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2021 July August Marina World

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The magazine for the marina industry

Water Choked By Trash &

Water Choked By Trash & Weeds? Self-Unloads Up To 7ft Above the Water THE SAFE, COMPACT, SELF-PROPELLED SUBMERSIBLE BOAT CARRIAGE The Affordable & All Hydraulic Marina Trash Collection Pontoon Compact, maneuverable design fits into standard size slip. All-electric version available. Perfect for Contract Cleaning The Easiest Way to Clean Your Marina (651) 303-3586 | One man can easily and safely do dry docking and launching of sailing and motor boats on ramps and slipways with a SUBLIFT. Typical usage is docking for fast service, cleaning of hulls and for winter season storage. 1 12-90 ton |

Superyacht charter boosts Australian market Australia is seeing a boom in superyachts, with vessels attracted to the country itself and its buoyant domestic charter market. Australians normally spend AU billion (over US billion) annually on international travel and, with borders closed, many superyachts have moved down under to offer a luxury alternative to overseas travel. The subsequent increase in charter activity is providing a huge economic lift, with vessels spending around 10-12% of their value in operational expenditure annually. This makes every 50m (164ft) vessel worth AU-6 million in economic spend within a region per year. The increase in vessels has a direct correlation to the new charter legislation passed by the federal government in December 2019. The passing of the Special Recreation Vessels (SRV) Act of 2019, coupled with the closure of international borders, has contributed to an accelerated growth of the industry, encouraging larger superyachts to set up in Australian waters. Giant shiplift ‘Bessie’ at Austal Cairns Slipway, Queensland, is the largest on the Pacific coast and can handle vessels of up to 1,120 tonnes. Image: Austal Australia My Lady E, the largest Australian-based charter vessel, moored up at Coral Sea Marina & Resort in Airlie Beach, Queensland. The SRV Act removed red tape restrictions on superyachts operating commercially. Prior to this becoming law, the largest domestic charter yacht was 42m (138ft). The largest Australianbased yacht today is 74.5m (244ft), just one of eight vessels over 50m BOAT SHARE & CHARTER Image: Coral Sea Marina (164ft) now based in Australia since the passage of the Act. The resulting benefit is a significant rise in jobs across the Australian marine industry. The boom in big boats means a boom for shore-based jobs and investment in infrastructure to support them. Superyacht infrastructure has also expanded. Examples include: • New ship lift at Austal Cairns Slipway, Queensland • A million 163m (535ft) megayacht berth at Southport Yacht Club, Gold Coast • A 0 million expansion at The Boat Works, Gold Coast • Expansion plans to the tune of 8 million at Gold Coast City Marina and Shipyard • Expansion plans costing 0 million at Rivergate Marina and Shipyard, Brisbane • Ship lift at NT Government and Paspaley Darwin costing 0 million • An .6 million upgrade at Australian Marine Complex, Henderson, WA • A 6 million expansion at Ocean Reef Marina, Perth, WA Western Australia (WA) is home to Australia’s two large superyacht builders – Silver Yachts and Echo Yachts. Both yards have recently built superyachts with price tags in excess of million and are world leaders in superyacht manufacture. “We look forward to having more Australia built superyachts based here in Australia,” said David Good, CEO Superyacht Australia. “With such spectacular cruising grounds and two of the world’s best superyacht manufacturers, it’s only a matter of time before we will see a large Australian-built superyacht chartering here and showcasing the absolute best of Australia,” he added. The continued global growth of the superyacht industry, new legislation allowing foreign owned vessels to charter in Australian waters and the expansion of infrastructure will result in a significant boost to the Australian economy and job opportunities. – July/August 2021 49

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