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Fiji time

Fiji time

Fiji time

Fiji time

Fiji time
Fiji time
by: Easy Branches Team

“The 2017 yachting season with 65 superyachts visiting the country was a record year for the company. Considered a hub for the country’s visiting super yachts the marina welcomed 554 yachts and 65 superyachts last year, this shows strong growth from 2016 following Cyclone Winston”, stated Denarau Marina general manager Cynthia Rasch in an article in the Fiji Sun.

“Port Denarau Marina in Fiji is expecting more than 700 vessels visiting its shores this year and the 2017 yachting season had a total of 11 weeks of charter sold to visiting superyachts in Fiji”, Ms Rasch concluded.

David Jamieson of Asia Pacific Superyachts Fiji adds, the number could possibly go up to 750 yachts and superyachts. He added, “The Government’s reduction of the Super Yacht Charter Tax from 12.5 per cent to 10 per cent will also help in the increase of visiting yachts”.

Jamieson explains, “The Super Yacht Charter Tax is no longer called a ‘super yacht’ tax. Superyachts are now charged an environment and climate adaptation levy of 10 per cent, levied on the stated gross charter fee as disclosed on the charter contract”.

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