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Rich, famous steer yachts to marine Group Boat Works; refit, repair specialist taking business from overseas yards.

Publication: San Diego Business Journal
Publication Date: 29-JAN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The Marine Group Boat Works built it--the nation's largest lift for mega yachts in and more of the super-rich who own such vessels are coming to town for refitting.

Among them is Oracle Chief Executive Officer Larry Ellison. High on Forbes' list of wealthiest Americans, he's bringing the "smaller" of his two mega yachts, the 192-foot Ronin to the Chula Vista company for some work.

"The boat will be here for 12 weeks, depending on the type of work we'll be doing," said Todd Roberts, the Marine Group's president. "This is not even a full refit, but it's a sizable refit."

Another is Howard Leight. Founder of Howard S. Leight Industries, maker of the foam earplug, his 145-foot Leightstar is currently at the yard. Adding to the list, the HMS Surprise, a replica of an 18th century Royal Navy frigate used in the 2003 film "Master & Commander: The Far Side of the World," is scheduled to arrive in late February.

Many owners of mega yachts--a term that describes boats exceeding 100 feet in length--insist on anonymity. They don't want the public to know their comings and goings.

"These are rich folks, but they're not necessarily...

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