Figures released by British Marine Federation (BMF) and Superyacht UK show that the superyacht industry in Britain is thriving despite a difficult economic climate. Businesses in the UK superyacht sector, have reported increased turnover year-on-year, an increased workforce and a healthy level of optimism about the future.
- The value of the UK superyacht industry is now in excess of £350 million, representing an increase of 14.8% on 2007
- There are now around 3,500 people working in the sector
- 96% of businesses surveyed reported a similar or increased number of employees when compared to 2007
The workload of the superyacht industry continues to grow, especially in the export market. Almost three quarters of businesses reported an increase in exports when compared to 12 months ago.
Perhaps the most encouraging news for the sector is the level of optimism reported by those surveyed. 92% perceive it to be excellent or good, with only 1% rating prospects as 'poor' or 'very poor'.
British companies are involved in some of the most high profile and exciting international superyacht projects and their expertise and professionalism will continue to reap rewards.
The facility has been developed for superyacht repair by the South East England Development Agency (SEEDA), a government agency responsible for the promotion of economic development in South East England.
SEEDA is working with Superyacht UK, Marine South East and The British Marine Federation to promote and support the facility and its availability to the UK and overseas superyacht industry.