A deployable and inflatable/deflatable fendering apparatus capable of providing protection for watercrafts and docks. The apparatus has an inflatable cylindrical body, an outer collar body, and a water reservoir with an inflating and deflating means. The collar body circumferentially surrounds the cylindrical body, and is made of abrasion resistant materials and protects the cylindrical body from punctures, tearing and abuse. The collar body may be inflatable or filled with foam-like material. The reservoir comprises a one-way valve, a series of ballasts and is attached to the cylindrical body and is expandable to provide stabilization of the fendering apparatus. The fendering apparatus can be deflated for storage.