200-berth marina expected to be given go-ahead later this year
India’s Maharastra Maritime Board plans to develop the first yacht marina in the Mubmai area. The Board which is responsible for over 720km of coast line including 114km around Mumbai, proposes that the 200-berth marina be sited at Mandwa, close to the Gateway of India.
Current Jetty At Mandwa
The Board is currently awaiting the results of a feasibility study into the project but it expects the go-ahead to be given later this year. The anticipated cost of the marina is Rs200 crore …

Ocean Blue Marinas, the company behind India’s first marina at the Bolgatty Island in Kochi announces the inauguration of KTDC’s “Kochi International Marina” scheduled to take place on April 24, 2010 at 6 pm.
The marina will be inaugurated by India’s Honorable Union Minister for Defence, Mr. A. K. Antony, and Honorable Minster for Home, Vigilance and Tourism, Mr. Kodiyeri Balakrishnan who will be presiding over the function.
This marina project, with state-of-the-art facilities, is a Kerala Tourism Development Corporation (KTDC) venture and is located on the eastern coast of Bolgatty Island …

After being a pioneer in bringing the luxury yachting to Eastern Coast of India, Miramar Marines- an exclusive dealer of Sunreef Yachts and Catamarans in India has now associated with Yes Bank for promoting its luxury yacht financing product throughout India.

Yes Bank’s specialised luxury banking group will provide customised financing options based on the landed cost of Sunreef Yachts. Being a one-of-kind lifestyle asset product, the classical financing terms of loan amount, tenor of loan and interest rate will be determined based on individual requirements. As part of Yes …

Meridian Yachts, a Brunswick Boat Group company, has been named as the best-selling brand of flybridge yachts in the US for the fourth year running.
According to results by Statistical Surveys Inc, Meridian captured nearly 20 per cent of the 11m-18m (35ft-60ft) flybridge yacht market in the US last year — its highest share ever. Sea Ray, Brunswick’s other major brand in this segment, took the second highest share.

“2009 was a year of significant transition for Meridian,” says Sea Ray president Rob Parmentier. “We moved all of Meridian’s production from Seattle, …