President of the company “Camper & Nicholson”, George Nicholson is convinced that the company of the Canadian billionaire Peter Munk “Adriatic Marinas” with which he has cooperation in that project as a consultant will manage to create in Tivat one of the best world navigation – tourist centers. In the next four years Munk will build in the place of Tivat military shipbuilding yard an exclusive navigation center worth 600 millions of euros with about 800 binding places or yachts of size of just several meters of length up to those of over 100 meters of length. The first phase of the project is 150 millions of euros worth, and it includes construction of 135 various facilities of super luxurious class, and the construction of about 200 binding places for ships which will be finished in May 2009.
Bay of Boka Kotoroska is ideal for a marina and for a great navigation center. Attractiveness of the surrounding and nature, with what we are going to build, and cooperation with the Government in norm – legislative area will make Porto Montenegro become a new pearl of world navigation industry – said Nicholson, who is considered to be the greatest world authority in navigation business. Company “Camper & Nicholson” since 1782 is involved in all aspects of navigation business. In their catalogues for renting for this year “Camper & Nicholson” is offering almost 100 most prestigious motor yachts and sail boats in the world and cruises in the most exclusive destinations all over the planet.
– You can see here that in our catalogue the offer for the Adriatic ends in Dubrovnik on Croatian coast. Well, that is soon going to change thanks to Porto Montenegro which will enter the maps of the best and most prestigious world marinas – says Nicholson adding that in a few years “Camper & Nicholson” beside their already existing representative branches in London, Antibes, Palm Beach, Fort Lauderdale, Miami, Monte Carlo, Cannes and Palma de Majorca will open its representative branch in Tivat.
Yachting is developing dramatically fast – when the first marinas for bigger yacht were made in 1970’s and in 1980’s everyone underestimated the fastness with which the dimensions of new yachts are “growing”. Therefore even today in the world marinas are lacking and harbors too which have binding places which are good enough to receive such big ships and that is an exquisite chance of Porto Montenegro which will not have that kind of problem. From the business, and tourist aspect of the Government these ships bring extremely great benefit for local economy. Every more serious yacht with at least one or two permanent members of the crew leaves a lot of money in the place in which it is based – points out Nicholson.
He explains in the example of the super attractive, 88 meters long cruiser “Malta hawk” which at the moment is based in marina in Antibes on French Azure coast, how positive economic effects of yachting tourism are. Nicholson says that the operative expenses of the use of such a ship per year are about 8% of its value. American billionaire and former president of “HP Compaqa” Tom Perkins last year invested in construction of “Malta hawk” over 100 millions of dollars in order to get the biggest and the fastest high tech sail boat for cruising in the world.
– You can, therefore, by yourself calculate how much money is separated every year for insurance, salaries for the crew, fuel, supplies, smaller repairs, and binding place. Of that 40% are salaries for the crew, and that money is entirely spent in one place where the ship is permanently based. Almost half of the crew rent the apartments in marinas, they bring their own families with whom they live in those places, and they spend their money in local economy – said Nicholson adding that with their earnings, members of the crew of mega yachts are also a wealthy medium class people who are ready to pay best private schools for their children, to buy quality goods and to spend a lot for their indulgence and fun, which results in numerous benefit not just for the operator of the marina in which the yacht is situated, but also for the entire range of local entrepreneurs.
– These yachts are no longer “toys for enjoying”, but they are real small trading ships which demand adequate shipbuilding repair infrastructure. In order to dock and paint the underwater part they have to go to Marseille or Barcelona in the West, or Genoa in the East. If we can build in Tivat a great navigation center in which we will bring such mega yachts then new and big developmental possibilities for shipbuilding yard Bijela are being opened. Yachts of these sizes need a real repair shipbuilding infrastructure, and none of the shipbuilding yards in which yachts used to go for maintenance in the region cannot receive a ship bigger than 40 to 50 meters. Such yachts however, today are considered to be smaller ones so those traditional yacht shipbuilding yards are just cramped and cannot respond to the needs. Now the commercial shipbuilding yards which used to deal mainly with big trading ships are quickly adapting to perform the repair of mega yachts and to fill in the blank which has appeared in the market – point out Nicholson adding that that is a great chance for Bijela.
He said that mega yachts usually spend 10 to 15% of their starting value on bigger repairs every fourth year, because of which for the success of Porto Montenegro it is very important to have nearby a quality repair for yachts.
Dynamics with which the yacht business is “growing” Nicholson illustrates also with the records that since January this year there are 777 mega yacht which are being built in the world, which is an influx of 2,2 times in the last 10 years. From this ships which are being built at the moment, 154 of them are more than 50 meters long. Else, just in Europe in various aspects of yacht business there are over 120.000 employees.
LOWER TAXES AND SIMPLE RULES
Just in the marina in Antibes, according to Nicholson’s words there are about 13.000 various small craft shops and mini enterprises which have become specialized in providing various kinds of services for yachts and their crew, starting from repair and maintenance of the ships, through agency and hotelier services, supply, cleaning and other jobs.
– In order to keep these mega yachts here, you need the infrastructure on the coast which can satisfy all the needs of the members of the crew and the owner. In the same way. It is necessary that the state makes with their tax policy and simple rules their marinas attractive for the owners of mega yachts – said Nicholson adding that one of more serious difficulties with which yachting business is facing with in a prestigious destination such as the West Mediterranean, is the fact that at the moment from San Remo in Italy to Marseille in France there is not a single serious shipbuilding yard whose capacities could satisfy the needs of new, bigger yachts.