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Hatteras 54 Convertible

For those of you unfamiliar with the beginnings of Hatteras Yachts, let me give you the quick skinny on how it all began. As the story goes, on a particularly snotty day in May 1959, Hatteras founder Willis Slane was not at all happy to be sitting and staring out at the roiling ocean from the windows of the Hatteras Marlin Club in Hatteras, North Carolina.The majority of the wooden
54 Convertible
Price $1388000.00


Year 2003
LOA 54'0"
Beam 17'3"
Draft 4'2"
Fuel Capacity (in Gallons) 1250
Water Capacity (in Gallons) 180


Standard Power 2/800-hp 3406E Caterpillar diesel inboards
Optional Power 2/1,000-hp C18, 2/1,400-hp 3412E, or 2/1,550-hp C30 Caterpillar diesel inboards
Controls Sturdy single-lever electronic
Weight 63347 pounds
Steering Teleflex hydraulic

For those of you unfamiliar with the beginnings of Hatteras Yachts, let me give you the quick skinny on how it all began. As the story goes, on a particularly snotty day in May 1959, Hatteras founder Willis Slane was not at all happy to be sitting and staring out at the roiling ocean from the windows of the Hatteras Marlin Club in Hatteras, North Carolina.

The majority of the wooden sportfishermen of the time didn't handle the unpredictable in- and offshore waters of North Carolina all that well, so Slane set out to build a boat out of fiberglass, the upstart new material that was beginning to garner the attention of the boatbuilding world. Four months later, with the financial backing of several friends, he opened up a plant in High Point, North Carolina, and with the help of young naval architect Jack Hargrave, a knowledgeable fiberglasser, and a gang of skilled boatbuilders, built Knit Wits, a 41-foot sportfisherman that was launched on March 22, 1960, thus beginning a heritage of deep-water, horizon-chasing battlewagons of which the 54 Convertible is the latest.

I first met up with the 54 at last year's Miami International Boat Show where she was being previewed. During subsequent visits, I got the opportunity to sit down with Hatteras captain Terry Stansel and discuss how this boat was conceived. "We started out with a wish list of what we wanted to fit inside, including lots of stowage, suitable quarters for crew if necessary, and a workable engine room space and drew the boat around that," he said.

To say that Stansel is familiar with the 54 would be an understatement. Besides being a member of the Hatteras Design Team, for about ten months out of the year, he and wife Bonnie call the 54 Hatterascal home, traveling the big-fish tourney and boat show circuits and also providing prospective owners with demo sea trials.

"Fortunately we had some guys at our New Bern, North Carolina, plant that were quite familiar with custom boats and used them to bring some new features to the 54 without altering the basic Hatteras layout. Some things you just don't mess with," he said, as we continued the conversation. He went on to tell me that the conception and building process was not just limited to the Hatteras Design Team. To make sure they were on the right track with this boat, Stansel and company also sought input from many of their dealers regarding what their customers wanted.

The new features Stansel referred to begin on the outside. While she's unmistakably a Hatteras, the 54 comes at you with a sleeker profile that has more of a rake to the sheer and flare to the bow than previous Hatteras convertibles. Large, elliptical, frameless, smoked-glass windows add to the new look, and there have been changes below the waterline, as well. According to Bruce Angel, Hatteras' vice president of product development and design engineering, the 54's running bottom is convex from the keel to the chine to help reduce impact accelerations while contributing to a smooth head-sea ride and minimizing broaching. "We also put in tooled-in spray rails, two per side, to cut down on the spray usually associated with a heavy boat," he said.

Like most boats of her breed, the 54's deadrise diminishes as you go aft to increase lift, improve low-speed handling, and increase transverse stability while on plane. But Hatteras' version is different. "We call it a twisted bottom," Angel said. "It varies from 20 degrees at amidships to about two degrees at the transom." The 54 also has prop tunnels to reduce shaft angle, so the boat draws only 4'2", which comes in handy, especially in the Bahamas, Keys, and on the west coast of Florida. "I've been in places with this boat at dead low tide where in the past I'd never been able to bring in a deep-draft boat," recounts Stansel. He also sees this design feature as an idea whose time has come for Hatteras. "I think we've got our 60 at just about 5'1" now, " he says.


"We also paid attention to the engine room by accommodating a pair of C30s in the power option," noted Stansel, referring to the new 1,550-hp 30-liter Caterpillar V-12s. The C30 is about three inches shorter than the Caterpillar 1,400-hp 3412E's 81.8-inch length but only 31 pounds heavier. (A pair of 800-hp Caterpillar 3406E diesels is standard.) And as I found during my inspection of the engine room, while not a fully stand-up space, there is more than enough room there to do maintenance as well as access other equipment.

This well-thought-out use of space is also found in other places throughout the boat. For instance, her 149-square-foot cockpit has a 6'6"-long fishbox with macerator, a bait and tackle center with sink and bait freezer, raw- and freshwater washdowns, a chill box under the step leading into the saloon, and a pair of stowage lockers under the port and starboard coamings. "I prefer the transom door setup without the gate," Stansel told me, noting the design reduces the chance of someone going overboard while horsing in a trophy fish, especially in unfriendly sea conditions.

Stansel holds court from the 150-square-foot flying bridge. A pair of Murray Brothers pedestals provides captain and guest with comfortable seating that affords not only the vistas common to convertibles but, with their positions well aft, allows an unobstructed view of the cockpit and waters to either side. A pair of optional electric teaser reels was in a flush-mounted cabinet in the hardtop above the captain's seat. The pod console has single-lever controls and an optional electrically retractable electronics module that disappears into the console. There's a drink box forward and to port and plenty of seating with stowage space underneath.

But the 54 is more than a tournament-ready fishing machine. She also provides her owners, their guests, and crew with comfortable and well-appointed accommodations. The saloon and galley areas—the galley is forward of the saloon and to port and has a dinette opposite it—offer 195 square feet of space. The saloon has a butter-soft faux leather couch to port with loads of stowage beneath--Stansel keeps 80 and 50 Internationals there--as does the adjoining optional coffee table. The galley is equipped with a four-drawer Sub-Zero refrigerator-freezer, garbage disposal, microwave/convection oven, four-burner stovetop, wide countertops, and cabinet stowage. In addition, there are six 36-inch-wide drawers that should make it easy to provision this boat, and those large, wide windows provide plenty of ambient light as well as afford panoramic views.

Below, the layout consists of three staterooms and two heads. There is an optional two-bunk configuration for the forepeak, but my boat had the more traditional queen centerline berth. These quarters, the side-by-side guest/crew quarters just aft and to starboard, and the master to port all have lots of stowage. In the master I found drawers beneath the berth, a large cedar-lined locker, and a dresser with drawers. The forepeak also has stowage beneath the berth, a cedar-lined locker, and lockers located above and to either side. The guest/crew quarters has a double-door closet and lockers and under-bunk stowage. With all this stowage you'll never have to wear the same T-shirt twice, but just in case, a standard washer-dryer combo is neatly tucked away in a hallway closet.

Hatteras did not change its construction techniques. Like all Hatterases before her, and most probably all those after her, the 54 has a solid fiberglass bottom with no coring. Nonabsorbent Divinycell PVC foam core is used in the hull sides and superstructure. The engine beds are mounted to steel plates fully encapsulated in fiberglass stringers. According to Hatteras, mounting the engines directly to the fiberglass stringer system helps prevent engine vibration from being transferred to the hull. The topsides are in three parts: bridge, console, and house and deck mold, which includes the cockpit insert, and it all fits together with the hull in a precise, shoebox fit. "We've taken a lot out of the construction process by doing it this way without compromising any strength or integrity," said Stansel. "The fewer parts there are, the stronger the finished product."

So she looks good sitting in the dock, but how did she behave out on the water? My sea trial took place at Hatteras' New Bern facility on the Neuse River on hull number 15, which was lighter than the prototype by about 5,000 pounds.

The river was just about flat calm, and therefore I could not assess her seakeeping abilities. But I was able to quantify what happened when I put the raw power to that fine-tuned hull design and experienced the boat's adroit handling. It was exhilarating to take this fully loaded machine—74,520 pounds with nearly full fuel, water, and eight persons aboard, including Stansel and Angel--and put her through her paces. I clocked my 54 at an average WOT speed of 38.5 knots, or 44.3 mph. And when I dropped her down to 1750 rpm, I still had the 54 doing 30.4 knots, 35 mph. At that speed her twin C30s were consuming 80 gph, which translates into a 428-NM range. All in all, these are pretty impressive numbers compared to other convertibles I've been on.

As for her handling, I found her steering to be silky smooth and highly responsive thanks to the Teleflex hydraulics. At her 2100 rpm cruise speed of 42.7 mph, I noted she tracked straight and true, and when I threw the wheel back and forth into some quick S-turns, she answered the helm quickly. I still felt like I was moving even after we had her tied up at the dock. After being out on a boat like the 54, I guess I still wanted to be.

With her new look and big-power option, coupled with her proven construction and comfortable amenities, the Hatteras 54 seems sure to garner a place among horizon-chasing, offshore battlewagons. In fact, I'll bet she'll be the kind of boat that will often be at the head of the pack instead of merely running with it.

Hatteras Yachts
(252) 633-3101

The Boat

Standard Equipment

17-kW Onan genset; insulated drink box on flying bridge; adjustable Murray Brothers helmsman and companion seats; Northstar 952XDC GPS/plotter; Icom VHF; Simrad AP22 autopilot and IS15 depth and speed indicators; central vacuum; bait and tackle center; double-size bait freezer; port and starboard stowage lockers; steel mounting plate for fighting chair; Glendinning Cablemaster; U-line ice maker in saloon; Amtico sole in galley

Optional Equipment

refrigerated cooler box; power-actuated flying-bridge console; 4/Pompanette wing board rod holders; Murray Brothers fighting chair; full Pipewelders tower

Other Specification

Waterline length:46'0"

The Test

Test Boat Specifications

  • Test Engine: 2/1,550-hp C30 Caterpillar diesel inboards
  • Transmission/Ratio: ZF2150A/2.92:1
  • Props: 39x75 7-blade Nibral
  • Price as Tested: $1,930,350

This article originally appeared in the March 2003 issue of Power & Motoryacht magazine.

The Photos