Billings Diesel and Marine

What Billings Diesel and Marine does

Billings Diesel and Marine is a privately held, full-service boat yard located on Deer Island Thorofare in Stonington, Maine, operating continuously since 1928 with a workforce in the 11–50 range. The company serves three distinct customer segments — private yacht owners (primary), commercial vessel operators, and commercial and recreational fishing boats — handling vessels from the smallest recreational craft to commercial tonnage exceeding 100 feet. Revenue is generated through an integrated suite of services: a sheltered marina offering dockage (up to 75 feet), moorings (up to 50 feet), and fuel; hauling and storage across three marine railways to 275-ton capacity, a 35-ton boat lift, and nine indoor storage buildings; an on-site ship's store stocking thousands of marine parts; a fully equipped machine and welding shop; professional painting and varnishing in two climate-controlled spray sheds; a 6,000 sq ft engine repair and repower facility; full-capability boat building and restoration in wood, fiberglass, steel, or aluminum; and authorized dealership positions for diesel engine and marine equipment manufacturers supporting warranty repair work.

The business model is fundamentally a physical-services operation monetizing a capital- and skill-intensive footprint. Revenue mechanics combine project-based yard work (repairs, restorations, repowers — typically quoted per scope), seasonal recurring services (winter storage, spring commissioning, dockage, moorings), retail parts sales through the ship's store, and transaction-fee/dealer-margin income from marine equipment sales and warranty repairs. Go-to-market is direct-to-customer with minimal formal marketing; demand is captured primarily through the irreplaceable Deer Island Thorofare location, a long-built reputation "up and down the Maine Coast," and word-of-mouth within the coastal maritime community. Distribution is regional — concentrated on the Maine Coast and broader New England — and the company's competitive position rests on infrastructure depth (275-ton railways, climate-controlled facilities), scarce restoration-grade craftsmanship, and OEM dealer relationships that competitors cannot easily replicate. No public listing, funding history, or disclosed revenue figures are present in the source data, and ownership appears to be private and undisclosed.

Name

Billings Diesel and Marine

Legal name

Billings Diesel and Marine Inc.

Website

https://billingsmarine.com

Company type

Private

Founded year

1928

Operating status

Operating

Headcount range

11–50 employees

Short description

Billings Diesel and Marine is a full-service boat yard in Stonington, Maine, founded in 1928, serving yacht owners, commercial vessel operators, and fishing boat owners with hauling, storage, engine repair, restoration, and marina services.

Ownership category

akta.pro rank

Product category

Marine Repair and Maintenance Services

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (3366), Support Activities for Water Transportation (4883)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industries

Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD), Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH), Electrical, Automation & Control Systems Repair (TLAKAKAG)

Keywords

• Marine repair services
• Boat yard services
• Yacht maintenance
• Diesel engine repower
• Boat building restoration

Headquarters

HQ city

Stonington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Supply Chain, Operations

Revenue model

1. Boat Yard Services: Full-service boat maintenance and repair including engine repair, painting, varnishing, machine/welding work, and boat building/restoration services for yachts, commercial vessels, and fishing boats up to 100+ feet.
2. Marina and Dockage: Alongside dockage for boats up to 75 feet, moorings for boats up to 50 feet, fuel sales, and marina amenities including showers, laundry, and holding tank pump out.
3. Ship's Store Retail: Onsite ship store stocking thousands of items for boat maintenance, providing parts and supplies to customers.
4. Hauling and Storage: Winter storage services inside storage buildings or outside with shrink wrap, plus spring commissioning services including launching, mast stepping, and sail bending.
5. Marine Equipment Dealership: Authorized dealer for diesel engines, transmissions, and marine equipment, providing re-power, service, and warranty repair services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Billings Diesel and Marine is a full-service boat yard offering maintenance, repair, and restoration services for yachts, commercial vessels, and fishing boats up to over 100 feet. The company operates a marina with dockage and moorings on Deer Island Thorofare, hauling and storage on three marine railways, an engine repair and repower facility, machine and welding shop, painting and varnishing services, and boat building and restoration capabilities. An onsite ship store stocks marine maintenance supplies and parts.

Product overview

Billings Diesel and Marine is a full-service boat yard offering an integrated suite of marine services. The core offerings include a sheltered marina with dockage and moorings, comprehensive hauling and storage capabilities with multiple marine railways and a travel lift, an onsite ship's store for supplies, machine and welding shops, professional painting and varnishing services, a 6,000 sq ft engine repair and repower facility, and boat building and restoration services in wood, fiberglass, steel, or aluminum. As an authorized dealer for diesel engines and marine equipment, the company positions itself as a one-stop shop for yachts, commercial vessels, and fishing boats up to over 100 feet.

Differentiator

Problem solved

Functional benefit

Products and services

• Marina Sheltered marina located on Deer Island Thorofare offering alongside dockage for boats up to 75 feet, fuel, showers, laundry, holding tank pump out, free WiFi, and 11 granite block moorings for boats up to 50 feet. Primarily serves transient and seasonal boaters on the Maine Coast.
• Hauling & Storage Marine hauling and storage services featuring three marine railways (two covered) with capacities to 275 tons, a 35 ton boat lift, two Brownell trailers, two cranes, nine storage buildings for indoor winter storage, and shrink wrap outdoor protection. Serves yacht owners, commercial vessels, and fishing boats needing off-season storage and haul-out.
• Ship's Store Onsite ship store stocked with thousands of items for boat maintenance, staffed by knowledgeable personnel to assist with finding needed supplies. Serves walk-in customers and existing boat yard clients needing parts and supplies.
• Machine Shop & Welding Fully equipped machine and welding shops staffed by a certified welder and journeyman machinist, capable of building or repairing metal boat components from propeller shaft straightening to complete exhaust systems. Serves boat owners needing metal fabrication and repair work.
• Painting & Varnishing Professional paint and varnish services using techniques including up to ten coats of varnish and Awlgrip topsides, with two covered marine railways, two climate controlled spray sheds, and a dedicated varnishing area. Serves yacht owners and commercial operators seeking high-quality marine finishes.
• Engine Repair & Repower Modern 6,000 sq ft engine maintenance facility with latest tools and technology for diesel engine repair, rebuild, new installations, and re-powers, including design and installation of electrical, exhaust, refrigeration, heating, and power train systems. Serves yacht owners, commercial vessels, and fishing boats needing diesel engine service.
• Boat Building & Restoration Skilled shipwright services for building and maintaining boats in wood, fiberglass, steel, or aluminum, ranging from small improvements such as a single cabinet addition to complete restorations from keelson to mast truck. Serves yacht owners seeking custom improvements and full vessel restorations.
• Dealerships Authorized dealer relationships for diesel engines, transmissions, and marine equipment, providing re-power, service, and warranty repair capabilities with close manufacturer relationships. Serves boat owners seeking new engine installations and warranty service.

Quantifiable outcome

• Famous up and down the Maine Coast for new installations and re-powers

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

Feature3 records

Partnerships

One partnership is on record.

• Marine Equipment ManufacturerscoreTechnology or IntegrationAuthorized dealer relationships with manufacturers of diesel engines, transmissions, and marine equipment. These relationships keep the company fully up-to-date with the latest product developments and enable warranty repairs, re-power services, and new installations.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Duffy Creek Boatworks: Southwest Harbor, Maine boatyard offering service, repairs, and storage to the Mount Desert Island sailing community; comparable as a small New England full-service yard with similar restoration and repair focus.

Broad incumbents

• Safe Harbor Marinas: Largest U.S. marina network with multiple New England locations including boatyards; offers dockage, storage, and service as part of a national portfolio, providing broader competitive context for Billings' marina and storage operations.

Direct peers

• Brewer Yacht Yards: Network of full-service boatyards across New England offering dockage, storage, repairs, and marine services; comparable regional competitor with similar service mix targeting yacht owners in the same geography.
• Front Street Shipyard: Full-service shipyard in Belfast, Maine offering new construction, refit, repair, painting, and storage for yachts and commercial vessels. Directly comparable in services, geography, and target customer base to Billings Diesel and Marine.
• Maine Coast Boat Company: Boatbuilder and yard operator in Steuben, Maine with boat building, repair, and marina services for commercial and recreational vessels on the Down East coast—similar service mix and regional footprint.
• Hinckley Company: Iconic Maine-based yacht builder and service operator with yards in Southwest Harbor and Portsmouth; competes in yacht maintenance, restoration, and re-power work for high-end owners along the same coastline as Billings.
• Gamage Shipyard: Branford, Connecticut full-service boatyard offering storage, repairs, painting, rigging, and marine services for power and sail yachts; comparable in scope of services and small-yard operating model.
• Washburn & Doughty: East Boothbay, Maine shipyard building and repairing commercial vessels, tugboats, and yachts; comparable as a Maine-based full-service yard with haul-out, fabrication, and repower capabilities.
• Newport Shipyard: Newport, Rhode Island full-service shipyard serving yachts and commercial vessels with haul-out, dockage, and refit services; comparable as a New England yacht service competitor at the premium end.
• Mystic Shipyard: Mystic, Connecticut full-service boatyard with travel lift, storage, repairs, painting, and rigging serving yachts and commercial vessels; mirrors Billings' one-stop shop positioning for New England boat owners.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Billings Diesel and Marine