Skip to main content

Australia outlines large system of marine reserves

The Australian government recently unveiled the world's largest system of marine reserves with plans that put limits on oil and gas exploration in western Australia, extend reef protection in the Coral Sea and possibly open the floodgates for compensation potentially worth hundreds of millions of dollars for the commercial fishing industry.

Environment minister Tony Burke released the final map for the proposed Coral Sea marine park as part of 44 new marine reserves to cover Australia’s waters.

Although more than a third of Australia's ocean will be protected under a government plan to add the 44 large-scale marine reserves to the national network, the plan falls short of demands by environmental groups to create the world's largest single marine park in the Coral Sea in which all commercial activity would be banned, according to

Burke said the government's aim was to protect Australia's unique marine environment “while supporting coastal communities and marine industries around the country.”

“Over the coming months the government will consult the fishing industry and fisheries management agencies on the design and implementation of a fisheries adjustment assistance package,” he said.

He warned that it was too late to change the size of the reserves and their location.

“The question now is very straightforward: Do we go ahead with the most comprehensive marine park network in the world, or do we not?” he said.

The new marine reserves take the overall size of the commonwealth marine reserves network to 3.1 million square kilometers.

The final reserves are expected to be declared before the end of the year.

Click here for the full report.



Industry Mourns Cruisers Yachts Owner

K.C. Stock, who was 84, was known for his “commitment to the employees at Cruisers Yachts.”


Grand Banks Purchases Florida Property

The parcel, which is opposite the company’s Stuart yard, has berths for up to nine boats and will increase service capabilities.


Limestone Boat Co. Posts Q3 Results

Unit production was down compared with the second quarter, and revenues decreased 33%.


Yamaha Dealers Now Carry Siren Systems

Siren Marine’s “Connected Boat” technology can be purchased and installed at more than 2,100 Yamaha outboard dealers.


Northpoint Expands Marine Presence

Northpoint Commercial Finance has partnered with Elite Recreational Finance to offer retail financing.


BRP Reports 71% Increase in Q3 Revenues

The Sea-Doo manufacturer had total revenue of $2.7 billion, but North American marine retail sales were down 47%.


Airmar Announces Training Dates

Certified Installer and SmartBoat system classes are being held this month in New Jersey and next year in New Hampshire.


The Survey Says …

Surveying customers to find out what they think about your business has never been more important.


Marine Development Inc. Changes Hands

Mick Webber, the former president/CEO and owner of HydroHoist, has purchased the company from its founders.