Recently, many world’s marinas have gone through deep restructuring to strengthen their offering and compete for superyachts' attention. At the core of this pivotal moment for yachting infrastructure, however, stood Porto Montenegro, one of the first purpose-built superyacht hubs. During the MYS 2019, the plans for further development of one of the 10 most stunning European superyacht marinas got revealed.
The project of Porto Montenegro dates back to 2007, when Peter Munk, a Hungarian-born Canadian businessman purchased a site in Montenegro for €23 million, with the purpose of building a superyacht marina that would rival mainstream destinations. With backing from LVMH Chairman, Bernard Arnault, Russian oligarch, Oleg Deripaska and Lord Jacob Rothschild, the Barrick Gold founder set out to develop the largest private-sector investment in the country.
Located near the coastal city of Tivat, Porto Montenegro's ambition was to become a homeport for some of the world's largest yachts by providing their crew and visiting owners with high end facilities. The development also included the construction of a strong ecosystem around the marina with condos, restaurants and a five star hotel.
Over its several years of development, Porto Montenegro caught the eye of new investors and in May 2016 it was confirmed that the development was acquired the Investment Corporation of Dubai, the city-state's investment arm.
Currently, Porto Montenegro has 450 berths for yachts from 12 to 250 meters in length (with a capacity to expand to 850 berths), 300 sold-out luxury apartments, as well as 60 units of ground floor retail with restaurants, bars, cafes, shops and amenities and a five-star Regent Hotel with over 130 luxury suites and apartments.
During a private event at the Monaco Yacht Show 2019, Porto Montenegro announced it was going to invest over €500 million in further development and new projects on site over the next 10 years.
Danilo Kalezic, Senior PR and Marketing Manager at Porto Montenegro, stated:
We are currently only building on 30 percent of a vast 24 hectares that once belonged to the Arsenal, a former Yugoslav naval base. To date, we have invested €500 million and I believe that in the next 10 years, we’ll invest additional €500 million to develop half of the remaining land. This is difficult to predict because the site study is still being adopted but we’re on the right track.
He also emphasised, that the Porto Montenegro village has been transforming from a summer destination to a year-round regional lifestyle-centre and multi-faceted business hub.
What is more, in 2019 the Regent Pool Club Residences, consisting of apartments and penthouse suites, positioned adjacent to the five-star Regent Porto Montenegro hotel, was completed. The space contemporary design with elements of Venetian and Italian aesthetics, by London’s WATG Architects and MHZ Paris.
In addition, the managers reported the summer season 2019 to be one of the most successful ever for Porto Montenegro. The village hosted such top-level events as the first RC44 regatta, the Gigayacht Captains Forum, the Sunreef Yachts rendezvous and Gumball3000 supercar rally, along with music, fashion and wine festivals.
Danilo Kalezic expressed on the high number of yachts and residential clients:
All berths for yachts under 30 metres were fully occupied this summer and overall occupancy was 11.5% higher compared to 2018. In the winter season, we recorded a 10.5% increase compared to last year.
Alongside continued upgrades to Porto Montenegro Yacht Club, the village also embraces new business dimensions, offering co-working spaces and new office hubs. In 2019, Porto Montenegro also welcomed its first family office for new business residents, with Monte Carlo Yachts, Beneteau, and Sunreef Yachts among them.
Meanwhile, Damen, the Dutch group behind Amels, has entered into a contract with Adriatic Marinas and the government of Montenegro to develop a superyacht repair and refit facility in a former shipyard in Bijela, Boka Bay. It is expected to become fully operational in 2021.
In a remarkable display of innovation and engineering prowess, eD-TEC's groundbreaking eD 32 c-Ultra high-performance all-electric RIB has successfully completed its first sea trials after just nine months of intensive development. These trials, conducted in the Adriatic Sea near Punat, Croatia, mark a significant milestone in the advancement of electric boating technology.At the heart of the eD 32 c-Ultra lies eD-TEC's revolutionary Technology Stack, seamlessly integrated with twin plug-and-play eD-QDrive 200kW propulsion units, driving surface-piercing propellers. With a net battery capacity of 105kWh, this blank-sheet design sets new standards in the industry, delivering exceptional performance, stability, and manoeuvrability.During the trials, dubbed as an engineering feat, the eD 32 c-Ultra demonstrated remarkable capabilities, boasting a 25-knot cruise and an impressive range of over 40 nautical miles. These results underscore the vessel's potential to revolutionize the marine industry, offering an environmentally friendly alternative without compromising on performance.Michael Jost, founder of eD-TEC, expressed optimism about the vessel's future, stating, "We are thrilled with the initial performance of the eD 32 c-Ultra during its maiden sea trials. Preliminary estimates indicate a range of 20 to 40 nautical miles and a current cruising speed of 25 knots, with anticipated improvements to reach approximately 30 knots."Furthermore, the trials provided valuable insights into optimizing the vessel's efficiency and performance. Adaptive steering, inspired by automotive systems, and innovative hydrodynamic design elements were highlighted as areas for refinement to enhance stability and reduce power consumption.Looking ahead, eD-TEC remains committed to pushing the boundaries of electric boating technology. Plans for a two-week Booster Sprint, focused on software optimization and charging efficiency, aim to further enhance the vessel's capabilities.Philipp Lehr and Marc Jost, project leads for the eD 32 c-Ultra, expressed satisfaction with the trials, emphasizing the vessel's reliability and performance. "After approximately 500 kWh, we have encountered no system disruptions thus far, and all temperatures have remained within optimal ranges," they reported.As the eD 32 c-Ultra continues its journey towards commercialization, eD-TEC remains dedicated to pioneering sustainable solutions for the marine industry. With ambitious plans for future developments, including solar-centric off-grid solutions, the company is poised to revolutionize the concept of luxury shoreside living and on-water escapes.Indeed, the eD 32 c-Ultra represents not just a vessel but the beginning of a new era in electric boating, offering a glimpse into the future of sustainable marine transportation.Credits: eD-TEC
April 18, 2024
Feadship's highly anticipated Project 1012 has emerged from the construction shed at the Makkum facility, marking a significant milestone as the yacht prepares for sea trials ahead of its delivery. Notably, Project 1012 is the first Feadship vessel to boast full Hybrid Electric Class notation.Designed by Sinot and the owner's design office, with naval architecture by Feadship De Voogt Naval Architects, Project 1012 was commissioned by a seasoned Feadship owner with a wealth of yachting experience. The yacht's exterior styling reflects meticulous design with precise input from the owner, while the interior promises to be a beautifully crafted and meticulously detailed family retreat.Measuring an impressive 91.80 meters, Project 1012 boasts crisply chamfered exterior contours complemented by a traditional flared bow, creating a modern-classic ambiance. Despite its generous volume, the interior is thoughtfully designed to provide intimate spaces for family gatherings, featuring natural materials and finishes throughout.One of the owner's key desires was to enhance the yacht's beach club, which now spans a quarter of the lower deck's total length. With a vast, fixed stern platform and two fold-down platforms, the beach club offers an expansive 165 square meters of water-level lounging space. Additionally, a side-loading garage between the engine room and beach club can accommodate two 10-meter tenders, a ski boat, and various water toys.The main deck aft boasts a large pool and open-air lounge, while comfortable guest suites and staff cabins adorn the main deck forward. The upper decks house the master stateroom, family lounge, and wellness area, while the sundeck offers a prime observation point with forward-facing seating and sun loungers.Project 1012's propulsion system integrates cutting-edge Feadship technology, featuring two main engines, shaft-driven fixed pitch propellers, and PTO/PTI electric motors coupled with 1MW of Li-ion batteries. This innovative setup allows for both conventional diesel propulsion and electric motor operation, providing enhanced efficiency and reduced environmental impact.Albert Abma, Feadship project manager, expresses his satisfaction with the collaboration, stating, "Working with the experienced owner, designers, and owners team has been a professional pleasure. Gathering the operational experience of the owners team with the yard’s building experience has resulted in this modern-classic, state-of-art and full custom new Feadship."Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
April 18, 2024
Sanlorenzo is set to grace the British Motor Yacht Show for the first time from May 16th to 19th, 2024. Attendees of the event, hosted at Swanwick Marina in Southampton, will have the exclusive opportunity to immerse themselves in the world of Sanlorenzo. From its cutting-edge design to its unparalleled craftsmanship and extensive customization options, visitors can explore the elegance and sophistication synonymous with the brand.SL90ASanlorenzo Yachts UK will showcase the magnificent Sanlorenzo SL90A, a 28-meter vessel that will also be the largest yacht on display at the four-day show. Nick Hatfield, Sales Manager at Sanlorenzo Yachts UK, expressed excitement about the debut, stating, "We’re delighted to be bringing one of our stunning Sanlorenzo yachts to the British Motor Yacht Show for the first time. It’s a fantastic opportunity to experience the true meaning of customization and understand Sanlorenzo’s ethos of innovative design, tailored to the requirements and desires of each individual owner."Designed by Bernardo Zuccon, the SL90A boasts an elegant and modern interior, featuring a harmonious blend of different wood, marble, and fabric textures. The innovative Asymmetric design, highlighted by the A in SL90A, elevates the yacht's interior volume, enhancing the main deck saloon's connection with the sea through expansive floor-to-ceiling windows.BG42Accommodating up to eight guests in four well-appointed staterooms, each with its own en-suite bathroom, the SL90A offers comfort and style ideal for family gatherings or entertaining friends.Crafted by Sanlorenzo Yacht at its Ameglia base in Italy, this class-leading yacht offers a timeless aesthetic while pushing the boundaries of conventional design.In addition to the SL90A, Sanlorenzo Yachts UK will also present the BG42 from Bluegame, a brand under the Sanlorenzo umbrella. Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: maa.agency; Yacht Harbour archive
April 17, 2024
Lady A, the distinguished 55.2-meter motor yacht crafted by Nishii Zosen-Sterling, has found a new owner after just a year on the market. Simon Goldsworthy of Edmiston facilitated the sale, representing both the seller and the buyer in this transaction.Originally christened Southern Cross III, Lady A boasts a timeless design conceived by the renowned Jon Bannenberg and was meticulously constructed by Japanese shipyard Nishii Zosen-Sterling in 1986. Undergoing a significant transformation in 2017, the vessel underwent extensive refurbishments valued at over €12 million, including a complete interior overhaul, an expansion of the upper deck, and the installation of state-of-the-art Quantum zero-speed stabilizers.Lady A's upper aft deck has been elegantly extended to serve as the primary sunbathing area, featuring plush sofas, inviting armchairs, and a spacious alfresco dining spot accommodating up to 14 guests. Awnings can be swiftly erected by the crew to provide shelter from the sun.The interior layout is equally captivating, with the main lounge situated on the upper level, offering a relaxed ambiance with sliding glass doors, a raised reading nook, and a well-appointed bar. The vessel's unique design includes a split-level observation lounge boasting breathtaking 180-degree vistas.Ample accommodation is provided for up to 12 guests across six cabins, including a lavish owner's suite with a private office, three double guest cabins, a VIP guest cabin, and a twin guest cabin. The interior, masterfully refurbished by Design Unlimited, showcases walnut cabinetry, solid timber floors, and a soothing palette accented with mauve hues.Lady A is propelled by two rebuilt 3516B Caterpillar diesel engines, boasting a cruising speed of 13 knots. Currently located in Italy, the yacht was last listed at €7,900,000 with VAT paid.Credits: Yacht Harbour archive
April 17, 2024
Severe flooding has gripped Dubai, following an unprecedented deluge that unleashed the equivalent of a year and a half's worth of rainfall in just a few hours. The UAE and neighbouring Oman have already recorded 20 fatalities due to the flooding.Dubai, known for its arid climate, found itself inundated as flash floods wreaked havoc on its roads and highways. Videos circulating on social media captured the extent of the damage, particularly in Dubai Marina, where parts of the precinct were submerged under water, marked off with caution tape.<iframe width=560 height=315 src=https://www.youtube.com/embed/iZicaODYV9A?si=XNJnye89sulGLIp9 title=YouTube video player frameborder=0 allow=accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share referrerpolicy=strict-origin-when-cross-origin allowfullscreen></iframe>Efforts to assess the impact on Dubai Marina are underway, with MIN reaching out to the marina's operator for details on any damage incurred and its potential effects on yachts docked there. The full extent of infrastructure damage and the timeline for repairs remain uncertain.Dubai Airport, the world's busiest, was not spared from the flooding, prompting flight diversions and disruptions. Emirates, the flag carrier, halted passenger check-ins until midnight Thursday as runways became partially submerged, affecting airport operations.Authorities are grappling with the aftermath of what meteorologists have termed an "exceptional event." AP news agency reported a staggering 254mm of rainfall in a 24-hour period in one area, dwarfing the city's average annual rainfall of 95mm. Overall, Dubai recorded 142mm of rainfall on Tuesday, further underscoring the unprecedented nature of the downpour.Credits: The Times and The Sunday Times/YouTube
April 17, 2024