The organising committee of the Gold Coast International Boat Show and Marine Expo in Australia plans to cancel next year’s show. A statement said the show would be “halted effective 2018”.

The Gold Coast show, which started in 2011, originally launched in October of 2011 to showcase Coomera boatbuilders. In 2015, it changed dates to run at the same time as the Sanctuary Cove International Boat Show (SCIBS) in May. After pressure from participating builders, equipment suppliers and the Boating Industry Association, the show dates last year were changed to March. Organisers said 23,000 visitors came to see more than 600 exhibited boats during its three-day run.

The organising committee said that it “reluctantly” came to the decision because its boat builders “are now bustling as a result of new-boat sales and the hardstands and re-fit sheds are a hive of activity.” It added that space for the show had become a “significant consideration”.

“The show helped to cement the Gold Coast Marine Precinct as the boating industry capital of Australia,” said Emma Brown, the event’s marketing manager, in the statement. “It is the only boat show to be held in the biggest shipyards and boat factories in the country, showcasing the marine industry in a truly unique way.”

According to the Herald Sun, the heads of the Marine Expo had always said the decision to run the show on the same days as SCIBS “was an attempt to create a drawcard long weekend with the Gold Coast hosting the biggest marine event in the country.”