In a significant move within the maritime industry, Blackstone Infrastructure has announced its agreement to acquire Safe Harbor Marinas, the largest marina and superyacht servicing company in the United States, for .65 billion. This acquisition underscores Blackstone’s strategic investment in the burgeoning boating and leisure sector. Safe Harbors currently owns and operated 138 marinas across the US.
Blackstone’s investment not only highlights the resilience and growth potential of the boating sector but also signifies a shift towards greater consolidation and modernization within the industry. As Blackstone integrates Safe Harbor into its infrastructure portfolio, stakeholders can anticipate enhanced services and expanded facilities, catering to the evolving needs of the boating community.
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Modernizing Navigation: USCG’s Proposal to Remove Buoys off Massachusetts
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Modernizing Navigation: USCG’s Proposal to Remove Buoys off Massachusetts
What’s Being Proposed? In April 2025, the U.S. Coast Guard (USCG) First District, which includes Massachusetts, launched a Coastal Buoy Modernization Initiative. As part of this effort, the Coast Guard is proposing to discontinue approximately