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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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