Informa Yacht Group has unveiled an impressive preliminary lineup for the Singapore Yacht Show 2012. Set to make a major impact, the show will play host to some of the world’s most stylish superyachts and internationally acclaimed yacht building experts, brokers, designers and naval architects.
Andy Treadwell, Managing Director of Informa Yacht Group said, “The 2012 edition of the Singapore Yacht Show builds on the phenomenal success of our 2011 event. We look forward to welcoming some of the most influential superyacht enthusiasts and experts to Singapore, and showing them why this city state is such an attractive business and yachting hub for the rapidly expanding ultra-high net worth community in Asia.” Held from the 27th to 29th April, the show is the first dedicated opportunity for high net wealth individuals in the region to experience what it is to own or charter a yacht. This lineup is a taste of what is to come.
Some of the world’s best-known luxury yacht brands – among them Westport, Palmer Johnson, and San Lorenzo – will meet an elite audience of superyacht owners and potential owners from China, India, Indonesia, Singapore, Malaysia, and all the other emerging Asia economies.
Ocean Independence will debut their latest addition to Asia’s superyacht fleet, the 38-metre motor yacht Onyx, from San Lorenzo. With her two port and starboard drop-down exterior ‘terraces’ she is guaranteed to delight Asia’s most style-conscious yachtsmen.
For those wishing to begin their yachting lifestyle experience, more modest sized vessels will be showcased. These international brands such as Marquis, Fairline, Prout International and Meridian will be on display, and also include the Asian premiere of a handcrafted yacht from Tartan Yachts.
Informa Yacht Group has once again partnered with the Singapore Tourism Board, ONE°15 Marina, Sentosa Cove and the Superyacht Singapore Association to bring together the world’s most powerful names in yachting. Michelin-starred chef Pascal Aussignac is travelling from London specifically for the show, hosted by ONEo15 Marina, and is available to cater private parties. Treadwell added, “Accompanying us in presenting the Yacht show are a host of luxury brands including Munich Automobiles, the event’s co-sponsor, as well as Capella Hotels, Remy Martin and Piper-Heidsieck. Our partners, sponsors and exhibitors reflect the level of service and luxury which our key visitors expect.”
The show is accompanied by a number of networking events, the highlight of which is a gala event and an exclusive Louis XII VIP dinner providing the perfect setting for high society guests to mingle with each other and boating professionals.
Asia’s superyacht industry continues to thrive despite global economic challenges and is now estimated to be worth a healthy US$346 million with Singapore alone contributing an estimated US$45 million. “There is an enormous potential market in Asia, but it remains largely untapped,” explained Treadwell. “We are beginning to see rapid growth here now, across all areas of the industry, including marina and waterfront development, fuelled by fast-rising personal wealth. Many of these individuals are relatively young self-made entrepreneurs, and superyachts and boating represent a glamorous, sporty new avenue for them to enjoy luxury, privacy and the high life,” he adds.
According to published superyacht media, some 5.5% of the world’s superyachts delivered in 2010 were from Asian yards, and 30 are currently under construction in the region. Singapore is presenting itself as a yachting hub as it continues to develop the best in premium boat yard facilities and infrastructure, along with safer berthing opportunities, great repair facilities, high quality materials and craftsmanship. And the market is responding: according to the Superyacht Singapore Association, in 2010, 81 superyachts visited Singapore, a 37% increase from 2009. Currently, 21 superyacht owners use Singapore as their yacht’s home port.
The superyacht industry fits well with Singapore’s position as a magnet for foreign investment, reputation as a world-class regional hub for top business leaders, and high demand for the best in luxury products and top-notch leisure facilities.
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