The annual event held in Rhode Island showcases a curated selection of classic and contemporary vessels crafted primarily from wood. It serves as a marketplace where builders, designers, and brokers connect with enthusiasts, potential buyers, and industry professionals interested in the artistry and craftsmanship associated with wooden boat construction.
This gathering provides significant economic benefits to the local Newport community, attracting visitors and generating revenue for businesses in the hospitality, retail, and marine sectors. Its historical significance lies in its role as a continuing tradition, preserving and promoting the skills involved in traditional boatbuilding while also highlighting innovative approaches in wooden boat design and technology.