Lyman-Morse opens boatyard in Panama


Maine boatbuilder Lyman-Morse recently opened a service yard at Shelter Bay in Panama.

Lyman-Morse vice president Drew Lyman told Soundings Trade Only that the facility is open and operating, with 170 slips and dockage for yachts to 250 feet. The yard, which he said can haul yachts as large as 100 feet, is equipped to offer repairs and refits on sail and power yachts, as well as extended and short-term storage.

The facility is near the Caribbean entrance to the Panama Canal and provides a convenient stop for cruisers to prep before passing through the canal.

“The new locks will dramatically ease the cruiser’s experience of transiting the canal, opening up these cruising grounds and access to the Pacific,” Lyman said in a statement. “We believe cruisers will appreciate a familiar name in this area.”

Plans for a new building that will provide more space for service work, including paint and varnish, engine replacements and general refits, are in the works, according to Lyman-Morse, which is based in Thomaston.

Service manager Stephen “Peach” Frederick relocated to Panama to manage the operation. Lyman-Morse is leasing the property from Shelter Bay Marina. The company plans to have 25 to 30 full-time employees, Lyman told Trade Only.

Click here for the full release.

— Sabrina Stedman


NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.

Quick Hits: March 5, 2021

The National Association of Manufacturers names Brunswick Corp. CFO Ryan Gwillim to its Board of Directors.

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.