Fairhaven Shipyard Companies

What Fairhaven Shipyard Companies does

Fairhaven Shipyard Companies, Inc. is a privately held, dual-yard full-service shipyard operating the South Yard (50 Fort Street) and North Yard (32 Water Street) in Fairhaven, Massachusetts, on the protected hurricane-barrier harbor of New Bedford's Buzzards Bay waterfront. The company was formed in August 2008 when Fairhaven Shipyard & Marina Inc. acquired D.N. Kelley & Son, Inc., merging two shipyards whose combined heritage spans 144 years and five generations of the Kelley family. It serves a diversified customer base spanning luxury yacht owners (vessels 40–150 ft), commercial fishing and workboat operators, fuel barge operators, and classic wooden schooner owners, offering scheduled maintenance, emergency repair, propulsion service, welding and metal fabrication, machine shop work, paint and coating, electrical, joinery, seasonal storage, and new vessel construction in steel or aluminum up to 40 ft wide and 160 ft long.

The underlying operating technology is built around large-scale physical infrastructure: 30-ton, 300-ton and 440-ton travel lifts; a 1000-ton railway; a 150-slip marina with 1200 ft of fixed and floating piers; fuel dock and shore power; and in-house departments for machine work (shafts up to 8 in x 23 ft), engine service across CAT, Detroit Diesel, Lugger, Northern Lights and Cummins brands, ABS-certified welding, and AWLGRIP/Interlux/International/PPG/Seahawk-certified painting. Capacity is augmented by on-site partners East Coast Boat Carpenters (joinery) and Maritime Machine (machining).

Revenue is generated primarily through fee-for-service repair and maintenance contracts, project-based new-build work, recurring seasonal marina slip rentals, transient dockage, marine fuel sales, and ship's store / parts sales. Go-to-market is sales-led and phone-based, with separate direct lines for yacht work, commercial work, new construction, and 24/7 emergency hauls. Service delivery is on-site at the Fairhaven yards; pricing is available as PDF rate sheets for yacht and commercial categories but is not publicly disclosed.

Name

Fairhaven Shipyard Companies

Legal name

Fairhaven Shipyard Companies, Inc.

Website

https://fairhavenshipyard.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Fairhaven Shipyard Companies is a privately held, dual-yard full-service shipyard in Fairhaven, Massachusetts, providing yacht and commercial vessel repair, new construction up to 160 ft, hauling, marina dockage, and seasonal storage for boat owners, commercial fishing operators, and classic schooner owners in New England.

Ownership category

akta.pro rank

Product category

Shipyard Services

NAICS

Ship Building and Repairing (336611), Marinas (71393)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Dry Docking & Dockyard Operations (Graving/Floating Docks, Docking Services) (TLAHAMAA)

akta.pro secondary industries

Commercial Ship Repair & Drydocking (TLAKAKAA), Mechanical Systems Repair (Engines, Propulsion, Pumps) (TLAKAKAF), Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA), Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD), Quay & Waterfront Civil Works (Piers, Quays, Seawalls, Dredging, Revetments) (IMAJALAF), Surface Preparation & Coating Facilities (Blasting, Paint Shops, Environmental Containment) (IMAJALAI)

Keywords

• Shipyard services
• Yacht repair
• Commercial vessel repair
• Marine construction
• Marina dockage

Headquarters

HQ city

Fairhaven

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Yacht Maintenance & Repair Services: Scheduled maintenance, emergency repairs, propulsion repair, welding/fabrication, paint/coat/finish, and joinery services for yachts 40-150 feet in length
2. Commercial Vessel Services: Complete repair services for commercial vessels including welding, machining, shaft building, engine service on CAT, Detroit Diesel, Lugger, Northern Lights, Cummins, paint and coatings, fiberglass, and joinery
3. Marina & Dockage: 150 seasonal slips, 1200 feet of fixed and floating piers for transient dockage up to 300 feet LOA, fuel dock with ValvTect marine diesel and gasoline, shore power up to 200A and 480V
4. New Vessel Construction: New construction of fishing vessels, fuel barges, and commercial vessels in steel or aluminum up to 40 feet wide and 160 feet in length
5. Ship's Store & Parts: Marine chandlery with paint supplies, hardware, engine parts at both locations
6. Seasonal Storage: Inside or outside dry storage as well as wet storage for vessels during off-season

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Fairhaven Shipyard Companies is a dual-yard full-service shipyard providing repair, maintenance, and new construction services for yachts (40-150 feet) and commercial vessels (up to 160 feet). On-site capabilities include machine shop, paint facility, multi-brand engine shop, electrical department, welding/metal fabrication, propulsion repair, joinery, and a 150-slip marina with transient dockage, plus a ship's store selling marine parts and supplies.

Product overview

Fairhaven Shipyard Companies operates as a dual-yardshipyard offering integrated maritime services for both yachts and commercial vessels. The company provides a unified platform of services organized into two main divisions: Yacht Services (handling vessels 40-150 feet, including marina dockage, hauling, mechanical/electrical work, paint/coat/finish, joinery, propulsion repair, welding/fabrication, and seasonal storage) and Commercial Services (complete vessel repair, new construction of steel/aluminum vessels up to 160 feet, hauling via travel lifts and railway, machine shop, welding/fabrication, paint services, and joinery). Supporting infrastructure includes a 150-slip marina with transient dockage, two ship stores, multiple specialized departments (machine shop, paint facility, electrical, welding), and three travel lifts plus a 1000-ton railway for vessel hauling.

Differentiator

Problem solved

Functional benefit

Products and services

• Yacht Repair & Maintenance Services Full-service yacht repair and maintenance facility handling vessels from 40 feet to 150 feet in length, including scheduled maintenance, emergency repairs, propulsion repair, welding, machining, painting, and mechanical/electrical work.
• Commercial Shipyard Services
• New Vessel Construction
• Marina & Dockage
• Vessel Hauling Services
• Seasonal Storage
• Welding & Metal Fabrication
• Machine Shop Services
• Paint & Coating Services
• Joinery Services
• Propulsion Repair
• Ship's Store & Parts

Quantifiable outcome

• Hauling capacity up to 1000 tons with travel lifts and railway
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• East Coast Boat CarpenterscoreStrategic or Co-development Partner · 1 August 2008Partnership with East Coast Boat Carpenters for joinery services. Their skilled craftsmen combine old world pride with modern technology and can perform complex refits, repairs, and restorations, from matching veneers and finding exotic woods to the use of high tech building materials.
• Maritime MachinecoreStrategic or Co-development PartnerOn-site partner for all machining needs. Maritime Machine's trained professionals can fix or procure shafts, keys, and bearings. Their full-service shop handles drilling, boring, broaching, turning, milling, threading, and metal spraying. They work closely with the shipyard's outside machinists.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Brewer Yacht Yards: Multi-location New England yacht service chain providing dockage, storage, repair, and brokerage. Comparable on marina/dockage and yacht service offerings but broader and more distributed than Fairhaven's two-yard footprint.

Direct peers

• Blount Boats: Warren, RI shipbuilder and repair yard with new construction capability for commercial and specialty vessels. Comparable on commercial new-build and metal fabrication in southern New England.
• Hinckley Yacht Services: Multi-location New England yacht service network offering yacht repair, storage, brokerage, and new-build support. Comparable customer base (sophisticated yacht owners) and overlapping service menu including hauling and seasonal storage.
• Newport Shipyard: Yacht-focused shipyard in Newport, RI providing hauling, dockage, repair, and storage for yachts in the 40-200 ft range. Direct peer in the New England luxury yacht service market with similar travel-lift and marina infrastructure.
• Front Street Shipyard: Full-service New England shipyard in Belfast, ME offering yacht repair, refit, storage, and new construction. Highly comparable as a multi-discipline regional yard serving both yacht and commercial customers with travel-lift and railway infrastructure.
• Conanicut Marine: Jamestown, RI full-service boatyard with hauling, repair, marine store, and marina. Comparable as a regional yacht/commercial service yard with travel-lift and marina dockage offerings.
• Mystic Shipyard: Mystic, CT full-service boatyard with travel-lift hauling, repair, and marina services. Comparable regional yacht and commercial service yard in southern New England.
• Senesco Marine: North Kingstown, RI shipyard with new construction, repair, and hauling capabilities. Comparable on commercial vessel services and steel/aluminum new-build in the Northeast.
• Hodgdon Yachts: East Boothbay, ME builder and refit yard serving yacht and commercial vessels. Comparable for new construction and complex refit capability in the New England market.
• Washburn & Doughty: East Boothbay, ME shipyard specializing in new construction and repair of commercial vessels, including fishing boats and tugboats. Directly comparable on commercial new-build and ABS-grade welding capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

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 Fairhaven Shipyard Companies