Connect with us

Business

Phuket firm to co-develop superyacht facility in Bangkok

Legacy Phuket Gazette

Published 

 on 

Phuket firm to co-develop superyacht facility in Bangkok | The Thaiger
  • follow us in feedly

PHUKET: Island based, Yacht Solutions (YS) has signed a memorandum of understanding with Bangkok’s Italthai Marine (ITM), agreeing to create Thailand’s first dedicated superyacht facility just south of Bangkok. This joint venture brings together Thailand’s largest and most established shipbuilding company, ITM, with one of Thailand’s most reputable and experienced superyacht refit companies, YS.

Dubbed ‘Yacht Solutions at Italthai Marine’, the new facility is being set up in response to the demand for more superyacht refit and repair facilities in the Asian region – from both owners of superyachts based in Asia and those travelling from Europe and the Americas.

Located near the mouth of the Chao Phraya River in Samut Prakarn, just south of Bangkok, and easy to navigate to from the Gulf of Thailand, Italthai Marine provides the perfect site for such a facility. Its location, with convenient access to the Thai capital, and only 45 minutes from Suvarnabhumi International Airport (the transiting hub of Southeast Asia) is ideal because it is extremely appealing to owners, captains and crew due to the vast range of crew facilities close to hand. This deep water facility was needed by Yacht Solutions to cater for larger refit and build projects as well as shorter emergency and maintenance projects.

Speaking to the PhuketGazette, YS Managing Director, Gareth Twist, elaborated on the reasons why Bangkok was the ideal choice for establishing such a dedicated superyacht facility, and not Phuket.

“There [in Bangkok], we can handle yachts as big as 95 meters long, up to 20 meters wide and weighing as much as 3,500 tonnes, whereas in Phuket, we can only handle [superyachts that measure] up to 45-50 meters long, 10 meters wide and weighing up to 260 tonnes.”

Asked if there are any plans or ambitions to build a similar high-capacity facility in Phuket in the near future, Gareth responded: “Definitely. We’ve got the funds and plans to build such a yard in Phuket, but acquiring the ideal piece of land, with good deep water access, has been an obstacle.

Meanwhile, Gareth’s brother, Simon Twist, has relocated from Phuket to the Thai capital as part of the latest partnership with Italthai Marine.

“As a major yachting hub, Phuket has a good yachting skill base, and this is our strength… We will continue to send personnel, who will be groomed in Phuket, before going up to Bangkok.”

Gareth went on to highlight the growth that his company and the island’s industry, overall, has seen in the past year. Currently, more than 90% of his firm’s business is dealing with superyachts. This is compared to last year, when only abut 60-70% of the business came from such large vessels, he said.

“In the past year, some 60 superyachts came through Phuket. Of these, Yacht Solutions worked on about 16… Our business volume from superyachts has grown three-fold and we expect the industry to continue to see strong growth,” he said.

Yacht Solutions at Italthai Marine will utilize a 112,000 square meter facility offering full ship building and repair capabilities plus a bonded warehouse and in-house design office. The facility is ISO 9001:2000 rated and boasts a lifting capacity up to 95 meters and 3,500 tonnes. It has access to two 115 meter dry docks, 300 meter alongside berthing, a floating dock up to 160 meters and 5000 tonnes lift capacity, making this the largest superyacht repair facility in Southeast Asia.

“We have been in the marine refit and repair business in Thailand for over 10 years and we have been looking for a deep water facility for the last two years,” said Gareth.

“We are very excited to be at Italthai Marine as this is the perfect site for us. Yacht Solutions at Italthai Marine expands our superyacht capabilities for hauling-out, and opens up a great yard option for any resident yachts and superyachts passing through the Gulf of Thailand.

“This facility is accessible to all of Southeast Asia being less than 800 miles from Singapore. We are very excited with this partnership as it offers a natural progression for our business.”

The superyacht industry in Asia is growing and recent trends show that there has been a year-on-year increase in the number of superyachts, either in the region or transiting through the region. Yacht Solutions at Italthai Marine is very keen to attract those yachts to this new facility in Thailand for planned or emergency refits, repairs or conversion work.

Keep checking our online Phuket Business pages for the latest local and national business updates.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

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

Business

Governments & old media versus social media – who will win? | VIDEO

The Thaiger

Published

on

Governments & old media versus social media – who will win? | VIDEO | The Thaiger

We look at the recent changes made by the Australian and Indian governments to except control over the world’s biggest social media platforms. India has issued strict new rules for Facebook, Twitter and other social media platforms just weeks after the Indian government attempted to pressure Twitter to take down social media accounts it deemed, well, anti social. There is now an open battle between the rise of social media platforms and the governments and ‘old’ media that have been able to maintain a certain level of control over the ‘message’ for the last century. Who will win?

The rules require any social media company to create three roles within India… a “compliance officer” who ensures they follow local laws; a “grievance officer” who addresses complaints from Indian social media users; and a “contact person” who can actually be contacted by lawyers and other aggrieved Indian parties… 24/7.

The democratisation of the news model, with social media as its catalyst, will continue to baffle traditional media and governments who used to enjoy a level of control over what stories get told. The battles of Google and Facebook, with the governments of India and Australia will be followed in plenty of other countries as well.

At the root of all discussions will be the difference between what governments THINK social media is all about and the reality about how quickly the media landscape has changed. You’ll get to read about it first, on a social media platform… probably on the screen you’re watching this news story right now.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading

Business

The social media giants in battle with ‘old’ media and world governments | VIDEO

The Thaiger

Published

on

The social media giants in battle with ‘old’ media and world governments | VIDEO | The Thaiger

“The rules signal greater willingness by countries around the world to rein in big tech firms such as Google, Facebook and Twitter that the governments fear have become too powerful with little accountability.”

India has issued strict new rules for Facebook, Twitter and other social media platforms just weeks after the Indian government attempted to pressure Twitter to take down social media accounts it deemed, well, anti social.

The rules require any social media company to create three roles within India… a “compliance officer” who ensures they follow local laws; a “grievance officer” who addresses complaints from Indian social media users; and a “contact person” who can actually be contacted by lawyers and other aggrieved Indian parties… 24/7.

The companies are also being made to publish a compliance report each month with details about how many complaints they’ve received and the action they took.

They’ll also be required to remove ‘some’ types of content including “full or partial nudity,” any “sexual act” or “impersonations including morphed images”

The democratisation of the news model, with social media as its catalyst, will continue to baffle traditional media and governments who used to enjoy a level of control over what stories get told.

The battles of Google and Facebook, with the governments of India and Australia will be followed in plenty of other countries as well.

At the root of all discussions will be the difference between what governments THINK social media is all about and the reality about how quickly the media landscape has changed. You’ll get to read about it first, on a social media platform… probably on the screen you’re watching this news story right now.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading

Business

Turbulence ahead for Thailand’s aviation industry | VIDEO

The Thaiger

Published

on

Turbulence ahead for Thailand’s aviation industry | VIDEO | The Thaiger

When the airlines, in particular, were asking the government to put their hands in their pockets for some relief funding in August last year, it was genuinely thought that international tourists would be coming back for the high season in December and January. At the very least local tourists and expats would head back to the skies over the traditional holiday break. And surely the Chinese would be back for Chinese New Year?

As we know now, none of that happened. A resurge in cases started just south of Bangkok on December 20 last year, just before Christmas, kicking off another round of restrictions, pretty much killing off any possibility of a high season ‘bump’ for the tourist industry. Airlines slashed flights from their schedule, and hotels, which had dusted off their reception desks for the surge of tourists, shut their doors again.

Domestically, the hotel business saw 6 million room nights in the government’s latest stimulus campaign fully redeemed. But the air ticket quota of 2 million seats still has over 1.3 million seats unused. Local tourists mostly skipped flights and opted for destinations within driving distance of their homes.

As for international tourism… well that still seems months or years away, even now.

Keep in contact with The Thaiger by following our Facebook page.

Never miss out on future posts by following The Thaiger.

Continue Reading
Phuket Thai food treats you need to try | VIDEO | The Thaiger
Tourism6 days ago

Phuket Thai food treats you need to try | VIDEO

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23 | The Thaiger
Thailand6 days ago

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

In search of Cat & Dog Cafés in Phuket Town | VIDEO | The Thaiger
Tourism6 days ago

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

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21 | The Thaiger
Thailand1 month ago

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

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19 | The Thaiger
Thailand1 month ago

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

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18 | The Thaiger
Thailand1 month ago

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

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15 | The Thaiger
Thailand1 month ago

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

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14 | The Thaiger
Thailand2 months ago

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

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13 | The Thaiger
Thailand2 months ago

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

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12 | The Thaiger
Thailand2 months ago

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

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11 | The Thaiger
Thailand2 months ago

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

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8 | The Thaiger
Thailand2 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8

Thailand News Today | 305 infections, No happy ending for massages, Phuket quarantine mooted | Jan 7 | The Thaiger
Thailand2 months ago

Thailand News Today | 305 infections, No happy ending for massages, Phuket quarantine mooted | Jan 7

Thailand News Today | 10,000 schools closed, 900 new migrant infections, Gambling crackdown | January 6 | The Thaiger
Thailand2 months ago

Thailand News Today | 10,000 schools closed, 900 new migrant infections, Gambling crackdown | January 6

Thailand News Today | PM reverses lockdown, Southern P.D.A. crackdown, Covid update | Jan 5 | The Thaiger
Thailand2 months ago

Thailand News Today | PM reverses lockdown, Southern P.D.A. crackdown, Covid update | Jan 5

Follow The Thaiger by email:

Trending