Island harbors stay afloat in sinking economy

By Steve Myrick
Published: October 29, 2009

An analysis of harbor revenue from services to visiting boaters this summer reveals mixed results. In general, the revenue mirrored the economic slowdown in other sectors of the economy. Boaters held on to their money early, but spent enough later to mostly make up for the slow start.

ALTTEXT, Martha's VineyardEdgartown Harbor. Photo by Susan Safford

"The first three months, I thought it was going to be a catastrophe," Oak Bluffs harbormaster Todd Alexander said. In February, March, and April, when most of the advance reservation deposits come in, Oak Bluffs harbor revenue was down $63,941, or 37.8 percent, from the same period the year before.

"They definitely waited," Mr. Alexander said. "But that was when everything was melting down. Those were the worst advance reservations we've ever had."

Rainy weather in June held revenue down for another month, but after that Oak Bluffs Harbor was full of boats. In terms of revenue, the town recorded the best July, August, and September ever. The town finished the year with a decrease of $20,186, or 2.1 percent for February through September 2009, compared with the same period the year before.

ALTTEXT, Martha's VineyardVineyard Haven Harbor. Photo by Ralph Stewart

In Edgartown, harbormaster Charlie Blair also saw signs of a wait-and-see season early in the year. "We realized by the middle of July that the small boats weren't coming, and the big ones were," he said. "The little guys got hurt."

Mr. Blair estimates that the harbor saw about 100 fewer boats per day than in years past, with many fewer boats anchored outside the harbor mooring area. Boats that might have had to anchor outside in previous years easily found moorings this year.

"When you looked out into Nantucket Sound on a nice August day, there weren't as many boats," Mr. Blair said. "Usually we're turning people away, and on the weekends we're turning a lot of people away."

Boats that anchor outside the harbor don't pay a fee to the town, so the harbor didn't lose revenue, but Mr. Blair said it was obviously a revenue loss for local businesses, with fewer boat owners and crews eating in restaurants, buying supplies, and shopping in stores.

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