Gibraltar’s Ocean Village marina will be adding ten new superyacht berths as part of a major expansion project

The owners of Ocean Village marina are hoping to attract superyacht owners to Gibraltar for more than just cheap fuel, after a major expansion project was approved.

The marina will be adding ten new stern-to superyacht berths, 102 waterside apartments, a new Pier Office, and a landscaped promenade area.

Plans were submitted to Gibraltar’s Development and Planning Commission back in December 2014, but were only approved earlier this month.

Developers will now carry out further research and provide traffic and environmental reports before the development can move into the design and construction phases. No timeframe or budget has yet been agreed for the overall project.

Neil Crawford, director of Ocean Village, said: “Our marina sees superyachts on a regular basis, but usually just for short periods of time or for fuel stops.

“Of course we’re delighted at the news,” he continued. “This is a vote of confidence in the future of Gibraltar’s economy and complements the Government of Gibraltar’s measures to attract superyachts to the Rock.”

Ocean Village and Marina Bay are the two main marinas in Gibraltar and between them they include 300 berths measuring up to 80 metres.