All Marinas articles – Page 51
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Weatherford Capital makes third multimillion-dollar investment in Safe Harbor
Safe Harbor Marinas has received a US$41m infusion of cash from Weatherford Capital, the third multimillion-dollar investment from the Tampa, Florida-based private equity firm since 2017.
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Safe Harbor adds 90th marina
Safe Harbor Marinas’ acquisition streak hasn’t seemed to slow any, as the Dallas, Texas-based marina network operator added a second property in as many months to its portfolio.
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Jersey plans £3.5m upgrade for St Helier marinas
Two major refurbishment projects valued in the region of £3.5m have been announced by the UK’s Ports of Jersey in respect of marina facilities in St Helier. The work will be carried out over the next two winter seasons so that disruption to yacht movement is minimal.
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F3 Marina breaks ground on “giant boat vending machine”
Two-years in the making and just a few months behind its original aggressive schedule, F3 Marina has broken ground on what will be the second fully-automated dry stack marina in the US.
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New SY berths for Singapore yacht club
As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths
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New marina planned for German island
With plans to overhaul the marine infrastructure of Germany’s Heligoland island in the North Sea, local authorities are planning to build a new marina with more berthing capacity than the existing marina which currently accommodates around 120 boats.
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Greek government to convert small harbours into marinas
The Ministry of Tourism in Greece and Minister Harry Theoharis recently decided to investigate a plan to develop the country’s peripheral marinas, especially those on some of the smaller islands.
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Marseille eyes new marina for 2024 Olympics
The municipal authorities of Marseille are deliberating on a project worth around €25m (US$27.5m) to build a new marina for the Olympic Games that are scheduled to take place in France in five years.
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Tender call for Greek marina concession
Greece’s Hellenic Republic Asset Development Fund (HRADF) today invited invitations from interested parties for a concession of at least 35 years at Itea Marina through an advertisement in The Financial Times. It is the latest move in the country’s privatisation plan for a number of marinas and tourist ports.
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Pacsoft International sold
Jonas Software has acquired marina management software specialists Pacsoft International for an undisclosed sum.
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Brazilian group opens marina number eight
BR Marinas Group, the largest business group within its segment in Brazil, is to open a new marina in the historic city of Paraty, a UNESCO World Heritage site located in Rio de Janeiro state. The investment is said to be worth some US$2.3m.
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French marina operator buys Dutch marinas
French marina operator Port Adhoc has signed a contract to acquire three marinas in the Netherlands from local group Thuishavens.
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Bahamas marinas ‘closing ranks’ following Hurricane Dorian
Following the destruction of five marinas in the path of Hurricane Dorian that slammed the Bahamas in August, the Association of Bahamas Marinas (ABM) is “closing ranks” in an effort to hasten recovery, according to ABM executive director Basil Smith.
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US$3.1m grant helps pay for Palm Beach marina facelift
Palm Beach, Florida received some relief in its US$33.6m Town Marina reconstruction project in the form of a US$3.1m State grant from the Florida Inland Navigation District.
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Hawaii harbour fee increase doubles some rents
Faced with nearly US$310m of maintenance and capital improvement costs at some 16 small boat harbours around the state, the Hawaii Department of Land and Natural Resources Division of Boating and Ocean Recreation (DLNR) is imposing fee hikes on November 1 that could, in some instances, double a boater’s mooring ...
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First Queensland marina awarded Platinum accreditation
Australia’s Coral Sea Marina Resort, formerly known as Abell Point Marina, is Queensland’s first facility to achieve Platinum accreditation. This accreditation, the highest possible, is awarded under the global Gold Anchors Award scheme managed by the Marina Industries Association (MIA), based in Australia, and TYHA (The Yacht Harbour Association) in ...
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Welsh marina group secures funding
The Cardiff, Wales-headquartered marina and boating services group, Marine & Property Group (MPG), has secured funding of £10.4m from the innovative financial services business, ThinCats. The new funding will be used to consolidate some existing loans and support further expansion including acquisitions and enhanced diversification in current activities such as ...
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Safe Harbor Marinas acquires Newport Shipyard
Newport Shipyard in Newport, Rhode Island, has been purchased by Safe Harbor Marinas, becoming the 85th property for the Dallas, Texas-based owner operator, which has facilities in 19 states.
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Porto Montenegro to invest €500m on future development
Porto Montenegro, the Mediterranean’s leading luxury yacht homeport and marina village, is to invest over €500m in further development and new projects on site over the next 10 years. The news was unveiled at a private event at the Monaco Yacht Show last month.
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New Swedish marina to open next year
A new marina is set to open in Skärhamn, on Sweden’s Baltic coast, prior to next year’s boating season.