Systems and methods are provided for lifting and stowing water-borne vessels. The systems and methods can be used, for example, to lift a small vessel, such an inflatable dinghy, onto a larger water-borne vessel equipped with an outboard motor; and to stow the dinghy above the outboard motor. The systems and methods permit the dinghy to be lifted out of the water from a position behind the larger vessel, with any need to remove, disassemble, or move the outboard motor.