page_title: Maritime industries of Taiwan
section_title: Yacht building
hierarchical_section_title: Maritime industries of Taiwan / Shipbuilding / Yacht building
caption_attribution_description: English: Taswell is a sailboat brand built by TaShing Yachts in Taiwan
context_page_description: The maritime industries of Taiwan are a large part of Taiwan’s economy. Industries of particular importance are shipbuilding, boat building, maritime transport, aquaculture, mariculture, commercial fishing, seafood processing, offshore wind power and various forms of tourism. Deep sea mining, especially of dormant hydrothermal vents, is also being considered for the future. In 2018 Taiwan was the fourth largest yacht building nation. Taiwan is home to a number of maritime museums and maritime colleges.
context_section_description: One third of new yachts sold in the US between 1977 and 1981 were made in Taiwan. In 1987 Taiwan exported 1,755 vessels worth US$190.8 million to the US. During this era more than 100 shipyards and boatbuilders in Taiwan built craft for the export market. Between 1986 and 1992 the New Taiwan Dollar appreciated 58% against the US Dollar which made Taiwanese built yachts significantly less competitive in the US market. By 1994 dozens of yacht and boat builders had gone out of business or been acquired by competitors. Sales recovered but fell again after the 2008 Recession before strengthening again.
  In 2017 Taiwan exported one hundred and sixty two yachts. In 2018 Taiwan was the fourth largest yacht building nation by feet of yacht built after Italy, The Netherlands and Turkey. Major yacht and boat builders include Horizon Yachts, Ocean Alexander, Johnson Yachts, Jade Yachts, and Ta Shing Yacht Building.
caption: Taswell center cockpit
exif: {}