What Hodgdon Yachts does

Hodgdon Yachts is a family-owned American boatbuilder founded in 1816 and headquartered in East Boothbay/Damariscotta, Maine. The company operates three divisions: Hodgdon Tenders (custom superyacht tenders from 6.5 to 12+ meters in limousine, open, beachlander, and electric configurations), Hodgdon Yachts (custom sail and power yacht construction, including military projects), and Hodgdon Yacht Services (boatyard, refits, and marina operations). The company has built more than 440 vessels across its 200+ year history, including record-breaking racing yachts, US Navy vessels, and high-end motor yachts.

Hodgdon's technology stack centers on advanced composite construction, including pre-preg carbon fiber, vacuum infusion, and cold-molded wood boatbuilding. Its in-house design and engineering capability is augmented by longstanding collaborations with elite external designers such as Michael Peters Yacht Design (primary tender designer), Espen Øino International, and Winch Design. The company has expanded into all-electric propulsion through its 2024 Maserati TRIDENTE collaboration with Vita Power, signaling capability in next-generation marine systems.

Hodgdon generates revenue primarily through bespoke, project-based contracts with ultra-high-net-worth individuals and leading superyacht builders such as Lürssen and Feadship. Pricing is opaque and negotiated per project; sales are conducted via direct enterprise relationships (Managing Director Audrey Hodgdon in the US, Victor Caminada leading Hodgdon Europe from the Netherlands since September 2024). A repeat relationship with Lürssen on the 117m Boardwalk tender suite underscores long sales cycles and high contract values per client.

Name

Hodgdon Yachts

Legal name

Hodgdon Yachts

Website

https://hodgdonyachts.com

Company type

Private

Founded year

1816

Operating status

Operating

Headcount range

11–50 employees

Short description

Hodgdon Yachts is a 200+ year family-owned Maine boatbuilder that designs, engineers, and constructs fully custom superyacht tenders (6.5–12+ meters) and bespoke sail and power yachts for ultra-high-net-worth individuals and leading superyacht builders such as Lürssen.

Ownership category

akta.pro rank

Product category

Custom Superyacht Tender and Yacht Manufacturing

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Luxury Yacht Tenders & Support Craft Manufacturing (IMAJAMAK)

akta.pro secondary industries

Full-Custom Superyacht & Megayacht Manufacturing (IMAJAMAB), Luxury Yacht Refit, Rebuild & Lifecycle Upgrades (MRO) (IMAJAMAJ)

Keywords

• Custom superyacht tenders
• Boatbuilding services
• Marine construction
• Luxury yacht manufacturing
• Composite vessel fabrication

Headquarters

HQ city

East Boothbay

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Custom Superyacht Tender Sales: Hodgdon designs, engineers, and builds fully custom superyacht tenders (limousine, open, beachlander, coupe) ranging from 6.5 to 12+ meters. Each vessel is built to the owner's exact specifications and delivered as a unique product. Revenue is generated through one-time project-based contracts with individual yacht owners or as part of a superyacht's tender suite program.
2. Custom Superyacht Construction: Hodgdon builds fully custom sail and power yachts, ranging from highly detailed superyachts with complex interiors to record-breaking carbon fiber sailboats, US Navy vessels, and confidential high-performance motor yachts. Projects are bespoke and sold as one-off vessels to individual clients.
3. Hodgdon Yacht Services (Boatyard & Refits): Hodgdon Yacht Services offers full-service boatyard services and refits, providing ongoing service revenue from existing vessel owners. This division supports the broader ecosystem of vessels built by Hodgdon and others.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Hodgdon Yachts designs, engineers, and builds fully custom superyacht tenders (limousine, open, beachlander, coupe, and electric) ranging from 6.5 to 12+ meters, along with fully custom sail and power yachts including high-performance, record-breaking, and military vessels. Through its Hodgdon Yacht Services division, the company also delivers full-service boatyard support, refits, and after-sales service to vessel owners worldwide.

Product overview

Hodgdon Yachts operates three divisions: Hodgdon Tenders (superyacht tenders), Hodgdon Yachts (custom yacht construction), and Hodgdon Yacht Services (boatyard/refit services). Hodgdon Tenders offers a comprehensive portfolio of luxury tenders including Limousine, Open, Beachlander, and fully Electric styles ranging from 6.5 to 12+ meters, many designed by Michael Peters Yacht Design. The company also collaborates with Espen Øino International on convertible tender designs and partners with Winch Design on fully custom tenders. A notable collaboration resulted in the Maserati TRIDENTE, a 10.5-meter all-electric carbon fiber motorboat built for Vita Power and Maserati. Hodgdon Yachts builds custom sail and power yachts, having constructed vessels for the US Navy and high-profile projects like the 154-foot ketch Asolare, the record-breaking Comanche sailing yacht, and confidential high-performance motor yachts. The company employs advanced composite construction techniques and has built over 440 vessels in its 200+ year history.

Differentiator

Problem solved

Functional benefit

Brands

• Maserati TRIDENTE: All-electric luxury motorboat collaboration with Maserati and Vita Power, constructed by Hodgdon in carbon fiber
• Hodgdon Yacht Services
• Hodgdon Marina
• Boothbay Boat Rental

Products and services

• Hodgdon Tenders — Superyacht Tenders (Limousine, Open, Beachlander, Electric) Hodgdon Tenders designs and builds bespoke superyacht tenders in multiple styles (limousine, open, beachlander, and electric) ranging from 6.5 to 12+ meters. Each vessel is built to owner specifications with in-house engineering and naval architecture, often in collaboration with leading external designers. Customers are ultra-high-net-worth superyacht owners, yacht captains, and shipyard programs.
• Hodgdon Yachts — Custom Sail and Power Yacht Construction Hodgdon Yachts designs and constructs fully custom sail and power yachts ranging from highly detailed superyachts with complex interiors to record-breaking carbon fiber sailboats and confidential high-performance motor yachts. Projects include US Navy vessels and bespoke one-off yachts for individual owners.
• Hodgdon Yacht Services — Boatyard, Refits, and After-Sales Support Hodgdon Yacht Services is a full-service boatyard providing refits, maintenance, and after-sales support for Hodgdon-built vessels and others. It serves the broader ecosystem of superyacht and motor yacht owners needing ongoing service.
• Maserati TRIDENTE — All-Electric 10.5m Carbon Fiber Luxury Motorboat The TRIDENTE is a 10.5-meter all-electric luxury motorboat built by Hodgdon in collaboration with Maserati and Vita Power. Constructed from carbon fiber at the Maine facility, it seats up to 8 passengers and reaches a 25-knot cruising speed with a 40-knot top speed.
• Fully Custom Tenders Fully Custom Tenders is a service line in which Hodgdon works with the client's chosen yacht designer to create unique, fully custom tenders that match the aesthetic and quality of the mothership. Examples include the 10.6m coupe tender for a 102m superyacht and the three 40-foot tenders for Lürssen's Boardwalk.

Quantifiable outcome

• 440+ vessels built over 200+ years of operation
• +5 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered major and core.

• MaseratimajorStrategic or Co-development PartnerHodgdon collaborated with Maserati and Vita Power to build the all-electric TRIDENTE luxury motorboat, an extension of Maserati's electrification strategy from road to water. Hodgdon constructed the 10.5-meter carbon fiber dayboat at its Maine facility, featuring a cruising speed of 25 knots and top speed of 40 knots.
• Vita PowermajorStrategic or Co-development PartnerVita Power partnered with Maserati and Hodgdon Yachts to produce the all-electric TRIDENTE luxury motorboat. Vita Power provided the electric propulsion system for the vessel, marking Hodgdon's entry into electric boat construction.
• Espen Øino InternationalcoreStrategic or Co-development PartnerHodgdon Tenders developed two new convertible limousine tender designs in collaboration with Espen Øino International. The tenders share a common hull design (9.0-11.0 meters) in forward or aft helm configurations, blending EOI's modern styling with Hodgdon's build quality. Key features include integrated hull side windows, retractable roof, and beach landing capability.
• Winch DesigncoreStrategic or Co-development PartnerWinch Design collaborated with Hodgdon to create fully custom tenders, including an 8.5m limousine and 8.5m open tender that echo the style of the client's yacht. Hodgdon provided in-house engineering and naval architecture to realize Winch Design's vision.
• Michael Peters Yacht DesigncoreTechnology or IntegrationMichael Peters Yacht Design is Hodgdon's primary external design partner for its tender portfolio, having designed the majority of Hodgdon's limousine, open, coupe, and beachlander tender models. The collaboration produces vessels ranging from 7.0m to 12.0m.
• LürssencoreChannel Partner/ Reseller/ DistributorLürssen, one of the world's leading superyacht builders, selected Hodgdon as the builder of the tender suite for the 117m superyacht Boardwalk. This represents a repeat client relationship, with Lürssen returning to Hodgdon for multiple tender programs.

Scale indicators5 records

Expansion highlights5 records

Direct peers

• Pascoe International: UK-based builder of custom superyacht limousine and beachlander tenders. Directly competes with Hodgdon Tenders in the bespoke luxury tender segment, serving the same UHNW superyacht owner customer base with comparable carbon-composite construction.
• Cockwells: Cornwall, UK builder of luxury superyacht tenders and limousines. Direct competitor in the bespoke high-end tender market with overlapping customer base and comparable craftsmanship-led positioning.
• Lloyd Williams Boatworks: New Zealand-based builder of custom superyacht tenders including limousine and beach-lander configurations. Direct peer in the niche of high-quality, fully custom tenders sized to complement mothership superyachts.
• Italvia: Italian builder of custom superyacht tenders (Mochi, Star, Zero) competing directly with Hodgdon in the limousine tender category. Comparable bespoke design-led approach targeting the same superyacht clientele.

Broad incumbents

• Royal Huisman: Dutch builder of fully custom sailing and motor superyachts. Comparable in custom-build craftsmanship and advanced composites (e.g., Dykstra-designed projects), though operating at larger yacht scale rather than tenders.
• Heesen Yachts: Netherlands-based builder of luxury motor superyachts. Comparable advanced composite and aluminum construction expertise, serving an overlapping UHNW customer base but at mothership scale rather than tenders.
• Pendennis: UK custom yacht builder and refit yard. Comparable in bespoke-build heritage and refit/refurbishment services (overlapping with Hodgdon Yacht Services), though at full superyacht scale.
• Holland Jachtbouw: Dutch builder of custom aluminum sailing and motor yachts up to 50m+. Comparable one-off bespoke construction approach and advanced aluminum/composite engineering, serving overlapping UHNW clients.

Others

• Lürssen: German builder of the world's largest superyachts (including the117m Boardwalk). Hodgdon is a tier-1 supplier of bespoke tender suites to Lürssen programs, making Lürssen both a strategic customer and ecosystem participant rather than a competitor.
• Vita Power: UK marine electric propulsion specialist that partnered with Hodgdon and Maserati on the TRIDENTE. Comparable through the emerging electric luxury marine category where Hodgdon is now active, though as an enabling propulsion partner rather than direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubevimeo.com/hodgdonyachts
• Facebookfacebook.com/hodgdonyachts1816
• Instagraminstagram.com/hodgdonyachts
• Xx.com/hodgdonyachts
• LinkedInlinkedin.com/company/hodgdon-yachts

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds6 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hodgdon Yachts