Doug Green

The multi-billion-dollar global luxury boat industry is experiencing such a boom brought on by the pandemic, that it is fuelling a burst of new locally designed and produced motor yacht models, as well as sales and exports. Offering the freedom to escape home-based lockdowns, circumnavigate international travel restrictions, and holiday by avoiding crowds, the return of premium yachts has been one of the striking global trends to emerge from Covid-19. Family-owned luxury yacht manufacturer, Maritimo, is based within the Gold Coast’s Marine Precinct – one of the most advanced and highly respected marine clusters in the southern hemisphere. Maritimo said interest from buoyant domestic and international markets had exploded in the past 18 months. Maritimo Director of Design Tom Barry-Cotter said the boatbuilding giant was positioned to experience 20 per cent annual growth year-on-year over the next three years, with orders for new motor yachts sold out beyond mid-2024. “Everything from web traffic to enquiry and sales figures are at record highs,” Barry-Cotter said. He said two key factors were driving growth – a strengthening global economy and Maritimo’s large scale new model roll-out. On the back of rising wealth, the global market for luxury craft is projected to jump to US$84.7 by 2027.  This is up from US$64.1 billion in 2020 when the Covid crisis began, according to the latest Yacht Industry Global Market Trajectory and Analytics report. “Boating is a safe, family-friendly activity and has certainly become an ideal alternative to international recreational travel during the past 18 months,” Barry-Cotter said. Even from markets where travel wasn’t so heavily restricted, such as the United States, Maritimo was experiencing record sales and enquiries, he said. “We are seeing record interest and sales from Australia, New Zealand and North America,” he said. “Over 50 per cent of our production is […]

Leading Australian producer and marketer of premium plant-based foods Fenn Foods, has been awarded position #55 on the prestigious AFR Fast 100 List for 2021. This latest achievement recognises the significant progress and growth of the company over the past few years, “Our focus on innovation has seen us become one of the 100 fastest growing companies in Australia,” says Fenn Foods CEO and Co-founder Alejandro Cancino. “The resulting capability to enter into new categories will help us build our brand awareness as leaders in premium plant-based food categories.” With Australia’s plant-based meat industry demonstrating strong upward trajectory towards its $3 billion potential by 20301, Fenn Foods’ growth trajectory is set to continue. The company’s dedicated plant-based foods production facility on the Sunshine Coast in QLD, in combination with its continued investment in market intelligence and R&D; provides the platform to validate and launch new products and formats, supporting the category’s growth in both retail and foodservice markets, through leading quality, taste and texture. 1 The Food Frontier, 2020 State of the Industry Report Fenn Foods is Australia’s leading plant-based protein producer with one of the largest locally produced food service range in the country as well as a consumer-favourite retail brand, vEEF®. Founded by renowned chef, Alejandro Cancino, the company has achieved massive growth. Fenn Foods distribute nationwide and are entering new categories every year. The company is dedicated to innovation with an experienced R&D team working on perfecting taste and texture profiles of existing items and crafting world-first products. This focus has enabled the company to champion plant-based foods, change Australia’s protein culture and position vEEF® as the consumer favourite.

The surprise donation of a shipping container has thrilled a Queensland-based sporting club recovering from theft, vandalism and the ravages of Covid-19. In June 2020, Wynnum Wolves Football Club on Brisbane’s bayside was left devastated after thieves stole soccer equipment and recycled cans worth thousands of dollars. In November, tragedy struck again when vandals ruined new facilities worth more than $50,000. On hearing of the century-old club’s struggles, national shipping container company Royal Wolf stepped in, surprising club members with the donation of a shipping container to store and secure equipment for its community teams. The gesture represented a meeting of wolf packs – two similarly named organisations that value the contribution made by community groups at a grassroots level. Wynnum Wolves Football Club president, Rabieh Krayem, says the club was humbled to be singled out for the donation. He says the theft of 5000 recycling cans as well as valuable club equipment and the subsequent vandalism had been heartbreaking for club members, who volunteered hours of their free time to raise funds to improve club facilities, and to lower fees so more children could enjoy the sport. “Even the kids couldn’t work it out,” says Mr Krayem. “Why would someone come and steal our cans? I think it shocked the kids, but I also think it united the club and brought our members together and other people into the club. “I think when you’re part of a community, people will come. When you see the amount of kids here and the numbers growing, you know that this club means a lot more than just a football team. “It’s part of the community, part of the fabric of Wynnum.” Like many community groups across Australia, the Wynnum Wolves faced an uphill battle to maintain morale during the Covid-19 lockdown. Games […]