BY APB Staff on 16 Sep 2021

New company focuses on charter, sales and brokerage in Thailand, Indonesia, Singapore

On September 14, Nicolas Monges, a veteran organiser of Asia-based yachting events, announced the creation of a new charter, brokerage and new yachts sales service agency, Asia Global Yachting (AGY), which is based around Thailand, Singapore and Indonesia. He joins AGY co-founder Xavier Fabre, who has worked in the Indonesian yacht market for years.

According to a statement on Linkedin by Monges: “AGY enters the market with a bountiful and established client base from dealership leaders Ferretti Group, Riva Yacht, Pershing (exclusive in Indonesia) and Nuova Jolly Marine SRL, to central agency roles for the ultimate in charter luxury including the magnificent Maj Oceanic, newly launched Trans Luxury Yacht – M.V Salila in Indonesia and the Maha Bhetra and Tiger Lily in Thailand.”

Xavier Fabre, Co-Founder and 25-year industry expert stated, “Excellence is the key factor here with attention to detail and bespoke service of paramount importance,” said Fabre in a statement. “For too long, the industry has sat on its laurels; that ends now as we move forward into a new era of yachting consultancy.” In addition to yacht charter, brokerage, new yacht sales and yacht management services, AGY is also promoting itself as a marina consultant, yachting events organiser and concierge services provider.

Read: Can Asia’s marina scene ever match the money?

The government of Thailand has indicated its desire to expand the yachting business as a way to recover its tourism industry in the wake of Covid-19 restrictions. Marinas are also expected to be part of Indonesia’s attempt to rebuilt its own tourism industry.