Record numbers attended the Singapore Yacht Show today to soak up the festive atmosphere, attend the fashion shows and browse the many supercars, boats and superyachts on display.
Joint managing director of Fraser Yachts Australia, Peter Redford, last attended the show four years ago and said he was amazed by the rapid increase in size and popularity of the event. “It’s really interesting to see that the superyacht market has expanded here and I believe this is on the back of the demand for recreational vessels. I think the demand for charter of big boats, as well as the purchase of big boats will increase rapidly as Asian consumers become more familiar with it.”
Complementary lifestyle elements remain an important and popular addition to the Singapore Yacht Show. Today’s visitors were treated to two fashion events – showcasing Camilla (with Wattletree) and White Moon – as well as a convoy of Ferraris.
Andy Treadwell, managing director of event organisers Singapore Yacht Events, said he was overwhelmed by the turnout. “The swelling numbers we are seeing this year prove there’s a tangible appetite for the yachting lifestyle here in Asia. Many of our exhibitors who are new to the market in this region have been delighted by the reception they have received, from yacht builders and charter brokers to manufacturers and service providers. Many of the marine toy businesses have been particularly well received - at the end of the day, time on the water is about having fun and the visitors here are really starting to understand how their time with family and friends can be uniquely enriched through owning boats and yachts.”