4 INDUSTRY NEWS Two reports from MIA I


n July, the Marina Industries Association (MIA) released a report entitled ‘Impacts of Covid-19 Pandemic on Australian Marinas’


indicating an A$48m reduction in Australian marina revenues over the three-month period March-May, 2020. The data also shows the negative impacts of the Covid-19 pandemic have been greatest in Queensland and Victoria. Club marinas have been most negatively impacted, followed by commercial marinas and then boatyards. The most heavily impacted revenue


generating areas of business were food and beverage (64% of all marinas) and marina wet berthing 52%. However, 89% of marinas experienced negative impacts during the survey period, although 22% of marinas experienced some positive impacts, with demand for dry boat storage being the most significant area of increase at these marinas. The research was conducted for the MIA by Dr Mahoney and his team at Michigan State University (MSU). One third of all Australia’s 312 marinas fully completed the survey, providing a very robust set of data. MIA President Andrew Chapman commented, “The Australian marina


industry has once again rallied to provide excellent data based on an enduring trust and appreciation of the work done for our industry by Dr Mahoney and his team in Michigan”. Based on the survey results, 239 marinas qualified for the Federal Government’s Job Keeper payments, with turnover dropping by at least 30%. Approximately one-third of marinas were forced to permanently retrench or reduce staff positions at their marinas, totalling almost 600 positions nationally. At the time of completing the


survey in June, 70% of Australian marinas anticipated negative impacts would continue into the 2020/21 financial year with an average estimated loss of profits of 20%. On 25 August, the MIA launched


the ‘Club Marine 2019 Health of the Australian Marina Industry Survey’ (HAMIS); the fourth of a series of such reports that track the economic, social and environmental health of the industry. Based on a sample size of 47% of


Australia’s 309 club and commercial marinas, the survey report provides comprehensive insights into what is proving to be a very resilient industry sector. This was demonstrated during


the 2008 financial crisis and is evident in the data collected over the last eight years of HAMIS surveys. This resilience will be tested over the coming months and years. Dr Ed Mahoney from MSU said,


“The Australian marina industry has committed to a continuing effort to scientifically collect and report data concerning their performance unlike any world-wide”. The most recent 2019 HAMIS indicates strong growth in marina gross revenues. Over the period 2013-19, there was a 52% increase in gross revenues and the ratio of payroll to gross revenue remained at around 23%. Supply of on-water boat storage is constrained and over the eight years to 2019 there was 4% increase in storage while vessel occupancy was steady. The data highlights the capital-intensive nature of marinas. The 2019 study indicated capital expenditure was on average A$750,000 for those 72% of marinas that made such


expenditures. Club Marine CEO Karen Te Maipi


confirmed, “The research project is widely supported by Club Marine. Over the years, Club Marine has focused growing emphasis on being a respected industry leader for the marine sector. More than ever due to the current environment, this survey provides imperative data to gain reliable and valuable insights into the current trends of the Australian marina industry, which is essential information for the marine sector’s continued growth”. More analysis from the 127-page HAMIS report will be progressively released by the MIA and the full report is available for purchase via the Association’s website: www.marinas. net.au


Name change for Ibiza marina


The former Ibiza Magna on the Spanish holiday island has become part of the IPM-IMG Group and will now be known as Marina Port Ibiza. Another marina already operated by the same group is Marina Ibiza. With 85 berths for yachts up to 60 m in length, Marina Port Ibiza is situated adjacent to Ibiza’s old town and since the concession was changed on 5 June, this year, the new management team has been working hard to implement a new


operating procedure to guarantee the same standard of service and facilities for its clients. “By introducing this marina into the group’s


facilities pool, the operation will be the same as in the rest of our sites,” confirmed Daniel Marí, Manager of Marina Port Ibiza. “We have been working to install the management software used in our other marinas and also the action protocols.”


MARINA INDUSTRY • AUGUST 2020


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