All Marinas articles – Page 49
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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%
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Kiriacoulis Mediterranean buys Greek marina
Majority shareholder acquires remaining 40% stake in Kalamata Marina
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Sri Lankan port development to include new Yacht Marina Zone
The Sri Lankan port of Galle, a leading yacht destination in the island nation, is to be expanded into a tourist port which will see its current yacht facilities upgraded with a new Yacht Marina Zone.
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Dubai’s Mina Rashid Marina to host IWMC 2020
Dubai-based P&O Marinas, a sustaining member of the International Council of Marine Industry Associations (ICOMIA), has announced that Mina Rashid will be the venue for the 2020 ICOMIA World Marina Conference. The event will be held from October 13-15.
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Dogus sells 50% stake in Greek superyacht marina
The 50% stake in the Athens superyacht facility, Flisvos Marina, owned by Turkey’s Dogus Group has reportedly been sold to Lamda, owner of the remaining 50% share. According to Greek newspaper Kathimerini, the sale was achieved through an agreement that Lamda had with Dogus, giving the former a first refusal ...
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Serbian group to invest in new Italian marina
Serbia’s MK Group has announced plans to invest some €110m (US$121m) to boost its presence in the Adriatic Sea, including a project to build a new marina in Italy’s Trieste.
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Safe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...