The ninth edition of the Singapore Yacht Show (SYS), which ran from April 12-15 at ONE°15 Marina in Sentosa Cove, has upheld its position as the leading leisure marine event in Asia. While visitor figures have not yet been released, it is known that an unspecified volume of business was done at the show.
From the exhibitors spoken to by IBI, the general view is that business was not as strong as last year. Among those reporting sales were the Beneteau Group and Princess Yachts. Several other exhibitors reported good levels of enquiries and there were expectations that sales would conclude once the show has ended.
Simpson Marine said there was considerable interest in the Sanlorenzo 78, which made its debut in the region, as well as several Beneteau Group models. Ferretti and Azimut were among those in a similar position.
Overall the size of SYS 2018 in terms of exhibitors and boats on display was about the same as the 2017 event. With the spread of exhibitors beyond yachts and boats including property, art, cars, clothes and aircraft, SYS was again successful in helping to promote the marine lifestyle and all it encompasses.
The show attracted a number of new exhibitors such as Dynamiq Yachts and Martek, the drone company. Complimenting this was a good number of regional premieres, which in itself reflects the gradual and ongoing rise of the Asian market. SYS over the past nine years has been an effective catalyst in underpinning this growth and development.
Among the regional premieres were the Princess 30m, Azimut 27 Grande Metri, Ferretti 780, Riva 760, Beneteau Oceanis 51.1, Fountaine Pajot MY44 and Sunreef Open 40.
News of several new and potential marina projects shows that interest in providing appropriate infrastructure where it does not currently exist, especially Indonesia, is positive – which will all help in providing access to the exotic cruising grounds that Asia Pacific has to offer.