The first edition of a new European marina valuation and investment seminar was recently held during the METSTRADE Show week as a joint initiative of the Global Marina Institute (GMI) and METSTRADE. Delegates from the UK, Italy, Netherlands, France, Montenegro and the Middle East took part to discuss key topics for marinas such as asset management and operational risks.

Hosted by John Hogan, chairman of GMI, the seminar presented delegates with a round-up of the latest developments impacting the worldwide marina sector. This was provided by Carol Fulford, editor of Marina World, the exclusive media partner for GMI.

The GMI was formed in 2011 as a partnership between British Marine and Australia’s Marina Industries Association to deliver global marina training and certification with the aim of maintaining and increasing standards in marinas across the world.

Sarah Dhanda, chief officer of membership and services at British Marine, commented: “I was delighted with how the day went, the strength of the presentations and the discussions held on the back of those and the great feedback we have received from delegates. Ian Froome’s (a partner at Vail Williams LLP in the UK) presentation on ‘Understanding where your profits are generated’ was particularly insightful and generated plenty of debate. I would like to thank everyone who took part.”

She added that plans are now underway to hold a Certified Marina Manager (CMM) and Professionals (CMP) marinas networking event next year on November 12, 2018. Further details will be available in due course.

Delegates also commented on the success and importance of the seminar. Robert Parton, managing director at Church Minshull Marina in the UK, said: “The marina investment seminar was an extremely interesting and thought-provoking day. I travelled home feeling much better informed about potential future trends and what customers, investors and other stakeholders are looking for. It was also reassuring that the same issues and customer trends are shared by the inland waterways of the UK and the warmer waters of the Australian coast.”

Alberto Sonino of Marina Vento di Venezia in Italy said: “I extremely appreciated the GMI’s marina investment seminar. The event came out at a particularly crucial moment, as the whole marina industry is questioning about development, upscaling and relaunching. The seminar gave us the opportunity of sharing a methodology not only for the evaluation of the investment in marinas, but also to link the assets value to the management strategies. Both speakers and participants were representing the top of the actual marina industry, confirming the aim of collaboration between stakeholders for sustainable growth.”

GMI has a series of courses running in the coming year, including:

  • 10-13 December 2017 – Intermediate Marina Management, Dubai, UAE
  • 20-23 February 2018 – Intermediate Marina Management, Southampton, UK
  • July 2018 – Intermediate Marina Management, Perth, Western Australia
  • 5-9 August 2018 – Intermediate Marina Management, Gold Coast, Australia
  • 9-14 September 2018 – Advanced Marina Management, Sydney, Australia
  • 8-11 October 2018 – Intermediate Marina Management, Venice, Italy
  • 28 Oct to 2 Nov 2018 – Advanced Marina Management, Athens, Greece