Superyacht Design

News: Art Marine Adds Ghantoot Marina To Their Marina Destinations Network

March 12, 2010 by Superyacht Design
View large version of image: Art Marine Adds Ghantoot Marina To Their Marina Destinations Network

ART Marine LLC, the Middle East’s largest importer and distributor of pleasure boats and luxury motor yachts, recently announced that it has reached a long-term agreement with Charterbay LLC to manage and operate the 300-berth Ghantoot Marina and Resort in Abu Dhabi.

The agreement was signed by ART Marine and Charterbay representatives during an elegant lunch held at the Capital Club at the Dubai International Finance Center (DIFC).

ART Marine will be assuming operational responsibility of the Ghatoot Marina effective the 1st of April this year.

Commenting on the agreement, Constantinos Constantinou, ART Marine President and CEO said: “As we execute our region-wide strategy to establish a chain of Marina Destinations, we are extremely pleased to announce the long-term agreement with Charterbay LLC for the management of Ghantoot Marina. Renowned for its uniquely natural and serene setting, the marina is ideally situated between Abu Dhabi and Dubai”. “True to our company mantra to “Discover Yachting”, our Marina Destinations strategy will allow us to better introduce the yachting and cruising lifestyle to a much broader audience. This mission has been assigned to our Marina Management Division, headed by Bruno Meier, who has over 20 years of experience in this field” he added.

Aldo Arcangioli, Charterbay CEO said: “We are excited about our agreement with ART Marine, and look forward to the official handover of the marina in the coming weeks”.

“The agreement between ART Marine and Charterbay, includes the operation, maintenance and management of the marina. Ghantoot Marina is the second addition to ART Marine Destination marina management portfolio this year, after The Ritz-Carlton Hotel & SPA Marina in Bahrain, and several others are under negotiations.

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