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With the announcement that the 2032 Olympic Games have been awarded to Brisbane, Australia’s “River City” will be preparing for an influx of superyachts. The capital of Queensland is already establishing itself as a major superyacht hub for the Asia Pacific region, and the Olympics becomes the latest reason for yachts to try something new Down Under.
Adventure, curiosity, and a thirst for something new are key components of any superyacht itinerary. So, when an entirely new possibility opens itself up, it is natural to expect that Captains, owners, and charterers will want to be among the first to discover it. This is being seen in Australia following the passing of new legislation last December to allow the charter of foreign flagged vessels. Superyacht Australia has released new data that shows positive results for superyacht visitation, starting with one particularly high-profile case…
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 charter for 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.