Following the announcement of its new 2,000sqm Hodgdon Custom Tenders facility in Damariscotta earlier in the year, Hodgdon has launched a new Yacht Services division. The official announcement marks a significant expansion into the yacht and pleasure boat service and refit sectors for the US-based yard, making Hodgdon one of New England's largest full-service marine companies.

"We are pleased to continue growing the business as we approach our 200th anniversary, a milestone we will celebrate in 2016,” said Hodgdon CEO Tim Hodgdon. “This new division perfectly complements Hodgdon's world-renowned custom boat building, custom superyacht tenders, interiors and defense divisions."

Former president of Hinckley Yachts and Hodgdon Yachts' senior business advisor, Sandy Spaulding has been named president of the new division. Spaulding commented how the latest announcement gives Hodgdon a strong presence in the service and refit sectors. “With the addition of the highly skilled maintenance and repair staff now in our employ from Southport to East Boothbay, we are poised to go after the service and refit markets in a big way,” said Spaulding. “I am thrilled to be heading up this new initiative for Hodgdon."

Hodgdon Yachts' facilities

Hodgdon Yacht Services will provide maintenance, repair and refit services for recreational boats, yachts and superyachts. It will also provide storage and dockage at its Southport boatyard, which can lift boats up to 65ft and 50 tons. The new division also offers railway lifting capacity for superyachts of 60m and up to 400 tons at its East Boothbay shipyard. Recent projects completed at the yard include the refit of a 138ft schooner, an 83ft traditional yacht and an 82ft motoryacht with an ultra-lightweight interior.

While Hodgdon's Boothbay Harbor marina, known locally as Wotton's Wharf, has more than 750ft of linear dock space and a face dock of 500ft. The wharf is the home base to the annual Shipyard Cup, a Hodgdon-founded and hosted superyacht regatta that draws competitors from around the world.

The merger of Boothbay Region Boatyard and Wotton's Wharf — with its existing shipyard in East Boothbay — has led to the company operating facilities in three locations in the Boothbay area. With the addition of approximately 30 service sector professionals from Boothbay Region Boatyard, Hodgdon now employs approximately 150 staff in Midcoast Maine, making it one of the largest employers in the Boothbay region.
To celebrate the expansion, the yard will hold an open house on Sunday, 29th June at its Southport boatyard, and will welcome customers and community members. 

Profile links

Hodgdon Yachts

If you've found this story to be 'a report worth reading', and you would like to enjoy access to even more articles, insight and information from The Superyacht Group, then you may well be interested in our VIP print subscription offer. We are inviting industry VIPs to register for a complimentary subscription to our print portfolio, which includes the most insightful information on the state of the superyacht market. To see if you qualify for our VIP subscription package, please click here to fill in an application form