Please select your home edition
Edition
2024 fill-in (top)

MarineBusinessWorld.com Newsletter: Industry news from home and overseas

by Peter Rendle 15 Sep 2018 15:00 PDT
Boats like Maritimo's new X60, seen here on Sydney Harbour, could benefit from new trade arrangements © John Curnow

At Marine Business World we believe it is important to give the boating industry news that may have an effect on the whole of the Australian economy. This week we report of a trade agreement made between Australia and Indonesia.

Australia and Indonesia have concluded an agreement that will create a new era of closer economic engagement between the two nations and open new markets and opportunities for businesses from both countries. The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) will drive growth for Australian business by creating new opportunities in Indonesia.

Stepping outside Australia again, Thailand's east coast has seen steady growth in the boating sector in recent years, bolstered by domestic interest in chartering and buying sailing yachts and motor craft, and supported by the region's key consumer event, the Ocean Marina Pattaya Boat Show, which is set to take place for the seventh time from 29 November to 2 December, 2018 at the award-winning Ocean Marina Yacht Club.

Locally, 23 Marina and Senior Managers from Australia, New Zealand, Taiwan and Singapore participated in the Sydney Marina & Boatyard Study Tour. Eleven marinas and boatyards in the Sydney Harbour and Pittwater hosted the group. They learnt about modern, innovative and technological advances in the industry.

Education is becoming a more prominent feature in the industry and this week Multihull Central and Pacific Sailing School hosted the first information session on sail training programs run onboard catamarans. Pacific Sailing School is one of Australia's longest established and most respected sailing schools, which is widely recognised internationally as the benchmark for sail training. Pacific Sailing School will deliver first class training, with their tried and tested program to be adopted for catamarans sourced by Multihull Central, utilising experienced and qualified catamaran skippers.

New products this week include the Simrad R5000 Series, a leap forward in commercial-grade radar solutions. Available in a range of configurations to meet the requirements for type-approved X- and S-Band radar systems aboard CAT 1 and CAT 2 SOLAS vessels, including high-speed craft, the Simrad R5000 radar's modular design makes it easy to create a single or multi-radar system for vessels of any size and type.

And anything that makes docking easier is worth a mention. The new, state-of-the art Dockmate® wireless remote-control system will allow a boater to easily operate single or twin engines, thrusters, anchor winch and horn from anywhere on board with a small handheld device. The Dockmate® is a wireless extension of a boat's controls and it has the exact same feeling and response time of the accessories mentioned above.

While we have now officially entered spring, it is still a bit chilly. So, take a look at some new Musto items. Transitional pieces created to offer exceptional warmth and comfort when you need it most. Styled to make a lasting impression.

Aveagooden
Peter Rendle, Sail-World.com

Related Articles

NMMA announces optimistic outlook for 2024
A summary of news relevant to marine businesses across North America In a new 'Marine Minute', the NMMA President, Frank Hugelmeyer, shares NMMA's take on the current state of the recreational boating industry, including a look at consumer behaviors and demand in 2023 and how that's shaping opportunities in 2024. Posted on 24 Apr
Advocacy event to discuss what affects industry
A summary of news relevant to marine businesses across North America The recreational boating industry is preparing for its highly anticipated annual advocacy event, the American Boating Congress (ABC), taking place from May 8-10, 2024 in Washington, D.C. Posted on 17 Apr
Training & education an important industry aspect
A summary of news relevant to marine businesses across North America The Basic Marina Operations Training Guide is a tool for entry-level marina professionals. Designed as a self-study course for people who are just starting out in the marina industry. Perfect for new and seasonal employees. Posted on 10 Apr
Fishing partnership to raise participation
A summary of news relevant to marine businesses across North America The Recreational Boating & Fishing Foundation, whose mission is to increase participation in recreational fishing and boating, along with its consumer brand, Take Me Fishing™, today announced an integrated partnership with Sport Fishing Championship. Posted on 3 Apr
Data essential for all marine industry segments
A summary of news relevant to marine businesses across North America NMMA's January 2024 Monthly Shipment Reports (MSR) are now available to download. These reports track and analyze industry wholesale shipments using data from a control group of boat, engine, and trailer manufacturers. Posted on 27 Mar
Sailing news, a feature this week
A summary of news relevant to marine businesses across North America SailGP, one of the fastest growing global sports and entertainment leagues, has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2024. Posted on 20 Mar
Political decision causes a stir in the industry
A summary of news relevant to businesses across North America This week, the NMMA expressed disappointment with the decision by the Department of Commerce to advance the North Atlantic right whale (NARW) Vessel Strike Reduction Rule to the Office of Management and Budget (OMB). Posted on 14 Mar
Industry pressing key issues at boating congress
A summary of news relevant to businesses across North America Registration for the recreational boating industry's annual advocacy event, the American Boating Congress, is now open. Posted on 6 Mar
The industry continues to move forward
A summary of news relevant to businesses across North America The Discover Boating® Miami International Boat Show® concluded its five-day run, attracting buyers from around the world to shop the most comprehensive showcase of the newest boats, yachts, tech, gear and marine innovations. Posted on 28 Feb
Miami Boat Show activity makes news this week
A summary of news relevant to businesses across North America The NMMA and Boating Writers International (BWI) honored 13 recipients and two honorable mentions with the 2024 Miami Innovation Awards during the Industry Breakfast at the Discover Boating® Miami International Boat Show®. Posted on 21 Feb
North Sails Performance 2023 - FOOTERSelden 2020 - FOOTERJ Composites J/99