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MAY 2011 - Association of Marina Industries

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Around The WorldMott MacDonald Forms <strong>Marina</strong>Collaboration in Asia PacificMott MacDonald’s Hong Kong <strong>of</strong>fice and <strong>Marina</strong> ProjectsLtd have joined together in a collaboration providing servicesand expertise in marina consultancy and maritimecoastal engineering.<strong>Marina</strong> developers and investors can now benefit from acomprehensive and unrivalled consultancy service availablethroughout the Asia Pacific region. Mott MacDonald and <strong>Marina</strong>Projects are fully committed to providing environmentallysustainable solutions to all aspects <strong>of</strong> marina design. Thisteamwork approach has already been applied successfully onthe prestigious Baroque on Lamma project in Hong Kong.Mott MacDonald has played a major role in the development<strong>of</strong> marine infrastructure throughout the Asia Pacific region.The consultancy will be providing full planning and engineeringservices including breakwater design, wave and sedimentmodelling using state <strong>of</strong> the art numerical simulation <strong>of</strong> wavedynamics, and design <strong>of</strong> ferry piers, marinas and pontoons.With BoatU.S. Insurance,You’re Not Just A Number...BoatU.S. Member Bruce Fournier aboard“G’Day” on the Braden River in Florida.“So <strong>of</strong>ten in this day and age,customer service representativesare indifferent in their dealingswith clients over the phone. I wasextremely satisfied with the helpfuland courteous way my insuranceinquiry was handled and want tothank you for having people <strong>of</strong>this caliber available for yourinsurance customers.”—Bruce Fournier,Bradenton, FLYou’re Number One!At BoatU.S., you’ll find boating experts with the answers youneed when you call. Our knowledgeable Underwriters not onlyfind the perfect coverage for your boat and boating lifestyle,we’ll work with you to help find ways to save on your premium.And, as a Berkshire Hathaway company, you can be sureBoatU.S. will be here each and every time you need us.For a fast, free quote call 1-800-283-2883or apply online at BoatUS.com<strong>Marina</strong> Projects has provided advice on all aspects <strong>of</strong> marinadesign and waterfront development in over 20 countriesworldwide and projects include Porto Montenegro inthe Mediterranean.The 15 Most Expensive <strong>Marina</strong> Berths inthe WorldThe three most expensive marinas in the world are all locatedin Italy. This is one <strong>of</strong> the findings to emerge from aranking list compiled by Engel & Völkers. Since the companyexpanded its range <strong>of</strong> services at the end <strong>of</strong> 2007 toinclude the brokerage <strong>of</strong> top-class yachts, the globally operationalreal estate company has also turned its attentionsto the supply <strong>of</strong> attractive marinas. Based on this marketknowledge, Engel & Völkers has now produced a leaguetable for the first time ranking the 15 most expensive marinasin the world. The mooring fees charged for a 55-metresuperyacht during the high season was the variable used t<strong>of</strong>orm the basis for the ranking list, which is headed by the<strong>Marina</strong> Grande on Capri. Renting a berth for a 55-metresuperyacht here costs 2.585 euros per day during the highseason. This is followed by Porto Cervo on Sardinia withdaily rates <strong>of</strong> 2.574 euros, then the <strong>Marina</strong> di Port<strong>of</strong>ino onthe Amalfi coast with rates amounting to 2.100 euros.Berths for superyachts are a scarce goodIn addition to the location and services that a marina has to<strong>of</strong>fer, there is one pricing factor that has a particularly strongimpact on the high fees. Iñigo Nicholson, Licence Partner<strong>of</strong> Engel & Völkers Yachting Madrid and Marbella, regardsa scarce supply <strong>of</strong> berths as being the most significant pricedriver: “Yacht berths in exclusive locations are an extremelyrare and highly sought-after commodity. In a similar way toreal estate, high demand for a very limited number <strong>of</strong> spacesleads to a soaring inflation <strong>of</strong> prices.” The industry specialistis not surprised therefore that Capri makes the top spot <strong>of</strong>the ranking list <strong>of</strong> the highest priced moorings for ‘floatinghomes’. After all, the hilly isle <strong>of</strong>f the Amalfi coast only hasten yacht berths available that are large enough to accommodatethe superyachts listed by Engel & Völkers.Just behind the Italian frontrunners, in fourth place on theranking list, is Puerto José Banus in Marbella on the Costadel Sol, where yacht owners pay 2.069 euros per day. Infifth place, at 1.643 euros per day, is the Balearic marina<strong>of</strong> Ibiza Magna. In comparison with Capri, yacht ownersonly pay around half <strong>of</strong> the daily mooring fee (1.356 euros)Policies Subject to Limits and Exclusions18Around the World Continued on Page 19

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