NOTICEBOARD

More berths for Sanctuary Cove Marina

Due to the increasing demand for premium berthing facilities to cater for 15-25 metre recreational vessels, Mulpha Sanctuary Cove Marina will expand its berthing capacity within the well-protected Northern marina basin. Once approved, the Sanctuary Cove Marina will add an additional 66 berths, thus increasing the capacity from the existing 230 berths, which cater to vessels up to 35 metres. Fabricated in a floating concrete construction, the new berths will accommodate vessels from 18 metres to 50 metres and provide yacht owners with the unique benefit of covered roof protection, the first of its kind in the Southern Hemisphere.

Italian job by Walcon

A project undertaken by Walcon Marine this year took place on the famous Lake Maggiore in Northern Italy. A private marina, Nautica Ferrari e Tabacchini is located in Sesto Calende (Varese), on the lake’s Southern banks not far from Milan. A small but historic marina, it is fully equipped with Walcon pontoons and Sara Lanzoni and her team delivered an additional System 21 unit measuring 11.5 x 2 metres. The pontoon module was manufactured at Walcon’s UK factory while the GRP service bollards were reconditioned Sistema Walcon units sourced in Italy.

IGY Marinas to be acquired by MarineMax

MarineMax Inc, the world’s largest recreational boat and yacht retailer, has announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (IGY Marinas), which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations. MarineMax will purchase IGY Marinas for $480 million in cash, with an additional potential earn-out of up to $100 million two years after closing, subject to the achievement of defined performance metrics. Subject to the satisfaction of customary closing conditions, MarineMax expects the acquisition to close in the first half of fiscal 2023 and to be accretive within the first 12 months of closing. IGY Marinas will maintain its luxury branding, with CEO Tom Mukamal and the existing management team continuing to lead the growth and operations of the business.

Creating berthing people want to come home to

“Not only do Inland and Coastal Marina Systems produce durable pontoon systems, the team works with what currently exists, making more efficient use of time, resources and budget.”

Christopher Odling-Smee, MD, The Marine Group