow Hand
Vessel Model: Cherubini Independence 45
Join Date: Dec 2010
Posts: 7,307
While I frankly couldn't care less about the new Grand Banks models, I fail to understand the need to imply it's a trawler. Maybe they should embrace the reality of the hull design and call it a "Sport Fish Cruiser ".

Ted
__________________
Blog: mvslowhand.com
I'm tired of fast moves, I've got a slow groove, on my mind.....
I want to spend some time, Not come and go in a heated rush.....
"Slow Hand" by The Pointer Sisters
O C Diver is online now   Reply With Quote
Old 09-27-2018, 10:11 PM   #6
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 16,669
Quote:
Originally Posted by O C Diver View Post
While I frankly couldn't care less about the new Grand Banks models, I fail to understand the need to imply it's a trawler. Maybe they should embrace the reality of the hull design and call it a "Sport Fish Cruiser ".

Ted
I was joking about any trawler implication. Clearly it isn't by any definition.
BandB is offline   Reply With Quote
Old 09-28-2018, 12:58 AM   #7
Guru
 
North Baltic sea's Avatar
 
Country: Finland
Vessel Model: Nordic Tug 37
Join Date: Sep 2015
Posts: 913
Hi BandB


"Performance Trawler"


An interesting new boat type when "Trawler" is so popular. Here in Europe a lot of ordinary high-speed motor boats have the added name "Trawler" apparently sells better?


Only fast "trawlering"
NBs
North Baltic sea is offline   Reply With Quote
Old 09-28-2018, 01:28 AM   #8
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 16,669
Quote:
Originally Posted by North Baltic sea View Post
Hi BandB


"Performance Trawler"


An interesting new boat type when "Trawler" is so popular. Here in Europe a lot of ordinary high-speed motor boats have the added name "Trawler" apparently sells better?


Only fast "trawlering"
NBs
They don't call it a performance trawler. I said that as a joke, meaning if Beneteau calls theirs a Swift Trawler then this would be Performance. I apologize for not typing "Just Kidding" as I just didn't think anyone would confuse it with a trawler.
BandB is offline   Reply With Quote
Old 09-28-2018, 07:43 AM   #9
Member
 
City: Tarrytown, NY
Country: USA
Join Date: Aug 2017
Posts: 23
Quote:
Originally Posted by BandB View Post
They don't call it a performance trawler. I said that as a joke, meaning if Beneteau calls theirs a Swift Trawler then this would be Performance. I apologize for not typing "Just Kidding" as I just didn't think anyone would confuse it with a trawler.


Seems to me I now have to dream about flemings, Marlows or hunt oceans.......
legacy1977 is offline   Reply With Quote
Old 09-28-2018, 09:13 AM   #10
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 16,669
Quote:
Originally Posted by legacy1977 View Post
Seems to me I now have to dream about flemings, Marlows or hunt oceans.......
Don't overlook Ocean Reef, Hampton, and others.
BandB is offline   Reply With Quote
Old 09-28-2018, 03:23 PM   #11
Guru
 
caltexflanc's Avatar
 
City: North Carolina for now
Country: USA
Vessel Name: Small Incentive
Vessel Model: Boston Whaler 130 Sport
Join Date: Aug 2011
Posts: 5,046
Quote:
Originally Posted by legacy1977 View Post
Seems to me I now have to dream about flemings, Marlows or hunt oceans.......
Why? All of those are planing boats as well. I happen to like what I've seen of the GB60, especially the aft cabin version if you can work out a boat deck for the tender. Nice aft deck there too, which is our favorite "room" on a boat. I'd definitely put it in the mix if/when we were to go shopping for something in that size class, which the Lord willing, will be in about another year. Of course, won't be many used ones yet at that point, but if the stars align right on a couple of deals, who knows?
__________________
George

"There's the Right Way, the Wrong Way, and what some guy says he's gotten away with"
caltexflanc is offline   Reply With Quote
Old 09-28-2018, 03:31 PM   #12
Guru
 
City: Melbourne, FL
Country: USA
Join Date: Dec 2014
Posts: 1,389
Did anyone mention the new 60 is powered by two Volvo Penta IPS pod drives?
Run away!
stubones99 is offline   Reply With Quote
Old 09-28-2018, 04:00 PM   #13
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 16,669
Quote:
Originally Posted by stubones99 View Post
Did anyone mention the new 60 is powered by two Volvo Penta IPS pod drives?
Run away!
Actually there's a choice between pod drives and straight drives. I'd have no hesitancy toward either although they wouldn't be my first choice.
BandB is offline   Reply With Quote
Old 09-28-2018, 04:49 PM   #14
Member
 
City: Tarrytown, NY
Country: USA
Join Date: Aug 2017
Posts: 23
Quote:
Originally Posted by BandB View Post
Don't overlook Ocean Reef, Hampton, and others.


In my GB I have yanmar 465s so it moves.....just turned 40 with 2 kids and work so still have some need for speed, albeit not as much as my old legacy
legacy1977 is offline   Reply With Quote
Old 09-28-2018, 06:04 PM   #15
Guru
 
BandB's Avatar
 
City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 16,669
Quote:
Originally Posted by legacy1977 View Post
In my GB I have yanmar 465s so it moves.....just turned 40 with 2 kids and work so still have some need for speed, albeit not as much as my old legacy
We clearly love speed but most here don't so much. I think, however, more potential boat buyers like it than disavow it.
BandB is offline   Reply With Quote
Old 10-05-2018, 12:53 PM   #16
Veteran Member
 
City: Southern California
Country: USA
Join Date: May 2017
Posts: 47
Quote:
Originally Posted by BandB View Post
I readily admit that a couple of years ago I had serious doubts about the survival of the company and even more doubts about the future of the Grand Banks brand. However, they have used the Palm Beach brand to achieve profitability and are showing that they are moving forward now. A few notes:

-They purchased Stuart Yacht Basin for about $3.2 million to give themselves a US presence as 75% of their sales are in the US.
-They've modernized their plant and greatly improved margins.
-They are currently averaging about 20 boat sales per year, the majority of those Palm Beach.
-They will be showing in the Annapolis show in October.

Now, as to the Grand Banks brand. The first new boat in that brand was the 60 which comes in both an open bridge and a skylounge configuration. It will be shown in Annapolis. The boats have gone from planning to completion and now on the water. In fact a 52 is now starting build.

The 60 shows the Palm Beach influence with performance and styling emphasized. They typical trawler devotee is not going to like it. However, today's younger boat buyers are far more likely to be interested than they had become in Grand Banks. They use an infused carbon fiber construction and the 60 is capable of 36 knots at WOT, a 27 knot cruise, 20 knots at only 29 gph and a range of 2500 nm at 10 knots. Now, the real test will be how well it achieves the ride, stability, and performance it claims.

There are a lot of people who have loved Eastbay and Palm Beach and wanted a larger boat with a bridge for family cruising.

I still hate that they basically killed Grand Banks as it was. The traditional design, 20 knot boats, good ride. However, I have to at the same time give them credit for the new boats. They set a design goal and have brought it to fruition. If we were looking for a 60' boat with a bridge, we'd definitely consider it. Maybe since Beneteau calls their boats "Swift Trawlers", this should be labeled a "Performance Trawler" just to drive traditionalists crazy.
Great topic. My first experience with GB was their 50' trawler with a wood hull. Now THAT was a yacht - sexy in every way. To me, that's Grand Banks. I also very much liked the Aleution (sp) 53.

As for the new Grand Banks, I don't think they are the old brand, and I'm not sure what they are doing with the new brand. I don't think they had a competitor before - they were so unique and sort of wrote the rule book. Now, they have put themselves in a position where they are competing with others.

When you are spending that kind of money - Fleming certainly tops the short list if you are fortunate enough to own a checkbook like that. I saw an Aleution 53 for sale - and it was insanely stunning. In new condition. If I were in the market it would have been a no-brainer.

I can hear your many thoughts in your words. I think GB lovers feel as you do. Lots of pondering to do. I suggest whittling on the porch or drinking lots of booze on the dock while you ponder ;-)
markajh is offline   Reply With Quote
Old 10-05-2018, 07:03 PM   #17
Guru
 
Bigsfish's Avatar
 
City: Miami River
Country: USA
Vessel Name: Gotcha
Vessel Model: Grand Banks. Heritage. 54
Join Date: Aug 2016
Posts: 2,303
Just my SSO.

I was on the first 60 that came to the US. It was a pretty boat that reminded me more of a sport fisherman than a GB. Everything in the boat is bonded to the hull to save weight, the seats are molded in, cabinets, counters, ect. I thought it was a good idea but it doesn’t have the look that I like. My good friend just took delivery of a new 60 a month ago. He likes it and it’s speed. I bought his old 2015 54 about a year ago. I love his old boat (my boat) and I like it’s speed of 18+ knots cruising. To each his own.
Bigsfish is offline   Reply With Quote
Old 10-05-2018, 07:08 PM   #18
Guru
 
Fletcher500's Avatar
 
City: So-Cal
Country: USA
Vessel Model: Helmsman 43 PH
Join Date: May 2016
Posts: 1,091
There is a GB 60 in our marina. Looks nice on the outside, but I don't think I will ever hear how she runs, because it never leaves the dock. The BBQ they mounted on the bow gets used at least once every 4 weeks though.
Fletcher500 is offline   Reply With Quote
Old 10-05-2018, 07:54 PM   #19
Guru
 
Bigsfish's Avatar
 
City: Miami River
Country: USA
Vessel Name: Gotcha
Vessel Model: Grand Banks. Heritage. 54
Join Date: Aug 2016
Posts: 2,303
Fletcher. You bring up an interesting point about GBs. Some are really used a lot and some dock queens.
Bigsfish is offline   Reply With Quote
Old 10-05-2018, 11:48 PM   #20
Member
 
jglabrown's Avatar
 
City: Bainbridge Island, WA
Country: USA
Vessel Name: Whistlin' Dixie
Vessel Model: Grand Banks 46 CL
Join Date: Feb 2011
Posts: 10
The New Grand Banks

I love our "old" (1987) Grand Banks. I love the 9 knots. I love the varnished rails and interior woodwork. I love the way she handles rough seas. I also love the fact that in retirement, we can take her out almost any time we want and we do.
__________________

jglabrown is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

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





All times are GMT -5. The time now is 07:04 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2006 - 2012