The object of the invention is a method and an apparatus in an electric propulsion arrangement of a sailing vessel, wherein the sailing vessel has a traction device provided with an electric motor and with a propeller mechanism, the electric motor of traction device is arranged to be used, if necessary, in forward drive and reverse drive as well as during sailing as a generator for charging the accumulators of the sailing vessel. The propeller mechanism comprises a propeller hub with blades, a hollow propeller shaft fixed at its first end to the propeller hub, a shaft controlling the pitch angles of the propeller blades, said control shaft rotating inside the propeller shaft, and a servomotor rotating the control shaft. The servomotor is fixed to the second end of the propeller shaft to be rotatable along with the propeller shaft.