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Marine Resource 2016

Strong Australian dollar pushes yacht transport

by Lee Mylchreest on 3 Feb 2012
Lift-on lift-off yacht transport makes buying a yacht in another country a viable proposition .. .
Yacht transport companies are finding new business from the effect that currencies have on the yacht market. With a strong Australian dollar pushing sailors Downunder to purchase yachts overseas, especially in the USA, Dutch company Sevenstar Yacht Transport achieved no less than 23 sailings for loading and discharge in Australia in 2011.

The company says it is on its way to exceeding this amount in 2012, already having two sailings bound for Australia into both Newcastle and Brisbane over the past week. Other ports to be called into this year are Fremantle, Sydney, Brisbane and Melbourne.

The sailings bring a mix of both used and new vessels for local owners and boat brokers.

'It’s an interesting time to be working within the marine transport industry' says managing director of Sevenstar Yacht Transport Australia, Dean Sharples, 'We're seeing interest in both imports and exports of yachts with plenty of people taking advantage of the strength of the Australian Dollar.'

Just one and a half hours north from Sydney lies Newcastle City. Newcastle, a city that is famous for its heavy industry as well as being one of the major coal export regions within Australia, is now adjusting to the increasing number of yachts arriving on its doorstep. With the growing interest in yachts, Newcastle has become the gateway to endless possibilities for the yachting community. The region is becoming the embarkation point for those looking to cruise Australia’s shores or for those looking to ship their yacht overseas.

The ongoing arrival of Sevenstar Yacht Transport's vessels, carrying dozens of yachts to and from the USA and Europe has seen this interest grow. Yachts, both power and sail, converge on the seaside city, bringing in work for the local marine industry.

The managers at the Newcastle Yacht Club are kept busy with new customers and returning clients alike; all looking for somewhere to berth or engage one of the many local marine services to maintain their pride and joy.

The first of these shipments for the year will see a range of yachts loaded in Newcastle; local Australian builders taking advantage of selling on the international market; charter yachts looking for new opportunities of work in other regions and those looking for a new holiday experiences aboard on their own privately owned vessel. 'The strength of the Australian dollar against the Euro and US Dollar is making holidaying on your own yacht in either the Caribbean or Mediterranean much more appealing.' says Dean. 'And with the broad range of sailings that Sevenstar offers worldwide, now is a great time to see the world.'

About Sevenstar Yacht Transport:
Sevenstar Yacht Transport is the world's leading provider of yacht transportation services on a lift-on-lift-off basis. A global network of destinations ranging from the familiar to the exotic, and its own fleet of around 125 independent carriers have propelled Sevenstar to the peak of its sector in just more than 25 years. Innovation, flexibility and competitive pricing have been the key to Sevenstar’s success. The companies' customized approach and unique package of services is only set to increase as nobody else offers such a comprehensive service
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