Despite heavy rain, exhibitors reported a good volume of business

Despite heavy rain, exhibitors reported a good volume of business

Despite a daily outburst of rain, a good volume of business was achieved at the 2015 Singapore Yacht Show (SYS). The general response from many of the exhibitors contacted by IBI on the last day was that SYS had been a good show, with a good level of serious enquiries to follow-up on which are likely to become firm business over the coming weeks.

With this environment of good prospects, SYS has further strengthened its position as the leading show covering the whole of Asia, particularly South East Asia. The combination of the show and its associated conferences is acting as the catalyst to encourage further development in this growing market place. Lürssen, Oceanco, Heesen, Feadship, Burgess, Fraser Yachts, Northrop & Johnson, Amels, Gulf Craft and Princess, were just a few of the exhibitors in attendance.

“The presence and enthusiasm of serious buyers and HNWIs was felt strongly at this year’s show, with most exhibitors already committing to return next year with a bigger and better presence,” says Andy Treadwell, managing director of Singapore Yacht Events, the owner of the show.

“Obviously the heavy rain every day was very disappointing, but we are happy to hear that this has clearly not impacted the calibre of the visitors or the overall satisfaction of our exhibitors.”

In terms of new sales, a number of leading brands reportedly achieved sales. In particular Simpson Marine managed record sales with several signed contracts, including an Azimut 80 and two Lagoon 630s, which made its Asian debut at the show.

Mike Simpson, managing director of Simpson Marine, commented: “Despite terrible weather, the serious buyers were not deterred and came out in full force. We could not have asked for better results and we continue to see year-on-year growth at the show. The buyers came from across the region, including Hong Kong, Malaysia and Thailand. This clearly demonstrates the show’s importance and reach in Asia.”

Gulf Craft’s CEO Erwin Bamps told IBI: “We made a number of sales at the show and we also had private viewings at Raffles Marina for the past two weeks.”

Fraser Yachts’ global marketing manager, Lisa Peck, emphasised their presence at SYS: “We feel that it’s very important to be at the most important show in Asia. We look forward to coming back next year and hope the weather will be better.”

First-time exhibitor Seakeeper also expressed delight with visitors’ response to their products. “Due to the tremendous number of sales experienced over the last four days, we intend to renew our presence here next year on a much larger scale,” said Phil Bourque, global account manager at Seakeeper.

The 2016 Singapore Yacht Show is being held earlier in April next year from April 7-10, 2016