The marine industry in Australia is a major contributor to the nation’s wealth as well as a major service provider to other industries. This industry includes shipbuilders, boat builders, marine product retailers (including boat products), marine equipment manufacturers, marine service providers and related activities.
The industry employs 30,000 people and has a turnover of approximately $5.5 billion annually. In the marine industry, Australia has demonstrated capabilities to operate in both domestic and international markets.
Boatbuilding is one of the oldest branches of engineering that deals with the construction of boats and masts, spars and rigging for sailboats. Since ancient times, boat builders and boat product manufacturers have grown rapidly and this is especially so with the tourism and luxury exposure of the boat building industry.
In early times, boats were a means of short-distance transportation. They…