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Maine boatbuilder launches its first vessel - Trade Only Today

Maine boatbuilder launches its first vessel

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The owners of New Harbor, Maine-based Pemaquid Marine celebrated the first year of new ownership by launching their first boat on the anniversary of their purchase of the yard.

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The contract to build Indian Summer was awarded to Ted Derivan while he operated Transom Boat Works, a boatyard in Mahone Bay, Nova Scotia.

Construction began in a home shop as soon as he returned to the United States. The work moved to the Pemaquid Marine property once the purchase of the yard was finalized.

Indian Summer is a 27-foot Jochems schooner designed by Phil Bolger. The new owners live in Toronto.

This winter, Pemaquid Marine will build three new Banks Cove 22s and restore a 30-foot wooden motorsailer designed and built in 1939 by the Chaisson brothers in Swampscott, Mass. The yard also will do a number of service projects.

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