Singapore

Peters & May Appoints Judson as CEO

Marine transport and logistics provider Peters & May has appointed Simon Judson as its new CEO with immediate effect. A 20-year veteran of the marine industry, Judson previously held the position of Global Operations Director with the company. He joined the company in 2009 when Peters & May purchased Judson’s own marine logistics and yacht transportation company, Complete Freight.Based in the U.K. head office, Judson will oversee the company’s range of services currently delivered through 10 company offices and a network of global agents.

Allsalt Maritime Expands in US and Singapore

Marine shock mitigation technology provider Allsalt Maritime Corporation announced Thursday it has opened new sales and support offices in the U.S. and Singapore in response to market growth in the commercial and recreational boating industries.Victoria, B.C.-based Allsalt Maritime, owner of the Shoxs and Kinetix brands, said its new U.S. office is located in Edgewater, Fla., and will be led by newly appointed brand development and U.S. managing director Lisa Wood, a marketing and business development professional with more than 20 years of experience managing brands such as Stanley…

Battery-Power Moves Ahead in the Yacht Sector

Yachts de Luxe (YdL) of Singapore placed a 10-year, $5 million contract with OXIS Energy to build the world’s first ever luxury boat to be powered by Lithium Sulfur (Li-S) cell and battery systems technology with a design range between 70 and 100 nautical miles at cruising speed.OXIS will work with YdL to design the new 40 foot luxury day boat which will carry a 400 kWh battery system comprising of Ultra Light, High-Power cells and a BMS. The design and manufacture of the cells modules…

Yanmar Opens Middle East Branch in Dubai

Japanese engine manufacturer Yanmar said it will soon open a new parts warehouse at its Middle East Branch, located in the United Arab Emirates, near Dubai Airport.The Middle East Branch began operation in January of 2019 in the Dubai Airport Free Zone providing sales, service support and training to dealers in Yanmar’s middle east territory. The new site, which serves both Yanmar’s marine pleasure and marine commercial engines business in the Middle East region, is operated by Yanmar subsidiary and Asia regional headquarters…

First Cox Diesel Outboards Bound for N. America

Cox Powertrain said Tuesday it is shipping its first CXO300 production diesel outboards bound for North America to a distributor in Florida for the U.S. market.Following the delivery of Cox Powertrain’s first production CXO300 outboards to Singapore-based distributor Sime Darby, Cox has dispatched its next shipment to North America, where Florida-based distributor Ring Power is awaiting the engines' imminent arrival ahead of its customer demo program.With the majority of CXO300 customers located in North America…

Cox Powertrain Ships Its First Diesel Outboards

Cox Powertrain's production line has been in full flow over the last few weeks with the company’s team of engineers working around the clock to meet their next big milestone. This week Cox watched the first ever production CXO300 diesel outboards come off the assembly line, ready to leave the factory to the company's global network of distributors.Cox’s distributors have been awaiting the delivery of their first CXO300 outboard engines so that they can begin their on-the-water customer demonstrations.

Dutch Sailors Served Well by Vesconite Stern Bearings

Dutch-born world travelers Adri and Sytske Broekhuizen installed a Vesconite stern bearing in their 43 ft. aluminium sailing yacht, from the designer Koopmans in Lelystad, when they were docked in Singapore in 2008.“We chose Vesconite because we found a machine shop in Singapore that could make the bearing,” says Adri, of the polymer bearings, which are suitable for the submerged and corrosive conditions of the marine industry and have internal lubricants that allow for prolonged life where the set-ting is characterized by irregular greasing schedules…

Sperry Marine Delivers Superyacht Solution

Northrop Grumman Sperry Marine service engineers are used to responding to urgent demands for repairs, maintenance and system upgrades. When the crew of 46m superyacht Forwin had no one else to call, they asked the Sperry Marine service team to fix a problem that they didn’t even know they had.Built in Italy and originally operated in the Mediterranean Forwin was en route from its new home port in Hong Kong to the Maldives when the steering system malfunctioned, forcing the boat…

Hong Kong Yachting Festival in the Works

The Hong Kong Cruise and Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Verventia Pte Ltd to help develop, organize and operate an annual Yachting Festival in Hong Kong under the auspices of the International Cruise & Yachting Festival – International Cruise & Yachting Festival (Hong Kong) (ICYFHK).The MOU was signed between Ms Kara Yeung, Executive Director, HKCYIA, and Mr Andy Treadwell CEO, Verventia, at the Asia Pacific Superyacht Conference (APSC) in Singapore on April 11, 2019.

Linie Aquavit: Documenting a 4-Month Journey

Marlink’s Sealink VSAT recently proved integral to a unique ‘slow TV’ experiment spanning four months and two equatorial crossings.Arcus is the world’s largest producer of Linie Aquavit, a Norwegian beverage dating back to the early 19th century that derives its name from a tradition whereby oak barrels of Aquavit are transported on boats from Norway to Australia and back again, thereby crossing the equator (‘linje’ in Norwegian) twice before being bottled.Aquavit’s makers have always maintained that the incessant motion…

Seized Superyacht Linked to 1MDB Probe Arrives in Malaysia

A $250 million superyacht, impounded as part of a hunt for assets linked to the multi-billion dollar investigation into 1Malaysia Development Bhd, arrived at a port in Malaysia on Tuesday about six months after it was seized.The Cayman Islands-flagged Equanimity was first seized in the Indonesian holiday venue of Bali in February at the request of U.S. authorities investigating 1MDB.The Malaysian state fund is at the center of money-laundering probes in at least six countries, including the United States, Switzerland and Singapore.

Oil Tanker Tows Disabled Sailboat to Safety

A Singapore flagged oil tanker came to the rescue of four French sailors whose sailboat became disabled by broken sails and engine failure approximately 225 miles east of Cape May, N.J. on Thursday, June 7.U.S. Coast Guard rescue authorities received a notification from French rescue personnel that the 43-foot sailboat Simbad had a disabled engine and broken sails and required assistance. The four sailors reported two were in good health, one sailor had broken ribs and the last sailor had severe sea sickness.Help came for the…

Containership Tows Disabled Sailboat to Safety

The Amver participating containership CMA CGM Brazil towed a 46-foot sailboat with two sailors aboard to safety in St. Marten after the sailboat reported they were taking on water and disabled approximately 315 miles east north east of San Juan, Puerto Rico on Thursday, May 24, 2018.U.S. Coast Guard rescue authorities in San Juan were notified by two sailors who's boat was taking on water through the rudder shaft. While they were able to keep up with the flooding with pumps, they…

New Onboard Hull Cleaning Solution Launched

HullWiper Ltd’s eco-friendly hull cleaning technology is now available as a flexible onboard solution that allows all types of vessels to clean hull fouling on demand.The onboard version of the diver- and brush-free remotely operated vehicle (ROV) gives vessels on a tight schedule the means to perform a partial or full hull clean on a planned rotation, as and when needed. Cruise ships and super yachts can clean at every stop without interruption to their timetables or inconvenience to passengers.The onboard solution…

Aquila Power Catamarans Wins Two International Awards

Aquila Power Catamarans has announced that they have received two prestigious international awards, the “Best Multihull Motor Yacht (up to 50-feet)” at the 2018 Asian Boating Awards for the Aquila 44 as well as the Multihull of the Year award in the Power Multihulls category by Multihulls World for the Aquila 36.Created by Asia-Pacific Boating and China Boating magazines in 2005, the annual Asia Boating Awards are the most renowned yachting awards in Asia. Presented during a lavish ceremony, the awards serve as a benchmark for the industry in the Asia-Pacific region.

SBIA to Host Asia Boating Dialogue at Singapore Yacht Show

The Singapore Boating Industry Association (SBIA) is organizing a roundtable meeting with key Asian boating industry and public-sector representatives during the Singapore Yacht Show. This event, titled the Asia Boating Dialogue, is strictly invitation-only and will be held on April 12, 2018, from 0900 – 1400 (includes networking lunch). The objective of the Asia Boating Dialogue is to gather Asian boating-interest groups together for an intimate discourse on regional boating and discuss what is needed in terms of a regional agenda to encourage boating development.

Luxury Yacht Seized in Money Laundering Probe

Indonesian police on Thursday questioned the captain and crew of a luxury yacht in Bali at the request of U.S. authorities, probing alleged money laundering at a Malaysian state fund, they said. The yacht was impounded in Bali on Wednesday amid a multi-billion dollar corruption investigation launched by the U.S. Department of Justice (DOJ) and tied to Malaysian state fund 1Malaysia Development Berhad (1MDB). Police seized the yacht, Equanimity, after receiving a letter on Feb. 21 from the U.S.

How Much is That Superyacht Worth?

Sam Tucker Will Tell You! There’s a new name in Superyacht valuation, and the name is VesselsValue.com. Last month we spoke with VesselsValue.com’s Sam Tucker for insights on its new Superyachts report. Many of our readers know VessselsValue, but for those who do not, please provide a brief description of the organization and its offering. Launched in 2011 by Richard Rivlin, a ship broker with 40 years of buying and selling experience, VesselsValue provides daily and automated Market…

Asia Pacific Leads in Global Yacht Charter Market

Transparency Market Research (TMR) forecasts the global market for yacht charter to register a 7.2% CAGR during the period between 2017 and 2025 to attain a value of $14.987 bn by 2025 from $8.123 bn in 2016. Volume-wise, it predicts the market to grow to 7,684 units from 6,054 units in 2016 by clocking a healthy 7.2% CAGR. Reporting on the TMR report, titled, “Yachts Charter Market”, Scott Walker, co-founder of Asia Pacific Superyachts and director of Asia Pacific Superyachts Singapore…