Please select your home edition
Edition
Selden 2020 - LEADERBOARD

ONE°15 Marina hosts Singapore Yachting Festival, setting sail towards success

by Singapore Yachting Festival 7 May 2024 19:35 PDT 25-28 April 2024
Singapore Yachting Festival 2024 dazzled over 11,500 attendees with a lineup of yacht premieres from around the globe, showcasing the industry's progress in innovation and design © ONE°15 Marina

The Singapore Yachting Festival (SYF) 2024 concluded with resounding success, affirming its status as Asia's premier yachting event.

Held at ONE°15 Marina Sentosa Cove from April 25-28, this year's event boasted an impressive showcase of the yachting industry. With 72 vessels on display, along with 75 exhibitors representing 115 brands, it provided a comprehensive look into the latest innovations and offerings in yachting.

Mr. Arthur Tay, Chairman and CEO of SUTL Group of Companies, expressed, "As the organiser of the Singapore Yachting Festival, I'm heartened by the tremendous support and positive feedback received by the yachting business community this year. With many who have expressed interest to return next year, we are committed to expanding the lifestyle offerings at the event, providing a holistic yachting and luxury experience for discerning visitors."

The SYF 2024 was well-attended by over 11,500 international visitors, which was a 25% increase from the previous year. This remarkable turnout underscores the growing interest and demand for yachting in the region. SYF highlighted Singapore's emergence as a prominent yachting hub, boasting expertise, accessibility, and top-notch infrastructure capable of hosting unique on-water exhibitions as such.

Mark Elkington, CEO of The Yacht Sales Co. said, "as part of our strategic growth in Asia, the 2024 Singapore Yachting Festival was an excellent opportunity to increase our brand awareness in the region and continue to grow our client base. Overall, we are very happy with the visitorship and number of orders taken at the event. We look forward to being part of next year's festival with the aim to display a more comprehensive range of brands and models for visitors to explore."

Exclusive experiences and premieres:

The SYF 2024 was a haven for unique experiences. The 72 vessels on display ranged from alternative fuel solutions and electric hydro-foiling crafts, to sleek design motor yachts and world-renowned superyachts. Attendees, whether seasoned boaters or newcomers, had the opportunity to explore ancillary equipment and enjoy hands-on experiences with water toys. More than just a trade show, the festival embodied the essence of boating culture, celebrating lifestyle, luxury, freedom, and fun.

Amongst the plethora of premium experiences, visitors had the rare opportunity to tour the expedition yacht M/Y GALILEO, available for charter in the Maldives and Southeast Asia. "It was an honour for M/Y GALILEO to participate in the Singapore Yachting Festival 2024 as the largest yacht (55.7 meters) this year. We took pleasure in the opportunity to engage with a vibrant community of clients, brokers, and suppliers from the Southeast Asian region," shared Andreas Stader, Head of Marketing at M/Y GALILEO.

The Festival also witnessed new exhibitors who participated, namely; Asia Global Yachting, Damen Yachting, ST Engineering, Yacht Sourcing, Flow Yacht Club, and Fischer Panda, to name a few. In addition, SYF also expanded its exhibitor categories to include private aviation, superyacht builders, luxury concierge, luxury cars and bespoke jewellery, which underscored its commitment to providing a diverse and comprehensive showcase of the yachting industry.

The event hosted esteemed VIP groups and prominent guests, adding to SYF's allure and prestige. Among the attendees were representatives from prestigious car clubs and private clubs such as the Ferrari Owners' Club Singapore, 67 Pall Mall, the Young President Organisation Singapore Chapter, as well as prominent C-suite guests, family offices, fund managers and business owners.

The SYF provided an excellent stage for festivities, gatherings, and product premieres. M/Y SILENT WORLD unveiled unique art creations by Singaporean digital artists—niceaunties, during an intimate cocktail event. Simpson Marine, Asia's premier yacht sales and brokerage firm, marked its 40th Anniversary in a grand celebration with the popping of a six-litre champagne bottle.

"This event provides an ideal platform to showcase our exceptional range of yachts and services while connecting us with yacht owners and customers attending the show from all over Asia. As Asia's main yachting event, it's an unmissable yearly rendezvous for visitors looking to discover more about boating and access this one-of-a-kind lifestyle. In summary, yet another vibrant edition and we are looking forward to the next one." shared Richard Allen, COO of Simpson Marine Group.

2025 Announcements:

Looking ahead, SYF announced exciting developments for the 2025 edition, which will be held from 10 to 13 April at later show hours with more comfortable weather conditions. The Festival has also received overwhelming interest from a lineup of returning exhibitors to book their berths.

Expansion plans are under way to activate land areas, extending the Festival's offerings to include categories such as waterfront properties, luxury watches, jewellery, marine equipment and many more.

Related Articles

White House announces new tariff adjustments
What this means for the recreational boating industry Last night, President Trump signed a sweeping Executive Order finalizing modifications to the reciprocal tariffs imposed under the International Emergency Economic Powers Act (IEEPA), first introduced on April 2. Posted on 1 Aug
Consumer confidence rises slightly in July
NMMA continues to monitor consumer sentiment and its implications for marine businesses U.S. consumer confidence showed modest signs of improvement in July, according to the latest report released this week by The Conference Board. Posted on 1 Aug
Prepare for what's next at MRAA's Dealer Week 2025
MRAA announced the theme of its annual Dealer Week Conference and Expo The Marine Retailers Association of the Americas (MRAA) has announced the theme of its annual Dealer Week Conference and Expo: “Prepare for What's Next.” Posted on 1 Aug
Trump announces additional tariff actions
Including Copper products and Brazil imports Yesterday, President Donald Trump announced additional plans to impose new tariff rates on imports from Brazil and semi-finished and derivative copper products. Posted on 31 Jul
BoatUS Foundation and NOAA partnership
To fund the removal of 300+ abandoned derelict vessels In a first-of-its-kind effort across six states and two unincorporated territories, dozens of coastal communities will see a significant investment in removing more than 300 abandoned and derelict vessels (ADVs) from their local waters. Posted on 31 Jul
NMMA Report outlines Canada's 2024 Economic Trends
The annual Canadian Recreational Boating Statistical Abstract NMMA has released its 2024 Canadian Economic Factoids report offering a detailed look at national economic indicators from 2011 through 2024, now available as part of the annual Canadian Recreational Boating Statistical Abstract. Posted on 31 Jul
GOST debuts Kasper
Multi-purpose solar-powered global satellite asset tracker GOST® (Global Ocean Security Technologies), a world leader in marine security, tracking, monitoring and video surveillance systems, announced today the launch of its newest solar-powered global satellite asset tracker, Kasper. Posted on 31 Jul
VMAR accelerates leadership in tender market
The global inflatable boat market is expected to reach an estimated $4 billion by 2030 Vision Marine Technologies a pioneer in high-voltage electric marine propulsion and a boat retailer with a strong dealership network across Florida, announced the expansion of its commercial activities across the global tender market—a high-turnover Posted on 31 Jul
Australian Sailing Team and Element 6 Evolution
Elite Partnership Continues Towards LA 2028 The Australian Sailing Team's (AST) ILCA program is built on a legacy of excellence, underpinned by world-class athletes, a strong squad culture, and elite equipment. Posted on 31 Jul
St. Thomas Junior Sailing Summer Program
22 Students Graduate from the St. Thomas Sailing Center Twenty-two St. Thomas teenagers graduated on Friday, July 25, from the 4th annual Junior Sailing Summer Program, run by the St. Thomas Sailing Center. Posted on 30 Jul
Maritimo M75Selden 2020 - FOOTERAllen Dynamic 40 Footer