News update for Hong Kong Cruise and Yacht Industry Association

Here is Superyachts China news summary of what’s happened with HKCYIA over the past 5 months:

In May, the Hong Kong Cruise and Yacht Industry Association (HKCYIA) signed a Memorandum of Understanding (MOU) with Verventia Pte Ltd to help develop, organize and operate an annual Yachting Festival in Hong Kong under the auspices of the International Cruise & Yachting Festival (Hong Kong) (ICYFHK).

The International Cruise & Yachting Festival (Hong Kong) 2019 (ICYFHK 2019), is set to be held during the Hong Kong Maritime Week 2019 (HKMW 2019) between November 17 and 23, 2019.  The Festival aims at promoting the maritime tradition of Hong Kong, raising public awareness of the maritime and yachting industries and encouraging employment.

Verventia is a leading boat show organiser in Asia and has organised and managed the Singapore show for nine years and the Thailand show for four years.   At the signing ceremony, Yeung said, “Partnering with Verventia will undoubtedly buildup ICYFHK in the international yachting world to a crescendo in the coming years.”

To promote the sustainable development of the cruise and yachting industry in the China, Hong Kong and Macao markets, HKCYIA will arrange a series of activities including the “Guangdong – Hong Kong-Macau Greater Bay Area Maritime Commerce & Economic Development Expo” during the HKMW 2019. Representatives of cruise companies, international yacht brands, tour operators and government maritime bodies will be invited to exchange their insights on development trends, opportunities and prospects, she added.

The HKCYIA also announced earlier this year its plan to partner with the China Merchants Industry Holding Co., Ltd. to set up a Superyacht Management Services Centre in Tsing Yi, Hong Kong. that will provide world-class supporting services for superyachts of over 45-metres, including refit, repair and maintenance services.

Yeung added that the centre will work with international yacht brands and top management companies to provide a wide range of professional services, including repair and maintenance, audit and survey, bunkering services, crew administration, logistics support, etc. Exclusive onshore tours with tailor-made itinerary in the Area will also be provided.

In June, the HKCYIA signed a Memorandum of Understanding (MOU) with Voyager Risk Solutions Ltd to provide risk and insurance management for superyachts. Under the agreement, Voyager will provide professional risk management and insurance consultation services to the HKCYIA in the opening and operation of its upcoming Superyacht Management Services Centre. 

For more information:

International Cruise & Yachting Festival (Hong Kong) 2019

Hong Kong Maritime Week 2019


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