A major superyacht marina and refit facility in Australia, Gold Coast City Marina & Shipyard is changing hands. The family that helped establish it 30 years ago has sold it to a Sydney-based company. The company is MA Financial, a global alternative-asset manager specializing in private credit, real estate, and hospitality. It already owns more than a…
In time for the winter Caribbean season, a redeveloped resort now has a superyacht-minded marina, with more to come. Accessible only by yacht or helicopter, Biras Marina & Resort is the re-imagination of a property that has been in Virgin Gorda for more than 50 years. On a peninsula jutting into Virgin Gorda’s North Sound,…
With 20 of the 67 slips solely for superyachts and both retail and residential amenities to attract further interest, the Mantaray Marina has been piquing interest all during its construction. Now that this Australian facility is approaching its grand opening, the developers and marina manager are fielding more inquiries. The development sits along Australia’s famous…
Brisbane, Australia is hosting the summer 2032 Olympic Games. Less than an hour’s drive away is Sanctuary Cove Marina. Currently increasing demand for large-yacht accommodations has the marina team expecting Olympic demand, too. It’s in the midst of an expansion that will bring the total berths to 400 well in time. Construction starts this month…
The southwestern tip of Anguilla has been in development most of the year to create a new destination for superyacht owners and guests. Port Nimara is additionally set to become a vacation destination on land, thanks to a deal with Equinox Hotels. Coming to Anguilla for megayachts, the Port Nimara marina will have 118 slips….
Costa Rica is still relatively new to superyacht owners and guests, along with their crews. But, for those who are also fishing fanatics, the Latin American country has been a magnet for decades. In fact, Los Sueños Marina was the first government-approved marina, opening in 2001. Its popularity since then has led to Safe Harbor…
The IGY Ibiza Marina officially opened this week, with more slips for more of the largest yachts in the world. IGY Marinas, which acquired the property in the Balearic Islands in 2022, announced redevelopment plans last year. At the time, the basin welcomed yachts starting at 65 feet (20 meters), to a maximum of 360…
Yachting tourism has been increasing in Southeast Asia over the past several years. Indonesia has been a beneficiary, which is why the government is backing marina development. The groundbreaking ceremony for the country’s first full-service marina took place on May 22. By the end of the year, the Bali Benoa Marina, in Bali, will have…
The owners of a yacht repaired at Safe Harbor City Boatyard in South Carolina have filed a lawsuit against Safe Harbor Marinas and the shipyard. They claim the yard engaged in deceptive billing practices, overcharging through improper extra costs. Filed on June 6, the complaint is a class action lawsuit that so far has just…
The heart of Chicago finally has a new marina, capable of accommodating a range of yachts to 183-foot (55.8-meter) megayachts. Just in time for the summer, the Navy Pier Marina has officially opened alongside the renowned landmark bearing the same name. Dating to 1916, Navy Pier has seen military use during both world wars and…
