Vessels must go to the wharves as there is no room for anchorage. There is very little dockage available.
A ferry which operates between Fishers Island and New London lands here. During the summer, a Coast Guard unit is stationed inside the entrance to the cove.
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Silver Eel Pond (Silver Eel Cove) is on the west side of Fishers Island, 0.6 mile northeastward of Race Point. The entrance, about 75 feet wide and jettied, is marked by a private light and has a depth of about 11 feet, with similar depths inside. Submerged fender pilings are reported on both sides of the entrance. Dolphins are on the northeast side of the cove, and the channel is clear between them and the wharves on the southwest side. The entrance is difficult with northwesterly or westerly winds. A lighted whistle buoy is about 450 yards off the entrance.