Telwater tinnies to Russia
by Jeni Bone on 18 Jun 2008
Quintrex tinnies are renowned for their durability and good looks. MIAA
Australia’s largest builder of aluminum boats, Telwater Pty Ltd, is now shipping ‘tinnies’ by the container load to Russia, Europe’s largest emerging economy.
Based at Coomera on Queensland’s Gold Coast, Telwater Pty Ltd manufactures welded boats and crafts from aluminum-magnesium alloy under the trade mark Quintrex.
While the aluminum ‘tinnie’ was once deemed a ‘rough ride’, advances in building techniques – including improved strength, enhanced design features and the light weight of aluminum – have won over Russian fishermen and leisure seekers.
The company was alerted to demand for innovative boat designs in Russia by Austrade’s Moscow-based Business Development Manager.
Austrade’s Chief Economist Tim Harcourt says this outstanding export growth is not a one-off result and should be seen in the context of increasing stability and consistent economic growth in Russia.
“The Russian Federation has achieved an annual average growth rate of around 7% since 1999 and is diversifying its trading strengths beyond its substantial oil, gas and energy sectors.
Russia is also rapidly becoming an emerging partner in the global economy through trade and outward investment,” he said.
More at www.telwater.com
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