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Wooden ketch goes back on the market

DEC. 26 — With no bids for ownership at a public auction and a potential buyer backing out of a signed contract, the 114-foot Ring-Andersen finds herself back on the market – on eBay.

The ketch-rigged yacht currently tied up at Wisky Pier in Norfolk, Va., was launched 59 years ago. After a number of owners and sailing as a private yacht, commercial and charter vessel, Ring-Andersen was to be purchased by a man in Iowa after a contract was signed for $230,000, but the potential buyer reneged on the agreement, according to The Virginia Maritime Heritage Foundation that has maintained the teak and oak vessel since 2006.

Subsequently, the vessel will be auctioned off eBay Dec. 27.

This is only another page in the history of this vessel. Designed in the 1930s, she was built to be a private yacht in Svendborg, Denmark. She took her maiden voyage out of those shipyards in 1948, but her intended owner died just prior to her completion. She did a stint hauling salt out of Africa before being sold in 1962 to a home in Jutland, Denmark, where she was outfitted with a new deckhouse and crew accommodations below.

The vessel would change hands two more times, in 1971 and 1980, where she underwent another refit, with most of her original planking replaced with oak frames.

The vessel now has three staterooms, each with a private head, and was making roughly $23,000 per week as a charter vessel.

The auction will run until Jan. 6, 2008. The starting bid price has not been release as of yet.

— Elizabeth Ellis