Duration of Commercial Mooring Licences

In Sydney Harbour, many maritime commercial leases include marina berths and swing moorings, operated by the same business entity. For most practical purposes the moorings and marina berths are simply two parts of the same business.

NSW Maritime commercial leases are generally offered for terms of twenty years or more, while commercial mooring licences are for one year only. While mooring licences are routinely renewed upon expiry, the short licence duration can create difficulties for operators in negotiating with finance providers, or in seeking to sell their business to a new operator.

Following the introduction of NSW Maritime’s Commercial Lease Policy, the Authority has determined to offer its commercial lessees the chance to formally extend the term of their commercial mooring licences so they can terminate at the same time as their commercial lease. Commercial lessees will also have a single contact officer within the Authority to assist with commercial mooring and leasing issues.

These changes reduce red tape for the boating industry and improve business certainty for operators and users of commercial marinas on NSW Maritime land.

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Duration of Commercial Mooring Licences	PDF	102kb