New Mediterranean shipyard set to welcome yachts

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With the opening of IMS 700, IMS Shipyard says it is now the largest yacht repair and refit shipyard on the Mediterranean.

Located on Toulon Bay in the south of France, the shipyard is opening 80 additional berths to accommodate as many as 100 yachts from 20 to 80 meters (about 65 to 262 feet).

The shipyard is expected to be ready to receive the first yachts by the end of the year.

The 130,000-square-meter yard will house equipment capable of lifting as much as 670 tons.