Liverpool City Council has announced an alternative programme to the cancelled Liverpool Boat Show.
Organiser Marine Industry Events (MIE) announced its cancellation after a number of major exhibitors pulled out because of falling boat sales.
Tall ships, shanty stories and the Royal Navy will all play a part in a new event called "Spring On The Waterfront".
It will run on the same dates as the boat show, 29 April to 8 May.
The 10-day boat show was expected to have attracted 400,000 visitors.
The council aims to build a programme around a number of key events, including tall ships, the Liverpool Comedy Festival, Liverpool Kindred Clubs Regatta, Liverpool Shanty Festival and street theatre.
Referring to the replacement event, Max Steinberg, the chief executive of Liverpool Vision, the city's economic development company, said: "We've got narrow boats that will be on the river, located at Salt House Dock, working boats as well moored at the Albert Dock, Liverpool Historic Boat Club will be participating and the Royal Navy has confirmed that two patrol craft will be berthed at the South Docks."
Council leader Joe Anderson, who chaired a meeting with exhibitors still interested in a show and tourism chiefs, said: "Our priority is to make sure we have a number of vibrant events on the Waterfront to attract both the city's residents and tourists.
"I was very encouraged by the response from all sectors of the Liverpool community in the wake of last week's announcement."