Azimut Benetti Group Sees Robust Sales in Asia-Pacific Market

Author:
Updated:
Original:
Four of Benetti’s Oasis 40 have sold in the Asian market in the last year.

Four of Benetti’s Oasis 40 have sold in the Asian market in the last year.

For the Azimut Benetti Group, the marketplace in Asia is seeing the same Covid-related booms in boat sales that builders are experiencing stateside.

The Italian conglomerate is reporting total sales of over 150 million euros — approximately $177.5 million — for the two brands over the last year, a 10 percent increase when compared to the same time period last year.

2_Azimut_G25METRI Running 2_Web res

Sales are being driven by boats over 24 meters (about 78 feet), with the Hong Kong, Singapore, Japan, Australia, New Zealand and continental China markets seeing the most action.

For Azimut, eight yachts from its Grande line have been sold and delivered: four of the 32 Metri and two each of the 25 and 27 Metri, with five more vessels in the Grande collection to be delivered in the next six months.

The B.Yond 37M has a 5,000 nautical mile range at 10 knots.

The B.Yond 37M has a 5,000 nautical mile range at 10 knots.

Benetti has sold four Oasis 40M units and a B.Yond 37M.

“Significant contributions to achieving these excellent results were made by Marine Italia, the dealer for Singapore, Hong Kong and part of China, and by the new Australian dealer D’Albora, which has established a considerable presence in the region in the space of a single year, as well as opening up new markets on the country’s western coast,” said the company in a statement

Related

NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.

Quick Hits: March 5, 2021

The National Association of Manufacturers names Brunswick Corp. CFO Ryan Gwillim to its Board of Directors.

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.