- Editorial – Introduces the new volume during the editor’s absence, outlines forthcoming technical series, and marks Marine Models’ eleventh year of publication.
- Marine Modelling and Model Yacht Building at London Evening Institutes – Announces new L.C.C. evening‑institute facilities for adult and junior model yacht and ship building.
- The “Marine Models” Cup – Describes the new trophy presented for the International M‑class British National Championship.
- Obituary: Paymaster‑Lieut.-Comdr. W. F. Behenna – Pays tribute to a prominent and widely respected South‑of‑England model yachtsman.
- Building a Planked Hull (Part I) – Yardstick begins a detailed instructional series on plank‑on‑frame yacht construction using the new 10‑rater Selene as an example.
- Messrs. Bassett‑Lowke’s New Catalogue – Reviews new kits, fittings, engines, and historical ship plans introduced in Bassett‑Lowke’s latest catalogue.
- A System of Handicapping in Model Yacht Clubs (Part I) – Brigadier W. C. Holden proposes a mathematical “handicapping on form” system to equalise club racing.
- Our Scottish Page – Early‑season Scottish racing news, association matters, and discussion surrounding Robertson Cup arrangements.
- Wooden Merchant‑Ship Building (Part I) – G. W. Munro opens a historical series with definitions of traditional merchant‑ship construction terms.
- Modelling “Blue Bird” (Part I) – J. Vines begins a detailed account of building two showcase models of Sir Malcolm Campbell’s motor yacht Blue Bird.
- Club News and Racing Reports – Reports on meetings, exhibitions, and early‑season racing from clubs across Britain.
- Racing Trim – D. A. Macdonald analyses how pond conditions and trim choices influence modern model yacht racing performance.
- American News – C. O. Brook reports U.S. exhibitions, club growth, junior participation, and league development.
- A System of Handicapping in Model Yacht Clubs (Conclusion) – Concludes Holden’s article with practical guidance on adjusting handicaps over time.
- News from Éire – Sean McSuibine reports on Cork championship racing, class difficulties, and Irish participation prospects.
- Scottish M.Y.A. Report – Reviews Scottish M.Y.A. activities in 1938, including the Empire Exhibition and national championships.





