A.F. Theriault spends three years building $7 million luxury yacht

Published on August 15, 2008

By Tina Comeau



The wood that shapes the interior of the Hayfu II is English sycamore. Before being shipped into the United States to be made into veneers the logs had been grown in Germany.

Chinese tiles, including 24-carat Italian gold tiles, might not be found in your bathroom at home, but they’re here, along with stainless vanities made in California.

The captains of the boat hail from Florida, as does the owner, the CEO of a major company. Designers of some of the interior features are based in California.

Building this yacht may seem like a global effort, but in the end all of the above was brought together in Meteghan River – the boatyard at A.F. Theriault, to be specific.

The boatyard has spent the past three years building the $7-million luxury 82-foot (25-metre) catamaran yacht – that comes with two hulls, two 650-horsepower engines, six staterooms, technical and operational advancements, a sophisticated audiovisual system and exotic materials.

Yet while the Hayfu II was a new project at A.F. Theriault, it had a familiar ring.

The owner had the first Hayfu – that one a 60-footer – built at the Acadian shipyard too. He was pleased with the end result and when it came time for a new vessel, the Digby County boatyard was one of the ones he went to for a bid on the project. “He wanted a larger vessel, and it came back between us and two other shipyards for pricing,” says Gilles Theriault, the assistant marine superintendent at A.F. Theriault. “He liked the quality of what he received for the first boat and after four years, everything was still working fine and in good working order and had good value for him.”

The project saw an average of 30 people working on it prior to the recent launch.

Part of that workforce included Brian and Lynn Waters from Pensacola, Florida who will be captains of the vessel. (Could their last name Waters be more appropriate?) The couple was extremely hands on throughout the building process.

The boatbuilding industry is a competitive one, with many shipyards bidding on the same projects. In a climate where there is less new fishing boat construction, projects such as pleasure crafts or commercial vessels are what is keeping a lot of boatyards busy.

One thing those shopping for a boatyard want to ensure is that companies don’t promise more than they can deliver. “There are a lot of people that will start a boat for you, but there are not a lot of people that can finish a boat for you,” says Brian Waters. “It’s a lot worse to see a project start and then stall, than to have it not start at all.”

The Hayfu II sailed off to its new home on Friday, Aug. 15. As for what’s upcoming in the months ahead for the boatyard, aside from the other work already taking place, “We have a few boats ahead. We’ve got enough work to the beginning of the new year, and other prospects,” says Theriault.