What Aerotek-Newport News Shipyard does

Safe Harbor Newport Shipyard operates a full-service marina and shipyard at 1 Washington Street in downtown Newport, Rhode Island. The facility offers 3,500 linear feet of dock space accommodating yachts up to 350+ feet LOA, complemented by three marine travelifts (500T, 200T, 100T) and a 14T dry stack forklift for hauling large vessels. Core operations encompass dockage and marina services, comprehensive refit and repair capabilities (paint, engine, carpentry, electrical, machining, metal fabrication, mast and rigging), seasonal winter storage, and on-site amenities including Belle's Newport restaurant, the NSY Outfitters ship store and chandlery, a fitness center, and shipping/receiving logistics.

The company serves a diverse customer base: private luxury yacht owners and professional captains seeking large-vessel haul-out and downtown access; charter yacht brokers and crews attending the annual Newport Charter Yacht Show (90+ brokers, vessels 50–200+ feet); commercial ferry operators (Woods Hole Steamship Authority, Bridgeport-Port Jefferson Ferry, Seastreak); and government/military clients including the US Coast Guard, NOAA, and US Navy, served by government-certified welders and electricians. Signature events include the Newport Charter Yacht Show, Safe Harbor Race Weekend, and the Pumpkin Regatta.

Revenue is generated through five primary streams: (1) recurring dockage and marina fees (subscription-based, quote-priced); (2) professional refit and repair services; (3) transaction-based revenue from Belle's Newport restaurant (menu items $7–$34); (4) hardware/retail sales through NSY Outfitters and the Ship Store; and (5) seasonal winter storage. The company distributes through direct sales via its Dock Office, event-based sales, and on-site retail, with no third-party resellers. Safe Harbor Newport Shipyard is a wholly-owned property within the Safe Harbor Marinas network, having been acquired by the Dana family at a bankruptcy auction in 1998 and rebranded under the Safe Harbor name in recent years.

Name

Aerotek-Newport News Shipyard

Legal name

Safe Harbor Newport Shipyard

Website

https://newportshipyard.com

Company type

Private

Founded year

1998

Operating status

Operating

Short description

Safe Harbor Newport Shipyard operates a full-service marina and shipyard in downtown Newport, Rhode Island, offering dockage for yachts up to 350+ feet, refit and repair, hauling via 500T travelifts, dining, and retail to luxury yacht owners, charter industry, and government and commercial vessel operators.

Ownership category

akta.pro rank

Product category

Marina and Shipyard Services

NAICS

Ship Building and Repairing (336611), Marinas (71393), Port and Harbor Operations (48831), Support Activities for Water Transportation (4883)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

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

akta.pro secondary industries

Naval & Government Vessel Maintenance & Modernization (TLAKAKAB), Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI)

Keywords

• Marina dockage services
• Yacht refit repair
• Boat hauling shipyard
• Marine vessel maintenance
• Shipyard chandlery retail

Headquarters

HQ city

Newport

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Dockage & Marina Fees: Daily/seasonal dock rental fees for yachts up to 350+ feet LOA, with 3,500 linear feet of dock space
2. Refit & Repair Services: Complete refit and repair services including paint, engine repair, carpentry, electrical, machining, mast and rigging service work
3. Belle's Newport Restaurant: On-site dockside dining serving breakfast and lunch daily, open mid-March through mid-December
4. NSY Outfitters & Ship Store: Retail merchandise including branded clothing, accessories, housewares, and marine chandlery items
5. Winter Storage: Seasonal boat storage with limited availability

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Safe Harbor Newport Shipyard operates a full-service marina and shipyard in downtown Newport, Rhode Island, providing yacht dockage (3,500 linear feet accommodating vessels up to 350+ feet LOA), refit and repair services, and large-vessel boat hauling via three marine travelifts (500T, 200T, 100T). The facility bundles core shipyard trades — paint, engine repair, carpentry, electrical, machining, and mast/rigging work — under one roof, complemented by an on-site restaurant (Belle's Newport), ship store and chandlery, fitness center, winter storage, and signature yachting events.

Product overview

Safe Harbor Newport Shipyard is a full-service marina and shipyard operating as a single unified facility in Newport, Rhode Island. Its core offering combines dockage and marina services (with 3,500 linear feet of dock space accommodating vessels up to 350 feet) with comprehensive refit and repair capabilities, including boat hauling via three marine travelifts, and specialized on-site service shops for paint, machine work, electrical, metal fabrication, and carpentry. The facility is complemented by on-site amenities including Belle's Newport restaurant, the NSY Outfitters ship store and chandlery, a fitness center, and winter storage. The shipyard also organizes signature events including the Newport Charter Yacht Show, Safe Harbor Race Weekend, and an annual Pumpkin Regatta, and serves both private yacht owners and commercial/military vessel operators (with government-certified welders and fabricators on-site).

Differentiator

Problem solved

Functional benefit

Brands

• Belle's Newport: Onsite dockside restaurant at Safe Harbor Newport Shipyard serving breakfast and lunch daily, open mid-March through mid-December.

Products and services

• Dockage & Marina Services

Quantifiable outcome

• 90+ charter brokers attend annual Newport Charter Yacht Show
• +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

Feature3 records

Partnerships

21 partnerships are on record, tiered minor.

• AERÉ Dockling SolutionsminorStrategic or Co-development PartnerEvent partner for Safe Harbor Newport Shipyard events including Newport Charter Yacht Show and Safe Harbor Race Weekend. Provides docking solutions and support.
• AkzoNobel (Awlgrip, Interlux, Sea Hawk)minorStrategic or Co-development PartnerPaint and coating partner providing marine paint products and support for shipyard painting services.
• AlexsealminorStrategic or Co-development PartnerMarine coating partner for yacht painting services at the shipyard.
• North SailsminorStrategic or Co-development PartnerSail manufacturer partner providing sails and rigging services for sailing yachts.
• Brenton HotelminorGTM or Marketing PartnerRecommended hotel partner located 0.4 miles from shipyard at 31 America's Cup Avenue. Event partnership for shipyard events.
• Newport MarriottminorGTM or Marketing PartnerRecommended hotel partner at 25 America's Cup Avenue with event space for corporate gatherings.
• Newport Harbor Island ResortminorGTM or Marketing PartnerRecommended hotel partner on Goat Island, 0.3 miles from shipyard.
• Newport Sea SaltminorChannel Partner/ Reseller/ DistributorLocal artisan sea salt brand sold through NSY Outfitters. Hand-harvested from Brenton Reef area of Ocean Drive in Newport.
• Noon DesignsminorChannel Partner/ Reseller/ DistributorRISD alumni-designed tea towels sold through NSY Outfitters, made from bread bags and silk-screened in Providence.
• Lemon & LineminorChannel Partner/ Reseller/ DistributorMarine lifestyle accessories brand providing belts and other products sold through NSY Outfitters.
• Smathers & BransonminorChannel Partner/ Reseller/ DistributorMarine-themed accessories brand providing key fobs and wallets sold through NSY Outfitters.
• Costa Del MarminorChannel Partner/ Reseller/ DistributorSunglasses brand carried in Ship Store & Chandlery.
• KaenonminorChannel Partner/ Reseller/ DistributorSunglasses brand available in Ship Store & Chandlery.
• GunboatminorChannel Partner/ Reseller/ DistributorOnsite yacht builder/tenant at Newport Shipyard.
• McMichael Yacht BrokersminorChannel Partner/ Reseller/ DistributorOnsite yacht brokerage/tenant providing yacht sales and charter services.
• Oyster MarineminorChannel Partner/ Reseller/ DistributorOnsite yacht builder/tenant representing Oyster sailing yachts.
• Seaton YachtsminorChannel Partner/ Reseller/ DistributorOnsite yacht builder/tenant.
• North SailsminorStrategic or Co-development PartnerOnsite sailmaker tenant providing sails, canvas, and rigging services.
• Boys & Girls Clubs of Newport CountyminorGTM or Marketing PartnerCharitable partner for Newport Yacht Rendezvous event. Safe Harbor NSY hosts the annual fundraiser.
• Sail NewportminorStrategic or Co-development PartnerSailing organization serving as Organizing Authority for Sail for Hope and other races. Beneficiary of Pumpkin Regatta charity event.
• Bermuda Race FoundationminorStrategic or Co-development PartnerOrganizer of Newport Bermuda Race starting from Newport Shipyard.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Brewer Yacht Yards: Family of full-service marinas and boatyards across New England offering dockage, hauling, storage, and repair — competing directly for seasonal Northeast yachting customers in an overlapping geographic footprint.
• Merrill-Stevens Yachts: Miami-based full-service yacht yard and marina providing dockage, yacht refit, repair, and marina services for motor yacht owners — directly comparable business model and superyacht customer base to Newport Shipyard.
• Front Street Shipyard: Boutique full-service shipyard in Belfast, Maine providing marina services, large-vessel haul-out, and custom refit/repair for yacht owners — a comparable premium, smaller-footprint yacht yard model.
• Burr Bros Boats: Full-service boatyard and marina in Marion, MA on Buzzards Bay offering dockage, storage, hauling, and repair — a regional peer competing for southern New England yacht owners and refit work.
• Conanicut Marina: Narragansett Bay / Jamestown area marina and service yard catering to the same Newport-region recreational and charter yacht market, competing for seasonal dockage and service work.
• Derecktor Shipyards: Full-service yacht refit and repair shipyard with locations in Dania Beach, FL and Mamaroneck, NY, serving the same superyacht and large-yacht refit market with comparable haul-out and project management capabilities.
• Hinckley Company: Operates a network of full-service yacht service yards and marinas across New England (including Newport-area locations) serving the same luxury yacht owner and captain segment with marina dockage, hauling, and refit/repair services.
• Rybovich: Palm Beach superyacht facility offering marina berthing, refit, and repair services to large motor yacht owners — competing in the same premium U.S. East Coast superyacht service category as Newport Shipyard.

Others

• Newport Yacht Club: Adjacent Newport-based yacht club hosting racing and member events; not a commercial competitor but an ecosystem participant that overlaps with Newport Shipyard's regatta and America's Cup heritage events and customer base.

Broad incumbents

• Safe Harbor Marinas (other properties): Parent network and operating peer; while part of the same brand, sister properties in Rhode Island and beyond compete for the same Newport-area transients and provide the reference benchmark for network-wide pricing, service standards, and capital deployment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/newportshipyard
• Facebookfacebook.com/safeharbornewportshipyard
• LinkedInlinkedin.com/company/newport-shipyard

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Aerotek-Newport News Shipyard