Azure Marine says it has received a Memorandum of Understanding from Sri Lanka to design, develop and operate the first superyacht marina in the country.

Brian Simpson CEO of the company says: “The development will include a hotel, shopping mall, supermarket, crew club house, boutique shops, a repair /re-fit yard, chandlery, and a fuel bunkering facility.”

It is anticipated that the marina berths will be available from end of July 2011 in anticipation of the winter getaway from the Mediterranean.