The geographical spread of marinas operated by Island Global Yachting (IGY) has been extended with a new marina in Sochi, Russia. IGY will confirm later this week that it has agreed to run the new Olympic Village Marina at Sochi located on Russia’s Black Sea coast to the south east of Novorossisk. This will be the first facility of its type in the country and it will be built by construction group Basic Element, owned by oligarch Oleg Deripaska. The latter owns the 72.6m (238ft) superyacht Queen K, which was built by L