A guide on emerging boat shows and yacht events
Written by Michael Henson
The yacht industry is littered with boat shows and events from the famous and prestigious Monaco Yacht Show to the mammoth Fort Lauderdale International Boat Show. However with over a hundred events on Yachtingpages.com alone it can be difficult to know which shows are worth going to. Yachting Pages has worked closely with the yachting industry to bring you the top five emerging boat shows.
The Singapore Yacht Show (SPS) gives the opportunity to discover some of the world's finest superyacht and international yacht brands in an elite and highly social setting, organisers of the show claim it gives you a chance to enjoy luxury yachting at its finest. The show runs in April annually.
The last Singapore Yacht Show drew more than 50 superyachts to its docks, along with prospective buyers, yacht brokerages, marine suppliers, and other luxury brands.
In 2015 there were over 11,600 visitors and more than 150 brands on display in 4,391sqm of exhibition space. It has won praise and support from regional and international exhibitors for its continually growing success. The geographical breakdown of these visitors is split 57% from Singapore and 43% from outside of Singapore, making it an international event with a lot of promise.
The boat show is an opportunity for luxury yacht buyers and enthusiasts to gather in a prestigious setting and view some spectacular yachts, marine accessories and futuristic water toys. The show also provided a vital networking and education forum for industry professionals, with a line-up of seminars and conferences.
Georgina Menheneott from Burgess commented, “New markets always present a challenge but the SYS is gaining in momentum every year and has become a highly credible marine event for tapping into the Asian market.”
China (Shanghai) International Boat Show
China (Shanghai) International Boat Show (CIBS) 2016 is the most comprehensive and longest established boat and yacht exhibition in China and runs annually in the month of April.
CIBS provides a platform for all the boating industry's products, but also continues to further explore opportunities to popularise a maritime lifestyle and yachting culture.
In 2015 CIBS attracted 400+ exhibitors from 20 countries with approximately 550 boats presented at the show. There were over 35,000 visitors from 53 countries, with a rise in visitors from overseas. This steady increase of visitor numbers and a steady increase in turnover compared to the previous year, included a growing number of representation from Italy, Australia, USA, New Zealand, Korea, Canada, Netherlands, Finland and Taiwan.
This coincides with CIBS hosting seven national and regional pavilions during the show (Italy, Taiwan, New Zealand, South Korea, Australia, USA and Canada), which is aimed to encourage international business between the regions and the china boating industry.
In additional to yachts and boats on display, maritime equipment and services can also be found. Add to that the Shanghai International Workboat Show, the Expo Life Style and Shanghai International Expo Leisure, which are held simultaneously to compliment, complete and enhance the full picture of the leisure boating, luxury and leisure industries.
China’s fast growing economy and the development of yachting infrastructure is spurring demand for private boats and yachting activities throughout the country.
Mercury Marine has supported CIBS for all of the years of the event and commented, “It is a great venue, the largest show in Asia and the quality of the show is fantastic, the display, the exhibitors, and everything is top.”
Sanctuary Cove International Boat Show
The Sanctuary Cove International Boat Show (SCIBS) is one of the largest boat and marine lifestyle events in the Asia Pacific region, attracting almost 40,000 visitors to a display of more than 500 boats and other marine products across four days. Taking place on the third Thursday to Sunday of every May, SCIBS offers exhibitors’ unparalleled exposure and sales opportunities.
Significant upgrades and investments have been made to the site’s layout, the marina and the boardwalk area, allowing for optimum accessibility and viewing of the boats and marine products, which further enhance the experience for both exhibitors and visitors.
With more than 300 exhibitors and 100’s of boats on display on both land and water, the Sanctuary Cove International Boat show is starting to become a truly international event; a mixture of serious boating business and high-end glamorous fun where the major players of the marine industry are starting to gather for four days of business and pleasure.
Qatar International boat show
The Qatar International Boat Show (QIBS) has expanded to host even more yachts and exhibitors than ever before, ensuring that guests find something unique on offer. Last year 95 leading exhibitors from 18 different countries including Germany, Monaco, UK and the USA trusted in the show and with 65% of exhibitors being international, this event offers opportunity from around the world.
In 2015 visitors to the show were in excess of 15,000, which was a 25% rise of incoming visitors since the year before. 42% of these visitors were business and trade professionals and a staggering 39% of their visitors own a boat.
Yachting Pages believes Qatar could become an even more strategic area for superyacht business based on some key facts, (provided by QIBS).
- 29% of the 100 largest yachts are owned by Middle Easterners
- GCC individuals with $28 million are set to grow by 59% by 2022
- Billionaires will grow by 45% over the next decade in the Middle East
- Demand in Qatar for marina berths is set to more than double its current capacity by 2018
Patrick Coote, sales and marketing director at Blohm + Voss commented, “We came for the first time, in 2014, and found it to be a very interesting show with great potential, and we felt it was important to come back and show that we are strongly committed to this market and keen to grow our business in this region.”
One to look out for – MYBA Pop-Up Superyacht Show
Over the last few years, Montenegro has become the new superyacht hotspot of the Mediterranean. Its outstanding natural beauty, yacht-friendly tax and legislation benefits, and rapidly growing infrastructure make it an ideal destination for yachts of any size.
The MYBA Pop-Up Superyacht Show is a new B2B superyacht event, bringing together international brokers, agents and yachts to discover the developing infrastructure and exceptional cruising grounds of Montenegro and the surrounding region. Visitors should expect to find a similar format to other successful shows, allowing participants the opportunity to explore the growing line-up of yachts followed by networking events and a closing party at the famous yacht club.