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December 2023

Dear APSA Members and Friends

This is the last newsletter for 2023, and it ushers in some major changes for the Asian Region with the news that SanLorenzo S.p.A. has signed a binding share purchase agreement to acquire 95% of the share capital of Simpson Marine Ltd from Mike Simpson. The Simpson Marine Group has represented SanLorenzo in Asia since 2015, and this agreement will allow SanLorenzo to establish a direct presence in the strategic APAC region.

Pacific Maritime Lawyers are qualified maritime and legal professionals with a breadth of legal, business, and maritime knowledge. Pacific Maritime Lawyers provides legal advice and litigation services with specific experience in superyacht sales and purchases, contracts for charters, commercial maritime law, marine insurance law, maritime employment law and regulatory compliance.

Sanlorenzo S.p.A. announced that it has signed a binding share purchase agreement to acquire 95% of share capital of Simpson Marine Limited from Mike Simpson. The transaction, finalised on 7 December 2023, marks a strategic move that enhances Sanlorenzo’s direct presence in the Asia-Pacific (APAC) region. The acquisition will maintain and develop the connections, expertise and experience gained over the years by Simpson Marine.

The 2023 Horizon Yacht Australia Owners’ Rendezvous brought 10 Horizon yachts and 100 guests to Airlie Beach, in the stunning Whitsundays, for a fifth year of laughter, libations and, of course, the Long Table Lunch. Nestled in the heart of the Whitsundays, Airlie Beach is a paradise of white sand and turquoise waters, perfect for celebrating all things yachting and why this stunning location has been the home of the Horizon Yacht Australia (HYAUS) Owner’s Rendezvous for the past five years and counting.

It has been another busy year for HFW, and the yacht team are delighted to present the latest edition of Comprehensively Yachts. Packed with topical comment and analysis this edition looks at the economic impact of Russian sanctions. Twenty-one months since the invasion of Ukraine, the yachting industry, having been hard hit by the sanctions has largely settled down and found new business to replace that which has been lost or turned away.

The new Ferretti Group Superyacht Yard headquarters were inaugurated in Ancona at a solemn ceremony attended by representatives of institutions and authorities from the shipbuilding and maritime sector. The ribbon-cutting ceremony attended by Authorities and Ferretti Group CEO Alberto Galassi who officially opened this new area in the Superyacht Yard, which is now ready to become an important strategic and operating hub.

Germany-based yacht builders Dörries Yachts has unveiled the renderings for a new 70-m that will no doubt appeal to clients who wants a unique yacht with ‘wellness’ at the heart of the design, but also with Northern European build quality, and without the need to wait years to start the build. The motor yacht concept combines elegance, innovation, and unrivalled luxury to create a sleek and sophisticated superyacht.

Benetti Yachts Motopanfilo 37M is a yacht suspended in time, an example of classicism projected into the future. This elegant and modern composite displacement boat satisfies the tastes and needs of contemporary owners, but has its roots in the design of the Benetti motoryachts of the 60s, of which it incorporates the gentle and distant fashions, yielding much larger spaces in bright and constant visual contact with the sea.

StellarPM is offers a Remote Refit Service called StellarRENEW where pre-engineered modular manufacturing of custom yacht refit components provides quality parts built efficiently and cost-effectively. StellarPM creates concept designs, plans and photo-realistic virtual presentations to match a client’s vision and provides the necessary engineering and production planning to manufacture parts precisely.

Burgess is excited to announce superyacht charters available in the Asia-Pacific region: both STARLUST and WANDERLUST are available from December onwards in the Maldives and Thailand and STARLUST is available this winter in the Maldives and Thailand, with availability over the Christmas and New Year period. 

Thomas Christoffel and crew aboard Paikea (Bavaria 37) crossed the finish line at 06:55 (UTC) 7 December, arriving just ahead the prize giving which takes place this evening at Prickly Bay. The 11th edition of ARC+ participants have received a warm and enthusiastic welcome in Grenada, and have been enjoying their introduction to the Island.

In 2023 Cayago Asia Pacific announced three new Seabob dealers in Asia, appointing Motor Field in Thailand, Supreme Yachts in Taiwan and Wuxi-based Global Network, which joins the brand’s dealers in China. The dealers join an existing Seabob network including Ride2X Power Sports based in Sanya on China’s Hainan Island, Smooth Marine in Hong Kong, and La Marca Marine in Singapore.

If you were lucky enough to receive a GMT rugby Ball during FLIBS, then now is the time to enter the GMT Photo competition #AroundtheWorldwithGMT, and win a grand prize of a $500 travel voucher from GMT - Global Marine Travel. All you have to do is capture GMT Rugby Ball’s journey as it travels round the World, taking a picture of the GMT Rugby Ball in the most unique and exotic location you can find!

The Thailand international boat show 2024 (TIBS) will take place at the Royal Phuket Marina between 11 – 14 January 2024, with over 6,000 visitors and more than 100 exhibitors expected to attend. Organised by JAND Events, a trading division of JAND Group, the event is supported by the Ministry of Tourism and Sports, Thailand (MOTST), Tourism Authority of Thailand (TAT) and the Thailand Convention and Exhibition Bureau (TCEB) demonstrating support for the government’s yacht tourism initiative. The Thai Yachting Business Association (TYBA) has come on board as one of the industry supporting authorities.

The Hong Kong International Boat Show 2023 reported a positive response from dealers, exhibitors, and visitors. The organiser, Club Marina Cove, said the four-day event received the full support of the Hong Kong Boating Industry Association and its members. About 40 boats of the latest designs and makes from Italy, France, Britain, Poland, Finland, USA, South Africa, China, and Hong Kong were on display at the show.

The Asia-Pacific is back in action with Thailand, Australia, New Zealand, Singapore and Hong Kong all hosting boat shows and events in 2024. There is a lot to look forward in the coming year, so make sure you put these dates in your calendar now.