Connect with us

Business

Phuket business: Multi-billion baht deal signed

Published

 on 

PHUKET: Ruea Yacht, the luxury yacht building division of Phuket-Bangkok based Yacht Solutions, has joined forces with Northrop and Johnson – one of the world’s largest independent yacht brokerage firms.

Highlighting the increased demand, supply and overall growth in Thailand’s superyacht industry, the new partnership will generate billions for the local economy.

Director of Northrop and Johnson said: “Over the last three years the interest in superyacht construction in Asia has been overwhelming.

“We are now delighted to be able to confidently offer a very high quality design and construction team that brings something new to the market.

“Everyone expects there to be a price advantage in Asia, which there certainly is, but the driving force behind this project is to blend European technology, architecture and design with renowned Thai craftsmanship for an overall innovative project.”

Ruea Yachts has launched two designs: a 60-meter tri-deck motor yacht and a 75-meter long-range displacement yacht.

The Ruea 75, with its helicopter deck and under-deck heli-garage, is equipped with two MTU 16V 4000 M60 engines and capable of a range of up to 6,500 kilometers.

It carries a price tag of more than 17 billion baht – 420 million Euros.

Both the 60 and 75 will be constructed in Thailand and be Lloyds Certified (MCA Large Yacht Code LY2).

Turner went on to say: “These designs reflect the demand in the market for much larger, long range yachts which provide a more manageable cost.

“The designs will inspire those interested in a new-build yacht to add their own ideas and creative flair to the process, to deliver a yacht entirely to their own aspiration, while being backed by a highly professional international team.

“We have been gently marketing these yachts for the last year and have been surprised at the positive response with enquiries coming from all over the world.

“This led us to believe that the best approach was a full partnership to give global exposure to the brand and designs, and the first genuine move into the superyacht market in Thailand.”

Ruea Yachts is teamed up with naval architects, BMT Nigel Gee, and designers, Design Unlimited to offer a high quality proposition based on an extensive track record.

Managing Director of Ruea Yachts, Gareth Twist said: “We are very excited about our partnership with Northrop and Johnson.

“Through Yacht Solutions we have successfully completed many full-scale refits and conversions since 2001, and we have gained trust and a track record from our client projects.

“This new global marketing approach will help put Ruea Yachts, and Thailand as a superyacht building location, firmly on the map.”

He added that Ruea Yachts is open to discussing new yacht construction of any size and are happy to undertake full design work from scratch, based on a client brief.

Northrop and Johnson have a full team of professional brokers throughout Asia, including a team on the ground in Thailand.

This ensures that the whole construction process is closely monitored and managed by Northrop and Johnson in addition to owners, representatives and captains being present at the yard.

For more information, see rueayachts.com or northropandjohnson.com.

— Steven Layne

 

Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Guides8 hours ago

Foodie Zone: Where to get vegan desserts in Bangkok 2022

Thailand9 hours ago

Thailand News Today | 36 dead in a mass shooting at a nursery in northeast Thailand

Guides9 hours ago

5 best wine bars in Bangkok offering rich and quality wine

Sponsored15 hours ago

Segafredo Zanetti Coffee teamed up with Bangkok Airways and hosted “Bangkok Airways Surf Festival 2022”

North East9 hours ago

Hip businesses in northeast Thai province offer tasty food and fun experiences

Crime10 hours ago

British CEO arrested at Bangkok Airport over 40 million baht fraud accusations

Thailand10 hours ago

Thailand’s 5 national parks raise entry fees for foreigners by 100%

Join the conversation on the Thaiger Talk forums today!
Bangkok10 hours ago

Ari around invites Ari people to share good deeds through the app.

Press Room10 hours ago

Where to order cannabis/weed in Thailand

Chon Buri10 hours ago

Trouserless Chon Buri man crashes car into power pole

Entertainment10 hours ago

‘The Trapped 13’ lets Wild Boars speak for themselves

Thailand10 hours ago

Reported Bangkok VIP casino vanishes into thin air

World11 hours ago

Australia sets goal of preventing any more species from going extinct

Crime11 hours ago

Mass shooting in Thailand: 36 dead, including 24 children, 12 injured

Thailand11 hours ago

9 Thais arrested in South Korea for smuggling drugs

Drugs11 hours ago

Police snag 2.5 meth pills in checkpoint stings

Thailand1 year ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand2 years ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism2 years ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket2 years ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism2 years ago

Phuket Thai food treats you need to try | VIDEO

Thailand2 years ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism2 years ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending