Boatyard News

As the recreational boating industry strives to grow, the role boatyards play continues to become more significant. Owners who use their boats frequently require service that is quick and complete, even as the vessels themselves grow more complex in terms of their engines and electronics. Boatyards are starting up or expanding in an effort to meet this challenge.

Problems mount for Derecktor Shipyards

Derecktor Shipyards, the yacht builder that has gone bankrupt twice in Connecticut and now also in New York as its shipyard there seeks Chapter 11 protection, is finished in Bridgeport, according to a city official. Derecktor is the builder of the 281-foot Cakewalk V, which at the time of her 2010 launching was the largest…more

Rhode Island boatbuilder will move to Maine

Front Street Shipyard announced that Carbon Ocean Yachts is relocating its operations from Rhode Island to the Belfast, Maine, facility. The two builders will work together on the construction of lightweight, performance-driven yachts. “We’re excited by the new possibilities that will exist by integrating Carbon Ocean Yachts into Front Street Shipyard,” Front Street Shipyard president…more

Brewer offers boater discounts in New England

Brewer Yacht Yards and Mystic Seaport in Connecticut are offering discounts to visiting vessels. The Brewer Cruising Club Card will be offered to transient boaters staying at Mystic Seaport, in addition to all 22 Brewer marinas throughout New England. After spending their first night at a Brewer marina or at Mystic Seaport, boaters will receive…more

Cape Cod boatyard has a new owner

A long-standing boatyard in East Falmouth, Mass., is under new ownership. Edwards Boatyard, owned and operated by Edward Swain since 1979, was sold to Bosun’s Marine, which is owned by Tim Leedham, for $1.72 million, according to a deed on file with the Barnstable County Registry of Deeds, the Cape Cod Times reported. Swain said…more

Rhode Island sailboat builder to open shipyard in North Carolina

A builder of high-end sailboats has announced plans to invest $1.8 million during the next three years to open a shipyard in Dare County, North Carolina, that will create 71 jobs in Wanchese. Gunboat Co., of Newport, R.I., produces catamaran yachts, and the Wanchese shipyard will allow the company to increase production and meet a…more

Derecktor Shipyards files again for bankruptcy protection

Derecktor Shipyards, just four months after exiting bankruptcy, submitted a new Chapter 11 filing as it tries to find an investor or sell its Bridgeport, Conn., operation. The boatbuilder, which filed in federal Bankruptcy Court in Bridgeport last week, has more than 200 creditors and liabilities ranging between $1 million and $10 million. The second-largest…more

Fire destroys old Massachusetts boatyard building

A fire Wednesday afternoon tore through a Falmouth, Mass., boatyard warehouse that has stood since the 1930s. Firefighters from five departments responded about 2 p.m. to the two-alarm fire at the Quissett Harbor Boatyard. Flames reached well above the building’s roof and were visible miles away, the Cape Cod Times reported. No one was in…more

Brewer boatyard site development faces opposition

Residents of Stamford, Conn., are working together to stop a boatyard, formerly known as the Brewer Yacht Haven West site, from being turned into a hotel and convention center. The site, formerly one of the Northeast’s largest full-service marinas, shut down last fall after losing its lease from a developer that plans to remediate and…more

Bellingham Marine partners with Korean company

Bellingham Marine and leading South Korean marina company CK Marine formed an agreement that will combine Bellingham’s South Korean operations with CK Marine’s marina division. The alliance is a strategic move by two of the market’s strongest players to take a commanding lead in the South Korean market, Bellingham said. The company formed Bellingham Marine…more

Marine Business Advisors adds new client

Teak Deck Co. announced the selection of Marine Business Advisors to help in growing its business. “Our capabilities for installing new or replacement teak decks are quite extensive for boats from 25 feet up to 150 feet, and we want more of the industry to know who we are and what we can do. Marine…more

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