In the realm of maritime luxury, the quest to offer yacht charter guests the perfect night's sleep has become an art form, one which luxury bed and linen supplier, CC Design, has fully committed to.
Australian shipyard SilverYachts has announced a strategic partnership with China Zhongwang Holdings, making the Chinese firm the new majority stakeholder of the Perth-based yacht builder. The amount paid by China Zhongwang, the world’s second largest aluminium manufacturer, remains undisclosed.
The deal is of significant benefit to both parties, as SilverYachts look to establish an additional shipyard in China to build superyachts for the Asian market and China Zhongwang hopes to expand its presence in the high-end marine sector.
Guido Krass, founder of SilverYachts, commented, “The partnership with China Zhongwang marks the start of an exciting new era for SilverYachts. Having China Zhongwang on board will allow us to continue to create and build innovative aluminium superyachts for the world market.”
The day-to-day running of SilverYachts will remain unchanged and managing director Dave Woods continues to lead the brand’s development.
Mr. Lu Changqing, president and executive director of China Zhongwang, said, “We are delighted to join hands with SilverYachts to navigate the high-end marine sector at full speed. The acquisition is a significant step for China Zhongwang to become an active player in the high-end marine segment, and adds considerably to our international expansion.”
Meanwhile, SilverYachts is currently hard at work building the 85m Silver Loft, an 85m world-explorer motor yacht.
For more information, visit SilverYachts and China Zhongwang.
In the realm of maritime luxury, the quest to offer yacht charter guests the perfect night's sleep has become an art form, one which luxury bed and linen supplier, CC Design, has fully committed to.
A jacket completes any crew member's uniform so it's an important garment to get right. In this Tried & Tested, Sea Design pits eight popular jackets against one another to determine which one is best for superyacht crew in 2023.
iAQUA creates high-performance, technologically advanced underwater scooters. In this Tried & Tested, a team of experienced testers have rated and reviewed the AquaDart Pro and AquaDart Nano series to reveal the stand-out iAQUA sea scooter.
In the wake of ongoing attacks on merchant shipping in the Gulf of Aden and Red Sea, maritime authorities are urging pri...
The Yachting Pages Delivers team are embarking on their first distribution of 2024, hand-delivering our iconic pink pack...
Search our industry-leading directory for over 20,000 superyacht suppliers, providers and marinas.
Search now