More Yachts To Visit Marina This Year

Port Denarau Marina is expecting more than 700 vessels visiting its shores this year.

Considered a hub for the country’s visiting super yachts, the marina welcomed 554 yachts and 65 super yachts last year.

Port Denarau Marina general manager Cynthia Rasch said the 2017 yachting season was a record year for the company.

“The 2017 yachting season was a record year with 65 super yachts visiting the country,” she said.

“This shows strong growth from 2016 following Cyclone Winston.”

She said Government’s reduction of the Super Yacht Charter Tax from 12.5 per cent to 10 per cent would also help in the increase of visitors.

“This is no longer called a super yacht tax.

“Superyachts are now charged an environment and climate adaptation levy of 10 per cent.

“This is levied on the stated gross charter fee as disclosed on the charter contract.

“Our commercial operations saw 445,000 visitors through our terminal building in 2017, an increase of 10 per cent in comparison with 2016 and we are expecting these numbers to rise in 2018,” said Ms Rasch.

She said the 2017 yachting season had a total of 11 weeks of charter sold to visiting super yachts in Fiji.

(Source: The Fiji Times ONLINE Business 08 February 2018)

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