Please select your home edition
Edition




Australian marine industry's global involvement - This week's MarineBusinessWorld.com newsletter

by Peter Rendle 28 Nov 2019 14:00 PST
Comanche at idle at Sydney City Marine © John Curnow

There is no doubt that marine industry in Australia is part of a global industry. This is emphasised by the recent government announcement. Yesterday, the Morrison Government introduced the Special Recreational Vessels Bill 2019 that will allow foreign owned superyachts to charter in Australia.

The ability for these vessels to charter will unlock an estimated 11,800 jobs and $1.64 billion in revenue to the Australian economy by 2021. Charter vessels make up more than half of the world's superyacht fleet. There are currently more than 5,000 superyachts in the world, growing each year by an additional 150 new yachts. Previously these vessels could not operate commercially in Australia unless they fully imported the vessel, which was a major deterrent to foreign superyacht owners considering cruising Australian waters.

Further indications of our global commitment is reflected in the Marina Industries Association's (MIA) announcement of its fourth international study tour to California, one of the five largest marina industry states in the US. This study tour is organised by MIA and is endorsed by the Global Marina Institute and hosted by local marina experts. This study tour will be for three and half days visiting a selection of state-of-the-art facilities that are privately-owned, family-owned and managed by the government.

And in Europe the presence of Australia's leading brands was once again very strong at the 2019 METSTRADE Show, recognised as the world's largest trade exhibition of marine equipment, materials and systems. Renowned for its representation of high quality and innovative Australian marine products, the Australian and Superyacht Pavilions at METS retained the most reputable companies in the industry promoting their superior skills and expertise. Of these leading brands were two nominees for the 2019 Dame awards, CST Composites and AMI-TMQ International. AMI-TMQ International were recognised for their new EEL Emergency Escape Light which helps prevent loss of life at sea. The product is the first of its kind, it automatically activates upon detection of an abnormal roll angle and also illuminates when immersed in water. CST Composites nomination was for their Tow Pro Pack, the latest innovation for Moth masts, which offers two Bases and four Tips for different stiffness combinations.

In Spain, the annual Yacht Racing Forum took place in Bilbao with 365 attendees from all corners of the globe and significant support from the local Bizkaia Government in Northern Spain. A keynote speech was made by legendary American professional sailor and technology developer Stan Honey, who shared his predictions for the sport kept the audience enthralled. Looking at changes, Stan reminded delegates that in recent years in particular offshore records had reached a plateau. Whilst attempts continue, many records in the offshore sailing world weren't changing very often. As foiling boats now take to the oceans, Stan predicts that is all about to change. All of the major records will likely be broken and we will have a new normal.

Back in Australia summer approaches and the boating season gets serious. This year the CYCA celebrates the 75th Rolex Sydney Hobart. If you are competing and you need the Sea Safety and Survival Certificate, now is the time to book your course at the Pacific Sailing School in Rushcutters Bay, New South Wales. This Course assists offshore skippers and crews in developing awareness of respective responsibilities. To offer and discuss practical strategies for coping with emergencies at sea. To familiarise skippers and crews with safety and emergency equipment, its purpose, deployment, and use. This course is also suitable for cruisers or those wanting to learn more about safety on the water.

If you are sailing south or anywhere for that matter this summer, you may want to take a look at the latest releases from Zhik. New for 2020 is Zhik's APEX range of jackets, shorts and long pants, made from a highly breathable, two-layer, waterproof fabric with a DWR (durable water repellent) coating and fully-taped seams. The APEX jacket is an all-round coastal/offshore jacket with an adjustable hood, high offshore collar and tapered faceshield that tucks into a stowaway pocket. There are two large utility pockets, a chest pocket and fleece-lined hand warmers.

Aveagooden!
Peter Rendle 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
Let's talk about Boating Awards in Asia
... and how thay can be improved It's Boating Awards season in Asia. Time to put on the dinner jacket or the little black dress, and get up on stage for some accolades and the grip-and-grin photos. Posted on 24 Apr
SYF is back, bigger and better
Superyachts, power, sail, hovercraft, Ferraris and more The 2nd Singapore Yachting Festival (SYF) opens tomorrow. This key event is a ‘must do' on the Asian boating calendar. The SYF brings together leading brands, yacht buyers and HNWIs Posted on 20 Apr
Sanctuary Cove show is only five weeks away
A summary of news relevant to businesses across Oceania The Australian International Marine Export Group (AIMEX) is delighted to unveil the highly anticipated return of the AIMEX Garden at this year's Sanctuary Cove International Boat Show, 23-26 May. Posted on 18 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
InvestHK partners with the Asia-Pacific Superyacht
Last chance to buy early bird tickets SuperYacht Times is also proud to announce that InvestHK has joined as a platinum sponsor for the event. Posted on 13 Apr
The BIA teams up with AIMS
A summary of news relevant to businesses across Oceania The Boating Industry Association Ltd (BIA) has teamed up with the Australasian Institute of Marine Surveyors (AIMS) to support and educate the industry, and public for safer outcomes of new and used vessels. Posted on 11 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
Safety at sea a major consideration
A summary of news relevant to businesses across Oceania BIA (Boating Industry Association of Australia) members are invited to suggest issues to raise at an upcoming peak national consultative meeting in May with AMSA. BIA Ltd represents the industry at AMSA's National Safety Committee throughout the year. Posted on 4 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