Please select your home edition
Edition




HKBIA seeks Government support to keep the leisure marine industry afloat

by Asia Yacht Press 14 May 2020 03:29 PDT
Kwun Tong Typhoon Shelter: needs to be properly planned and managed, not left to ad hoc `private development` © Guy Nowell

Hong Kong is home to the biggest concentration of pleasure boats in South East Asia, and is acknowledged as Asia’s most mature leisure boating community. But for how long? Recent months of restrictions have severely affected the business of the many SMEs that form the bulk of the industry in HK.

As a result of a recent survey conducted by the Hong Kong Boating Industry Association (HKBIA), members confirmed that they felt this sector was missing out on local government support that is available currently available to other service industry sectors.

In a direct approach to Hong Kong CEO Carrie Lam and relevant Government departments, the HKBIA has requested more support measures for the leisure marine sector in order to help it survive until the economy shows signs of recovery.

Short term solutions being suggested are the implementation of immediate cash handouts in line with those already given to retail and restaurants (up to HKD200,000), until Government subsidies can be enacted, job retention schemes including wage subsidies for salaried employees (80% of salaries up to a cap of $14,500/month for 6 months) and self-employed persons (based on declared average monthly salary levels.). Other measures outlined to help business survive included legislated rental reductions and increasing the value limit for 100% Government Guaranteed Loans, whilst allowing existing loans to be repackaged. Most importantly would be the relaxation of the government current restrictions preventing recreational boat usage for charter, sailing and racing, and allow the self-regulation of the required safety and social distancing rules.

All well and good, especially if some of these measures come to pass: however, it’s the longer-term solutions that could really to help the industry get back on its feet. Top of the list would be the development of public marina facilities in Hong Kong to stimulate industry growth. A good place to start here would be the Kai Tak / Kwun Tong typhoon shelter, where there is plenty of space for moorings - the lack of which has severely restricted the growth of the Hong Kong leisure marine industry’s growth – and the encouragement of international events and boat shows that could be usefully accommodated in the area. Other recommendations include the easier conversion of foreign boat operators’ licenses to local licenses, and the acceptance of what are otherwise considered to be ‘internationally recognised’ licences and certificates.

Hong Kong’s coastline and surrounding waterways involve 265 islands. The expansion of existing boating facilities would allow for the development of all manner of water sports and water based recreational activities, and provide public access to what is undoubtedly Hong Kong’s greatest natural recreational asset – the sea. This, in turn, would be beneficial to Hong Kong both economically and socially.

Expanding access to typhoon shelter moorings for vessels registered and permanently berthed in Hong Kong would help to reduce the pressure that results from a current lack of moorings. It would also contribute towards a more coordinated approach to the development of boating in the Greater Bay Area: boating infrastructure connections between Macau, Guangdong, Hong Kong and Shenzhen would see leisure marine opportunities multiplied tenfold.

Environmental issues are also addressed in the long-term recommendations made by the Association, and include allocating facilities for emptying grey water holding tanks in marinas and typhoon shelters, and finding better solutions to the disposal of obsolete boats by the promotion of recycling facilities.

The leisure boating industry in Hong Kong employs thousands of professionals and tradesmen, and is one of the fastest-growing work-force sectors in the SAR. The Hong Kong Boating Industry Association is the official representative of the industry, and aims to support its members throughout this period of crisis, and keep boating afloat in the future!

Related Articles

Australian Sailing releases strategic plan update
A summary of news relevant to businesses across Oceania Australian Sailing has released the 2025 update of its SAILING 2032 Strategic Plan, outlining progress across key initiatives designed to grow and support the sport nationally. Posted on 15 May
Trade war continues but progress being made
A summary of news relevant to marine businesses across North America Following talks over the weekend in Geneva, Switzerland, the U.S. and China agreed to a 90-day pause on the ongoing trade war between both countries. Posted on 14 May
General Election now over; time to look forward
A summary of news relevant to businesses across Oceania The Australian International Marine Export Group, together with Superyacht Australia has confirmed an impressive line-up of speakers for the Australian Superyacht Conference, to be held 19-21 May at The Langham Gold Coast, Queensland. Posted on 8 May
American Sportfishing Association urges action
A summary of news relevant to marine businesses across North America ASA President Glenn Hughes sent a letter to Trump Administration expressing support for its efforts to address global trade imbalances and strengthen U.S. competitiveness, while urging swift action to provide greater certainty and relief for ASA members. Posted on 7 May
Boat Show updates from Sydney and Melbourne
A summary of news relevant to businesses across Oceania The 2025 Sydney Boat Show is here and exhibitor applications are now open. Taking place from 14 to 17 August at the Sydney Showground, Sydney Olympic Park, this exciting new event format puts the marine industry front and centre. Posted on 1 May
Monaco in Hung Hom?
HK Government has big plans for harbourfront development “The yacht economy is not only about having a breakwater - in the cases of Barcelona and Monte Carlo, they have established an industry chain with supporting facilities including maintenance and gadgets.” Posted on 1 May
Tariff rates under further consideration
A summary of news relevant to marine businesses across North America According to an April 23 Wall Street Journal report, President Trump is considering reducing the tariff rate on Chinese imports to 50-65%. Posted on 30 Apr
Women's roles in our industry are undisputed
A summary of news relevant to businesses across Oceania The AMSA invited BIA recently to record a video Q&A to highlight the work of industry to promote women in the boating sector to all Regional Safety Committees around Australia. Posted on 24 Apr
"Steady as she goes" is the industry message
A summary of news relevant to marine businesses across North America As the recreational boating industry faces shifting economic tides, understanding the sentiments of its leaders has never been more critical. Posted on 23 Apr
Easter is a time for industry reflection
A summary of news relevant to businesses across Oceania As Australians prepare to enjoy the Easter long weekend, the Boating Industry Association (BIA) anticipates a surge in recreational boating activity across the nation's waterways. Posted on 17 Apr