The money in boats
EFFORTS to entice more foreignflagged superyachts to our region are well worthwhile.
Here is a very lucrative market that fits right in with what tropical north Queensland has to offer.
We’re already on the page – Port Douglas, with its six resident superyachts at the Reef Marina, is now the second biggest port for such vessels outside of Rozelle Bay down in Sydney — a home to huge vessels.
We already have the facilities – very large boats can berth in Cairns (the biggest ocean liners are another matter) – and the three main engine makers all have workshops in Cairns too.
Of course what superyacht owners get access to is one of the world’s best cruising coasts, from here all the way to PNG.
Fantastic ocean and reef environments, amazing land-based touring, privacy and seclusion, and first world amenities. What’s not to like.
At Port Douglas they walk from the new superyacht berths to a wonderful refurbed/new marina and further on in a short distance to world class restaurants. It’s easy. It’s small. And above all it’s very casual.
There are all sorts of spin offs from this type of visitation. Occasionally they book rooms for their crews in local resorts to give them a bit of dry land time.
They shop locally for provisions and fuel. They use local guided tours, world’s best marlin fishing charters and other services. Money goes around. There’s another thing too – this type of visitation confers a prestige that Port Douglas deserves. It has the small footprint that suits our destination and indeed our way of life.
In an ever more crowded, dirty and unstable world, this is the place wealthy people will steadily appreciate more and more.