sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery

 

Sail-World.com : Peters & May - Hong Kong office operational

Peters & May - Hong Kong office operational

'Hong Kong has the equipment and expertise to handle large,luxury yachts'    Peters & May Ltd
The growth of Asia’s logistics sector led United Kingdom-based Peters & May, a global marine logistics provider, to open a regional office in Hong Kong last October. Angus Bruce Jones, Managing Director, said the move was a strategic decision based on the growth of boat builders, dealers and individual boat owners moving craft with Peters & May to Asia over the last three years.

'The Hong Kong office is situated in a key location to support our imports and exports to and from Asia,' said Jones. 'We also benefit from several existing agents in the local and surrounding area with representation in Hong Kong, Singapore and Taiwan, and continue to research further opportunities.'

Peters & May Hong Kong is headed by Thibaut de Montvalon, who was formerly Managing Director of Peters & May France.

Working with local partners to bring boats into Hong Kong over the past decade alerted the company to the potential of a market which, while still small by global standards, is dynamic and fast-growing. 'Hong Kong, and more so, China represents a young market – boating literally started to pick up only about two years ago in the mainland – while markets in the United States and Europe have been running for more than 50 years,' said Mr de Montvalon. 'So it’s still small, but the most dynamic. For Peters & May, opening a Hong Kong office is a strategy for the future, an investment in the market that’s growing fastest in the world.' Hong Kong, he notes, 'has the equipment and expertise to handle large, luxury yachts'.

Million-dollar boats by leading overseas brands arrive in Hong Kong by container ship -  Peters & May Ltd  


In a consumer market now keen to enjoy the fruits of its labour, yachts are one more visible sign of status and success on the mainland. 'Chinese people prefer overseas brands,' Mr de Montvalon said. 'They favour the Ferrari and the Louis Vuitton bag. They have the luxury villa, and now they want the luxury yacht.'

Peters & May delivers at least one motor boat or yacht each week to Hong Kong. Typically, these vessels are new, market-leading marine brands, about 15 to 20 metres long, and valued from US$1 million to US$3 million.

Mr de Montvalon said Hong Kong is the ideal port for importing expensive boats. 'Hong Kong is by far the most adequate place to handle these kinds of deliveries,' he said. 'It’s the break bulk capital of Asia, as far as we are concerned. Staff at the various terminals are trained in handling yachts up to 40 metres. They are very capable, and they have the equipment.' Hong Kong also offers proximity to the Chinese mainland, a very promising market for the marine industry, he said.

The absence of duties and 'very light formalities' are further advantages for yacht importers. Mr de Montvalon said that technically, logistically and for cost-effectiveness, Hong Kong 'is one of the best places in the world' for Peters & May’s growing network of logistics operations.

Angus Jones, MD, Peters & May -  Peters & May Ltd  


Thibaut de Montvalon, MD, Peters & May Hong Kong -  Peters & May Ltd  




by Peters & May

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=81089

8:55 AM Mon 7 Mar 2011 GMT






Click here for printer friendly version
Click here to send us feedback or comments about this story.


News - USA and the World

Express 27 National Championship overall + Video by Erik Simonson, Pressure-Drop.US,




















America's Cup: Louis Vuitton Cup's Yves Carcelle dies at 66 *Feature by Richard Gladwell/Sail-World.com/nz,












Audi Melges 20 World Championship - ‘Samba Pa Ti’ crowned champion by International Audi Melges 20 Class Association,










Audi Melges 20 World Championship - Final race to decide champion by International Audi Melges 20 Class Association,










Fort Lauderdale International Boat Show - 13 things to See and do by Fort Lauderdale International Boat Show,




Volvo Ocean Race: Update from Team Vestas Wind in images by Richard Gladwell/Sail-World.com/nz,








Audi Melges 20 World Championship - Classic Garda conditions on day 2 by International Audi Melges 20 Class Association,


PWA Alacati World Cup - Intense competition on day 3
America's Cup: 'The Doc' appointed as Commercial Commissioner
Wake Park Triple Crown - Registration open for final stop
Audi Melges 20 World Championship - Day 2 images by Stefano Gattini
Volvo Ocean Race - Two more join Dongfeng Race Team
OHPRI Teen Summer Camps make a splash
East to West: A profile of Volvo Ocean Race crew Team Dongfeng
Extreme Sailing Series - First-ever Turkish team to race in Istanbul
Audi Melges 20 World Championship - Race 4 images by Max Ranchi
New Around Britain and Ireland Monohull 40ft and less world record
Detroit Cup - Fifth place finish a difficult result for Neptune Racing
Audi Melges 20 World Championship - Alessandro Rombelli's 'STIG' leads
Volvo Ocean Race: Call of Duty comes first for Team Alvimedica
Audi Melges 20 World Championship - Day 1 images by Stefano Gattini
Helping boaters understand weather basics
PWA Alacati World Cup - Exciting finish on day 2
Match 40s find the surface again + Video
Audi Melges 20 World Championship - Day 1 images by Max Ranchi
Clagett Regatta names first Executive Director
Transatlantic Race - Fleet expanded for 2015 edition
IFDS World Championship overall   
Anna Tunnicliffe: Alinghi finishes second - Extreme Sailing Series   
2014 18' Skiff International Regatta - Day 2   
2014 Audi Melges 20 World Championship - It's go time in Garda   
2nd Annual Keith Dinsmoor Regatta September 13-14   
Aldo Alessio Regatta - Three days of tight racing   
PWA Alacati World Cup - First blood to Van Der Steen and Offringa   
Oakcliff Sailing hosts the Nacra 17, 49er and 49erFX Nationals + Video   
International 18ft Skiff Regatta underway on San Francisco Bay   
Maxi Yacht Rolex Cup 2014 - Quality fleet for Maxi Classic   
Sailing Champions League - which is Europe's best sailing club?   
Weta fun at the Wine & Roses Regatta   
Extreme Sailing Series: The Wave, Muscat claims victory on Cardiff Bay   
International 14 World Championships 2015: Not just for boys   
Rio de Janeiro achieves 50% treatment of sewage outflow *Feature   
2014 AWT Quatro Desert Showdown - Event memorable videos   
2014 18' Skiff Int Regatta: Day 1 at San Francisco - Reversal on beach   
Emirates Team NZ: Last race boost cannot save team from table bottom   
PWA Alacati World Cup - Furious slalom is upon us   
J/111 World Championships - The Winner is Shmokin Joe!   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT