Indonesia’s Silolona Leads New Life: Yacht Style Charter Issue 2020

Pioneer of Indonesia’s luxury charter industry, the 50m Silolona is embarking on the 2020-21 charter season with a new lease of life. The post Indonesia’s Silolona Leads New Life: Yacht Style Charter Issue 2020 appeared first on LUXUO.

Indonesia’s Silolona Leads New Life: Yacht Style Charter Issue 2020

Turning sweet 16 in July, a revitalised Silolona is primed and ready for the 2020-21 charter season in Indonesia, having completed an extensive refit in Bali in May.

Silolona has turned 16, having been launched in July 2004  (c) Dalton Cole

The first of Indonesia’s growing fleet of luxury phinisis, Silolona traditionally embarks on a major refit about every five years. And Caroline Payen, Silolona Sojourns’ Yacht Charter Manager, says the 164-footer now looks as fresh as the day she was launched by the Konjo Boat Builders in Sulawesi in July 2004.

“This time, Silolona is like a new phinisi,” Payen says. “A lot of woodwork was processed while keeping the unique Silolona style.”

The 50m Silolona, and her younger 40m sister Si Datu Bua have since been chartering in and around Komodo and neighbouring Flores, where they’ll remain through August. In September, they’ll travel east through the historic Banda ‘Spice Islands’ before heading north to West Papua to explore Raja Ampat and Cenderawasih Bay.

The 164ft Silolona (left) can be chartered in tandem with 134ft sister yacht Si Datu Bua (right), accommodating up to 20 guests (C) Shane Granger

The 164ft Silolona (left) can be chartered in tandem with 134ft sister yacht Si Datu Bua (right), accommodating up to 20 guests (C) Shane Granger

After spending October to May around the country’s most easterly province, the yachts make their way back via the Banda Islands to Komodo for the May-August season.

“The Komodo islands are the natural habitat of the Komodo dragon and a World Heritage Site, and offer world-class diving, deserted pink-sand beaches, while the Flores archipelago has ancient cultures, textiles, world-class diving and scenic volcanoes,” Payen says.

“The beautiful Banda islands have amazing history and stately old Dutch mansions, and are the native home of nutmeg, hence the ‘Spice Islands’. Raja Ampat offers world-class diving and snorkelling in pristine seas, Asmat (West Papua) features ancient tribal customs and powerful art, and guests can swim with whale sharks in Cenderawasih Bay.”

Si Datu Bua’s gorgeous foredeck (c) Shane Granger

Si Datu Bua’s gorgeous foredeck (c) Shane Granger

Like most large charter yachts in Indonesia, both Silolona and Si Datu Bua are fully equipped for diving, one of the key activities in a country boasting some of the world’s most diverse marine life. Itineraries are tailored by the Silolona Sojourns team headed by CEO Tresno Seery, son of founder Patti Seery and a naval architect who designed Si Datu Bua.

Patti Seery is renowned in the industry for developing both phinisis based upon her extensive interests and knowledge accumulated over three decades in Indonesia, her longstanding friendships with communities, and her passion for Southeast Asia’s art, history and cultures.

“Through our network of traditional villages and peoples, Silolona Sojourns sponsors traditional ceremonies that could not be held due to lack of funds,” says Payen, who adds that it also supports international organisations to raise awareness about the oceans and protect whales, thresher sharks and manta rays in remote islands.

Silolona and Si Datu Bua both offer dive equipment and supervision (C) Claudia Pellarini

Silolona and Si Datu Bua both offer dive equipment and supervision (C) Claudia Pellarini

Payen says the yachts and crew are so popular that Silolona Sojourns has had up to 70 per cent repeat clients some years. Chartering both Silolona and Si Datu Bua together is a popular option as it enables large groups of 16-20 to enjoy holidays together, with programmes customised to guests’ preferences.

“The crews are very kid-friendly and have an endless imagination for fun, safe adventures and experiences,” she says. “Also, our chefs specialise in international gourmet cuisine with an Asian flair, and can offer Indonesian cooking lessons upon request.”

Due to Covid-19, Silolona Sojourns is offering to reschedule any charter bookings within a year should a CDC Travel Health Notice of level three or higher for any country to or from the charter destination be issued, or flights be cancelled due to health alerts.

ALL SHAPES AND SIZES

Phinisis inspired by Silolona include the 65.2m Lamima, which was the world’s largest wooden sailing yacht upon its launch in 2014 and is among a range of luxury superyachts offered for charter in Indonesia by Camper & Nicholsons (C&N).

The 214ft Lamima, the world’s largest wooden sailing yacht, offers a grand way of exploring Indonesia (c) Camper & Nicholsons

The 214ft Lamima, the world’s largest wooden sailing yacht, offers a grand way of exploring Indonesia (c) Camper & Nicholsons

The 214-footer features seven large cabins yacht for 14 guests, and is available in Thailand and elsewhere in Southeast Asia in the northern-hemisphere winter.

Lamima is one of our yachts that offer exciting all-inclusive packages, which are very interesting for guests as they include a vast array of activities and a true immersion in nature,” says Carmen Lau, C&N’s Business Development Director Asia. “Activities can include diving, yoga, trekking on remote islands and much more.”

The 46m Mutiara Laut can also accommodate 14 guests in seven cabins and has a 14-strong crew headed by Captain Andi, who has been with the yacht since her launch in 2009, while the 26m Sequoia launched in 2017 has three cabins for six guests, plus 10 crew.

Skylounge on the 164ft motor yacht Kudanil Explorer (c) Camper & Nicholsons

Skylounge on the 164ft motor yacht Kudanil Explorer (c) Camper & Nicholsons

C&N is offering a 20 per cent discount on bookings made before August 31 on the 50m expedition yacht, Kudanil Explorer. Built in 1978, the motor yacht had a spectacular refit for charter in 2018 that included the creation of eight 330sqft ensuite staterooms, each with a king-size bed and a private balcony with table and chairs.

Indonesia’s other iconic charter yachts include the 51m Dunia Baru, the famed seven-cabin charter phinisi that has been meticulously maintained since its completion in early 2014.

More recent additions include the 55m Prana by Atzaro launched in 2018 by Yacht Sourcing. The Indonesia-based company is also the charter central agent for this expansive yacht, which has over 9,600sqft of usable space across four decks and a remarkable nine cabins.

The original article first appeared in Yacht Style Issue 54 (Charter Issue 2020) – see below: 

To subscribe to Magzter version, visit: 

For more information or print subscription enquiries, email: info@lux-inc.com

Yacht Style Issue 54 Out Now: The Charter Issue 2020

The post Indonesia’s Silolona Leads New Life: Yacht Style Charter Issue 2020 appeared first on LUXUO.

Source : Luxuo More   

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BNP Paribas Wealth Management Focuses on ‘Green Yacht Financing’

Arnaud Tellier explains that BNP Paribas Wealth Management is a global leader in yacht financing due to its focus on financial sustainability. The post BNP Paribas Wealth Management Focuses on ‘Green Yacht Financing’ appeared first on LUXUO.

BNP Paribas Wealth Management Focuses on ‘Green Yacht Financing’

What type of clients does BNP Paribas Wealth Management have in Asia?

We have a good mix of top-tier tycoons and family offices, ultra high-net-worth individuals (UHNWIs) and high-net-worth individuals (HNWIs) from Hong Kong, mainland China, Taiwan, Singapore, Indonesia, Malaysia, Thailand and India.

Arnaud Tellier, CEO, Asia Pacific, BNP Paribas Wealth Management

The BNP Paribas global banking group has been present in Asia for nearly 160 years, so our penetration of top tycoons is significant and growing in each of our chosen markets.

BNP Paribas Wealth Management benefits from the stability, global capabilities and high-end positioning of BNP Paribas, making us an attractive proposition for wealthy entrepreneurs and their families.

We are constantly seeking innovations to capture the evolving needs and tastes of Asia’s wealthy individuals, and in response to the rapid growth in UHNWIs, we’ve increased investments in our coverage teams.

What are the bank’s leading asset groups? How does yacht financing fit in?

Our in-house strengths range from equity, fixed income, FX, funds, structured products and discretionary portfolio management to more specialised offerings such as sustainable investments, European real estate, private debt and equity, French vineyards and also financing for asset classes such as superyachts, business jets and properties.

How does the bank support financing for such large assets?

BNP Paribas has a very strong credit culture relative to other wealth management players. This means that at BNP Paribas Wealth Management, we are not only knowledgeable in financing for complex equity transactions – such as superyachts, private jets, property – but we are also happy to support them with our own balance sheet.

The high calibre of our in-house credit structurers and our penchant for risk management mean our clients’ credit lines are supported by a bank that understands them.

How important is financial sustainability to the bank?

BNP Paribas has strategically and fully integrated the practice of sustainability into the very fabric of our organisation. We see sustainability as a driver of long-term, responsible business growth for both our clients and our franchise.

"There’s increased acceptance and understanding of sustainable and ESG investments among private clients."

“There’s increased understanding of sustainable investments among private clients.”

Helping clients, employees and stakeholders make a positive impact on the environment and the society is one of the pillars of BNP Paribas’ strategy. We are an early mover in championing sustainability and impact investing in all the group’s business lines.

BNP Paribas Group was proud to be named the world’s best bank for sustainable finance at Euromoney Awards for Excellence 2018, as it shows that our peers and the industry have recognised our efforts to instil a sustainable culture internally and at all levels of product and service delivery.

We’re also delighted that there’s increased acceptance and understanding of sustainable and environmental, social and governance (ESG) investments among private clients.

In fact, since 2016, the Wealth Management team and our clients have been key participants at BNP Paribas’ annual Sustainable Future Forum in Singapore, a top pan-Asia conference on sustainable finance which has gained prominence on the global stage not only for its relevance and influence but also because of the strong credibility of BNP Paribas as a host.

As a leading global private bank, BNP Paribas Wealth Management is conscious of the fact that the banking industry needs to play a part in forging green finance. And being a leader in financing yacht owners for over a decade and building an outstanding track record, we are at the forefront of making sustainability a key part of our value proposition.

How does this focus on green finance affect yacht-financing clients?

We have put in place special credit programmes to advance the agenda for financing environmentally-friendly yachts, with green certification and/or scientific research functionalities; owners who are willing to offset the carbon emissions of their yachts; and owners who are committed to invest their asset under management with BNP Paribas Wealth Management into positive impact funds.

We expect all product lines within BNP Paribas Wealth Management to champion sustainability among our clients. Our shipping and yacht financing team are also contributing actively, with innovative structures like positive incentive loans or to offset part of clients’ emissions by investing in low-carbon products.

These and many upcoming initiatives enable us to move a step further to support our planet. We have been a steadfast supporter of building the sustainability ecosystem in Asia through organising and participating in various industry initiatives and events, sharing best practices as well as increasing educational events to raise awareness. We shall continue to engage our clients on sustainability.

You’ve also teamed up with a leading environmental expert.

In Asia, we began a partnership last year with Craig Leeson, the award-winning film-maker, storyteller and environmental expert who, through his movie A Plastic Ocean, has brought into focus the perils of plastic pollution in our oceans.

What else should readers know about BNP Paribas Wealth Management?

One of our key competitive advantages is our ‘One Bank’ approach, an integrated banking model that offers clients a full range of investments, business solutions and family services, including wealth planning, trust and insurance referral and individual philanthropy.

What does the future hold for the Wealth Management division in Asia?

BNP Paribas Wealth Management Asia continues to be a key growth area for BNP Paribas Group. This year and beyond, we are embarking on projects to enhance our client service, development of sustainable revenue sources, empowerment of people, simplification of processes, talent management, discipline and efficiency, and delivering more value to clients from our ‘One Bank’ platform.

Arnaud Tellier is CEO, Asia Pacific at BNP Paribas Wealth Management and is responsible for defining and implementing the strategic objectives for the wealth management franchise in Asia. This position follows his most recent role as Head of Wealth Management, Singapore and Southeast Asia. He has held prior leadership roles as Head of Investment Services, Asia from 2015-2018 and CEO, BNP Paribas Wealth Management in Singapore from 2013-2015. Tellier has spent more than 20 years in capital markets and senior positions in Corporate and Investment Banking, as well as Wealth Management, across Europe and Asia. Tellier has held senior positions within the Group in London, Paris and Madrid. In 2002, he was appointed Regional Head of Corporate and Investment Banking – Northern & Central Europe and from 2006-2010, the CEO and Country Head for Greece. Tellier was Head of Corporate and Investment Banking for Turkey from 2010-2013.

 

The post BNP Paribas Wealth Management Focuses on ‘Green Yacht Financing’ appeared first on LUXUO.

Source : Luxuo More   

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