New Contract for Preservation Shipyard

August 17, 1999

Preservation Shipyard in Newburyport, Mass., has been awarded a contract by Shannon Development of Naples, Fla. for construction of Keewaydin, a 40-ft. USCG-certified yacht capable of carrying up to 25 passengers. The design for Keewaydin was a collaboration between Thomas Cavanaugh, president of the shipyard, Shannon's marine manager, Nick Lile, and Karl Stambaugh of Chesapeake Marine Design. The yacht will be constructed over the next 12 months at the company's facility on the Merrimack River in Newburyport Harbor. Vessel Specifications Length, o.a.: 39.9 ft. Beam: 14 ft. Draft: 2.8 ft. Displacement: 29,000 lbs. Power: Cummins 6B5.9-M, 115 hp; Clutch, Twin Disc MG5011, 2.44:1 Gen set: Northern Lights, 8 kW, sound-shielded Drive system: Aqua-Drive

New Contract for Preservation Shipyard

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