73 Ferretti runs up on a reef at 25 kts in the Turks and Caicos

The picture below of a 73 foot Ferretti may look in perfect condition. That is what we thought when we tied up at sout side marina on the island of Provo in the Turks and Caicos archipeligo. It was only when we spoke to the owner of south side.  That we found out exactly why the ferretti power boat was tied securely to the dock in the marina.

A written off power boat
This large power boat may look in perfect condition. However it is a total write off after running up on a reef at 25 kts

Apparently it had been delivered by ship to Miami and then it was on its maiden voyage over to the virgin islands. When with only 40 hours on the engines. For some reason that i am none the wiser it ran up on a reef at 25 kts. It then took a vast amount of money to get it refloated and off of  the reef. Once off the reef it then had to be patched up in a home made dry dock. So that it would keep afloat on its own. From there it was taken to South side marina on the island of Provo.

The Turks and Caicos islands are surrounded by reefs.
The tender may look ok but on closer inspection got a battering when the boat ran aground.

This is where it still sits now. With no one we spoke to having any idea what the insurance company now intended to do with it.  You could probably by this boat for practically nothing. The problem is it would cost you a kings ransom to get it sea worthy again. Even then if you did i am not sure that any insurance company would ever want to insure it again.

The ruined prop and shaft from the wrecked power boat.
The mangled remains of one of the props and shafts> The shaft had been sheered completely off.

So if you are looking for a large power boat with one unlucky owner. Then speak to Bob at south side he may have one going cheap.

Leave a Reply

Your email address will not be published. Required fields are marked *