MAINE YACHT CENTER

What MAINE YACHT CENTER does

Maine Yacht Center (MYC) is a privately held, full-service boatyard and marina located at 100 Kensington Street on Casco Bay in Portland, Maine. The company provides comprehensive marine services spanning marina slip rentals (80 slips protected by a 990-foot, 650-ton floating concrete breakwater), heated indoor storage totaling 80,000+ sq ft with 30-foot door clearances, outside storage, haul and launch via an 80-ton Travelift, and a broad portfolio of repair and refit capabilities including mechanical and electrical systems, electronics, paint, varnish, carpentry, fiberglass and advanced composite work, refrigeration, plumbing, rigging, and alternative energy system installation. Its certified ABYC and NMEA master technicians are organized under General Manager Brian Harris (20+ year tenure, USCG 200-ton license), Service Manager Jeff Stack, and Service Manager Nathaniel Read, supported by Shop Foremen Michael Start and Steve Tillotson and Dockmaster Mark Hogan.

The customer base is concentrated in the luxury yacht and high-performance offshore racing segments. MYC serves as the US commissioning yard for Akilaria Class 40 racing sailboats through partnerships with French designer Marc Lombard, Tunisian builder MC-Tec, and Romanian carbon spar maker Axxon Composites. The company has prepared vessels for major international competitions including the Vendee Globe (Rich Wilson's Great American III, 9th place 2008-9), Transat Jacques Vabre, Route du Rhum, Pineapple Cup, and the Globe 40 inaugural race. Revenue is generated through six streams: recurring marina slip rentals (seasonal and transient via Dockwa), recurring storage subscriptions with priority winter work scheduling, professional repair and refit services, haul and launch fees, yacht brokerage commissions through onsite partner Wellington Yacht Partners, and ValvTect marine fuel sales. MYC holds the Maine Clean Marina designation (2010) and is certified to work on Steyr engines through the State of Maine Clean Marine Diesel Program.

MYC distributes services exclusively through its single Portland facility (regional, direct-to-customer model) and grew inorganically in April 2023 by acquiring Maloney Marine Rigging (now Maine Marine Rigging). Office Manager Angela Roberge also manages finances for affiliated entities including Gamage Shipyard and Bridgton Indoor Storage, suggesting a roll-up strategy across Northeast marine services. The company is independently owned with no institutional investors, no disclosed funding rounds, and no public revenue disclosure.

Name

MAINE YACHT CENTER

Legal name

Maine Yacht Center

Website

https://maineyacht.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Maine Yacht Center is a full-service boatyard and marina in Portland, Maine, providing hauling, heated storage, and comprehensive yacht repair and refit services. It serves luxury yacht owners and offshore racing teams, and operates as the US commissioning yard for Akilaria Class 40 racing sailboats.

Ownership category

akta.pro rank

Product category

Marina and Boatyard Services

NAICS

Ship Building and Repairing (336611), Marinas (713930)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Yacht & Recreational Boat Service & Refit (TLAKAKAD)

akta.pro secondary industry

Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI)

Keywords

• Marina slip rentals
• Yacht repair services
• Boat storage facilities
• Marine refit services
• Haul and launch

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Marina Slip Rentals: Seasonal and transient marina slip rentals accommodating yachts up to 150 feet with comprehensive amenities including power, water, WiFi, and pump-out services.
2. Storage Services: Heated indoor storage (80,000 sq ft main building plus 47,000 sq ft off-site) and outdoor storage for boats. Storage customers receive priority scheduling for winter maintenance work.
3. Repair and Refit Services: Comprehensive marine repair services including systems (mechanical/electrical), electronics, paint, varnish, plumbing, refrigeration, carpentry, fiberglass, composite work, rigging, and alternative energy installations. Services range from routine maintenance to major refits for offshore racing vessels.
4. Haul and Launch Services: Vessel hauling and launching using 80-ton Travelift for boats up to 80+ feet LOA with 23-foot beam and 16-foot draft capacity.
5. Yacht Brokerage Services: Onsite yacht brokerage through Wellington Yacht Partners offering boat sales and brokerage services.
6. Fuel Services: ValvTect marine gas and diesel fuel sales with high-speed diesel fuel pump and volume discounts available.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Maine Yacht Center operates a full-service boatyard and marina on Casco Bay in Portland, Maine, providing 80 protected slips, 80,000 sq ft of heated indoor storage plus outdoor storage, 80-ton Travelift haul/launch services, and comprehensive marine repair and refit work including mechanical/electrical systems, electronics, paint, varnish, carpentry, fiberglass, composite construction, rigging, and alternative energy installations. The company serves as the U.S. commissioning yard for Akilaria Class 40 racing sailboats and is a recognized specialist in high-performance offshore racing yacht preparation.

Product overview

Maine Yacht Center is a full-service marina and boatyard offering comprehensive marine services centered around its marina facilities (80 slips with floating breakwater), storage operations (80,000 sq. ft. heated inside storage plus outside storage), and haul/launch capabilities (80-ton Travelift). The service portfolio encompasses mechanical and electrical systems, electronics, paint, varnish, carpentry, fiberglass repair, rigging, and advanced composite construction. The company specializes in alternative energy system installations (solar, hydro, wind, lithium batteries) and serves high-performance offshore racing boats, particularly Class 40 sailboats. A U.S. commissioning yard for Akilaria Class 40 racing sailboats and onsite yacht brokerage through Wellington Yacht Partners complete the service offering.

Differentiator

Problem solved

Functional benefit

Products and services

• Marina Services
• Inside Heated Storage
• Outside Storage
• Haul and Launch Services
• Mechanical and Electrical Systems Services
• Electronics Services
• Paint Services
• Varnish Services
• Carpentry Services
• Fiberglass Repair and Construction Services
• Rigging Services
• Alternative Energy Systems
• Akilaria Class 40 Commissioning
• Onsite Yacht Brokerage

Quantifiable outcome

• Multiple successful circumnavigations completed by refit vessels
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature8 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Maloney Marine Rigging (now Maine Marine Rigging)coreStrategic or Co-development Partner · 6 April 2023MYC acquired Maloney Marine Rigging in April 2023, integrating their specialized rigging skills into MYC's primary operations. This acquisition expanded MYC's comprehensive suite of rigging services, from traditional wooden schooner masts to custom-built carbon fiber race boat masts tuned by hydraulic jack. MMR's team and expertise were incorporated into MYC's operations.
• Wellington Yacht PartnerscoreGTM or Marketing PartnerWellington Yacht Partners maintains an onsite brokerage office at Maine Yacht Center. Bob Marston serves as the onsite broker. This partnership provides referral opportunities for yacht brokerage clients requiring marina services, storage, or repair work.
• Maine Island Trail Association (MITA)minorOthersMITA is an island stewardship nonprofit organization listed as present at Maine Yacht Center, likely as a community partner supporting waterway access and conservation efforts.
• Marc Lombard (Designer)coreStrategic or Co-development PartnerMYC has collaborated with French designer Marc Lombard since 2007 for Akilaria Class 40 imports. MYC imports parts from Tunisian builder MC-Tec for completion at the Portland Maine yard. This ongoing design partnership has produced RC1, RC2, and RC3 versions of the Akilaria Class 40 racing yacht.
• MC-Tec (Tunisian Builder)coreTechnology or IntegrationTunisian builder that manufactures Akilaria Class 40 fiberglass parts for import and completion at MYC's Portland facility. Partnership enables MYC to serve as US commissioning yard for Akilaria racing yachts.
• Axxon Composites (Romania)coreTechnology or IntegrationRomanian manufacturer of carbon fiber masts and spars for Akilaria Class 40 boats. MYC imports completed components for installation during commissioning and refit projects.
• Rozalia ProjectminorStrategic or Co-development PartnerNonprofit organization for ocean conservation. MYC performed the Steyr Tier 3 marine diesel repower on American Promise, the greenest sailing research vessel. Project featured in Cruising World magazine. Supported by State of Maine Clean Marine Diesel Program, 11th Hour Racing, and Kilroy Realty Corporation.
• State of Maine Clean Marine Diesel Program / Maine Marine Trades AssociationminorStrategic or Co-development PartnerState program providing funding assistance for marine diesel repower projects. MYC and Kittery Point Yacht Yard are certified to work on Steyr engines installed through this program.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• The Hinckley Company: Maine-based yacht builder and service operator with extensive haul-out, storage, and refit capabilities plus yacht management. Closely comparable full-service Northeast yard serving luxury sail and motor yacht owners; competes for the same high-end refit and storage contracts as MYC.
• Conanicut Marine Services: Jamestown, Rhode Island full-service marina and boatyard providing slips, storage, mechanical, and refit services to yacht owners. Similar combination of marina, storage, and repair services serving New England cruising and racing yachts.
• Kittery Point Yacht Yard: Full-service boatyard on the Piscataqua River in southern Maine offering haul/launch, storage, mechanical, and refit services. Explicitly referenced in MYC data as a peer certified for Steyr diesel repowers through the State of Maine Clean Marine Diesel Program, with overlapping service scope and Northeast yacht clientele.
• Lyman-Morse Boatbuilding: Maine-based boatbuilder and service yard in Camden offering new construction, refit, brokerage, and yacht management. Overlapping full-service Northeast model with premium yacht construction and refit capabilities at a similar scale to MYC.
• Newport Shipyard: Premier Rhode Island yacht service yard catering to large motor yachts, sailing yachts, and offshore racing campaigns. Comparable service portfolio (travelift, storage, painting, mechanical), comparable high-end refit clientele, with additional proximity to Newport's racing circuit.
• Front Street Shipyard: Belfast, Maine full-service boatyard offering haul/launch, inside storage, painting, mechanical, and custom yacht refit services. Comparable Maine footprint, comparable travelift-based refit model, and overlapping cruising and racing yacht customer base.
• Hodgdon Yachts: East Boothbay, Maine custom yacht builder and service yard with both new build and refit capabilities. Comparable Maine location, similar custom work on composite and classic vessels, and shared luxury yacht and superyacht refit market.

Broad incumbents

• Safe Harbor Marinas: Largest US marina and boatyard operator (Suntex/Invivo acquisitions) with hundreds of locations offering slips, storage, and service. Broader incumbent with overlapping service capabilities but a national, multi-segment portfolio rather than MYC's specialized high-end refit niche.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MaineYacht
• LinkedInlinkedin.com/company/maine-yacht-ctr

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 MAINE YACHT CENTER