Boat show brings motza to marina
MORE than $180 million worth of luxury and trailer boats, high-end cars, jet skis and marine gadgets are on deck for the Sanctuary Cove International Boat Show.
A week out from the major marine event’s 29th instalment, organisers have revealed the tally of displays includes $130m worth of onwater boat displays alone.
They include the biggestever exhibition by major Gold Coast boat builder Maritimo which will be showing off its new Sanctuary Cove display base and unveiling its latest state-of-the-art model.
Maritimo, which unveiled a new on-and-off water showroom at Sanctuary Cove marina in February, will have a $25 million exhibition with more than 10 models during the four-day show starting next Thursday.
Buoyant Maritimo owner and Australian boat building identity Bill Barry-Cotter said demand had hit a stage where the company could produce more but wouldn’t necessarily ramp it up to meet it.
The firm’s Coomera factory has a book of forward orders up to 18 months ahead with 12 vessels under construction constantly.
Mr Barry-Cotter said the market demand in the luxury cruiser segment was for bigger and more custom boats.
Production for everyone was still down on where it had been prior to the Global Financial Crisis but order growth had been constant since 2012 at Maritimo.
“The boats, particularly the Australian boats, the quality has got better, we’re chasing a smaller market but a much more high-end product,” Mr Barry-Cotter said.
Maritimo general manager of operations Phil Candler said the company had strong orders right across its range from 51 to 70 footers.
Early-stage designs were being done for 75 to 90 footers while it had chosen Sanctuary Cove to debut its latest model, a state-of-the-art S59 sedan cruiser worth $2.05m.
Gold Coast’s premier motor yacht brand Whitehaven will launch its latest custom model, a 6000 Flybridge motor yacht while show organisers say a dedicated fishing, trailer and leisure boat area has been expanded by 1500 sq metres.
Show sales and exhibition manager Dominic O’Brien said the debut of the dedicated “Boatyard” space last year had been inundated for 2017.
“There is no question the under 10-meter vessel registrations are the bulk of the industry in Australia,” he said.
Sanctuary Cove International Boat Show sales and exhibition manager Dominic O’Brien