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WORLD NEWS GCM buys Villa Marina PUERTO RICO: Grand Caribbean Marinas (GCM) of the Baccalia Group has purchased Villa Marina, located about 40 minutes from the capital of Puerto Rico, and renamed it Renaissance Villa Marina. Baccalia Group president and founder, the Italian businessman Giuseppe Cicatelli, believes the acquisition to be of great importance to the company. “We have been operating for several years with the group in Puerto Rico and we have always believed that it would be natural to continue within our strategy expansion as a regional consolidator,” he said. “As a result of acquiring and consolidating new assets at the state level, we have achieved importance at the US federal level in an industry that we consider very promising, which is the nautical industry.” Villa Marina has the only covered drystack on the island. This will be Redeveloping Pelican Harbor USA: Palm Bay City Council, Brevard County, Florida has voted to accept the recommendation of The Bayfront Community Redevelopment Agency to execute a purchase contract with Space Coast Marinas LLC for the sale of Pelican Harbor Marina, reports SpaceCoastDaily.com According to the newsfeed, Space restaurant and retail. Coast Marinas submitted an offer of .9 The buyer also intends to renovate million to buy the marina and redevelop the existing slip system and is looking it as a drystack and service facility with to invest at least -12 million overall boat club, outdoor entertainment venue, on the site. IBEX turns 30 USA: Preparations are now underway for the 30 th anniversary of the International Boatbuilders’ Exhibition and Conference (IBEX), to be held 28 th -30 th September 2021 in the Tampa Convention Center, Tampa, Florida. The Marina & Yard Pavilion will, once again, be a central focus. “The IBEX team and over 550 exhibitors are excited to return to an inperson event this year to celebrate 30 years of IBEX,” said show director Anne Dunbar. “We have learned so much over this past year about how important live events are for the industry to conduct its business.” “We have been working with the City of Tampa and the convention centre staff to provide a safe environment for all exhibitors and visitors. We completely remodelled along with other significant improvements. Jorge Rodriguez, CFO of Grand Caribbean Marinas, added: “The acquisition of Villa Marina is very representative of our expansion strategy. It is one of the best marinas in Puerto Rico and the Caribbean and we have incorporated an investment plan to improve it substantially.” The strong commitment of Grand Caribbean Marinas, which plans to invest from -100 million in the next five years, seeks to diversify the offering in Puerto Rico by implementing a series of experiences that enrich the tourism and recreational development of the Caribbean state. look forward to seeing everyone in September,” she added. IBEX 2021 will offer visitors access to hundreds of exhibitors spread throughout three exhibit halls and outdoor displays, as well as demos on the IBEX docks. IBEX will also offer unparalleled training and education from industry experts and associations, networking events and exciting new inshow experiences for all to enjoy. Further information: www.ibexshow.com THE THE #1 #1 MARINA THE #1 BUILDER. MARINA BUILDER. EXPERT EXPERT DOCK DOCK BUILDER BUILDER AND AND MARINE MARINE CONTRACTOR CONTRACTOR bellingham-marine.com bellingham-marine.com www.marinaworld.com – July/August 2021 800-733-5679 800-733-5679 7