All Marinas and Berthing articles
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NewsD-Marin to be acquired by private equity fund
A multimillion-euro deal of undisclosed value has been made by the Luxembourg-headquartered private equity business CVC Partners to buy the D-Marin arm of the Turkish Dogus Group. D-Marin, which is registered in the Netherlands, operates 15 marinas in five Mediterranean and Middle East countries. This transaction will be finalised upon ...
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MOU signed to initiate marina training in China
A Memorandum of Understanding (MOU) has been signed between the Marina Industries Association (MIA) in Australia and the Chinese Sports Industry Group (CSI) which will result in marina training and accreditation starting in China.
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US marina operator tests the waters for US$2bn sale
Insiders with knowledge of the matter tell Bloomberg News that American Infrastructure Funds (AIF) is exploring the sale of its Dallas, Texas-based Safe Harbor Marinas, expecting to fetch more than $US2bn for what is touted as the largest marina operator in North America.
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High water, freak storm wreak havoc for Lake Michigan marinas
Already high water and winds from a freak winter storm that caused waves as high as 23ft on Lake Michigan has closed roadways, damaged public and private docking and caused one municipality to dismantle its marina in order to save it.
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Chinese investors to fund building of 10 marinas in Crimea
Plans part of a wider push to develop boating tourism in region
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€30m+ upgrade planned for Gibraltar’s Marina Bay marina
Total remodelling of marina from traditional Mediterranean style
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US marina to be auctioned online
The Marina at American Wharf, located in Norwich Harbor in the US state of Connecticut, is being auctioned online this week by Norwich Community Development Corporation (NCDC) and Tranzon real estate auctioning firm.
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US port receives two management proposals for John Wayne Marina
Two private marina management companies have entered the fray over the embattled John Wayne Marina owned and operated by the Port of Port Angeles, Washington, but “It could be many months, or even years, before we identify what will be the right plan going forward for the marina,” according to ...
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ICOMIA World Marinas Conference sets course for 2020
Dubai-based P O Marinas has announced that plans are well in hand for the 2020 World Marinas Conference (WMC). IBI met with P O Marinas at the company’s new marina in Port Rashid to discuss plans for the event scheduled to take place from October 13-15, 2020.
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Marinas, insurers could help identify owners of storm damaged boats
Three months after Hurricane Dorian smashed its way through Grand Bahama and Abaco, the Association of Bahamas Marinas (ABM) is saying it and the insurance industry could help identify owners of derelict boats scattered across both islands.
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Welsh marina plans unveiled
Two existing Welsh marinas and a potential new one are all undergoing different projects with revitalisation planned for Pwllheli Hafan Marina, expansion at Milford Haven Marina, and a possible new marina project in Barry.
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Safe Harbor acquires US marina
An historic New Hampshire shipyard is the latest in a string of acquisitions by Safe Harbor Marinas, though the company remains tight-lipped about the purchase.
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City of Sequim proposes takeover of John Wayne Marina
In the continuing dilemma of what to do with the ageing, ailing John Wayne Marina, councilors from the City of Sequim, Washington voted unanimously to ask the Port of Port Angeles to transfer the marina to the city at no cost.
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Canadian city approves C$2m overrun for floating dock system
Faced with spending C$2m more than planned for a floating dock system or a 42% reduction in available boat slips, the city of Windsor, Ontario has opted to stick with the original plan of adding an additional 12 berths to its Lakeview Park Marina.
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Gold Anchor scheme enters US market
A new collaboration agreement signed between the Marina Industries Association of Australia (MIA) and the US west coast-based Marine Recreation Association (MRA) means that the internationally-recognised 5 Gold Anchors quality accreditation scheme has entered the US market. This transaction opens the door for the scheme to the world’s largest marina ...
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James Watt Dock Marina reports strong growth in SY visits
Growing number of superyacht visits year-on-year
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Management changes at Turkish marina operator
Setur Marinas, Turkey’s leading marina operator with a portfolio of 10 facilities across the country, has made three executive appointments.
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ACI reports drop in profits for first nine months
The Croatian state-owned marina operator ACI has reported a 14.6% drop in profits for the first nine months of 2019. The company, which operates a chain of 22 marinas, achieved a profit of Kuna 33.7m – a Kuna 5.7m or 14.6% weakening in profits for the period ended September 30, ...
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Maltese marina expansion project halted amid residents’ protests
The Authority for Transport in Malta has released a planning application indicating plans to expand the marina in Kalkara from 21,000sq m to as much as 35,000sq m. However, shortly after the plan was made public, local residents have forced the authorities to assure them that the marina will not ...
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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.
