Porto Montenegro has teamed up with Drydocks World Dubai to transform the former Bijela Shipyard into a world-class superyacht refit and maintenance facility.
The project, which has renamed the shipyard Adriatic 42, will include the construction of new infrastructure and the upgrading of existing facilities. Adriatic Marinas will invest a total of €20m over the course of three years to support the venture.Read More/How much did it cost to build Porto Montenegro
The pair also announced the appointment of Paul John Gray as executive director of Adriatic 42. Gray, who has previously held management roles at Gulf Craft and Fairline, will head up plans to revamp the shipyard and upgrade current facilities.Read More/Porto Montenegro wins ‘World’s Best Superyacht Marina’ award
The first phase will include testing all the existing infrastructure, work on the anchor points for the floating dock, construction of a Travel Hoist jetty and refurbishment of the South Jetty.Read More/Ocean Independence takes on five Porto Montenegro berths
“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,” said Gray.
Porto Montenegro has also announced a packed schedule of events, including the 2022 winter games and annual crew awards.