SuperYacht Times’ Merijn de Waard attended SO! Dalian in Northern China recently, where he was able to interview Jona Kan, director of sales for Australian shipyard, Silver Yachts.
Silver Yachts currently specialise in building vessels between 70 to 100 metres in length, problematic in an Asian market where bigger boats are somewhat of a rarity and demand is low. The importance of shows such as SO! Dalian in China is to showcase the brands in the industry and make them visible to this ever growing market, and Kan assures that in the near future, the Chinese and other Asian markets will begin to demand the superyachts that the company offer.
Kan is currently based Hong Kong, where he is seeing this increase in demand on superyachts. He comments, “in China we see that Chinese clients are going to buy larger and larger boats. Although the market is still in its infant stages, we’re already hearing requests from clients that they want superyachts that are over 50 metres.”
Unusually, Silver Yachts start on speculation to build, something in which has proved advantageous in a region where clients are impatient to wait up to 4 years for a custom yacht. Kan comments, “we believe in the product and we believe in the performance of the product. Our next boat, the Silver Fast, we can offer the delivery time at next year’s first quarter, which is very fast. You just need to wait 6 to 9 months and you have a 77 metre superyacht, brand new.”
For the time being and the foreseeable future, Silver Yachts will be continuing to build their Silver series of boats. After the current 77 metre project, Silver Fast, has been delivered, the shipyard plan to start work on the 83 metre vessel, Silver Loft - a project being developed for the owner’s of the shipyard themselves. The aim is to prove to the world their versatile shipbuilding abilities, continuing with the subsequent 83 metre superyacht Silver Square and 100 metre Silver Global.
The first international Yachting and Lifestyle Rendezvous in the north of China, SO! DALIAN, took place in Dalian from the 3rd - 6th July at the East Port Marina, one of north China’s best yachting facilities.
Located East of Beijing on Bohai Bay, Dalian is already the destination of choice for China’s northern elite, and the event hopes to bring another level of sophistication to the area.
SuperYacht Times - The State of Yachting 2020
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