Spencer 64 for Sale
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Updated 31 March 2026 · By Hulls.io Editorial
The Spencer 64: A Complete Guide
The Spencer 64 is a fully custom cold-molded sportfishing convertible built by Spencer Yachts in Wanchese, North Carolina — a small fishing village on Roanoke Island in the heart of the Outer Banks. In the world of big-game sportfishing, Spencer occupies a rarefied position: a boutique custom builder producing just two to three hulls per year, each one shaped from the keel up to the individual owner’s exact specifications. No two Spencer 64s are identical. Every hull, every interior layout, every cockpit configuration, and every systems installation is tailored to the owner’s fishing programme, cruising ground, and personal preferences. This is not a production boat with options packages — it is a bespoke sportfishing yacht built by hand in the Carolina custom tradition.
Billy Spencer founded Spencer Yachts in Wanchese in the late 1990s, but his boat-building career stretches back to the 1960s, when he began working in the wooden boat shops that lined the docks of the Outer Banks. Spencer apprenticed under master Carolina builders, absorbing the craft of cold-molded construction — a building method that uses multiple layers of wood planking, laid at opposing diagonal angles and bonded with marine epoxy, to create a hull that is lighter, stiffer, and stronger than either traditional carvel planking or production fibreglass. The technique has its roots in World War II aircraft construction and was adopted by a handful of North Carolina boat builders in the 1970s and 1980s who recognised its superiority for high-performance sportfishing hulls. Spencer mastered this process over decades and built a reputation for hulls that ride exceptionally well in the steep, short seas of the Gulf Stream off Cape Hatteras — some of the most demanding sportfishing waters in the world.
Wanchese itself is inseparable from the Spencer story. This small Outer Banks community — population under 2,000 — has been a centre of North Carolina boat building for generations. The Wanchese Seafood Industrial Park, built in the 1980s, houses several custom sportfishing yards alongside commercial fishing operations. The proximity to the Gulf Stream (approximately 30 miles offshore from Oregon Inlet) means that Spencer and its neighbours build boats for the exact conditions their owners will face: the steep chop of the Gulf Stream edge, the bar crossing at Oregon Inlet, and the long runs to the canyons. Builders here are not designing for a hypothetical customer — they are building for captains and owners they know personally, for waters they fish themselves.
The Spencer 64 sits at the heart of a broader Carolina custom tradition that includes names such as Jarrett Bay (Beaufort, NC), Bayliss (Wanchese), Paul Mann (Manns Harbor, NC), Garlington (Palm Beach, FL originally, Stuart, FL currently), Whiticar (Stuart, FL), and Tribute (Wanchese). These builders share a commitment to cold-molded or composite custom construction, limited production, and a deeply personal relationship between builder and owner. Together, they represent the pinnacle of American sportfishing yacht design — a tradition rooted in the wooden boat shops of North Carolina’s Outer Banks that has evolved into the most coveted segment of the sportfishing market.
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Spencer 64 Specifications
| Specification | Detail |
|---|---|
| LOA | 64 ft 0 in (19.51 m) |
| LOA (with pulpit & platform) | ~70 ft (21.34 m) |
| Beam | 19 ft 0 in (5.79 m) |
| Draft (full load) | 4 ft 10 in (1.47 m) |
| Displacement (half load) | ~72,000 lbs (32,659 kg) |
| Deadrise (transom) | 10–12 degrees |
| Deadrise (amidships) | 18–20 degrees |
| Hull construction | Cold-molded wood/epoxy composite over longitudinal stringers |
| Planking | Multi-layer diagonal & fore-and-aft planking, epoxy-saturated |
| Outer sheathing | Biaxial fibreglass cloth set in epoxy |
| Frames | Laminated white oak and/or juniper |
| Keel & backbone | Laminated composite timber, epoxy-encapsulated |
| Engines (typical) | 2× CAT C32A ACERT, 1,925 HP each (3,850 HP total) |
| Alternate engine option | 2× MTU 12V 2000 M96L, 1,920 HP each (3,840 HP total) |
| Transmission | ZF or Twin Disc, matched to engine selection |
| Propellers | Custom 5-blade NiBrAl, sized to hull & engine combination |
| Top speed | ~40–44 knots (engine & load dependent) |
| Cruising speed | ~32–36 knots |
| Trolling speed | 6–9 knots |
| Fuel capacity | 1,800–2,000+ US gal (6,814–7,571 litres) |
| Water capacity | 200–250 US gal (757–946 litres) |
| Holding tank | 70–100 US gal |
| Range at cruise | ~350–400+ NM |
| Fuel burn at cruise | ~120–140 GPH combined |
| Fuel burn at trolling | ~16–22 GPH combined |
| Cockpit area | ~170–190 sq ft (custom per build) |
| Cockpit depth | ~28–32 in (custom per build) |
| Generator | 2× Onan or Northern Lights, 20–27 kW each |
| Air conditioning | Marine chilled water, 72,000–96,000 BTU (custom) |
| Staterooms | 3–4 (owner-specified layout) |
| Heads | 3–4 (each with separate stall shower) |
| Crew quarters | Separate crew cabin with head, accessed from cockpit |
| Bridge type | Open flybridge with custom tuna tower |
| Tower | Custom aluminium tuna tower by Palm Beach Towers, Composite Research, or Scopinich |
| Outriggers | Rupp or Lee’s, hydraulic, carbon fibre available |
| Stabilisation | Seakeeper gyro (common option) |
| Builder | Spencer Yachts, Wanchese, North Carolina (Roanoke Island) |
| Build time | ~2–4 years from contract signing |
| Annual production | ~2–3 hulls per year |
Understanding Spencer 64 specifications requires appreciating that every hull is custom. The figures above represent typical ranges drawn from known builds, but a given Spencer 64 may differ meaningfully in displacement, fuel capacity, cockpit dimensions, and systems depending on the owner’s requirements. One owner may specify a deeper cockpit and larger fish boxes for serious tournament duty; another may opt for a shallower cockpit with more mezzanine social space. One may carry 2,000 gallons of fuel for long Bahamas runs; another may accept 1,800 gallons to save weight for canyon fishing from Hatteras or Morehead City. This variability is inherent to the custom process and is precisely what Spencer owners are paying for.
The cold-molded construction is the defining characteristic. Multiple layers of select wood planking — typically marine-grade plywood and/or solid timber strips — are laid at alternating diagonal angles over longitudinal stringers and laminated frames. Each layer is bonded with marine epoxy resin, creating a monocoque shell that derives its strength from the interaction of the opposing grain directions and the rigidity of the cured epoxy matrix. The exterior is then sheathed in biaxial fibreglass cloth set in epoxy, providing abrasion resistance and a fair, paintable surface. The result is a hull that is lighter than a comparable resin-infused production fibreglass hull (such as those built by Viking or Hatteras), stiffer in flex, and exceptionally quiet at speed — cold-molded hulls damp vibration more effectively than solid fibreglass, producing a noticeably quieter ride underway.
Engine selection is typically between the Caterpillar C32A ACERT (1,925 HP per side) and the MTU 12V 2000 series (1,920 HP per side). Both are proven, race-ready powerplants with extensive sportfishing service records. Spencer works closely with each owner and captain to match engine selection, gear ratio, propeller sizing, and hull trim to the intended mission — a level of drivetrain optimisation that production builders cannot offer. Fuel capacity of 1,800 to 2,000+ gallons supports the range requirements of serious offshore fishing, and the custom fuel tank placement is optimised for each hull’s specific weight distribution and running trim.
Performance & Handling
Speed: A well-set-up Spencer 64 with twin CAT C32A engines at 1,925 HP typically achieves top speeds in the 40–44 knot range, with a comfortable cruise of 32–36 knots. These figures rival or exceed production sportfishers that carry more horsepower, because the cold-molded hull is lighter and cleaner through the water. The custom propeller sizing — usually five-blade NiBrAl wheels precisely matched to the hull, engine, and gear ratio — extracts maximum efficiency from the drivetrain. Time-to-plane is quick and clean, with the lightweight hull rising onto step with minimal bow rise and little of the wallowing transition period that heavier production hulls sometimes exhibit.
Ride quality: This is where the Spencer 64 earns its reputation. The combination of the cold-molded hull’s inherent stiffness-to-weight ratio, the pronounced Carolina flare forward, and the custom-shaped deadrise profile produces a ride that Spencer owners describe as “dry, soft, and quiet.” In the steep, short-period seas of the Gulf Stream edge — where 4–6 foot swells stacked against a 2–3 knot current create conditions that punish poorly designed hulls — the Spencer tracks straight, throws spray down and outboard, and absorbs impact without the harsh pounding that denser fibreglass hulls can transmit. The reduced weight also means the hull responds more nimbly to helm input, making backing down on a blue marlin or manoeuvring in a tight marina slip more precise. At trolling speed, the cold-molded hull is notably quieter than fibreglass, which can be an advantage when targeting species sensitive to hull noise.
Fuel management and range: With 1,800–2,000+ gallons of fuel capacity and a cruise burn rate of approximately 120–140 GPH combined, the Spencer 64 delivers a practical range of 350–400+ nautical miles with standard reserves. At trolling speed (6–9 knots), fuel consumption drops to approximately 16–22 GPH combined, providing extended time on station. A typical tournament day — a 60-mile run to the canyons, 8–10 hours of trolling and drifting, and a 60-mile run home — consumes approximately 350–500 gallons depending on trolling pattern and sea state, comfortably within the Spencer 64’s capacity. For owners fishing the Bahamas from south Florida or running to Bermuda from the mid-Atlantic, the generous fuel capacity provides meaningful operational flexibility.
Sea trial culture: Spencer’s location at Oregon Inlet — one of the most notoriously challenging inlets on the US East Coast — means that every hull is tested in genuinely demanding conditions before delivery. A Spencer sea trial is not a calm-water demonstration run. The boat crosses Oregon Inlet’s shifting shoals and runs to the Gulf Stream edge, encountering the exact sea states the boat will face in service. This harsh proving ground has informed decades of hull design refinement, with each new build incorporating lessons learned from the previous hull’s real-world performance.
Interior Layout & Fishing Features
Cockpit: The cockpit is the operational centre of every Spencer 64 and the area where the custom advantage is most evident. A typical Spencer 64 cockpit provides 170–190 square feet of unobstructed working space — larger than most production 64-footers — because Spencer can adjust the cockpit length, depth, gunwale height, and coaming layout to the owner’s exact requirements. Standard features across most builds include flush-mount rod holders, in-deck insulated fish boxes with capacities exceeding 400 quarts, a transom door with a custom lift-gate for fish landing, a refrigerated transom live well, tackle preparation stations with cutting boards and freshwater sinks, raw-water and freshwater washdowns, bait freezers, and multiple storage compartments. The cockpit sole is typically teak or a non-skid composite, faired and finished to tournament standards. Drainage is generous — scuppers are sized and positioned to clear the cockpit rapidly when following seas come over the transom.
Mezzanine and fighting chair: Most Spencer 64s feature a mezzanine seating area between the cockpit and salon, providing elevated observation seating with direct sightlines to the fishing action. The mezzanine typically includes refrigerated storage, rod storage racks, and integrated drink holders. The fighting chair — usually a Release Marine or Murray Brothers custom chair — is positioned to provide optimal leverage for big-game species. Spencer works with each owner to position the chair base, footrest, and gimbal to suit the primary angler’s height and fighting style.
Tower and rigging: Spencer 64s are typically fitted with a custom aluminium tuna tower by one of the premier tower builders — Palm Beach Towers, Composite Research, Scopinich, or Brice Marine. The tower provides an elevated helm station (critical for spotting billfish, tailing fish, and reading colour changes in offshore water), a controls station for manoeuvring during a fish fight, and spreader lights for night fishing. Outriggers are typically Rupp or Lee’s hydraulic units, with carbon fibre poles available for reduced weight. Teaser reels, dredge reels, and additional rigging hardware are owner-specified and installed during the build.
Salon and galley: The interior layout is entirely owner-specified. A typical Spencer 64 salon features a raised settee to port or starboard with a dining table, an open galley with full-size refrigerator and freezer, cooktop, microwave, and dishwasher, and entertainment electronics. The joinery is built on-site at the Spencer yard in Wanchese — hand-fitted, typically in teak, walnut, or white-painted panels depending on the owner’s aesthetic preference. The interior finish in a Spencer is workmanlike and high-quality but deliberately restrained compared to a luxury motor yacht — this is a fishing boat first, and the interior reflects that priority. Visibility from the salon through the cockpit is essential, and Spencer ensures clear sightlines from the settee to the spread and cockpit action.
Staterooms: Most Spencer 64s feature three to four staterooms below decks, configured to the owner’s requirements. A common layout includes a full-beam master stateroom amidships with a queen island berth, cedar-lined hanging lockers, and an en-suite head with separate stall shower; a forward VIP stateroom with queen berth and en-suite head; and one or two additional guest cabins with twin berths or over/under bunks. A dedicated crew cabin with its own head, accessed from the cockpit via a separate companionway, accommodates the captain and mate.
Engine room: Spencer engine rooms are built for full-time professional captains who maintain their own machinery. The engine room provides 360-degree walk-around access to both engines, with clearly labelled systems, professional-grade wiring runs, fire suppression, sound insulation, and ample lighting. The fit and finish is functional and clean — this is a working space, designed for a captain who services his own impellers, changes his own oil, and checks his own zincs. Every through-hull, seacock, and manifold is accessible without contortion, and the bilge is finished in white gel-coat for easy leak detection.
Ownership & Running Costs
The Spencer 64 is an ultra-premium asset with ownership costs reflecting its bespoke construction, limited availability, and the professional crew infrastructure that these yachts demand. Owners should plan for the following annual cost structure, based on a boat running 200–300 hours per year from a southeastern US or mid-Atlantic home port:
- New-build pricing: A new Spencer 64 typically starts at approximately $5.5–$7 million depending on engine selection, systems complexity, interior specification, and tower/rigging package. A fully equipped, tournament-ready build with top-tier electronics, custom tower, fighting chair, Seakeeper gyro, and premium interior finish can reach $7.5–$8+ million. Build time runs 2–4 years from contract signing, and Spencer’s backlog typically extends several years into the future.
- Used pricing: Pre-owned Spencer 64s appear on the brokerage market infrequently — perhaps two to four per year across all model years. A well-maintained Spencer 64 with modern engines (CAT C32A or MTU 12V 2000) and reasonable hours typically trades in the $3.5–$6+ million range depending on age, condition, engine hours, and equipment. Older Spencers with earlier-generation engines may trade lower but retain strong value relative to their original cost. The limited supply means motivated buyers often pay asking price or above.
- Full-time crew: Virtually all Spencer 64 owners employ a full-time captain and mate. A qualified sportfish captain commands $90,000–$140,000 per year plus benefits, housing allowance, and health insurance. A mate earns $50,000–$80,000. During tournament season, a third crew member (cockpit man or second mate) may be added. Full-time crew costs typically run $150,000–$250,000 annually including all compensation and benefits.
- Insurance: Hull and machinery insurance on a $4–$7+ million yacht at 1.0–1.5% of agreed value runs $40,000–$105,000 per year. Named-storm coverage and P&I liability add additional cost. Insurers underwriting cold-molded custom yachts will require documented maintenance records, professional captain credentials, and may require a recent survey.
- Engine service: CAT C32A or MTU 12V 2000 engines require scheduled service at manufacturer-specified intervals. Annual engine and generator maintenance (assuming 250 hours/year) typically runs $18,000–$40,000 for the pair, depending on service interval requirements. The 1,000-hour major service on either platform costs $15,000–$25,000 per engine.
- Dockage: A Spencer 64 with tower requires a slip of at least 75–80 feet. Annual slip fees in premier sportfishing ports (Hatteras/Wanchese, Virginia Beach, Palm Beach, Stuart, the Keys) range from $30,000–$65,000 depending on location and amenities.
- Fuel: At 120–140 GPH cruise consumption and diesel prices of $4.50–$5.50 per gallon, a 250-hour season consumes approximately 18,000–25,000 gallons, costing $81,000–$137,500.
- Haul-out and bottom maintenance: Annual haul-out for bottom paint, running gear inspection, zinc replacement, and through-hull service on a 64-footer costs $14,000–$25,000. Propeller reconditioning adds $2,500–$4,000. Cold-molded hulls require inspection of the epoxy/fibreglass sheathing for any impact damage or delamination — a straightforward process for experienced yards.
Total annual budget: A realistic all-in annual ownership cost for a Spencer 64 running 250 hours per year with professional crew is approximately $300,000–$500,000+, excluding major capital expenditure items such as engine overhauls, electronics refits, or cosmetic restoration. At the higher end of usage and crew staffing, costs can exceed $600,000 annually.
Value retention: Spencer 64s hold their value exceptionally well — better than any production sportfisher in the class. The combination of extremely limited supply (2–3 hulls per year), strong demand from serious tournament anglers, the quality of cold-molded construction, and multi-year new-build wait times creates a market where well-maintained used Spencers command prices that would be remarkable for a production boat of equivalent age. It is not uncommon for a Spencer to sell on the brokerage market for 80–90% of its original build cost after five to seven years of use. In strong market cycles, some Spencers have sold for more than their original contract price. This exceptional value retention is the single strongest financial argument for custom Carolina sportfishers over production alternatives.
How to Buy a Spencer 64
New build process: Commissioning a new Spencer 64 begins with a direct conversation with the Spencer Yachts team in Wanchese. Unlike production builders with dealer networks and configurators, the Spencer process is personal and collaborative. The owner, captain, and builder sit down together — often on the dock in Wanchese, overlooking the very waters the boat will fish — and work through every aspect of the build: hull length and beam, cockpit dimensions, stateroom layout, engine and drivetrain selection, tower design, electronics package, and interior finish. A build contract is typically structured with milestone payments tied to construction phases (keel laying, planking completion, engine installation, systems commissioning, sea trial). The build timeline of 2–4 years reflects the handcrafted nature of cold-molded construction — there is no way to rush the process without compromising quality.
The captain’s role: In the Carolina custom world, the captain is a critical participant in the build process. Many Spencer buyers already have a captain in mind (or on payroll) before the build contract is signed. The captain provides input on cockpit layout, engine room accessibility, helm station ergonomics, electronics placement, and systems design — drawing on years of operational experience to ensure the boat works flawlessly in the real world. Captains frequently visit the yard during construction, inspecting work in progress and making adjustments before the hull is closed. This builder–captain relationship is a hallmark of the Carolina custom tradition and a major reason these boats perform as well as they do.
Buying used: The pre-owned Spencer market is extremely thin. With total production measured in the low dozens, and many owners holding their boats for a decade or more, available inventory at any given time may be zero. When a Spencer does come to market, it attracts immediate attention from informed buyers. Brokerage listings are typically handled by firms with deep sportfishing expertise — Bluewater Yacht Sales, HMY, Gilman Yachts, and similar specialists. Serious buyers often register interest with these brokerages in advance, requesting notification when a Spencer becomes available.
Inspection Priorities for a Used Spencer 64
- Cold-molded hull integrity: Engage a surveyor experienced with cold-molded construction. Inspect the epoxy/fibreglass sheathing for impact damage, stress cracks, or delamination. Moisture meter readings across the hull bottom are essential. Cold-molded hulls, when properly maintained, age gracefully — but any breach of the outer sheathing must be identified and repaired to prevent moisture ingress into the wood laminate.
- Engine hours and service records: Request complete factory-authorised service records for both main engines and generators. Oil analysis reports at every interval are critical. On CAT C32A engines, verify the 1,000-hour and 2,000-hour major services have been completed if applicable.
- Captain and maintenance history: A Spencer with a long-term, professional captain who has maintained the boat meticulously is worth significantly more than one that has changed hands and crews frequently. Ask to speak with the current or most recent captain.
- Electronics and tower: Assess the vintage and condition of the electronics suite and the tower structure. A full electronics refit on a sportfisher of this calibre costs $80,000–$150,000. Tower structural inspections should verify weld integrity and hardware condition.
- Custom documentation: Request the original build documentation, including hull construction photos, systems schematics, and any Spencer yard correspondence. This documentation is invaluable for future maintenance and establishes provenance.
The Spencer 64 rewards patience. Whether building new or buying used, this is not a transaction to rush. New-build owners invest years in the process and are rewarded with a yacht built precisely to their vision. Used buyers who wait for the right Spencer — one with a documented history, a known captain, and solid maintenance records — acquire a yacht that will hold its value and perform at the highest level for years to come.
Spencer 64 vs Competitors & Alternatives
The Spencer 64 occupies a unique position in the sportfishing market — it is neither a production boat nor a generic “custom” label. It is one of a small number of Carolina custom builders whose yachts represent the acknowledged pinnacle of sportfishing design and construction. Comparing a Spencer to a production sportfisher is like comparing a bespoke Savile Row suit to an off-the-rack garment: the materials may be similar, but the fit, the process, and the result are fundamentally different.
Spencer 64 vs Jarrett Bay 64
Jarrett Bay, based in Beaufort, North Carolina, is Spencer’s closest peer — a fellow Carolina custom builder producing cold-molded sportfishing yachts in similarly limited numbers. Both builders share the same construction philosophy, the same commitment to bespoke design, and the same reverence for the Carolina tradition. The differences are subtle but meaningful to informed buyers. Jarrett Bay operates from a larger facility with a full-service marina and boatyard, offering in-house refit and service capabilities that Spencer’s smaller Wanchese shop does not match in scale. Jarrett Bay has also built a broader range of sizes (up to 90+ feet) and has a slightly higher public profile through its marketing and tournament sponsorships. Spencer counters with Billy Spencer’s personal involvement in every build, a distinctively nimble and quiet hull shape refined over decades of Outer Banks fishing, and a reputation among captains for exceptional ride quality in the steep Gulf Stream chop off Hatteras. Pricing is roughly comparable. The choice between Spencer and Jarrett Bay often comes down to the personal relationship between the owner, the captain, and the builder.
Spencer 64 vs Viking 64 Convertible
The Viking 64C is the benchmark production sportfisher — a resin-infused composite convertible built in New Gretna, New Jersey, with twin MAN V12-1900 engines, an open flybridge, and Viking’s industry-leading vertical integration. The Viking is faster in a straight line (43+ knots versus the Spencer’s 40–44 knots), significantly less expensive ($3.8–$4.5 million new versus $5.5–$7+ million for a Spencer), available in 14–18 months versus 2–4 years, and backed by Viking’s extensive dealer and service network. The Viking also dominates resale data, commanding the largest share of pre-owned sportfisher sales. The Spencer counters with fully bespoke construction, a lighter and quieter cold-molded hull, custom cockpit and interior layouts tailored to the owner, and exceptional value retention driven by scarcity. Viking is the right choice for buyers who want the best production sportfisher money can buy, with proven resale and global support. Spencer is the choice for owners who want a one-of-one yacht, built by hand in the Outer Banks, tailored to their exact fishing programme.
Spencer 64 vs Hatteras GT63
The Hatteras GT63 is a production enclosed-bridge convertible built in New Bern, North Carolina. At $3.0–$4.2 million new, the GT63 costs roughly half what a Spencer 64 commands. The GT63’s enclosed, air-conditioned command bridge is a genuine advantage for year-round fishing and poor-weather operations — Spencer builds open-bridge boats, relying on the tuna tower for elevated helm duties. The Hatteras also offers shorter delivery times, CAT engine commonality, and the backing of a legacy production brand. The Spencer counters with custom construction, superior ride quality from the cold-molded hull, a larger and fully bespoke cockpit, dramatically better value retention, and the exclusivity of a handbuilt Carolina custom. The GT63 is an excellent yacht for buyers who want an enclosed-bridge sportfisher with production convenience. The Spencer is for buyers who accept no compromise on custom construction, ride quality, and tournament performance.
Spencer 64 vs Riviera 64 Sports Motor Yacht
The Riviera 64 SMY is an Australian-built production sportfishing motor yacht that combines offshore fishing capability with a higher level of interior luxury than dedicated American sportfishers. The Riviera appeals to buyers who split their time between fishing and cruising, with a fully enclosed flybridge, a more refined salon and galley, and a focus on comfort that reflects the Australian approach to sportfishing. However, the Riviera is a fundamentally different type of boat: heavier, slower, with a smaller cockpit and less aggressive tournament rigging. The Spencer is a purpose-built fishing machine designed by and for serious tournament anglers; the Riviera is a sport cruiser with fishing capability. Buyers choosing between these two boats are really choosing between different lifestyles.
For detailed market data and pricing comparisons between the Spencer 64 and other sportfishing models, visit the Hulls.io Market Intelligence tool.
