Superyachts come to Gold Coast for Australian Superyacht Rendezvous

Bigwigs of the lucrative superyacht industry are Gold Coast-bound for its annual Rendezvous event aimed at spruiking southeast Queensland as a cruising ground.

BIGWIGS of the lucrative superyacht industry are Gold Coast-bound for its annual Rendezvous event aimed at spruiking southeast Queensland as a cruising ground.

Seven floating palaces have already arrived at Gold Coast City Marina for this weekend’s third Australian Superyacht Rendezvous, founded by marina CEO Trenton Gay.

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GC City Marina boss and Superyacht Rendezvous Organiser Trenton Gay with the line up of seven of the 20-plus superyachts coming for the event behind him. Photo by Richard Gosling.

More than 20 with a total value of more than $250 million will be lined up at the Coomera shipyard, forming a stunning backdrop for the weekend-long Rendezvous, culminating in an invite-only VIP party on Saturday night.

Mr Gay said the Coast’s Rendezvous was one of a handful of superyacht-only events staged around the world in popular superyacht charter destinations such as Cannes, Kata Rocks, Montenegro and St Tropez.

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Where you’d rather be. Photo by Richard Gosling.

“It is estimated there are more than 5000 superyachts in the world and 200 are based in Australia — a figure growing each year as more Australians join the yachting movement to capitalise on the lifestyle opportunities it offers cruising the unique and intrepid cruising grounds of the South Pacific region.

“Australia is poised to take advantage of this southern hemisphere migration of superyachts thanks to our world-class marine refit and repair facilities,” he said.

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There will be plenty of superyachts. Photo by Richard Gosling.

“The Australian Superyacht Rendezvous is about putting Australia and the broader Asia Pacific region on the world superyacht stage to say ‘We’re ready’ and welcoming of superyachts to our region.”

Chartered superyachts in port can spend thousands a day just on floral arrangements.

Industry cheerleader Superyacht Australia estimates the economic value of the sector will grow to $3.34 billion by 2021 up from $1.96b in 2016.

Superyacht building giant Benetti are hosting an Australian-first showcase to coi-ncide with the Rendezvous.