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2017 January February Marina World

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The magazine for the marina industry


World Class Design, Manufacture & Installation Services Maricer (CPES Ltd) Vale Industrial Estate, Spilsby, Lincolnshire PE23 5HE United Kingdom T +44 (0) 1790 753164 F +44 (0) 1790 752559

GLOBAL REVIEW 2016 London’s iconic St Katharine Docks marina as seen in 2016. A new pontoon system was installed at year end (see World News). a busy year for acquisitions. Early in the year, it joined forces with Valiant Holdings LLC to improve the Ocean Marine Yacht Center in Portsmouth, Virginia. Suntex purchased the property and will operate the newly-named Ocean Yacht Marina. It has 112 wet slips, a drystack for 275 boats and can cater for megayachts. Later in the year, Suntex acquired Kentucky Dam Marina and Crosstimbers Marina, boosting its portfolio of owned or managed marinas to 31 properties. And, before the year was out, it had purchased 209-berth Wolf Creek Marina on Lake Cumberland, Kentucky, bringing the total to 32. In the Caribbean, Crane Materials International progressed a new marina at Golfito Marina Village & Resort in Costa Rica and, in Bermuda, development started on Caroline Bay Marina in the Caroline Bay resort development at Morgan’s Point. The marina is set to be the hub of a new luxury residential community designed by SB Architects, featuring space for 23 visiting megayachts. The resort is poised to play its part in rebranding Bermuda as a luxury destination and will offer essential mooring during the America’s Cup. Rampant growth in the Middle East As in previous years, growth in the Middle East seemed unstoppable. In Dubai, work began on converting Port Rashid from a commercial port to a sea-orientated lifestyle destination. The proposed master plan includes leisure facilities, cultural venues, hotel and villas. Its specific focus, however, is on the superyacht sector, aiming to set a new benchmark for Dubai and potentially for the entire Middle East. The new marina, placed within a vibrant waterfront development, will include a club house and sailing club, a sports centre, an exclusive club for superyacht owners, captain and crew recreational facilities and accommodation, drystack storage and a maintenance facility. Later in the year, it was announced that the Dubai Water Canal project was soon to complete and plans for Marasi Business Bay were unveiled. These include five marinas, lined with palm-trees, to be built along the canal waterfront. Touted as Dubai’s “major future landmark”, it is expected to be the region’s first ever purpose-built yachting destination. The construction and opening of the promenade – the largest in the United Arab Emirates (UAE) – was expected to open by the end of the year. In the UAE, Rak Properties PJSC signed an agreement with marina management company ART Marine Marinas to operate the newly constructed Lagoon Marina, which is located at the heart of Mina Al Arab – an eco-themed coastal waterfront community. The initial phase accommodates 56 berths for all types of boats up to 30m (98ft) in length and complements the dynamic neighbourhood of Lagoon Walk, a 1.2km (0.7mi) waterfront promenade lined with restaurants and cafés that enjoys unobstructed sea views and stunning sunsets. Meanwhile, Marina 1, which is home to the first of four marinas and part of the Al Zorah project, was expected to open by the end of the year, featuring 47 berths for yachts up to 24m (79ft). Elsewhere in the UAE, work began on a 110-berth marina at Hidd Al Saadiyat (Happiness Island) in Abu Dhabi. With completion scheduled for April this year, it includes plans for 461 modern villas and a world-class yacht club accessible to marina visitors. Plans to rejuvenate Royal Geelong Yacht Club in Victoria, Australia will add 120 berths. - January/February 2017 25

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