Marina operator and developer IGY Marinas and P&O Marinas, a subsidiary of Dubai based shipping giant DP World, have announced a co operation to build and operate a superyacht marina in Sète, France.
With construction planned to start at the end of the year the new complex will offer 12 dedicated superyacht berths for the world’s largest vessels of up to 100 metres with a maximum draught of 7 metres.
Other features include electrical facilities; fuel service arrangements; in-slip grey and black water pump-out; high level security; and Wi-Fi.
The site of the marina will be in the heart of Sète, which is known as the “Little Venice” of France and is conveniently located near Montpellier, the Côte d’Azur, and the Balearic Islands.
It is an official Port of Entry, fully ISPS compliant and has easy access to quality restaurants and shops. Guests will also be able to enjoy water sports and recreational activities such as paddle boarding, kayaking, mountain walking and biking.
DP World is global trade enabler with a portfolio of 78 operating marine and inland terminals in 40 countries across six continents. It employs over 36,000 personnel from 103 countries
As a subsidiary of the group P&O Marinas develops world class marinas in response to increased market demand for moorings and storage for yachts. Its flagship marina development project at Mina Rashid in Dubai, UAE will showcase the strengths of our projects, which can offer multiple facilities including private and hotel accommodation, cruise terminals, shopping centres, sailing and sports clubs to the benefit of communities and economies globally.
Tom Mukamal, CEO of IGY Marinas, said: “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.”
Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said: “P&O Marinas can tap into decades of experience in our sector adding value drawn from our expertise across six continents. By partnering with IGY Marinas we will also be able to combine the skills of both companies to ensure this project features the very best services for owners and operators of superyachts, creating a lifestyle destination for yachting enthusiasts, residents and tourists.”