27 August 2020
Since the closure of international and state borders, the superyacht maintenance industry has provided a bright spot for the Queensland economy.
At the start of 2020, a significant number of vessels were repositioning from the Mediterranean and Caribbean to the Pacific ready for the now-postponed Tokyo Olympics and the upcoming America’s Cup in New Zealand. From March, Australia and particularly Queensland, saw a huge increase in enquiries for refit and maintenance work because of COVID-19.
“Vessels brought forward their next two years’ worth of planned maintenance when it became obvious that guests would not be able to travel and enjoy the use of the vessels for some time,” David Good, CEO of Superyacht Australia explained.
“Since March, Queensland has seen 19 vessels inject $16 million including $9.95 million in refit and maintenance.”
Queensland is a major refit and maintenance provider for superyachts in the Asia–Pacific region, with eight separate facilities employing 2,300 highly skilled tradesmen.
Good commented, “Queensland had already experienced an 80-percent increase in economic contribution year on year in 2019 and fortunately, we have been able to continue to allow these vessels to enter Queensland during the current crisis.”
“It is essential that our professional captains and crew abide by the strict quarantine rules set out by state and federal governments so that these thousands of jobs and millions of dollars of economic contribution are not put at risk,” he continued.
“We look forward to continuing to working with government on ensuring safe procedures that allow quarantine in transit and on board that does not put the community at risk and allows this important industry to continue.
“Any individual that doesn’t want to abide by those procedures needs to think of the thousands of workers whose livelihoods they are putting at risk by their selfish behaviour.”