By David Robinson
With a record 14,000 public and trade visitors, over 100 exhibitors and 96 yachts and boats, the Singapore Yacht Show (SYS) ended on a high note. The responses and reactions to the standard of the show from some of the leading global yacht builders and other exhibitors emphasises SYS’s position as Asia’s flagship luxury yacht and lifestyle event.
SB understands that a number of yachts were sold, with Beneteau/Simpson Marine, Hong Seh Marine and others having achieved sales. Several exhibitors told SB that they were dealing with a number of serious enquiries and that they were confident that deals would be completed following the show.
The SYS has grown significantly in each of the four years that it has been held. Andy Treadwell, managing director of the organisers, Singapore Yacht Events (SYE), told SB: “The show has plenty of room to grow further as only about half the One 15 Marina is taken up with the show. Looking ahead, if we do need to include a second site the Marina at Keppel Bay is close by.”
Of the 96 yachts, the largest in the show was the 67m (220ft) Vertigo, completed recently by Alloy Yachts in Auckland, followed by the 60m (197ft) Cloud 9 and the 50m (163ft) Exuma. Among other craft that are just starting on the regional charter market were the luxury four-masted sailing ship Royal Albatross and the traditional Indonesian cargo style craft fitted as a superyacht which is marketed through Northrop & Johnson Asia.
Another notable aspect of the show was the presence of most of the leading international yacht brokers. In addition to Northrop & Johnson Asia, which now has the largest regional network of any of the lead brokers, Burgess, Edmistons, Frasers, Merle Wood, Y.CO and Yachtzoo were all present.
Y.CO, Yachtzoo and Merle Wood, which all had yachts for sale or charter in the show, described their presence at SYS as “putting a toe in the water to see what the market has to offer.” Fraser Yachts recently opened an office in Singapore, working with former Raffles Yachts managing director, Julian Chang, and they also have operations in India and China.
The biggest exhibitor in the show was Simpson Marine, which, as the region’s largest and longest established broker, has 13 offices in seven countries. A new office will be opened in Beijing this year to serve its Azimut dealership. Simspon is also celebrating 30 years of operating this year.
SYE is expanding its yacht event portfolio with a new Charter and Brokerage Show to be held in Phuket in February 2015. The SYS 2015 will be held on April 23-26.