Jonathan Sit is from Hong Kong and studied resort administration at Cornell College in New York earlier than acquiring an MBA from the Nationwide College of Singapore. After becoming a member of ONE°15 Marina Sentosa Cove in 2014, he labored his means as much as turn out to be Common Supervisor. In October 2023, he was named marina developer and guide firm SUTL Enterprise’s Regional Common Supervisor, Marina Division to supervise the ONE°15 model’s administration and improvement, and its newly created events-management arm.
How will the Singapore Yachting Competition 2025 differ from final 12 months’s version?
As a yachting showcase, the Competition continues to draw extra Asia-Pacific premieres, reinforcing its position as a key platform for yacht debuts within the area. On show on the centre of the on-water exhibition is the 56m Echo Yachts catamaran Charley 2 and progressive yacht designs from 10m day boats to 20m enclosed flybridges, providing patrons extra selection and superior options.
Multihulls are dominating the present, with 16 fashions starting from 15-50m, reflecting their recognition within the area, and extra 25-40m manufacturing superyachts can be on show signalling a rising market curiosity in bigger luxurious yachts in bigger luxurious yachts.
This 12 months’s occasion highlights the rising scale, variety, and technological progress within the yachting sector. Sustainable know-how options are advancing at an unprecedented tempo, and new improvements shaping the way forward for the business could be seen aboard the vessels and on the show stands.
The Exhibition Pavilion on land encompasses progressive marine providers and boat applied sciences that includes greater than 30 manufacturers, with some new names together with FMT Yacht Transport (USA, yacht transporter), S Com Tech (Korea, catamaran builder), Cimolai Expertise (Italy, lifting gear), Australian Marine Lifting (customised lifting and dealing with gear), Nautic Clear (Italy, boat cleansing options), Entropia (Monte Carlo, yacht brokerage) and Fantasea from China is launching a brand new catamaran at SYF 2025.
We’re additionally proud to have native firms, together with boat builder Odyssey Marine and Eelat (Volvo Penta battery, full-service vendor for Cummins marine recreation, and official distributor for Doen water jets from Australia.
A number of new elements will improve the business showcase and customer expertise, together with an Arrival Lounge, Superyacht Lounge and a Competition Market organised by JIU Asia. The Superyacht Lounge sponsored by Damen and Rolls-Royce is an unique hospitality house designed for business leaders and VIP friends. It’s a floating lounge positioned throughout the Superyacht Zone to facilitate networking and deal-making near the exhibiting vessels.
ONE°15 Occasions Administration has additionally taken possession of the Southeast Asia Yachting Convention partnered by main business our bodies like APSA, MIA, ICOMIA, SBIA and HKBIA. Convention subjects are extremely related and tailor-made for the Southeast Asian yachting business.
How will this occasion contribute to elevating the posh way of life sector in Singapore and in addition Southeast Asia?
The Competition attracts top-tier European manufacturers, regional sellers, and the proper stage of high-net-worth people (HNWI) shopper attendees. Singapore is uniquely positioned as a enterprise hub the place European yacht manufacturers meet Asian sellers, the place Asia-Pacific HNWI and UHNWI are prepared to fly in to see the premiere of a yacht mannequin.
By curating a mix of superyachts, high-performance boats, luxurious automobiles, and unique way of life occasions, we’re catering to the aspirations of HNWI and the luxury-seeking viewers. The presence of top-tier companions reminiscent of J.P. Morgan Personal Financial institution, Damen, Rolls-Royce, Aston Martin, JIU Asia, and extra amplifies the Competition’s attain and status.
Furthermore, the occasion aligns with Singapore’s broader objective of turning into a superyacht constitution hub. By showcasing the area’s potential for luxurious yacht tourism, the Competition helps drive demand for marina amenities, yacht charters, and associated providers, thus contributing to the expansion of Southeast Asia’s luxurious way of life and maritime sectors.
As Regional Common Supervisor, Marina Division at SUTL Enterprise since October 2023, you take care of marina operations, enterprise developments and occasions administration. How did your scope evolve?
As Common Supervisor of ONE°15 Marina Sentosa Cove, I used to be answerable for overseeing day-to-day operations in addition to driving the expansion, enlargement, and strategic route of marina operations, consultancy, and regional improvement for over a decade. This expertise enabled me to mix operational experience with a deep understanding of cruising tradition and luxurious way of life tendencies, guaranteeing that our marinas constantly ship world-class experiences.
My new portfolio covers three areas: marina administration, marina improvement, and the newly created occasions administration arm. This position has taken me past the shores of Singapore, and I’m now capable of forge strategic partnerships throughout the Asia-Pacific area by way of varied enterprise engagements. Shopper interactions initially meant for exhibiting on the SYF have turn out to be nice connections and get in touch with factors for potential marina developments across the area, and vice versa. We hope to carry extra ONE°15 Marinas to our boaters within the area quickly.
In your position, you might have recognized and evaluated potential marina properties and websites globally and throughout the Asia-Pacific area to develop the ONE°15 Marina portfolio. In your view, which initiatives current the very best progress alternative?
We see important progress alternatives in markets reminiscent of Thailand, Indonesia, and Malaysia provide assorted and pristine cruising grounds and rising curiosity in luxurious yachting. For example, Phuket is a high-potential location as a result of its strategic place and recognition amongst superyacht house owners, so there’s demand for added berthing capability.
Most fascinating maybe is what’s taking place in Hong Kong, the place round three to 4 marina websites have been recognized by the federal government for potential improvement into yachting amenities. That’s extraordinarily uncommon for this established boating market.
What have been the outcomes and response to the ONE°15 Marina Sentosa Cove improve and reconfiguration since 2019 to higher accommodate superyachts and improve the marina’s amenities?
The response has been overwhelmingly constructive. The SG$7 million (US$5.25 million) improve allowed us to accommodate a higher variety of superyachts – as much as 220ft in size – whereas enhancing our berthing capabilities and onshore facilities reminiscent of upgraded energy pedestals, attentive concierge providers, and the introduction of sustainable options have been instrumental in securing our Platinum Gold Anchor Award, Superyacht Prepared Accreditation, sustainability certifications and different accolades as a world-class superyacht hub. The suggestions from yacht house owners and business companions has been notably encouraging.
How do you intend to keep up or enhance this stage of excellence, on the environmental aspect particularly?
Sustainability is on the core of our technique. We plan to construct on our sustainability certifications and ISO 14001 accreditation by increasing our sustainability initiatives throughout all operations. This consists of investing in renewable power options, enhancing waste administration programs, and selling using electrical and hybrid vessels by way of partnerships with know-how leaders.
Our ongoing efforts to help marine conservation – such because the coral backyard undertaking – will proceed to play a big position. We goal to combine environmental stewardship into varied points of our marina administration, guaranteeing that ONE°15 Marina Sentosa Cove not solely maintains however units new benchmarks for sustainability and excellence within the yachting business.
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