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Cyclops Marine 2023 November - LEADERBOARD

CYCA Commodore visit to China, Superyacht industry benefits Queensland

20/04/2017

    
 21 Apr 2017
 
 
 
CYCA Commodore visit to China, Superyacht industry benefits Queensland

2016 China (Shanghai) International Boat Show  CYCA
China has been a sleeping giant for a number of years as far as the boating industry in Australia is concerned. However the China International Boat Show has grown year on year and this year John Markos, Commodore of the Cruising Yacht Club of Australia, will be making a visit to China that will take in the boat show. Invited by multiple parties from China, Commodore Markos will lead a delegation in late April and he will be taking the coveted Sydney Hobart race trophy, the Tattersall's Cup, with him. This is the first time in the nearly 73 year history of the race that the event organisers will travel to China. The delegation will visit Shenzhen, Guangzhou and Shanghai. They have also been invited to attend the opening ceremony of the China (Shanghai) International Boat Show in 2017.

Nikolas Delegat, Jim Delegat, James Delegat and Steve Cotton with the Tattersall's Cup  © Rolex/ Kurt Arrigo


Queensland news dominates this week's new letter and Australia's first economic study on superyachts has revealed how the industry benefits local business in Queensland more than anywhere else in Australia.

Abell Point Marina  Abell Point Marina


The AEC Group study found that, out of all states and regions in Australia, Southeast Queensland saw the most economic benefits from superyachts in 2016, with the industry contributing $630.2 million in gross state product (GSP), followed by Cairns and the Whitsundays with $374 million in gross state product (GSP). The study was commissioned by AIMEX and supported by the Queensland government to gain a clear understanding of the superyacht industry's current and potential economic contribution.

Superyacht catamaran at Abell Point Marina  Abell Point Marina


It found Australia's superyacht industry contributed a total of $1.97 billion to gross domestic product (GDP) in the 2016 financial year.

Also in Queensland, the Gold Coast's marine sector's newest servicing and maintenance facility, Boatmasters on Hope Island, is attracting a diverse range of boat owners with wildly different needs.

World championship winning yachtsman Michael Spies with Boatmasters' manager Gary Klein and the racing yacht they plan to race in next year's Sydney to Hobart.  Promedia


As an example, two vessels currently undergoing significant works at Boatmasters, a Transpac 52 Sydney to Hobart racing machine and a Horizon 68 cruising motoryacht, could not be more diverse.

ESS Racing Jacket Men's  Ross and Whitcroft


As we transverse from summer into winter there are some great autumn clothing bargains to be had. Ross and Whitcroft have an array of fashionable day wear on sale, although stock is moving fast. Musto have some great men's and women's jackets available which are ideal for this time of the year either for sailing on street wear.

Musto Women's Jackets  Musto Australia


Aveagooden


Peter Rendle, Sail-World.com



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