Word: boated
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Dates: during 1980-1989
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...week's end Iraq claimed to have disabled twelve "maritime targets," though independent sources could confirm only seven hits, one of them a small supply boat on which two crewmen were killed. The Iraqi air force, whose active warplanes outnumber Iran's almost 10 to 1, also bombed and set ablaze the main Iranian oil-processing facility on Kharg Island and attacked what a military communique described as "economic and industrial targets" around the Iranian cities of Ahwaz and Isfahan...
Broward Motor Yachts in Fort Lauderdale leads the U.S. in building big boats, with twelve taking shape in the family-owned yards. Its new production plant will add more than 50 architects, skilled fitters and welders to its staff of 250. The yard's most celebrated product is the notorious Monkey Business, which helped drive Gary Hart's presidential campaign onto the rocks. Broward's most popular boat, however, is an 80-ft. starter, or "yuppie special," that sells for $2 million. The typical buyer is a fast tracker between 35 and 40 who yens for something more than...
Many of his customers return within three years to trade up to a superyacht. "Twenty-five years ago, a 120-footer was for kings and princes," says Denison. "Now the average boat we build is 90 feet." As for size, which matters greatly to yacht owners, King Fahd of Saudi Arabia owns the world's biggest yacht, the 482-ft. Abdul Aziz, which includes a mosque and a movie theater that seats 100. Because the King's yacht is currently in drydock, the unquestioned ruler of the waves is Queen Elizabeth's 412-ft. Britannia...
Designers who favor aluminum hulls maintain they last indefinitely, hold three times as much fuel as fiber glass-hulled boats and are 15% faster. The American buyer wants a boat that looks "like it's going 20 knots when it's sitting at the dock," explains Denison. Perhaps the most stunning example is the Bannenberg-designed, 110-ft. Never Say Never, owned by Gary Blonder, a flamboyant entrepreneur who made his fortune in used auto parts. This rocket ship skims the waves at 34 knots full throttle (about 39 m.p.h.) and was used as a setting on Miami Vice...
Naturally, behemoth yachts need outsize berths in which to moor. A big-boat marina is in the final planning stages at Manhattan's Battery Park City. The marina expects to sell 21 berths, costing $1 million each -- with a $16,000 annual maintenance fee -- to high-living investment honchos who want their own pied-a-mer within takeover distance of Wall Street...