Since 1995, Monaco Marine has carried out upkeep and refits on a wide range of pleasure craft, together with superyachts. What began as one shipyard in Monaco is now 9 areas primarily within the South of France. Moreover, they’re all now beneath the possession of Secure Harbor Marinas.
The formal acquisition follows a joint announcement in June that the 2 have been in negotiations. Particularly, the assertion indicated that Secure Harbor was to accumulate 100% of Monaco Marine. Primarily based in Dallas, Secure Harbor already had a big footprint all through the USA and the Caribbean, with upwards of 140 marinas and boatyards. Nonetheless, it wished to develop a presence in Europe. A merger would make it potential.
Monaco Marine works on initiatives within the water and on land. In actual fact, it might probably hoist megayachts to 595 ft (160 meters). Primarily, although, it providers yachts to about 295 ft (90 meters). “The Monaco Marine workforce cares deeply about offering distinctive service in among the world’s most iconic yachting locations,” notes Baxter Underwood, Secure Harbor Marinas’ CEO. “We’re thrilled to have the ability to serve captains, crews, and homeowners in locations like St. Tropez, Antibes, and Monaco.” The refit and repair specialist has areas in La Ciotat and Marseilles in France, too.
As to its “distinctive service,” in Underwood’s phrases, Monaco Marine set a precedent for treating homeowners, captains, and crew. Within the early to mid-Nineties, Michel Ducros, an avid boater and a French businessman, was dissatisfied along with his personal experiences. He owned a Grand Banks yacht, which he cruised aboard alongside the French coast. Though he loved his journeys, he felt service within the area, together with customer support deserved upgrades. Subsequently, Ducros established the primary Monaco Marine boatyard within the coronary heart of Monaco. Workers wore conventional yachting uniforms and supplied purchasers with the next degree of professionalism. Quickly, Ducros realized a community of yards could be smart. Inside two years, he added the websites in Saint-Laurent-du-Var and Beaulieu-sur-Mer, France. The corporate’s first step into the superyacht sector got here in 2022, constructing the La Ciotat web site from the bottom up.
Monaco Marine monacomarine.com
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