Olympic Yachtcraft Corp.



The marine industry is replete with tales of ambition, innovation, and international collaboration. Among these, the story of Olympic Yachtcraft Corp. stands out as a brief but notable chapter in Canadian yacht manufacturing, intrinsically linked to its parent company, Olympic Yachts of Greece. While the Canadian entity has long since ceased operations, its legacy, and that of its Greek progenitor, speaks to a commitment to naval craftsmanship.

The Origin Story

The narrative of Olympic Yachtcraft Corp. begins in Lavrio, Greece, where Olympic Marine (initially known as Olympic Yachts) was founded in 1969. This marked the inception of a significant shipbuilding enterprise that would go on to construct a diverse range of vessels, from yachts and ships to fishing boats, lifeboats, and even patrol boats for the Greek Coast Guard.

During the 1970s, Olympic Yachts extended its reach across the Atlantic, establishing a Canadian subsidiary: Olympic Yachtcraft Corp. Located at 2615 Marcel Street in Montreal, Quebec, the Canadian operation aimed to bring the Greek builder's designs and manufacturing capabilities to the North American market. The precise vision of its founder for the Canadian arm remains somewhat veiled by time, but it clearly sought to capitalize on the burgeoning interest in recreational boating in Canada and the United States.

History and Evolution

Olympic Yachtcraft Corp. operated primarily throughout the 1970s, acting as the Canadian arm of the Greek company. It is noted that some boat models may have been built in both Greece and Canada, indicating a shared production or at least a transfer of designs and possibly components between the two nations. This transatlantic approach was a distinctive aspect of Olympic Yachtcraft's operations. While the Canadian subsidiary eventually ceased to be active, its existence highlights a period of international expansion for the Greek parent company.

Design Philosophy and Identity

Olympic Yachts, and by extension Olympic Yachtcraft Corp., established a reputation for robust construction. While specific design philosophies for the Canadian entity are not extensively documented, the parent company in Greece emphasized a commitment to quality and innovative techniques. Their building process incorporated advanced methods, and they offered a five-year limited hull warranty, showcasing confidence in their craftsmanship.

A notable collaboration for a model associated with the Canadian operation was with the respected Canadian maritime architect Edward S. Brewer. He designed the Olympic Adventure 42, a large sailboat first built in 1976. This collaboration underscored a willingness to integrate local design talent, providing North American appeal to the brand's offerings.

Iconic Models and Legacy

The Olympic Adventure 42 stands out as a significant model linked to the Canadian subsidiary. This 42-foot fiberglass sailboat, with its Canadian design provenance, likely represented the aspirations of cruisers and liveaboards in the late 1970s. While production numbers for the Canadian-built models are not readily available, the very existence of such a substantial sailboat designed for the North American market suggests a notable, if short-lived, presence in the Canadian yachting scene. Historically, Olympic Yachts also produced a wide variety of vessels, including various pleasure craft and larger working boats, showcasing their versatile manufacturing capabilities.

The Builder Today

While Olympic Yachtcraft Corp. in Canada is no longer in business, its parent company, Olympic Marine of Greece, continues to thrive. Olympic Marine, founded in 1969, has evolved into a comprehensive marine enterprise. Beyond its historical role as a boat builder, Olympic Marine operates a modern, year-round marina in Lavrio, near Athens, which serves as a vital hub for yachting in the Aegean.

Today, Olympic Marine's boat-building activities continue under the Olympic Boats brand, producing a range of superior quality pleasure motorboats for fishing and cruising. These typically range from 4 to 6 meters and include popular layouts such as center console and walk-around models, characterized by unsinkable designs and self-bailing cockpits. Furthermore, Olympic Marine has recently introduced Omikron Yachts, a brand for a new line of production boats, signaling ongoing innovation and a forward-looking approach to yacht design and manufacturing.

Olympic Marine remains a cornerstone of Greece's marine industry, adapting to modern market demands while maintaining its foundational commitment to shipbuilding excellence. The company’s enduring presence, marked by both its boat manufacturing and its comprehensive marina services, speaks volumes about its resilience and impact on the global marine landscape.


Sailboats built by Olympic Yachtcraft Corp.