Revived in 1972 by local people through monies raised from private, business and charitable donations, today the renamed charitable Sea Palling Independent Lifeboat, runs a single 6.3 Ocean Pro RIB, an Arancia ILB and a shoreline rescue Argocat, all covering the area between Eccles-on-Sea and Winterton-on-Sea.

[1] In the late 1920s, in part due to the world economic crash and a resultant decrease in donations, the RNLI began a programme of rationalisation of lifeboat stations.

Crews had gained five RNLI silver gallantry medals, with a replica of the one awarded to Tom Bishop still on show at St Margaret's Church.

Named after the majority fund raiser and benefactor, The Hoveton and Wroxham Lions club, she was blessed by the Bishop of Norwich on 4 May 2008.

However on 1 September 2011, whilst on a night time training exercise, the boat hit unidentified underwater rocks, and was so severely damaged that it was written off by the insurance company.

In 2022 Lionheart and the Quad bike were retired and replaced by a 6.3 Ocean Pro rib, named Canon Portal and equipped with a 200 hp outboard together with a multi wheeled Argocat Responder.