Monaco Marine partners with Marseille for new yard

Oct 19, 2018 by Triton Staff

The Port of Marseille Fos and Monaco Marine Marseille signed a partnership agreement in September to create a megayacht maintenance and refit center in the Mirabeau harbour sector of the Marseille.

The agreement gives Monaco Marine access for 50 years to a 55,000-square-meter area.

Monaco Marine presented “an ambitious project for a maintenance and renovation centre dedicated to very large 90 to 133 meter yachts”, according to a statement announcing the news.

Monaco Marine has seven shipyards along the Cote d’Azur as well as a private marina. The yard expects to invest more than €44 million to develop the area, including commissioning a 6,000-ton ship lift, believed to be the largest in the yacht repair sector.

The Port of Marseille will invest €27 million in infrastructure works to create the platform, an amount for which it will receive support from the State and the Region: €1.25 million each, i.e. €2.5 million under the 2015-2020 State Region Contract Plan for ship repair.

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