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August 2024

Dear APSA Members and Friends, There is plenty happening on the superyacht scene, with the European yacht shows 'season' about to start. APSA will be at both Cannes and Monaco, with Committee members Joe Yuen and Antony Cowie attending the Cannes Yachting Festival, and Committee members Christophe Ceard, Alex Teji, Gordon Fernandes and Antony Cowie in Monaco where they look forward to welcoming everyone to APSA’s signature event

Benetti returns to the Cannes Yachting Festival, held this year from September 10 to 15, where it will be showcasing the brand’s excellence with three models loved by customers all over the world. The spotlight will be on BO116, an Oasis 40m, on the Oasis 34m BO210 and on BMP002, a Motopanfilo 37m unit.

New Member: Island Sailor Maldives was incorporated in 2001 to provide services from the heart of the Indian Ocean. The yacht agency was created to help cruising sailors deal with the formalities when entering the Maldives and included travel arrangements, assistance for yacht chartering, surfing, diving, game fishing and inter-atoll sailing.

The mood throughout Asia Pacific and the superyacht industry has recently become very upbeat, with news of changing regulations favouring visiting yachts and new marinas on the way. Asia Pacific Superyachts (APS) directors and teams are excited to share significant changes in person at the Monaco Yacht Show APS Stand DS25 (in the air-con Darse Sud Tent) and at Asia-Pacific Superyacht Association’s exclusive invitation-only ‘Asia Superyacht Night’ (Monaco) held on the eve of the Monaco Yacht Show.

Gulf Craft Group and its prestigious superyacht brand, Majesty Yachts, are set to make notable appearances at the Cannes Yachting Festival and the Monaco Yacht Show. Majesty Yachts is poised to captivate audiences with the award-winning Majesty 120, highlighting the shipyard’s industry-leading expertise in building composite superyachts.

The latest FD100 is a fusion of ocean inspiration and the pinnacle of design in a five-stateroom and tri-deck configuration. Crafted by Horizon, this vessel hones the design of Cor D. Rover with a range of amenities that elevate the FD Series’ hallmark features, offering an intimate experience with the ocean’s elements.

Sanlorenzo will unveil the ground breaking 50 Steel and Bluegame BGM75 at the Monaco Yacht Show (25 to 30 September). These yachts exemplify the shipyard’s dedication to building the future today. Making its grand debut, is the 50Steel, with its novel hydrogen system, is a revolutionary advancement in sustainable luxury yachting.

Gold Coast City Marina has welcomed the 50-metre Superyacht JeMaSa (ex-Plan B) for a major refit project. The JeMaSa refit project is being overseen and run by Juan Koegelenberg, Director of Liquid Yacht Support based at GCCM, and relies on the combined skills of the on-site marine trades.

Indies Trader believe they operate out of the world’s best location for watersports and offer some of the best kite and wing foiling experiences in the market at their private Marshall Islands hide-away, Beran Island which offers unparalleled access to surf, dive sites, fishing as well as the peace and quiet of private beaches given their location 1000’s of miles from any major population centres.

Labuan Shipyard and Engineering SDN BHD located in the Federal Territory of Labuan, Malaysia has a 28m yacht for sale. The motoryacht built in Turkey, was sent to the shipyard for repair work in 2019, but the previous owner decided not to pursue the repair work and the yacht has been in storage since that time.

Hong Seh Yachting is an established retailer of premium yacht collection in Singapore, Malaysia and Indonesia. The Team will be attending the prominent European yacht shows this September, beginning with the annual Ferretti Group Private Preview at the Yacht Club de Monaco from September 4-7. Following this, they will head to the Cannes Yachting Festival from September 10-15, where the highlights include world premieres such as the Custom Line Navetta 38, Pershing GTX80, Ferretti Yachts INFYNITO 80, Riva El-Iseo, wallywhy100, and wallypower50.

The Asia-Pacific Superyacht industry is back in action with events being hosted in Australia, Fiji, Thailand, Singapore, and Hong Kong. These combined with the international events means there is a lot to look forward in the second half of 2024, and here are some events coming up!

The fourth annual Australia Fiji Rendezvous brought together 18 Australian marine industry representatives to Port Denarau Marina from 22 to 24 August 2024, creating a dynamic gathering of industry expertise. With a goal of bringing together marine industry representatives from across the Pacific, the Australia Fiji Rendezvous offers an opportunity to strengthen connections between the international superyacht community to foster and develop long-term relationships that will be mutually beneficial for everyone involved.

With the recent spate of yacht losses from all manner of risks from fire to heavy weather to crew error the yacht insurance market is set to continue to be a very difficult place in which to operate, with insurers being even more nervous of the risks they are prepared to take on.