New contract unlocks several orders

MB92 La Ciotat announced today that they have signed a contract with La Ciotat Shipyards to extend their occupation of the large 200-metre dry dock for a further three years. The new agreement extends the duration of the exclusive right-of-use for the large dry dock to August 2022. According to Ben Mennem, CEO of MB92 La Ciotat: “We are delighted to be given the opportunity to continue its operations in the Dry Dock of La Ciotat. In the short term, this new contract unlocks several important orders, which we had to put on hold, and accelerates the development of our business locally. As a direct consequence, several new jobs should be created in La Ciotat in the coming years. La Ciotat is more than ever a priority for our group. Mennem added, “We foresee a marked increase in business in the 80-metre+ segment for which we have undertaken 45 projects over the past 2 years of which 15 were  in the dry dock. Our team have shown professionalism and dedication to our clients, thus ensuring such a good level of repeat custom.”

La Ciotat Shipyards decided to renew the agreement with MB92 La Ciotat because of the Group’s continued leadership in the large superyacht and megayacht refit sector and their long-term commitment to the site. In September last year, MB92 La Ciotat was awarded exclusive use of 23,000m2 on the future 4,000-tonne platform representing an investment of €45 million for MB92. Jean-Yves Saussol, director of La Ciotat Shipyards stated: “this is clearly a very good win-win deal, in line with the partnership spirit promoted by LCS towards the re-industrialization of our yard and the creation of a skilled workforce.