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July August 2015 Marina World

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No Substitute For Excellence THE WORLD’S MOST COMPREHENSIVE MARINA BUILDER C: 0 M: 0 Y: 0 K: 70 Pantone 295 CVC C: 0 M: 0 Y: 0 K: 100 Pantone DS 214-2 C bellingham-marine.com

WORLD NEWS Wellcome Trust buys Premier Marinas UK: The BlackRock UK Property Fund has sold one of the UK’s leading marina groups, Premier Marinas Ltd (PML), to the Wellcome Trust for an undisclosed sum. The decision to sell to Wellcome was made following an extensive marketing campaign and the acquisition was completed in five business days. Paul Tebbit, BlackRock director, said: “PML has generated strong returns for BlackRock over the last decade during which time we have expanded the business significantly. We are very pleased to have sold PML to the Wellcome Trust and are confident that the business will continue to thrive under their stewardship.” Peter Pereira Gray, managing director of the Wellcome Trust’s Investment Division, added: “We will take a long Planning Isla Grande PUERTO RICO: The Puerto Rico Ports Authority (PRPA) is processing responses to an RFP (Request for Proposal) for the leasing, design, construction, operation and financing of the rehabilitation, improvement and operation of the Isla Grande Dry Dock in the city of San Juan. The project also includes design, construction, financing and development of a superyacht marina complex. Ingrid C. Colberg-Rodriguez, executive director of the PRPA, said: “Puerto Rico is going to be the premier destination in the Caribbean for maintenance, repair and overhaul services of luxury vessels, while further fostering the growth of the service and tourism industries on the island.” Secretary of the Puerto Rico Department of Economic Development and Commerce, Alberto Baco-Bague, added: “Our fiscal advantages, diversified economy, physical infrastructure, human capital and privileged location in the Atlantic Ocean and Caribbean Sea, make Puerto Rico an ideal spot for a first-class marina and a facility for maintenance, repair and overhaul of leisure vessels and superyachts.” term approach to the ownership of the business and look forward to the continued success and growth of PML.” PML’s existing operations encompass over 5,000 wet and dry berths and 300,000 square feet of rental property. It owns and operates eight south coast facilities including Brighton Marina, Chichester Marina, Port Solent (Portsmouth) and Sovereign Harbour (Eastbourne). Saint-Tropez commissions moorings study FRANCE: Paris-based marina consultancy, MDL France, has been appointed to undertake a new design study on behalf of the Communauté du Golf de Saint-Tropez. The design study is part of a project to install moorings close to the Plage de Pampelonne near Saint-Tropez, a world famous destination for luxury superyachts. The project intends to reduce the impact of visiting vessels on local marine wildlife by encouraging superyachts to make use of new moorings rather than laying anchor off the beach. MDL France will provide comprehensive project management for the study, utilising the team’s many years of expertise. It will be supported by three partners – Fugro, Innosea and Jifmar – who will provide specialist assistance with the study, which includes layout design, meteorological and wave studies, a geotechnical study and environmental input. Francois Ricaud, president of MDL France, said the team was very pleased to have been selected. “Saint-Tropez is known throughout the world for its status as a luxury destination and Plage de Pampelonne is a real jewel in its crown. It’s a high profile development,” he stressed. EXPERIENCE INTEGRITY PASSION VISION LEADERSHIP C: 0 M: 0 Y: 0 K: 70 Pantone 295 CVC C: 0 M: 0 Y: 0 K: 100 Pantone DS 214-2 C www.marinaworld.com - July/August 2015

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