One of just twenty-nine ‘Panda’ hulls completed in the famed Ta Shing yard, the inventory onboard “Restless” is very extensive and complete for your offshore sailing adventures to come. The boat has been exceptionally well maintained over the years, and now she’s fully ready to go ‘round again. 

We installed a brand new Beta 38 diesel this past August and she’s performing just as expected, with good economical cruising speed of 6.5 kts. while under power during our recent trip from Anacortes to Seattle.

Her brightwork has been refinished in the warm weather over the past two summers and we have thoroughly checked and operated her systems top to bottom.  

Numerous small repairs have been completed to bring ‘Restless’ to her very best condition including new Lexan panels for the hard dodger windscreen. She’s been well cleaned including her myriad custom canvas covers. The comfortable foam Queen-sized mattress in the forward cabin was sent out for professional cleaning last week.

The hull was surveyed and zincs replaced while ‘Restless’ was hauled for engine installation in August. There were no structural concerns indicated and the bottom paint is in good shape. That report will be made available in the process of completing a sale, thus saving her new owners an additional haul out expense. 

Please take some time to review all of the details listed within.

If you’ve got that dream – we’ve got that boat.  

Call soon … David Wallace 206.225.3360


Dimensions and Tankage:

LOA: 40’ 7”

LOD: 37’ 6”

LWL: 31’ 5”

Beam: 12’

Depth: 5’ 8”

Displacement: 19,000 lbs.

Ballast: 6,600 lbs.

Cabin Headroom: 6’ 4”

Fuel: 140 gal., stainless steel (centerline)

Water: 75 gal., aluminum (port and stbd. settee)

Waste: 20 gal., fiberglass (molded centerline)


 Photo Gallery: click to enlarge and scroll through the photo set




Specifications and Details


Garmin GPSmap 3010C with Data cards:

1. Seattle

2. Northwest Coast of US and Alaska

3. CAN., US., West Coast

4. California to Mexico

5. South Pacific

6. Australia and New Zealand

7. Timor and New Guinea

8. Indonesia

9. Hong Kong and S. China Sea

10. Taiwan

11. Miscellaneous local data cards

Blue Chart – CD Rom: ‘America’ and ‘Pacific v. 7’

Garmin GMR 20/40 radar

iCom M802 Single sideband radio

iCom M504 VHF radio

BGH-1000 Navigation instruments in cockpit; wind, speed, direction

Vesper Marine AIS “Watch Mate” 850

One 12v plug at Nav table, one in the cockpit, two in the salon

Pactor (SCS Comp) modem connections at chart table

Plug-in for mobile GPS handheld reader


NEW ‘Beta-38’ four cylinder marine diesel, Hi-output 70 amp. alternator, Hurth V-drive, September, 2022. 

Just 15 hours on new main engine; for mechanical sea trial and a run of 80 miles on delivery to Seattle

Beta “B” series instrument panel; tach. and temp. gauge, oil alarms, pre-heat, stop button and LCD display.

Main engine and Aux. diesel 4-D start battery  

3 – 4D Gel House and Inverter Batteries under the quarter berth and Nav. table

Auxilliary Diesel Kubota 2-400B, 8.5 hp/3600 continuous DC output, 5,015 hours

New Facet lift assist pump for Kubota aux. engine, October, 2022

BalMar Hi-output alternator for the KubotaRefrigeration pump runs off the Kubota 

Watermaker pump runs off the Kubota (575 hours on the pump)

Dual racor 75/500 water separators


30 amp shore power cord

Spare shore power pigtails 20-30 amp in stowage bag

2 – Deka ‘Dominator’ Gel 4-D house batteries

1 – Interstate Group 27 Beta 38 start battery, new October, 2022

1 – Group 27 Kubota start battery

Battery switching and combining panel at nav. table

BEP Marine Matrix battery monitor

BalMar ARS battery regulator (spare)

Magnum Energy ME Series battery charger 

2,000w output Magnum power inverter

Magnum Energy interface panel at navigation table

2 – Kyocera KC65T photovoltaic panels, output 65 watt max. x 2

Sails and Rigging

Selden aluminum mast, tall rig; 48’

All standing rigging replaced in 2005

Selden Furlex 300-S Genoa furling

Intermediate jib furling, with a spare ’emergency’ furler drum

Spinnaker pole on mast fitting

Mainsail; C. Hasse, Pt. Townsend

110% Genoa foresail; C. Hasse, Pt. Townsend

Intermediate staysail; C. Hasse, Pt. Townsend

Storn Tri-sail; C. Hasse, Pt. Townsend

Storm staysail; C. Hasse, Pt. Townsend

140% Asymmetrical spinnaker and chute: C. Hasse, Pt. Townsend

Spare mainsail (Neil Pryde, older)

All sails in bags, good condition


Force 10 two-burner propane stovetop and oven, butcher block top cover

Icebox with Technautic refrigeration plate system

Village Marine Tec 450 – Single membrane watermaker system powered by Kubota auxiliary pump

Seaward hot water tank; new element, pressure valve and thermostat, October, 2022

Dual stanless sink with new sprayer wand head

Two galley foot pumps; fresh water tank and watermaker test sample

Seven storage cabinets

Five storage drawers


Forward Cabin:

Queen berth, custom foam mattress and topper, 6’ 6” length, 6’ 3” wide at head

Mattress professionally cleaned, November, 2022

Large deck hatch, shaded plexiglass with screen

Five storage lockers

Cedar-lined hanging locker

Two 110v outlets

Two 12v. halogen reading lights in fwd. stateroom area

Aft quarter berth – 6’ 6” length, house batt. stowage and spares beneath, NO mattress pad.


Espar diesel heater (with spare filters, seals and hose)

Pioneer DVH-P5000MP – AM/FM/CD stereo

KLH bookshelf speakers in salon and forward stateroom

Phillips 17” LCD – HD monitor w/remote

Salon dining table has a fitted pad with vinyl cover

Salon butterfly hatch with screen 

Port settee slides out to 6’ single berth

Intertec 110v oil radiator heater

True North 110v space heater

Two Caframo 110v fans

Caframo 12v clip-on fan

Four Kona 12v clip-on circulating fans

Four storage cabinets

Two bookcases

Four storage drawers

Hanging locker

Overhead red/white 12v lighting

Four 12v LED reading lamps

Two oil lamps

Ship’s bell

Riccar portable vacuum with hose and attahcments

Head and Shower

Flo-jet freshwater pump w/inline filter

Raritan manual toilet

Adjustable height shower wand fixture with new sprayer head

Shower sump discharges via 12v. pump to overboard

Marble countertop

Freshwater foot pump

Mirrored medicine cabinet

Full length mirror

12v circulating fan

Four cabinets

Two drawers

Two 12v LED lights

Overhead 12v red/white light

Deck and Gear

Emergency tiller

Fore and aft 20’ black mooring lines

Four inflatable Poly-foam fenders with clean black nylon covers

Teak bow pulpit with dual anchor rollers, cleaned and sealed

R/G running lights rewired through bow pulpit rail

Teak decking cleaned, sealed, new Sika caulking as needed

Teak decking routed, caulked, refastened and sealed 2008

Custom made maroon canvas covers for all of the brightwork

All canvas covers recently cleaned, in very good shape

Selden mast with Spartite deck seal and mast steps 

Boom cover professionally cleaned, in very good shape

Aft cockpit bimini recently cleaned and in very good shape

Chromed Dorade vents newly powder coated inside for lasting appearance

Edson steering pedestal with canvas cover, recently cleaned

4” Ritchie helm compass

Folding mahogany table refinished and attached at helm pedestal

Folding seat cushions with backs and two ‘toss cushions’

Sailomat 601 self steering vane with multiple spare air vanes

Hard dodger with two solar panels and snapped storage bags within

NEW Lexan ‘polycarbonate 60’ inserts for the cockpit dodger, August, 2022

Simpson-Lawrence ‘SeaTiger 555’ manual dual capstan mechanical windlass

CQR Plow, 60 lb with 300’ all chain rode on bow pulpit roller

CQR Plow, 45 lb with 100’ chain and 300’ line in forepeak stowage

Fortress Danforth-style 12 lb. aluminum ‘lunch hook’ anchor on aft pulpit

300’ of 1″ braided line rode for spare anchor

150’ of spare 1” braided line in cockpit locker stowage

Anchoring bridle for foredeck mooring

Givens six-man canister inflatable liferaft in foredeck cradle

ACR Electronics EPIRB

Two 20lb aluminum propane tanks, regulator, gauge and solenoid shut-off in galley

Propane line and fitting for adding a barbecue on the aft rail

Novalift MOB hoisting davit at stern rail

Lifesling on aft rail with custom maroon canvas cover to match

Windlass handle, winch handles, fire extinguisher in cockpit locker

Small line, tie downs, miscellaneous small hardware in cockpit locker

Whale Gusher manual bilge pump in cockpit

Teak 8’ boat pole

Exterior cleaning supplies

An extensive and exceptionally well constructed inventory of custom made maroon canvas covers and fittings for all brightwork, helm pedestal, winches, sail bags, ditty bags, etc.  Black mesh screened enclosures for the cockpit.  All in good, serviceable condition, and some nearly new.

Miscellaneous and Spares

Operations manuals for everything, organized and stowed aboard

Beta Diesel engine operation and repair manuals

Kubota auxiliary diesel repair guide

Spare starter for Kubota, raw water impeller, belts, and fuel and oil filters

Spare motor mounts for Kubota

Spare BalMar rebuilt two-pulley alternator

Filters, gaskets, etc. as spare for Espar heater

Spare Sanden 505 refrigeration compressor pump

Fuses, connectors, wiring spares

Jabsco oil change hand pump

Water purifying solution, lamp oils

Racor separator filters and freshwater filters

Storage tote #1 – black rubbermaid; hardware, terminals and blocks for running rigging, stowed in salon hanging locker

Storage tote #2 – Rigging hardware, furler fittings, spare drum, freshwater pump, misc. hardware [beneath vee berth]

Storage tote #3 – Epoxy, fillers, lube sprays, degreasers, purifier solution for watermaker,. lubricants [beneath vee berth]

Storage tote #4 – Enamels paints, varnish, brushes, rollers, solvents, misc. supplies [beneath vee berth]

Storage tote #5 – Assorted sizes of teak and mahogany bungs, sanding discs and pads, sealer [beneath vee berth]

Storage tote #6 – fuel and oil filters for genset, new spare starter motor, Sanden refrigeration pump 

Qtr. berth storage – Water, fuel and misc. hose segments, stays and shrouds 3/8” and 1/4”

Engine Compartment storage – Oil, filters, coolant, ATF, various cleaning supplies

Vee berth storage – large Rubbermaid tote for spare canvas, mesh duffle bag with fitted mesh cockpit enclosure pieces, engine belts for Kubota auxilliary engine.


Additional Custom Canvas (not shown in photos)

Boom crutch cover

Cover for Lifesling rail mounted overboard toss ring’

Maroon canvas and black mesh cockpit curtains

Foresail deck stowage bag for forestay

Three canvas stowage bags for loose canvas and miscellaneous

Windlass cover

Bimini cover, for use when the frame is folded up

Sail stowage bags, labeled, by Hasse

Mast partners trim ring

Spare sail cloth, canvas, black mesh, rubber shelf liner, ‘diamond’ cockpit coaming nonskid

All custom canvas was meticulously designed and fabricated by former owners!


 ~ ~ Information about “Restless” from her Former Owners ~ ~

The following article was authored by “Restless” former owner Mary Brandon Fox, March 4, 2010, as it appeared in Cruising World Magazine, and is reprinted here with her permission. Reprinted from “Classic Plastic”, in the February, 2010 issue.

Panda 38′

“Teak and bronze finery belie the Panda 38’s solid cruising capabilities.”

The Panda 38 is built like a piece of fine furniture, and the boat’s sea-kindly motion will take care of you in a blow offshore.

The respected Ta Shing Yard in Taiwan built the Panda 38 in the 1980s for Bob Berg and the Quicksilver Corporation. It was designed to be a lighter, faster, and smaller sibling to the Panda 40 while retaining the solid offshore capability for which Berg’s boats were known.

Designer Gary Grant gave the Panda 38 traditional lines that are accentuated by generous applications of teak used on the wide caprail, bronze-capped rubrail, grabrails, and cockpit coaming. Most of the boats were cutter rigged as a factory option and were fitted with a generous bowsprit. A vented teak platform attached to the bowsprit accommodates dual bronze anchor rollers.

Ta Shing’s interior teak joinery and craftsmanship is legendary. Aboard our Panda 38, Restless, we feel as though we live in a fine piece of furniture. The bulkheads are vertical teak staving; the overhead, between the laminated beams, is made of removable panels of laminate or spruce staving; locker doors are louvered teak. A teak grate at the foot of the companionway drains through a pan into the bilge.

The roomy and seaworthy U-shaped galley is to port of the companionway. On the starboard side, the forward-facing navigation station has adequate room for instrumentation and ample space in which to work. In some boats, the layout of galley and nav station was reversed.

The main saloon provides a generous area for living and entertaining, with a settee/sea berth to port and, to starboard, a U-shaped dinette that seats four comfortably. The master stateroom, in the bow, has a king-size V-berth. Aft of it, on the starboard side, the head has a marble countertop and a separate shower. Aft of the navigation station is a quarter berth.

Twelve old-school bronze opening ports, four cowl vents on teak dorade boxes, a forward-opening teak hatch in the V-berth, and an elegant teak butterfly hatch over the main cabin provide excellent airflow throughout the interior

While the standard engine was the Universal 40-hp. diesel, some boats, including ours, have a Universal 50. The V-drive transmission leaks notoriously and has been replaced on many boats. Access to the engine area under the cockpit is outstanding.

Generous tankage permits extended cruising: A black-iron tank under the saloon sole carries 75 gallons of diesel, and two stainless-steel tanks under the settees hold 140 gallons of water between them.

The Panda 38’s teak decks are laid on top of a fiberglass sandwich. When we removed hardware to recaulk the deck, we found that the deck core is made of individual 2-inch balsa squares with resin barriers between them, which limits core damage when a leak occurs.

A moderate performer under sail, the P38 goes to weather pretty well even in light air. The boat will turn in 150 miles in 24 hours with 10 knots or more forward of the beam, but if it’s aft of the beam, the Panda needs more wind to perform in any significant sea state. The more wind, the more the 38 likes it. The boat has a sea-kindly motion and modest weather helm. The bathtub cockpit is rather small. We feel tucked in and safe when passage-making, but it seats only four to six people comfortably at anchor.

Our Panda 38 has proven to be a strong and solid sailboat and a comfortable home. Ta Shing built 29 of them during the early 1980s. They’re rare; expect asking prices between $100,000 and $125,000, depending on equipment and whether the abundant teak is in a gray “natural state” or in show condition.

For more information, visit the Baba-Panda-Tashiba owners website (

Mary Brandon “Brandy” Fox and her husband, Mark, sailed their Panda 38, “Restless”, from Seattle to Patagonia via California, Mexico, Ecuador, Easter Island, and Chile.


~ ~ Historical and Performance Notes; Authored by the Staff of ~ ~

[ Original Publication: ]

The Panda 38 is a 40′ 7″ monohull sailboat designed by Gary Grant and built by Ta Shing Yacht Building Ltd. starting in 1982. 

The Panda 38, introduced in 1982, comes from a whole family of Scandinavian styled cruisers developed by Bob Berg in the mid-1970s through to the mid-1980s which included the popular Baba 30, 35 and 40 designs from Bob Perry. The boat was originally conceived as a smaller and lighter alternative to the Panda 40 (aka Baba 40). Like other boats from Berg, the Panda 38 was built by Ta Shing which has been generally considered the best boatyard in Taiwan, and the stunning interiors reflect this.

The Panda 38 has a reputation for sea-kindly motion, easy handling, and brisk performance. Since its introduction, only 29 have been built so they are quite rare to find on the market, and like all boats from the Bob Berg / Ta Shing duo, they have enjoyed an avid fan base.


Delving into the history of the Panda 38 we need to step back to 1976, the year that brought the world the Baba 30. The little boat was the brainchild of Berg who knitted together the design talents of Bob Perry with his new discovery, a small boatyard called Shing Sheng. The Baba 30 reinforced to the American public the kind of boat that could be built in Taiwan. It was a salty full keeled cruiser that packed an incredibly livable interior into 30 feet. Brimming with quality, the boat helped the yard (now operating out of purpose-built facilities under the name Ta Shing) in the direction of becoming Taiwan’s premier boatyard.

The Baba 30 led to the 35, and culminated in the fast and luxurious full-keeled Baba 40, a boat that had its lines derived from the now legendary Valiant 40. After a naming rights kerfuffle the Baba 40 became the Panda 40. Roughly the same time, in 1981, Bob Berg was looking for a smaller and lighter alternative. As Berg puts it:

“… the market demanded a smaller and lighter weight boat with a different stern than the Baba 40. I envisioned a stern similar to the ‘James W. Hart’, a catboat that Bill Garden designed with an old-time extended counter stern. This type of stern allowed for a larger cockpit.”

For the design he commissioned Gary Grant who had prior experience with this style of boat having worked in the Perry design office. It was to be his first commission as an independent designer. He set about tweaking the design formula to maximize waterline length, reducing wetted surface area and reducing displacement.

The boat was of course built by Ta Shing and was introduced in the latter part of 1982. Though most of the records were shredded in 1992, Berg says the records indicate at least 29 boats were built. Most were sold into the Pacific North West. Interestingly, the first Panda 38 off the production line was White Bear, Berg’s own boat, the name being the literal Chinese translation of Panda Bear.

Configuration & Layout

The Panda 38 is a Scandinavian style cruiser like Berg’s previous boats, there’s a cutter rig (though many owners like to sail their boat as sloops with a removable inner stay), a three foot bowsprit, and a flat bottomed full keel. And like the prior boats that were designed by Perry (Baba 30, 35, 40) , Grant follows the same formula by cutting away the keel’s forefoot and firming up the turn of the bilge to reduce drag. The hull’s canoe underbody remains flat well aft to improve downwind performance. To make the boat easy to short hand, Grant reduced the sail area which led to a significant reduction in displacement. The Panda 38 weighs in at a full 10,000 lbs less than the Panda 40.

Visually, perhaps the most striking difference from prior boats has been the departure from the canoe stern in favor of a transom. Berg says “I decided to come out with a boat with a different stern design because I felt that not every sailor wanted a double-ender“. Regardless, the transom usefully increases the usable deck space and aids the waterline length slightly.

The bathtub-like cockpit is suitably small for bluewater passage-making, but seats only four to six people comfortably at anchor.

Below deck, some of the true quality of the boat comes to light. The sheer quantity and quality of the teak joinery work is striking and utilization of space is impeccable. Berg was well known to work over every fine detail at the Ta Shing factory, looking for clever ways to use every nook and cranny.

There’s a huge well designed galley with generous dry storage areas. 

The boats came with the option of the galley port or starboard. With the port located galley, to starboard was placed the navigation station with the navigator’s seat formed by part of the seagoing quarter berth which runs further aft. In the starboard located galley, to port was placed a generous wet-locker space with a reverse facing navigation station further forward utilizing the port settee as a seat.

The sole below the companionway is sensibly made from teak grating to allow drainage while changing out of wet weather gear. Access to the engine behind the companionway stairs is excellent.

In the main salon are settee berths port and starboard, there’s plenty of space for living and entertaining around a U-shaped dinette seating four in comfort. Above is an elegant teak butterfly hatch offering good ventilation. Further forward to starboard is the head with separate shower. At the very front, most boats have a stateroom consisting of a queen sized berth though a few boats were optionally fitted with V-berths.


The Panda 38’s hull is constructed in hand laid fiberglass, while the decks share similar treatment with a coring of end grain balsa broken into two inch squares with resin barriers to limit potential for rot damage from leaks. Ballast consists of 6,600 pounds of iron cast in a single piece and sealed and glassed over.

The bulkheads consist of vertical teak staving, while overhead, between the laminated beams are removable sheet laminate or spruce staving. In efforts to reduce condensation, the hull’s interior is lined with polyurethane foam in the living areas.

Under Sail

The Panda 38 is a good performer under sail, she is sea-kindly and is known to excel to weather regardless of light air. In fact owners report 150 mile days with only ten knots of wind in a close reach, more wind is required when downwind in any significant sea state. We hear the overall boat speed of the Panda 38 is close to that of the impressive Baba 40.

In terms of balance, the boat exhibits a slight weather helm with a particularly good rudder response (aiding close quarter maneuvering).

Links, References and Further Reading

» Baba, Panda, Tashiba sailboat Yahoo Group, information and owner discussions.

» Sea Magazine, Mar 1984 (p52-p55), Panda 38 Sea Trial by Bob Vollmer

» Cruising World Magazine, Mar 2004, Panda 38: Passagemaking Princess by Mary Brandon Fox


For their assistance in the research of this article, thanks goes out to Bob Berg, Tim Ellis (who managed boat production at Ta Shing) as well as owners from the Baba, Panda, Tashiba group, particularly Michael McConnell, Bruce Pappas, and Hal & Patsy Cook.


~ ~ About Our Pacific Marine Foundation ~ ~

We are selective about the vessels we accept into our program and we pursue a very rigorous process before they are listed for sale.  This begins when we first meet with our donors to discuss the condition and recent upkeep of their boat.  Once accepted, each new arrival undergoes a thorough examination, similar to what a marine surveyor will do.  This allows us to prioritize our attention to any deferred maintenance or repairs that may be needed. 

Over the years we have performed just about every kind of marine repair, from electrical and plumbing issues to all types of appearance enhancements and even rebuilding engines.  If something is not working right we fix it, simple as that.  We prove that her electrical, mechanical and plumbing systems are correct, safe and functioning properly.  By doing all of this we know our boats quite well from top to bottom and present them fairly and honestly to buyers. 

We encourage you to have our boats professionally surveyed as a part of your purchase process.  By the time we’ve finished and the boat is advertised, we’re confident you will receive a strong report from your surveyor.  

Thank you for considering PMF boats in your search !