SuperyachtNews.com - Business - Burgess partners with Starship Yachts in Asia

By SuperyachtNews

Burgess partners with Starship Yachts in Asia

Burgess and Starship Yachts have announced a partnership agreement for the Hong Kong and Macau market…

Burgess and Starship Yachts have announced a partnership agreement for the Hong Kong and Macau market with Starship Yachts Owner/CEO Edwin Ho becoming Burgess’ Chief Representative for these markets.

The market for luxury yachts in Asia is a fascinating and potentially lucrative prospect. As the economies of countries such as China and Southeast Asia continue to soar, more and more individuals are finding themselves with disposable income to spend on frivolous luxuries.

The truth is, the market is still in its infancy in Asia. Yachting is not yet a mainstream pastime, but that does not mean there is not a huge potential for growth. The key for companies will be to tap into the cultural and societal changes that are driving this trend. The rise of the "new rich" in Asia presents a golden opportunity for the luxury yacht market, but it will require a delicate touch and a deep understanding of the market to truly capitalize on this potential.

Starship Yachts is the Ferretti dealer for HK and Macau, offering the full range of the Ferretti group’s brands. Established in 1994, it was the first dealership to sell yachts in Greater China and has a compelling track record of selling yachts above 30m/100ft. 

Burgess is the global leader in the brokerage, charter, management and new build advisory for large yachts (above 30m/100ft), and started its Asia operation in 2015, establishing offices in Hong Kong, Mumbai, Phuket, Singapore and Tokyo. Since then, Burgess transacted 31 yachts for Asia clients, averaging 50m/160ft in length.

An important part of Burgess’ Asia strategy is partnerships with leading dealerships in key markets. Other partners currently are Lyu Company (Lyu Kamikage) in Japan, Boat Lagoon Yachting (Vrit Yongsakul and Alister Brunskill) in Thailand/Singapore, and Marine Solutions (Anju and Gautama Dutta) in India. 

Burgess Chairman Asia Jean-Marc Poullet commented: "Having been a pioneer of the Asia yachting industry and part of it for almost 30 years, Edwin is one of the most experienced and respected yachting professionals in Asia and we are delighted to welcome Starship Yachts and him to the Burgess family!”

Starship CEO Edwin Ho added: “We are delighted to partner with Burgess as they bring exceptional expertise and experience in the superyacht market globally, which we are excited to tap and bring to our clients interested in exploring the larger yachts segment”.

 

Profile links

BURGESS

Join the discussion

Burgess partners with Starship Yachts in Asia

34202

To post comments please Sign in or Register

When commenting please follow our house rules


Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for Top stories 2022: Lunch on board the 60m M/Y Slipstream

Top stories 2022: Lunch on board the 60m M/Y Slipstream

Richard ‘Tricky’ Harrison reveals how he went from gastro pub kitchen porter to Head Chef on one of the busiest charter yachts in the world

Owner

Image for Raphael Sauleau parts ways with Fraser Yachts

Raphael Sauleau parts ways with Fraser Yachts

The former CEO took to social media to announce that he is no longer employed by the brokerage house

Business

Image for My Ocean Ltd looks to attract burgeoning new markets

My Ocean Ltd looks to attract burgeoning new markets

Serial entrepreneur and millennial myth buster Jonny Dodge opens up on the key to attracting younger audiences

Business

Image for Jeremy Hunt axes plans for Royal Flagship

Jeremy Hunt axes plans for Royal Flagship

Boris Johnson’s ‘vanity project’ has officially been canceled

Fleet

Image for 92m Nobiskrug Tatoosh sold

92m Nobiskrug Tatoosh sold

The Superyacht Agency takes a look at some of the other 80m+ superyachts that have sold in the post-pandemic era

Business

Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on