Dubai - Mubasher: P&O Marinas has partnered with Société Monegasque International Portuaire (SMIP) to create a series of superyacht marinas at a number of locations in the Mediterranean and across the world, as reported by Gulf News.

The DP World subsidiary’s partnership with the Monaco state-owned company are set to invest in, develop and manage destinations dedicated to superyachts, as per the Memorandum of Understanding (MoU) the two parties have signed.