More financial issues. Meridian Marinas in receivership.

Posted by on September 1, 2011

The GFC and the general downturn in the tourist trade has claimed another victim.  Meridian Marinas who own and manage the Abel Point Marina at Airlie Beach today went into receivership…  principally thanks IMHO to the new development at the other end of Airlie not meeting targets.

I have no doubt that the Abel Point Marina will continue to operate with only minimal disruption.

I am still trying to renegotiate the ‘Commercial Operator Charge’ that the marina wish to bill any vessel using the marina commercially.  They bill EVERYONE the same… regardless of actual use.   The word ‘inequitable’ comes to mind.


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