Yacht and megayacht owners have long docked in Coconut Grove, Florida due to its proximity to downtown Miami. The Prime Marina Miami property there has changed hands, and changed names. In fact, it’s returning to its long-known name, Bayshore Landing. For the past several years, Prime Marina Group has held a lease for the site.Continue Reading
Rybovich Acquired by Safe Harbor Marinas
Privately owned for decades, the Rybovich marinas and service yards in Florida are now part of Safe Harbor Marinas. The company owns and operates the largest number of marinas worldwide. With facilities in West Palm Beach and Riviera Beach, Rybovich has obstruction-free deep-water access from the Atlantic Ocean. It’s capable of accommodating megayachts to 328Continue Reading
Gold Coast City Marina & Shipyard Lauded by Captains & Crew in Awards
Gold Coast City Marina & Shipyard is the largest refit and repair yard in the Southern Hemisphere. It’s one thing to be the biggest, though, and another to receive top-notch reviews. ACREW, which holds professional-development workshops for captains and crew, invited crewmembers to vote for the best superyacht businesses. Gold Coast City Marina & ShipyardContinue Reading
Hurricane Hole Superyacht Marina to Welcome Owners & Crews in Late 2021
Paradise Island in The Bahamas began welcoming megayachts many years ago. Currently, the marina is undergoing a major renovation. Bearing the new name Hurricane Hole Superyacht Marina, the slips and upland area are targeting cruising visitors as well as those seeking a second home. The marina (pictured below as it originally opened) is just stepsContinue Reading
Newport Shipyard Becomes U.S. Foreign Trade Zone, Benefitting Yacht Buyers & Sellers
Foreign-flagged yachts can now be bought and sold duty-free at Newport Shipyard. The Rhode Island-based marina has a new foreign-trade zone (FTZ) covering both in-water and on-land areas. It’s the first yacht-specific FTZ outside of the state of Florida. Briefly, an FTZ permits importing goods—in this case, foreign-registered megayachts—without requiring the owners to pay importContinue Reading
Miami Beach Marina Redevelopment Plans Receive Mixed Voter Reaction
While much attention last week focused on the Presidential election, Miami Beach voters considered three ballot questions about a local marina, too. They rejected some Miami Beach Marina redevelopment plans particularly related to air rights and acquiring more property. However, they also approved a further long-term lease for the site. A total of three ballotContinue Reading