(Newswire.net — December 19, 2014) West Palm Beach, Florida — The migration of yachts and their owners annually is a major impact on South East Florida economically. Each year from starting around October, as the temperatures drop in the North East the migration begins. This migration is not of birds however, it is luxury yachts and their owners. This influx of ships is not only a boost to the marinas that supply dockage for these vessels, it is also great for the entire local marine industry in general and the local shops and restaurants.
Jim Edge GM at Bobby Sole Propeller ( a marine propulsion machine shop in West Palm Beach, Florida) had this to say, “The increase in numbers of yachts in Florida in the winter season is great for our business. Many of these vessel owners take advantage of the cost differential on repairs and get routine as well as major repairs done here in South Florida.” Jim went on to say ” We are a full service marine propulsion machine shop. Much of our business in the winter is from the local shipyards that are equipped to haul these large ships out of the water for repairs. These shipyards in turn send us damaged or bent propeller shafts, struts rudders in need of repair and of course ship propellers in need of Hale MRI analysis and repair. This coupled with our local fisherman and boating enthusiast also doing their repairs during the colder rough sea s caused by the strong north east winds, we stay very busy.”
The impact of all these large vessels at the marinas and in for repair at the local ship yards in south Florida helps the local economy in many ways. It is not just the marine industry in South Florida that benefits. The owners of these businesses have more money to spend at local shops and restaurants and of course the yacht owners themselves spend handsomely at these local businesses as well. All in all the great yacht migration is a good thing for South Florida’s economy.