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BSE Cairns Slipways put the world’s largest mobile boat hoist to use as it welcomed 54m Baglietto superyacht Mischief last week.
A number of superyachts have migrated to the South Pacific region where travel exemptions for superyachts, along with remarkably low cases of Covid-19, have created a promising safe haven. Over the past few weeks, entry to Australia has been negotiated for 11 vessels, with further applications inbound and the potential of a South Pacific Bubble bodes well for prospects of travel.
During a weekend of Australia Day celebrations David Good, CEO of Superyacht Australia, met with Superyachts.com to discuss a watershed moment that carries the potential to double the size of the Australian superyacht industry. The passing of a new Special Recreational Vessels Bill has opened the country up to the charter of foreign flagged vessels, marking the end of a long struggle to break free from shackles which had impeded the industry from reaching its full potential. The impact of this cannot be overstated, and a renewed air of optimism is sweeping across all corners of the industry here in Australia.