Marystown was known as Mortier Bay until 1909. It is situated on a wide harbour in Mortier Bay, which is within Placentia Bay. Both bays are considered to be large, deep and ice-free which allows for year-round shipping in and out of the bays.

Marystown was first settled because of its good harbour; nearness to and easy access of abundant fishing grounds, good farming land and its availability of adequate timber for shipbuilding and general construction.

Construction of the second Marystown Shipyard (1938 – 1966)
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