Australia’s domestic superyacht industry booming

Australia is experiencing a boom in its superyacht industry, doubling in size. Vessels have been attracted to Australia and its buoyant domestic charter market. With borders closed, many superyachts have moved to Australia to offer a luxury alternative to overseas travel. This increase in charter activity in Australian waters provides a huge economic lift for the country.

Seemingly this increase in vessel activity has a direct correlation to the new charter legislation passed by the federal government in December 2019. The passing of the Special Recreation Vessels (SRV) Act of 2019,  coupled with the closure of international borders have contributed to accelerated growth of the industry.

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New production facility as Oyster Yachts makes a significant investment

New production facility as Oyster Yachts makes a significant investment
New production facility as Oyster Yachts makes a significant investment

Oyster Yachts is undertaking a considerable expansion programme by acquiring an additional 27,000 sq ft at the Hythe Marine Park, Southampton. The additional space will be used to create a state-of-the-art production facility for the new Oyster 495 yacht.

“With several Oyster 495s already sold, investment in this dedicated production facility fits seamlessly with our growth strategy,” says Oyster’s CEO Richard Hadida. “We have great plans for Hythe Marine Park, this location is already a centre of excellence for boat building, and it is the ideal location for our expansion of Oyster.”

Oyster Yachts is moving into the historic Grade II listed Continue reading “New production facility as Oyster Yachts makes a significant investment”

First ever UKCA RCR certificate issued by HPi-CEproof

First ever UKCA RCR certificate issued by HPi-CEproof
First ever UKCA RCR certificate issued by HPi-CEproof

Oxfordshire-based company, HPi-CEproof has issued the Princess X95 with the first ever UKCA RCR certificate of conformity, following the new UK Recreational Craft Regulations which came into force on 1st January this year. HPi-CEproof is currently the only Approved Body empowered to issue ‘UKCA mark’ certificates, enabling compliance with the post-Brexit UK Recreational Craft Regulations.

Celebrating the significance of its appointment, HPi-CEproof auctioned the rights for a boatbuilder to be assessed for RCR certificate number one. Proceeds were split equally between the Blue Marine Foundation (BLUE) and British Divers Marine Life Rescue. No fees were charged for the assessment.

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Investigation report into collision between motor yachts Minx and Vision published by MAIB

Close-up view of the damage to motor yacht Minx’s bow

MAIB has published a report on the investigation into collision between motor yachts Minx and Vision.

In the evening on 25 May 2019, the Gibraltar registered motor yacht Vision collided with the UK registered motor yacht Minx, which was anchored at Île Sainte-Marguerite, near Cannes, France. Minx’s crewman was on the foredeck and there was nothing he could have done to prevent being fatally struck by Vision’s bow. The accident happened because Vision’s skipper underestimated the risk associated with attempting a fast, close pass by the anchored Minx, a manoeuvre intended to provide an opportunity for the guests to wave goodbye, as the charterer had asked. Vision’s skipper had also consumed cannabis, which is likely to have impaired his judgement. Continue reading “Investigation report into collision between motor yachts Minx and Vision published by MAIB”

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