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1976 New York Harbor Festival poster by Dong King. Operation Sail refers to a series of sailing events held to celebrate special occasions and features sailing vessels from around the world. Each event is coordinated by Operation Sail, Inc., a non-profit organization established in 1961 by U.S. President John F. Kennedy... The event culminates in the Parade of Ships on the Hudson River and in New York Harbor on July 4, Independence Day. (Wikipedia)