Global yachting market projections produced by Deloitte - MarineBusinessWorld Oceania newsletter
by Peter Rendle 14 May 22:00 BST
The State of the Art of the Global Yachting Market report produced by Deloitte in partnership with Confindustria Nautica is presented in Milan © Giulio Testa
The global market for new boat builds in the 2023-2025 period has stabilised (-2.1%, standing at €33.3 billion), however the Italian boatbuilding industry has managed to buck the trend (at around +5% in the same period). Approximately 70% of Italian production value is attributable to large yachts and superyachts, confirming the Italian focus on the high-end segment of the market.
These are just a preview of the findings listed in the fourth edition of The State of the Art of the Global Yachting Market, a report produced by Deloitte in partnership with Confindustria Nautica (Italian Marine Industry Association) and presented at the headquarters of the Italian Stock Exchange.
Planning is well under way for the Melbourne Boat Show. A recent meeting at Melbourne City Marina brought together key partners to fine-tune marina options. For BIAV members, it's more than just turning up; it's a genuine opportunity to put your business in front of the right audience, strengthen existing relationships, and create new ones. It's where conversations happen, ideas are shared, and real business value is built, all while being part of a connected industry working to grow boating in Victoria.
Five leading boatyard experts explore the technologies, operational strategies, and key decisions shaping the future of boatyards within modern marina precincts. The boatyard sector is undergoing a period of significant transformation, shaped by emerging technologies, increasing environmental compliance obligations, evolving workforce expectations, and the growing integration of boatyards within modern marina precincts. The 1-2pm session on 26 May explores the operational realities and strategic decisions facing operators today and into the future.
The Board of Boating Industry Association (BIA) is proud to announce the historic election of Tracy Souris as its new Board Chair and President. In a milestone moment for the Australian marine industry, Souris was today unanimously supported by the Board, becoming the first woman to lead the organisation since establishment in 1960. The BIA last year reported a national industry turnover of more than $10.2 billion, supporting over 2,000 businesses and employing approximately 35,000 people.
The Australian marine industry's leading businesses and professionals will gather at The Langham Gold Coast, where the winners of the Australian Marine Industry Awards will be announced at the Gala Dinner on 19 May. A highlight of ASMEX 2026, the Awards recognise excellence, innovation and leadership across the superyacht, commercial and export sectors, celebrating the individuals and organisations driving Australia's reputation as a world-class marine industry.
The Royal Prince Edward Yacht Club confirmed that their challenge for the Louis Vuitton 38th America's Cup, Naples, the sixth in strict line of entry, has been accepted by the Royal New Zealand Yacht Squadron. Representing the Club will be Team Australia with backing from John Winning and family who so fantastically supported the Australian entries in the Youth & Women's America's Cup in Barcelona in 2024.
The Marina Industries Association (MIA) announced that Malcolm Page OAM, one of Australia's most celebrated Olympic sailors and current Chief Executive Officer of Australian Sailing, will deliver the closing keynote address at the Marinas26 International Conference & Trade Exhibition, to be held at the RACV Royal Pines Resort, Gold Coast, Queensland, from 24-27 May.
More marine industry news at www.marinebusinessworld.com/Oceania from the largest boating news network.
Peter Rendle - peter.rendle@worldmarine.media