Current Future confidence from UK Superyacht Companies Buoyed by Government Visit

Current Future confidence from UK Superyacht Companies Buoyed by Government Visit

News
10 Oct 2017

The success of the UK superyacht industry was high on Government’s agenda last week as British Marine and its association Superyacht UK hosted a significant visit by International Trade Minister, Mark Garnier to UK companies showcasing at the Monaco Yacht Show.

In a further boost for the industry, the Department for International Trade (DIT) has arranged for 10 UK companies to attend the Show and push their products to international clients and buyers. The trade mission will allow them to grow their export potential for their luxury goods and services, helping the UK’s superyacht serve and support businesses to continue as world leaders.The UK’s superyacht industry, which employs 4,244 FTE, posted its fifth consecutive year of growth and the highest ever revenue at £615m. Contributing £450m to the UK economy last year, exports grew in the sector at their fastest rate for seven years, with increasing demand from outside of the EU. Some 90 UK companies are exhibiting at the global superyacht Show which runs from 27-30 September 2017.

Howard Pridding, Chief Executive Officer, British Marine said: “We were delighted to host the trade minister for a full day’s visit at the Monaco Yacht Show yesterday. By meeting with some of the leading players Mr Garnier has a full appreciation of the capability of the £615m UK superyacht sector.

“We have enabled British Marine and Superyacht UK members to demonstrate some of the issues facing the sector’s continued success, ensuring the minister now has the necessary understanding to go away and explore opportunities for future support. Three in five of our members are confident about the future but it is vital to ensure the industry has the assistance it needs for sustained achievement.”

International Trade Minister Mark Garnier said: “At the Monaco Yacht Show last week, UK businesses were sailing ahead with their world – renowned skills and expertise. We’re a global player in the marine engineering and manufacturing sector and provide boats for some of the biggest clients in the world.

“As an international economic department, we are supporting this sector by helping new and existing exporters realise their global potential through tailored trade missions and a team of International Trade Advisors.”

The visit to Monaco continues the strong interest the International Trade Minister has in the marine industry. Last November, the Minister led a British Marine organised roundtable event enabling key industry leaders to meet with Government to discuss post-Brexit opportunities and the support the industry needs to ensure a smooth transition. He then attended the London Boat Show in January to follow up on this activity and continue discussions with member companies.

For more information, please contact Annabel Wildey at awildey@britishmarine.co.uk or 01784 223811. 

Latest Jobs

  • Jul17

    Head chef

    10375

    Viking are looking for a Head Chef to work onboard a 100m+ Motor Yacht, location TBC.Start ...

    > More
  • Jul17

    2nd Engineer

    10374

    We are currently looking for a 2nd Engineer to join a 100m+ private yacht in ...

    > More
  • Jul17

    2nd Engineer

    10373

    A 2nd Engineer is required to join a luxury cruise and motor yacht company.Candidates will ...

    > More
  • Jul17

    3rd Engineer

    10372

    A 3rd Engineer is required to join a luxury cruise and motor yacht company!The successful ...

    > More
  • Jul17

    Destination Manager

    10371

    A Destination Manager is required to join Windstar Cruises.The ideal candidate will have a wide ...

    > More
  • Jul16

    Steward/ess

    10370

    We are seeking a Stewardess to join an 80m+ Research vessel. We are looking for ...

    > More
  • Jul16

    Sports Co-ordinator

    10369

    A luxury cruise company is looking for two female Sports Coordinators to join their team.Candidates ...

    > More
  • Jul16

    Mate

    10368

    A private 32M motor yacht is currently looking for a First mate to join their ...

    > More
  • Jul12

    ETO Cadet

    10362

    Have you thought about a career at sea?Viking as one of the UK’s leading training ...

    > More
  • Jul12

    Engine Cadet

    10361

    Have you thought about a career at sea?Viking as one of the UK’s leading training ...

    > More
  • Jul12

    Deck Cadet

    10360

    Have you thought about a career at sea?Viking as one of the UK’s leading training ...

    > More
  • Jul11

    Chief officer

    10359

    A Chief Mate is required for a 50m+ charter sailing yacht currently in Italy. Applicants should ...

    > More
  • Jul11

    Chief Housekeeper

    10357

    A luxury cruise and motor yacht company is looking to recruit an experienced Chief Housekeeper.Candidates need ...

    > More
  • Jul11

    Chief Purser

    10356

    A luxury cruise and motor yacht company is looking to recruit an experienced Chief Purser.Candidates ...

    > More
  • Jul10

    Assistant Purser

    10353

    An Assistant Purser is required to join Windstar Cruises.Candidates need to have previous cruise ship ...

    > More
  • Jul10

    Guest Services Manager

    10352

    A Guest Services Manager is required to join a luxury cruise and motor yacht company.The ...

    > More