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2016 Jan Feb Marina World

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The most important marina construction decision lays beneath the surface SEAFLEX CAN HANDLE PRACTICALLY ANY TIDE, ANY WAVE, ANY DEPTH, ANY BOTTOM TYPE & HURRICANE STRENGTH FORCES. Make a mooring decision worthy of your entire marina investment You spend a lot of time researching options for your marina build or upgrade. Since the anchoring is what is going to hold your marina investment in place it is arguably the most crucial components you will decide on. Seaflex is an elastic mooring solution that expands and retracts with each tide and wave, taking on and dampening the forces year after year. It does this while being invisible from the surface, creating some of the most modern, sleek, state of the art marinas of the world. With 45 years of research and development Seaflex is the most technologically advanced mooring option in the world, anchoring thousands of marinas, wave attenuators and buoys worldwide. Research your options, give your marina the mooring solution it deserves! SINCE 1970 | INTERNATIONAL +46 90 160650 | US & CANADA +1 (310) 548 9100 | MW@SEAFLEX.NET MW2016JanFeb.indd 8 05/01/2016 09:31:51

WORLD NEWS Suntex invests in Portsmouth marina USA: Suntex Marinas and Valiant Holdings LLC have joined forces to improve Ocean Marine Yacht Center in Portsmouth, Virginia. Suntex Marina Investors LLC acquired the facility from Ocean Marine LLC, a wholly owned subsidiary of Valiant Holdings, in early November last year. Under the terms of the transaction, Suntex Marinas has purchased all of the property, will enhance services and amenities, and will operate the newly named Ocean Yacht Marina. Jim Bento, principal of Valiant Holdings, will continue to operate Ocean Marine Yacht Center via leaseback of the megayacht repair facilities. The combined branding, marketing and operational proficiencies of both companies are expected to increase employment. According to Suntex founder and CEO, Johnny Powers, the acquisition is part of a longer term expansion plan. “It is our vision to be the best steward of the marina experience globally with early emphasis on the US market. By acquiring Ocean Marine and collaborating with Jim Bento, we are confident that we are enabling the best possible marina experience for boaters, employees and communities alike,” he said. Ocean Yacht Marina has 112 wet slips, a drystack for 275 boats and can cater for megayachts. It is located close to two other Suntex properties, Tidewater Yacht Marina and York River Yacht Haven, which are also up for renovation and expansion. “Suntex Marinas is a natural partner for Ocean Marine Yacht Center,” Jim Bento confirmed. “Now with three Suntex facilities in close proximity and eight along the East Coast, we can realise economies of scale, maximising efficiencies, reducing costs and passing services and savings on to customers.” Forest City appoints contractors for The Yards USA: Forest City Washington has contracted Bellingham Marine and Moffatt & Nichol to design and build The Yards Marina on Washington DC’s riverfront. The facility is an integral part of The Yards neighbourhood, which features a blend of retail, dining, residential and office spaces within walking distance of Capitol Hill. Scheduled to open this spring, the marina will support a wide variety of user groups and includes: 50 slips ranging from 40 to 125ft (12 to 38m) with utility hook-ups; a water taxi dock; a paddler dock for kayaks and paddle boards; and an educational dock for boating classes etc. Half of the marina’s slips will be reserved for short-term stays of less than ten days. Excavation of the upland property commenced in October last year while production of the dock components was under way at Bellingham’s factory in York, PA. Bellingham started to install docks in December. Improving public access to the water and promoting water-based recreation are key aims for the project. “The development of the marina will put The Yards more in touch with one of its best assets – the river,” said Forest City Washington president, Deborah Ratner Salzberg. “We’re eagerly looking forward to adding the boating community to the wonderful mix of residents, tenants and visitors at The Yards.” An operator for The Yards Marina has not, as yet, been announced. - January/February 2016 9 MW2016JanFeb.indd 9 05/01/2016 09:31:53

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