Please select your home edition
Edition




Asia Pacific Superyacht Conference 2018, part deux

by Guy Nowell, Sail-World Asia 12 Apr 2018 03:02 AEST
Onto Irianto, Director of Marine Services, Indonesia. APSC 2018 © Guy Nowell

It is a recurring notion in APSC discussions that yachting across Asia would benefit greatly if all the regional governments were facing in the same direction, and fully understood the concept of boating as a leisure pursuit. It was, however, very alarming today to discover that the Indonesian government does not understand the difference between a cruise ship and a superyacht. There’s a real problem there.

(For the record, one has ‘commercial vessel’ on its registration papers, and the other says ‘private’ – even when it is chartering in a commercial fashion. We also know that Indonesian officials have difficulty with the difference between ‘marina’ and ‘fish dock’.) So it should not have been a surprise when today’s opening presentation from the Director of Maritime Services assured us, once again, that cruising in Indonesia is a stroll in the park. Regular attendees at the Singapore conference may have thought that today was Groundhog Day. When asked “where would you like to be this time next year?” one superyacht Captain replied, “Not here, discussing the same stuff again, thank you.”

Delegates were advised that Indonesia is considering reducing or abolishing the current punitive and prohibitive Luxury Tax, in anticipation of attracting more big boats to the country – and chartering will be fine as long as a visiting yacht books its business through a locally-incorporated company and re-flags itself as an Indonesian vessel for the duration of its visit; something we suspect is unlikely to happen. However, purchase of a Charter Licence would make a chartering superyacht contribute to the national economy, but that might be altogether too simple a concept. Who knows?

And then the conversation moved on…

A panel discussion on Building a Marina Network of Marinas in Asia got rather side-tracked into describing the merits of some of the existing installations in Asia, although it was proposed that “Asia could really boom if regulations were straightened out regionally.” Listen: if anyone simultaneously has the private ear of the Thai, Vietnamese, Malaysian, Indonesian, Chinese, Hong Kong and Philippine governments, please stand up. This has become such a dominant cry over recent years that Conference Chairman Martin Redmayne practically demanded that “someone do something about it.” Good news: an Asia Boating Dialogue is slated to take place tomorrow, involving boating industry associations of different stripes from Singapore, Malaysia, Thailand, Indonesia, Hong Kong, India, Sri Lanka, South Korea, Japan and Australia. You have to start somewhere.

A further panel discussion about ‘Building Confidence for Cruising and Chartering in Asia’ became a plea for transparency and free exchange of information, and an estimate of how much economic impact a chartering superyacht really has on the places it visits (answer: a lot). We also learned that there is no problem with physical security (ie pirates) in Asia, but most of us know that already.

After the coffee break, delegates heard from Angela Pennefather and Justin Hofman of EYOS Expeditions, concerning ‘The Rise of Expedition Yachting.’ Those who thought that ‘expedition yachts’ were merely a fashionable blip on the superyacht design line akin to the curious demand for Range Rovers in Surrey should have been delighted to hear that this is not the case. Expedition yachting is what some might call a ‘proper’ use of a superyacht – to enable access to otherwise inaccessible places. Antarctica, for example. Or Melanesia and the less-travelled parts of PNG. “Asia offers almost too many options,” said Hofman. “You can cruise parts of Asia where there are so many islands and so few boats that an expedition really is an adventure.” Adventurous clients are coming to Asia to see what’s here before it disappears. Superyachts clients leave a very small cultural footprint (unlike cruise ships), are highly environmentally aware, and the ‘toys’ they bring with them – especially submersibles – are often deployed in the name of exploration and scientific research.

Pete Ceglinski, CEO of the Seabin Project, reminded the conference that 95% of the world’s ocean-borne plastic originates in Asia, and that a single Seabin in Porto Montenegro recently captured 876kg of plastic waste in only six months. These things really work. But “the Seabin is not the answer to ocean pollution – it is no more than an effective contribution to a clean-up effort. The actual answer is education.” And what do Seabins collect more than anything else? Cigarette butts. Now you know.

Richie Blake of Döhle Yachts spoke briefly, comprehensively, and very fast about the new Red Ensign Group Yacht Code. Some of us kept up. Paul Miller (Hiscox MGA) presented an Insurance Perspective on the superyacht market. Boats are expensive – please don’t skimp on the insurance.

And then the Conference Chairman invited yacht designer Espen Øino and yacht builder Michael Breman (Lürssen) to consider the immediate future of the superyacht and megayacht market. “The best thing you can do with a yacht is go places that you couldn’t otherwise go without taking your house with you. Or a small hotel,” proposed Breman. Some boats have been doing this for many years, such as Octopus (owned by Paul Allen of Microsoft). Harking back to the earlier comments from EYOS Expeditions, Øino suggested that very large yachts will increasingly find a real role for themselves as contributors to research. Yachts designed not so much as an expression of an aesthetic and gadgetty perfection, but yachts with a purpose.

And that was it. Chairman Redmayne reminded everyone once more (in case a reminder was required) that “Asia has so much to offer. The superyacht industry needs to capitalise on what is already here, not reinvent the wheel. Get the house in order – and go yachting.”

Related Articles

Trade war continues but progress being made
A summary of news relevant to marine businesses across North America Following talks over the weekend in Geneva, Switzerland, the U.S. and China agreed to a 90-day pause on the ongoing trade war between both countries. Posted on 14 May
General Election now over; time to look forward
A summary of news relevant to businesses across Oceania The Australian International Marine Export Group, together with Superyacht Australia has confirmed an impressive line-up of speakers for the Australian Superyacht Conference, to be held 19-21 May at The Langham Gold Coast, Queensland. Posted on 8 May
American Sportfishing Association urges action
A summary of news relevant to marine businesses across North America ASA President Glenn Hughes sent a letter to Trump Administration expressing support for its efforts to address global trade imbalances and strengthen U.S. competitiveness, while urging swift action to provide greater certainty and relief for ASA members. Posted on 7 May
Boat Show updates from Sydney and Melbourne
A summary of news relevant to businesses across Oceania The 2025 Sydney Boat Show is here and exhibitor applications are now open. Taking place from 14 to 17 August at the Sydney Showground, Sydney Olympic Park, this exciting new event format puts the marine industry front and centre. Posted on 1 May
Monaco in Hung Hom?
HK Government has big plans for harbourfront development “The yacht economy is not only about having a breakwater - in the cases of Barcelona and Monte Carlo, they have established an industry chain with supporting facilities including maintenance and gadgets.” Posted on 1 May
Tariff rates under further consideration
A summary of news relevant to marine businesses across North America According to an April 23 Wall Street Journal report, President Trump is considering reducing the tariff rate on Chinese imports to 50-65%. Posted on 30 Apr
Women's roles in our industry are undisputed
A summary of news relevant to businesses across Oceania The AMSA invited BIA recently to record a video Q&A to highlight the work of industry to promote women in the boating sector to all Regional Safety Committees around Australia. Posted on 24 Apr
"Steady as she goes" is the industry message
A summary of news relevant to marine businesses across North America As the recreational boating industry faces shifting economic tides, understanding the sentiments of its leaders has never been more critical. Posted on 23 Apr
Easter is a time for industry reflection
A summary of news relevant to businesses across Oceania As Australians prepare to enjoy the Easter long weekend, the Boating Industry Association (BIA) anticipates a surge in recreational boating activity across the nation's waterways. Posted on 17 Apr
Economic pressure affects boat sales
A summary of news relevant to marine businesses across North America As economic headwinds continue to shape consumer sentiment, the latest Monthly Recreational Boating Industry Data Summary report analyzes January 2025 data, offering a look at trends and how 2025 kicked-off ahead of the tariff and trade tensions. Posted on 16 Apr