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Hong Kong

Hong Kong needs marine upgrades to lure luxury yachts, expert warns

Dearth of berths hurting city's ability to attract cash-generating super vessels, expert warns

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The Eos, a three-masted Bermuda-rigged schooner, is repaired at Hongkong United Dockyards. Yacht owners have long complained about the lack of moorings. Photo: Dickson Lee

The arrival of the world's largest sailing yacht in Hong Kong has sparked fresh calls for the city to increase its investment in marine infrastructure.

Measuring almost 100 metres long and worth more than US$150 million, Eos called in for repairs after having trouble with its bow thruster while touring Southeast Asia.

The three-masted Bermuda-rigged schooner - owned by US media mogul Barry Diller - found room to berth at Hongkong United Dockyards (HUD) in Tsing Yi after failing to find suitable maintenance facilities for a boat of its size in the Philippines.

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A former chairman of US media house Fox and worth about US$2.4 billion, Diller is married to fashion designer Diane Von Furstenberg.

Todd Jeffery, general manager of special projects at HUD, said Hong Kong needed additional investment to attract more vessels of that size .

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"The problem is Hong Kong doesn't offer a lot of services or facilities for yachts of that size," Jeffrey said.

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