Northern Marine

What Northern Marine does

Northern Marine is a privately held custom expedition trawler yacht builder founded in 1995 and based in Anacortes, Washington. The company designs and constructs semi-custom bluewater passagemakers in the 57 to 100+ foot range for HNW owner-operators, with a stated sweet spot in 50 to 90 foot full-displacement hulls; two models (57 and 64 Raised Pilothouse) are currently in active production, and a roadmap of 70, 80, 85, and 100-foot tri-deck and expedition platforms is published. Its core technology is a resin-infusion composite construction process achieving a roughly 70/30 fiberglass-to-resin ratio — a technique the company pioneered in North American yacht building — combined with commercial-grade systems including a T-shaped sea chest raw water intake, a keel-cooled wet exhaust hybrid, 316 stainless steel JIC-flare fuel plumbing with bottom-of-tank pickups, lead-bullet ballast, a steel keel shoe, and PTO-driven hydraulic emergency propulsion.

Northern Marine builds each vessel to individual owner specifications in a multi-year custom engagement that includes direct interaction with the General Manager and naval architect, with final pricing set per build rather than via list pricing. The company was acquired by Seattle Yachts (Seattle Northwest Yachts LLC) in September 2019, which now acts as the primary dealer channel through offices in the Pacific Northwest, Southern California, and South Florida; yachts are also listed on IYBA and Yatco brokerage platforms. Revenue is generated through one-time new-build sales of custom yachts, supplemented by brand and IP licensing through the parent. Across roughly three decades the yard has delivered 40+ vessels ranging from 35 to 152 feet LOA, and its 80-foot 'Julianne' won the 2007 Showboats International award for Best Full-Displacement Motor Yacht Under 45 Meters.

Name

Northern Marine

Legal name

Northern Marine

Website

https://northernmarine.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

Northern Marine is a privately held custom expedition trawler yacht builder in Anacortes, Washington, designing and constructing semi-custom 57–100+ foot bluewater passagemakers for HNW owner-operators using proprietary resin-infusion composite construction and commercial-grade systems, and selling through parent Seattle Yachts' multi-region dealer network.

Ownership category

akta.pro rank

Product category

Custom Expedition Yacht Manufacturing

NAICS

Ship Building and Repairing (336611), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Explorer Yacht Manufacturing (IMAJAMAE)

akta.pro secondary industries

Accommodation & Interior Outfit (Cabins, Galleys, Sanitary, Furniture) (IMAJAIAF), Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI)

Keywords

• Expedition yacht building
• Custom trawler yachts
• Bluewater passagemakers
• Resin-infused composite hulls
• Commercial-grade yacht construction

Headquarters

HQ city

Anacortes

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Yacht Manufacturing: Northern Marine builds custom expedition trawler yachts ranging from 57 to 100+ feet in length, with each vessel designed and constructed to individual owner specifications. Revenue is generated through the sale of new custom-built yachts, with pricing based on model, customization level, and systems selected. The company has a sweet spot in the 50' to 90' full-displacement range for owner-operated yachts.
2. Brand, IP & Tooling Licensing: With the sale to Seattle Yachts, the company now operates under brand and intellectual property licensing through the parent company. The sale included rights to the Northern Marine brand, shipyard in Anacortes, tooling for multiple hull sizes, and existing IP.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Northern Marine is a custom shipyard that designs and builds expedition trawler-style yachts ranging from 57 to 100+ feet in length. Each vessel is built to individual owner specifications using proprietary resin-infusion composite construction and commercial-grade systems (sea chest intake, keel-cooled wet exhaust hybrid, 316 stainless steel fuel plumbing), operating from its Anacortes, Washington shipyard and selling through the Seattle Yachts dealership network.

Product overview

Northern Marine is a custom expedition trawler yacht builder offering a portfolio of luxury bluewater passagemakers ranging from 57 to 100 feet. The current product line consists of two raised pilothouse models (57 and 64), supported by a legacy portfolio of completed vessels and forward-looking builds (70, 80, 85, and 100 Tri-Deck Expedition yachts). All vessels feature resin-infused composite construction, commercial-grade systems, and are built to ABS standards. The company also engineers proprietary exhaust systems as a differentiated product feature. Northern Marine operates as a semi-custom builder, allowing owners to customize layouts, finishes, and systems to their specifications. The company was founded in 1995, acquired by Seattle Yachts in 2019, and operates from Anacortes, Washington.

Differentiator

Problem solved

Functional benefit

Products and services

• 57 Raised Pilothouse A 57-foot expedition cruiser with resin-infused composite construction, offering 5,000+ nm range, 8.75-knot cruise speed, 2-3 staterooms, bulbous bow, and hydraulic stabilizers. Built to ABS standards for owner-operated bluewater cruising.
• 64 Raised Pilothouse A 64-foot raised pilothouse expedition yacht built to megayacht standards with 2,500-gallon fuel capacity, 8-9 knot cruise speed, 3 staterooms, and resin-infused composite construction. Designed for owner-operator long-range cruising.
• 70 Expedition Yacht A 70-foot custom expedition yacht offering both aft and forward pilothouse layouts with skylounge, flybridge, and design flexibility around owner requirements.
• 80 Tri-Deck A full-displacement tri-deck yacht with 21' 6\" beam, on-deck owner's suite, expanded interior spaces, large fuel capacity, and accommodations for crew and guests.
• 85 Tri-Deck A tri-deck yacht featuring advanced resin-infused composite technology with increased interior volume, deck space, and refined features for comfortable long-range cruising.
• 100 Tri-Deck Expedition A 100-foot expedition yacht with aft or forward pilothouse configurations, skylounge offering 360-degree views, full-beam master suite, and custom design around owner needs.

Quantifiable outcome

• 5,000+ nautical miles range on 2,600 gallons of fuel (57 model cruise at 8.75 knots)
• +3 more outcomes

Named customers7 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

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• AchillescoreStrategic or Co-development Partner · 3 June 2026Northern Marine Group, part of the Stena Group, entered into a partnership with Achilles, a supply chain risk management solutions provider, to implement a standardised supplier prequalification and risk management framework. The initiative emerged from an internal review that identified existing supplier onboarding processes were inadequate for the scale and complexity of the company's operations. The partnership also carries commercial benefits, as recognised supplier prequalification frameworks are increasingly required during competitive tender processes for major projects.
• Seattle YachtscoreChannel Partner/ Reseller/ Distributor · 12 September 2019Seattle Yachts, a new boat dealer and yacht brokerage firm, acquired Northern Marine in September 2019. The sale included rights to the Northern Marine brand, the shipyard in Anacortes, Washington, the tooling, and intellectual property. Seattle Yachts operates offices in Pacific Northwest, Southern California, and South Florida. Peter Whiting, managing partner of Seattle Yachts, noted the acquisition opens potential for their Alaskan and Northwest brands as well.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hatteras Yachts: Hatteras is a long-established production builder of 50-90 ft motor yachts with a long-range product line. They compete for premium owner-operator buyers at the mid-size end of the expedition trawler segment but operate at materially larger scale and broader product breadth.

Emerging players

• DeFever Yachts: DeFever built long-range trawler yachts historically, and the brand is currently being revived with new construction announced. They overlap with Northern Marine on the long-range-cruiser trawler template, particularly at 50-70 ft, and represent both a heritage competitor and a refit-target opportunity.

Direct peers

• Kadey-Krogen Yachts: Kadey-Krogen builds full-displacement long-range trawler yachts focused specifically on owner-operator passagemaking in the same 44-64 ft footprint as Northern Marine's current models. Both compete for the same owner-operator buyer with similar bluewater-passage value propositions.
• Nordhavn: Nordhavn builds long-range ocean-cruising trawler yachts in the same 50-100+ ft expedition niche as Northern Marine, explicitly targeting owner-operator couples for transoceanic voyages. Both builders compete for the same dealer networks and the same owner-operator segment at overlapping price points.
• Marlow Explorer: Marlow Explorer builds long-range trawler yachts in the 50-80 ft range with a focus on transoceanic capability and quality systems engineering. Their build philosophy of redundant systems and serious offshore capability closely mirrors Northern Marine's value proposition.
• American Tug: American Tug builds 34-48 ft coastal cruising trawlers distributed by Seattle Yachts alongside Northern Marine. They cover a smaller-format entry point into the same Seattle Yachts expedition client pipeline.
• Fleming Yachts: Fleming builds long-range cruising yachts in the 55-85 ft range emphasizing solid construction, seagoing comfort, and owner-operator use — a directly comparable product and customer segment to Northern Marine's expedition trawler line.
• Selene Yachts: Selene is a Taiwan-built expedition trawler brand producing 47-92 ft full-displacement motor yachts with similar long-range, owner-operator positioning. They compete head-to-head with Northern Marine on multi-month passagemaking capability.
• Grand Banks Yachts: Grand Banks builds semi-displacement and full-displacement trawler-style motor yachts in the same 50-80 ft luxury bluewater segment as Northern Marine. They share material overlap in on-deck accommodations, long-range cruising systems, and target premium trawler buyers.
• Hampton Yachts: Hampton builds long-range motor yachts in the 50-75 ft segment and is distributed by Seattle Yachts alongside Northern Marine. They share the same dealer channel, similar ocean-capable trawler buyers, and overlapping custom-build positioning.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/northernmarineyacht
• LinkedInlinkedin.com/company/new-world-yacht-builders-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Northern Marine