Aquila appoints Marine Italia in key Asian markets
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The worldās most prolific powercat builder will team up with its new dealer at the Singapore Yachting Festival.
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Aquila 54 Yacht
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Aquila Power Catamarans has appointed Marine Italia as its new dealer for Hong Kong and Singapore. Co-founded and led by Paul Grange and Thomas Woo, Marine Italia is well established as the Azimut dealer in both cities along with Macau, Guangdong and Taiwan.
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Aquila and Marine Italia will display an Aquila 54 Yacht flybridge powercat at the Singapore Yachting Festival, which will be held at ONEĀ°15 Marina Sentosa Cove from April 25-28.
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Aquila 54 Yacht
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Yvan Eymieu, Aquila’s International Sales and Distribution Manager, said: āWeāre excited to embark on this new chapter with Marine Italia. Their reputation for exceptional service and a deep understanding of the boating industry aligns seamlessly with our commitment to delivering exceptional products and customer satisfaction.ā
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Aquila assigned representation in the two markets following the conclusion of its multi-market agreement with Simpson Marine, which has also stopped representing Beneteau and Lagoon following the dealerās acquisition by Sanlorenzo.
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Aquila 42 Yacht
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Simpson Marine will continue to provide after-sales support to its existing Aquila customers and will support sales through the end of its current inventory.
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āSimpson Marine has been an invaluable partner in our journey, and we extend our best wishes for their continued success,ā Eymieu said.
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Built by Sino Eagle Yachts in China, Aquilaās power catamarans range in size from the 28 Molokai to the flagship 70 Luxury.
CL Yachtsā 20m flybridge motor yacht will make its Oceania debut at Sanctuary Cove in late May.
A CLB65 (click for Review) is on its way to Australia, where it will make its country debut at the Sanctuary Cove International Boat Show from May 23-26. The model had its world premiere at the Fort Lauderdale International Boat Show in October 2022 before making its Asia debut in Hong Kong last year.
CL Yachtsā entry-level model, the brandās first to feature an aft galley, will be displayed at the Sanctuary Cove show in Queensland by Sydney Marine Brokerage, CL Yachtsā dealer for Australia.
Andrew Withers, the dealershipās Managing Director, said: āCLB65 is an interesting addition to the Australian market and offers so many features key to cruising this region. It encapsulates the essence of waterside living and delivers an incredible onboard experience, but is equally capable of taking you anywhere you want to go thanks to a carbon-reinforced, resin-infused hull and a 27-knot top end.ā
The 19.7m flybridge motor yacht has a wide, 6.05m beam, a Howard Apollonio-designed hull and twin 800hp Volvo Penta IPS 1050 engines. Outdoor areas include a large flybridge that extends all the way aft, providing shade and shelter to the cockpit below, which offers alfresco dining.
On the main deck, the interior starts with an aft galley to port opposite starboard dining, before a raised forward saloon and helm station to starboard. The lower deck includes a full-beam master suite, forward VIP and a twin cabin, all with en-suite bathrooms.
Martin Lo, Director of CL Yachts, said: āAs well as offering the very best fit and finish, and contemporary classic styling in a variety of materials to suit each clientās taste, we also consider the cruising areas and cruising style for our key territories.
āThis means that for each of our models, including CLB65, we have the capability to develop different layouts that match the culture, cruising grounds, climate and customer trends of those territories.
āAustralia is an exciting market for us and we think CLB65 is an exciting model for Australians, offering the perfect platform for the Australian boating lifestyle. We canāt wait to see the response to CLB65 at the boat shows this year.ā
Awlgrip launches revolutionary 3D Colour Visualiser
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The AkzoNobel brand launches revolutionary 3D Colour Visualizer for boaters and professionals.
AwlgripĀ®, the renowned yacht brand under AkzoNobel, has introduced a revolutionary 3D Colour Visualiser on its website:
https://www.awlgrip.com/colors. The innovative, industry-leading tool is designed to empower boaters and applicators by simplifying their journey to find the perfect colour for their boat.
Boat owners, applicators, boatyards and builders now have at their fingertips a cutting-edge 3D Colour Visualiser, offering instant access to tens of thousands of colours from the extensive Awlgrip colour database.
Whether it’s for a sailboat, sportfisher, motor yacht or a superyacht, users can select their vessel type and explore various colour options for the hull sides, deck, cabin and boot stripe, and including the fouling-control solution for their region.
Through AkzoNobel’s expertise in colour and utilising unique algorithms, boaters are now able to gain a visual representation of what their boat could look like in a 3D virtual environment, then download their project scheme to discuss with their retailer or client.
Unlike traditional āflatā panels, the user can manipulate the virtual boat to view colours from different angles, providing a lifelike impression of how complex curves and angles will appear.
Jemma Lampkin, Commercial Director of AkzoNobel Yacht Coatings, emphasises that the tool reflects AkzoNobel’s commitment to enriching the customerās experience when it comes to the important, often emotive subject of colour.
āThis technology development is a testament to the digital innovation and passion that AkzoNobel and our yacht team strive to deliver to boaters and professionals every day. Weāre truly excited to better assist our boaters and applicators in simplifying their journey towards finding the perfect colour and Awlgrip topcoat for their boats,ā she said.
āOur customers want to find the right colour to make the boat look its best on the water. Thatās why weāve developed this industry-first solution to inspire them to make that choice of painting their boats easier.”
Matthew Anzardo, Global Segment Manager of AkzoNobelās Yacht Coatings, said: āThe introduction of our innovative 3D Colour Visualiser signifies another step in the way we use digital technology to support our customer experience.
āExtensive data analytics, investment in our colour portfolio and capability while adapting new trends and technology are key foundations that help us stand out when it comes to colour selection and performance in the boating industry.
āThis is a 3D tool to help boaters gain a realistic representation of what their boat could look like, which is an important first step. Nonetheless, we still suggest working with your Awlgrip applicator to ensure that the colour choice is right for you.ā
Celebrating its 40th anniversary this year, Asiaās largest dealer has announced an exciting provisional display for the second Singapore Yachting Festival.
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Sanlorenzo SL96A
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Simpson Marine expects to display the Sanlorenzo SL96A and SX88 superyachts, Bluegameās flagship BGX73 and BG42, and the Asia premiere of Fairlineās two-balcony Squadron 58 among potentially a six-model line-up at the Singapore Yachting Festival from April 25-28.
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Preceded by the two-day ICOMIA Boating Industry Conference and Yacht Style Awards & Gala evening, the Singapore Yachting Festival could feature about 70 yachts in the water, water sports demonstrations, live music, as well as gourmet food offerings at a new on-land Lifestyle Festival.
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Simpson Marine is planning a special surprise for its 40thĀ anniversary celebrations during the event and will welcome guests and yacht owners to itsĀ Southeast Asia flagship office and neighbouring Sanlorenzo Asia office in Sentosa Cove.
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Following the finalisation of the companyās recent acquisition by Sanlorenzo, the Singapore Yachting Festival at ONEĀ°15 Marina Sentosa Cove will be Simpson Marineās first appearance at a show in the region since it stopped representing Beneteau, Lagoon and Aquila.
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Bluegame BGX73
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Richard Allen, Chief Operating Officer of Simpson Marine, said: āWeāre excited about ourĀ return to the Singapore Yachting Festival.Ā In light of our recent acquisition by Sanlorenzo, our fleet will be more curated, highlighting larger vessels that encapsulate the eleganceĀ and performanceĀ intrinsic to our longstanding yachting heritage in Asia.ā
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Representatives of Simpson Superyachts, Simpson Yacht Charter and the companyās yacht brokerage, charter, management and registry divisions will also be on-site to provide advice and support toĀ visitors.
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āWhether youāre dreaming of a superyacht experience, planning a charter, or seeking professional management for your vessel, our team is poised to cater to all your yachting needs,ā Allen said.
Rosewood Phnom Penh Offers an Idyllic Southeast Asian Sojourn
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Rosewood Phnom Penhās managing director Daniel Simon unveils what awaits at this luxury hotel ā from culinary excellence to an exclusive golfing programme
Mr.Daniel Simonās Portrait ImageImage courtesy of Rosewood Phnom Penh
Swedish-born Daniel Simon is a luxury hospitality veteran. With three decades of hotel and restaurant management experience under his belt, Danielās resume also includes stints in 11 cities across the United States, Southeast Asia, Canada, and Australia alongside significant experience in the cruise industry ā where he worked as the hotel director of Celebrity Cruises for two years. Having traversed the waters of Asia, Alaska, the Caribbean, and Europe, Simon now finds himself in Cambodiaās capital as the managing director of the Rosewood Phnom Penh where the hospitality savant oversees the ultra-luxury propertyās operations, guest engagement efforts, and the hotelās talented team. LUXUO speaks to Daniel Simon on his role as managing director that sees him hone in on his leadership skills in Phnom Penh, alongside cluing LUXUO in on all the latest offerings from the Rosewood. With thoughtful details and experiences that evoke a sense of discovery and inspiration, Simon speaks to why one should make the Rosewood Hotel Phnom Penh part of their next Southeast Asian getaway.
You have a passion for Southeast Asia. Having worked in Koh Samui, Bangkok and now in Phnom Penh, tell us about your experience in hospitality in this vibrant part of the world.
Image courtesy of Rosewood Phnom PenhWorking in hospitality in Southeast Asia is a fascinating experience due to the cultural tapestry, diverse culinary scene, and the remarkable warmth and hospitality of the people. Each destination brings its own unique charm and challenges, but overall, itās a dynamic and rewarding environment to work in.
Unlike anywhere else, the hospitality here is deeply heartfelt, making guests feel like family with genuine warmth and sincerity. Every interaction ā from warm smiles to heartfelt greetings ā is infused with this sense of hospitality from the heart. Whether in bustling Bangkok, tranquil Koh Samui, or vibrant Phnom Penh, the hospitality of Southeast Asia shines through, reflecting the regionās rich heritage of welcoming travelers with open arms. This creates memorable and meaningful experiences, leaving guests with cherished memories and a desire to return.
Today, you are at the head of the Rosewood Phnom Penh; how has Phnom Penh evolved over recent years?
Image courtesy of Rosewood Phnom Penh
Being in Phnom Penh now is truly remarkable, especially witnessing the countryās incredible growth. Change is evident every day, with the city undergoing significant development and modernisation in recent years. Phnom Penh has experienced infrastructure improvements, economic growth, and a surge in tourism and expatriates. This rapid growth has spurred the expansion of the hospitality industry, resulting in the emergence of new hotels, restaurants, and entertainment venues catering to a more diverse audience.
During our stay, we noticed the extreme attention to detail ā both within the rooms and across all the hotelās food and beverage outlets. What is the DNA of the Rosewood brand and how does it differentiate itself from other high-end hotels in Cambodia?
Grand Premier RoomImage courtesy of Rosewood Phnom Penh
The Rosewood Hotels and Resorts brand is renowned for its dedication to luxury, sophistication, and hospitality. What sets us apart from other high-end hotels in Cambodia is our commitment to delivering a distinctive combination of contemporary design, cultural authenticity, and meticulous attention to detail. We take pride in crafting unforgettable experiences for our guests, whether itās through our exquisite accommodations, personalised services, diverse dining options, or immersive cultural activities.
What do your guests enjoy the most at the Rosewood Phnom Penh?
Our guests consistently praise the personalised and engaged service provided by our dedicated team, who go above and beyond to ensure guest satisfaction. They also express admiration for our comfortable rooms, which offer unparalleled views overlooking the city and the legendary Mekong River.
Culinary director Jan Van Dyk, and director of bars Bob Louison joined the Rosewood Phnom Penh a year ago to further enhance the hotelās refined food and beverage experiences. Tell us more about the six food and beverage outlets at the Rosewood Phnom Penh?
Executive RoomImage courtesy of Rosewood Phnom Penh
Since opening its doors in 2018, Rosewood Phnom Penh has firmly established itself as Cambodiaās premier dining and drinking destination. Boasting six exquisite F&B venues ā including the acclaimed Brasserie Louis, sophisticated steak and seafood grill Cuts, and contemporary Chinese restaurant Zhan Liang ā the ultra-luxury hotel has garnered a reputation for its refined and innovative cuisine, captivating designs and settings, and unwavering commitment to setting the gold standard for cuisine, mixology, and hospitality in the region. The restaurants are led by director of culinary Jan Van Dyk, who not only implements new sustainable practices in cuisine but has also innovated it by creating Cambodiaās very first indoor hydroponic farm, providing fresh and pesticide-free produce to all six dining outlets. Additionally, chef Van Dyk ensures collaboration with local partners and suppliers to support the local community.
A highlight not to be missed in our dining offerings is the iconic bar Sora, where director of bars, Bob Louison, has curated a captivating cocktail menu inspired by Japanese legends, aptly named āThe Book of Yokaiā ā I highly recommend savoring one from Soraās deck, offering the best sunset view in the city.
Your property hosts a contemporary art gallery. How do you select the artists on display? Clue us in on the importance of art at the Rosewood Phnom Penh?
Hotel LobbyImage courtesy of Rosewood Phnom Penh
Rosewood Phnom Penh invites guests on an artistic journey of discovery, enriching and deepening their appreciation for the āA Sense of Placeā philosophy of Rosewood Hotels & Resorts. Reflecting the concept of life as a living canvas, the hotelās curated art collection thoughtfully connects guests to the charm, personality, and traditions of Cambodia and its capital. Inspired by Khmer tradition, merging it seamlessly with modernisation, the distinctive art collection finds its home in this ultra-luxury hotel, situated in the tallest building in the Kingdom of Cambodia ā a fitting symbol for this theme.
To enhance our art offerings, we have dedicated a space of 112 square meters, welcoming the countryās most influential and up-and-coming artists to showcase some of Cambodiaās most exciting contemporary artworks. Each year, we host at least five different art exhibitions covering various themes, ranging from traditional Khmer art to street art, fashion, cinema, architecture, sculpture, photography, and more.
You have implemented a social community programme aiming at providing support to families in need alongside allocating jobs to talented individuals within these families. Can you tell us more about this initiative?
Swimming PoolImage courtesy of Rosewood Phnom Penh
Rosewood Phnom Penhās social community program ā Rosewood Empowers ā reflects the hotelās commitment to creating positive change in both society and the environment. The initiative aims to empower underserved communities by providing equal access to opportunities, with a focus on diversity, equity, and inclusion.
The Open Door Program ā launched in 2021 in collaboration with Ćcole dāHĆ“tellerie et de Tourisme Paul Dubrule ā offers hands-on learning opportunities to disadvantaged Cambodian youth pursuing careers in hospitality. Providing financial support, including a monthly allowance, service charge payments, and medical insurance, the program also offers invaluable real-world experience to participants.
Collaborating with local NGOs like PSE, Paul Dubrule, Sala Bai, and Don Bosco, Rosewood Phnom Penh offers apprenticeship opportunities to students, with over 100 transitioning to full-time associates after training at the hotelās outlets. Cross-department training further promotes professional growth and development among colleagues.
The hotel also extends its support to rural communities in Cambodia, donating school supplies and food items through partnerships with organisations like the Coconut School and SOS Childrenās Village Kampot. Future plans include expanding outreach efforts to benefit more communities.
Through these initiatives, Rosewood Phnom Penh aims to meaningfully impact the lives of individuals in Cambodia, foster inclusive workplaces, and support local communities in their journey towards a brighter future.
The Rosewood Phnom Penh has partnered with three other high-end properties across Cambodia to provide an immersive experience of the kingdom both on land and water. Can you tell us more about these partnerships?
Vattanac Capital Tower
Image courtesy of Rosewood Phnom Penh
This luxury tour spans 12 days, allowing guests to explore four stunning destinations and indulge in the most luxurious accommodations in the country ā from the iconic Angkor Wat to lush jungles, pristine islands, and opulent urban settings ā guests are treated to a diverse and in-depth exploration of Cambodiaās spectacular attractions.
The itinerary begins with a three-night stay at Rosewood Phnom Penh, where guests luxuriate in the comfort of a Mekong Suite. This urban oasis serves as the perfect starting point and grand finale to the luxury adventure.
Next, guests spend three nights at Shinta Mani Angkor and Bensley Collection Pool Villas, where they are treated to an exquisite experience in a luxurious Bensley Collection Pool Villa. Here, guests can relax in pure extravagance while exploring the historic temples of Angkor Wat and indulging in the finest amenities and experiences Siem Reap has to offer.
The journey continues with a three-night stay at Six Senses Krabey Island, where guests unwind in a Hideaway Pool Villa Suite. Surrounded by pristine nature, guests reconnect with local culture and wellness experiences on this private island paradise.
Finally, guests spend three nights at Shinta Mani Wild ā A Bensley Collection, where they immerse themselves in ultimate luxury and adventure in the wilderness. With all-inclusive amenities and adrenaline-filled activities like a 400m zip line arrival over the forest canopy, guests experience the most breathtaking jungle and nature experience in Southeast Asia.
Overall, this partnership between Rosewood Phnom Penh and other luxury properties offers guests an unparalleled journey through Cambodia, combining opulent accommodations with unforgettable experiences in some of the countryās most breathtaking destinations.
You have set a special golfing programme for golf aficionados. What does the special golf package cover?
Image courtesy of Rosewood Phnom Penh
Guests can escape with our exclusive golf package at Rosewood Phnom Penh. The package includes an epic round of 18 holes at the prestigious Vattanac Golf Resort, designed by Sir Nick Faldo. Home to an award-winning course, the East Course promises an unforgettable play, complete with a dedicated caddie and convenient cart. Guests will relax with round transfers between Rosewood Phnom Penh and Vattanac Golf Resort in a Jaguar F-Pace limousine. Additionally, they will receive a special Vattanac Golf Resort souvenir gift pack to commemorate their unforgettable experience. This offers guests the perfect golfing getaway in Cambodia, along with a luxurious stay and daily breakfast at Brasserie Louis, as well as roundtrip airport transfers.
As managing director, what plans do you have for the hotel in 2024 to 2025?
Image courtesy of Rosewood Phnom Penh
My vision for Rosewood Phnom Penh from 2024 to 2025 is one of continued excellence and innovation. We have welcomed new talents to elevate our dining experience, with chef Omar Konateh at Cuts, sommelier Sara Penh, and bar manager Mr. KT Lam from Darkside, ensuring we maintain our status as the premier dining destination in Southeast Asia.
Our commitment to social responsibility remains unwavering. Weāre initiating fundraising events, like the prestigious Phare Ponleu Selpak charity dinner, to support our community. Weāre also expanding our efforts to uplift individuals from disadvantaged backgrounds by providing them with opportunities for growth and development within our team.
Furthermore, weāre dedicated to sustainability, transitioning towards zero waste operations which we have started with the Hydroponic Garden. Our goal is to lead by example in environmental stewardship while continuing to deliver unparalleled luxury and service to our guests.
Above all, we will stay true to our core value of offering relationship hospitality. Itās the genuine connections we forge with our guests that drive us forward, ensuring that every stay at Rosewood Phnom Penh is nothing short of extraordinary.
To end this interview, tell us one secret that you have never shared about the Rosewood Phnom Penh? Perhaps a hidden location or a secret experience?
Image courtesy of Rosewood Phnom Penh
As a special insider tip, Iāll reveal a hidden gem at Rosewood Phnom Penh: Cuts houses a secret room known as the āchefās table,ā nestled right in the heart of the bustling kitchen. Imagine this: when you book this exclusive experience, thereās no menu presented to you. Instead, our talented chef and sommelier curate a bespoke dining journey tailored specifically to your preferences and the seasonās freshest ingredients. Picture yourself seated in this intimate setting, watching the chef craft succulent sauces and prepare each dish right before your eyes. Whatās more, the chef has their own indoor potager behind the kitchen ā a sight normally reserved for staff only ā giving you a rare glimpse into our culinary craftsmanship. Itās an unforgettable dining experience thatās truly one-of-a-kind at Rosewood Phnom Penh.
For more on the Rosewood Phnom Penh, head to the link here.
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The brokerage house is the exclusive Asia-Pacific representative of the Nolimits aluminium superyachts, which are offered with exclusive Pininfarina interiors.
CGI of the five Nolimits models
Camper & Nicholsons has announced an exclusive partnership with Nolimits to sell the brandās all-aluminium superyachts in Asia-Pacific, with the option of exclusive layouts and interior designs by Italian studio Pininfarina.
Created by Italian shipyard Rossinavi, Nolimits offers five 30-45m, transatlantic-range superyachts designed by Fulvio de Simoni Yacht Design that combine the luxury attributes of superyachts with explorer-style features and range.
The models comprise the NL30, NL37, NL37+, NL45 and NL45+. The NL45 was the first model to be sold, two weeks after the brandās online launch.
Pininfarina interior for the NL37+
Federico Rossi, Rossinaviās COO, said. āWe have representation in Europe and America, so weāre happy to be arriving in this part of the world. We want to show that weāve put the same thought into the 30-45m Nolimits yachts as when we build yachts up to about 70m.ā
Pininfarina has created interior options that include special dining and entertainment configurations and motif options exclusively for the Asia market. Matteo Fioravanti, Senior Vice President Design at Pininfarina Shanghai, presented interior concepts that included innovative stained-wood and coloured flooring options.
āScreens to divide interiors and the mirroring of a circular theme ā from dining table shape to interior decoration ā were designed with Asian preferences in mind,ā he said, emphasising the full sea views from the aft-deck swimming pool to the transparent windbreakers offered on the open upper decks.
Pininfarina interior for the NL45+
āItās important to give a panoramic view of the sea whenever we can. Providing these views is 50 per cent of our design mission.ā
Julien Solari, Camper & Nicholsonsā Chief Commercial Officer Asia, said: āWeāre absolutely delighted to partner the Rossi family in launching Nolimits to the Asia-Pacific market. The Rossis are leaders in the Italian superyacht industry, and their craftmanship, engineering and build quality are recognised by industry experts and experienced owners alike.
āThe combination of sub-500GT volumes, with interiors penned by Pininfarina, a studio known for its extraordinary ability to create timeless designs, has resulted in very promising initial reactions from our clients. The quality of construction and semi-custom design, characterised by features typically found on larger vessels, present a fantastic opportunity for our clients.
Pininfarina interior for the NL45+
āThe modelsā transatlantic range allows owners to explore the extraordinary cruising areas in Asia and Oceania in confidence. And the extra space of the NL37+ and NL45+ models will allow more space, so more customisation possibilities to meet requirements of the Asian yachting lifestyle.ā
The Ruler of Ras Al Khaimah and Lech Walesa helped officially open Sunreef Yachtsā newest shipyard, dedicated to the Ultima series of powercats.
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Sunreef Yachts celebrated the official inauguration of its new state-of-the-art shipyard in Ras Al Khaimah on the day after the conclusion of the 30th Dubai International Boat Show in the UAE.
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Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, officially inaugurated the new facility and addressed the gathering, highlighting the significance of the company’s expansion in the northern emirate. The shipyard currently has close to 200 employees, a figure that could or triple by the end of the year, according to Sunreef.
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Lech Walesa, the former Polish President and Nobel Peace Prize laureate, travelled from Poland to witness the event and delivered a speech. Other VIPs included theĀ Ambassador of Poland, Dr Jakub Slawek, and Francis Lapp, founder and CEO of Sunreef Yachts.
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The event attracted a distinguished audience, including VIPs, local authorities and existing customers. Guests were given an exclusive tour of the new production halls, witnessing the first Ultima 55 model ā a modern hybrid catamaran ā taking shape. The facility is currently focused on production of the Ultima series, which has received over 35 orders across its 44, 55, 66, 77 and 88 models.
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Guests were able to observe the cutting-edge robotics employed in the construction process, and had the opportunity to explore two solar-electric yachts berthed by the facility, the 80 Sunreef Power Eco Athena Too and the Sunreef 80 Eco sailing catamaran Marie-Joseph, which were both among Sunreefās display at the five-day Dubai show.
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Set on a 65,000sqm land reserve, the new facility in Ras Al Khaimah marks a significant milestone for Sunreef Yachts by signifying their commitment to expanding their global presence beyond their two shipyards in Gdansk in northern Poland, which currently employ 2,400 people. www.sunreef-yachts.com
Cryptocurrency offers an exciting new option for luxury yacht transactions, as explained by Giles Whitby-Smith of Bitcashier, whose clients include Camper & Nicholsons, Denison, SuperYachtsMonaco and Simpson Marine.
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The world of luxury yachts is synonymous with opulence, adventure and exclusivity. Yet thereās a subtle but significant transformation underway within this elite industry ā the integration of cryptocurrencies.
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Traditionally, yacht brokerage has been a challenging and competitive field, with brokers often funding their operations until that elusive first deal. The industry is characterised by self-employment, lack of basic salary or income certainty, and intense competition for affluent buyers.
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Today, the clientele for luxury yachts spans various age groups, from traditional older yacht owners looking to upgrade their vessels to secretive business magnates seeking opulent escape options. However, a fascinating new demographic is emerging ā young, crypto-native millionaires and billionaires.
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Cryptocurrency, which has created significant wealth for many under-50s in recent years, is gaining prominence as a means of conducting high-value transactions. These individuals, wary of traditional banking systems, are turning to platforms like Bitcashier to purchase assets such as yachts, aircraft, real estate and luxury cars.
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HOW DOES IT WORK?
Using cryptocurrency to buy or charter a yacht is simpler than it may seem. Itās akin to a foreign exchange transaction. If you have euros and want to make a purchase in dollars, you use an FX platform to convert your currency. The process is comparable to dealing with cryptocurrencies.
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Hereās a practical example: a buyer wants to acquire a US$10 million yacht and intends to use their cryptocurrency holdings for the purchase. The buyer informs the broker of their cryptocurrency preference, who, in turn, contacts Bitcashier.
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After conducting Know Your Customer (KYC) and Anti-Money Laundering (AML) checks and wallet analysis, Bitcashier provides a cryptocurrency invoice to the broker and client, indicating the amount of cryptocurrency required for the transaction.
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Once the buyer transfers the specified cryptocurrency amount, Bitcashier promptly converts it into the equivalent fiat currency and transfers it to the yacht brokerās account.
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This process, completed within about 20 minutes, aligns seamlessly with standard contractual terms, ensuring the broker always receives the agreed-upon fiat sale price. Bitcashier facilitates these transactions by charging a fee to the crypto client, offering significantly faster transaction speeds compared to conventional bank transfers.
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WHY CHOOSE BITCASHIER?
Bitcashier stands as a bridge between traditional luxury markets and the digital age, facilitating seamless, convenient and secure transactions. The platformās commitment to innovation and transparency makes it the preferred choice for discerning clients in various sectors.
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With its real-time exchange platform and extensive experience, Bitcashier successfully completed eight superyacht sales and six charters in 18 months. Its key attributes, including the speed of transactions and continuous operation ā itās available all day, every day ā make it a valuable partner for businesses operating in high-value luxury markets.
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In a world where cryptocurrency is gaining traction as an alternative financial asset, Bitcashier empowers yacht brokers and charter companies to tap into a previously untapped revenue stream. As a fully regulated, insured and trusted global partner, Bitcashier enables them to attract young, wealthy individuals who are increasingly turning to cryptocurrencies for their financial transactions.
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In conclusion, the yachting industry, like many others, is adapting to the rise of cryptocurrencies. Bitcashier is at the forefront of this revolution, providing a secure and efficient gateway for cryptocurrency enthusiasts to access the world of luxury yachts and high-end assets.
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Whether youāre a seasoned yacht broker, a charter company or an affluent buyer, Bitcashier is changing the game by making luxury more accessible through digital innovation.
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GILES WHITBY-SMITH
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A former investment banker in London, Whitby-Smith is CEO of Bitcashier, which he co-founded with Marc Dominic (CTO) in 2020. His strong experience in financial instruments and his successful entrepreneurial history have helped Bitcashier become a leading brand in the yachting marketplace for enabling crypto transactions. Bitcashier is a fully regulated, easy-to-use platform offering risk-free transactions for buyers wanting to use cryptocurrency to buy or manage their yachts or fleet.
Dilan Sarac of The Superyacht Life Foundation hopes the upcoming World Boating Day will help open the leisure boating sectors to the public and change perceptions of the yacht industry.
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Photo: OC Gonzalez
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The Superyacht Life Foundation ā a non-profit dedicated to telling the positive stories of superyachting to both change public perceptions and grow the industry ā is organising the first World Boating Day on the weekend of May 25-26 in what we hope will become an annual event. This global initiative is designed to help grow all levels of the industry and serve as a global celebration of the leisure side of water and the joy of being out on it.
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The aim is for local, regional and national organisations and companies across the leisure boating, yachting and superyacht sectors to engage with and educate the public. We want all sectors to introduce what boating is, how accessible it can be, the positive impacts the industry can have, and the career opportunities it offers.
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This unique experience will bring industry professionals and the public together on an unprecedented scale in a celebration of everything boating and everything that the industry behind it offers. Over the coming months, The Superyacht Life Foundation will be working with industry bodies and other professional organisations to encourage participation from all levels of the marine leisure industry.
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So, whether you work for a shipyard or join forces as a leisure boating community, organising local events that make waves for a global cause.
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WHY WORLD BOATING DAY?
The idea of creating an internationally coordinated event stems from simple but key aims. First, by educating people and getting them enthused about boating and being on the water, World Boating Day aims to open new channels for people to discover what recreational boating is all about. We want to build a pipeline of engagement and spark a passion in potential leisure boaters, potential yacht owners and potential industry employees.
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Second, World Boating Day is an opportunity to showcase the extraordinary breadth of career opportunities and depth of talent that exists within the yacht and superyacht sectors. This can help attract the next generation of employees, from trades to engineering and all the other facets that go into designing, building and operating leisure sailing school, yacht club or yacht dealer, marina or a maritime organisation, World Boating Day presents an opportunity to boats and superyachts.
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Lastly, it gives the boating industry as a whole and the superyacht industry in particular an opportunity to pull back the veil and to show the human and positive-impact sides of yachting and the industry behind it. In turn, this can help change perceptions of the industry and broaden its appeal through increased understanding.
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At The Superyacht Life Foundation, we see the potential for this initiative to grow exponentially year-on-year, so people all over the world will be able to learn more about boating and the careers that the marine leisure industry and superyachting offer.
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HOW TO TAKE PART
The concept for World Boating Day encompasses a broad range of potential activities, from invite only events, public open days, employee days and career days to try-a-boat initiatives, sample watersports lessons, interactive yard experiences and virtual tours.
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This is our chance to show that boating and yachting can be for everyone, whether itās sailing schools offering sessions on sailing dinghies or superyacht builders giving a behind-the-scenes peek at the extraordinary number of trades and craftspeople involved in the industry. The only limits are your own imagination on how youād like to take part.
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While the organising team encourages all boat, yacht and superyacht builders, yards and companies to open their doors, the event will also incorporate online activities and participation for those for whom live events are not practical.
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The Superyacht Life Foundation is preparing advice, guidance and practical materials for participants that will include materials, ideas and overall PR management, while we can also help attract visitors through a central platform weāre creating.
Sarac is Executive Director of The Superyacht Life Foundation, a non-profit, commercially agnostic industry body that champions the positive people, places and projects surrounding the superyachting good life. The Foundation, together with its 27 partners from different sectors within the industry, uses its unbiased status to educate, inform and engage, opening the world of superyachts to new audiences and securing the long-term health of the superyacht industry.
Princess, Jeanneau and Sacs motor yachts were among the stars of the latest edition of Boat Lagoon Yachtingās annual Phuket Rendezvous.
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Boat Lagoon Yachting continued its 30th-anniversary celebrations with a lively edition of its three-day Phuket Rendezvous, where over 20 participating yachts included the new Princess Y95 and the X95 sister ship. Since its inception in 2011, the Phuket Rendezvous has become recognised as one of Thailandās leading overnight yachting events.
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Other Princess yachts in the fleet included an X80 making its Thailand debut after arriving from Singapore, aY72, two units of the F55, and a wide selection of former models ranging from 64-88ft. Jeanneau boats included Cap Camarat models while a Strider 11 and Strider 15 were among maxi RIBS from Sacs.
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Yacht owners, families, friends and VIP guests were welcomed on the first day by Vrit Yongsakul, Boat Lagoon Yachtingās Group Managing Director, as well as Alister Brunskill, Singapore Country Head, and Stephen Thomas, Head of Aftersales Service. Guests enjoyed a DJ and live entertainment as the Rendezvous began at Catch Beach Club on Bangtao Beach.
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On the second day, the fleet gathered at Koh Mai Thon (Maiton Island) for a special event, with the release of 30 baby Bamboo sharks as part of the countryās ongoing marine-conservation efforts.
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Vrit said: “As a company deeply connected to the sea, weāre passionate about preserving marine life. Whether you enjoy the sea by sailing, boating, diving or simply admiring it, supporting marine-conservation efforts is a vital step towards ensuring thriving oceans for generations to come.”
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On the third and final day, the fleet cruised towards Loh Lana Bay on Phi Phi Don island, where yachts rafted up and guests enjoyed water toys including floaties and sea scooters.
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Owners also enjoyed private guided tours around the Phi Phi islands on a Sacs Strider 11 and Cap Camarat 9.0 WA. The evening concluded with a breathtaking sunset cruise to cap off another successful edition of the Phuket Rendezvous.
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āThailand is an exceptional destination for the yachting lifestyle. The Phi Phi islands and Krabi area are globally acclaimed for their breathtaking scenery, clear waters, renowned diving spots and culinary offerings,ā Vrit said.
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āWe were delighted to host clients from across Southeast Asia, while the event underlined Thailandās reputation as a premier yachting hub in Asia, providing guests with an opportunity to immerse themselves in the yachting lifestyle.ā
The Italian shipyard has formally completed the acquisition of a majority share of Asiaās biggest yacht dealership.
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Massimo Perotti, Executive Chairman of Sanlorenzo
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Sanlorenzo Group has announced the closing of the acquisition of 95 per cent of share capital of Simpson Marine Limited from Mike Simpson, for an equity consideration of US$10 million, plus an earn-out up to US$7 million calculated on the net profit for the 2023 fiscal year.
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The payment of the equity consideration is provided entirely by Sanlorenzoās cash on hand. In the first nine months of 2023, on a pro-forma aggregated basis in accordance with local GAAP, the companies in the acquired perimeter of Simpson Marine generated an EBITDA around US$6.5 million and a net income around US$4.5 million.
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The final determination of the earn-out amount will follow the completion of the Simpson Marine 2023 financial statements auditing process, expected by April 2024. The Musumeci, Altara, Desana e Associati law firm assisted Sanlorenzo with the legal aspects of the transaction.
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Simpson Marine Group, representing Sanlorenzo in Asia since 2015, has been operating for 40 years as a major yacht sales and service company throughout Asia-Pacific. It provides Sanlorenzo with āplug-and-playā direct distribution in several key markets: Hong Kong, Singapore, mainland China (Shenzhen and Sanya), Thailand, Indonesia, Malaysia and Taiwan.
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Such a capillary network is strategic for the long-term growth of Sanlorenzo in APAC. The region is expected to witness the highest UHNWIs growth worldwide for the coming years, as well as a higher yachting penetration rate among the ultra-wealthy population, given the significantly lower starting basis compared to more historical yachting markets such as the Mediterranean and the Americas.
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Ongoing public and private initiatives in the region, such as marina development projects along the southern Chinese coastline and the rise of Hainan as a new global luxury hub, reinforce optimism around the potential for a long-term wave of market expansion.
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Simpson Marine is also expected to play a pivotal role in the further development of Sanlorenzoās service offering at international level, as it offers extensive experience and expertise in a broad range of services, such as charter, refit, superyacht brokerage and yacht concierge.
The Dubai International Boat Show will continue to be held at Dubai Harbour, which has been the event venue since 2022.
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Saeed Hareb (DIBS), Abdulla Binhabtoor (Shamal Holding), Mohammed Alshaali (Gulf Craft) and Trixie LohMirmand (DWTC)
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Dubai World Trade Centre, organiser of the Dubai International Boat Show, and Dubai Harbour have announced that the Middle Eastās biggest marina would continue to host the Middle Eastās biggest boat show. The showās 31st edition has been earmarked for February 2025, but without dates confirmed.
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Dubai Harbour has been home to the Dubai International Boat Show since the event returned post-Covid in 2022, with the event held in an L-shaped, corner location for two years. This year, the location was a few hundred metres further away and offered expansive views of the Dubai skyline from its long, waterfront site on the other side of the road from the Dubai Harbour Cruise Terminal.
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Trixie LohMirmand, Dubai World Trade Centreās Executive Vice President since 2005, said: āDubai represents the new world and a new era in leisure yachting. Everyone speaks of the soaring energy in the city and in the boat show, where I heard it described as āthe most beautiful boat show in the worldā many times this year. It’s easy when the Dubai International Boat Show is set in a world-class marina against the most glorious skyline of any yachting destinations.
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āDubai International Boat Show and Dubai Harbour are committed to accelerating this momentum and partnering with our international community to build the worldās next most outstanding, sought-after yachting hub. Weāre proud to secure a long-term home for the show at Dubai Harbour, which gives investors the confidence to fast forward long-term development plans in the region.ā
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Mohammed Alshaali, Saeed Hareb, Trixie LohMirmand and Abdulla Binhabtoor
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Saeed Hareb, Secretary General of the Dubai Sports Council and the Dubai International Boat Showās Senior Advisor, has been involved with the show since its inauguration in 1992 and has seen it move around many venues.
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āDubai Harbour is a fitting venue for a city thatās increasingly making its mark in the global maritime space. The continued collaboration of Dubai International Boat Show and Dubai Harbour is great for the international yachting community, inspiring confidence to grow boldly with energy and enthusiasm,ā he said.
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āHaving been part of the show since its inception, itās incredible for me to see its growth and dedication to uniting the entire maritime industry. Iām greatly looking forward to seeing how the show will continue to develop in 2025, and beyond.ā
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Owned by Shamal Holding, Dubai Harbour opened in 2021 and has between 700-800 berths, a significant portion of over 4,500 berths in the emirate.
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Abdulla Binhabtoor, Shamal Holdingās Chief Portfolio Management Officer, said Dubai Harbourās marina occupancy is about 90 per cent, compared to 70 per cent in early 2023, and was delighted to announce that the show would continue to host the Gulf regionās largest marine festival.
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āThe Dubai International Boat Show is not only the regionās biggest marine show but has grown to become a major catalyst to the wider advancement of the maritime industry and a testament to Dubaiās growing status as one of the worldās maritime hubs,ā Binhabtoor said.
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The 30th Dubai International Boat Show offered spectacular skyline views
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āAs Dubai Harbour continues to grow and evolve as a seafront destination for residents and tourists, we greatly value the partnership with the Dubai World Trade Centre and Dubai International Boat Show, as well as the support of our partners and stakeholders.
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āAs the regionās largest marina and located in the heart of Dubai, we consider Dubai Harbour the
natural home for the Dubai International Boat Show. Weāre committed to continuing to strengthen our partnership, contributing to Dubaiās thriving leisure maritime sector for many years to come.ā
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The announcement was well received by local and international exhibitors including Gulf Craft Group, the Middle Eastās largest yacht builder. Having participated in all 30 editions of the show, the multi-brand builder continues to have the largest display at the event, this year exhibiting 16 boats ranging in size from a 20ft electric SilverCat prototype to the Majesty 111 superyacht.
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Abeer Alshaali, Gulf Craft Groupās Deputy Managing Director, said: āWe love that the Dubai International Boat Show is continuing its strong partnership with Dubai Harbour. This event has been growing and welcoming more and more visitors every year.
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āThe world-class infrastructure at Dubai Harbour will allow for continued growth and space to welcome even more visitors, boats, clients, suppliers and international maritime organisations from across the world.ā
Mr.Daniel Simonās Portrait Image
Image courtesy of Rosewood Phnom Penh
Image courtesy of Rosewood Phnom Penh
Grand Premier Room
Executive Room
Hotel Lobby
Swimming Pool
Image courtesy of Rosewood Phnom Penh
