Two funds managed by Portland Investment Counsel Inc.
place 3rd in the 2020 Canadian Hedge Fund Awards
  1. Portland Lnb
  2. Portland Lnb Water Temp

Walking distance to the Portland bluffs for a great evening sunset walk and a short drive to the Mississippi, Alberta, and Kenton Neighborhoods. Parking is easy and always available, and for those of with pets, or who just want to enjoy a good park, there is a dog park at the end of the block where your dog can run off lease. From $70 / night. Since our stay in Florida, I have noticed our dish periodically displaying “no LNB voltage” on its control box. It would happen when I raised the dish when we arrived at a new campground. Each time, I powered the system on and off a few times. You know, the troubleshooting step that fixes 90% of computer-based issues.

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...because I’m a businessman, and a better businessman
because I’m an investor.' - Warren Buffett
As Owners, Operators and Investors we have access unique global opportunities

Our Vision

Making unique, quality private and alternative investments more accessible for everyone.

Our Mission

To provide all wealth-seeking clients, institutions, and advisors with access to unique opportunities to co-invest with Portland Holdings group of companies in high quality private and alternative investments typically reserved for the affluent and institutional investor.

  • Our Commitment
  • Who We Are
  • What We Do
  • Who We Serve
  • Our Philosophy
  • Community

Whenever you invest in any Portland Investment Counsel service or solution, you are assured that our goals will be to:

  • Preserve your capital over the long term, because we invest in what we believe to be high quality businesses.
  • Grow your capital at a reasonable rate, as we invest in businesses that we believe are in strong, long-term growth industries.
  • Minimize taxes on your capital as we hold businesses for the long-term, giving you potentially tax-deferred compounding.
Put simply, we are an Investment Fund Manager, Portfolio Manager and Exempt Market Dealer. We have a reputation for being Owners and Operators thus we are insightful Investors. Portland Investment Counsel provides portfolio management and exempt market dealer services as well as investment products. Our investor roots date back to 1986.
  • Private Equity Funds
  • Private Debt Funds
  • Sustainable Investing Funds
  • Alternative Assets & Hedge Funds
  • Public Separately Managed Account Mandates Performance
Individuals & Families
  • Mutual funds
  • Private and alternative investments
  • Portland Investment Counsel discretionary managed accounts

InstitutionsPortland lnb water temp

Portland Lnb

  • Public securities mandates
  • Alternative mandates
  • Private Equity mandates

What are the special needs of our clients?

Portland Lnb Water Temp

  • Investors that expect to be “investment partners”
  • Investors that expect transparent investments that are based on “fair value”
  • Investors that want to avoid the noise of the markets (effects of emotional trading and computer program trading)
  • Investors that want “like-minded” investment partners:
    • Same expectations
    • Same time horizons
    • Same methods of measurement
The Portland Difference. We have garnered a reputation for being a long-term shareholder and for taking significant positions in investee companies. We believe that wealth should be invested in a manner that is most aligned with the principles followed by successful wealth creators.
We are a corporate citizen that is part of a larger community. We strive to “do well and do good” by sharing our success and giving back to society and through sustainable investing can help combat global challenges such as climate change, unfair business practices and social inequality by investing in businesses that promote ethical and responsible corporate practices.
Portland
(Redirected from United States Lightship Nantucket (WLV-612))
Portland
History
United States
Name:Lightship WLV-612 (Nantucket I)
Operator:United States Coast Guard
Builder:Curtis Bay, Maryland
Launched:1950
Commissioned:18 September 1950
Decommissioned:29 March 1985
In service:1951
Out of service:1983
Renamed:Nantucket
Refit:2000
Fate:Sold to private owners
Status:Available for private events and charters
General characteristics
Class and type:Lightvessel
Displacement:617 tons
Length:128 ft (39 m)
Beam:30 ft (9.1 m)
Draft:11 (3.3 m)
Propulsion:550 Hp Diesel
Speed:9 knots (17 km/h)
Range:4000 miles
Boats & landing
craft carried:
26.6 ft. motorized whale boat

The Nantucket Lightship or United States Lightship WLV-612 (Nantucket I) is a lightvessel commissioned in 1950 that became the last lightship decommissioned in United States Coast Guard service.

History[edit]

The Nantucket Lightship was launched in 1950 and put into service in 1951 as the San Francisco Lightship, 8.6 miles offshore of the Point Bonita Lighthouse and the Golden Gate where it was in service until 1969. From 1969 to 1971, it served as the Blunts Reef Lightship at Blunt's Freed near the Cape Mendocino Light in Northern California. From 1971 to 1975 it served as the Portland Lightship marking the entrance to Portland, Maine. It was the last lightship to serve as the Portland Lightship in 1975 when it was replaced by a Large Navigational Buoy. The Coast Guard estimated that it would spend $250,000 per year maintaining the LNB whereas a lightship cost $3 million in addition to the cost of crew.[1]

In 1975 until 1983, the WLV-612 was reassigned as the Lightship Nantucket at Nantucket Shoals, a dangerous shoal 40 miles (64 km) southeast of Nantucket Island.

From 1979-1983 the WLV-612 and the United States Lightship WLV-613 alternated at Nantucket Shoals as the Nantucket I and the Nantucket II, relieving each other approximately every 21 days. On September 1, 1983, while alternating with the Nantucket II the WLV-612 served as a radar and security-communications platform off of the Bush compound in Kennebunkport, Maine, US Vice President George H.W. Bush was on board when he learned the Soviet Union had shot down Korean Air Lines Flight 007 while passing through Soviet Airspace near the Soviet-Alaskan border.[2] The incident propelled the Reagan Administration to allow worldwide civilian access to DNSS/Navstar, the military satellite navigation system that became GPS.

The Nantucket Lightship was decommissioned in Boston on March 29, 1985.

Preservation[edit]

After decommissioning, Nantucket Lightship was purchased by the Boston Educational Marine Exchange but returned within the year to the General Services Administration due to lack of funds. In 1987, The Metropolitan District Commission (MDC) of the Commonwealth of Massachusetts purchased the Nantucket Lightship for $1,500 and sought to open it as a museum at Georges Island (Massachusetts) in Boston Harbor. Instead, due to lack of public funding, it was moved to Marina Bay (Quincy, Massachusetts) where it was maintained by the volunteers at the Friends of Lightship Nantucket. In 1992 the main engines were overhauled and it participated in the tall ship Boston's Parade of Sail for Sail Boston 1992, part of Operation Sail's events for the Christopher Columbus Quincentenary Jubilee with an estimated 8,000 to 10,000 spectator craft.[3]

2006 Rowes Wharf in Boston

In 1999, the Commonwealth of Massachusetts declared the WLV-612 to be surplus property and was put on auction on eBay. The winning bid was by William B. Golden, who beat out scrappers. From 2000 to 2003 a team of 11 craftsmen in New Bedford, Massachusetts restored and outfitted the WLV-612 with a 'master suite and four guest suites with hand carved mahogany and oak beds, six bathrooms, a kitchen with double ovens, two trash compactors, granite countertops, and a six-burner cooktop, a dining room with a tiger maple table able to seat 12, a library/den, an office, and an entertainment room with a flat-screen television, foosball table, and the captain’s original poker table.' [4] The Nantucket Lightship remains as the only fully powered and operational lightship in the United States.

Nantucket Lightship at Straight Wharf on Nantucket Island

In August 2009, the Nantucket Lightship was anchored off the Kennedy Compound after the passing of Sen. Ted Kennedy as part of a memorial. For several years she was docked in TriBeCa in Lower Manhattan and was operated by a partnership with caterers and events company Mint Events and TASTINGS NYC-Palm Beach as an event space and yacht available for charter and from Spring 2016 until October 2016, she was docked at Pier 6 in Brooklyn Bridge Park and was hosting talks and public tours in the park. In February 2017, she was featured on WCVB-TV's program Chronicle (American TV program) while docked in New Bedford, Massachusetts. Since 2018 she has been docked in Boston Harbor, also the location of another Nantucket Lightship, the United States lightship Nantucket (LV-112).

References[edit]

  1. ^Harkavy, Jerry (26 February 1975). 'Portland Lightship to be taken off station Thursday'. Bangor Daily News. Retrieved 25 February 2016.
  2. ^'LIGHTSHIP WLV 612'. U.S. Coast Guard Lightships & Those of the U.S. Lighthouse Service. The United States Coast Guard. Retrieved 25 February 2016.
  3. ^Cutting, Robert (26 January 1992). 'Boston, New York Are Port Stops For 130 Tall Ships in June, July'. Tulsa World. Retrieved 25 February 2016.
  4. ^'Lightship Nantucket I WLV-612, MA'. Lighthousefriends.com. Archived from the original on March 4, 2016. Retrieved 25 February 2016.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=United_States_lightship_Nantucket_(WLV-612)&oldid=989810885'
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