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June 2022

Dear Members and APSA Friends

There has been a lot happening on the superyacht scene around the world, and the second half of 2022 looks to be busier than ever. For those APSA Members planning to attend the Monaco Yacht Show this year, please make sure you put a ‘Save the Date’ in your calendar for Tuesday 27 September when the legendary ‘APSA Superyacht Night’ will be held on the rooftop of the Novotel Hotel Monaco.

Tourism operators have reached an agreement with the Tourism Authority of Thailand (TAT) to implement a visa fee exemption for international arrivals, and an eligibility extension for visitors from nations not requiring a visa to enter the country, from 30 to 45 days during the second half of this year, as reported in the Bangkok Post 12 June 2022.

Sanlorenzo unveils its brand new yacht model SP110 - first Open Coupe yacht by Sanlorenzo. Smart Performance. Carrying forward research into the development of technologies with a low environmental impact but without forgetting the importance of the yacht's driving experience, Sanlorenzo has created the new SP110 model.

For full Russian Sanctions and the Yachting Industry: As the readers will be only too aware, the UK, EU, US, and other countries including Australia, Japan and Canada have imposed unprecedented measures against Russia in response to the invasion of Ukraine and subsequent events. Sanctions have been imposed in a series of waves in the weeks since the invasion and it is expected that they will continue to be expanded.

Initiatives driven both by yacht owners and by yacht businesses are making great strides toward a more considered environmental approach, as the Closing the Loop project at Gold Coast City Marina ably demonstrates. From the glorious beaches and seductive surf of the Gold Coast to the fragile beauty of the Great Barrier Reef, the coast of Queensland in Australia is a haven for anyone and everyone who likes the water.

Technical experts from across the Red Ensign Group have been engaging with the superyacht industry on the REG Yacht Code. Chaired by Julian Smith from the Cayman Islands Shipping Registry, the two-day event was held in May at the Superyacht Builder’s Association (SYBAss) in Amsterdam. Julian said: “These events are real opportunities to discuss standards of safety and pollution prevention set out by the REG Yacht Code.”

Colin Dawson whose company The George Group partners with Howden looks at how the industry should be working towards increased professionalism, client confidence and stability for businesses in an increasingly challenging environment. Most professional associations in Europe or the USA require their members to carry insurance to cover their activities and whether this is a requirement or not it’s good practice to look at what covers can help your business survive in the event of difficulties.

After four days, just shy of 5,000 smiling visitors made some big purchases, and TYS exhibitors and partners alike unanimously agreed that it was good to be back at a yacht show, networking with the industry again and that TYS Pattaya was exactly what the yacht industry needed.

The Australian International Marine Export Group (AIMEX) held its annual conference ASMEX 2022 yesterday for the superyacht, marine export and commercial marine industries in Sanctuary Cove, on the Gold Coast. Jeremy Spear, President, AIMEX urged marine manufacturers and service providers to return to their international marketplaces with their products and be proud of their Australian made calling card.

The 33rd annual Sanctuary Cove International Boat Show (SCIBS) has upped the ante again, cruising into another successful year with outstanding attendance contributing to climatic sales and an exuberant atmosphere. Across four action-packed days, SCIBS welcomed 43,852 boating enthusiasts to the sold-out show to view more than 1,000 products and 600 vessels from over 337 exhibitors with an impressive 251 boats on water, a 20 per cent year-on-year increase

Marinas22 International Conference and Trade Exhibition reaffirmed its place as one of the largest marina industry conferences in the world after welcoming over 320 attendees across the two days on the Gold Coast last week. The program brought together a fantastic line up of speakers that inspired delegates to capitalise on the strength of the industry through its relevant and thought-provoking content.

The first episode of the documentary series Australia InDepth has launched on Superyachts.com, providing viewers with an insight into one of the world’s most adventurous cruising destinations. Australia InDepth covers the diverse yachting destinations throughout Australia, exploring an all-year-round destination for superyachts.

Coordinated superyacht chartering procedures in the main South Pacific countries, eased border restrictions, safe cruising, diversity of sights, and new marina and refit facilities, have created irresistible cruising in the world’s most undiscovered destination; the South Pacific.