The company director suffered facial injuries.
Mangawhai Engineering and Marine was fined $20,000 and ordered to pay reparations of $5000 to each of the two victims in North Shore District Court today.
In a statement after sentencing, Ministry of Business, Innovation and Employment northern region health and safety manager John Howard said the company owner had carried out a sniff test to check for hazardous vapours.
But the test was "completely inadequate".
"He had a responsibility to ensure his own safety along with that of the contractor and also to ensure his customer was safe.
"He should have used a more through system to ensure that hazardous vapours and moisture were not present inside the void of the hull to conduct the repair safely.
"Instead his customer now faces permanent hearing loss and his contractor suffered preventable injuries."