And as is the tradition, a host of the sport's most outstanding under-21-year-old talent will descend on Narrabeen, Sydney, Australia come January 1 where they will battle it out for junior surfing's ultimate prize.
Contesting the event will be 48 junior men and 18 junior women – all of whom have had to battle through preliminary rounds within their respective home regions in order to be chosen to compete for the prestigious crown.
The contestants have come from eight world surfing regions including Australasia, North America, South America, Hawaii, Asia, South Africa, Europe and a specially sanctioned ASP International region.
"This year's Billabong ASP World Junior Championship event looks to be one of the best yet," said ASP President Wayne Rabbit Bartholomew. "Just sifting through the names there are many who could not only win here at Narrabeen but could and will one day win at the sport's top level.
Past winners of the Billabong ASP World Junior Championships have used the event as a platform to launch their top tour careers.
"It is always a great event for uncovering our future super stars," said Bartholomew. "That is if the competitors aren't already stars in their own right."
The most notable of those who have tasted victory at the Billabong ASP World Junior Championships then have gone on to enjoy stellar top tour careers include Andy Irons (HAW), Joel Parkinson (AUS), Pedro Henrique (BRA) and Adriano de Souza (BRA) and last year's inaugural women's event winner Jesse Miley-Dyer (AUS) who forged on to claim Rookie Of The Year on the 2006 ASP Women's World Tour.
This year's eventual victors will go on to stand alongside the 2006 Foster's ASP World Tour champion Kelly Slater (USA) and the ASP Women's World Tour champion Layne Beachley (AUS) at the official ASP world champion's ceremony in March 2007 and will be crowned as the worlds only true professional junior surfing champions.
Narrabeen, located 40 minutes north of Sydney's famous Harbour Bridge, is iconic in the history of Australian surfing as its world-class wave is the stomping ground for many of the sport's greatest athletes.
The locals watching over the vast array of new talent will include twice Foster's ASP World Tour champion Damien Hardman, three-fin Thruster inventor Simon Anderson plus past top tour stalwarts including Nathan Hedge, Nathan Webster, Mark and Brett Bannister and Chris Davidson just to name a few.
With a promising forecast on the horizon expect the best value for money surfing action when the event kicks off.
Complimenting the Billabong ASP World Junior Championships will be Sonic Bloom, a music festival that will feature some of Australia's top music talent.
Daily releases, TV new feeds, audio grabs plus transcribed athlete quotes will be available.
The teams as they stand:
USA– Eric Geiselman, Dylan Graves, Alex Gray, Nick Rozsa, Spencer Sterling
Europe – Joan Duru, Marc Lacomare, Jean Sebastien Estienne, Romain Cloitre, Adrien Toyon, Pierre Valentin Laborde
Africa – Rory Beach, Damien Fahrenfort, Keegan Nel, Brandon Jackson, Jordy Smith
Australasia – Wade Goodall, Julian Wilson, Dion Atkinson, Matt Wilkinson, Laurie Towner, Sam Page
Hawaii – Dusty Payne, Granger Larsen, Torrey Meister, Ola Eleogram, Hank Gaskell, Casey Brown
South America – Heitor Pereira (Brz), Matias Mulanovich (Peru), Halley Batista (Brz), Thiago Camarao (Brz), Bernardo Martins (Brz), Adriano De Souza
Japan – Hideyoshi Takana, Shu Hagiwara, Shota Nakamura, Kento Takahashi, Nobuyuki Osawa
International – Tamara McComb, Ruben Ash, Mason Ho
Wild Cards – Heath Joske, T.J Barron
USA – Erica Hosseni, Sage Erikson
Europe – Lee Anne Curren, Alizée Arnaud
Africa – Tammy Lee Smith, Nikita Robb
Australasia – Airini Mason, Jessica Hickson
Hawaii – Coco Ho, Leila Hurst
South America – Anali Gomez, Marina Werneck
Japan – Sayuri Hashimoto, Nao Omura
Wildcards – Nicola Atherton, Kirsty Jones
Billabong ASP World Junior Championships Honour Roll
1998 Andy Irons (HAW)
1999 Joel Parkinson (AUS)
2000 Pedro Henrique (BRA)
2001 Joel Parkinson (AUS)
2002 Not held
2003 Adriano de Souza (BRA)
2004 Pablo Paulino (BRA)
2005 Kekoa Bacalso (HAW)
2005 Jesse Miley Dyer