All Marinas articles – Page 47
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News
Australian marinas experience A$48m revenue drop in March-May period
New research by Australia’s Marina Industries Association (MIA) shows that the country’s marinas suffered a revenue drop of some A$48m over the three-month period March-May 2020. Additionally, the research highlights that marinas in Queensland and Victoria were the hardest hit and that club marinas were the most negatively impacted, followed ...
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Six US marinas change ownership in two acquisitions
Safe Harbor buys five; Southern Marinas one
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New marina at Hong Kong’s Lantau Yacht Club nears completion
Phase I of the refurbishment of Lantau Yacht Club (LYC) Marina is scheduled for completion this month, making it the first new marina to open in Hong Kong in more than a decade. The entire marina is expected to be fully operational by the fourth quarter of 2020.
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Work starts on new €120m eco-tourism project on Corfu
The Kassiopi project will include a 60-berth marina
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Insolvent Italian shipyard and marina up for sale
The facilities at Sant‘Andrea have an initial asking price of €3.43m
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News
New 50-berth marina planned for Andaman Islands
Plans are underway to develop a new 50-berth marina at Port Blair, the capital of the Andaman and Nicobar Islands in the Bay of Bengal.
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Poralu Marine opens Mexican sales office
French marina developer Poralu Marine has strengthened its worldwide presence with a new sales office in Mexico. Located in Cancun, the new office is designed to “meet the growing needs of a continent with strong development potential,” says the company in a statement.
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Cyprus on track to significantly increase marina capacity over next few years
Four projects at different stages of development
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Sterling Global Financial gets preliminary go-ahead for US$350m Bahamas project
Montage Cay and Marina will create nearly 3,000 jobs during the life of the project
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Feature
The current state of play at the top of the market
New superyacht orders continue but the industry waits to count the true cost of Covid-19. David Robinson provides an 18-page round-up on the key sectors of the business, including order estimates for the first 5 months of 2020.
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News
Plans for new A$75m Queensland marina revived
Plans to build a new marina at Palm Cove, some 20km north of Cairns in Queensland, Australia, are being revived after a previous potential developer went bust in 2017.
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News
Irish pontoon supplier wins Welsh marina contract
Inland and Coastal Marina Systems (ICMS), the Irish pontoon supplier, has been chosen by The Marine and Property Group Ltd to modernise its Port Dinorwic Marina in north Wales.
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News
GCCM presses on with A$100m expansion programme
Australia’s Cold Coast City Marina & Shipyard (GCCM) is moving forward with the A$100m expansion programme first announced in 2018, which will result in a doubling of its site and a significant increase of operating capacity both across the marina itself and the 80-plus strong cluster of service providers onsite.
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Chinese marina project enters second phase of development
The development of the new Chongwu Yacht Marina in China’s Fujian province has moved forward into a second phase which will include the construction of the new facility.
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Third attempt to sell Slovenian marina; price reduced - offers by July 16
A third attempt is being made to sell the bankrupt 700-berth Marina Izola in Slovenia. The starting bid price this time is €2,990,000, which is significantly lower than the €5.96m asked on the second attempt. According to an advertisement published in the Financial Times newspaper, the insolvency administrator for this ...
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News
Canadian marina to reopen following 2019 hurricane damage
Practically destroyed nine months ago after Hurricane Dorian slammed into Canada’s east coast, Shediac Bay Marina in the province of New Brunswick is set to officially reopen later this month following a multimillion-dollar reconstruction.
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News
Poralu Marine wins its first marina project in NZ
Poralu Marine has been awarded its first-ever project in New Zealand. The French marina developer will remodel and redevelop the floating marina of the Tauranga Marina Society, which is located at the north end of Sulphur Point in Tauranga Harbour, Bay of Plenty.
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News
P&O Marinas, Pindar in strategic partnership
P&O Marinas in Dubai has signed a strategic collaboration agreement with Pindar Yacht Management FZE (PYM) for the development of a watersports academy, a recreational club, an exhibition space, and a range of associated marine leisure services and facilities.
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News
New proposal for eco-labelling of recreational marinas
The IVL Swedish Environmental Research Institute has investigated how an eco-labelling system can be used to reduce the environmental impact of recreational marinas. In a report, a new proposal is presented on what eco-labelling might look like, taking into account both the scope and harmfulness of various activities. “This is ...