February 03, 2025
A Washington federal judge has said yacht builder Delta Marine Industries owed sanctions over its failure to provide access to parts related to a boat hoist that failed during the launch of a yacht in a $3.4 million dispute between Lloyd's syndicates, underwriters and a Seattle boat builder.
October 16, 2024
A company that inspected a boat hoist that failed during the launch of a yacht said it wants out of a $3.4 million dispute between Lloyd's syndicates and underwriters and a Seattle boat builder, telling a federal court that its actions did not cause the damage to the vessel.
September 24, 2024
A group of Lloyd's syndicates and underwriters urged a Washington federal court to reject a yacht builder's bid to avoid reimbursing them for the $3.4 million in coverage they paid after a luxury yacht suffered severe damage when a mobile boat hoist failed during an August 2020 vessel launch.
January 05, 2023
A group of Lloyd's syndicates and underwriters sued Seattle-based yacht builder Delta Marine Industries Inc. and others in Washington state federal court, seeking to recover more than $3.5 million in repair costs after the company's attempt to relaunch a pleasure yacht "failed catastrophically."