Marinas Articles

A maritime renaissance is on the horizon for Newcastle, a city nestled in the heart of Australia, as it manoeuvres to become a major player in superyacht activities. This development is courtesy of the Newcastle Cruising Yacht Club’s (NCYC) ambitious plans to develop the city’s first exclusive superyacht marina, a project which has secured a massive $5 million funding injection from the NSW Government via the Regional Economic Development and Community Infrastructure Program.

The announcement came from Tara Moriarty, Minister for Regional NSW, who underscored the project’s colossal potential impact on the local economy, stating keenly, ‘It’s going to make a big difference to the local economy, creating jobs and tourism opportunities.’ The sentiment was echoed by Tim Crakanthorp, NSW Member for Newcastle, who emphasised that the program represents ‘real community development whilst sparking employment and economic growth.’