Rich Asians go full steam ahead into superyachts
Asia is home to less than 4 percent of the world’s 7,000 superyachts but interest has been taking off for the last five years and many buyers are young, executives from the luxury boat industry said at a conference in Singapore on Wednesday.
As Western economies sputter, Asia has steamed along with growth and wealth creation. The 2011 Merrill Lynch-Capgemini World Wealth Report showed Asia has 3.3 million people with high net worth, just behind the 3.4 million in North America but ahead of the 3.1 million in Europe.
This week’s Asia-Pacific Superyacht Conference flows into the Singapore Yacht Show that runs from Friday to Sunday, when the ultra-affluent can peruse some of the world’s largest boats, check out a showcase of supercars, sip champagne in a VIP lounge and enjoy meals by Michelin-starred chef Pascal Aussignac.
The biggest boat in the show, the 57-metre (187-foot) MY Montigne, is also for sale to anyone with a spare $21.8 million.
Hong Kong remains the biggest market for luxury boats in Asia but Thailand, China, Indonesia and Singapore are growing significantly.
Source reuters.com
HEY, I LIKE THAT ONE! LIFE IS BUT A DREAM AND DREAMS ARE THE STUFF THAT LIFE IS MADE OF! WALT DISNEY, SORREE I CAN’T TAKE CREDIT FOR THAT ONE! 🙁
Gently down the stream…….life is but a dream
THANK YOU BUTT I DON’T TRUST ANYONE ESP AN “ANONYMOUS” INDIVIDUAL YOU SEA WHO HAS ANY TIME FOR LITTLE OLD MEE. MY MIND IS AS QUICK AS THEY COME AS YOU CAN SEA FOR YOURSELF! THANK YOU AGAIN FOR THE COMPLIMENT, THAT IS VERY SWEET! 🙂
Full circle back to Carly Simon…The Stuff That Dreams Are Made Of…..Simon and Schuster had an influence
OK, I respect your distrust and can only imagine there’s something in your past that makes it that way. In the meantime, I’ll enjoy your articles and commentary and if you accept my suggestions (ie:Yuja Wang) I’d be honoured.
I promise to slow down in the future…just because I can….and I know you are capable of taking the lead
HEY YOU BEAT MEE TO IT. I WAS JUST POSTING HER YOUTUBE VIDEO ON THAT SONG AND I GOT CLOSED OUT!! I DON’T KNOW IF I LIKE YOU ANYMORE “ANONYMOUS” BC YOU ARE TOO QUICK ON YOUR DRAW!! I SAW HER ONCE OUT AT NANTUCKET AND SOMETHING TELLS MEE YOU MAY HAVE TOO! 🙁
The Stuff That Dreams Are Made Of – Carly Simon
Well, deep greens and blue are the colours I choose….but that was Carly’s first husband. And yes, you are starting to scare me about where I’ve been and who I’ve seen! But it’s a humorous scary.
Two ships passing in the night
Let me go down to the sea, to see (bonus marks for solving this one)
Trust me…you are truly Anonymous to me other than your profile page and my recent observations and….I’ve got the time now at this point in my life to satisfy a few curiosities I’ve always had.
But I do appreciate a quick mind
YOU ARE TOO FUNNY “ANONYMOUS” BUTT SOMETHING TELLS MEE THAT YOU ARE NOT SOOO “ANONYMOUS” TO MEE ESP IF YOU ARE WELL AWARE OF THE FACT THAT I AM MORE THAN CAPABLE OF TAKING THE LEAD!!
Nobody Does It Better THAN MEE! (JUST JOSHING)
DEEP GREEN IS ALWAYS BETTER THAN BLUE BABY! TRUST MEE I KNOW, EYE EYE CAPTAIN! I THINK THAT WE ARE TWO SHIPS THAT PASSED IN THE DAY DEFINITELY NOT THE NIGHT!!
SCUBA DIVING AT THE HOBOKEN SCUBA DIVING CLUB. YOU KNOW MEE! YOU LIAR! WHAT LAW FIRM OR ER COMPANY ARE YOU WITCH NOW??
20,000 LEAGUES UNDER THE SEA OR SHOULD I SAY $200,000 UNDER THE SEA??-WE ALL LIVE IN A YELLOW SUBMARINE! SEND THE BLANK CHECK IN THE MAIL BUDDY!!
ONE OF MY DAD’S FAVE SONGS 🙂
The Beatles- Yellow Submarine
YOU DO KNOW MEE WISEASS!! MELISSA MANCHESTER, I CAN’T SAY THAT I AM FAMILIAR AT ALL WITH HER MUSIC THOUGH. THANKS FOR THE TIP, I WILL POST IT NOW.
Melissa Manchester – Midnight Blue
BURT BACHARACH’S BACK WITH BARBRA-BEE SURE TO CHECK OUT BURT BACHARACH AND THE LOVELEE BARBRA STREISAND ON MY BLOG POST! THEY MAKE A GRRREAT DYNAMIC DUO THOSE TWO!
THANKS FOR THE SUGGESTION BUT BEING THE SWEET, INNOCENT AND VERY SHELTERED GIRL THAT I AM THE NAME “WANG” SEEMS A BIT OH I DON’T KNOW SUGGESTIVE?? I’LL STICK WITH MY REAL NAME, BUT THANKS ANYHOS!
Oops…sorry for the crossthread. I was trying to entice you to put up an article on the young pianist Yuja Wang, who I believe qualifies as discussion material in this site.
Did you know Claudio Arrau lived in Douglaston across the Bay from Melissa in Great Neck? I bet she attended some of his concerts in her childhood.
I’ve probably presented a firey pot of mixed ideas with an obscure common theme. But you will sort me out.
Melissa Manchester….Midnight Blue….you saw that one coming…even if there is a Melissa you don’t particularily like.
Honest…we don’t know each other, other than through this keyboard. Maybe I just have an anticipatory perception?
THOSE SAILS ARE TAKING OFF!! AS A MEMBER OF THE YACHT CLUB GROWING UP, I GREW UP SAILING, BOATING AND FISHING ON THE BEAUTIFUL LONG ISLAND SOUND AND ON THE OCEAN AND BAY IN LBI, NEW JERSEY! 🙂 THE BOSTON WHALER WAS ALWAYS MY FAVORITE BOAT FOR FISHING AS MY DAD SWORE BY IT! SAILING IS SUCH A BREEZE BUT VERY HARD WORK ON THE UPPER BODY AND YES THEY ARE SPECTACULAR! JUST SAIL ON AND SEA! 🙂 WINK
Asia is home to less than 4 percent of the world’s 7,000 superyachts but interest has been taking off for the last five years and many buyers are young, executives from the luxury boat industry said at a conference in Singapore on Wednesday. Hong Kong remains the biggest market for luxury boats in Asia but Thailand, China, Indonesia and Singapore are growing significantly.
Sailing (Christopher Cross)
http://www.myc.org
http://www.bostonwhaler.com
http://www.greenwichconcours.com
http://www.nyboatshow.com
http://www.yachtworld.com
http://www.sailboatlistings.com
http://www.apsltd.com
http://www.foulweathergear.com
http://www.finalternatives.com
http://www.sailing.org/worldcup/events/