Porto Montenegro reaches new stage in shipyard development

Porto Montenegro has continued to build a strong foundation for the future by developing the former Bijela Shipyard as a joint venture with Drydocks World Dubai. The shipyard, now known as Adriatic 42, is offering a range of services to the world’s largest yachts.

Porto Montenegro’s aim is to transform Adriatic 42 into a world-leading superyacht refit and maintenance facility, offering the highest standards of quality and service. The project involves the design and construction of new infrastructure and upgrading of existing facilities.

Under the terms of the concession, Adriatic Marinas will invest approximately €20 million (c. $22.68 million) over the course of the first three years. Paul John Gray has also been appointed as executive director at Adriatic 42.

Paul John Gray, executive director at Adriatic 42, commented, “Currently, we are completing all mandatory investigations, analysis and assessments to ensure that our development not only complies with all permit requirements, but is sustainable and environmentally friendly. As part of the DP World Group, we are committed to reducing harmful emissions and will do this through the smart use of alternative energy sources and new, more energy-efficient equipment.”

On completion of the assessment stage, phase one of the development will include testing all existing infrastructure, an integrity analysis, work carried out on anchor points for the floating dock, construction of a Travel Hoist jetty, rehabilitation of the South Jetty and refurbishment of existing superstructure.

In addition to working on the development of the shipyard, Porto Montenegro is preparing an events programme for 2022. The season will include the annual Superyacht Winter Games, Superyacht Business Weekend, a jazz festival, the Superwine festival, an international fashion festival, Polo in the Port and more.

Another addition to the coming year’s calendar at Porto Montenegro is the crew awards, which will be held in October 2022. Created in 2018 and staged by the superyacht crew representative body A-Crew, the awards recognise and reward superyacht captains and crew for outstanding achievements and dedication.

For more information, visit Porto Montenegro.

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