Maine-based yacht builder and services company, Lyman-Morse, has expanded its activities by opening a repair and refit facility at Shelter Bay Marina located very close to the Caribbean entrance to the Panama Canal.

Operating under the name Lyman-Morse Panama, the new facility offers haul-out, storage, and pre-canal transit preparation.

It has a 100t travel-lift and can haul out yachts up to 30m (100ft). Larger craft can be worked on afloat.

Shelter Bay Marina offers 170 berths for yachts up to 76m (250ft).

The timing and location is perfect for us,” said the vice president of Lyman-Morse, Drew Lyman, in an interview with Soundings Trade Only. “The new locks which will come into operation in 2014, will dramatically improve the experience of transiting the canal, opening up these cruising grounds and access to the Pacific.”

Lyamn-Morse operates two facilities in Maine at Thomaston and Tenants Harbor, which both handle new build and refit work.

In Maine it offers lifts up to 110t for craft up to 39m (130ft).