World Marina News : Latest Updates - Aug '08

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Marinas - India's most required resource in terms of boating, are strategically very important the world over.


Apart from the Glamour and the Luxury associated, there are many authorities that are constantly in the endeavour of making and maintaining the best marinas of the world.

Let's get to know the latest about the world of marinas...

MARINA NEWS

(1) Marina di Varazze wins the “Marina Development Italia” Award

CNBC Europe & Africa Property Awards 2008 have just revealed the results and Marina di Varazze has won the award in the category of “Marina Development Italia”.


The award will be presented at a glittering gala dinner to be held at the Sheraton Park Lane Hotel in London on 27th September.

The fact that Marina di Varazze earned one of these coveted awards is sure proof that Italy cannot only compete but also triumph within the highly competitive Europe & Africa property arena.

Entries were judged by a panel of professionals whose collective knowledge of the property industry is second to none and unsurpassed by any other property awards.


(2) Dubai's Marina Industry to create 1,500 new jobs

A growth surge in Dubai’s marina industry will lead to the creation of 1,500 new jobs, according to a luxury marina developer and management company.Island Global Yachting (IGY), said Dubai would be home to more than 20,000 berths for yachts within the next five years.


The 200% increase in berths on current numbers in Dubai would also lead to the creation of more than 1,500 jobs within IGY’s operations in Dubai alone, it said.

The company is also developing Anchor Marina - a 590-berth facility for private yachts between 10 metres and 30 metres - scheduled for a Dec 2008 opening.


(3) MONTENEGRO - 'Berth'place of a New Sailing Destination

Montenegro presses against Croatia, Bosnia, Serbia and Albania on the southern fringes of the Dalmatian Coast. The seaside is heaven. Green mountains plunge into the Adriatic, the water is cerulean blue and unsullied. Ancient towns, some fortified, dot the shores. Hotels, restaurants and shops are springing up everywhere, but the densities (and the prices) are nowhere near the horrific levels of France's Côte d'Azur.


The bay is a geographical wonder. The English poet Lord Byron called it “the most beautiful encounter between the land and the sea.” Its steep, rugged mountains frame a natural harbour that is well shielded from the Adriatic and has about 100 kilometres of coastline. The bay takes the rough shape of a figure eight, with the inner and outer portions pinched in the middle by a narrows.

A lot of investors are laying their money down to increase marina development here.

The Bay of Kotor marina will see a rise in berths and could have 650 yachts, 150 of them superyachts. Boats as long as 150 metres could be accommodated in a pinch.

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