Marina Articles
Singapore’s Marina at Keppel Bay, with its enviable reputation as a luxe yachting destination, has undergone a significant change of ownership. The power behind this purchase, you ask? It’s none other than SUTL Enterprise Limited, the illustrious owning entity of the esteemed ONE°15 brand.
Their latest strategic move involves a staggering S$40.0 million agreement aimed at acquiring the stunning marina. As champions of refined and unparalleled experiences in a marine setting, this is hardly a surprising choice, but an undoubtedly momentous one. After all, what better way to solidify and possibly outset their current standing in the market than to add another marina under their belt?
Imagine an integrated hub of naval sophistication and luxury tourism, capable of generating significant economic proceeds and creating employment opportunities galore. The picture depicted isn’t of Monte Carlo or Costa del Sol - instead, it’s Australia’s very own, Newcastle. This coastal city is set to be the toast of the Australian maritime world, with Newcastle Cruising Yacht Club (NCYC) announcing plans of constructing its first superyacht marina. This premier maritime venture comes to life courtesy of a substantial $5 million funding by the NSW Government through the Regional Economic Development and Community Infrastructure Program.
Indonesia Embarks on its Sailing Journey with the Commencement of the Bali Benoa Marina Construction
