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  • 16 Nov 2020 06:57 | The Chair (Administrator)

    Asia-Pacific Yacht Industry High-Level Forum 2020

    English Online Video Link:
    https://drive.google.com/drive/u/0/folders/1ArzuLUL2N9mjU4w04vHa-U74vR3ODohQ

    Asia-Pacific Yacht Industry High-Level Forum 2020

     An integral part of the Macau Yacht Show 2020, the Asia-Pacific Yacht Industry High-Level Forum in recent years has become a key platform for connecting China to the international boating community. Wang Yong, General Manager for the Nam Kwong Group, a mainland Chinese Enterprise which has over 70 years’ experience in operating extensive tourism and leisure platforms in Macau, said in his welcome speech, “the Forum is a great opportunity for the industry to come together to exchange ideas and work together to build a marine culture in the Greater Bay Area (GBA)” - the theme for this year’s presentations.
     
    Due to travel restrictions, the Forum was a combination of live and virtual presentations, with speakers making live presentations in Macau and Hong Kong, and the other four speakers giving online presentations from China, Australia and Switzerland. The Forum was bi-lingual with live video streaming that focused topics which included: Development of Boating; Cooperation of Yachting Industry and Financial institutions, and Marine Economy with reference to the Greater Bay Area (GBA).
    MCs Andrea Richey in Hong Kong, and Jose Chan Rodrigues in Macau, directed proceedings, with each of the eight speakers giving a 10min presentation in which they shared their expert knowledge and insights.

    Fabiomassimo Discoli (Ferretti Group) was the first to present. He talked about the strength and diversity of the Ferretti Group, which is 86% owned by the Weichai Group, a major mainland manufacturing corporation. One of the world's largest luxury yacht manufacturers, the Ferretti Group is headquartered in Italy where the six Italian shipyards specialise in the design, construction, and sale of luxury motor yachts ranging from 8 to 90 metres in length. Discoli believes Ferretti Group is well placed to promote yachting in China and the GBA.

    Second speaker Lawrence Chow (Hong Kong Boating Industry Association) described the established boating markets of Hong Kong and Macau and their relevance to the GBA as key boating hubs in the region. Chow believes that the developed marine infrastructure, mature boating market and beautiful cruising grounds make Hong Kong the perfect cruising hub in the GBA. However, work needs to be done in the areas of Government advocacy: standardised boat regulations, simplified CIQ processes and more moorings for visiting yachts in Hong Kong is necessary to develop boating in the GBA.
     
    The final speaker for Session 1 was Stuart Hu (Sanya Central Business District ) who outlined the new developments in Hainan - which is now designated as a Free Trade Zone (FTZ). Hu, who is now based in Sanya, is working to open up new boating opportunities that encompass a wide range of marine activities including charter, yacht manufacturing, refit and repairs.
    Session 2 explored the cooperation of the yachting industry with financial institutions in the GBA. In Hong Kong, Raphael Beaudrey (Rosemont Trustees (Asia) Ltd highlighted the complexities facing superyacht owners, and the role that Family Wealth Management companies can play. Issues such as statutory and regulatory compliance, crew training, insurance, safety and security all need to be managed: with integrated multi-family office supervision and support the process of owning a superyacht is substantially streamlined.  
     
    Olivier Blanchet (BNP Paribas Wealth Management) continued with the finance theme by explaining the role of Private Banking in yacht and jet financing. Blanchet outlined the importance of getting the right advice when investing in such high-value and high-profile acquisitions, and how the GBA could become the Asia hub for superyachts in the future, given the growing numbers of HNWIs in the region.
    Session 3 focused on the Marine Economy in the GBA, and Legal Counsel Edwin Liu (Hill Dickinson) explored how the three jurisdictions of Hong Kong, Macau and the GBA can cooperate and develop a synergy based on the extensive marine market that already exists in this region. Liu suggested that Hong Kong, with its unique strength as an international centre for finance, trade and shipping, can serve as a super-connector by bridging the GBA and the rest of China to the international market.
     
    Leah Trafford (SailGP) from Australia discussed the economic impact of the SailGP event that was hosted in Sydney in February 2020. The high profile and dynamic sailing series is a major game changer in bringing awareness of the sport of sailing to the general public, and in developing marine markets of the GBA. Outlining the media and brand deliverables and the ability to engage a new boating audience, SailGP provides global multi-platform coverage to destinations around the world.
     
    Final speaker Huan Wen (Chairman, Yacht Industry Association of GBA) had the important role of updating the audience on the latest initiatives being outlined in the  China Central Government’s 5-year programme for the development of boating in the GBA. Changes are being made to policies and regulations concerning private yachts cruising in the region, and reforms are being made to yacht registration, aimed at streamlining procedures and make boating safer and more affordable in the region. The GBA will be the testing zone for many of these policies with the aim growing both the domestic boating market in China and connecting the global yachting community to the GBA.

    10th Macau Yacht Show 2020

    For more information contact:

    Yan Mio: yanmio@126.com
    Suzy Rayment: suzy.sayment@asiayachtpress.com
    www.mcyachtshow.com


  • 16 Nov 2020 06:50 | The Chair (Administrator)

    Understanding the economies of Hong Kong’s districts

    Between 10% and 35% of the residents of a district work in that district. With jobless numbers rapidly rising, there is an urgent need for Hong Kong’s district councillors to focus on the economies of their constituencies.

    We have produced a booklet offering basic information on industries, jobs and their locations. Download here.

    short video explains how the information can be used to identify new growth opportunities, taken Southern District as an example. 

    Video: 

    Booklet:

     

    發展香港地區經濟

    香港失業數字越來越高,區議員有迫切需要關注地區經濟。

    同時,我們只有10%至35%的居民能原區工作。

    我們製作了小冊子,提供18區各區工作數字,行業概覽及公司機構位置等基本資料,供大家作參考 。

    我們亦準備了短片,簡介小冊子及如何利用數據分析地區經濟(以南區為例)。

    由於各區各有獨特性,歡迎大家互相交流意見。


  • 2 Oct 2020 14:16 | The Chair (Administrator)

    ICOMIA World Marinas Conference (WMC) Industry Reconnect webinar series will bring you four different sessions, 90 min long, with leading industry panellist and the opportunity for a productive Q&A session.

    ICOMIA WMC Industry Reconnect will run as free to register webinar series, aiming to bring the industry together and provide a forum to discuss pressing topics in the current Covid-19 crisis.

    The webinar series includes the following sessions:

    1. State of the industry around the globe (6th October at 10 am UTC)
    2. Boating and Tourism with Covid19 – what’s next? (13th October at 11 am UTC) 
    3. Technology looking forward (20th October at 11 am UTC)
    4. Vision of CHANGE (27th October at 12 pm UTC) 

    Register now as there is limited space.

    https://www.icomia.org/wmc-industryreconnect




  • 24 Sep 2020 21:41 | The Chair (Administrator)

    HKBIA held its AGM at the conference room of Ince & Co on 24 September, 7:30pm.

    The council thanks Reanna Wang (Simpson Marine) and Suzy Rayment (Asia Yacht Press) for their dedication and efforts in supporting the HKBIA as they  step down from their council positions.

    Newly elected HKBIA officers and council members include: Lawrence Chow (Chair), Andrew Chan (Vice Chair), Louise Connolly (Hon. Treasurer), Richard Oakley (Hon. Secretary), Simon Boyde (Past Chair), Paul Zimmerman (Hon. President), Alan Reid (Marinas/Moorings Rep), Ewa Stachurska (Charter Rep), Jaime Ng (Standards Rep), Ng Kwong Hung (Environmental Advocacy Rep) and Vianney Guezenec (Boats Rep).

    HKBIA will continue to build a stronger local and international profile whilst continuing to build a constructive dialog with the relevant government departments.

    DIRECT LINK TO PRESENTATION



  • 24 Sep 2020 09:14 | Suzy Rayment

    Session 1:  South and South East Asia; held online 22 September 2020.

    By Suzy Rayment/ Asia Yacht Press

    Over 160 industry professionals joined together for the first of two free online sessions that make up the Asia Boating Dialogue 2020. An up-date of the Asia Boating Forum (ABF) which was started five years ago, the new initiative is a cooperation between the Singapore Yacht Association and the Hong Kong Boating Industry Association, along with the support of ICOMIA. The first of the two free round table webinars, proved to be a welcome opportunity for members of the Asian boating industry to connect and network, especially given the dearth of boat shows this year.

    The first session held today (16:00 SGT / 08:00 UTC+8) via a Zoom webinar, focused on the South and South East Asia regions. Six country representatives presented industry statistics, business trends, marine updates, boating regulations, and some local destination insights.  

    Aashim Mongia from the Indian Marine Federation (IMF) kick started proceedings by talking about the progress that has been made at a government level in India to grow recreational boating and marina development. “It’s a slow process, but over the years we have engaged with the central Government and now we have support and approval for development of boating infrastructure and new regulations are also coming into play”. A new marina in Mumbai and an increasing domestic interest in charter means that boating is on the map for one of the most populated country’s in the world.

    Sri Lanka is also making strides when it comes to recreational boating. Garmini Herath, from the Boat Building Technology Improvement Institute (BTI), says that “although Sri Lanka is not a boating nation, there are small advances that show there is a growing demand for recreational boating in the country. A new Ministry has been formed to oversee yachting development, and there is a fledgling ship building and charter industry.”

    Robin Engel representing the Indonesian Marine Tourism Association, is upbeat about the benefits to the boating industry that the Indonesian government has initiated over the two terms that President Widodo has been in power. “There has been a swing away from big cruise ship tourism to smaller more sustainable vessels that connect this island nation and local tourism. With borders closed this has stimulated the local domestic boating market and as a result there will be opportunities here in the future.”

    Singapore was next on the agenda, and Darren Oh who heads up the Singapore Boating Industry Association (SBIA) outlined the strengths of the economy, along with the current local boating regulations and infrastructure. “We are home to Asia’s biggest yacht show, and Singapore has a number of top-quality marinas; it’s just unfortunate that we don’t have much in the way of cruising grounds. So, with the Covid-related lockdowns, there has been an increase of local charter activity and brokerage sales but we still need to look to our neighbours (Indonesia and Malaysia) for easy access to good cruising destinations.”

    William Quah, who stood in for Oh Kean Shen, was representing the Association of the Marine Industries of Malaysia (AMIM). Quah observed that Malaysia lacks good pleasure boating infrastructure, but the country does have an active sailing culture, regatta circuit and good shipyards for refit and repairs. “We are lagging our neighbours and need to catch up especially in areas such as charter.” The AMIM is currently talking to Malaysian Government about activating a 5-stage strategy to stimulate the growth of pleasure boating throughout the States of Malaysia.

    The Thai Yachting Business Association (TYBA) representative Peter Jacops outlined the impact that the Covid lockdown has had on tourism and the boating community. There was hope that restrictions would be lifted soon but this doesn’t seem to be the case - and the charter and tourism industry is suffering. In the meantime, TYBA is looking to engage with the local community and develop a local boating culture while working with the Thai Government to refine boating and charter regulations for the future.

    Apa Ongpin, representing the Federation of Philippines Marine Industries was the last speaker for the session. “The Philippines like many of its neighbours has had strict travel restrictions and this has slowed growth of the leisure boating industry.”  But as Ongpin points out, “it’s a small industry with only 5-15 new boats a year entering the market, so the industry will continue to grow as the primary boating market is upper-middle class and wealthy private owners, with a secondary market of property and resort developers. The forecast is flat for 2020, but there will be post-Covid opportunities in the future.

    Moderator Udo Kleinitz, Secretary General of ICOMIA, concluded the 2-hour session with questions and answers that had been fielded via the chat platform throughout the session. As usual there was not enough time to address some of the really interesting issues that were raised by the audience, but that just means there are more opportunities for future webinars.

    Session Two will be held on Tuesday 29 September 2020 (16:00 SGT / 08:00 UTC+8) and feature the rest of East & Northeast Asian with speakers from China, Hong Kong & Macau, Japan, South Korea, Taiwan and Vietnam.

    Thanks to the Sponsors of the ABD - Gold Sponsors: Basco Boating, Asian Yachting Academy, and Fountaine Pajot, and Silver Sponsors: Groupe Beneteau Asia Pacific, Mercury, One15 Marina, Simpson Marine, and Volvo Penta; the Regional Supporting Industry Associations & Agencies and Supporting Partners.

    For more information and to register for Session 2 go to www.asiaboating.org


  • 9 Sep 2020 11:11 | Suzy Rayment

    Joining the sister ship SL86, which arrived in February 2020 in Hong Kong, this new Sanlorenzo SL86 has been commissioned by an owner who appreciates the unique bespoke feel of the Sanlorenzo yachts. It’s a perfect way to enjoy the outdoors in style while avoiding the crowds and interactions of conventional travel.

    Sanlorenzo has channelled its decades of experience into the SL86, combining signature styling with new innovations and an unparalleled level of customisation within its category. The bulwarks are cut to let the larger side windows catch as much light as possible so guests can enjoy the sea view, even from the sofa of the salon. This space on SL86 is wider and has more light, but doesn’t affect the typical Sanlorenzo sober line.

    On board, you’ll find a wide interior space, filled with light thanks to generous side windows, and an elegant, soothing interior design with obsessive attention to detail and a bespoke finish. There are four comfortable cabins below decks offering accommodation for eight guests, including master and VIP suites and two twin cabins, all with ensuite bathrooms. This makes the SL86 perfectly suited to explore Hong Kong’s further bays including Sai Kung, Double Haven, Plover Cove, Mirs Bay, Soko Islands and more.

    To find out more about Sanlorenzo yachts in Asia and our quick deliveries available on some models, please contact our expert team at sanlorenzo@simpsonmarine.com

  • 8 Sep 2020 19:44 | Suzy Rayment

    The Lantau Yacht Club (LYC) welcomed the first yacht member and first visiting yacht on 30 August 2020, marking a key milestone of Hong Kong’s newest state-of-the-art marina. The soft opening involves the opening of the Marina Office, and Phase 1 of the Marina and the service yard. The 45-feet Jeanneau Sun Odyssey 479 sailed into the all-new Lantau Yacht Club marina closely followed by Ferretti Yachts 670 and they were welcomed by the marina staff.

    “We are delighted that Lantau Yacht Club has embarked on this new journey,” said Mr Victor Cha, Deputy Chairman & Managing Director of HKR International Limited (HKRI). “This is an important milepost for both Hong Kong Resort Co. Ltd. (Hong Kong Resort) and the yachting community in the region as LYC setts a new standard and direction for marinas and superyacht industry development in Hong Kong and in Asia.”

    Phase 1 of the Marina comprises about two-thirds of the total berths ranging from 10 m (33 feet) to 60 m (197 feet). The simple yet chic Marina Office will be the key gathering point before and after cruising trips. It is also the office of the Member Service, Concierge and Marina Operations teams who offer one-stop seamless service for all members and crew. Right in front of the Marina Office by the shore is the lawn patio where everyone can chill out and enjoy the captivating sea view of the South China Sea.

    The first LYC member, a long-time Discovery Bay resident was delighted with how the LYC Marina has shaped up. “It’s sturdy breakwater and pontoons and the stringent security measures are very reassuring, particularly during the typhoon season”.  The new member went on to say that he had been looking forward to this new facility, with its proximity to his home.  “The ease of access to my boat, and the marina services, offer a lot of convenience, and mean that we can enjoy the beauty of local waters at any time, while making a long-term base for exploration further afield in the future.”

    The Italian luxury yacht builder Ferretti Group also recommends LYC as a new berthing option for current and potential yacht owners. “It is our pleasure to bring our new Ferretti Yachts 670 to the highly anticipated LYC Marina. We are impressed by the world-class infrastructure and provisions, as well as the professional team. LYC is one of the few new marinas opened in the region in the last decade. We believe more visiting yachts will come to Hong Kong and berth at LYC as it offers custom-built superyacht berths that were not available before,” said Mr Andrew Pitchford, Sales & Marketing Manager Asia Pacific of Ferretti Group.

    Refurbishment works of the remaining sections of the Marina and the clubhouse are in full swing with expected completion by the end of this year. More members will be moving into the LYC Marina soon while certain number of berths have been allocated for visiting yachts from overseas, as well as for yachts looking for safe shelter amidst the typhoon season.

    About Lantau Yacht Club

    Located in the northeast of Lantau Island, Lantau Yacht Club (“LYC” / the “Club”) is one of the four premium membership clubs in Discovery Bay, Hong Kong’s renowned international residential community and a unique leisure destination developed by Hong Kong Resort Company Ltd. The Club first started operations in 1989 as Discovery Bay Marina Club and has been closed for a major renovation since 2019. The new marina is scheduled to fully open in the fourth quarter of 2020 with a brand-new design, modern technology, and superyacht berths to meet the needs of Hong Kong’s growing sailing and pleasure boating community.

    For further information please contact: info@lantauyachtclub.com

    www.lantauyachtclub.com

     

     

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Hong Kong BIA – A new voice for the leisure marine trade in Hong Kong

香港遊艇業總會- 一個新的香港休閒海事行業發聲平台


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