University Updates
Two Students from Queen Mary University of London Students developed a Flair Understanding on Shipyachts.

Two Students from Queen Mary University of London Students developed a Flair Understanding on Shipyachts.

Students at Queen Mary University of London have always been inventing and discovering something new, which stands out by an innovative concept. This time two students Katharina and Benedikt, have come up with a new perception of ‘European Superyacht Industry’, which was surfacing as the hot topic in the town.

Epitome amount of research was conducted where it was concluded that superyachts could also have local economies, including everything from building these superyachts to servicing them along with a finishing touch. These terms be a proven fact because German and Dutch shipyards have been building huge shipyards in Europe. In contrast, Spanish and French shipyards tend to provide ancillary services to the customers.

It’s evident that reading all of this seems a bit informative, but in the end, it couldn’t have been possible if these two students didn’t work on it with wholesome commitment and dedication. While working on this unique concept, both were guided by Dr. Garry A.Gabison ( Senior Lecturer of Law, Economics and Regulation at Queen Mary). In addition, MYBA also supported these two students during their academics and research purposes by providing them with two bursaries at the Centre for Commercial Law Studies for conducting this research study on ship yachts.

During the research, students have also found that the global pandemic hasn’t affected this sector as much as the experts predicted, and the economic activities are constant along with a reliable source of sanguinity.

Above all, along with the findings, this study also consists of a ‘Review of Literature’ on superyachts,microeconomic data and effective interviews with the prominent stakeholders from the industry.

The research project resulted in a beneficial final output, and Dr. Garry A.Gabison ( Senior Lecturer of Law, Economics and Regulation at Queen Mary) says that he’s extremely proud of both the students and their work as they have worked very sincerely on this project altogether. He also payed vote of thanks to MYBA for helping the students with the study purpose. Ultimately, everything has been possible with the help of their two bursaries which allowed the students to work independently on their research module from scratch.

 

 

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