(CNN)  For Mary Crowley, the sea is her second home.  She
learned how to sail at age 4 and spent almost half her life running an
international yacht chartering business in Sausalito, California.  Source

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• Boat disaster a mystery

     (stuff.co.nz)  Two veterans of the Sydney to Hobart yacht race were killed and 16 crew members had to be rescued yesterday after a multimillion-dollar maxi yacht ran aground off the NSW South Coast.  Source

• New York Yacht Club Invitational Cup (NYYC)

     (sail-world)  In a year that marks its 165th anniversary, the New York Yacht Club (NYYC) is organizing the Invitational Cup, a highly anticipated fleet racing regatta to take place in Newport, R.I. from September 15-19, 2009. ‘This event is, in fact, the world championship for the main yacht clubs of the world,’ said Bruno Troublé,

• Iranian Navy retains five Britons on the yacht in the Gulf

     (BBC) Five Britons have been detained by the Iranian navy while sailing a yacht from Bahrain to Dubai for a race, the Foreign Office (FCO) has said.  Their Volvo 60 yacht backed by the UK’s Team Pindar was stopped on 25 November.  Source

• Lifeboats rescue as yacht sinks Duo

     (Clacton)  LIFEBOAT crews saved two people from a yacht which run aground eight miles off Clacton.  Vessels from Clacton and Walton, as well as a rescue helicopter from Belgium, helped recover the yachtsmen from their yacht, Rhubarb.  Source

• Classic Yachts Ride the wind and waves in Return to Newport

     (nytimes)  Something familiar caught Harry Anderson’s eye as he walked the docks of Newport recently. Anderson, the former commodore of the Seawanhaka Corinthian and the New York Yacht Clubs, saw the 80 wooden sailboats that had been gathered for the Museum of Yachting’s annual Classic Yacht Regatta, but there was one, its sharp

• Petrobras agrees with the recruitment of vessels

     Petrobras announces that during a meeting held on 12/03, it approved the chartering of twelve of the nineteen vessels foreseen in the program called EBN (Empresas Brasileiras de Navega??o, or Brazilian Shipping Companies).

• Skipper of the UK-crewed yacht admits mistakes u0026quot Iranian waters

     (BBC) The skipper of a British-crewed yacht detained by Iran has said they strayed into Iranian waters by “mistake”.  Oliver Smith added the crew were blindfolded while at sea, apart from him as he was at the helm.  Source and Watch The Video!

• Skipper of the UK-crewed yacht admits mistakes u0026quot Iranian waters

     (BBC) The skipper of a British-crewed yacht detained by Iran has said they strayed into Iranian waters by “mistake”.  Oliver Smith added the crew were blindfolded while at sea, apart from him as he was at the helm.  Source and Watch The Video!

• New York Yacht Club Invitational Cup: u0026quot leads as NYYC

     (sailworld)  With brisk breezes to propel them, the New York Yacht Club Invitational Cup fleet of 19 teams from 14 nations competing at the inaugural event worked it hard in four shifty, somewhat unpredictable races on Narragansett Bay today.   Source

• New u0026quot for ship owners and investors

    An Asian subsidiary of NEPA Shipping in Holland has launched a new set of services offering shipowners an integrated solution including managing their investments, ownership representation, commercial management, arranging technical management, dry docking supervision, newbuilding and conversion supervision, vessel sale and purchase as well as arranging ship finance. NEPA Projects

• Dockwise announces strong financial performance in the quieter time

     Financial highlights * Revenue up 2% to USD 119 million (Q2 2008: USD 116 million) * EBITDA up 19% to USD 58 million (Q2 2008 USD 49 million) * Adj EBITDA** up 9% to USD 60 million (Q2 2008:USD 55 million) * Net profit up 35% to USD 17 million

• Yacht couple rescued by lifeboats

     (BBC) A couple in their 60s had to be rescued by lifeboats from Sheerness and Whitstable in Kent after the man fell overboard from their yacht.  Source

• Britain will not pay ransom for yacht couple

     (UPI) The British government says it won’t pay a $7 million ransom demanded by the Somali hijackers of a couple’s yacht.  Source

• Glue fixed the hole and keep from sinking yacht

     (mirror.co.uk)  A sailor saved his £50,000 yacht from sinking after fixing a hole with a £7 tube of super glue.  Source

• Dry bulk riskiest stock: DryShips

    Dry-bulk shipping is a volatile business. Its cycles are vicious, even in normal times. These, however, are not normal times, and the mariners that haul the world’s raw materials hither and yon across the high seas face a slew of challenges, from Chinese demand for iron ore to the supply