INTERNATIONAL Marine News
SYF 2024 presents leading yacht brands and unveils a refreshing lifestyle festival market
Returning after a highly successful inaugural event in 2023, the Singapore Yachting Festival (SYF) will take place from 25th - 28th April 2024 at ONE degrees15 Marina Sentosa Cove. The 4-day event will showcase spectacular yacht displays and stunning entertainment. With a concerted effort to showcase the full spectrum of the unique yachting lifestyle, the 2024 edition will launch a Lifestyle Festival market; visitors can expect experiential activities, pop-up lifestyle stalls, demonstrations, live music, roving entertainment and much more.
Mr Arthur Tay, SUTL Enterprise CEO and Executive Director, said, “ONE degrees15’s acquisition of the Singapore Yachting Festival signifies a transformative journey towards elevating our brand influence in the marine industry. With curated unique experiences, SYF aligns seamlessly with our vision to propel yachting into a lifestyle embraced by a discerning, aspirational audience.”
Record deliveries could push container fleet above 30 million TEU in 2024
In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten in 2024. As 2023 saw a relatively low level of container ship recycling, new ships entering the fleet caused an 8% rise in the capacity of the container fleet, the fastest growth registered since 2011. Ships larger than 15,000 TEU continued to dominate deliveries and the segment grew 28% after 1.3 million TEU were delivered in 2023.
In 2024, 478 container ships with a capacity of 3.1 million TEU are scheduled for delivery, beating the 2023 record by 41%. The container fleet capacity is therefore expected to grow by 10% in 2024.
Recycling of ships is expected to increase in 2024 but the fleet could still grow by nearly 2.8 million TEU and by end 2024 exceed 30 million TEU for the first time in history.
Another 83 ships larger than 15,000 TEU are expected to be delivered in 2024, adding 1.4 million TEU to the segment’s capacity and doubling its capacity in just four years.
Wider launches its first
hybrid catamaran Image credit: Wider Yachts
Wider, the Italian yacht builder based in Fano, has launched the first unit of its hybrid catamaran, WiderCat 92. The 28-metre composite catamaran integrates Wider’s hybrid propulsion system, with twin electric motors delivering 500kW each to the thrusters and two 349kW variable speed generators for electrical energy production.
The system’s heart is the yacht’s n°30 LiFePO4 (Lithium-Iron Phosphate) batteries, managed by a battery management system to facilitate intelligent charge balancing. Wider says the generators aboard WiderCat
92 operate at minimum power consumption, allowing cruising in ZEM (Zero Emission Mode) with a 27-nautical-mile range at 6 knots in complete silence or a 14-hour autonomy on battery power at anchor.
Additionally, 150 m2 of solar panels ensure energy self-sufficiency at anchor, with any excess energy stored in the batteries for nighttime use.
10 | ISSUE 107 | MAR 2024 | THE REPORT
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