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Trawler Transactions

Closing In

What does it take to complete the purchase of a trawler?

Good Faith

Most purchase and sale agreements stipulate that your deposit is due once the seller accepts your written offer. The amount is normally 10 percent of the contracted price, and typically, it must be received into the broker’s trust account within three business days.

It’s About Time

Things can move surprisingly fast between making an offer and closing the deal.

Legal Ease

PM’s brokerage expert Jeff Merrill explains how a maritime attorney can help you understand the legal aspects of trawler ownership.

On the Money

Be as sure about financing and expenses as you are about the trawler you’re buying or selling.

Binding Coverage

Insurance shouldn’t be an afterthought. It should be a top priority in any trawler purchase.

Before the Deal

Preparing your team and documents before making an offer on a trawler will save you time and hassles.

Three side-by-side screenshots from the Navionics app showing nautical charts of Hell Gate and Wards Island, contrasting a correct manually plotted water route on the left with two flawed AI-generated routes on the middle and right that erroneously plot course lines directly across land.

A Suspicious Plot

I used AI to chart a course through a notorious waterway. The results were unusable.

An exterior dusk photograph looking through the large side windows into the illuminated, warm cherrywood salon and helm area of a Sabre motor yacht as the sun sets over the water.

South by Down East

A brisk November run from Connecticut to New Jersey showcases just how comfortable the Sabre 51 Salon Express really is.

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