CN Marine replaced her with a newer vessel MV Stena Jutlandica which was renamed MV Bluenose to prevent confusion in tourism marketing literature.In 1986 CN Marine was reorganized into the Crown corporation Marine Atlantic and in 1997 the federal government decided to end its financial support for the Gulf of Maine ferry service, soliciting proposals from private sector ferry companies to operate the route.The DAR and Halifax and Southwestern Railway offered connections for passengers arriving in Yarmouth with steamship services operating to New York City and Boston.In 1939, examiners at Yarmouth's Merchant Marine Institution made seafaring history by issuing master's papers to Molly Kool, the first female ship captain in the Western World. Following the war, as the economy of western Nova Scotia improved, the need for a year-round daily service was made evident.
Long connected to fishing due to its proximity to Georges Bank, the town is located in the heart of the world's largest lobster fishing grounds and as a result receives Canada's largest lobster landings each year.
After some controversy as to whether to return to the traditional Boston or New York service, a decision was made to focus the effort on a service from Yarmouth to Bar Harbor.
In 1954 the federal government contracted Davie Shipbuilding to construct MV Bluenose which was launched in 1955 and began service in 1956 under the management of Canadian National Railway (CNR) and later (1977-1982) under the management of a federal Crown corporation named CN Marine.
Steamship and railway promotion based in Yarmouth created the first tourism marketing in Nova Scotia.
Baker's steamships operated between Yarmouth and Boston until 1900, when the company was purchased by the Dominion Atlantic Railway.