Please select your home edition
Edition
SW newsletters (top)

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

Trade deal looks positive for 2020 world economy
Peter Rendle's latest Australian MarineBusinessWorld.com newsletter Following an announcement of a trade deal between the US and China, governments globally are taking a deep breath as the economic outlook for 2020 takes a more positive turn. Posted on 16 Jan
The New Year brings an optimistic economic outlook
Peter Rendle's latest North American MarineBusinessWorld.com newsletter Happy New Year to all our subscribers and we hope that 2020 is a prosperous year for all marine businesses. While the world economy 'tiptoes' along at the moment it appears that President Trump is relaxing some trade tariffs. Posted on 16 Jan
Will electric propulsion become the norm?
Peter Rendle's latest Australian MarineBusinessWorld.com newsletter This week's industries news emphasises the global nature of marine business and while Australian manufacturers continue to export, European products continue to be imported and electric propulsion is likely to make an increased impression. Posted on 9 Jan
Another year passes and a new decade begins
Peter Rendle's latest Australian MarineBusinessWorld.com newsletter While we despair at the current situation in Australia and the ongoing fire emergency being experienced particularly in Victoria, South Australia and New South Wales it's the time of the year when we reflect on the past year and look forward. Posted on 3 Jan
Boxing Day and the Hobart bring mixed feelings
Peter Rendle's latest Australian MarineBusinessWorld.com newsletter As many of us watched the Rolex Sydney Hobart start while out on Sydney Harbour or via the live television broadcast on Boxing Day, other more serious events were taking place on land. Posted on 26 Dec 2019
Mariners Diary 2020 - the handiest boating book
Everything a yacht or power boat skipper needs to know I've just received my copy of the Mariners Diary, a 426 page tome that includes everything a yacht or power boat skipper needs to know when undertaking a coastal or offshore voyage. Posted on 23 Dec 2019
Bush-fires rage but marine industry powers through
Peter Rendle's latest Australian MarineBusinessWorld.com newsletter It's not every day that one wakes to the acrid smell of smouldering residual timber and grassland after fire has swept through the bush. But in Sydney we are becoming used to it. Posted on 19 Dec 2019
Thailand anyone? Is this the ideal job?
Peter Rendle's latest Australian MarineBusinessWorld.com newsletter It's the time of the year when we look forward to taking a few days off over the Christmas break with the opportunity to watch the start of the Rolex Sydney - Hobart and follow the fleet down the East coast of Australia. Posted on 12 Dec 2019
Industry leaders gather to discuss boating issues
Peter Rendle's latest North American MarineBusinessWorld.com newsletter In this month's North American marine industry newsletter we hear from a panel of distinguished national boating leaders who serve as a sounding board for the nation's boater advocate, Boat Owners Association of The United States (BoatUS). Posted on 11 Dec 2019
Recycling - the industry conundrum
Peter Rendle's latest Australian MarineBusinessWorld.com newsletter As a consumer-based economy, the discussion around recycling is an ongoing subject between the cost of recycling or using land fill to dispose of our used commodities. And the boating industry is no exception. Posted on 5 Dec 2019
MBW newsletters (top)