Port Denarau Marina Ltd (PDML) is making significant strides in enhancing Fiji’s superyacht tourism industry, which contributes over $70 million annually to the local economy. According to the company’s 2025 annual report, board chairperson Malakai Naiyaga highlighted key developments including the expansion of the superyacht jetty and a robust capital works program aimed at bolstering infrastructure and governance.
A crucial milestone in this expansion is the completion of a $6 million project that added Fiji’s first 115-meter mega-berth, marking an important enhancement in the marina’s capacity to cater to the global superyacht market. Naiyaga noted the continuing investment in core infrastructure to improve operational resilience and customer experience, while fostering stronger collaborations with regulators and government partners.
“Our expansion supports this ecosystem and elevates Fiji’s standing as a world-class yachting destination,” Naiyaga stated. Looking ahead, the board aims to enhance the marina’s capacity to manage increased volumes and evolving service expectations while maintaining a focus on talent development and organizational performance.
Cynthia Rasch, PDML’s CEO, emphasized the favorable positioning of the marina to capitalize on its expanded infrastructure and services. The recently completed jetty extension is expected to attract new explorer yachts, opening new revenue opportunities for both the company and Fiji’s economy. She also shared that master planning for future developments is progressing as part of their five-year strategic outlook.
Despite challenges that include extreme weather, supply chain issues, and global economic uncertainty, Rasch remains confident that proactive risk management and strong stakeholder engagement will allow PDML to continue delivering sustainable value. The company reported a net profit after income tax of $6.93 million for the fiscal year ending July 31, a significant increase from $3.31 million the previous year, largely attributed to a $3.51 million uplift in the fair value of investment properties.
Revenue for PDML rose by 5 percent year-on-year, reaching nearly $10 million, bolstered by robust demand for marine services. Operating profit also saw an increase, rising to $4.50 million, alongside total comprehensive income of $7.24 million.
With this strategic investment in marine infrastructure and services, PDML not only aims to enhance the quality of tourist experiences but also positions Fiji as an attractive destination for luxury yachting, promising a bright future for the country’s tourism sector. This reflects a commitment to combining economic growth with sustainable practices, essential for long-term success in the maritime tourism industry.