chinese yacht builders

YihongYachts

YIHONG YACHTS

72 FT CATAMARAN

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About yihong.

YiHongYachts shipyard (“Yihong”) was founded in 2005, it is one of the four largest luxury yachts manufacturer in China. And it is the first Chinese yacht builder launched on the stock market successfully, its stock number “835558”.

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YiHong Yachts will launch the "MARS PENINSULA" project in 2022, opening up the future of island life

YiHong Yachts won the "2018 Most Growing New Third Board Company" Golden Horn Award

YiHong Yachts attended the 2019 International Mountain Tourism and Outdoor Sports Conference

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• Grand Voyager 144
• M/Y STAR 138
• COLUMBUS 90
• EXPEDITION 110
• MAGELLAN 110
• Kingship 40
• DISCOVERY 75/90
• OCEAN SUV 90/116/150
• ESSENCE 143
• SAILING YACHT 120
• KINGSHIP 138
• KingCAT 40M
• M/Y MAMAMIA 140
• M/Y WESTERN ISLES 159
• M/Y AMANTE 146
• Commercial Vessels
• Rescue Runner
• ER Workboats
• Construction

Asia’s most modern yacht building facility in close proximity to Hong Kong and Macau.

1 st   asian yacht-builder to achieve lloyds, the highest yacht building standard,  mca compliance for charter., 1 st  yacht builder in asia specializing in constructing superyachts with steel hull and aluminium superstructure, iso 9001:2015 quality assurance and management system certifed shipyard by bureau veritas, kingship’s mission is to create a joinder of the venerable tradition of northern european design and western technological advances in luxury yacht construction practices with the economical, high skilled and dedicated artisan of china., customizations, kingship’s new designs are precisely designed and engineered to bring the fun back to yachting. performance and space are maximum with minimal operating  and operating costs., refit projects, kingship’s refit team assure the owners a brand new outdoor and indoor experience. to guarantee top quality, our team had worked closely with the owner’s captain and the crew throughout the refit process, from determining the paint system to relaunching the boat..

M/Y GRAND VOYAGER 144

For sale: under construction.

Best Shipyard Location

Headquarter in Hong Kong

Shipyard in ZhongShan (22°34’29.4″N, 113°29’36.9″E)

Drive to Kingship shipyard

• 90 mins from Guangzhou BaiYun International Airport to Shipyard
• 90 mins from Shenzhen BaoAn International Airport to Shipyard
• 90 mins from Macau International Airport to shipyard
• 90 mins from Zhuhai Airport to Shipyard

Take ferry to Kingship shipyard

• 90 mins from Hong Kong China Ferry Terminal to Kingship Shipyard
• 70 mins from Hong Kong International Airport to Kingship Shipyard
• 60 mins from Shenzhen Baoan International Airport to Kingship Shipyard

Ocean Cross Bridge Highway

• 120 mins from Hong Kong City Center to Shipyard (via HZM bridge)
• 70 mins from ShenZhen City Center to Shipyard (Open in 2021)

Best Motor Yacht Builder Awards

Kingship Marine Limited

Address : 1512, 15th Floor, Chevalier Commercial Center, 8 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong Tel : +852 2530 4848 Fax : +852 2530 4433 Email : [email protected]

© 2024 Kingship Marine Limited. All Rights Reserved.

• Chinese, Simplified

Yacht Manufacturing

Yacht and boat manufacturing dates back to the beginnings of Sino Eagle Group company, and has remained a core business within the group since 1985. We are currently one of the only Chinese boat builders and yacht manufacturers which offers the in-depth knowledge and experience in advanced yacht building practices, and full in-house manufacturing capabilities. With our new facilities for boat building in China, combined with our skilled and experienced labor force,we can cater to all your yacht production needs, from custom and high-tech small scale yacht manufacturing, to mass production large scale yacht manufacturing projects.

Sino Eagle Group is an experienced chinese yacht manufacturing company, and a premier yacht manufacturer in China, manufacturing a the complete line of world class Aquila power catamarans from 28 to 70 foot long.  

Luxury Yachts

Custom Yachts

Motor Yachts

Aquitalia yachts fleet, leader in luxury custom yachts manufacturing in china (30ft~110ft).

FUJIAN YIHONG YACHT CORP

YIHONG GROUP shipyard ("Yihong") was founded in 2005, it is one of the four largest luxury yachts manufacturer in China. And it is the first Chinese yacht builder launched on the stock market successfully, its stock number "835558". Yihong's shipyard is located in Zhangzhou of China, the production facility covers an area of 670,000 sqm with 1,400m of coast line and is one of the biggest Yacht and RV manufacturing plant in China.

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Aquitalia yachts, taking global standard as the starting point.

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AQUITALIA YACHTS GLOBAL NETWORK

Luxury custom yachts manufacturer.

76M san bao

94.7m red star, 88.5m illusion plus, 92m ninetytwo, 108.8m tomorrow, 115m estatement, unlimited technology.

Pride Mega Yachts are world-class, competitive mega yacht builders, located in China’s Yantai Peninsula in the Bohai Gulf. Pride Mega Yachts designs and builds its yachts with an experienced, international team of world-class consultants and designers according to European standards. The use of tested, state-of-the art technologies allows for an unwavering focus on innovation and sustainability.

UNLIMITED PERFECTION

With more than 25 years of experience working in the superyacht industry, luxury shipbuilders Pride Mega Yachts have numerous high-quality international projects to their name. China is traditionally not associated with the global yachting industry but that is changing fast. Both country and Pride Mega Yachts have an obsession with perfectionism and a strong drive to significantly contribute to the qualitative aspects of the world economy.

UNLIMITED PROFESSIONALISM

The unrivalled level of professionalism is reflected in the high levels of naval expertise in the fields of engineering, construction, methodology, research and development, design and production. The desire to consistently delivers the very best drives in the constant search for excellence that is required for the creation of superior-quality superyachts. Extraordinary and meticulous craftsmanship forms the indispensable basis for the realisation of the largest, finest, unlimited high-end super yachts.

UNLIMITED IN SERVICE PROVISION

Flexible and client driven, Pride Mega Yachts is constantly seeking the best product and the best solution for the client. From the design process to the construction phase and after completion, Pride Mega Yachts knows that the customer’s experience with the shipyard is as important as the end product. It is therefore always fully focused on realising client wishes, while maintaining the highest levels of quality and safety on board.

UNLIMITED CHOICE

Luxury yacht builders, Pride Mega Yachts knows how keen owners are to feel proud every time they step onto their yacht to enjoy maritime life with friends and family. In order to realise this aspiration as rapidly as possible, Pride Mega Yachts builds its yachts on the basis of a fully tested and engineered standard platform, with several superyachts in various stages of completion at all times. Owners can decide at which stage they want to step in, depending on their wishes regarding time, budget and specifications.

UNLIMITED CUSTOMISATION

From superyachts being under construction based on pre-designed lay-out and outfit to fully customised yachts, Pride Mega Yachts can accommodate all a future owner may require at any stage in the yacht building process. There is no limit to available possibilities in terms of nautical architecture, interior design or technical equipment. All yachts are developed with world-class consultants and designers, paying meticulous attention to Pride Mega Yachts exacting standards. The result is a yacht that meets European standards, while maintaining competitive prices.

UNLIMITED INNOVATION

At Pride Mega Yachts, our team of specialist yacht builders use innovative designs and the finest materials to manufacture our range of custom built yachts. We recognise the importance of customisation when purchasing your own private mega yacht. Therefore, our goal at Pride Mega Yachts is to realise clients’ dreams, transforming complex ideas into a reality, whilst ensuring an outstanding client-driven customer service. Our accomplished team of experts ensures the highest quality experience throughout the entire process and gives you the opportunity to customise any aspect of the project at any stage.

UNLIMITED FLEXIBILITY

Combining the latest state-of-the-art technology and our team of world-class consultants, designers and engineers, Pride Mega Yachts provides an unparalleled fully comprehensive service that gives owners the flexibility to personalise every aspect of their yacht, from the technical specifications, to the interior design and special features. We are committed to providing you with a complete service, resulting in a personalised unique superyacht at the most competitive price.

UNLIMITED DEDICATION

We pride ourselves on our high-quality, client-orientated services. As part of our custom yacht sales strategy, we give owners illimitable customisation options. From the outset, choose the preferred layout, the technical specifications and then personalise the interior design and furnishing. Owners collaborate with our experienced consultants to create the perfect yacht suited to their requirements and expectations. Buyers can also optimise the special features aboard their custom built yachts and influence the project according their budget and time.

88.5M illusion Plus

45 Chinese Sailing Boat Yards producing for China and Worldwide!

Published by sail on march 18, 2023 march 18, 2023.

China is a main sailboat manufacturing hub, including worldwide notorious brands.

Here is a list of 45 of the main Chinese sailing yards:

• Amel Yachts – Based in France with a manufacturing facility in China, Amel Yachts produces high-end bluewater cruising sailboats
• Bavaria Yachts China – Founded in 1978, Bavaria Yachts is a German sailboat manufacturer that produces a range of high-quality cruising and racing yachts. The company had a strong presence in China and produces boats that are tailored to the needs of the Chinese market.
• Bayliner China – A subsidiary of the US-based Bayliner company, Bayliner China produces a range of affordable sailboats that are designed for family cruising.
• Beneteau China – Beneteau is a French sailboat manufacturer with a history dating back over 130 years. The company’s China division produces a range of sailboats, including cruising yachts, racing boats, and catamarans.
• Broadblue Catamarans – Based in Xiamen, this company produces high-performance sailing catamarans for the international market. China Sailing – Established in 1988, this company produces a range of sailing yachts, catamarans, and powerboats.
• Dalian Detai Yachts – Specializing in the production of high-performance racing yachts, Dalian Detai Yachts produces a range of cutting-edge designs that are popular with professional sailors.
• Delphia Yachts China – A Polish-based company with a manufacturing facility in China, Delphia Yachts produces a range of sailing yachts and motorboats.
• Dickey Boats – Based in New Zealand, Dickey Boats produces a range of high-performance sailing yachts that are designed for racing and cruising.
• Dufour Yachts China – Established in 1964, Dufour Yachts is a French sailboat manufacturer with a strong presence in China. The company produces high-quality, performance-oriented sailboats ranging from 30 to 63 feet.
• Far East Boats – Based in China, this company produces a range of dinghies, keelboats, and multihulls for racing and cruising.
• Fountaine Pajot China – Fountaine Pajot is a French catamaran manufacturer that produces a range of high-quality cruising catamarans. The company’s China division produces boats that are tailored to the needs of the Chinese market.
• Grand Soleil China – A subsidiary of the Italian-based Grand Soleil company, Grand Soleil China produces a range of high-quality sailing yachts that are designed for both racing and cruising.
• Hanse Yachts China – Hanse Yachts is a German sailboat manufacturer that produces a range of high-performance yachts for cruising and racing. The company has a strong presence in China and produces boats that are tailored to the needs of the Chinese market.
• Hansheng Yachts – A leading sailboat manufacturer in China, Hansheng Yachts produces a range of high-quality sailing yachts and catamarans.
• Hi Star Yachts – Based in Taiwan, Hi Star Yachts produces a range of high-quality sailing yachts that are designed for both racing and cruising.
• Hunter Yachts China – Hunter Yachts is an American sailboat manufacturer that produces a range of cruising and racing yachts. The company has a strong presence in China and produces boats that are tailored to the needs of the Chinese market.
• Hylas Yachts – Based in Taiwan with a manufacturing facility in China, Hylas Yachts produces high-end bluewater cruising sailboats.
• J/Boats China – A subsidiary of the US-based J/Boats, this company produces a range of performance sailing yachts.
• Jeanneau China – Jeanneau is a French sailboat manufacturer that has been building boats for over 60 years. The company’s China division produces a range of sailboats, including cruising yachts, racing boats, and catamarans.
• Jiangsu Sirocco Marine Co. – A leading manufacturer of inflatable boats, Jiangsu Sirocco Marine Co. also produces a range of small sailboats that are designed for recreational sailing.
• Jinlong Yacht – A leading manufacturer of powerboats, Jinlong Yacht also produces a range of high-quality sailing yachts that are designed for both racing and cruising.
• Lagoon Catamarans China – Lagoon is a French catamaran manufacturer that produces a range of high-quality cruising catamarans. The company’s China division produces boats that are tailored to the needs of the Chinese market.
• Maxima Yachts – Based in Qingdao, Maxima Yachts produces a range of affordable sailboats that are designed for recreational sailing.
• Ming Hui Yacht – Founded in 2008, this company produces a range of motor yachts, sailing yachts, and catamarans.
• Mingxing Yachts – Specializing in the production of traditional Chinese sailing junks, Mingxing Yachts produces a range of beautifully crafted wooden boats.
• Nautor’s Swan China – Nautor’s Swan is a Finnish sailboat manufacturer that produces high-performance racing and cruising yachts. The company has a strong presence in China and produces boats that are tailored to the needs of the Chinese market.
• Ocean Explorer Yachts – Based in Hong Kong, Ocean Explorer Yachts produces a range of high-quality sailing yachts that are designed for cruising in comfort.
• Oceanis Yachts China – Oceanis Yachts is a French sailboat manufacturer that produces a range of cruising yachts. The company’s China division produces boats that are tailored to the needs of the Chinese market.
• Oyster Yachts China – A subsidiary of the UK-based Oyster Yachts company, Oyster Yachts China produces a range of high-end sailing yachts that are designed for luxury cruising.
• Qingdao Wingo Star Yachts – Established in 2007, this company produces a range of luxury yachts, including motor yachts, sailing yachts, and catamarans.
• Rongcheng Tongmao Yacht Co. – Based in the coastal city of Rongcheng, Rongcheng Tongmao Yacht Co. produces a range of sailing yachts for both pleasure and racing.
• Rongsheng Yacht – Founded in 1996, Rongsheng Yacht is a leading sailboat manufacturer in China. The company produces a range of high-performance sailing yachts, catamarans, and powerboats.
• Royal Yacht Club – Founded in 1996, this company produces a range of luxury sailing yachts and motor yachts.
• Seafarer Yachts – Based in Taiwan with a manufacturing facility in China, Seafarer Yachts produces a range of bluewater cruising sailboats.
• Seaway Yachts – Based in Shenzhen, Seaway Yachts produces a range of high-quality sailing yachts that are designed for both performance and comfort.
• Seawind Catamarans – This Australian company has a manufacturing facility in Qingdao, China, where it produces a range of performance cruising catamarans.
• Shanghai Double Happiness Yachts – Founded in 1989, this company specializes in the production of racing sailboats and cruising yachts.
• Shanghai Far East Yachts – Founded in 2002, Shanghai Far East Yachts produces a range of affordable sailboats for recreational sailors.
• Sunbird Yacht Co. Ltd. – Founded in 1995, this company produces luxury motor yachts, sailing yachts, and catamarans. Based in Shanghai, Sunbird Yacht Co. produces a range of luxury sailing yachts that are designed for high-end clientele.
• Tsai Yachts – Specializing in the production of luxury sailing yachts, Tsai Yachts produces a range of beautifully crafted boats that are designed for high-end clientele.
• Vagabond Yachts – This company produces a range of bluewater cruising sailboats, with a focus on high-quality craftsmanship.
• Viko Yachts – A relatively new player in the Chinese sailboat market, Viko Yachts produces a range of affordable sailboats that are designed for family cruising.
• Xiamen Hansheng Yacht Building – This company produces a range of motor yachts, sailing yachts, and catamarans, with a focus on high-quality craftsmanship.
• Xiamen Hualong Marine – Specializing in the production of high-performance racing yachts, Xiamen Hualong Marine produces a range of cutting-edge designs that are popular with professional sailors.
• X-Yachts China – X-Yachts is a Danish sailboat manufacturer that produces high-performance racing and cruising yachts.
• Yachting France – This company produces a range of performance cruising sailboats for the Chinese market.

For a complete picture, please use our free searchable database here!

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A new dawn: Inside China's rising superyacht market

China emerged as the great new hope for superyachting after the 2008 crash. One spectacular false dawn later, could it finally be taking off?

If 1421 was the zenith of China’s long yachting history, when legendary eunuch admiral Zheng He purportedly led his “treasure fleet” of hundreds of junks around the world (in the process, according to one historical account, discovering America 70 years before Columbus), 2013 could be considered the nadir. For that was when President Xi Jinping – only months into office – began a crackdown on “tigers and flies”, a euphemism for those government officials and businessmen (the genres blur in China) whose greed and corruption had begun to stir public anger.

Part of his anti-corruption crusade was an eye-watering 44 per cent import tax on luxury goods and a clampdown on lavish hospitalities and personal spending. Ostentatious symbols of wealth – fast cars, lavish banquets, his-and-hers diamond-studded Rolexes, Learjet jaunts, $20,000 gift-wrapped bottles of Rémy Martin and 50-year-old Moutai rice wine, and, of course, superyachts – became highly conspicuous and drew the wrath of the Communist Party’s Central Commission for Discipline Inspection.

“We must uphold the fighting of tigers and flies at the same time, resolutely investigating law-breaking cases of leading officials and also earnestly resolving the unhealthy tendencies and corruption problems which happen all around people,” Xi said at the time. Dozens have been investigated, arrested and jailed, including top ministers – so many the Qincheng maximum security prison in Beijing for disgraced senior Communist Party officials ran out of cells last year, according to credible reports. Orders for status-symbol trappings dropped off a cliff; Western luxury retailers and manufacturers saw exports nosedive.

The yacht market was especially devastated. It’s far harder to hide a superyacht than a diamond ring or a Porsche, after all. Prior to the crackdown, China’s boating sector had been inching its way towards some kind of momentum after its once illustrious sailing heritage, having been all but erased along with much of the country’s four millennia of history during Chairman Mao Zedong’s Cultural Revolution, was resurrected for the 2008 Beijing Olympics.

Then the financial crisis struck the West, and China, with its seemingly armour-plated economy and near-double-digit growth, emerged as the great Eastern hope for leading yacht brands. Into the Chinese market sailed an international fleet of brokers and builders. The 14,500-kilometre coastline, stretching from the Bohai Gulf in the chilly north to the Gulf of Tonkin in the tropical south, was eyed as a prime playground for China’s new billionaire class, which grew to 338 individuals in 2017, according to data company Wealth-X. Estimates put the number of millionaires in the country at more than 1.5 million. China was about to go boating again.

Exhibitions were hastily organised, rendezvous booked and property developers broke ground on scores of prestige marinas, charging top-dollar membership and mooring fees, many starting at ¥1 million (£110,000) a year. Local boatyards followed, laying keels of copied foreign and home-grown designs, some in joint ventures with overseas shipyards, many without.

The image-conscious Chinese super-rich responded in kind and started buying foreign-branded trophy boats at up to three times the market price, and moored them in the expensive marinas. Cost was not an issue. What mattered was so-called “face” or mianzi: the projection, and protection, of one’s reputation and social standing. In the West we call it ego.

A 2012 report by the China Cruise & Yacht Industry Association found that there were 3,000 yachts of all sizes in China, and estimated that this figure would rise to 100,000 by 2020, in a market worth €10 billion. The international boating industry was washed along by this giddy, irrational wave of hyperbole. Across the board, orders for smaller superyachts went from zero – zoom! – skywards.

Local yards benefited. After years of being ignored by the domestic market, in 2010 Chinese yard Heysea received eight orders for its 82 model before it had even finished the mould. A year after the financial crash in the West, meanwhile, China recorded sales of ¥4.15 billion (£450 million), according to local media reports. “After 2008, the yacht market took off because the West’s financial crisis had negligible impact in China,” says Sunseeker Asia’s Gordon Hui from his office in Hong Kong. Jona Kan, from Australian yard SilverYachts , adds that demand suddenly grew for superyacht dayboats on which Chinese businesspeople could entertain clients.

But Icarus had flown too close to the sun. Within a couple of years, the world’s financial woes started to penetrate China’s economic model. Jobs were slashed and inflation was on the rise. Yet for the wealthy Communist Party cadres and their tycoon chums, it was business as usual. The restive masses looked expectantly – and threateningly – to Beijing to bring such conspicuous consumption to heel. President Xi responded with a dragnet that claimed scores of high-profile scalps, sending the message loud and clear: in-your-face luxury would no longer be tolerated.

Brokers’ phones stopped ringing, builders’ order books took a hit and showrooms became wastelands. All of those contacted by Boat International for this article echoed almost verbatim the sentiment expressed by Sunseeker’s Hui: “After more than three years of the anti-graft policy, the Chinese boating market has come to a halt, with a 95 per cent drop-off in sales. It has been all but dead since 2015.”

Sunseeker , bought in 2013 by China’s fourth-richest man, Wang Jianlin, has closed two of its three dealerships in mainland China. At one point, China accounted for 15 per cent of Sunseeker’s global sales. “Now it’s less than five per cent,” says Hui. Several Chinese yacht builders have gone bankrupt as hefty value added tax and duties on imported parts such as engines rendered operations unviable. Marinas have battened down the hatches, slashing their prices by half to avoid the fate of Xiangshan Yacht Club in Fujian province; billed as Asia’s largest marina when it opened, it went bust in 2014.

Yet to solely blame the anti-corruption drive and the global financial crash for China’s slumbering boating market is misguided. Prior to Xi’s clean-up, there had been attempts to build a culture of private boating after the former leader Deng Xiaoping launched economic reforms in 1981. But those attempts failed, says Hong Kong-based yacht broker Mike Simpson, of Simpson Marine, one of the region’s biggest boat dealers. Simpson agreed the import tax on foreign boats has had a near fatal impact, but he says there were already major hurdles to developing the fledgling market. “We have to remember China is relatively new to boating,” says Simpson, who set up his company in Hong Kong in 1983. “It’s been developing in fits and starts. An obvious curb on its development has been the import ban on second-hand boats, which was there before the luxury goods tax.”

He adds: “The last two to three years have been pretty desperate. I don’t think anyone has made money. Everyone’s been spending money just to stay in business in China over the past few years.”

The lack of a boating culture is also commonly cited as one reason that’s holding back the Chinese market. In the West, yachting is all about relaxing fun in the sun, a weekend jaunt from one marina to a secluded cove or island, or for sailing boat owners, the thrill of stealing an opponent’s wind during a regatta. In China, owning a yacht has been all about the optics, or “face”, and viewed by the public as the exclusive preserve of the ultra-rich. But even among this demographic, interest is limited. According to Wealth-X, just two per cent of all Chinese UHNW individuals own or even have an interest in yachting, compared to 6.7 per cent globally.

“The perception among the Chinese is that boating is for the very wealthy,” says Rocky Wang, chief representative of Burgess in China. “Many Chinese have yet to grasp what boating is all about. Boating culture remains in its very early stages. Yachting is very new to them. Those Chinese who think about buying yachts continue to do so with mainly a business objective in mind. Buyers are business owners, investors and entrepreneurs, who use the yachts as dayboats to entertain, rarely overnighting on board.”

Of the 200 yachts in the southern boom city of Shenzhen, where Deng Xiaoping launched China’s opening up and reforms half a century ago, about 70 per cent never leave the yacht club. Instead, they serve as venues to host wealthy clients and government officials; one pontoon legend has it that some boats were bought without engines because their owners never entertained the idea of going to sea.

In China, building a $30 million marina with a plush clubhouse and spa is the easy part. Not so easy is attracting the essential supplemental services: repair yards and chandlers, navigation aids, charts, a coastguard service willing to assist the stranded sailor, sail training schools and so on. A lack of trained Chinese crew is also a major problem. In China there are an estimated 60,000 sailors, mostly of school age, attending small sailing centres and learning in dinghies. Crews experienced enough to handle a 60-metre-plus seagoing vessel are a rarity. “Chinese yacht owners must, therefore, import foreign crews with the expertise to maintain and sail boats, and this comes with visa application headaches,” says Simpson.

Then there is the maddening red tape. China guards its coastal waters like a hawk; try to sail a nautical mile off Qingdao beach or a cable or two up the coast from Sanya and you’ll have patrol boats stuffed to the gunnels with uniformed boarding parties bearing down on you demanding papers; a day’s sail is treated like an invasion or a desperate escape with state secrets.

“It’s true,” concedes William Ward, CEO of the biannual round-the-world Clipper Race, which during its last edition stopped twice in China, in Sanya in the south and Qingdao in the north. “The government protects the inshore waters as it would an inland military installation. It’s overbearing, there’s too much red tape, and you just don’t need that. You need to be able just to hop on your boat, slip your lines and head out for some safe fun and relaxation, just as we can in the UK, or in the Med and everywhere else,” he says.

Then there’s China’s geography. Part of the appeal of cruising is exploring idyllic archipelagos or mooring off a chic seaside town. Only in the south, around the island of Hainan, can you find good cruising with accommodating marinas. Even then, as Ward recently experienced, just heading out for a day’s jaunt demands official clearance to slip your lines, which may or may not be granted.

Little wonder those Chinese who own a superyacht, or are still in the market for one, seek to moor their pride and joy outside China, in places like Thailand, Malaysia, Singapore and Australia, while the ultra-wealthy look to the US and the Med.

Not for the first time, there might be signs of a new dawn appearing for China’s boating market. In April, the Pride Mega Yachts shipyard in Yantai, China, rolled out the spec-built 88.5 metre superyacht Illusion Plus , which later appeared at the Monaco Yacht Show. She’s now listed for sale , asking $145 million. If she sells well, it will be a sign of faith in Chinese yacht building.

Chinese conglomerates are once more seeking to own international superyacht brands. China Zhongwang, the world’s second-largest producer of industrial aluminium extrusion products, recently acquired a controlling interest in Australia’s SilverYachts, which builds high-speed, fuel-efficient superyachts from high-grade aluminium. The yard’s commercial director, Jona Kan, says the boatbuilder will soon announce the acquisition of a shipyard in the Pearl River Delta.

Sunbird, a Chinese conglomerate with five shipyards including a large commercial facility, added IAG Yachts to its varied portfolio in 2015, and turned out to solid reviews the 42.7 metre  King Baby , the largest fibreglass motor yacht ever produced in China.

Heysea Yachts, founded in 2007 and one of China’s largest yacht builders, was a new entry in the Boat International Global Order Book’s Top 20 builders in 2018 and holds its place in this year’s report. Chairman Allen Leng says the company is seeing more interest from domestic buyers because it is adapting to local tastes, by placing the galley down below and including more living and entertainment space, with fewer cabins. “There is an increased number of Chinese clients who better understand the culture of boating and the lifestyle it offers; that boat ownership is more than having a floating platform for business and to boost one’s image,” says Leng. “More Chinese customers are accepting that China-made yachts offer quality and the same after-sales service as foreign brands. We’re also noticing a demand for smaller yachts, which shows the link between sailing and sport and leisure, and that boating is not just a rich person’s pursuit.”

Horizon Yachts says its product range, including new projects such as the FD series, are proving popular with Chinese clients, who are becoming more sophisticated in their tastes. “For example, a buyer in Shanghai or in Sanya will moor their yacht in a yacht club and let the club manage it. In the past five years, we have delivered a 120ft [36.5 metre] superyacht and 145ft [44.2 metre] superyacht, both to clients in Shanghai,” says Horizon Yachts’ chief marketing officer, Lily Li.

Simpson Marine’s Mike Simpson estimates that around 50 per cent of yachts being bought in China are now locally built. “The standard is improving,” he says. “Sometimes you have to do a double-take when you see yachts coming: you think it’s a well-known foreign brand. Then you look again and it’s actually a locally made boat.”

Sunseeker’s Hui also expresses modest optimism. “I think the market overall is getting better, albeit slowly,” he concedes. “I can say 70 per cent of our 2015 to 2018 customers are mainland Chinese with overseas-listed companies. But their boats are all outside China.”

Grassroots sailing and crew training recently received a much-needed boost. In April, the UK’s then deputy ambassador to China, Martyn Roper, and the president of the Chinese Yachting Association, Qu Chun, signed deals to open three training centres to bring Chinese seamanship up to British standards. The centres will offer the UK’s Royal Yachting Association courses. In the UK, seven per cent of the population goes boating. If the same percentage could be replicated in China, that would mean 80 million people taking confidently to the water.

Simpson says a new initiative called the Greater Bay Area development scheme is seeking to unify nine mainland coastal cities to allow yachts licensed in Hong Kong and Macau to cruise in the good southern cruising areas around Hainan without paying a hefty tax. And there is quiet and determined diplomacy afoot calling for Beijing to relax and standardise coastal regulations. Ward, the Clipper Race CEO, says he has been speaking to officials at city and provincial levels who understand the benefits of rationalising China’s sailing industry and its associated tourist trade. “I have spoken with many officials and they get this point. They understand the [stifling red tape] situation, and they’re passing these concerns up to Beijing, that leisure sailing is a different culture and is good for local and regional business,” he says.

There are signs of a cultural shift, too. At the 2018  Shanghai Boat Show , many of the exhibitors were proposing something different – more accessible yachting, with small fishing boats and cruisers standing cheek by jowl with the bigger craft, says Delphine Lignières, co-founder of the Hainan Rendez-Vous. “Contrary to myth, many Chinese enjoy watersports, including sailing and fishing. What I have seen now is more and more people boating on inland freshwater lakes in smaller-sized boats.

“That’s where I see the market developing this time, with smaller recreational boats being bought for use on lakes, rivers and estuaries. This will help establish a boating culture, and over time, the boats will again get bigger and bigger. And not in such a conspicuous way.”

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Asia’s Leading Yacht Builders 2020 (Part 1 of 2): Hong Kong, China, Taiwan

For its Issue 52 cover story, Yacht Style flags up a selection of leading Asian builders, starting with yards in mainland China and Taiwan.

Asia’s builders continue to be a significant force in the 24m-plus superyacht sector according to the 2020 Global Order Book, where four appear in the top 20 (a list slightly affected by the exclusion of two of last year’s top-four builders).

Ocean Alexander (90R pictured) is seventh in the 2020 Global Order Book

Taiwan’s Ocean Alexander and Horizon appear in the top 10, while UAE’s Gulf Craft is at 16, showing the continued popularity of these well-established shipyards founded in the 1970s and 1980s.

Meanwhile, China’s Heysea continues its remarkable rise to 12th in the list – having been in the top 30 since 2014 – as it prepares to operate a second production facility in southerly Guangdong province.

There are also exciting developments in the powercat sector as Aquila builds increasingly large models in Hangzhou, while Australia-founded brand ILIAD Catamarans has quickly established itself in the market, building designs from 50-90ft in Zhanjiang in southwestern Guangdong.

Hong Kong-headquartered CL Yachts is preparing to launch its flagship CLB88

CL Yachts is a new brand in the luxury motor yacht sector, although it heralds from Asia’s most iconic and historic yacht builder, Cheoy Lee. Founded in Shanghai in the late 19th century, it has its head office in Hong Kong and a 120,000sqm production facility in nearby Doumen, west of Zhuhai.

Launched in 2018, CL Yachts has so far built its reputation on the CLB72, completing the fifth hull last December, and the CLA76. The yard is now preparing to launch hull number one of its flagship CLB88 designed by Milan-based Jozeph Forakis Design, the yacht winning the transportation category at last year’s US-based Good Design Awards.

Martin Lo, Director of CL Yachts, said: “When we began this journey, we had a strong vision for CL Yachts, to advance the luxury performance experience into uncharted territories, and to design with modern explorers in mind. Jozeph Forakis and his design team understood that vision, and were vital in bringing it to life.”

A Cheoy Lee brand, CL Yachts has made an impact with its design and branding

The brand is now a fixture at major shows in the US, displaying the CLB72 and CLA76 at Miami in February. It will show the same two models at Palm Beach (Mar 26-29) and also exhibit at Newport (Sep 17-20) and Fort Lauderdale (Oct 28-Nov 1), where it will stage the world premiere of the CLB88.

CL Yachts also has strong plans for Asia and was set to debut at the Hong Kong International Boat Show at Club Marina Cove in late April, now cancelled, while it’s also looking at representation in Australia and New Zealand.

CHINA’S CATAMARAN KINGS

It’s also an exciting period for Aquila, which has about 350 staff and is embarking on a large product and factory expansion in 2020.

In Hangzhou, Aquila is preparing to launch its new 54 power catamaran

Founded by Sino Eagle in 2012 with the cooperation of MarineMax, the largest distributor in the US, Aquila has grown its profile in Asia in recent years with the appointment of multiple dealers in the region including Simpson Marine (Hong Kong, Taiwan, Thailand, Malaysia, Singapore and Indonesia) and Saigon Yacht & Marina (Vietnam, Cambodia and Myanmar).

Aquila’s latest new model is the innovative 32 with wraparound swim platform, which premiered at last year’s Miami International Boat Show and expanded a range of powercats that also includes the 36, 44 and 48.

This year, the brand is set to enter the large powercat sector as it launches both the 54 and its flagship 70, with their world premieres likely to be at the Fort Lauderdale show. Other new models include a 28 and a new range of ribs starting with 14ft Sport and Tiller options.

A rendering of the interior of Aquila’s new flagship 70

The company is also expanding its purpose-built facility in the Fuyang district of Hangzhou, capital of Zhejiang province.

The site opened in 2012 with a 22,000sqm shed before a further 23,000sqm was added for R&D in 2016. Last year marked the opening of a 39,000sqm shed dedicated to smaller models, and a new office building. All Aquila hulls are infused in a humidity and temperature-controlled room, while new equipment includes a five-axis CNC milling machine for tooling.

ILIAD is a new force in the powercat market and was founded by Australian CEO Mark Elkington, owner and Managing Director of dealership Multihull Solutions, so the new brand benefits from existing sales offices across Australia and in New Zealand, Singapore and Thailand.

ILIAD Catamarans builds in Zhanjiang and launched its 70 last year

Three units of the ILIAD 50 – which has a 2,500nm range – have already been delivered, two to Southeast Asia and one for Australia. The 70, which has a range of nearly 5,000nm, made her debut at the Sydney show last August, while the second hull has been sold to Asia.

The next model in the range to appear will be the 60, which has already secured multiple sales, and buyers have also come forward for the flagship 90, which will have helicopter-landing facilities.

ILIAD’s catamarans are built at the Yuanhe Xinlong shipyard in Zhanjiang and the company is gearing up for increased production by building a new shed measuring 300m by 45m (13,500sqm), which will enable eight large catamarans to be constructed at the same time.

Heysea, also in Guangdong, is currently China’s most prolific superyacht builder and recently launched its first Atlantic 115, Dopamine , which has a top speed of 24 knots. The yacht, developed with Heysea’s US dealer Atlantic Yacht & Ship, will be followed by deliveries of the yard’s first 126ft model in March and a 139-footer, also sold.

Heysea, China’s most prolific superyacht builder, is completing a 139-footer

Other ongoing builds include 139ft (hull two), Atlantic 115 (hull two), 108ft (two hulls), 82ft (two hulls), 48ft (two hulls), a 42m powercat (hull one), 112-footer, Zoom 58 and a newly designed 56ft sailing cat that’s scheduled to launch this year.

The company employs about 200 staff plus subcontractors at its site in Jiangmen and is building a second facility in Zhuhai that’s scheduled to open for production towards the end of 2020.

Later this year, Heysea plans to again attend the Sydney International Boat Show (Jul 30-Aug 3) in Australia – where it’s represented by Morgan J Ross Marketing – and the Fort Lauderdale show for exposure to the US market.

Heysea is building a second production site in Zhuhai

It also expects to return to the Cannes Yachting Festival, where co-founder and Chairman Allen Leng led its show debut last year, albeit only with a booth. Heysea is also in the process of appointing new dealers for Europe and Asia.

TAIWAN’S LEADING LIGHTS

Ocean Alexander and Horizon have long been Asia’s most prolific superyacht builders and are among many shipyards based in Kaohsiung in southwest Taiwan. Ocean Alexander is seventh on this year’s Global Order Book, with 31 projects at an average length of 31.7m.

It has traditionally been focused on the US, where it also owns marinas, operates service yards and a large dealership, Alexander Marine, that also represents other brands including Tiara and Galeon.

Ocean Alexander made its debut at the Cannes Yachting Festival with the 90R

Last September, however, the company made its debut at the Cannes Yachting Festival and staged the European premieres of the 90R, which debuted at Fort Lauderdale in late 2018, and the 45 Divergence, which had its world premiere in Miami in February 2019 and is the company’s smallest model by some distance.

CEO Johnny Chueh, whose father Alex founded Ocean Alexander in 1977, said he was increasingly looking to diversify the company’s markets.

“About 90 per cent of our production goes to the US, where we have a very high market share, about 40 per cent for the bigger models, so it’s almost impossible for us to grow,” said Chueh, who succeeded his father as CEO in 2000.

Ocean Alexander hopes its Revolution series will help it break into non-US markets

“As we started thinking about Europe and other regions, we thought we could develop best in international markets with our new Revolution series and the 45, as our other lines are more obviously designed for the American market.”

The 45D – available in Sport and Coupe models – is built at the shipyard’s smaller Merritt Island facility in Florida, where it also manufactures the 70e, its second-smallest model.

Ocean Alexander’s newest model is the 84R, the second model in the Revolution series, which debuted at Fort Lauderdale last November, a year after the 90R.

Horizon (FD102 pictured) is ninth in the 2020 Global Order Book

Horizon has traditionally had a much wider distribution spread around the world due in large to the leadership of CEO John Lu, who co-founded the company in 1987 and has long-term relationships with dealers in the US, Australia, Europe and Japan.

It recently appointed Phuket-headquartered Derani Yachts as its dealer for Thailand, Malaysia and Singapore.

Listed ninth on this year’s Global Order Book with 24 projects at an average length of 29.6m, the builder has about 800 staff working across its four sites in Kaohsiung. It continues to focus on its FD (Fast Displacement) series designed by Cor D. Rover, last year debuting the FD77 at the Palm Beach show and the FD77 Skyline at Sanctuary Cove.

In January, it added to its FD portfolio by unveiling the FD75 and FD102 at its marina in Kaohsiung, and the models are expected to make their international show premieres at Palma and Cannes respectively. In addition, the first FD92 will be launched in the summer, while an FD125 is in development.

Horizon (FD75 pictured) is represented in Thailand, Malaysia and Singapore by Derani

“The FD series has seen record sales in the last four years, with 20 yachts sold and delivered to clients from the US, Australia, Europe and Asia,” Lu said.

To reach its core markets this year, Horizon is again attending shows in the US (Palm Beach, Newport, Fort Lauderdale), Europe (Palma, Cannes, Monaco, Barcelona) and Australia (Sanctuary Cove).

Furthermore, Horizon is developing 6D infusion technology that can be used on FRP hulls over 140ft. By using a one-shot process for the hull, complete with stringers and girders, Horizon states that its hulls are now eight per cent lighter compared to only infusing the hull shell and 40 per cent stronger than the hand-laid process.

Like Horizon, Johnson Yachts was founded in Kaohsiung in 1987 and today has about 250 staff in its 12,600sqm facility, which has two test tanks and can build up to six semi-custom vessels up to 130ft.

Johnson is scheduled to launch its 70 in Kaohsiung in the second half of the year

Johnson, which has a long relationship with UK-based Dixon Yacht Design, debuted its 80 last year and is scheduled to the launch the 70 in the second half of 2020, both new models joining an updated range that also features the 93, 110 and 115. Construction began on the latter last year.

Open to customisation, the Johnson 70 has an 18ft 3in beam and an interior by Design Unlimited, with the option of three or four staterooms, and the choice of an open flybridge or an enclosed skylounge.

Peter Chang, General Manager of Johnson Yachts, said: “With the design of the Johnson 70, we have a yacht developed to be versatile. We want to create a new line of yachts that sets the trend rather than follows it.”

The builder exhibits each year at Fort Lauderdale and has strong representation around the world, with individual dealers for the US west coast, US east coast, Europe (three), Japan, Southeast Asia, Australia and New Zealand.

• The original article appears in Yacht Style Issue 52 (click image below)
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Asia’s Yacht Builders: Thriving Home and Away

• March 25, 2021

Shipyards in Asia are expanding their range of yachts at both ends of the size scale, diversifying into power and sailing catamarans, and including this region among their target markets, as profiled in Yacht Style’s annual feature on Asia’s builders.

CL Yachts’ current flagship, the CLB88, pictured in Hong Kong

CL  Yachts is showing its flagship CLB88 and hull six of its popular CLB72 at this year’s Palm Beach International Boat Show in Florida (March 25-28) as the brand from the historic Cheoy Lee yard headquartered in Hong Kong continues its remarkable journey.

However, CL Yachts is also using the year’s first major international boat show to reveal more details of its upcoming CLB65, which will be its new entry-level yacht and is being produced in the shipyard’s main production facility west of Zhuhai.

Set to debut in the fourth quarter of 2021, the CLB65 features a RINA-certified resin-infused composite hull designed by Howard Apollonio of Apollonio Naval Architecture in collaboration with structural engineer Gurit, the two design offices who both worked together successfully on the CLB72.

The CLB65, which can be CE certified upon request, features strategic use of carbon-fibre, while the first unit will be configured with twin Volvo IPS1050 pods and feature an at-rest electric fin stabiliser.

CL Yachts’ entry-level CLB65 is set to launch in late 2021

CL Yachts has designed the exterior and layout in-house, with an aft galley among notable differences to other models in the CL Yachts range, while the “light and airy interior design scheme” is by Interiors by Carmen, which also worked on the CLB72. Notable features include opening saloon windows, while the lower deck features three staterooms and a convertible crew cabin.

As well as developing its smallest model, the builder has been constructing its biggest model, with the much-anticipated CLX96 on schedule to launch this summer before it travels to the US for its world premiere at the Fort Lauderdale International Boat Show from October 27-31.

The yacht is the first to feature both an exterior and interior by Milan-based Jozeph Forakis, while Americans Earl Alfaro and Albert Horsmon are responsible for naval architecture and structural engineering respectively.

Billed as an ‘SAV’ (Sea Activity Vessel), the CLX96 features a ‘workboat chic’ profile defined by trawler-style, reverse-angle windscreens on the main and upper decks. The reverse-angle design is even mirrored at the aft end of the main-deck superstructure, ensuring the yacht stands out from its competitors.

The CLX96 is set to premiere at October’s Fort Lauderdale International Boat Show

Other distinctive features include a vertical bow and a teardrop-shaped hull that’s wider in the forward part than the aft, while cleverly designed exterior spaces include the foredecks on both the main and upper decks, known as Piazza del Sole and Terrazza Portoghese respectively.

“The design is unique, fresh, modern and exciting, and challenges the perception of what people expect from a motor yacht,” Forakis said. Like the CLB88, the CLX96 is expected to move from the Zhuhai shipyard and make an appearance in Hong Kong before heading to the US. Also like the CLB88, the CLX96 has been crowned at the Good Design Awards organised by the Chicago Athenaeum Museum of Architecture and Design.

Martin Lo, Director of CL Yachts, said: “At CL Yachts, we are thrilled to be back-to-back Good Design Award winners. Not only is it a prestigious honour but two consecutive wins validates everything we’ve been doing so far. We began this journey three years ago with a strong vision: to advance the luxury experience for modern explorers. Jozeph Forakis and his design team understood this vision and continue to exceed expectations every time.”

The CLB72 is CL Yachts’ most popular model; hull three is pictured in Hong Kong

Meanwhile, hull seven of the CLB72 is scheduled for sea trials from April before it heads to Hong Kong and then the US shortly afterwards. The CLB72 was the brand’s second model, after the CLA76, and has proved its most popular so far, with Apollonio developing the concept and exterior styling, as well as working with Gurit on the RINA-certified, resin-infused composite hull, which can reach 31 knots with twin Volvo IPS1350 1,000hp engines.

All CL Yachts models are built at Cheoy Lee’s 12-hectare shipyard on the Pearl River in Zhuhai, which includes 85,700sqm of covered production facilities that support construction in steel, fibreglass and aluminium.

KINGSHIP’S CAT POWER

Kingship Marine, also headquartered in Hong Kong with a shipyard in the Greater Bay Area, is developing a range of KingCAT power catamarans that span in size from the 55 and 85 models to the enormous KingCAT 138. The shipyard plans to first build the KingCAT 55, with an expected launch in 2022.

The KingCAT 85 is part of Kingship’s new powercat range

The company was founded in 2004 by Roger Liang and has its main production facility in Zhongshan, just north of Macau and a ferry ride from Hong Kong. Liang was involved in Italian shipyard Baglietto in the 1980s and Green Bay Marine in Singapore in the 1990s before creating Kingship.

Kingship works with several of the world’s leading brokerage companies including Northrop & Johnson, Camper & Nicholsons and Denison Yachting, and has a strong background in superyachts, having built a range of models from 89-137ft featuring naval architecture by renowned Dutch firm Vripack.

Its current projects include the Grand Voyager 144, which has an overall length of 43.9m, naval architecture by Horacio Bozzo and a range of 5,500nm at 15 knots.

Kingship built a towering 78ft powercat for a China client

In 2019, Kingship delivered a towering 78ft tri-deck powercat that has been used privately on a lake in China, although the shipyard’s primary business has been building commercial craft including large, high-speed catamaran ferries. These include powerful 42m models with a cruising speed of 33-35 knots that provide the underlying hull shape and platform for the KingCAT 138.

Kingship has a new range of smaller boats for the Asia-Pacific market including a 42ft landing craft-style yacht, a 39ft offshore expedition centre console with a top speed of 50 knots, and a 40ft displacement cabin-cruiser design that offers very economical performance. It also plans to offer yachts and boats with electrical-propulsion systems certified by CCS (China Classification Society).

Kingship is building a Grand Voyager 144 superyacht

In addition to new builds, the shipyard is a specialist in refit and repair, with extensive experience of working on boats ranging in size and style from a Swan 82 sailing yacht and a 25m wooden motor yacht to several superyachts up to 49m.

Kingship can build and work on yachts up to 500GT, as the Zhuhai site features seven 50m weather-controlled sheds and a Syncrolift that can take yachts up to 60m. The company is currently in the process of applying for a permit to install a fixed and floating dock, with the latter allowing for 60-80m boats to be built and repaired at the yard.

HEYSEA’S SUPER MODELS

Heysea remains mainland China’s most prolific superyacht builder and has been a fixture in the top 30 of the Global Order Book since 2014, ranking 17th in the 2021 edition. Founded in 2007 and based in a 66,700sqm facility in Jiangmen in Guangdong province, Heysea has had a remarkable year since the previous edition of this annual feature.

Heysea staff with the Asteria 126

In March 2020, the yard launched its first Asteria 126, fitted with twin 1,925hp Caterpillar engines. That same month, the company sent masks to its friends in the UK, Slovenia, Australia, Italy, France and the USA to help them during Covid-19.

In the second quarter of the year, HeySea launched hulls nine and 10 of its remarkable Asteria 108, a model fitted with either twin 1,800hp or 1,900hp Caterpillar engines for a top speed of 22-23 knots. The ninth hull was delivered to her owner at the Sevenstar Yacht Club in Shenzhen, while hull 10 headed to Hong Kong.

Heysea delivered a 43m powercat to an owner in China last year

In July, it handed over its biggest-ever yacht, the 43m Yu Feng Zhe 1 , a champagne gold-coloured, steel-hulled 701GT power catamaran with twin Volvo 725hp engines built for an owner in Shenzhen.

In mid-October, Heysea attended the four-day SMC International Yacht Show in Shenzhen, where it showcased hull nine of the Asteria 108. It also unveiled details and designs for the Seaview 56, an 18m sailing catamaran with an 8.8m beam featuring an exterior by Bill Dixon and an interior by Paolo Dose of VYD (Venetian Yacht Design).

An Asteria 108 at the SMC International Yacht Show in Shenzhen last October

Today, the builder offers models across five series: Asteria superyachts (96, 108, 112, 116, 118, 126, 142), Zoom motor yachts (58, 76), Seaview sailing cats (56), Heysea CAT powercats (70) and Full Custom, with projects including Yu Feng Zhe 1 under the project name Vista 43M.

The yard’s current projects include the first two hulls of the Asteria 142, while it’s also developing a design for a potential 56m project.

The first Seaview 56 sailing cat by Bill Dixon could launch this year

Heysea remains committed to having a presence at international boat shows and intends to return this year to the likes of Sydney, Fort Lauderdale and Cannes, where Chairman and co-founder Allen Leng was present in 2019 when the builder exhibited for the first time, with a booth. Leng, who majored in naval architecture and ocean engineering, has been Vice-Chair of the ISO’s Large Yachts division since 2018.

SKAYR’S SLEEK STYLE

Meanwhile, SKAYR Yachts is developing the aluminium-hulled SKR 40 Renanda, a design unveiled late last year. It’s named after Indonesian designer Raul Renanda, an architect, artist and sculptor whose recent work includes the sailboat-influenced Sjuman+Renanda concert grand piano designed with award-winning composer Aksan Sjuman.

SKR, and SKAYR, both represent the initials of the company’s principals – Managing Director Firman Santoso, naval architect Nino Krisnan and Renanda. Since initial designs were revealed for the 40ft sports cruiser (YACHTS, Issue 55) , the layouts have been refined for the cockpit and interior, which includes a stylish, air-conditioned double cabin, head and shower.

SKAYR is developing the aluminium-hulled SKR 40 Renanda

Furthermore, the propulsion system has been revised to feature twin 480hp Volvo Penta IPS650 engines, which are expected to produce a top speed of 40 knots. There will be the option of genset and battery, to offer silent operation at anchor and reduce the carbon footprint.

Once the designs are finalised, the first unit could start building in Europe in the second quarter of this year and launch in the third quarter of 2022, while SKAYR is considering also developing a model in the 50-60ft sector.

The SKR 40 Renanda will be targeted at clients in Asia, Europe and North America, with SKAYR potentially exhibiting with a booth and scale model at the Cannes Yachting Festival this September. www.clyachts.com www.kingship.com www.heyseayachts.com www.skayr.com

Note: For a PDF of the original article in Yacht Style Issue 58, download from the link below

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Everything electric boats and boating

Huge Chinese boat builder launches 42 foot all-electric catamaran

Far East Boats, one of the biggest sailboat builders in China, today announced the launch of their first all-electric catamaran, the FarEast 42C, powered by two 20kW ePropulsion motors. The boat was unveiled at this year’s China (Shanghai) International Boat Show.

Far East Boats builds every type of sailing boat in its Jiangsu production facility, from an Optimist to daysailors to 9m (31 ft) racing boats, including monohulls and trimarans. They have distributors in 30 countries spread across every continent and claim to have “provided more than 19,367 sailing boats for global sailing enthusiasts.”

Spacious salon with 360 degree views

The FAREAST 42C electric catamaran was designed by Simonis Voogd Design, an international Naval Architectural and Yacht Design studio with offices in the Netherlands and South Africa. Partners Alexander Simonis and Maarten Voogd have 26 years of experience and over 200 successfully completed projects ranging from the modest Hobie 13 to the 90ft Nicorette III, which won the famed Autralian Sydney to Hobart Yacht Race race in 2004.

ePropulsion adds inboards to its electric motor lineup

Like many catamarans, it features a spacious living area enhanced by extra-long built-in plexiglass portholes to allow passengers to enjoy natural light in the cabin and a 360° unobstructed view in the “living room” salon area. The deck layout can be selected from a sport version or a charter version.

In addition to being the first all-electric catamaran developed by Far East Boats, the FAREAST 42C is the first mass-produced catamaran powered by ePropulsion’s integrated propulsion system solution.

The sailing catamaran has been designed to travel under electric power alone, wind power alone, or a combination of the two.

All-electric catamaran range up to 100 nautical miles

The ePropulsion system comprises twin 20kW inboard motors powered by the company’s lithium iron phosphate (LiFePO4 or LFP) batteries in a configuration where four batteries can be connected for a total capacity of 188.41 kWh.

All batteries are equipped with a Battery Management System (BMS) that monitors the voltage and temperatures of individual batteries in real-time and has an automatic equalization function.

ePropulsion motors are hydrogenerating motors, meaning they can recharge the batteries through the motion of the propellers when the FAREAST 42C is sailing under wind power. The batteries can also be charged with electricity from solar panels on the cat’s roof, a 20kW onboard unit or a portable 3kW charger.

Under pure electric propulsion the boat can reach 8 knots and increase that to 10 knots when working in concert with sail propulsion. The maximum battery life can reach 20 hours, with a range of up to 100 nautical miles in all-electric mode.

All aspects of the batteries and motors are monitored and connect to a Smart Throttle and digital as well as ePropulsion’s cloud-based connectivity services. This allows boat owners and fleet managers to remotely check everything from boat to battery level, speed and charging status and to automatically generate sailing logs or authorize guests for boat sharing.

“All-electric propulsion is the way of the future,” said Demolar Du, CEO of Far East Boats. “ePropulsion has long been the leader in reliable and efficient electric solutions, so when the time came to put this product together, they were the obvious choice as a partner. We believe sailors and eco-conscious boaters will get the absolute most out of our new catamaran.”

“This catamaran serves not only as a wonderful vessel for sailing enthusiasts, but also as a significant milestone of our integrated system solution,” said Danny Tao, Co-founder and CEO of ePropulsion. “We have always prided ourselves on providing cutting-edge quiet, clean, environmentally conscious propulsion, and this project furthers all of these goals. We look forward to collaborating on more projects like this in the immediate future.”

Far East Boats    ePropulsion

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China’s Yacht Market: Opportunities and Challenges for Foreign Players (updated)

China appears well-positioned to become a prominent yacht market, given its 14,484km-long coastline and a class of millionaires expected to cross the 20 million mark by the mid-2020s. Despite this, however, sales have been disappointing i n the last 3-5 years due to high import tax and the inability of manufacturers to respond to Chinese client demands. In this article, we provide a general overview of China’s yacht market and discuss the differences in business outlook according to key stakeholders, ranging from optimism over market growth potential or concerns about limited domestic prospects . We also discuss the recent entry of Chinese capital in the industry and how Chinese companies are manufacturing for non-China markets. Finally, we look at opportunities for foreign investors in China’s boat market, including prospects for small and mid-cap companies, and showcase the success cases of Italian companies.

UPDATE: O n August 18, 2 0 22, the Ministry Industry and Information Technology (MIIT), together with the National Development and Reform Commission (NDRC), the Ministry of Finance (MOF), the Ministry of Transport (MOT) , and the Ministry of Culture and Tourism (MCT), jointly released on the Guidelines on Accelerating the Development of Cruise and Yacht Equipment and the Industry (Guidelines) , clarifying China’s roadmap for the development of the yacht industry through 2025. More details are provided below .  

While North America and Europe remain in the lead as the world’s largest yacht consumers, the Asia-Pacific region has rapidly become one of the fastest-growing yacht markets.   The yacht market in Asia has been skyrocketing post-pandemic, with increased purchases and a growing interest in sailing – sparking what industry experts define as a ‘boom’. On the one hand, countries like Taiwan and China have increased their market share with new builds by locally-based shipyards. However, boat sales to the region are also on the rise.

As of 2021, Asian ownership of superyachts over 40 meters in service accounted for 5.8 percent of the global superyacht fleet. The number of Asian-owned yachts has progressively increased, from 91 at the beginning of 2016 to 109 at the start of 2021.    Countries like Singapore have become active once again in the yacht sales ad brokerage market s after a slow period  during the pandemic that triggered international and regional border closures.   

In China, heightened living standards have led to the increasing demand for luxurious consumer goods, including in the boating industry. According to the China Transport Association’s Cruise Yacht Branch, the total number of yachts in China will increase from 38,100 to 163,510 between 2020 and 2025.   

China’s yacht market: an overview    

Few geographical regions offer the superyacht sector as much room for expansion as the Chinese market does. China has a vast and increasing pool of potential superyacht purchasers, although the country is still in the early stages of yachting growth in terms of domestic infrastructure and ownership. It could still be the right time for such a high-potential market to flourish due to factors like the increase in the country’s per capita purchasing power and that of its ultra-high-net-worth (UHNW) population.    

A 2021 wealth report revealed the 10 countries with the highest increase in their UHNW population in 2020 – the so-called ‘top 10 riders’ – with China leading the group at 16 percent growth. Furthermore, in 2021, China surpassed the United States to become the world’s first country with over 1,000 billionaires. The research highlighted that, despite the trade war and the pandemic, China was able to add 259 billionaires to its list, surpassing other nations like the US, India, and Germany.  

With a large number of prospective consumers, China’s relatively new market is even more attractive for foreign businesses. New yacht manufacturers, brand sales agents, yacht customers, private clubs, and exhibits have sprung up throughout the country in recent decades. Meanwhile, China’s boat manufacturing keeps rising steadily, from 29,100 units produced in 2011 to 48,300 units in 2015. China’s yacht industry is estimated to reach US$15.1 billion in 2027, accounting for 17.8 percent of the worldwide market and growing at a CAGR of 3.9 percent between 2020 and 2027.  

Less stringent regulations demonstrating the government’s commitment to the sector  

Many positive government efforts linked to the yachting industry and maritime activities, in general, have lately been enacted, and China is seeing a trend of loosening regulations. At the outset of this decade, two regulatory bodies – the Ministry of Transport and the Maritime Safety Administration (MSA) – announced new, more liberalized criteria and standards for yacht registration and overseas-yacht entry/exit procedures.   

More limitations on boat ownership have been abolished in recent years, and clear maritime traffic legislation has been adopted. The increase of the navigability range, the streamlining of the examination/approval processes, and the inclusion of non-resident yacht registrations are the three most recent major amendments to the rules. These key developments show the government’s commitment to the sector’s growth.  

Also, as wealthy Chinese yacht owners spend about 10 percent of the yacht’s value on maintenance, a large portion of this wealth is reinvested in the local economy. This not only is a great boost for regional GDP but is also in line with the government’s will of shifting its economy away from production to consumption. It has likely prompted Chinese officials to ease the cumbersome registration process for importing a yacht into the country, as well as the requirements for traveling between provinces. Yachts registered in Hong Kong and Macao, for example, were allowed to sail in China’s Pearl River Delta beginning 2018. The first cross-border sailing program has also increased boat orders in the Chinese Mainland by 20 percent to 30 percent.     

Accordingly, The State Council Office evaluated the Guidance on Tourism Industry Acceleration and drafted a National Tourism and Entertainment Outline (2013-2020) in which measures were taken to improve the infrastructure for yacht marinas and cruise terminals, as well as encourage the growth of tourism products.   

Yacht market more prosperous in certain regions than others: The case of Hainan Free Trade Zone   

The yacht business in Hainan Province flourished in 2021 – the Sanya Yachting Association revealed that Sanya, China’s tropical island and premier destination for luxury tourism, hosted almost 160,000 yacht trips, up 47 percent compared to 2020. Moreover, by the end of 2021, the number of new yachts registered reached 323, surging 202 percent year on year.  

This increase is partly due to the Overall Plan for the Construction of Hainan Free Trade Port (“the Masterplan”) that was released in June 2020, which stipulates that by 2025, there will be no tariffs on the island’s import of ships for transportation, tourism, and other purposes. Import tariffs, the value-added tax, and the consumption tax will all be waived for foreign exporters – which will effectively cut prices for foreign-made products.   

Success stories: Italian yacht businesses in China  

With 407 projects and super-yachts totalling 14,994 meters in development in 2021, Italy continues to top the annual report issued by the nautical newspaper ShowBoat International. Azimut-Benetti, Sanlorenzo, and Ferretti Group occupy the first, second, and third place, respectively. 

Despite having eight well-known brands, six shipyards, and over 170 years of history, Ferretti Group is today the only rival in its business to provide a comprehensive range of yachts ranging in size from 8 to 95 meters, and it is very active in China’s yacht market. After defaulting in 2009, the company was bought in 2012 by SHIG–Weichai Group, a large Chinese machinery manufacturer that currently controls 75 percent of the Italian shipbuilder.   

Following the acquisition, the company focused on growing into new markets. It made a great impression in the Asia-Pacific region in the first quarter of 2020, selling about US$73 million and negotiating two new dealership agreements for the distribution of its yachts in Malaysia, Cambodia, and Laos.   The Italian shipbuilder now has offices in Hong Kong and Shanghai, as well as a fully equipped after-sales facility, to meet the needs of its customers in the region. It also inked a Memorandum of Understanding with the Sanya Central Business District (SCBD) to collaborate with the government on the development of the local industry and China’s yacht market in general.

Other than larger and well-established companies, opportunities are there for everybody. According to Giovanni Lovisetti , Senior Associate on the International Business Advisory at Dezan Shira & Associates’ Milan Liaison office , “while huge companies can approach Asian markets by themselves – such as Fincantieri, who has already established a presence in Hainan – several smaller companies are just waiting for the right stimulus to take the first step towards Asia.” This might be the right time for them to step in.   

Roadblocks to the development of China’s yacht market   

High import taxes on foreign boats are one of the primary hurdles to the development of China’s yacht sector. The country has a 43.65 percent tax on boats – although recently reduced to 38.1 percent for motor yachts and 35.6 percent for sailing yachts above 8 meters. Furthermore, since the beginning of the government’s Anti-Corruption Campaign in 2012, potential customers have been reluctant to flaunt their wealth, preferring to keep a low profile and avoid public scrutiny.  

Another considerable barrier to Chinese high-income individuals buying private boats in the Mainland, is the lack of well-equipped marinas, ship repair yards, spare parts suppliers, and all other necessary (and expensive) infrastructure for yacht upkeep and mooring.  

Lastly, in 2015, China strengthened its regulations for yachts travelling in its national waters, restricting the number of passengers onboard to a maximum of 12 people – which made it impossible to arrange large parties and gatherings on board since the crew alone counts six members. Furthermore, China’s southern shoreline land is a particularly difficult marine zone due to ongoing territorial conflicts with neighboring states.  

As a result, several of the world’s most prestigious shipbuilders, like Sunseeker and Ferretti Group, have shuttered their showrooms in Mainland China or eliminated the country from their core target markets, despite their Chinese ownership. Regardless, those companies continue to sell boats to Chinese customers for delivery outside of the Mainland.  

Understanding the Chinese market and its cultural context  

Four purposes for boats are sailing, sports, leisure, and entertainment. For wealthy Chinese buyers, the latter would be the most common option. Given that the high-income Chinese population has little interest in sunbathing, the primary aim of these luxury boats in the contemporary setting would be to serve as a business frontier for hosting meetings, parties, and other business-related events. Yachting, however, has a bad cultural connotation as compared to other activities in a wealthy society.

According to market research, affluent Chinese people like golf, swimming, spas, and yoga as leisure activities, since they are well-known in Chinese culture for providing health benefits , and are thus appealing. Yachting, on the other hand, does not provide comparable physical benefits in the traditional Chinese context. Such cultural premises are fundamental when considering the gap between target customers and the industry culture.  

All things considered, it is not impossible for Chinese customers to shift their perspective since the country’s shopping habits and tastes are fast changing because of the ongoing rise of HNWIs. This means that tastes are subject to change and may be molded if an industry pursues them aggressively. In reality, a lack of brand familiarity and awareness provides first-mover brand opportunities.  

The future of China’s yacht industry    

All in all, between financial crackdowns and setting up zones such as Hainan FTZ, what is the right space for the yacht market to develop?   China’s financial crackdowns continued throughout 2021, with Beijing slamming for-profit education, tanking Ant Financial and Didi IPOs, or bringing the entertainment and gaming business under control, and harnessing local digital titans. As a result, in the era of “Common Prosperity,” it’s worth considering whether China’s yacht market can take off and grow.  

Yet, the central government’s desire to boost consumption and encourage tourism (including yacht tourism) creates unprecedented potential for the boat sector in the coming years, at least for small-to-mid-sized boats. The formation of the Hainan Free Trade Zone and the development of a new port have the potential to turn the island into a hub for China’s yacht culture. The number of registered boats in Sanya has increased from 10 to 500 in the previous decade alone, and yacht rental services have grown in popularity in China, enhancing yacht culture among both the Chinese middle and high-income classes.  

Further, according to the Guidelines on Accelerating the Development of Cruise and Yacht Equipment and the Industry (Guidelines) jointly released by the MIIT and other ministries on August 18, 2 0 22 , there are four development goals to achieve in the yacht industry by 2025: improving the design and construction capacity, refining the foundation of the equipment industry, expanding the demands in the consumer market, and strengthening cooperation and talent cultivation. Sanya is expected to be transformed into a home port for international cruises, outlining several international first-class cruise tourism destinations. Priority is attached to the development of water tourism resources in areas such as the Circum-Bohai Sea Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the coastal city cluster that links Guangdong, Fujian and Zhejiang, the Hainan Free Trade Port, the Yangtze River Economic Belt, the Pearl River-West River Economic Belt, and the Grand Canal Cultural Belt. Meanwhile, Hainan is encouraged to pilot a yacht leasing business. The Guidelines also called for building teams of professional talents along the whole industry chain, covering the design, construction, operation, and management of cruises, yachts , and tourist passenger ships, as well as related tourism services and legal consulting.  

Catering to specific needs

With China’s yachting culture still in its infancy, yacht makers should concentrate on meeting the expectations of Chinese clientele, from emphasizing the design of entertaining rooms to making it easier to hire superyachts on a short-term basis. The scarcity of skilled Chinese Mandarin-speaking specialists and Chinese designers, on the other hand, is stifling the growth of China’s boat sector. Foreign shipbuilding businesses should tailor their offerings to the demands and preferences of Chinese boat buyers, keeping in mind lifestyle and cultural preferences.

For example, Chinese yacht owners seldom spend the night on board and prefer boats with leisure and recreational amenities like KTV (karaoke) rooms. Catering to such needs, which are specific to the Chinese clientele, is an essential part of challenging cultural differences and securing a spot in such a promising market.  

This article was first published on June 21, 2022 and last updated on September 29, 2022.

China Briefing is written and produced by Dezan Shira & Associates . The practice assists foreign investors into China and has done so since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at [email protected] . Dezan Shira & Associates has offices in Vietnam , Indonesia , Singapore , United States , Germany , Italy , India , and Russia , in addition to our trade research facilities along the Belt & Road Initiative . We also have partner firms assisting foreign investors in The Philippines , Malaysia , Thailand , Bangladesh .

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Chinese Yacht builders

• Chinese ship builder hopes to produce super boat brand
• Yachts cost a 3rd of worldwide companies like Azimut and Sunseeker
• Move reflects China's altering professional base
• Yachting industry could be restricted to taxes, regulation and lack of marinas

Equipped with shiny sales catalogs and a bashful swagger, Samuel Wong hopes to transform their family-run firm from a manufacturer of hum-drum fishing vessels and houseboats into a maker of advanced super yachts.

Title was created by Wong given that it "sounded Italian." The company is designed to participate in a marketplace presently dominated by European boat manufacturers like Azimut and Sunseeker and count billionaires among its consumers.

"Li Ka-shing could not purchase our brand name but i am hoping in a decade time he might contemplate it, " said Wong, 36, discussing Asia's wealthiest guy, who's reported maintain an 84-foot Italian-made Riva boat at an exclusive Hong Kong marina.

Wong's attempt to go upmarket is an expression of Asia's changing professional base in addition to challenges numerous Chinese businesses face while they make an effort to go away from mass-produced goods to higher-value, branded products.

The company marketed seven vessels to buyers in Hong Kong and China within the last economic 12 months.

It continues to be to be seen if the brand-conscious ranks of China's recently rich will embrace a home-grown yacht-builder with little pedigree - though a cheaper price tag may charm given that nation's economic growth starts to slow.

Positioned in a sleepy spot for the Pearl River Delta, the shipyard where Accelera's yachts are produced is some sort of away from the luxury marinas where these rich guy toys wind up.

The drive through the nearest city passes through villages dotted with ponds full of lotus flowers. Fishing nets as well as the odd seafood hang to dry by the roadside.

The shipyard employs around 100 people and it is operate by Wong's dad and sibling. Workers tend to be busy spray-painting a house-boat and crafting the inner of a three-storey, 86-foot yacht which is delivered to a Hong Kong businessman by the end of the season.

Wong, who's located in Hong Kong, states that China's less expensive work costs are the primary reason Accelera's vessels cost a third of the produced by the kind of Sunseeker and Azimut .

Competent workers within shipyard make, an average of, 6, 000 yuan ($957) 30 days but Wong says it may be difficult to acquire staff aided by the correct experience.

The 98-foot boat costs around $5 million and takes up to 15 months to build, whilst the 86-foot design prices around $1.2 million.

The employees, some putting on just plastic shoes, deftly make their particular way along thin, five-meter large cement platforms that divide the slipways and cranes that keep consitently the vessels constant as they're becoming built.

At center associated with the shed, which can be littered with building products, is a purple shrine where oranges, tea and incense were made as offerings to a folk god for construction industry workers.

Whenever I initially discovered Accelera's yachts at a motorboat tv show in Hong Kong in-may 2011, the vessels would not look out of invest the marina saturated in Italian and British-made yachts, although interior smelt artificial and in comparison badly to your richly hued timber and buttery leather employed by the European companies.

Wong states he's got since employed Italian professionals to improve the yacht's design both inside and outside. "Our company is focused on matching our customer's inclination, " he said.

He says that many of his customers make use of the ships for company and entertaining - a karaoke den is a very common demand.

"their products or services have reached the lower end associated with the scale, " he stated. "At half the purchase price or less of international names, you need to lose with regards to quality."

Gordon Hui, the Asia handling manager of UNITED KINGDOM boat builder Sunseeker, stated Chinese boat designers tend to be legitimate rivals, especially for smaller, family members ships.

However, he said they're yet to attach a serious challenge when you look at the business marketplace where premium companies are many coveted.

Other Chinese companies tend to be using a different sort of approach to grass-roots brands like Accelera, opting rather to scoop up international yacht companies as a shortcut to worldwide success.

It plans to start an installation plant in Qingdao, a major slot in north China together with web site of this 2008 Olympic sailing regatta, to customize yachts for China's marketplace.

Swift claims that European brands like Azimut and Sunseeker have actually "made a killing" in Asia while the nation's elite finds out the pleasures of messing about on ships.

But he warned that yachting's lasting development can be limited by steep taxes, onerous legislation and a lack of marinas.

For Wong along with his Accelera yachts, the next thing is to create a bigger shipyard, with advanced facilities, that will allow for around 15 yachts becoming made annually.

Presently, electronics as well as other final touches tend to be installed in Hong-Kong, this means the yachts incur traditions responsibilities for Chinese purchasers.

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Expanding Horizons: Jet-Tern Marine’s Revolutionary New Production Facility

Expanding Horizons: Jet-Tern Marine’s Revolutionary New Production Facility… Continue reading

The Ingenious Bulbous Bow: Enhancing Performance and Efficiency at Sea

At the recent Selene Rendezvous in Solomon Island, a technical session was led by Howard Chen, the founder and lead designer of Selene Yachts… Continue reading

Three New Selene yachts launched in the water

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Sharing Memories at the East Coast Rendezvous – Photo Contest

Selene 62 ocean explorer.

The new Selene 62 Ocean Explorer is the very latest iteration of Howard Chen’s talent… Designed for a Selene repeat customer in Europe who wanted a yacht as beautiful and safe as any Selene, but faster in order to explore the Mediterranean Sea…

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We have built 420 yachts over twenty years. We are experts at the inspiration and unique hard work that it takes to build these luxury yachts.

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Knowing that our customer has to be both the captain and the engineer of the vessel, we have invested a lot of time in the design of our engine rooms .

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Creative layout, that makes it both livable for a cruising couple and family-friendly . I nteriors with high quality design, joinery, varnish and upholstery are also some of our hallmarks .

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SELENE 50 VOYAGER

The Selene 50 Voyager Sedan is a larger sibling of the 42 Voyager Sedan, with 3 cabins and the same European flair. The Selene Voyager series continues to build upon Selene Yachts’ tradition of combining the highest level of craftsmanship with superlative design.

SELENE 60 OCEAN EXPLORER

This brand new Selene 60 Ocean Explorer is the smallest vessel of the Selene Expedition line. A first look, the Selene 60 Ocean Explorer by Guido de Groot shows a number of the Selene family traits with her powerful raised pilothouse, Portuguese bridge…

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The Selene 78 Ocean Explorer, a cooperation between Selene Yachts and Guido De Groot, is a true and reliable explorer vessel with a stunning interior design, amazing outdoor entertainment space and the legendary Selene Yachts construction.

SELENE 128 OCEAN EXPLORER

Selene Yachts flagship of the Expedition line, the new Selene 128 will be soon in the production line for its European owner.

This brand new Selene 60 Ocean Explorer is the smallest vessel of the Selene Ocean Explorer line. A first look, the Selene 60 Expedition by Guido de Groot shows a number of the Selene family traits with her powerful raised pilothouse, Portuguese bridge…

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WHAT SELENE OWNERS SAY…

We wanted a compact yacht because we will load her on a cargo ship to explore new playing grounds like the Pacific Northwest or Northern European seas… It’s easily doable with a 42′ boat, and at a reasonable price. We want to see our new boat like a life enhancer and not as a financial or technical burden. This is why sizing the project, refining the specifications and a sound cooperation with the shipyard is essential, and Selene’s teams were ready to help from day one. We have found our perfect yacht…

I spent ten years as a full time vessel master and live-aboard owner. After obtaining my United States Coast Guard Master’s license, I spent countless hours cruising the waters of the San Juan Islands and the Canadian Gulf Islands.

Our constant, and the place we call “home” is M.V. Ellipsis, a Selene 60 Ocean Yacht delivered in 2007. We boat now without boundaries and enjoy navigating the rugged open waters off the west coast as much as we do the Inside Passage.

Summer and fall 2018, we will explore the Columbia and Snake Rivers, getting some experience with the locks on the river. 2019 should find us heading south in the Pacific, spending time cruising Mexico.

Even though my Selene 38 is the smallest in the range we’ve covered more than 20,000 miles in SE Asia; starting in Hong Kong, down to Vietnam and Borneo, then across to Thailand, later south to Malaysia and Singapore.

Everywhere I looked I was impressed with the quality. These are not production boats, but customized, handcrafted, solid vessels. Thank you for building us a beautiful and well founded boat! We look forward to many years of cruising in safety and comfort!

We want everyone in the yard to know just how happy we are with this wonderful boat you have made for us. Please convey our pleasure to everyone involved.

Our Selene « Adagio » has actually exceeded our expectations. Exceptional safety underway, comfortable for extended periods of live-aboard time, and excellence of workmanship are some of the reasons for our high level of satisfaction.

I went out on « Argo » today. The boat looks and performs fantastic. Convey my thanks to all the key people at the yard. The galley looks absolutely amazing. The new sound insulation you have done is really working with minimal vibrations!

We had a wonderful time in the San Juan Islands and Princess Louisa in British Columbia. The boat was perfect! We were in 25 knot winds with beam seas, some of which were well over 8 feet. « Mystic Moon » handled it perfectly!

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Russia establishes special site to fabricate fuel for China’s CFR-600

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A special production site to fabricate fuel for China’s CFR-600 fast reactor under construction has been established at Russia’s Mashinostroitelny Zavod (MSZ - Machine-Building Plant) in Elektrostal (Moscow region), part of Rosatom’s TVEL Fuel Company. 

As part of the project, MSZ had upgraded existing facilities fo the production of fuel for fast reactors, TVEL said on 3 March. Unique equipment has been created and installed, and dummy CFR-600 fuel assemblies have already been manufactured for testing.

The new production site was set up to service an export contract between TVEL and the Chinese company CNLY (part of China National Nuclear Corporation - CNNC) for the supply of uranium fuel for CFR-600 reactors. Construction of the first CFR-600 unit started in Xiapu County, in China's Fujian province in late 2017 followed by the second unit in December 2020. The contract is for the start-up fuel load, as well as refuelling for the first seven years. The start of deliveries is scheduled for 2023.

“The Russian nuclear industry has a unique 40 years of experience in operating fast reactors, as well as in the production of fuel for such facilities,” said TVEL President Natalya Nikipelova. “The Fuel Division of Rosatom is fulfilling its obligations within the framework of Russian-Chinese cooperation in the development of fast reactor technologies. These are unique projects when foreign design fuel is produced in Russia. Since 2010, the first Chinese fast neutron reactor CEFR has been operating on fuel manufactured at the Machine-Building Plant, and for the supply of CFR-600 fuel, a team of specialists from MSZ and TVEL has successfully completed a complex high-tech project to modernise production,” she explained.

A special feature of the new section is its versatility: this equipment will be used to produce fuel intended for both the Chinese CFR-600 and CEFR reactors and the Russian BN-600 reactor of the Beloyarsk NPP. In the near future, the production of standard products for the BN-600 will begin.

The contract for the supply of fuel for the CFR-600 was signed in December 2018 as part of a governmental agreement between Russia and China on cooperation in the construction and operation of a demonstration fast neutron reactor in China. This is part of a wider comprehensive programme of cooperation in the nuclear energy sector over the coming decades. This includes serial construction of the latest Russian NPP power units with generation 3+ VVER-1200 reactors at two sites in China (Tianwan and Xudabao NPPs). A package of intergovernmental documents and framework contracts for these projects was signed in 2018 during a meeting between Russian President Vladimir Putin and Chinese President Xi Jinping.

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Deck Builders & Contractors in Elektrostal'

Location (1).

• Use My Current Location

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• Elektrostal', Moscow Oblast, Russia

Featured Reviews for Deck Builders & Contractors in Elektrostal'

• Reach out to the pro(s) you want, then share your vision to get the ball rolling.
• Request and compare quotes, then hire the Decks, Patio & Outdoor Enclosures professional that perfectly fits your project and budget limits.
• Deck Building
• Deck Lighting Installation
• Deck Refinishing
• Deck Staining
• Deck Waterproofing
• Gazebo Design & Construction

Some of the best decking materials include:

• Wood: Cedar, redwood, and tropical hardwoods offer a classic look but require regular maintenance.
• Pressure-Treated Lumber: Affordable pine that resists rot and insects but may need staining.
• Composite Decking: Low-maintenance blend of wood fibers and recycled plastic, available in various colors.
• PVC Decking: Synthetic option resistant to stains, scratches, and fading, but can be pricey.
• Aluminum Decking: Lightweight, durable, rust-resistant, suitable for water areas, but more expensive.
• Vinyl Decking: Low-maintenance, moisture, and rot-resistant, but quality varies.

It’s better to build a patio when:

• Privacy is a priority: Patio provides a sense of privacy, especially when enclosed.
• Budget and low maintenance are the priority: Patios are generally more cost-effective to build and require less maintenance.
• The ground is flat: For even ground, constructing a patio is easier and more straightforward.

It’s better to build a deck when:

• Scenic views are desired: Decks offer better views.
• You are fine with obtaining building permits and inspections: Decks typically require permits and inspections due to their structural impact on the home.
• The ground is uneven: If your backyard has slopes or uneven terrain, a deck can provide a stable and level outdoor space.

What services do deck and patio companies in Elektrostal', Moscow Oblast, Russia provide?

Questions to ask a prospective elektrostal', moscow oblast, russia deck installers and patio builder:, business services, connect with us.