All Marinas articles – Page 44
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News
€300m Ayia Napa marina due for completion ahead of summer Med season
The latest Cypriot marina development, the €300m Ayia Napa marina, is close to completion and will be ready in time for the Mediterranean summer season, although with the coronavirus pandemic it is not sure how that season might be impacted upon.
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New marina bolsters Maldives’ superyacht facilities and location appeal
The recent Phase One opening of the new Crossroads Maldives luxury destination includes a new marina able to berth some 30 superyachts of up to 50m (164ft) as well as several small yachts.
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Walcon completes UK marina redevelopment
Walcon Marine, the UK-based marina builder, has completed a comprehensive reconfiguration of the mooring facilities at Lymington Town Quay in Hampshire.
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Southern Marinas acquires three new Florida locations
Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced today the purchase of Hi-Lift Marina in Aventura; Hidden Harbour in Pompano Beach; and Palm Harbour in Cape Haze. These premier Florida locations were acquired from Aqua Marine Partners, LLC in a deal ...
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SF Marina continues global expansion
SF Marina, the Swedish manufacturer of floating concrete breakwaters, docks and waterfront structures, has started operations at its new manufacturing facilities in Malaysia and Thailand. This is in addition to expanding its production sites in Sweden, the US and New Zealand.
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Refurbished Hong Kong marina to reopen later this year
Hong Kong Resort Company Ltd has delivered an update to say that the refurbishment of Lantau Yacht Club (LYC) Marina is well underway. Phase 1 of the works, which covers about half of the marina area and the marina office, is progressing as planned and is targeted to open in ...
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CVC purchase of D-Marin facilities clears Croatian anti-trust agency
AZTN, the Croatian anti-trust agency, has approved the planned acquisition of three marinas in the country which are part of the planned takeover of 10 D-Marin owned and managed marinas by the Luxembourg-headquartered private equity group, CVC Capital Partners. The other seven marinas include four in the UAE and three ...
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Southern Marinas expands footprint in Florida market
Fish-Tale Marina in Fort Myers Beach, Florida, is the latest acquisition of North Palm Beach, Florida-based Southern Marinas, which closed on the property February 20.
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Great Lakes marinas face new flood threat
Marinas and shoreline municipalities still rebuilding after catastrophic 2019 floods face further damage as already high water levels projected to rise with spring runoff
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Boating community sinks Virginia boat tax
Efforts by the Prince William County, Virginia Board of Supervisors to reinstate a 20-year-old boat tax were dead in the water when more than 100 boat owners and business people voiced opposition at a public hearing Tuesday night.
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Three-year hurricane remediation ends for historic US marina
Three years after Hurricane Matthew slammed directly into historic Amelia Island in Northeast Florida, Westrec Marinas and the City of Fernandina Beach have announced the reopening of Fernandina Harbor Marina, which was devastated by the brutal storm.
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Dean & Reddyhoff rebranded Boatfolk Marinas Group
Following the takeover last year of Quay Marinas (QM) by the Dean & Reddyhoff Group (D&R), the combined entity is to be rebranded Boatfolk Marinas Group Ltd. IBI understands that the rebranding is to be officially announced on April 1, 2020, according to a spokesperson for D&R.
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Larnaca Marina gets go-ahead after prolonged negotiations
A Cypriot-Israeli consortium, Kition Ocean Holdings, has gained approval from the Cyprus government which, after prolonged negotiations over some two years, managed to reach an agreement over the redevelopment of Larnaca port and marina. A total of €1.2bn is planned to be invested in upgrades, making it the largest infrastructure ...
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DP World to be taken private after Nasdaq Dubai delisting
DP World, parent company of DP World Marinas, P&O Marinas, Dubai Maritime City and Al Jaddaf, is to be taken private after delisting from the Nasdaq Dubai stock exchange. This is effectively a deal within the Dubai state-owned corporate holdings as Port & Free Zone World, the parent of DP ...
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Jonathan Timianko | PierShare
Market Disrupter: US start-up PierShare is bringing the Airbnb concept to boat docks. An empty dock at the end of his parent’s new Floridian home got city worker Jonathan Timianko thinking there had to be a smart way of making the asset pay for dock owner and boater alike…
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Ukrainian government backs building of largest marina in the country
Ukranian President Vladimir Zelensky has supported the implementation of one of the most ambitious projects in the history of Ukraine’s leisure marine sector – the building of a new yachting complex and marina in Yuzhne, a port city on the Ukranian Black Sea coast.
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Israeli berthing system provider links with TransEurope Marinas
Pick a Pier to provide technological solutions to facilitate TransEurope’s sizeable membership service
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Global tender for new Mumbai marina to launch this month
The Mumbai Port Trust (MPT) will shortly announce a global tender for the construction of a new 300-berth marina proposed for Princes Dock in the port of Mumbai. According to a report in the Free Press Journal, the value of the project is estimated at Rs 360 crore (US$50m).
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OCIBAR acquires Spanish superyacht marina
OCIBAR, the Spanish marina management company, has significantly expanded its operation with the acquisition for an undisclosed sum of the Port Tarraco superyacht marina in Tarragona. The purchase was made from the Qatari Diar Fund, which is linked to Qatar’s sovereign wealth fund.
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Marinas and yachting contribute 1.41% to Greek GDP
Further marina privatisations anticipated to add another 1%