The new facility will be located on 3 hectares of waterfront property, just three miles across the bay from Porto Montenegro’s marina.
The facility, a partnership between the French refit company Compositeworks and the Adriatic Shipyard in Bijela, will offer a full range of services similar to those offered at the yard in La Ciotat, France.
The facility is expected to begin operations in the autumn of 2010 and will also be a base for a range of specialized subcontractors.
“This partnership represents a major step towards our vision of bringing the superyacht industry to Montenegro and validates our vision for Porto Montenegro,” said Oliver Corlette, managing director of Adriatic Marinas, the developer and owner of Porto Montenegro.
“Previously, many superyachts were discouraged from coming to the Adriatic because it was missing a reliable, top-end operator who understood the specific needs and challenges of today’s yachts. With the addition of a Compositeworks repair and maintenance facility, many more yachts and charter vessels will be based at Porto Montenegro and will enjoy the spectacular cruising area of the Adriatic.”