Updated:
Original:

Pemaquid Marine has new owners

New Harbor, Maine-based Pemaquid Marine is under new ownership.

The yard was recently purchased by Ted Derivan, the founder of Transom Boat Works, which was formerly located in Nova Scotia.

Pemaquid Marine is best known as the builders of the Banks Cove 22, built at the yard since 1996 and designed by Charlie Pingree. It will continue to build these boats in three different models: Down East Lobster Cabin, Center Console and Day Boat and will expand the yard's capabilities to include Derivan's expertise in traditional wooden boat and wood/epoxy construction.

In addition to new construction, other services offered at the yard include restoration, repair, seasonal maintenance, engine and mechanical systems work, paint, brightwork and indoor/outdoor storage for boats up to 50 feet.

The yard's first construction project under the new ownership is a wooden 27-foot birdwatcher-style sharpie schooner designed by Phil Bolger. The boat has a spring launch date.

Click here for the full release.

Related

Celebrate Your Harbormaster

Today is Harbormaster Appreciation Day, a day to recognize those who help keep our local waters, and those who use them, safe.

SeaWide and NTP-STAG Merge

The marine electronics wholesaler and distributor joins the RV parts and accessories distributor to create the “largest related-industry distribution network in North America.”

On a Roll in Connecticut, South Carolina and Florida

A trade show, a boat show and a boating-and-fishing showcase at a college football game are signals that our industry is tracking strong.

NMRA Hands Out Old Pro Award

Ivan Cross of The Merifield Co. received the National Marine Representatives Association award at IBEX last week.

Organizers Tout Successful IBEX

Attendance exceeded organizer expectations for the three-day show, which returned to an in-person format.

A Cautious Outlook

A key measurement of U.S. consumer confidence dropped in September as U.S. deaths from Covid-19 passed 700,000.

Registration Opens for Marina Conference and Expo

Previously known as the International Marina and Boatyard Conference, the Association of Marina Industries event is scheduled for Feb. 1-3 in Daytona Beach, Fla.

The Red-Hot Market Cools

August sales numbers reflect the continuing breakdown in the supply chain, despite strong demand for boats.

Deadline Nears for Safety Awards

Entries for the National Boating Industry Safety Awards will be accepted until Oct. 8.