The Mediterranean Maritime Hub Malta (MMH) is investing more than €20 million to turn Valletta into a hub for vessels from the maritime and oil and gas exploration sectors. Located in the far reaches of Valetta Harbour at Albert Town, the first investment of €8 million went towards the preparation of the site, with a large proportion dedicated to the dredging of the basin to a depth of 10.5 metres. This dredging successfully removed pollutants from the main dock and allowed the port to accommodate larger vessels from the offshore sectors, including supply and construction vessels as well as superyachts.
Oyster Yachts is undertaking a considerable expansion programme by acquiring an additional 27,000 sq ft at the Hythe Marine Park, Southampton. The additional space will be used to create a state-of-the-art production facility for the new Oyster 495 yacht.
“With several Oyster 495s already sold, investment in this dedicated production facility fits seamlessly with our growth strategy,” says Oyster’s CEO Richard Hadida. “We have great plans for Hythe Marine Park, this location is already a centre of excellence for boat building, and it is the ideal location for our expansion of Oyster.”
The finest superyachts from across the globe have been recognised at the 15th annual edition of the International World Superyacht Awards. This year’s winners include Lady S (with the only Dolby 3D IMAX cinema ever installed on a superyacht) and the iconic 77.3-metre Pi, which accepted two Neptune awards for winning her individual class as well as the highly coveted prize of Motor Yacht of the Year.
The BOAT International World Superyacht Awards are said to recognise the ingenuity and craftsmanship of the most remarkable luxury yachts from across the world. The winners were revealed at a virtual ceremony. Some 57 nominees were presented to the panel of 20 current and former yacht owners.
A new state-of-the-art Operational Centre to support the delivery of remote services to maritime customers has been launched in Hamburg, Germany, by the world’s leading classification society, DNV GL – Maritime. The launch also marks the two-year anniversary of DNV GL’s fleet wide roll-out of remote surveys and the milestone of 20,000 remote surveys delivered. This is DNV GL’s second Operational Centre dedicated to the delivery of remote services; the first was launched in Oslo in 2019.