4 March 2026

A man with short dark hair and a trimmed beard, wearing a light beige blazer over a blue shirt, smiles at the camera against a plain light background.
May

Chairman’s Message 28 May Newsletter

It’s a bumper newsletter for the end of May, but life is still in a state of flux, it seems (according to the IOC) that the Tokyo Olympics which are scheduled to start at the end of July will go ahead. It’s not easy to organise events these days but fortunately there is still plenty of news from our APSA members showing that the yachting industry continues to grow and expand the world over.

A group of sailboats with white and dark sails participate in a regatta on calm blue water, surrounded by distant hills under a partly cloudy sky.
May

Beneteau Cup Hong Kong 2021

Held over two days, from 15-16 May, the first edition of Beneteau Cup in Asia concluded successfully in Hong Kong with perfect conditions that saw 21 yachts racing together including Mike Simpson on his Oceanis 46.1 Freedom. Despite being launched in the most challenging times, the inaugural Beneteau Cup Hong Kong was a huge success which helped foster a strong community feel among Beneteau owners and their teams. The two-day event was the result of the hard work of numerous parties who helped to make it possible – these included passionate Beneteau owners to whom the event was dedicated, the unconditional support of Beneteau APAC, a professional organisation by the Simpson Marine, and experienced race management by the host partner Aberdeen Boat Club.

A yacht website interface displays nine photo thumbnails labelled with areas of the yacht, such as Sea/Item Terrace, Main Saloon, and Private Patio, over a blurred background of a yacht deck with lounge chairs.
May

Welcome to Azimut Grande Trideck

At an online presentation reserved for the press, Azimut Yachts unveiled its new Azimut Grande Trideck flagship, the brand’s first yacht with three decks and an expression of the DNA that continues to give the company its signature ability to innovate in terms of design, style and construction. Azimut Grande Trideck has three decks “plus one”. “Plus one” because Trideck has an extra deck in the stern in addition to the traditional three. The result is a cascade of four staggered terraces descending from the Sun Deck to the water’s surface.

A vibrant marina at sunset, filled with numerous luxury yachts and boats moored along the waterfront, with modern buildings, lush greenery, and a golden sky in the background.
May

Singapore Update for Foreign Flagged Yachts

Southeast Asia offers new cruising grounds for many yachts and like a reigning sultan, Singapore sits smack in the middle of these excellent cruising grounds that are both vast and diverse. Singapore is only 1 degree north of the equator and there doesn’t experience severe weather. This means it’s a convenient and safe base for year-round regional cruising and providing endless activities for owner and guests.

White text on a solid black background reads LJ FIDUCIARY in a modern, geometric typeface.
June

New Member: LJ Fiduciary

**LJ Fiduciary** is part of the Family Office Services division of the Alvarium Group of Companies. A fully licensed and regulated Trust and Corporate Services Provider with a proud history of providing market-leading trust and fiduciary solutions to private clients, HNWI, entrepreneurs, family offices and their enterprises.

A large modern yacht with a helicopter on its rear deck floats on calm water near a coastline, with mountains visible in the background under a clear sky.
June

Sanlorenzo launches the 8th unit of the 500Exp

In the setting of the Sanlorenzo shipyard in La Spezia,the eighth unit of the 500EXP line has hit the water. An elegant and advanced interpretation of the Explorer typology, of which the ninth unit has also been sold, the 500Exp confirms her position as one of the models most favoured for owners wishing to enjoy long crossings without sacrificing maximum comfort.

Luxurious yacht at sunset, featuring an illuminated deck with a large hot tub, elegant lounge seating, and an open indoor dining area. The yacht is on calm blue water with an Italian flag at the aft.
June

The Benetti Oasis Deck™

OASIS DECK™ is the name of a new solution offered by Benetti which, based on the extraordinary success of the Oasis 40M, is now featured on new models of the Oasis 34m and B.Now 50M and 66M. With a unique combination of five key features, OASIS DECK™ represents the brilliant proposal, presented by Benetti, to superyacht Owners who dream for long stays onboard in authentic contact with the sea, thus confirming the brand’s role as a pioneer and design leader. A brand-new OASIS LIFE is born!

A laptop, desktop, and mobile phone display the same marina website with aerial view of boats and docks, demonstrating the site’s responsive design across multiple devices.
June

GGCM Website Relaunch

Gold Coast City Marina & Shipyard (GCCM) in Australia have recently launched a new website and just like the award-winning facility, this site comes out on top. It is a perfect embodiment of what they offer at GCCM – the perfect Pacific refit, marina and service centre. Whether you are seeking a refit yard, completing annual maintenance or require a marina berth for crew respite and rotation, GCCM’s experienced team can support you with their trademark efficiency and personalised service. The new GCCM website offers a user-friendly experience tailored to each visitor, it’s easy to navigate and packed full of information, features and customised solutions including a virtual yard tour, a beautifully presented site gallery and a detailed directory of the 90+ leading marine businesses based onsite at GCCM.

Luxury yachts are moored at a marina with modern block of flats in the background. Lush green plants are in the foreground and the sky is partly cloudy during sunset, casting a warm light over the scene.
June

Princess Yacht Experience at Lantau Yacht Club

Lantau Yacht Club (LYC) was delighted to host the Princess Yacht Experience in May, welcoming Princess Yacht owners to enjoy the facilities at the recently opened Clubhouse and spend a night on their yachts in the Marina. “A big thanks to the whole Lantau Yacht Club team for hosting our annual Princess owners’ event,” says Adam Waters, GM, Princess Yachts Greater China. “LYC is a fantastic venue and very welcome addition to the Hong Kong market, we look forward to delivering more Princess yachts to the marina in the coming months and years.”

A horse drawing split in two styles: the back half is realistic and detailed, the front half is crudely drawn with simple lines. Text above and below reads, when your client asks if you can do it cheaper...
June

Colin Dawson says “Beware of what you are buying and from whom.”

The importance of understanding the insurance cover one has and the knowledge of those providing it rather than relying on price is something often spoken about. Yet we continue to see price being the primary deciding factor when owners or their delegated people choose insurance cover for their (often) multi million dollar asset. We find ourselves in an insurance market where insurers are shrinking away from risk and being ever more careful with what they underwrite. Its more important than ever to fully understand what you are buying, the ability of those you are buying from and the understanding of yacht risks the insurer has. There will always be a cheaper or more enticing option available but what are you _really_ getting for this?

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