Strategic partnership with Pindar Yacht Management sets the stage for world-class water sports facilities
P&O Marinas, a DP World Company, has recently signed a strategic collaboration agreement with Pindar Yacht Management (PYM), for the development of a water sports academy, a recreational club, an exhibition space and a range of associated marine leisure services and facilities.
Under the agreement, PYM will bring its experience as an international sailing business and brand to support the transformation of the P&O Marinas facility into a world-class recreational hub for the sport and the wider yachting industry, a press communiqué from DP World has revealed.
In addition, PYM will organize sailing and promotional activities using its two Volvo Ocean Race Yachts, customized and branded to P&O Marinas’ marketing purposes. The yachts, Mina and Marina, will be moored at Mina Rashid Marina.
Mina Rashid Marina has a track record of growth in the UAE as a Regional Marine Community hub. The main driver of which is P&O Marinas’ desire to develop this important segment of the market, especially in terms of infrastructure, as well as supporting the promotion of Dubai as a global destination for tourism.
“The partnership between P&O Marinas and Pindar Yacht Management sets the stage for the next phase in the development of Mina Rashid Marina, and provides a boost to our on-going work of transforming it into the region’s largest and best superyacht destination,” affirmed Mohammed Al Mannaei, CEO, P&O Marinas and Executive Director, Mina Rashid.
”Pindar Yacht Management is very much looking forward to being part of the process with P&O Marinas to develop Mina Rashid Marina as a true global yachting destination,” asserted Andrew Pindar, Chairman, Pindar Yacht Management.
Following Mina Rashid Marina’s success in attracting some of the world’s largest yachts over the last few seasons, P&O Marinas has extended its management and operations to an additional four marinas across Dubai, creating lifestyle destinations for yachting enthusiasts.
The team is currently revisiting the calendar of sailing events for this year so that P&O Marinas is able to welcome the world’s international regattas across their marinas, once the racing is able to resume.
