The super yacht industry is booming. Sometimes, one multimillion-dollar boat is not enough

They may have grown wealthier over the past two years but, for those in the market for a super yacht, it isn’t all fair winds.

Incat’s offices - on an industrial estate nestled between a national park and a golf course in the Sydney suburb of Belrose - are about as far from the excesses of the Mediterranean and Caribbean yachting scenes as you can get. But with 1024 super yachts on order for 2022, more than in any year since the global financial crisis, the company is seeing a rise in inquiries as wealthy owners look to out-do each other.

Crowther said demand for the vessels was linked to the ups and downs of financial markets, particularly for those who made their fortune in crypto.

angusthomson_ awesome. the stories that matter. hows your sales going?

angusthomson_ yup no shortage of cash flow at the top ,its all those tax cuts and free money from the government ,

angusthomson_ I recently met a young Argentinian guy whilst walking….he got off the plane one day, started a job at the leading boatbuilder here on the GC next day…he’s an industrial designer working with leather..✅💯💥

angusthomson_ So this is what stage 3 tax cuts are for

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