Port Denarau Marina Ltd (PDML) is making notable advancements in Fiji’s superyacht tourism sector, which contributes over $70 million annually to the local economy. In the company’s 2025 annual report, board chairperson Malakai Naiyaga outlined significant developments, including the expansion of the superyacht jetty and a comprehensive capital works program designed to enhance infrastructure and governance.
A pivotal achievement in this expansion is the recent completion of a $6 million project that introduced Fiji’s first 115-meter mega-berth. This landmark enhancement significantly boosts the marina’s capacity to accommodate the global superyacht market. Naiyaga emphasized the ongoing investment in essential infrastructure to bolster operational resilience and improve customer experiences while fostering collaborative relationships with regulatory bodies and government partners.
“Our expansion supports this ecosystem and elevates Fiji’s standing as a world-class yachting destination,” Naiyaga stated. The board is focused on enhancing the marina’s ability to manage growing volumes and evolving service expectations while prioritizing talent development and performance improvement.
Cynthia Rasch, the CEO of PDML, highlighted the marina’s advantageous position to leverage its enhanced infrastructure and service offerings. The newly completed jetty extension is set to attract new explorer yachts, generating new revenue streams for both the company and Fiji’s economy. She also noted that master planning for future developments is advancing within their five-year strategic outlook.
Despite facing challenges such as extreme weather, supply chain disruptions, and global economic uncertainty, Rasch maintains confidence that effective risk management and strong engagement with stakeholders will allow PDML to provide sustained value. The company reported a net profit after income tax of $6.93 million for the fiscal year ended July 31, marking a significant increase from $3.31 million the previous year, driven in part by a $3.51 million rise in the fair value of investment properties.
PDML also experienced a 5 percent increase in revenue year-on-year, reaching nearly $10 million, supported by strong demand for marine services. Operating profit climbed to $4.50 million, along with total comprehensive income of $7.24 million.
With these strategic investments in marine infrastructure and services, PDML aims not only to enhance the quality of tourist experiences but also to establish Fiji as a premier destination for luxury yachting. This commitment reflects an approach that balances economic growth with sustainable practices, which are vital for the long-term prosperity of the maritime tourism industry in Fiji.