Fajardo is the hub of the majority of recreational boating in Puerto Rico and a popular launching port to Culebra, Vieques, and the American and British Virgin Islands. It is also the home to the largest Marina in the Caribbean, called Puerto del Rey. The town contains various hotels and inns.
Off shore, near Fajardo, a few islets can be found. These are Icacos, Palominos, Palominito, and Diablo, among other uninhabited coral islands.
Fajardo was founded in 1760, 1773 or 1774 (depending on the authority) as Santiago de Fajardo. It was one of the locations used by the Americans to invade Puerto Rico. On August 1, 1898 the USS Puritan under the command of Captain Frederic W. Rodgers, was sailing by the coastline of the city of Fajardo, when Rogers noticed the "Faro de Las Cabezas de San Juan" (Cape San Juan lighthouse) which was supposed to be the landing site for the US Army in Puerto Rico. Rodgers ordered some of his men ashore, which included Puerto Rican volunteers, with the mission of posting the American Flag atop the lighthouse.
Fajardo is popular among tourists, especially local tourists, because of its seafood, hotels, closeness to the small islands of Palomino, Icacos and Palominito, and the many daily trips that are (or were) available to Vieques and Culebra, both by boat and by the four airlines that served Fajardo Airport (now closed): Air Culebra, Air St. Thomas, Isla Nena Air and Vieques Air Link.
Fajardo's beaches are bounded by calm, clear water ideal for snorkeling.
Nightly trips are offered by kayak by local companies who give educational tours.
Electrical components, metal work, furniture manufacturing. Fajardo is also home to pharmaceutical and bio-sciences companies.
Due to its rich ports and closeness to smaller islands, Fajardo is also known for its fishing industries.
Fajardo in the past was home to a National Superior Basketball; Baloncesto Superior Nacional BSN basketball team, the Fajardo Cariduros or as they are known in the Island Cariduros de Fajardo. George Torres, Mario Morales and Mario Butler were three of the most famous players to play for that franchise.
In 2007, the team returned once again to the BSN. The team known as the "Titanes de Morovis" was moved to Fajardo, and was renamed "Cariduros de Fajardo". Unlike the NBA and other sports leagues in the United States, Puerto Rican franchises rarely leave the original name of the franchise when they move to a different city.
Once, there was a basketball team for the Puerto Rican Basketball League known as the "Conquistadores de Fajardo".
Fajardo also has a AA Amateur Baseball Team Los Cariduros de Fajardo and have won over 10 sectional championships, 3 time national runners-up in 1974, 2003 and 2005, and 3 times national champions in 1954, 2004 and 2010.
All municipalities in Puerto Rico are administered by a mayor, elected every four years. The current mayor of Fajardo is Aníbal Meléndez Rivera, of the New Progressive Party (PNP). He was elected at the 1988 general elections.
The city belongs to the Puerto Rico Senatorial district VIII, which is represented by two Senators. In 2012, Pedro A. Rodríguez and Luis Daniel Rivera were elected as District Senators.
Fajardo's flag is a tricolor triband. The upper band is gules (red), symbolizing the color of the shield's border. Silver (white), the center band, stands for the color of the main pieces that appear in the shield and the crown. Azure (blue), the lower band, represents the color of the sky and the sea of Fajardo. Centered is the Coat of Arms of the village (villa) in natural colors.
The Coat of Arms is formed as a square with a rounded base and stamped at the top with a crown mural of three towers. It is supported by two dolphins, and underneath the base a banner with the inscription Codey Astol DE SANTIAGO".