Stakeholders discuss benefits of super yacht business to Seychelles

In their drive to get the Seychelles authorities to better understand the Super Yacht Business, Hunt Deltel & Co Ltd and Speedy’s Yacht Management joined forces to present this niche market and its benefits to Seychelles.

Recently, the two shipping companies invited the Minister for Tourism and Culture Alain St Ange, principal secretary for tourism Anne Lafortune, the chief executive of the Seychelles Ports Authority (SPA) Colonel Andre Ciseau and the chief executive of the Seychelles Maritime Safety Administration (SMSA) Captain Joachim Valmont to join them on a short cruise onboard the super yacht Silver Angel.

“The purpose of the cruise was to familiarise the authorities with the industry and the benefits it offers to the Seychelles economy, notably the high per capita expenditure,” said a representative of Hunt Deltel & Co Ltd.

Christophe Hoareau, the chief executive of Hunt Deltel & Co Ltd took the opportunity of the cruise to do a power-point presentation and then to discuss possible amendments to legislations which may improve Seychelles’ competitiveness in the industry, and the improvements in the facilities required. “Historically, an average of a dozen such vessels visit Seychelles annually. However it is hoped that this figure will be doubled. The Eden Island Marina today offers world-class facilities to suit the expectations of this niche market and can berth vessels of up to 126m in length,” said Mr Hoareau.

On his part Minister St Ange said it was interesting to listen to those involved in that Super Yacht Business.

“It is very clear that more can be done to attract more of that business to our shores. We understand that there are only some 4,500 such vessels in the world that are registered for charter and we appreciate that Seychelles remains an ideal destination to have such vessels especially during the European winter periods. As facilitators for the private sector we shall work with those involved to see how we can help grow that business,” said Minister St Ange

Also on board was Mike King-Harman, a director of Hunt Deltel & Co Ltd; Gonzagues and Christian Larue of Speedy’s Yacht Management; Isabelle Adrienne, the PR & marketing executive at Hunt Deltel & Co Ltd and other officials from both shipping companies.

A second presentation has since been done to the Minister for Finance, Trade and the Blue Economy Jean-Paul Adam and his team.