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MONACO MARINE: “We take care of the boats”                                                    by Milena Radoman




          This group specialising in the refitting, repair and maintenance of motor and sailing yachts from 10
          metres to over 180 metres was born in Monaco.  Let’s take a closer look.



          “We arrived in Monaco by sea,” recalls Tanguy   on board,” explains Tanguy Ducros.  has 200 direct and 800 indirect employees and
          Ducros, Commercial Director of Monaco Marine.   This activity now represents just 1.5% of   performs work on more than 3,500 boats per
          “My father, who had just sold the Ducros Group,   the group’s turnover of approximately €100   year, which corresponds to approximately 10%
          was looking for a place to live and do business.”   million because, since 1995, Monaco Marine   of world market share!
          In 1995, the former so-called Spice King (known   has repositioned itself in the refitting sector
          for the famous 80s advertising slogan, “A   and developed a network of shipyards across   The lucrative superyacht market
          quoi ça sert que Ducros il se décarcasse?”)   the Mediterranean, successively taking over   Monaco Marine has targeted the superyacht
          anchored in the Principality to set up a brand   the site of Saint-Laurent-du-Var, dedicated   and megayacht market, on the basis that over
          new project, Monaco Marine. “He bought out   to yachts under 25 metres, that of Beaulieu-  half the world’s superyacht fleet sails regularly
          a company founded by the Casiraghi family   sur-Mer and the Gulf of Saint-Tropez, which   between Monaco, Cannes, Antibes and Saint-
          specialising in fast, offshore boats, which had   can accommodate yachts measuring up to   Tropez; and the maintenance of these boats
          a marina concession contract and provided   40 metres. Specialised in the refitting, repair   is a lucrative business. It is estimated that
          maintenance and upkeep. Located on Quai   and maintenance of motor and sailing yachts   approximately 10% of a superyacht’s purchase
          Antoine Ier, the Monégasque marina still offers   from 10 metres to over 180 metres, the group   value per year is required for maintenance,
          all-inclusive services, such as maintenance,   now offers, across eight sites, services ranging   including 2 to 4% for annual upkeep. There
          manoeuvring assistance, private pontoon   from basic overhaul to complete reconditioning:   is also the fact that any yacht-owning emir,
          with a bar, mooring, cleaning and technical   structural modifications, electrical works,   international star or discreet entrepreneur
          checks. “We prepare the boat and take care   paintwork, mechanics, carpentry, antifouling,   could well bring their yacht-owning family and
          of everything. Owners do not need a captain   interior fittings, rigging and so on. The company   friends to the yard – and this is why Monaco


















































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