Island Global Yachting

Farkas’s IGY Expanding in Latin America

IGY Marinas announced its expansion in Latin America with the acquisition of Golfito Marina Village, a 50-slip facility in Costa Rica.

The marina is owned by Hacienda El Dorado S.A. and will join IGY’s three other Latin American marinas: Marina Cabo San Lucas in Mexico, Red Frog Beach Island Marina in Panama, and Marina Santa Marta in Colombia. On November 1, 2017, IGY will take over all marina operations, management, and branding initiatives.

The marina is one of the only private, natural deep-water marinas in the world, and can accommodate vessels of up to 500 feet. Golfito itself is a historic Costa Rican town adjacent to government-protected rainforests and beaches.

Those docking in Golfito will have access to IGY’s large vessel support network, the IGY Anchor Club Strategic Partners, which offers provisioning, crew training, emergency health service, and multiple other services. Golfito Marina Village also partners with a leading yacht transport company to ensure high-quality transportation services. The marina is the only approved drop-off and pick-up zone for yacht transportation ships on the west coast of Central and South America.

IGY’s future plans for the marina include and expansion of an additional 135 slips and a full-service yard. The surrounding area houses around 25 retailers, an open-air spa, and a luxury hotel that is slated to open within the next two years.

Island Global Yachting was funded and developed by Andrew Farkas, who currently serves as its chairman. Farkas is involved in IGY’s capital-raising, acquisition and operating efforts. IGY’s portfolio includes 18 marinas in 9 countries, that service more than 8,000 unique vessels and approximately 100,000 customers each year.

St Lucia to Welcome Atlantic Rally for Cruisers

CASTRIES, St Lucia, Monday November 15, 2010 – St Lucia’s yachting authorities are set to welcome the prestigious Atlantic Rally for Cruisers (ARC), an annual transatlantic sailing event for cruisers, which starts this month in the Canary Islands and ends before Christmas in Rodney Bay, St Lucia. St Lucia’s Director of Yachting, Cuthbert Didier, was pleased to report that the island’s yachting facilities remain strong and resilient following the passage of Hurricane Tomas last month. Read More…

IGY Adds Puerto Ricos Palmas del Mar Yacht Club to their Growing Fleet of Marinas

Island Global Yachting (IGY) announces the addition of Palmas del Mar Yacht Club, PR, expanding its Caribbean network of luxury yachting destinations.

“We are excited to welcome Palmas del Mar to the IGY family. Experiencing the staff’s hospitality and warm nature, combined with the marina’s megayacht capabilities, amenities and tranquil surroundings, makes it an ideal IGY marina destination and a great addition to the IGY Caribbean Anchor Pass flexibility,” says Tom Mukamal, President of IGY. Read More…

IGY opened a European headquarters in Barcelona, Spain

Dedicated to Expansion in The Mediterranean – IGY Opens Office in Barcelona, Spain
FORT LAUDERDALE, FLORIDA (September 15, 2008):  Island Global Yachting (IGY), one of the world’s premier owners, developers and managers of luxury marinas and yachting lifestyle destinations, has opened a European headquarters in Barcelona, Spain.  This office will oversee operations and acquisition/development opportunities in the Mediterranean for the company.  IGY recently launched a strategy for expansion into this region, and has added and/or will be adding in the near future new marina locations in Croatia, Greece and Turkey.
“We are excited to open this new European office in Barcelona and believe it is the ideal location from which to base our growth in the Mediterranean,” said Charles Garner, president of Island Global Yachting. “We are fully committed to expanding our presence here and to introducing to the Mediterranean the same quality of facilities and service for which we are known in the Caribbean, the Americas and the Arabian Gulf.”
Click here to read more about IGY.
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