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May 2025
Dear APSA members and Friends,
May has been a very busy month for APSA, starting with the Asia-Pacific Superyacht Summit on 7-8 May, where APSA was a Supporting Partner and a number of APSA Members were presenting, including myself. It was great to see the Asia-Pacific really stepping forward as the next superyacht hub, and a full report from the SYT team who organised the summit can be found in this newsletter.
The Bali Benoa Marina Ground Breaking Ceremony on 22 May 2025 marked a historic milestone in the development of Bali Benoa Marina, Indonesia’s first full-service luxury marina designed to support regional and international yacht tourism. Hosted by PT Marina Development Indonesia (MDI) in partnership with Pelindo, the ceremony brought together government leaders, private investors, tourism stakeholders, and media to witness the symbolic launch of a world-class maritime destination and celebrated World Boating Day in Asia.
Taking place at the Renaissance Harbour View Hotel in Hong Kong from 7 to 8 May, the summit brought together key decision-makers, including representatives from family offices, yacht management companies, captains, brokers, and other industry leaders to discuss developments in the region. Set against the dynamic backdrop of Hong Kong, the summit offered two days of essential discussions and strategic insights... the long read!
Backed by five generations of shipbuilding expertise, while embracing the latest in technological advances, Cheoy Lee Yachts serve up a unique and compelling blend to warm the hearts of discerning owners. Cheoy Lee has two facilities in China. The corporate headquarters is located in Hong Kong, along with a small adjoining shipyard facility purely for vessel repair, servicing local operators and the Hong Kong community.
The Asia Superyacht Night (Hong Kong) was a joint industry networking evening hosted by the Asia-Pacific Superyacht Association (APSA) and the Hong Kong Boating industry Association (HKBIA). Held at the Royal Hong Kong Yacht Club, Kellett Island on the 8 May, the event was the concluding function for the 2nd Asia-Pacific Superyacht Summit (APSS) organised by SuperYacht Times.
The new Swan 128 touched the water for the first time this afternoon in Pietarsaari, Finland. A true milestone for Nautor Swan, this yacht represents the pinnacle of the Swan Maxi Line and the result of an extraordinary effort by the entire shipyard team. In just a few weeks, she will be ready to sail, heading to the Mediterranean for cruising, racing, and eventually reaching her home port in Porto Cervo, before her worldwide première in Monaco for the Monaco Yacht Show.
Welcome to the Comprehensively Yachts semi-annual bulletin, featuring an array of insights and discussions on key topics within the yachting industry. As the European summer season begins, it’s time for Comprehensively Yachts, our biannual briefing to the yachting industry.
Benetti is pleased to announce the delivery of M/Y Iryna, a platform-based yacht transformed into a tailor-made superyacht by a design that leaves plenty of room for customisation.The exterior styling is by RWD and the interior design is by Benetti, working in close contact with owner’s representative Arcon Yachts to create an ambitious project in a successful line.
Fema Marine are pleased to announce the opening of their new Asian Office at One 15˚ Marina, Sentosa, Singapore. The new office location is an important step that is inIine with our growth strategies for Asia. Metin Celep (Sales and Marketing Manager) said, “May was a really busy month for us, as were the first four months of the year.
Pantaenius is proud to support more than 450 yachts currently cruising through the South Pacific—one of the most remote and rewarding cruising grounds in the world. Many of these vessels have made the long journey from Australia, New Zealand, and Europe, with European yachts passing through the Panama Canal—currently the only way to reach these waters by sea.
A Rugged, Elegant Steel-/Aluminium Raised Pilothouse Yacht Built for Global Adventure: StellarPM proudly announces the ST88, the latest model addition to its StellarONE Series of raised pilothouse motoryachts. Designed for long-range exploration capability in total luxury, the ST88 is an 88-foot (26.8m) raised pilothouse motor yacht that offers a 2,800 nautical mile range and a top speed of 14 knots.
The luxury maritime travel scene is undergoing a dynamic transformation, and Japan is making waves as a standout destination in this shifting seascape. Once an overlooked player, the country is now charting an ambitious course toward becoming a central hub for superyacht activity in Asia.
In a historic development for the Cook Islands and the broader South Pacific maritime sector, Eleanor Keukura Roi, Chief Executive Officer of the Cook Islands Shipowners Association (CISOA), has been appointed as the new Chairman of the prestigious Asian Shipowners’ Association (ASA). The significant appointment took place during the ASA’s 34th Annual General Meeting (AGM), which convened this week in Jakarta.
Horizon Yachts’ FD Series line up welcomes a new member: the FD90 Hull 33, christened LiTHIUM+. This yacht is the second to be owned by the same family and builds on the legacy of the original LiTHIUM. The lithium namesake is a nod to the family’s connection to the mining industry, and its design centres around a warm and inclusive environment that embodies the family’s core values.
Lantau Yacht Club (LYC) has achieved a significant milestone by being awarded the prestigious 5 Gold Anchor Platinum and Superyacht Ready accreditations from the Marina Industries Association (MIA). This dual recognition affirms LYC’s standing as one of Asia’s most advanced and service-oriented marinas, highlighting its excellence in operations, facilities, and hospitality.
The Australian Superyacht Conference (ASMEX) 2025 was held at stunning new beachfront venue, The Langham Gold Coast in Queensland from Monday 19 May to Wednesday 21 May. The Conference welcomed 135 delegates from across Australia, and many counties across the world including the Fijian Islands, Hong Kong, Italy, Japan, Netherlands, New Zealand, Sweden, Taiwan, United Kingdom and the United States, Vanuatu and Vietnam.
The George Group along with Cowie & Co and Lodestone Yachts, was pleased to be to be sponsors of the recent Asia-Pacific Superyacht Summit and in the lead up to the Summit, hosted a private dinner for 22 guests from 11 countries. Helped by good food and some superb wines the state of the superyacht industry was well and truly examined.
