The Peake dock is a temporary spot for most folks and perhaps the least desirable of the several docks in Chagarams. We ended up here because all of the other docks were full. This dock is out in the bay a bit more and gets more swell and a lot more wake from the power boats coming and going. Crew's Inn would be my first choice if reserving a spot in Chagaramas.
The Peake dock is very reasonably priced though and offers free water and power.