Gold Coast Update.
Prospecting vessel currently moored off the marina wall. Permit to remain on site to do sample work on the subsurface sediment/mud content. Information from Knowledgeable source says
that Sino Land are planning to dredge the marina and the process of mud collection is requirement of the government environment agency to check for contaminants.
Once approval is granted, and we all know it will be, a major dredging activity will take place, deepening the existing channel to the large boat docking area.
Wether Sino Land will use this as an excuse to give boat owners the opportunity to move, is anyones guess. What is forecast is that Sino management want more access for larger vessels, ie the Super Yachts , which currently cannot access the marina as its too shallow.
Rumour : Sino will dredge the main thoroughfare, and, due safety concerns , will require boats currently moored on C Dock(and maybe B dock) to vacate their moorings. As all GC debentures have a three month surrender clause, Sino don't have to be particularly compassionate.
HK , its such a loverly place under the veneer of the World City BS.