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Home > Around the Regions > IGY grows European marinas network with Spanish deal

IGY grows European marinas network with Spanish deal

Island Global Yachting (IGY) has expanded its Mediterranean marinas network with the addition of the Puerto de Malaga marina in southern Spain, its third facility on top of the ones it already operates in France and Italy.

In this latest deal, IGY is partnering with Ocean Capital Partners to redevelop the existing marina and infrastructure to serve the world’s largest superyachts, as well as other vessels seeking to enjoy Málaga’s convenient location for dining, shopping, festivals, museums and historical charm. IGY will be both an equity holder as well as the management and brand partner to the marina, which IGY expects to begin operating in the spring of 2020.

“IGY is excited to work with Ocean Capital Partners, the Port Authority of Málaga and local stakeholders to support the local economy through this exciting venture,” says IGY in a statement. ”Málaga’s strategic location east of Gibraltar offers the global superyacht fleet the perfect destination for private use or charter vessels.

“Well-located to support vessels in the western Mediterranean, and an ideal winter haven with year-round berthing, it is also a convenient IGY destination for vessels to prepare for trans-Atlantic crossings. Málaga airport offers international flights and is a short 20 minutes to Puerto de Málaga – a convenience for owners, guests and crew.”

Tom Mukamal, CEO of IGY Marinas, says: “With the 2019 launch of IGY’s purpose-built superyacht marina in Sète in the south of France and the continued success of Porto Cervo Marina in Sardinia, the IGY network continues to showcase the company’s strength as the world’s leading international marina management company.”

“Over 500 IGY clients cruised near Málaga last year,” comments Steve English, IGY’s EVP of Corporate Development. “It is a tremendous destination that we are thrilled to welcome into IGY’s network, which continues to expand to new and exciting locations in Europe.”

Managing partner of Ocean Capital Partners, José Luis Almazán, says: “Málaga, with this new marina, will become a premium point of reference in the Mediterranean, at the same level of marinas located in New York, Miami, and the Caribbean.”

The marina within Puerto de Málaga accommodates a range of vessels and is just steps from the heart of the city and its many attractions. On completion, IGY Málaga Marina will accommodate vessels of 100m (328ft)-plus, offering services and crew amenities that include 24-hour security at ISPS standards, fuelling, grey and blackwater pump-out, full vessel concierge, recycling, hazardous waste disposal and wireless internet.

Guests can also expect to have access to dockside parking, as well as additional security measures such as upgraded lighting and CCTV. Captain and crew facilities will include a fitness centre, showers and changing facilities, and wi-fi equipped business centre. The adjacent beach offers a host of recreational opportunities within walking distance of the marina.

“As IGY Marinas continues to expand, our unrivalled reputation is becoming more well-known throughout the Mediterranean,” explains Simon Bryan, European Director of Operations. “We look forward to delivering industry-leading operational and service standards that our clients expect at an IGY marina.”

IGY says it is proud to participate as an investor in IGY Málaga Marina alongside Ocean Capital Partners, an international company specialised in management and investment in maritime and port assets, and Domingo de Torres, a Málagan business leader committed to the region’s ongoing economic development, and recipient of the 2019 Málaga Gold Award for Industrial Development.

By David Robinson  IBI PLus