18 Sep '11, 1am

The super-rich elite are splashing out on super yachts and dropping anchor on Singapore's shores

Over the next few months, they will silently stream into shore off the surf of the South China Sea. Gleaming, brand new super yachts totalling tens of millions of dollars will dock in Singapore. The arrival of this latest fleet of power boats will confirm the island's status as one of South-east Asia's top boating hubs. With its multiple marinas and fast-growing reputation as one of the world's best equipped cities, Singapore is fast becoming the destination of choice for the super-rich jet set to moor their vessels in Asia. Spearheading the drive to sell ocean dreams to wealthy business people with a sense of adventure is Mr Paul Whelan of Simpson Marine. Simpson Marine has offices all over the world but it is Singapore which is showing the clearest signs of a boat boom over the past six months. He explains: "Boats seem to be getting bigger and bigger, so there's a lot of...

Full article: http://www.todayonline.com/Columns/TheFinerLife/EDC110918...

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