Dubai’s DP World Unit, IGY Marinas to Build Superyacht Marina Project

Dubai’s DP World Unit, IGY Marinas to Build Superyacht Marina Project

Dubai’s DP World Unit, IGY Marinas to Build Superyacht Marina Project

The project in France will offer 12 Superyacht berths for the world’s largest vessels

Dubai port operator DP World’s subsidiary P&O Marinas and international marina operator and developer IGY Marinas have announced a new Superyacht marina project in the South of France.

The project will be located in Sète, near Montpellier, Côte d’Azur, and the Balearic Islands. It is an official port of entry, fully ISPS compliant and offers access to restaurants and shops.

Once open, the project will offer 12 Superyacht berths for the world’s largest vessels of up to 328ft with a maximum draft of 23ft.

Other features include electrical facilities, fuel service arrangements, in-slip grey and black water pump-out, security, and wifi, a statement said.

Guests will have access to watersports and recreational activities such as paddle boarding, kayaking, mountain walking and biking.

They will also have access to the IGY Anchor Club Strategic Partners, which offers services such as provisioning, crew training, insurance, emergency health services, maritime travel and satellite communications.

Construction on the project is slated to start at the end of this year.

Under the agreement, IGY will provide a global network of commercial and tourist services while P&O Marinas will provide the technical and crew support.

Sultan Ahmed Bin Sulayem, group Chairman and CEO of DP World, confirmed that the project will provide quality services for owners and operators of Superyachts, creating a “lifestyle destination for yachting enthusiasts, residents and tourists”.

Tom Mukamal, CEO of IGY Marinas, added: “We have been actively pursuing numerous marina opportunities in the Mediterranean as part of our strategic plan to enhance our global network of berthing options for the superyacht market.

“As the world’s largest Superyacht market, Europe already hosts many of our customers and we are excited to begin our 1st Phase of this expansion in the South of France.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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