Mark Stothard the owner of the Echo Marine Group the company behind the Echo Yachts luxury brand in Western Australia believes that now is a good time for the smart buyers and brokerage firms to invest in Australian Made.
Citing the significant weakening of the Australian Dollar against the USD and Euro in recent months, he says: “This 20% increase in buying power provides a very special opportunity for foreign buyers considering a custom newbuild, or for owners, captains and fleet managers considering where to perform their next refit or shipyard maintenance visit. Australian buyers can also benefit from this option rather than paying a large premium for vessels built in Europe with their weakened AUD buying power.”
Good place to be
Group Sales & Marketing Manager Chris Blackwell says, “We are very fortunate that early border closures, testing and social distancing measures sees Western Australia with very low COVID-19 numbers and single digit new cases each day.
He adds, “With the application of all recommended health & hygiene measures our business operations have continued uninterrupted and we continue our full custom design, newbuild, refit and fleet sustainment services ongoing.”
Secluded away from the northern hemisphere, the company continues to monitor the situation in the main markets and proactively identify what they can do for existing clients, new buyers and yacht brokers in terms of creating great opportunities and value.
Mark Stothard says, “In addition to our innovative eco-designs, high quality builds, competitive pricing and immediate newbuild capacity, we are pleased to report the Australian Dollar is currently trading at € 0.58 and US$ 0.64”
Echo Marine Group create custom Superyachts under our Echo Yachts luxury brand, manufacture custom Commercial vessels, perform vessel refits and re-painting, as well as provide Defence sustainment solutions.
The company has a proven track record of working with international clients, their designers and technical advisors on large and complex newbuild projects via videoconferencing and interactive online 3D model and drawing reviews. Current international travel restrictions are no barrier to us commencing, designing and delivering even the most challenging of projects for you.
Live video feeds and digital reporting ensure a constant stream of visual communication to all stakeholders throughout each of our projects as proven during the 84m superyacht newbuild project White Rabbit