Sub-50m superyachts in demand in Asia
Yacht Style rounds up sales and deliveries in Asia of sub-50m superyacht models available from leading shipyards, with Italian and British builders among the favourites of buyers in Hong Kong, Singapore and Thailand.
Note: The following article is adapted from the original article that appeared in Yacht Style Issue 66
Azimut Grande Trideck
Even in the face of ongoing supply issues for yacht builders, heavy shipping delays and other pandemic-related complications, demand for superyachts in Asia remains strong. For many of the world’s leading luxury yacht production builders, the region remains a key market distinguished by an appetite for larger models compared to other markets around the world.
Azimut’s superyacht offerings are focused on its Grande series, although it now produces large models in other ranges such as the new Magellano 30 Metri. Yet even before the model has debuted, Marine Italia has sold a unit that’s scheduled to arrive in Hong Kong in 2024.
Azimut Magellano 30 Metri
The Grande 26 Metri and 36 Metri were among Azimut’s premieres at this year’s Cannes Yachting Festival and a unit of the former has already been ordered for Hong Kong in 2023 through Marine Italia, which also operates in the city as Azimut Yachts Hong Kong.
However, the company also represents Azimut in Macau, China’s Guangdong province, Taiwan and Singapore, where late last year it sold a 38m Grande Trideck. Asia’s first unit of the Italian builder’s biggest-ever model is scheduled to arrive next year for an owner upgrading from a smaller Grande.
Azimut Grande 26 Metri
Such sales build on the huge success of other Grande models across Asia, which include two hulls of the former flagship 35 Metri in Hong Kong, multiple hulls of the 32 Metri in Singapore and further hulls of those two models along with the 27 Metri and 25 Metri in markets across the region, sold by Marine Italia and other dealers.
Furthermore, recent mainland China sales include a Grande S10, which is the super-sleek flagship of Azimut’s S Collection of sportbridge models and has an overall length of almost 29m (94ft).
Benetti Oasis 40M
Benetti, Azimut’s sister company, is one of the world’s leading superyacht and megayacht builders, earning headlines in recent years for delivering a trio of 100m-plus ‘gigayachts’ – the 108m Luminosity, 108m IJE and 107m Lana.
Its recent sales into Asia include the globally successful Oasis 40M, with one delivered to a North Asia buyer who’s currently keeping it in Europe, and another sold last year to Singapore for a 2023 delivery, a deal secured in collaboration with Marine Italia for an owner upgrading from an Azimut.
Benetti B.Yond 37M
Furthermore, a unit of the upcoming B.Yond 37M, the first model in the brand’s new ‘Voyager’ series, has been sold to Southeast Asia, with delivery expected next year.
Benetti’s other new models include the Oasis 34M that debuted at Cannes in September, while the patented Oasis Deck® has become available across the B.Now family (50M, 60M, 67M, 72M), meaning the ‘beach club extraordinaire’ can be incorporated on models from 34-72m.
Ferretti Group includes seven yacht-building brands and five of them sell sub-50m superyachts into Asia, while CRN’s custom builds are also popular across Asia-Pacific, but its recent models are too big to be included in this feature.
Ferretti Yachts 1000 in Taiwan
Asia’s first Ferretti Yachts 1000 is among this year’s most exciting new arrivals, especially as the brand’s flagship only debuted at the Venice Boat Show last year before being shown at the Cannes Yachting Festival.
This region’s first FY1000 was delivered in April to Taiwan, where the 30m flybridge motor yacht began its cruising around the southwest city of Kaohsiung. The yacht was bought by an owner with experience of chartering superyachts in Europe and the sale was completed by Amal Yachting, which has represented Ferretti Yachts, Pershing and Riva in Taiwan since 2019.
The Taiwan unit has a colourful interior full of paintings and includes a beautifully appointed full-beam owner’s suite on the main deck and four roomy guest cabins on the lower deck.
However, hull one of the sensational Pershing 140 is arguably the most powerful and mind-blowingly innovative new superyacht in Asia in recent years, with the streamline ‘rocket-ship’ among a growing family of superyachts that reside at the new Lantau Yacht Club in Discovery Bay.
Chorusline was bought by an experienced owner who had also acquired multiple Rivas including the first 100’ Corsaro, the brand’s flagship when its world premiere was held in Hong Kong in 2017. The first Pershing 140 was sold by Starship Yachts founder and owner Edwin Ho, while the interior of Chorusline was designed by his wife Edith Ho and features a customised layout.
Other large Pershing models sold in Asia include a Pershing 108 in Thailand, while the builder’s new superyacht models include the GTX116 scheduled to launch in early 2023.
Custom Line Navetta 30 in Hong Kong
Custom Line could lay claim to Asia’s most popular superyacht of recent years with the Navetta 30 model that debuted in late 2020 already securing five sales in Hong Kong and Singapore alone. After the world-premiere hull arrived in Hong Kong in early 2021, a second hull was sold late last year to a first-time yacht owner by Fraser Asia and Ferretti Group Asia Pacific soon after it arrived in the city.
In Singapore, a Navetta 30 bought by a repeat Ferretti Group client is due to arrive in late 2022 following a sale by local dealer Hong Seh Yachting that marks the first new Custom Line bought in the city. The unit will feature an ‘Asia-Pacific layout’ and incorporate a range of tailor-made features.
Custom Line Navetta 42
Two more units of the Navetta 30 are set to arrive in Hong Kong in 2023 and 2024 following sales by Ferretti Group Asia Pacific and local dealer Starship Yachts respectively. The brand’s other sales into the region include a Custom Line 120’ in Hong Kong and Navetta 33 units in Hong Kong and Thailand.
However, the biggest Custom Line model sold in Asia to date is a Navetta 42, which is set to arrive in Asia by the end of 2023 and was the brand’s 137ft flagship until the recent launch of the Custom Line 140’, which debuted at this year’s Cannes Yachting Festival.
Riva 90’ Argo
All three of Riva’s superyachts from its Flybridge range have proved popular in Asia. The first hull of the current trio, the 100’ Corsaro, even had its world premiere in Hong Kong back in 2017, although the model has since been succeeded by the brand-new 102’ Corsaro Super, which premiered at Cannes this year.
The magnificent 110’ Dolcevita has been sold to Hong Kong and mainland China, while the 90’ Argo is also present in Hong Kong and mainland China.
If there was one model to match the excitement of the arrival of the Pershing 140 into Asia, it could be Wally’s groundbreaking four-engine Wallywhy200.
A world premiere at Cannes last year, the first Wally Hybrid Yacht (WHY) introduced the world to an 88ft 8in semi-displacement widebody with a 25ft-plus beam, 15ft 5in-high bow and a staggering volume of 200GT.
Ferretti Group Asia Pacific expects the first Wallywhy200in Asia to arrive in early 2023, with the tailored unit featuring Loro Piana interiors and a formal dining area in the bow of the main deck, which has 270-degree views and was configured as a master suite on hull one and other units.
Sanlorenzo’s rapid rise to rank among the world’s leading luxury yacht builders has been reflected in the brand’s success in this region, where it has been represented by Simpson Marine as Sanlorenzo Asia since 2015.
A Sanlorenzo SX112 arriving in Hong Kong
Sanlorenzo Asia’s largest sale is a 52Steel set to launch in Italy this summer before making its way to its new home in Southeast Asia, but the model is just above this feature’s size limit.
Sub-50m models from Sanlorenzo’s Superyacht range that have sold into Asia include the Alloy, a 44.5m, 440GT model that debuted in 2020, with hulls already present in Singapore and Hong Kong. Others include the first 47m 500Exp, Ocean Dreamwalker 3, for an Asian owner who continues to use it in remote regions around the world.
Sanlorenzo SX112 in Hong Kong
Among the builder’s various Yacht ranges, all three current SX models have been sold into Asia, led by the imposing SX112, a model that debuted at the Genoa International Boat Show in October 2020 before two hulls arrived in Hong Kong in late 2021 and June 2022.
Most of the brand’s SD semi-displacement models have been sold into the region, including the 38m series-flagship SD126, with a 2018 build sold into Singapore and a hull arriving in Hong Kong last year, while the SD96 that debuted in 2019 has been sold into Hong Kong and Thailand.
Sanlorenzo SL90A in Hong Kong
However, the newest SD model sold into Asia is the SD118, which was among Sanlorenzo’s three world premieres at the 2021 Cannes show. Sanlorenzo Asia soon sold two units of the SD118, with the first expected to arrive in Asia later this year followed by the second in 2023.
The SL90A, from the builder’s range of planing yachts, was also among Cannes premieres in 2021 and Sanlorenzo Asia quickly sold a unit of the new asymmetric model, which arrived in Hong Kong earlier this year.
Sanlorenzo SL96A in Singapore
Other SL units in Asia include the pioneering SL102A and the SL96A that debuted at Boot Dusseldorf 2020, with a hull of the latter arriving in Asia in 2021.
BEST OF BRITAIN
Sunseeker’s newly launched 100 Yacht only had its global debut at Cannes in September, yet the Poole shipyard has already secured the sale of a hull into this region, which is scheduled to arrive in North Asia in late 2023.
Sunseeker 100 Yacht
NextWave Yachting was appointed as Sunseeker’s dealer in Hong Kong last year and recently secured the sale of Asia’s first 88 Yacht, which was among the brand’s ‘Famous Five’ models launched last year and features one of the most refined interiors of any of the builder’s yachts.
The 100 Yacht and 88 Yacht are part of a new-look Yacht range from 76-100ft that also includes the beamy, high-volume 90 Ocean and its enclosed version, the Ocean 182, representing its volume in GT.
Sunseeker 88 Yacht
However, demand continues for the builder’s popular 116 Yacht and 131 Yacht models, which have each sold multiple units in Asia including a brand-new, black-hulled 116 destined for Japan that has been described as the model’s most customised edition to date.
In total, Sunseeker has sold 18 units from 100-131ft (30-40m) to Asia, while new designs in its Superyacht range include the 42M Ocean and 50M Ocean, with updates to be revealed at this year’s Monaco Yacht Show.
Princess transformed its superyacht offerings when the Plymouth builder stopped production of the 100ft-plus M Class range (30M, 35M, 40M) and switched its focus to the new X Class and larger Y Class models. The decision has proved a winner, with Asia already welcoming multiple units of the widebody X95 – a model premiered online in July 2020 – and more coming.
Southeast Asia’s first X95 arrived in Phuket earlier this year through long-time dealer Boat Lagoon Yachting, which confirmed that two more units of the 29m ‘super flybridge’ flagship will arrive in Singapore and Thailand in 2023.
Hull one of the Princess Y95
A representative of Princess since 1994, Boat Lagoon Yachting has also secured the ‘world premiere’ hull of the Y95 – which recently exited its shed in Plymouth – as well as an X80 due to arrive in Southeast Asia in early 2023. Meanwhile, the dealership has secured a remarkable six sales of the Y85 in the region in the past couple of years.
Hong Kong’s first Princess X95 arrived last year and was followed by two more deliveries earlier this year. An X80 is also scheduled to arrive in the city later this year, while Japan’s first X95 was delivered to her owner in June.
AND THERE’S MORE
The first hull of the upcoming MCY 105 Skylounge was sold to Asia last year and is expected to arrive in Hong Kong in 2023.
Monte Carlo Yachts MCY 105 Skylounge
Built by Italy’s Monte Carlo Yachts and designed by the Venice-based Nuvolari Lenard studio, the MCY 105 Skylounge features a 43sqm enclosed flybridge and is the third model in the builder’s Skylounge Collection following the MCY 70 and MCY 76 versions released in 2020.
Meanwhile, the first Gentleman’s Yacht 24 by Codecasa is scheduled to be delivered to Southeast Asia in 2023. The newly designed aluminium build was sold last year by Carmen Lau of Camper & Nicholsons, with the contract signed at the Monaco Yacht Show.
Codecasa 24m Gentleman’s Yacht
Camper & Nicholsons has represented Tecnomar and Admiral in Hong Kong and mainland China since late last year and the company is marketing the newly launched hull of the Tecnomar Evo 120, Lucy, with Asia already home to two units of the aluminium superyacht.
Meanwhile, the second hull of the Columbus Atlantique 43 was sold to an owner in Asia last year, with the curvaceous 141-footer scheduled to arrive in 2023.
Columbus Atlantique 43
Waiting times may have increased during Covid, but it appears that the demand for superyachts in Asia has also risen.