The Triton

News

Australia to study impact of yachts

ADVERTISEMENT

Superyacht Australia, with support from two of Queensland government’s key ministers, will pay for an economic impact study into the superyacht industry in Australia.

“We want to understand the significant tourism value our industry contributes,” said organization CEO MaryAnne Edwards. “The study will also identify future economic opportunities provided by the growing global superyacht market and be a great tool to lobby both state and federal governments to institute policy and regulations to support these opportunities.”

As Australia will host the Commonwealth Games in 2018, the Gold Coast is preparing for an increase in the number of visiting superyachts.

“By supporting the growth and development of the superyacht industry, we aim to give marine businesses around the Queensland coastline new contract opportunities to provide food and fueling services, bunkering, maintenance, private jet services and crew pit stops,” said Minister for State Development Anthony Lynham.

Queensland Treasurer Curtis Pitt backs Superyacht Australia’s efforts to pass legislation to allow foreign-flagged superyachts to charter in Australia.

 

Related Posts...
The Florida Department of Transportation issued a feasibility study for Read more...
A charter cruise aboard a Miami yacht was abruptly ended Read more...
A 20m yacht burned today, June 17, near Porto Venere, Read more...
Ice loss in Antarctica has tripled in a decade, pouring Read more...
The head of a yacht sharing program convicted of defrauding Read more...

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Editor’s Picks

Crew Compass: Make time for yourself

Crew Compass: Make time for yourself

Crew Compass: by Lauren Loudon One thing that I’ve found difficult on boats over the years is making time for myself and doing things …

Latest news in the brokerage fleet: Bandido sells; Saint Nicholas, Rock.It listed

Latest news in the brokerage fleet: Bandido sells; Saint Nicholas, Rock.It listed

Yachts sold M/Y Bandido, a 137-foot (41.8m) Westport launched in 1989, sold in an in-house deal by Ocean Independence broker Chris …

Derecktor, Haack bid for Fort Pierce yacht facility

Derecktor, Haack bid for Fort Pierce yacht facility

By Dorie Cox Two bids to develop a megayacht repair facility in Fort Pierce, Florida, are under evaluation. Derecktor Holdings Inc. and …

Antarctic ice melt speeding up, scientists report

Antarctic ice melt speeding up, scientists report

Ice loss in Antarctica has tripled in a decade, pouring more than 200 billion tons of ice into the ocean each year, according to new …