An inflatable fender system for protecting a watercraft from damaging contact with a permanent object, such as a dock, wharf, piling and rafted watercraft. Two elongated flexible substantially airtight tubular fenders are provided having a generally flat cross section when uninflated, rolled into a coil and stored at the stern of the watercraft. Each of the tubular fenders is independently extendable along a substantial portion of the length of the watercraft. A controlled air supply or AC or DC compressor on the watercraft is operably connected to each of the tubular fenders for independently selectively inflating and expanding the tubular fenders from the flat cross section during deployment. A hanger system, preferably including a plurality of hangers connectable in spaced relation between the watercraft and each of the tubular fenders support the tubular fenders during deployment to protect the side and gunnels of the watercraft.