As we've heard it, it's a large marina/buoyage proposal that would tie up 80% or more of the cove, leaving just the area inside the entrance for anchoring.
When we get the copy from JackD we'll know more.....
1984 Fast/Nicholson 345 "FastForward"
".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)