Friday, November 5, 2010
Who says we can't build things here anymore? This August, Derecktor Shipyard of Bridgeport launched and christened Cakewalk V, the largest private yacht built in the United States since the 1930's. Measuring 281 feet in length, with a beam of nearly 47 feet, the $82 million vessel is the newest toy for Charles Gallagher, a private equity investor from Denver.
With her six decks and massive beam, Cakewalk V might very well be the largest yacht (by volume) ever built in the U.S.. The largest yacht lengthwise was J.P. Morgan’s Corsair IV, a 343-foot steam ship built in the 1930's by Bath Iron Works of Maine.
Derecktor's Mamaroneck shipyard has been a staple of the landscape for years but it is limited in size. Their Bridgeport location opened about a decade ago with the intent of attracting larger projects, both commercial and private. From oil skimmers to large yachts, the drydock here can accommodate vessels up to 4,000 tons.
In October, I got a zoom lens view of Cakewalk V from across the channel in Steel Point. After a month of sea trials and outfitting, the crew was busy putting the final touches on her. Within days she was gone; bound for warmer waters to make her world debut at the Ft Lauderdale Boat Show.
Derecktor: Cakewalk V specifications
CT Post: Cakewalk Makes A Splash
Bloomberg Profile: Charles Gallagher
Bloomberg Profile: Gallagher Industries
photo credit: (bottom) Derecktor