Author: The Maritime Observer
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Qatar’s Transport Ministry announces suspension of all maritime activities as tensions reemerge
Qatar’s Ministry of Transport has suspended maritime activities amid escalating tensions between Iran and the United States, citing public safety. RELATED: Old Doha Port Introduces Digital Platform For the Entry and Exit of Private Yachts “Minakom” “For public safety, owners and users of maritime vessels, including leisure boats, fishing boats, jet skis, and all other…
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Egyptian Developer Tatweer Misr launches 65-berth yacht marina in Ras El Hekma
Tatweer Misr has launched SALT Marina, the developer’s second property in Ras El Hekma, Egypt’s smart city megaproject. The 65-berth marina, representing $500 million (EGP 70 billion) in investment, has been developed to strengthen Egypt’s coastal tourism efforts. It is said to be the first interconnected coastal project by an Egyptian real estate developer. The…
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CVC agrees to €1 billion sale of marina operator D-Marin to French private equity firm
One of the largest marina portfolios in the Middle East and Europe is changing hands after CVC Capital Partners has moved forward with the sale of D-Marin to French private equity firm InfraVia Capital Partners. D-Marin operates 28 facilities in nine countries. Its customer base totals 50,000, with over 14,300 berths. In its time under…
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M3 Monaco and Raunautica partner together to strengthen Egypt’s yacht market
Marina management company Raunatica has announced a strategic partnership with M3 Monaco to promote the development of Egypt’s yacht tourism sector. The signed agreement, which took place at Monaco Yacht Club, sets its sights on marina development and long-term growth by supporting the enhancement of marina services and operational standards. It brings together Raunautica’s local…
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Gulf Craft appoints Sultan Salem & Sons as official dealer of SilverCat in Kuwait
UAE-builder Gulf Craft is expanding SilverCat’s dealer network in the Middle East market, naming Kuwait Development & Trading Co , a subsidiary of Sultan & Salem & Sons. as the brand’s representative in Kuwait. SilverCat, one brand under the Gulf Craft umbrella, are powered catamaran designed for cruising, sportfishing and utility. It’s 34HT and 46LUX…
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Jeddah Yacht Club & Marina awarded “Five Gold Anchor” accreditation by TYHA
Jeddah Yacht Club & Marina, a leisure marine facility in Saudi Arabia, has received a “Five Gold Anchor” designation by accreditation body The Yacht Harbour Association. According to TYHA, the award was established in 2014 “to improve marina standards and the experience of marina users.” Independently audited by industry experts, Jeddah Yacht Club and Marina…
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Dubai Maritime Authority introduces 24-hour yacht-marina transfer service
The Ports, Customs and Free Zone Corporation has launched “Dubai Sea Guests Pick-Up and Drop-Off,” a 24-hour service designed to fast track passenger transfers between marinas and private yachts. The Dubai Maritime Authority, seeking to enhance the state’s leisure marine services, extended this initiative to local and foreign flagged yachts which hold a permit to…
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ENATA Group announces $20 million manufacturing facility; to be built in Abu Dhabi
The UAE-based ENATA Group is expanding its operations to Abu Dhabi, announcing an upcoming marine facility in partnership with Ajyal Holding. The company, known for building the 10-meter carbon yacht Spirit, has invested $20 million for the outpost, which will be constructed on the new 100,00 plot. The manufacturing complex, which includes 200 meters of…
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ORA Developers appoints AtkinsRéalis to master plan waterfront project BAYN
Global real estate company ORA Developers has announced engineering and design firm AtkinsRéalis as its choice to masterplan the upcoming waterfront community Y Views at BAYN, a new development in the UAE’s Ghantoot. The Canada-headquartered consultancy will oversee the master planning, infrastructure, and public realm design services for the project. Bayn, part of the 4.8…
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Oman’s Barka Marina begins operations as part of $143 million waterfront development
Oman’s first privately developed and operated fishing harbour, using a usufruct system, Barka Marina, has started phased operations. Located in the Wilayat of Barka, in the South Al Batinah governorate, the development is worth over 55 million Omani Rials ($143 million). Barka Marina falls under Oman’s Vision 2040, planning to turn fisheries into economic hubs…
