Burgess Celebrates 10 years in Asia
Burgess is celebrating its 50th anniversary in 2025, with this year also marking the 10th anniversary of the establishment of its Asia operation in 2015. Burgess’ Asia team had another good year in 2024, despite a combination of geo-political uncertainty, macro-economic challenges, and military activity in the Red Sea resulting in a generally slow brokerage market in the region.
On the brokerage side, the Asia team transacted four yachts in 2024: a 55m Amels, Sanlorenzo Exp460 (43m), Custom Line Navetta 42 and Princess X95 (29m), which were all relatively recent builds, delivered from 2018 onwards. The team also oversaw the handover of another Custom Line Navetta 42 that it brokered in 2023. The brokerage market in 2025 also looks promising, according to Burgess, whose Asia central agency fleet comprises five yachts from 35-80m.
On the charter side, the Asia team booked multiple charters in 2024 on yachts ranging from 30-73m to various destinations in the Mediterranean, Asia and even Mexico. Burgess’ Asia charter fleet currently includes the 85m Wanderlust, 68m Starlust and 36m Octave, and its yacht management team in Asia continues to support a wide range of yachts from 36-85m.
From operating as a start-up in Singapore in 2015, Burgess Asia has since expanded its network of offices and representatives to include Hong Kong, Mumbai, Phuket, Shanghai, Tokyo and an ‘Asia desk’ in Monaco. The Asia team has expanded to about 20 staff and representatives, who work closely with Burgess’ global networks of brokers and experts to serve its regional customers.
Over the past 10 years, Burgess’ Asia team has been a regional leader in the large yachts segment. In brokerage alone, Burgess completed 39 yacht transactions for Asia-based clients, with the vessels averaging 53m in length and their total transaction value exceeding US$1.5 billion. The list includes seven 70m-plus yachts, of which three were transacted in 2023 – a 92m Oceanco, an 85m Lurssen and a 74m Amels. With its strong regional footprint and experienced team of large yachts professionals, Burgess is looking forward to another 10 years of growth and high-quality service to its Asia clients.