The Port of Marseille Fos had launched a call for projects at the beginning of 2018 to attract proposals and start a general industrial project in the area of the Port known as the Mirabeau harbour. At the end of the process, Monaco Marine was selected, which presented a project for a maintenance and renovation centre dedicated to very large 90 to 133 meter yachts.
Monaco Marine will invest more than €44 million in the maintenance and refit centre project, by ordering and commissioning a 6,000-ton ship lift – the world’s largest in the yacht repair business.
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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.
Jean-Marc Forneri, Chair of the Port of Marseille Fos Supervisory Board, mentioned:
This development project is not only good news for the yachting business in Marseille, but also for the local ship repair cluster which has nearly 90 companies in our area.
Michel Ducros, President of the Monaco Marine Group, explained that the strong growth in the mega yacht market requires an increase in the company’s capacity for very large units that only the Port of Marseille Fos can accommodate.
