Singapore

One °15 Marina

A fire broke out onboard the 34-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> motor yacht <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> at the <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove in Singapore on the morning of Sunday 7 June.<img src="https://photo-assets.superyachttimes.com/photo/396329/image/large-df8d245fde54d5510b42f5a1cacf3c45.jpg" data-gid="gid://syiq/Photo/396329">According to local news reports, the Singapore Civil Defence Force (SCDF) was alerted to a fire at 11 Cove Drive at around 8:10am. The yacht was fully engulfed in flames, with land based emergency services arriving at the scene in seven minutes and immediately deploying a water jet from the pontoon to fight the fire.<a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> began drifting away from her berth, with an SCDF Marine Vessel also deployed as part of the operation. “At the height of the firefighting operation, two water jets from the pontoon and one water monitor from the SCDF Marine Vessel were deployed,” explained the Singapore Civil Defence Force.&nbsp;Eyewitnesses reports state that around 13:40, the yacht was partially submerged in the water. There were no reported injuries at the time of publication and the cause of the fire is still being investigated.<img src="https://photo-assets.superyachttimes.com/photo/396330/image/large-2b40a148f09e6ca3d77483a385283abb.jpg" data-gid="gid://syiq/Photo/396330"><a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a>&nbsp;was one of five yachts in the EagleWings Yacht Charters fleet that sailed to nearby islands such as Lazarus Island. She has since been removed from the website, but Chairman and founder Julian Theng posted on social media that, "It was tough seeing <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a>go up in flames. So sudden and unexpected that a piece of my heart sank with it."He shared that when he arrived at the scene, he saw the captain and hugged him. "So grateful that the crew is safe and that no one was injured. Farewell <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a>, we will miss you. The awesome memories will live on."Launched in 2005 as part of the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> 112 series, <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> features interior and exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, with naval architecture by <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>. Spanning 213 GT, the Italian-built yacht can comfortably accommodate up to 10 guests across a five stateroom configuration.&nbsp;Her master suite is situated forward on the main deck, while a full-beam VIP suite is located amidships on the lower deck, alongside a double stateroom forward and two twin staterooms. Performance-wise, <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that provide her with a top speed of 28.5 knots and a cruising speed of 25 knots.

Eagle Wings III: Fire destroys yacht at ONE°15 Marina Sentosa Cove

A fire broke out onboard the 34m Custom Line yacht Eagle Wings III at the ONE°15 Marina Sentosa Cove in Singapore on the morning of Sunday 7 June.

Fire destroys 34m yacht Eagle Wings III at ONE°15 Marina Sentosa Cove, Singapore

<a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> has unveiled the first interior images of its 26.8-metre <a data-gid="gid://syiq/Yacht/13337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 88 Ultima26.82m (87'12&quot;)Sunreef Yachts2026">Ultima 88</a> catamaran, offering a first look inside following its virtual world premiere during the <a data-gid="gid://syiq/Event/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2026">Singapore Yachting Festival 2026</a>. Tennis player Carlos Alcaraz has selected the Ultima 88 as his first yacht and is among the first owners of the model, with a customised unit currently under construction. <img src="https://photo-assets.superyachttimes.com/photo/392036/image/large-bf47bb15505ca8d99da8e74f31c89b00.jpg" data-gid="gid://syiq/Photo/392036">The interiors were revealed for the first time during an exclusive event hosted at <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">One°15 Marina</a> in Singapore, where invited guests were presented with preview content showcasing the yacht’s design. The <a data-gid="gid://syiq/Yacht/13337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 88 Ultima26.82m (87'12&quot;)Sunreef Yachts2026">Ultima 88</a> hails from <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>’s latest Ultima line, and has been designed entirely by <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/392051/image/large-51d1f6ce2ac2194e7c765313c085972b.jpg" data-gid="gid://syiq/Photo/392051" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">First introduced following the sale of its very first unit, the <a data-gid="gid://syiq/Yacht/13337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 88 Ultima26.82m (87'12&quot;)Sunreef Yachts2026">Ultima 88</a> has been conceived with the aim of merging the agility of a monohull with the stability, volume and shallow draft of a catamaran. The yacht is capable of accommodating up to 10 guests onboard and will be able to reach a top speed of 26 knots. <img src="https://photo-assets.superyachttimes.com/photo/392045/image/large-9817a3f1f3cd4c6d8fc4cd0b4bcbc6cd.jpg" data-gid="gid://syiq/Photo/392045" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">The <a data-gid="gid://syiq/Yacht/13337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 88 Ultima26.82m (87'12&quot;)Sunreef Yachts2026">Ultima 88</a> yacht features a contemporary interior defined by minimalism and a strong architectural clarity. Pale timber wood finishes paired with neutral-toned upholstery, alongside meticulously crafted joinery all contribute to a sense of cohesion and warmth throughout her living spaces.<img src="https://photo-assets.superyachttimes.com/photo/392046/image/large-6832a3cd97df7a4d2eb935fb2833e102.jpg" data-gid="gid://syiq/Photo/392046" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">In the main saloon, her open-plan layout encourages a seamless flow of movement for guests to socialise and relax in, while expansive glazing draws in natural light and maintains a constant connection to the panoramic views of the sea.<img src="https://photo-assets.superyachttimes.com/photo/392058/image/large-0f11450d714e1df185cf63dacf01821d.jpg" data-gid="gid://syiq/Photo/392058" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);"><img src="https://photo-assets.superyachttimes.com/photo/392059/image/large-bc0b1fea16ad4bebd705f12aa18dd06d.jpg" data-gid="gid://syiq/Photo/392059">Lighting is subtly integrated throughout the yacht, casting a soft ambient glow that elevates the yacht’s subdued colour scheme. The overall effect exudes a calm and comfortable interior with a cosy atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/392060/image/large-346fddc801d804e5d2641dc93d2a3e69.jpg" data-gid="gid://syiq/Photo/392060"><img src="https://photo-assets.superyachttimes.com/photo/392055/image/large-439f1d2afb61120f451150a772f68eb9.jpg" data-gid="gid://syiq/Photo/392055">Guest accommodations follow the same aesthetic, but with a more intimate tone. Her staterooms benefit from soft finishes and thoughtful details, which create a refined yet relaxed atmosphere well-suited to extended voyages onboard. <img src="https://photo-assets.superyachttimes.com/photo/392042/image/large-4e05bdba1d225c4d4f99d9202b2de617.jpg" data-gid="gid://syiq/Photo/392042" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Beyond her interiors, the <a data-gid="gid://syiq/Yacht/13337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 88 Ultima26.82m (87'12&quot;)Sunreef Yachts2026">Ultima 88</a> has been designed with a strong emphasis on a balance of outdoor living and a laid-back lifestyle. <img src="https://photo-assets.superyachttimes.com/photo/392037/image/large-8294dd7bdda4a0e2a4308089afea0165.jpg" data-gid="gid://syiq/Photo/392037" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">One of the yacht’s main features is the walkaround Ocean Lounge, which is made possible by open bulwarks and a spacious aft deck that lets guests move easily around the deck while staying close to the water. This area also includes a large garage aft, which is designed to house tenders and water toys.<img src="https://photo-assets.superyachttimes.com/photo/392043/image/large-ecae956b5cc6c3bc9441c79650ccc335.jpg" data-gid="gid://syiq/Photo/392043">Earlier this month, it was announced that <a data-gid="gid://syiq/Yacht/13337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 88 Ultima26.82m (87'12&quot;)Sunreef Yachts2026">Ultima 88</a> owner Carlos Alcaraz had also become a brand ambassador for House of <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>, joining F1 driver Fernando Alonso and footballer Robert Lewandowski. This transition marks the Spanish athlete’s move from chartering to yacht ownership after developing an interest in the industry over the past few years.Read:&nbsp;<a data-gid="gid://syiq/Article/65694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tennis player Carlos Alcaraz buys Sunreef Ultima 88 catamaran (2026-03-25 17:30:00 +0100)">Tennis player Carlos Alcaraz buys Sunreef 88 catamaran</a><img src="https://photo-assets.superyachttimes.com/photo/392034/image/large-4b5d49020598f06ccdc3aee30a4f69c5.jpg" data-gid="gid://syiq/Photo/392034" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">All images provided courtesy of Sunreef Yachts.

Interiors of Sunreef Ultima 88 catamaran unveiled

 Sunreef unveils the first interior images of its Ultima 88 catamaran after its virtual world premier during the Singapore Yachting Festival.

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First look: Interiors of Sunreef Ultima 88 catamaran unveiled

SUTL Enterprise Limited has signed an agreement to acquire <a data-gid="gid://syiq/Company/2017" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina at Keppel Bay (Company)">Marina at Keppel Bay</a> from Keppel Bay Pte Ltd for a consideration of $40 million Singaporean dollars, with completion expected in the second half of 2026.<img src="https://photo-assets.superyachttimes.com/photo/381643/image/large-41d75d80b5dcdcde77710b83bdb814a0.jpg" data-gid="gid://syiq/Photo/381643">Upon completion, the marina will be rebranded as <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Keppel Bay and will add a further 166 berths to the Group’s portfolio, including superyacht berthing capabilities for vessels up to 85 metres.&nbsp;Combined with the existing 270-berth <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove, the acquisition will see SUTL Enterprise become the largest owner and operator of integrated marinas in Singapore, with a total of 436 berths across two locations.“We have been actively seeking opportunities in the Asia Pacific region to grow our business,” explained Arthur Tay, Chief Executive Officer of SUTL Enterprise. “Once completed, the proposed acquisition will enlarge <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a>’s regional footprint and strengthen our Group’s position as one of the largest marina operators in Asia.”Marina at Keppel Bay is strategically located within Singapore’s Greater Southern Waterfront and serves more than 10,000 public and private residential units. As a centrally positioned mainland marina, it offers strong connectivity to surrounding residential, commercial and tourism precincts, complementing the island-based Sentosa Cove marina.SUTL Enterprise plans to invest in infrastructure modernisation at the Keppel Bay site following completion. The plans include phased upgrades to clubhouse amenities, improvements to berthing infrastructure and services, the introduction of new retail spaces, and the integration of lifestyle and wellness concepts.In addition to commercial development, SUTL Enterprise intends to extend its environmental and community initiatives currently in place at Sentosa Cove to the Keppel Bay site. These include the expansion of its Blue Water EduFest programmes, further development of the marina’s coral garden to support local marine biodiversity and a satellite expansion of the Singapore Yachting Festival across both marinas. The annual event is organised by <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> Events Management, a subsidiary of SUTL Enterprise.“Our new addition will enhance the value of a ONE°15 membership, making it more attractive to members who will gain access to an expanded network, curated fresh experiences, as well as diverse lifestyle activities across all our marinas,” concluded Tay.

SUTL Enterprise to acquire Marina at Keppel Bay

SUTL Enterprise Limited has signed an agreement to acquire Marina at Keppel Bay for a consideration of $40 million Singaporean dollars.

SUTL Enterprise to acquire Marina at Keppel Bay for S$40 million

Desaru Coast has announced a strategic partnership with <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a>, a subsidiary of Singapore-based SUTL Enterprise, to develop and operate new maritime facilities at the Desaru Coast Ferry Terminal. The partnership was formalised during the <a data-gid="gid://syiq/Event/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2025">Singapore Yachting Festival</a> 2025, held at <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove.<img src="https://photo-assets.superyachttimes.com/photo/357202/image/large-f60255de715ef68bacf593f7f5add979.jpg" data-gid="gid://syiq/Photo/357202">The agreement, which brings together two leading names in leisure and marina development, aims to strengthen Desaru Coast’s position as a key lifestyle destination on the southeastern coast of Johor, Malaysia.Under the new arrangement, <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Desaru Coast will manage both wet and dry berths and introduce a portfolio of sailing events and luxury yacht charters designed to attract both regional and international yacht owners and guests.<img src="https://photo-assets.superyachttimes.com/photo/357199/image/large-17d809c344e32d893a8b02ed6d680ff1.jpg" data-gid="gid://syiq/Photo/357199">“This partnership is the manifestation of the strong bilateral cooperation between Singapore and Johor with the impending Johor-Singapore Special Economic Zone and demonstrates investor confidence in Desaru Coast,” said Karina Ridzuan, Director of Business Services at Destination Resorts and Hotels Sdn. Bhd, the parent company of Desaru Ferry Sdn. Bhd.Already known for its beachfront resorts, world-class golf courses and wellness retreats, Desaru Coast is now positioning itself to play a more prominent role in the regional yachting circuit.&nbsp;The newly launched marina will offer visiting yachts improved access to the Malaysian coastline, while also providing enhanced infrastructure for private yacht charters, regattas and marine leisure activities.<img src="https://photo-assets.superyachttimes.com/photo/357201/image/large-f0812a83088a94b9bc1cca2f106ef0ad.jpg" data-gid="gid://syiq/Photo/357201">Arthur Tay, Executive Director and CEO of SUTL Enterprise, commented: “I’m excited about our partnership with Desaru Coast as we welcome a new marina personality into the growing ONE°15 network of marinas across Asia. My vision is to deliver unique experiences that enrich our community of members, boaters, and yachting enthusiasts across the region.”The announcement, made during a press event at the Desaru Coast booth on the second day of the <a data-gid="gid://syiq/Event/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2025">Singapore Yachting Festival</a>, also highlighted the destination’s upcoming cultural event, Ombak Festival 2025, scheduled for September.&nbsp;Festival guests will be among the first to experience the new marina and its offerings, combining maritime exploration with music, arts and cultural programming.<img src="https://photo-assets.superyachttimes.com/photo/357200/image/large-a1adeab8dc82575930b00a73721b45bd.jpg" data-gid="gid://syiq/Photo/357200">“Each year, Desaru Coast proudly hosts Ombak Festival, our signature international celebration of music, arts and culture,” Ridzuan added. “We look forward to welcoming the yachting community to experience the Ombak Festival with us this year.”Beyond bolstering tourism and connectivity between Johor and Singapore, the collaboration is also geared towards long-term community investment, with plans for maritime education initiatives and talent development in the pipeline.“We are delighted to partner with the esteemed <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> to introduce premium marina facilities and curated sailing experiences at the Desaru Coast Ferry Terminal,” concluded Ridzuan.&nbsp;Stay up-to-date with all the latest marina newsFor comprehensive coverage of the global marina industry, visit <a href="https://www.marinaworld.com/" rel="noopener noreferrer" target="_blank" title="">Marina World</a> – the dedicated source for marina development, infrastructure and innovation. &nbsp;

Desaru Coast and ONE°15 Marina to launch new yachting hub in Malaysia

Desaru Coast has announced a strategic partnership with ONE°15 Marina to develop new maritime facilities at the Desaru Coast Ferry Terminal.

The owners of <a data-gid="gid://syiq/Company/7878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ONE15 Brooklyn Marina (Company)">One°15 Brooklyn Marina</a>, situated in Brooklyn Bridge Park, New York City, have applied for Chapter 11 bankruptcy protection in response to overwhelming debt. This is reported by the specialised database ‘<a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>’ which used data from United-States Public Access to Court Electronic Records (PACER). The application, filed on 26 September 2024, encompasses not only the marina but also its associated Estuary restaurant and sailing club, all under the ownership of the same holding entities."We voluntarily filed for Chapter 11 to preserve and protect the assets of the project, allow the necessary time to maximize our value for the benefit of our creditors and are working with numerous interested parties and welcome other parties who may be interested in the project to work towards a sale that will maximize our return to creditors and put the project into good hands to continue the work we have begun," said a <a data-gid="gid://syiq/Company/7878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ONE15 Brooklyn Marina (Company)">One°15 Brooklyn Marina</a> spokesperson to <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times.</a> <img src="https://photo-assets.superyachttimes.com/photo/331041/image/large-41069672ff930cbb2ceee0128653db8f.jpg" data-gid="gid://syiq/Photo/331041">Situated beside Pier 5 in Brooklyn Bridge Park, the marina serves as a vital hub for water access, accommodating a diverse array of vessels from superyachts up to 91-metres in length to historic boats and small sailboats. It also provides a variety of boating programs including a sailing school, children's activities, and kayaking lessons for the community. The marina is managed by the Singapore-based SUTL Group and owned by SUTL Investments Pte, according to <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>.&nbsp;This decision follows a prolonged period of financial difficulties, which originated from extended delays in construction, and ongoing operational challenges at the marina, reports <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>. "The ONE15 operations team came together through the lengthy build process and subsequent challenges due to COVID," also noted the marina spokesperson.Local media have attributed many of the marina’s structural issues to inherent challenges at its location. Situated at the strategic intersection of New York Bay, the East River, and tidal flows from the Hudson River, the site has consistently posed difficulties for marina operations. Even before the development of Brooklyn Bridge Park, this area was historically known as a problematic location, due to complications with pier construction and the need for effective wave abatement.<img src="https://photo-assets.superyachttimes.com/photo/331042/image/large-36078af544beed36645b734d9c586078.jpg" data-gid="gid://syiq/Photo/331042">By filing for Chapter 11, the owners aim to reorganise their debts while maintaining ongoing operations. <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a> data shows that the court has sanctioned the joint administration of the bankruptcy cases for the marina, the restaurant, and the sailing club, allowing them to continue operating as separate entities. Led by principal Estelle Lau and represented by the law firm Kirby Aisner &amp; Curley, the ownership group seeks to negotiate with creditors and secure a buyer for the marina and its associated enterprises. The entities involved in these proceedings include <a data-gid="gid://syiq/Company/7878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ONE15 Brooklyn Marina (Company)">One°15 Brooklyn Marina</a>, One°15 Restaurant (also known as Estuary), One°15 Sail Club, and One Edge Marina Finance Company, says <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>."We believe that the marina, sail club and food and beverage programs are an important feature of NYC’s waterfront and the challenges we face demonstrate the need for commitment of the community as a whole. But we remain certain that our vision can be achieved and look forward to the next chapter of the project," affirmed the marina to <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a>. "We continue to offer an unparalleled boater experience in NY Harbor and to accept transient boats into the marina. We plan to seek Court approval to facilitate a sale process for the business to transition the project into the best hands to guide this newest addition to New York’s waterfront as seamlessly as possible," concluded the spokesperson.This article was first published on 2 October 2024 and updated on 8 October 2024 with comments from the marina.

ONE°15 Brooklyn Marina files for chapter 11 bankruptcy

The owners of One°15 Brooklyn Marina have applied for Chapter 11 bankruptcy protection in response to overwhelming debt.

ONE°15 Brooklyn Marina files for Chapter 11 bankruptcy

Singapore's thriving marine industry is set to shine at the upcoming Singapore Yachting Festival 2025, taking place from April 10-13 at <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove. <img src="https://photo-assets.superyachttimes.com/photo/310685/image/large-5858564ede8354b80ab5204258991da2.jpg" data-gid="gid://syiq/Photo/310685">Exhibition spaces are now open for booking, with the third edition of this prestigious event expected to attract around 13,000 visitors. The event will feature an expanded exhibition space with several new highlights, including a dedicated superyacht zone.The <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">2024 edition of the event</a> saw a 25 percent increase in attendees compared to the previous year, underscoring growing local interest in the yachting industry, with the event highlighting Singapore's emergence as a prominent yachting hub.The 2025 edition will bring together leading yacht builders, water-sport enthusiasts, and lifestyle brands, highlighting their innovations and catering to the growing interest from both local and regional audiences.<img src="https://photo-assets.superyachttimes.com/photo/310689/image/large-c691c5a9990eb12784f99da9681f3d3f.jpg" data-gid="gid://syiq/Photo/310689">The 2025 festival will introduce a 1,000+ square metre land-based exhibition hall, showcasing the latest advancements in marine and lifestyle products. This new area will include a variety of exhibitors, from marine engine manufacturers to luxury car brands. An exclusive VIP Lounge will also be available for high-profile guests to network.A key feature of SYF 2025 will be the dedicated superyacht zone, which will include an exclusive lounge for prospective buyers and industry insiders. This area will offer a sophisticated setting for showcasing large yachts and facilitating interactions among industry leaders.<img src="https://photo-assets.superyachttimes.com/photo/310684/image/large-bd4fcc63da036e477856daca19518a2c.jpg" data-gid="gid://syiq/Photo/310684">The festival will further expand its on-water activities, with live demonstrations of various leisure marine pursuits such as fishing, diving, and sailing. These interactive elements aim to enhance visitor engagement and provide hands-on experiences with the latest marine technologies.The event will also be scheduled for later hours in 2025, to ensure more comfortable weather conditions.&nbsp;

Singapore Yachting Festival 2025 dates announced

The upcoming Singapore Yachting Festival 2025, taking place from April 10-13 at ONE°15 Marina Sentosa Cove.

In the opening presentation of the Asia-Pacific Superyacht Summit, Ralph Dazert, Head of Intelligence at <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a>, succinctly highlighted the increase in both the number and size of superyachts visiting the Asia-Pacific. In 2022, 372 unique yachts were either based in or visiting the region. This number increased to 445 in 2023, marking a 20% growth. Moreover, in the first four months of 2024 alone, 405 individual yachts were recorded, about 70 more than the same period in 2023. This suggests that the strong performance of 2023 will be surpassed in 2024, potentially exceeding 500 yachts by the year's end. On average, over 400 yachts per year over 30-metres have been counted in the Asia-Pacific region from 2022 to 2024. This is depicted in the graph below.<img src="https://photo-assets.superyachttimes.com/photo/317611/image/large-c54983b3591b8979a0e327f9eca7d254.jpeg" data-gid="gid://syiq/Photo/317611">Regarding the increase in size of superyachts frequenting the region, <a href="http://superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> <a href="https://www.superyachttimes.com/market-reports/asia-pacific-superyacht-market-report-2024" rel="noopener noreferrer" target="_blank" title="">Asia-Pacific Superyacht Market Report</a> highlights that superyachts in the Asia-Pacific region tend to be slightly larger than the global average. Specifically, 57% of the regional fleet measures between 30 and 40 metres, compared to 63% globally. Notably, over 12% of the Asia-Pacific fleet exceeds 60 metres in length, whereas only 9% of the global fleet surpasses this size. Thus, it appears that yachts travelling in the region are slightly larger on average than those found elsewhere in the world.<img src="https://photo-assets.superyachttimes.com/photo/317607/image/large-4cf1befe28d87e68ee1053b7bfae4d0e.jpg" data-gid="gid://syiq/Photo/317607">However, a major challenge for the industry in the region is the lack of sufficient marina infrastructure to accommodate these larger and growing numbers of superyachts. This issue is problematic, as it is a major deterrent for superyachts visiting the region in the long term. Additionally owners and crews may be dissatisfied with the current state of marina infrastructure services in the region and choose not to return.Will marine development keep up with growing demand?Jonathan Sit, Regional General Manager of <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove in Singapore, shared his insights and explained that he had recently returned from Australia, where he attended a boat show at Sanctuary Cove. “The consensus there was clear: the current infrastructure is insufficient. For instance, Brisbane is set to host the Olympics in 2032, and they anticipate 200 superyachts moving into the region for the event. However, the team there mentioned that there are probably only 70 berths available to accommodate these vessels.”<img src="https://photo-assets.superyachttimes.com/photo/307337/image/large-7fe12dbfee95d11bc1cec02853e20691.jpg" data-gid="gid://syiq/Photo/307337">Sit further explained that as high-profile individuals and others with brand-new yachts plan to journey to Australia, the scramble to build additional berths has begun. In Singapore, which lies on this route, Sit recounted that he and his colleague James Roy are considering how to monetise this influx. However, according to Sit: &nbsp;“The reality is that simply there isn't enough space to host these vessels, as the marina is already at full capacity, and we cannot build fast enough to meet the rising demand.”Ekrem Reyhancioglu, the Director Asia Pacific at <a data-gid="gid://syiq/Company/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Poralu Marine (Company)">Poralu Marine</a>, a company that specialises in Marina construction and consultancy, concurred with Sit's analysis, noting that the construction of marinas typically requires a minimum of 18 months to two years, sometimes longer if part of a larger development. He further highlighted the long-term perspective necessary in marina design, stating, “From an engineering and manufacturing standpoint, we aim for a design life of at least 50 years. Considering how drastically the market can change, as we saw with COVID-19, it's crucial to build marinas that are flexible and can adapt over time.” Ekrem emphasised the importance of having modular and adaptable marinas to effectively respond to market dynamics, both in terms of size and the varying demands of the industry. Public and governmental stigma impeding marina development:As the conversation progressed, Sit elaborated on how public and governmental stigma towards superyachts is hampering marina development in Singapore. He described his interactions with government agencies, highlighting that they would often ask “How can we justify supporting the luxury marina industry when it is perceived to only benefit the elite?” Sit then emphasised that yachting should not be viewed solely as a luxury for the wealthy. “It's about more than just recreation for the elite; it’s also about the broader economic benefits, including job creation, that it can bring to society,” he explained.<img src="https://photo-assets.superyachttimes.com/photo/314129/image/large-513479290f5dbcba736f9e55ba6a85c7.jpg" data-gid="gid://syiq/Photo/314129">This sentiment was further reinforced by Ekrem, who elucidated on the broader impact that marinas can have on the development and future value of the surrounding land. He noted that residential areas with a marina can see an increased value of roughly 20 to 30%. According to Ekrem, this is one of the many benefits that a marina can bring to waterfront development. Marinas attract investments and restaurants and they create jobs. Ekrem emphasised the importance of promoting this industry among local governments and echoed Sit's viewpoint on ensuring that government institutions don't perceive marinas merely as parking lots for yachts, but as sources of value creation for society as a whole, not just for a privileged few.<img src="https://photo-assets.superyachttimes.com/photo/314130/image/large-56ec98ac10b701c87041f51a9cd71131.jpg" data-gid="gid://syiq/Photo/314130">Cassy Wong, Founder of the Kaohsiung International Marinas &amp; Yachts Development Association, a group lobbying the Taiwanese government for improved marina infrastructure for superyachts, highlighted how negative attitudes within the government impact the industry. She explained that even before Covid-19, bringing &nbsp;superyachts to Taiwan was challenging due to the lack of support from government officials. Moreover, Wong recounted instances where potential visitors expressed a strong desire to visit Taiwan. She emphasised that despite Taiwan's hospitality and attractive destinations, the government's refusal to accommodate yachts has discouraged many from visiting.The origin of stigma in marina development:Jonathan noted that in Asia stigma often arises during the development of marinas. In the master planning and business model stages, real estate developers frequently aim to maximise revenue. Sit mentioned that he has received proposals suggesting exclusive membership models with excessively high fees, which could cover costs but ultimately create highly exclusive marinas. These proposals typically include membership prices set at millions of dollars, similar to private clubs in places like Hong Kong. For Jonathan, such exclusivity presents significant monetary barriers, making access difficult for younger or less privileged individuals. Consequently, government officials, who usually focus on the broader population, view these exclusive developments and business models as unhelpful and contribute to the perception of marinas as elitist, thereby reinforcing the stigma.<img src="https://photo-assets.superyachttimes.com/photo/317613/image/large-7159b4f527f63fa6748e11f56658b46b.jpg" data-gid="gid://syiq/Photo/317613"> Will the Asia-Pacific Region see ambitious marina projects like those in the Gulf Region?In other regions around the world, particularly in the Middle East, there are ambitious projects like Neom in Saudi Arabia and various marina developments in Dubai. The panel was asked whether similar developments would soon be seen in Asia. Jonathan responded first, stating that the marina development project in Saudi Arabia is unique due to the unrivalled capital at their disposal. "We have had discussions with local development teams. They are trying to build 15-20 marinas simultaneously. Who has built so many marinas in one go?”Jonathan then underscored that replicating such a large-scale project in Asia would be challenging. "It’s unlikely to happen here at that speed and scale, simply because we need to navigate cross-border regulations and different governments with varying plans and private enterprises with different agendas.” &nbsp;Jonathan then asserted that whilst there definitely would be more marina developments in the Asia-Pacific region, replicating the speed and scale seen in the Gulf region would be challenging.Ekrem affirmed Jonathan's viewpoint and emphasised the importance of comparing like with like. He pointed out that Neom in Saudi Arabia is a single destination with plans for numerous marinas by 2050. In contrast, Asia comprises multiple countries with vast potential. For example, Indonesia and the Philippines alone have around 17,000 and 8,000 islands respectively. Moreover, Ekrem perceived the potential for marina development growth as much greater in Asia, with many countries like Malaysia offering beautiful natural attractions. He added, “At the end of the day, recreational yachting is about visiting beautiful destinations, not just one location with many marinas. So, I fully agree that it will not develop as fast, but in the long term, I think we'll have more marinas here in global Asia, than in the Middle East.”<img src="https://photo-assets.superyachttimes.com/photo/314538/image/large-2e83ae924426291afa4ebb72e59c8cfd.jpg" data-gid="gid://syiq/Photo/314538">Envisioning marina developments in Asia-Pacific region:As for where the panellists envision the most marina developments happening in Asia, Cassy suggested Taiwan. She explained that there are many abandoned fishing facilities in the country. However, she acknowledged that the local government has been resistant to change. “We have the skills for refit and construction, and many of the fishermen's docks are now empty. So, I see a huge possibility for development in Taiwan, but the government needs to be more open to this development for it to progress further.”Ekrem shared this viewpoint, highlighting that <a data-gid="gid://syiq/Company/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Poralu Marine (Company)">Poralu Marine</a> has two marinas and one more under development in Taiwan. He further pointed out that Taiwan is an example of a country where the government has been implementing incentives and regulations to promote marina development. By converting fishermen's harbours into marinas, they are helping to drive the market forward.Moreover, from a more global perspective, Ekrem reiterated the great potential he perceives in Indonesia and the surrounding areas. He referenced that Indonesia, with its 17,000 islands, has fewer marinas than Hong Kong, highlighting the immense growth opportunities. Ekrem also mentioned the Philippines and Malaysia, maintaining that this region, known as the "Coral triangle," holds the highest potential for boating activities. For Ekrem, “The area presents beautiful landscapes, rich natural beauty, and diverse local cultures, which will attract people and yachts from all over the world. The only missing element today is sufficient marina infrastructure.”<img src="https://photo-assets.superyachttimes.com/photo/317614/image/large-05d5ee49aed9d62bcc5075318dedf1e6.jpg" data-gid="gid://syiq/Photo/317614">The main priorities for marine infrastructure in Asia over the next five years:Regarding the future priorities to address structural issues impeding marina development in the region, the panellists emphasised the complexity due to the diverse regulations, maturity levels, cultures, and approaches to boating across over 20 countries. Ekrem identified regulation as the primary challenge and stressed the need to communicate effectively with governments. He reiterated his point that building marinas should be viewed as ecosystems with significant social and economic benefits, contributing to waterfront development and community living spaces.” Once governments understand this, it will be easier to obtain licences, permits, and supportive regulations to promote and push this industry forward.” commented Ekrem. <img src="https://photo-assets.superyachttimes.com/photo/317612/image/large-11d55d5fb3003970c5a088cf2d629b5b.jpg" data-gid="gid://syiq/Photo/317612">Jonathan posited that the industry needs to make it easy for governments to understand their activities. He noted that governmental perspectives often differ from those within the industry, leading to misalignment between their goals and governmental perceptions. "In Singapore, for example, the Singapore Hotel Association monitors occupancy rates, helping to determine how many hotels and rooms are needed," he explained. "This kind of structure is missing in the marina sector," Jonathan continued. "Although there are many associations, none actively aggregate data to effectively pitch ideas to governments," he concluded. <a href="https://www.superyachttimes.com/event" rel="noopener noreferrer" target="_blank" title="">To find out more about SuperYacht Times’ conferences and events, head to our events page.</a>

Will marina development in the Asia-Pacific region meet the growing demand for superyachts?

a major challenge for the industry in the 

Following a successful first day at the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a>, day two provided more insightful topics and discussions from expert panellists. Day two also gave attendees the opportunity to network and connect with colleagues from across the industry in a Networking Dinner.<img src="https://photo-assets.superyachttimes.com/photo/314531/image/large-f5b4257ff0df71414f4eec46208e9ec9.png" data-gid="gid://syiq/Photo/314531">You can catch up with everything that happened during <a data-gid="gid://syiq/Article/60662" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Everything you missed from day one of the Asia-Pacific Superyacht Summit 2024 (2024-06-06 17:00:00 +0200)">day one of the Asia-Pacific Superyacht Summit here</a>.&nbsp;Day two included a welcome coffee event in the morning, before attendees and panellists took their seats for the first discussion below.<img src="https://photo-assets.superyachttimes.com/photo/314128/image/large-98f0a44cf8d502b6a45ef76f54a5d790.jpg" data-gid="gid://syiq/Photo/314128">The Business of Marinas: How to build a successful marina in Asia<ul><li>Jonathan Sit of <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a></li><li>Ekrem Reyhancioglu of Poralu Marine</li><li>Cassy Wong of KIMDA</li></ul>Ekrem Reyhancioglu began by emphasising the shift from viewing marinas merely as yacht parking to recognising them as profitable components of broader waterfront developments. He described modern marinas as dynamic ecosystems that attract both yacht owners and non-owners, ultimately enhancing their profitability and appeal as destinations.Jonathan Sit agreed, focusing on the evolving business models of marinas toward sustainability. He highlighted the industry's move towards eco-friendly practices, spurred by the need to address environmental concerns and appeal to environmentally conscious generations like millennials and Gen Z.<img src="https://photo-assets.superyachttimes.com/photo/314133/image/large-da74fbe67d48dd0419457f51a8859673.jpg" data-gid="gid://syiq/Photo/314133">Cassy Wong pointed to Hercules Port in Monaco as an example of success, noting its combination of favourable weather, luxurious lifestyle, and comprehensive services that cater to every need of yacht arrivals, from refits to safe berthing, making it a premier destination for the elite.Ekrem cited the complexity of marina regulations across over twenty diverse countries as a significant challenge and stressed the importance of educating governments about the multifaceted role of marinas beyond just docking facilities; having characterised them as vibrant ecosystems that could benefit from more supportive governmental policies on regulations, licensing, and taxes.Jonathan emphasised the necessity for the marina industry to improve how it communicates its goals and operations to governments, noting a misalignment between what the industry aims to do and governmental perceptions. He referenced the effectiveness of the Singapore Hotel Association in uniting hotels to manage and share data, which helps in planning infrastructure.<img src="https://photo-assets.superyachttimes.com/photo/314139/image/large-a0356e9e63035e9c737f14711ba48490.jpg" data-gid="gid://syiq/Photo/314139">How European yacht builders try to attract more Asian clients<ul><li>Giorgio Cassetta, Founder of <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a></li><li>Gabriele Stella, Head of Sales, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a></li><li>Federico Rossi of <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a></li><li>Burak Akgül of <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a></li></ul>The panel brought together industry experts to delve into the strategies employed by European yacht builders and designers to appeal to Asian clients.&nbsp;Federico elaborated on <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>'s strategic shift towards focusing on the Asian market, stressing the importance of understanding the unique mentality and market dynamics of the region.<img src="https://photo-assets.superyachttimes.com/photo/314138/image/large-0112498f9ad08eb1915b2d0c30f6ff13.jpg" data-gid="gid://syiq/Photo/314138">Giorgio then provided insights into design preferences, highlighting the importance of tailored designs that cater to Asian customers' preferences, particularly focusing on the significance of shaded decks to fit the climate.Gabriele also discussed <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s approach to developing yacht designs tailored specifically to the Asian market, focusing on the investment they have made in interior design and the involvement of designers to meet the unique preferences of Asian clients.The panel also explored the concept of brand value in the region, drawing on insights from Perini Navi's experiences and accentuating the importance of maintaining a consistent brand essence and delivering exceptional quality.<img src="https://photo-assets.superyachttimes.com/photo/314140/image/large-abe35c3b5b9311690ecc83b45fb48759.jpg" data-gid="gid://syiq/Photo/314140">Creating a charter market in Indonesia with phinisi yachts<ul><li>Yann Martinie de Maisonneuve, Co-Founder &amp; Director, <a data-gid="gid://syiq/Company/7638" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pacific High (Company)">Pacific High Cruises</a></li></ul>The discussion began with an interesting presentation from Yann about the foundation of his business and his motivations for building phinisi style yachts in the traditional way in Indonesia. This was shared alongside a presentation of the company’s vessels, alongside images of their 5,000 square-metre beachside construction facility.&nbsp;Following this, Enrico Chhibber, Features Writer at SuperYacht Times, hosted a Q&amp;A with Yann to get a deeper understanding of the challenges and opportunities that phinisi yachts in particular offer to the market. Having begun the construction of his first boat only weeks after arriving in Indonesia, Yann has an unusually deep insight into the complexities of the phinisi yacht construction. He also shared some of the spectacular opportunities that the region holds from a yacht cruising perspective.<img src="https://photo-assets.superyachttimes.com/photo/314144/image/large-a63ac81f8d0c673f1ae66ce6e234d078.jpg" data-gid="gid://syiq/Photo/314144">The future of yacht construction in Asia<ul><li>Rod Davis, Chief Operating Officer, <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a></li><li>Allen Leng, <a data-gid="gid://syiq/Company/2561" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heysea Yachts (Company)">Heysea</a></li><li>Glenn Armstrong, Maritime Cook Islands</li><li>Dan Mundy, <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a></li></ul>The panel evaluated the challenges currently faced by builders within the region, looking into topics such as the labour market, supply chain and local demand. &nbsp;Rod discussed <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a>' decision to move aspects of their production capacity to China and how they streamlined their processes to leverage the strengths and skills of their Chinese facilities.<img src="https://photo-assets.superyachttimes.com/photo/314145/image/large-e8c4e466618e791f07e9ddc38a965d62.jpg" data-gid="gid://syiq/Photo/314145">Allen noted the challenge of maintaining high standards in a rapidly maturing market, while Rod elaborated on the necessity of hard work, supervision, and strict quality control measures, particularly in overcoming setbacks caused by COVID-19.Rod expressed confidence in the region's capability to become a key player in custom yachts over 60 metres, citing facilities capable of producing up to 120-metre yachts, while Allen emphasised the government's control over water sources as a crucial factor in the industry's growth.Dan stressed the importance of maintaining an international design perspective and mentioned that Ocean Alexander has ongoing projects in the 45-metre range and plans to expand into sub-500 GT yachts between 30-50 metres.<img src="https://photo-assets.superyachttimes.com/photo/314149/image/large-f0e4b18a9d89fab731378f60be326294.jpg" data-gid="gid://syiq/Photo/314149">Navigating the new-build journey<ul><li>Yerin Hobson, CEO, <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow Monaco</a></li><li>Roy Chan, Legalmapp</li><li>Antony Cowie, Cowie &amp; Co</li><li>Paris Baloumis, <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a></li></ul>This panel provided valuable insights into the intricacies of managing new-build yacht projects, emphasising the importance of thorough planning, transparent communication, and effective legal strategies to ensure successful outcomes.Paris opened the discussion by discussing how to minimise changes during the yacht building process, while Antony stressed how it is crucial not to rush the contract phase to ensure a smoother process and minimise changes during the build.<img src="https://photo-assets.superyachttimes.com/photo/314151/image/large-ccdf13aa0334f8a6254b23e4fecbb6cc.jpg" data-gid="gid://syiq/Photo/314151">Although he was unable to attend, Yersin’s insights on a growing interest in larger, fully custom yachts in the Asian market were shared. He expressed how brands like <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> have been successful in selling boats in this region, indicating that clients are increasingly ready to acquire larger yachts.Antony explained how managing client’s expectations both in new builds and brokerage sales is extremely important. He said that transparency throughout the process is vital from a yard’s point of view, ensuring that clients understand the complexities and timelines involved in a new-build project.Roy shared his experiences dealing with legal disputes involving shipyards and cash flow difficulties and how these often arise from misaligned expectations and financial management issues. He emphasised the importance of clear contracts and proactive legal measures to handle such disputes effectively.<img src="https://photo-assets.superyachttimes.com/photo/314156/image/large-69180caee9fef2d4f4a2820c482d73af.jpg" data-gid="gid://syiq/Photo/314156">Travelling off the beaten track<ul><li>Nick Davies, Managing Director at Cookson Adventures</li></ul>During the course of the two days many panellists and delegates inferred that yacht cruising in the Asia-Pacific region is cruising ‘off the beaten track’ by very definition, because there is so little infrastructure to support yachts and so many places to explore. A true expert on this topic, Nick Davies presented some of the most unusual and exciting adventures that the region had to offer, but also shared his insight on the demands of regional clients when they are considering adventurous yacht travel. <img src="https://photo-assets.superyachttimes.com/photo/314157/image/large-d795cd3395e47b2b88287b0c5f22a3da.jpg" data-gid="gid://syiq/Photo/314157">Raised in Hong Kong, Nick knows the region well, and has worked with many local clients over the past 15 years to tap into some of its most unexplored regions. Sharing his insight, he discussed some of the challenges that superyacht and land-based adventure travellers face, offering an insight into how the Cookson Adventures team set up a rugged infrastructure to ensure that their trips - which can last years - run as smoothly as possible.In addition, Nick explained how clients look to spend their time onboard their yachts, whether as owners or charterers, and gave the delegates an insight into some of the scientific and conservation projects that clients have undertaken in recent years. Many of the company’s clients specifically seek out underfunded scientific research programmes to undertake during their expeditions and sabbaticals, offering funding that in other times is very hard to come by. <img src="https://photo-assets.superyachttimes.com/photo/314161/image/large-93178503581f46b7adcf07b599d32b24.jpg" data-gid="gid://syiq/Photo/314161">Keynote interview with Rose Damen of Damen YachtingFrancesca Webster was proud to be joined on stage by Rose Damen, Managing Director of <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> and one of the leading female figures in the yachting industry. During the course of their 45 minute Q&amp;A, Rose shared a detailed insight into the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>’s perspective on the Asia Pacific region, highlighting the success of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> Limited Editions brand in the region and the increasing popularity of the Yacht Support vessels, both within the region and beyond.&nbsp;Sharing her own personal experiences of living in Asia and the fact that <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> had 25% Asia-Pacific clientele (before the Covid-19 pandemic), she was able to give a detailed insight into the perspective of local clientele. She also explained the origin of her own decision to join the family business within the yachting, rather than commercial, sector, and her insight into the development of the yacht industry in her years with the company. <img src="https://photo-assets.superyachttimes.com/photo/314160/image/large-f926177ae144e39395242a8fc00e644d.jpg" data-gid="gid://syiq/Photo/314160">During the course of the interview, delegates from the audience asked questions about the challenges the shipyard has faced in recent years and she was candid with the reasoning for the yards focus on the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> Limited Editions platforms, which have been exceedingly successful since the 1990s. Rose shared that <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> invested between €10-12 million in the development of a new Limited Editions series and gave the audience an insight into the process which takes place in collaboration with owners, designers and the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> team.&nbsp;Rose is also a fierce advocate for the promotion of women in yachting, and the company hosted an event on the Tuesday before the event gathering the local community together onboard a yacht cruising in the harbour. She shared her passion for this venture and also noted that <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> works hard to advocate for the promotion of all young people in the superyacht sector. <img src="https://photo-assets.superyachttimes.com/photo/309712/image/large-06de7766ac2658eed9825f9bdb17b7cf.jpg" data-gid="gid://syiq/Photo/309712">

Asia-Pacific Superyacht Summit 2024: A full summary of day 2

Following a successful first day, we take a look at everything that happened during day two of the Asia-Pacific Superyacht Summit 2024.

A full summary of day 2 of the Asia-Pacific Superyacht Summit 2024

With just a few weeks until the inaugural <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a>, now is the time to purchase the few last remaining tickets. Taking place in Hong Kong on the 5 and 6 June, at the Renaissance Hong Kong Harbour View Hotel, the event is expecting around 150 guests to attend the two-day event.With only a few more tickets left, here are five reasons why you don’t want to miss out!<img src="https://photo-assets.superyachttimes.com/photo/312026/image/large-cae7333ab7c5de24f6c02192de857487.png" data-gid="gid://syiq/Photo/312026">1. The best networking in the regionWith more than 10 hours of networking in the programme, including a dinner at the Royal Hong Kong Yacht Club, you can be sure that amongst the 150 delegates, you will make many new connections with attendees from Asia, the Pacific, Europe and the Middle East.&nbsp;Meet people from some of the industry’s top yacht builders and designers including <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>, <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a>, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a>, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> and <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">SilverYachts</a>.&nbsp;2. Meet Family Offices &amp; CaptainsSuperYacht Times has invited over 50 family offices from Asia to join the first edition of the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a>. The event also expects to see a good number of yacht captains who are based in Asia in attendance.Also meet people from financial institutions including Voyager, UBS and <a data-gid="gid://syiq/Company/7628" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="InvestHK (Company)">InvestHK</a>, as well as the key individuals who manage yachts in the region, such as Lodestone Yachts, <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow Monaco</a>, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> and more.&nbsp;3. Hong Kong home to 75+ superyacht ownersAccording to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, there are more than 75 yacht owners from Hong Kong with yachts over 30-metres. Hong Kong is currently the leading hub in Asia for superyacht owners and hosts a substantial number of yachts.&nbsp;The city is home to 67 billionaires (Forbes 2024), and holds huge potential from the perspective of superyacht ownership. Take advantage of your visit to the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> to arrange meetings with owners and their teams.&nbsp;4. Excellent speaker line-up &amp; contentThe <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> features presentations and panels led by some of the most respected and knowledgeable figures in the superyacht industry.&nbsp;With a carefully curated selection of topics, attendees include:<ul><li>Yerin Hobson CEO of <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow Monaco</a></li><li>Giorgio Cassetta, Founder of <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a></li><li>Rod Davis Chief Operating Officer at <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a></li><li>Issam Kazim CEO of <a data-gid="gid://syiq/Company/6865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Tourism (Company)">Dubai Economy &amp; Tourism&nbsp;</a></li><li>Gabriele Stella Head of Sales at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a></li><li>Burak Akgül of <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a></li><li>Mark Woodmansey Head of Brokerage Asia at <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a></li><li>Jonathan Sit of <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a></li><li>Federico Rossi of <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a></li><li>Omi Tanchanok owner of the 31.45-metre <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a> yacht <a data-gid="gid://syiq/Yacht/1494" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="For Your Eyes Only31.45m (103'2&quot;)Astondoa S.A. (Astilleros)2004">For Your Eyes Only</a>&nbsp;</li><li>And many more!</li></ul>The event will conclude with a keynote interview with Rose Damen of <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, who will cover <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>'s perspective on the value of the Asia-Pacific region, the yard's strategy over the coming years and the changing landscape of the superyacht construction sector.You can <a data-gid="gid://syiq/Article/59887" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit 2024 programme announced (2024-04-04 17:00:00 +0200)">find out more about the programme and see the full list of speakers here</a>.5. Market insights and trends&nbsp;The <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> provides in-depth insights into the latest market trends, technological advancements, and regulatory changes affecting the superyacht industry in the Asia-Pacific region. After COVID-19, much of the yachting industry has overlooked Asia, making this summit a unique opportunity to connect with key players and gain insights into regional developments and business opportunities.Understanding these trends is crucial for making informed business decisions and staying competitive in the dynamic superyacht market, allowing you to identify who the key players are in the industry. You can also pick up a copy of SYT’s Asia-Pacific Superyacht Report which will be released at the event, with details explaining the potential for the market and region.<img src="https://photo-assets.superyachttimes.com/photo/309712/image/large-5566d3ba59bf9ae5f96b31f1d44eef19.jpg" data-gid="gid://syiq/Photo/309712">

Top 5 reasons to attend the Asia-Pacific Superyacht Summit 2024

With just a few weeks until the inaugural Asia-Pacific Superyacht Summit, we take a look at the top 5 reasons to attend this year's event.

Singapore-based marina operator <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> has announced its expansion into Thailand with the development of <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> Marina Panwa Phuket.<img src="https://photo-assets.superyachttimes.com/photo/309921/image/large-75d6df266941e5ee449152aa5715c95c.jpg" data-gid="gid://syiq/Photo/309921">In collaboration with SUTL Enterprise and the Numchai Group, the new marina marks a significant milestone in the expansion of the <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> network. In 2023, <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> announced the launch of the <a data-gid="gid://syiq/Company/7246" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina Nirup Island (Company)">ONE°15 Marina Nirup Island</a> marina, located off the coast of Batam, Indonesia.Read: <a data-gid="gid://syiq/Article/58179" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ONE°15 Marina Nirup Island launched in Indonesia (2023-07-24 11:15:00 +0200)">ONE°15 Marina Nirup Island launched in Indonesia</a><img src="https://photo-assets.superyachttimes.com/photo/309920/image/large-a96ad35650e4ba7df1e354b14c54505a.jpg" data-gid="gid://syiq/Photo/309920">SUTL Enterprise is the owner and developer of <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> Marina Sentosa Cove, Singapore, which opened in 2007 and hosts the ICOMIA Boating Industry Conference, as well as the Singapore Yachting Festival.“Harnessing the established <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> brand, we are excited to add another marina to our global network” explained Arthur Tay, CEO and Executive Director of SUTL Enterprise. “<a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> Marina Panwa Phuket is committed to delivering the best-in-class marina standards and experience that our esteemed ONE°15 members and boaters worldwide can expect.”&nbsp;Located at the southernmost tip of Thailand, <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> Marina Panwa Phuket will be the nearest departure point to the highly coveted Phi Phi Islands. The marina will provide a launchpad to explore Phuket, allowing for island-hopping adventures across the Andaman Sea. <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)"><img src="https://photo-assets.superyachttimes.com/photo/309922/image/large-0cb7eb91d245c90b405e5c152fca4c34.jpg" data-gid="gid://syiq/Photo/309922">ONE°15</a> Marina Panwa Phuket is expected to be open by Q4 2024, where it will be welcoming superyachts up to 37 metres. The collaboration with the Numchai Group will allow for the development of upscale dining options and recreational club facilities, ensuring an exceptional experience for marina guests.&nbsp;Moreover, both guests and members can look forward to exceptional yacht charter experiences, including on-water entertainment with live DJs and delicious local cuisine.“We look forward to welcoming <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> members, new and existing, to this exciting new marina location,” concluded Arthur Tay.

ONE°15 Marina to launch marina in Panwa Phuket, Thailand

Singapore-based marina operator ONE°15 Marina has announced its expansion into Thailand with the development of ONE°15 Marina Panwa Phuket.

ONE°15 Marina expands network into Panwa Phuket, Thailand

<a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> is pleased to announce that they will be supporting the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival 2024</a> as a media partner. Taking place from 25 to 28 April at the <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove, Singapore, <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">SYF</a> plans to host around 12,000 visitors, with around 70 yachts on display up to 55 metres.<img src="https://photo-assets.superyachttimes.com/photo/308293/image/large-c1456cd0c3cea1e5fa12a518e78d5caf.jpg" data-gid="gid://syiq/Photo/308293">Singapore has long been regarded as a gateway and hub of Asia’s marine industry, the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> will reinforce the exciting growth of the yachting industry by providing an event platform for world-leading yacht builders, water-sport toys, and lifestyle brands to showcase their products for the ever-increasing appetite of the Singapore and Asia audience."The level of interest in the first <a data-gid="gid://syiq/Event/191" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2023 ">Singapore Yachting Festival</a> was incredible, it showed that more and more people are keen to explore the boating lifestyle in this part of the world, especially from the local communities as boat ownership has become more affordable and understood," commented Wade Pearce, founder of the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a>."We look forward to supporting <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> to build on the success of 2023 to make the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> the leading event in the region and an event for everyone.”<img src="https://photo-assets.superyachttimes.com/photo/308292/image/large-072c4bf85ca944bfaeb652317c0947e5.jpg" data-gid="gid://syiq/Photo/308292">Ahead of the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> the inaugural ICOMIA Boating Industry Conference 2024 will be held on 23 and 24 April. Presented by the International Council of Marine Industry Associations and the Singapore Boating Industry Association, the event will discuss themes such as sustainable business practices for long-term growth, and guidance for decarbonisation in the recreational marine industry.In the last couple of weeks several superyachts have joined the line-up for the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival 2024</a>. Some of the the yachts on display at this year's show include: &nbsp;<ul><li>55.7-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> superyacht <a data-gid="gid://syiq/Yacht/2496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galileo55.7m (182'9&quot;)Perini Navi2011">Galileo</a> with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> &nbsp;</li><li>39.6-metre <a data-gid="gid://syiq/Company/1165" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros MCIES (Oassive) (Company)">Astilleros MCIES</a> yacht <a data-gid="gid://syiq/Yacht/1646" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silentworld39.6m (129'11&quot;)Astilleros MCIES (Oassive)2006">Silentworld</a> with <a data-gid="gid://syiq/Company/7526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Iseo Yachting (Company)">Iseo Yachting</a> &nbsp;</li><li>35.75-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SD118 with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> &nbsp;</li><li>29.11-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> X95 with <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> and <a data-gid="gid://syiq/Company/4820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat Lagoon Yachting (Company)">Boat Lagoon Yachting</a>&nbsp;</li><li>27.03-metre wallywhy 200 with <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>&nbsp;</li><li>26.82-metre <a data-gid="gid://syiq/Company/7491" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hudson Yacht (Company)">Hudson</a> HH88 <a data-gid="gid://syiq/Yacht/13583" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Crazy Love26.82m (87'12&quot;)Hudson Yacht2023">Crazy Love</a> with HH Catamarans</li></ul><img src="https://photo-assets.superyachttimes.com/photo/308294/image/large-4030703190589e608879befcd921fd26.jpg" data-gid="gid://syiq/Photo/308294">“The <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> and our event the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> share a coming goal of bringing more superyachts to Asia and get more people boating, so I am very happy to partner with them,” added <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> Founder &amp; Director, Merijn de Waard.Netherlands-based yacht builder <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> will also be joining the lineup at the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> as a sponsor, as well as a event partners for the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a>.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/59887" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit 2024 programme announced (2024-04-04 17:00:00 +0200)">Asia-Pacific Superyacht Summit 2024 programme announced</a>Taking place in Hong Kong on the 5 and 6 of June, at the Renaissance Hong Kong Harbour View Hotel, the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> aims to develop the Asian superyacht market in a bid to attract more yachts to the region.

SuperYacht Times partners with the Singapore Yachting Festival

SuperYacht Times is pleased to announce that they will be supporting the Singapore Yachting Festival 2024 as a media partner. 

SuperYacht Times partners with the Singapore Yachting Festival 2024

The inaugural <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> is taking place in Hong Kong on the 5 and 6 of June, at the Renaissance Hong Kong Harbour View Hotel. The summit aims to develop the Asian superyacht market in a bid to attract more yachts to the region.Like our successful <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit</a>, the two day event will include a Networking Dinner on the first evening of the event, where attendees can network with colleagues from across the industry.<img src="https://photo-assets.superyachttimes.com/photo/307397/image/large-021baa62f67a7e639d039baac6c862d8.png" data-gid="gid://syiq/Photo/307397">Wednesday 5 June 202408:30 - 09:30 - Welcome Coffee09:30 - 09:35 Opening words by Merijn de Waard, Founder &amp; Director of SuperYacht Times09:35 - 09:55 Presentation of the Asia-Pacific Superyacht ReportA presentation of the Asia-Pacific Superyacht Report by <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>' Head of Intelligence Ralph Dazert. <img src="https://photo-assets.superyachttimes.com/photo/309975/image/large-c22e0e43dd649aa64696445bcc840c69.png" data-gid="gid://syiq/Photo/309975">09:55 - 10:15 - Welcome words from Invest Hong KongA warm welcome to the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> from Head of Consulate and Chamber Engagement, KC Lam of I<a data-gid="gid://syiq/Company/7628" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="InvestHK (Company)">nvest HK</a>.<img src="https://photo-assets.superyachttimes.com/photo/307307/image/large-8d54dfdb69ee631869a97ec4ac183d65.png" data-gid="gid://syiq/Photo/307307">10:15 - 11:00 - Managing &amp; operating yachts in the Asia-PacificLooking from an operational perspective, this panel will look at the challenges faced by yachts cruising in the region. It will give an overview of the maintenance and refit of yachts already in Asia and look at the infrastructure currently in situ, while also discussing topics such as insurance and training.Confirmed speakers:&nbsp;<ul><li>Joe Yuen, Lodestone Yachts</li><li>Andy Shorten, <a data-gid="gid://syiq/Company/2986" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Lighthouse Consultancy (Company)">The Lighthouse Consultancy</a>&nbsp;</li><li>Colin Dawson, Managing Director, <a data-gid="gid://syiq/Company/7583" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The George Group (Company)">The George Group</a> and Technical Representative on behalf of <a data-gid="gid://syiq/Company/7582" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Howden Insurance (Company)">Howden Insurance Brokers</a>,</li><li>Nigel Tang, Captain of 53.4-metre <a data-gid="gid://syiq/Yacht/62" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nonni II53.4m (175'2&quot;)Mariotti Yachts2008">Nonni II</a></li><li>Gordon&nbsp;Fernandes of <a data-gid="gid://syiq/Company/5448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Pacific Superyachts (Company)">Asia Pacific Superyachts</a></li></ul>11:00 - 11:30 - Coffee Break<img src="https://photo-assets.superyachttimes.com/photo/307323/image/large-affe86b63505c3ad70e45c0449d77f65.png" data-gid="gid://syiq/Photo/307323">11:30 - 11:55 - Building a yacht charter fleet in AsiaQ&amp;A with Omi Tanchanok Vajarodaya owner of the 31.45-metre <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a> motor yacht <a data-gid="gid://syiq/Yacht/1494" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="For Your Eyes Only31.45m (103'2&quot;)Astondoa S.A. (Astilleros)2004">For Your Eyes Only</a>. <img src="https://photo-assets.superyachttimes.com/photo/307396/image/large-474df6f3ff101fc0b240a336a687028e.png" data-gid="gid://syiq/Photo/307396">11:55 - 12:35 -&nbsp;How to get more yachts in Asia-Pacific and develop a charter market?&nbsp;The Asia-Pacific region has a huge amount to offer charter clients, with the islands of Thailand and Indonesia, the waters of the Maldives, Seychelles and beyond, yet it is not one of the most heavily frequented regions for superyachts. This panel will cover the potential of the region, and discuss ways that we can encourage more owners to bring their yachts to Asia.Confirmed Speakers:&nbsp;<ul><li>David Good, CEO, <a data-gid="gid://syiq/Company/7593" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Australian International Marine Export Group (AIMEX) (Company)">Australian International Marine Export Group (AIMEX)</a></li><li>Lies Sol of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a></li><li>Eric Noyel of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Asia</li><li>Julien Solari Asia Chief Commercial Officer, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a></li></ul><img src="https://photo-assets.superyachttimes.com/photo/309991/image/large-c8033114758ba1206f27ae9c0a2753af.png" data-gid="gid://syiq/Photo/309991">12:35 - 13:05 - How Dubai became a hub for UHWNI superyachtsWe delve into the evolution of Dubai's status as a premier destination for Ultra High Net Worth Individuals (UHNWIs) and their superyachts, exploring the factors behind its rise as a hub in the superyacht industry. From its strategic location to its luxurious amenities and services, we discover why Dubai has become the sought-after playground for the world's most affluent yacht owners.Confirmed Speakers:<ul><li>Issam Kazim, CEO of <a data-gid="gid://syiq/Company/6865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Tourism (Company)">Dubai Economy &amp; Tourism</a></li></ul>13:05 - 14:30 - Networking Lunch<img src="https://photo-assets.superyachttimes.com/photo/307321/image/large-2e3072bc0dd28de357a73a27a5004c00.png" data-gid="gid://syiq/Photo/307321">14:30 - 15:10 -&nbsp;Selling superyachts in AsiaA panel discussion with a number of local brokerage experts, discussing the most important topics around the sale of superyachts in the Asian markets. The panel will cover topics such as; the current state of the market, how it has developed over the past decade, the potential of the region and its individual countries, the owners and what needs to change – among other topics.&nbsp;Confirmed speakers:<ul><li>James Clayton, Sales Director, <a data-gid="gid://syiq/Company/7547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Superyachts (Company)">Simpson Superyachts</a></li><li>Mark Woodmansey, Head of Brokerage, Asia at <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a></li><li>Carmen Lau Stratton, Senior Advisor, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a></li><li>Andrew Pitchford, Director of Sales &amp; Marketing, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Asia Pacific</li></ul><img src="https://photo-assets.superyachttimes.com/photo/312935/image/large-4409d82982969c9bb42725989af517e9.png" data-gid="gid://syiq/Photo/312935">15:10 - 15:40 - Interview with Kenneth Leung of the Lai Sun Group 15:40 - 17:00 - Closing Drinks 19:30 - Networking Dinner<img src="https://photo-assets.superyachttimes.com/photo/307398/image/large-8d10ab6b89e8ae695f9b0da924da1d2e.png" data-gid="gid://syiq/Photo/307398">Thursday 6 June 202408:45 - 09:45 - Welcome Coffee<img src="https://photo-assets.superyachttimes.com/photo/311016/image/large-39c2d6db22396c0bfdaa7ea252c383e3.png" data-gid="gid://syiq/Photo/311016">09:45 - 10:20 - The Business of Marinas: How to build a successful marina in AsiaFrom leveraging regional market trends to embracing sustainable practices, we dissect the blueprint for a prosperous marina venture.&nbsp;Confirmed speakers:<ul><li>Jonathan Sit of <a href="https://www.superyachttimes.com/companies/one-15-marina" rel="noopener noreferrer" target="_blank" title="">ONE°15 Marina</a></li><li>Ekrem Reyhancioglu of Poralu Marine</li></ul><img src="https://photo-assets.superyachttimes.com/photo/307358/image/large-22476031d86caf8307535a3f051578fe.png" data-gid="gid://syiq/Photo/307358">10:20 - 11:00 - How European yacht builders try to attract more Asian clientsWith shipyard's fixing their sights on the Asian market, is it necessary for superyacht designs to be tailored specifically to buyers from this region? The topic will cover the design requests made by Asian or Asia-based clients, the rising popularity of certain models in the region, the cruising trends of clients within the region and the differences between the various countries within the region from a design perspective.Confirmed speakers:<ul><li>Giorgio Cassetta, Founder of <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a></li><li>Gabriele Stella, Head of Sales, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a></li><li>Federico Rossi of &nbsp;<a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a></li><li>Burak Akgül of <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a></li></ul>11:00 - 11:30 - Coffee Break<img src="https://photo-assets.superyachttimes.com/photo/307359/image/large-d8f5aa56e46fdb51eb14b30cca77cfcc.png" data-gid="gid://syiq/Photo/307359">11:30 - 11:55 - Creating a charter market in Indonesia with Phinisi yachtsExplore the potential of Indonesia's charter market with Phinisi yachts. Learn how to navigate regulatory challenges, tap into local demand, and create unforgettable experiences for travellers amidst Indonesia's stunning archipelago.Confirmed Speakers:• Yann Martinie de Maisonneuve, Co-Founder &amp; Director, Pacific High Cruises<img src="https://photo-assets.superyachttimes.com/photo/309234/image/large-34e81ff8fbf606ff1bc99eca407cd45a.png" data-gid="gid://syiq/Photo/309234">11:55 - 12:35 - The future of yacht construction in AsiaWith a number of yacht builders, such as <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a>, <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a>, <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a> and <a href="https://sya.superyachttimes.com/companies/horizon-yachts" target="_blank">Horizon</a>, already producing yachts in the region, we take a look at the wider state of the Asian yacht building market. The panel will evaluate the challenges currently faced by builders within the region, looking into topics such as the labour market, supply chain and local demand. &nbsp;Confirmed Speakers:<ul><li>Rod Davis, Chief Operating Officer, <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a></li><li>Allen Leng, Heysea</li><li>Glenn Armstrong, Maritime Cook Islands</li><li>Dan Mundy, <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a></li></ul><img src="https://photo-assets.superyachttimes.com/photo/312355/image/large-14824302df75c8c9cef44e85bfedc550.png" data-gid="gid://syiq/Photo/312355">12:35 - 13:10 - Navigating the new-build journey<ul><li>Yerin Hobson, CEO, <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow Monaco</a></li><li>Roy Chan, Legalmapp</li><li>Antony Cowie, Cowie &amp; Co</li></ul>13:10 - 14:40 - Networking Lunch<img src="https://photo-assets.superyachttimes.com/photo/307362/image/large-7f9224df385587b9d7964b1dba907223.png" data-gid="gid://syiq/Photo/307362">14:40 - 15:10 - Travelling off the beaten trackQ&amp;A with Nick Davies, Managing Director at Cookson Adventures<img src="https://photo-assets.superyachttimes.com/photo/307361/image/large-f7a1a396c636bdee0fc1796be60a0d28.png" data-gid="gid://syiq/Photo/307361">15:00 - 15:55 - Keynote interview with Rose Damen of Damen YachtingRose Damen, Managing Director, <a href="https://www.superyachttimes.com/companies/damen-yachting" rel="noopener noreferrer" target="_blank" title="">Damen Yachting</a> will join us for the keynote interview to close the two day event. The Q&amp;A will cover <a href="https://www.superyachttimes.com/companies/damen-yachting" rel="noopener noreferrer" target="_blank" title="">Damen Yachting</a>'s perspective on the value of the Asia-Pacific region, the yard's strategy over the coming years and the changing landscape of the superyacht construction sector. 15:55 - 16:00 - Closing Words&nbsp;by Merijn de Waard, Founder &amp; Director of SuperYacht Times<img src="https://photo-assets.superyachttimes.com/photo/309712/image/large-06de7766ac2658eed9825f9bdb17b7cf.jpg" data-gid="gid://syiq/Photo/309712">

Asia-Pacific Superyacht Summit 2024 programme

New topics and speakers have now been unveiled for the inaugural Asia-Pacific Superyacht Summit 2024.

Asia-Pacific Superyacht Summit 2024 programme announced

<a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> has announced the launch of its new marina on Nirup Island, Indonesia. The marina was opened with a launch party attended by members and distinguished guests on the island.<img src="https://photo-assets.superyachttimes.com/photo/279048/image/large-1623fc754a41f3ab321a6b1e716a819b.png" data-gid="gid://syiq/Photo/279048"><a data-gid="gid://syiq/Company/7246" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina Nirup Island (Company)">ONE°15 Marina Nirup Island</a> is a private island located off the coast of Batam, Indonesia and less than eight nautical miles from Singapore. The island is an eco-luxury paradise that offers a harmonious blend of calm and adventure that presents exceptional amenities while prioritising marine and environmental conservation.<img src="https://photo-assets.superyachttimes.com/photo/279055/image/large-bdcc3feac225b93d8533235bf60788b2.jpg" data-gid="gid://syiq/Photo/279055"><img src="https://photo-assets.superyachttimes.com/photo/279053/image/large-6788b8a7e7123443eb248743fdeebb67.jpg" data-gid="gid://syiq/Photo/279053"><img src="https://photo-assets.superyachttimes.com/photo/279052/image/large-95d8fc34b5fce2ef9d6ff8cdbffbfba8.jpg" data-gid="gid://syiq/Photo/279052">The launch party consisted of an opening ceremony, which included a traditional welcome by Team Kompang, a silat performance by Team Pencak Silat and a traditional opening dance by Tari Kreasi. The ceremony was then summarised by a speech from Jimmi Ho, Commissioner of PT Tritunas Sinar Benua (TSB) and the presentation of a plaque by Mr Hartono, President Commissioner of TSB.<img src="https://photo-assets.superyachttimes.com/photo/279051/image/large-ca3751e2b4a6d39117cc979152a23e64.jpg" data-gid="gid://syiq/Photo/279051">“The inauguration of the ferry terminal and marina on Nirup Island marks the beginning of grand aspirations for advancing tourism in the Riau Islands,” explained Jimmi Ho. “Nirup Island is expected not only to act as a magnet for tourists but also to become an attractive destination for investors wishing to invest in the Riau Islands.”<img src="https://photo-assets.superyachttimes.com/photo/279050/image/large-1c01e5c7d438ffab5490bb087673c416.jpg" data-gid="gid://syiq/Photo/279050">The launch also saw guests receive a villa tour of The Riahi Residences and a village tour of Belakang Padang – a small island off Nirup Island, with a beach club, live music and water toys for guests to enjoy.<img src="https://photo-assets.superyachttimes.com/photo/279047/image/large-6994ae3dd23d7f95a074ad66d3795ecc.jpeg" data-gid="gid://syiq/Photo/279047">The launch party was made possible by sponsors, <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, <a data-gid="gid://syiq/Company/3590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seabob Adriatic (Company)">SEABOB</a>, SYC Powersports, <a data-gid="gid://syiq/Company/6496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hong Seh Marine (Company)">Hong Seh Yachting</a>, <a data-gid="gid://syiq/Company/4820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat Lagoon Yachting (Company)">Boat Lagoon Yachting</a> and Kairos Strategic. <img src="https://photo-assets.superyachttimes.com/photo/279054/image/large-c1f463695166a79a12106c8f1418f035.jpg" data-gid="gid://syiq/Photo/279054">“As the marina sets sail into full operation, we anticipate a consistent influx of boaters, charterers, and private yachts seeking exceptional amenities and new experiences,” concluded Arthur Tay, Chairman and CEO of SUTL Enterprise.<img src="https://photo-assets.superyachttimes.com/photo/279049/image/large-b314a0b928a2feccf9ba5a3024473410.jpeg" data-gid="gid://syiq/Photo/279049">

ONE°15 Marina Nirup Island Indonesia opens

ONE°15 Marina has announced the launch of its new marina on Nirup Island, Indonesia.

ONE°15 Marina Nirup Island launched in Indonesia

The fifth edition of the Singapore Yacht Show opened its doors to the industry and public yesterday in Sentosa Cove.<strong style="margin: 0px; padding: 0px; border: 0px; color: rgb(102, 102, 102); font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 16px; text-align: -webkit-center; background-image: none;"><img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/153707/image/large-58b4dc6adda91775bd49d6b8918564a3.jpg" data-gid="gid://syiq/Photo/153707">Managing Director of the Show, Andy Treadwell, reports that he is extremely happy with how far the Show has come in a relatively short period of time. He says, “After only five years, the Singapore Yacht Show has really established itself as a world-class yacht show. We have such a superior selection of yachts, boats and complementary attractions for visitors ,and the Show also offers a fantastic platform for our exhibitors to get in front of a great audience.”<strong style="margin: 0px; padding: 0px; border: 0px; color: rgb(102, 102, 102); font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: 16px; text-align: -webkit-center; background-image: none;"><img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/153708/image/large-5c3736258bdde3d51136ab0dec5532b3.jpg" data-gid="gid://syiq/Photo/153708">ONE°15 Marina Club Chairman, Arthur Tay, highlighted the growth of the event’s significance since it opened five years ago. “This Show at Sentosa Cove’s ONE°15 Marina Club has become an iconic event and has grown from strength to strength since 2011. When we started out five years ago, we underestimated the potential for the Show to become such a strong contender within the yachting industry. We are proud to note that the Show is regarded as Asia’s premier boating event.”Todays activities kicked off with the Fine Arts &amp; Exquisite Luxuria Auction, with the main part of the Show opening at 1pm. Tonight will also be the night in which the highly anticipated Black Tie Gala Dinner will be taking place from 7pm.The Singapore Yacht Show will come to a close on the 26th April.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/153709/image/large-5ef60ff40a41c0e2876fabc1ef316311.jpg" data-gid="gid://syiq/Photo/148951">SuperYachtTimes.com at the Singapore Yacht Show Meet SuperYachtTimes.com at the Singapore Yacht Show. Both our editorial and sales team will be present in Singapore throughout the event. Pick up a free copy of the brand new edition of our <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription">quarterly newspaper</a>, distributed at several spots around the show, meet us for a chat about advertising or media solutions, or simply join us for a drink at the bar. We look forward to meeting you in Singapore.By Gemma Fottles

Fifth edition of the Singapore Yacht Show opens 

A brand new superyacht exhibition opens its doors this Friday, 8 April 2011 at ONE°15 Marina Club in Sentosa Cove. The widely-anticipated first edition of the Singapore Yacht Show will present a first-class line-up of sailing and motor superyachts, as well as displays from some of the leaders of the international yachting industry, despite being launched only four months ago. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/134629/image/large-b70dffe59a5e8727ee81cd1ac9218869.jpg" data-gid="gid://syiq/Photo/134304">This excellent turn-out for a first-time show underlines the appetite of South East Asia’s new super-wealthy to discover the luxury marine lifestyle long-enjoyed by their counterparts in the West, and the enthusiasm of the international builders, brokers and suppliers to support an exciting new market. The Singapore Yacht Show is intended to be a truly regional event, targeted at specially invited business leaders, VIPs, celebrities and yachting enthusiasts from around the whole of South East Asia. The three-day show welcomed important international industry exhibitors such as San Lorenzo, Palmer Johnson, MTU, Jade Yachts, Mega Marine, ICON Yachts, Azimut, Gulf Craft and Prout International. A home grown success story is embodied in the construction of the Mega 128, the first superyacht to be built in Singapore in close to two decades, by Singapore-owned shipyard Megaway Engineering &amp; Trading. The 12-strong superyacht display features the 187ft Aegean Montigne, 131ft traditionally built Phinisi El Aleph, the 108ft Broward Nymphaea, the 116ft Azimut Hye Seas II and the 100ft schooner Raja Laut, amongst others. Seasoned boating enthusiasts can expect concept yachts to be unveiled at the show. The 138 ft Prout International trimaran and the Jade 95 Explorer from Jade Yachts are among those anticipated to elicit a strong interest from visitors. Also expected to make a splash is the 141 ft superyacht jointly constructed by Mega Marina and ICON Yachts. Industry professionals new to the region can look forward in gaining important insights from local experts, as they share knowledge and discuss current issues for the regional superyacht industry at the Asia Superyacht Conference from 7 to 8 April, held in conjunction with the Singapore Yacht Show at the ONE°15 Marina Club. Speakers at this two-day conference will tackle issues including piracy risks, marina developments, service facility upgrading, chartering opportunities and market growth potential in Asia. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/134630/image/large-a8d839b28a8c7010adb580498cb4e538.jpg" data-gid="gid://syiq/Photo/134305">“The response to the first edition of the Singapore Yacht Show has been very encouraging,” said Andy Treadwell, Managing Director of Informa Yacht Group, organisers of the Singapore Yacht Show. “We are delighted to extend a very warm welcome to all the exhibitors, sponsors and guests and visitors who are coming to support our newest Yacht Show, and hope that this event will herald the start of a more dynamic and vibrant superyacht industry in Asia. We look forward to an exciting next few years!” Sponsors are also fervently anticipating the development of the superyacht sector in the region. David Lim, CEO of Julius Baer, a leading Swiss private banking group and one of the show’s major sponsors, believes the Singapore Yacht Show is a good opportunity to reach out to the bank’s many existing clients in the region, and the huge number of potential customers seeking expert wealth management. “The Singapore Yacht Show presents a unique opportunity to reach the growing pool of high net worth individuals in Asia. This will be a perfect platform for Julius Baer to extend corporate hospitality to our clients, and at the same time allow us valuable networking opportunities and build brand visibility for the exclusive private banking services we offer,” Lim said. The Singapore Yacht Show is supported by the Singapore Tourism Board, as well as the Superyacht Singapore Association, with ONE°15 Marina Club as the official venue partner. BMW Group Asia is on board as the show’s official car, Rolls-Royce Motor Cars Singapore are sponsors of the gala dinner, and Capella is the Premium Hotel partner. The Show takes place from 8-10 April 2011 at ONE°15 Marina Club, opening daily from 3.00pm to 8.00pm on Friday 8 April, and 3.00pm to 10.00pm on Saturday and Sunday, 9 and 10 April. Singapore Yacht Show + 65 6508 2459<a href="mailto:info@singaporeyachtshow.com?subject=Singapore%20Yacht%20Show%20on%20SuperYachtTimes.com">info@singaporeyachtshow.com</a> <a target="_blank" href="http://www.singaporeyachtshow.com">www.singaporeyachtshow.com</a>