Riviera reports heavy export shipments - Trade Only Today

Riviera reports heavy export shipments

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Australian boatbuilder Riviera said it "continues to export, defying industry trends with its latest shipment of 10 new boats with a retail value of $12.3 million, shrink-wrapped in heavy-duty plastic and ready for shipping next week to varying ports around the globe."

Riviera will export one 4400 Series II Sport Yacht, two 5000 Sport Yachts, two 38 Open Flybridges, two 43 Open Flybridges, one 51 Enclosed Flybridge, one 53 Enclosed Flybridge and one 61 Open Flybridge to dealers in Miami, Puerto Rico, Panama, Sarasota, Fla., Seattle and the Seychelles.

This achievement is certainly no mean feat, given the current economic climate, the strong Australian dollar, lack of government support for the wider manufacturing sector and fierce global competition.

“There is a tremendous confidence in the Riviera brand. People are still buying boats in Australia and around the world. We continue to export despite challenging market conditions,” brand and communications manager Stephen Milne said in a statement. “Our production capability is now solid following a successful Sydney International Boat Show, so there are only a very limited number of new boats available for pre-Christmas delivery.

“There is significant boat show activity for Riviera in coming months, and we anticipate these shows will add to our order bank for the first half of 2012,” he added.

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