Market Intelligence Legacy

Australia’s superyacht sector expands 100% with new law driving charter growth

> , By 2021-04-01T10:36:00

Darwin ship-lift project

More yachts, larger yachts and major infrastructure investment all part of expansion

After a battle over a number of years to open up the Australian charter market to foreign-flagged yachts, a new law passed in 2019 has provided the trigger for a doubling in size of the country’s superyacht activity since.

This expansion involves…

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