on 6 Jan 2023
The brokerage and superyacht service firm is opening a new office in Singapore
Camper & Nicholsons has revealed plans for its expansion in Southeast Asia, with the opening of a new office in Singapore. The news comes as the superyacht brokerage and service firm looks back at a ‘record year’ in 2022, and reveals its plans for 2023.
“The new office in Singapore will improve our reach and presence in Southeast Asia,” says Paolo Casani, chief executive officer at Camper & Nicholsons. “Our Hong Kong office opened its doors four years ago, and we seek to improve our presence in Asia.”
C&N also has an office in Phuket, as well as global offices in locations including Miami, London and Cannes.
In 2022, the firm announced the opening of a Dubai office, offering full-scale turnkey services to domestic and international clientele.
Across all departments in 2022, Camper & Nicholsons reveals it saw 5.5 km of yachts managed in both charter and yacht management; 700 charters booked, making 5,416 charter days. In a statement, the firm confirms that its forecast for 2023 is “very positive” as the company is “up 20 per cent compared to the same period last year.”
Daniela Duck, new build division coordinator at Camper & Nicholsons, says industry new-build sales in 2022 were up 35 per cent from 2021, as 186 luxury yacht projects were signed off compared to 120 the previous year. “In the last 12 months, new projects have been delivered by and signed with Feadship, Baglietto and Mangusta among others, which kept the team very busy,” she adds.
C&N says that 2022 was a strong year in charter management, with a wide selection of yachts being offered for charter worldwide, including in Qatar for the Fifa World Cup. Overall, C&N says it managed €2.2 billion in assets value in charter in 2022.
Casani says 2022 was “a record year for our company in terms of both retail and charter management revenues.”
In 2022 C&N launched a new website and an innovative crew and compliance software, which it says has globally renovated the infrastructure of the yacht management department. The firm also started accepting cryptocurrencies as payment for all goods and services via BitPay.
Giovanni Alessi Anghini, chief technology officer at C&N, comments: “IT infrastructure plays a big role in the company’s growth. Today we are not only envisioning the future, but we are executing it!”