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Asia Yachting Merges With Superyacht Brokerage BlackOrange

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BY APB Staff on 5 Sep 2023

BlackOrange, which is now part of Asia Yachting Group, will continue to operate as a standalone brand

Asia Yachting CEO Olivier Besson & BlackOrange Director Greg Gheraia

Asia Yachting CEO Olivier Besson (left) and BlackOrange director Greg Gheraia

Hong Kong-based brokerage firm Asia Yachting has merged with BlackOrange, a full-service charter and brokerage company specialising in superyachts over 30m.

Asia Yachting is a private yacht dealership and brokerage based in Hong Kong with a presence throughout Asia. The company services cover new boat ownership, pre-owned brokerage, yacht management and related yachting services, with a portfolio including Monte Carlo Yachts , Prestige , Fountaine Pajot and Nautique across the region.

BlackOrange is a boutique brokerage company specialising in superyachts, ranging from 30 metres to over 155 metres in length. With a global presence, the company offer sales, charter, and management services. The firm also serves as the exclusive dealership for Admiral Tecnomar Yachts, presenting the Italian Sea Group in the Middle East.

In their new partnership, Asia Yachting and BlackOrange say they wish to expand their superyacht brokerage business to new horizons.

“BlackOrange is a dynamic independent company with megayacht sales and charter business that, when partnering with Asia Yachting, will allow us to accelerate our strategic growth plans,” says Olivier Besson, founder and chief executive of Asia Yachting .

READ: Covid-19 has changed Hong Kong yacht buyers: Olivier Besson

Greg Gheraia, director of BlackOrange , adds: “Taking this step will make us even stronger and more effective in ensuring our clients’ best interests. Join us at the upcoming yacht shows in Cannes and Monaco to witness the first wave of our exciting new developments.”

BlackOrange, which is now part of Asia Yachting Group , will continue to operate as a standalone brand, with Gheraia remaining at the helm.

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If you’re considering acquiring new yachts for sale in Singapore, Thailand and other locations in Asia, trust Boat Lagoon Yachting to provide the brokerage and yachting services you need for private or corporate ownership. Contact Boat Lagoon Yachting and discover how easy it is to realise your dream of setting sail on the tropical waters of Southeast Asia aboard a luxury yacht.

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Online brokerage webull targets young asian traders ahead of nasdaq ipo.

Online trading platform Webull, set to go public through a US$7 billion special-purpose acquisition company (SPAC) deal this year, is gearing up to capture a new wave of individual investors in Asia as it intensifies its global expansion efforts.

The company aims to ride its success in the US market to vault to the top ranks of trading platforms worldwide, according to Anthony Denier, Webull's group president.

"We want to bring the success we've had in the US, the lessons we've learned, and the customer-experience tools we've developed to the global market," Denier said in Hong Kong.

Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.

"My vision is that over the next two years, our brokerages will be ranking among the top three brokers in every country" where the company already has a presence, he added.

Founded in 2016 by former Alibaba Group Holding and Xiaomi employee Anquan Wang, Webull offers zero-commission trading services for retail investors, and operates in 15 markets in Asia, Latin America and Europe. It is affiliated with Chinese holding company Hunan Fumi Information Technology. The firm saw its popularity surge during the meme-stock frenzy in 2021, and accumulated 4.3 million funded accounts by the end of 2023, with US$8.2 billion of customer assets.

In February, Webull announced that it had reached a merger agreement with blank-check company SK Growth Opportunities to list its shares on the Nasdaq through a SPAC deal. The company has been profitable for the past two years, making it an opportune time to go public, Denier said.

The IPO, expected to raise US$100 million, is projected to value Webull at US$7.3 billion, according to the prospectus.

"Once we're public, we will not only have access to capital, but it will also give our customers more confidence in who we are in terms of our scale, size and dependability, which will help us get to that top three mark," he said.

While the US currently accounts for most of its business, Webull plans to diversify its revenue streams over the next two years. "The plan is for the US to represent only 50 per cent of revenue, with the rest coming from everywhere else," Denier said.

Southeast Asia is a key region the brokerage wants to focus on, because it has a young, mobile-savvy population. One of Webull's key features, an in-app forum where users can exchange their market views, could help young investors to build an online trading community and "democratise ideas", Denier said.

Anthony Denier, group president and US CEO of Webull, photographed in Tsim Sha Tsui on August 15, 2024. Photo: Xiaomei Chen alt=Anthony Denier, group president and US CEO of Webull, photographed in Tsim Sha Tsui on August 15, 2024. Photo: Xiaomei Chen>

"I think Southeast Asia presents a great opportunity to take a lot of market share, because the competition is less intense than it is for developed markets," he said. "There's a lot more opportunity to not only be first to market, but to offer a product and platforms."

But the sailing may not be entirely smooth. Webull has faced scrutiny over its Chinese ownership as geopolitical tensions between Beijing and Washington rise.

In April this year, the attorney general for the US state of Indiana initiated a multi-state inquiry into whether the company may have exposed clients' personal information to the Chinese government.

"Is it a concern? It is," Denier said. "Everything is a concern. But has it impacted us? No."

Webull operates each brokerage locally, with customer information in the US strictly stored there, he said. "There is no one outside the US that has access to any US customer information."

Being a publicly traded company will provide clients with more transparency and confidence in the company, which is one reason Webull is pursuing the IPO, Denier said. The conversations the company is having with regulators are going "very well", and the firm is looking to complete the listing this year, he added.

This article originally appeared in the South China Morning Post (SCMP) , the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved.

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This charming single-story home is located in the highly coveted Snell Isle, a place where elegance and tranquility converge. Offering a fantastic opportunity for anyone looking to live in one of the most desirable neighborhoods in the Tampa Bay area, this residence is a blank canvas for your imagination. Whether you’re a young professional eager to move in or someone seeking to update the home to your personal style, this property presents limitless potential. The home boasts four spacious bedrooms and two well-appointed bathrooms. The open floor plan creates a seamless flow between the living room, dining room, and kitchen, making it ideal for both everyday living and entertaining. A bonus room without a closet provides additional flexibility—perfect as a home office, playroom, or guest space. The home is also equipped with modern conveniences such as central air conditioning, energy-efficient appliances, and connected utilities like cable and water. Situated on a corner lot in a peaceful, beautifully landscaped area, the property offers 0.22 acres of outdoor space. The lot's prime location near a golf course and marina provides plenty of leisure opportunities just minutes from your doorstep. While there’s no pool on the property, there’s ample space for one if you wish to create your own private oasis. The outside area features a charming patio and built in grill, perfect for morning coffee or evening relaxation. The two-car garage provides additional storage and convenience with a side-facing entry, adding to the home’s overall curb appeal. In addition to its many features, the home’s location places it just minutes from Downtown St. Petersburg and the iconic Vinoy hotel, offering easy access to some of the finest dining, entertainment, and waterfront activities the area has to offer. You’ll also be surrounded by prestigious schools and the renowned yacht club, solidifying this location as a prime spot for growing families and professionals alike. Here’s your chance to make this home your own in one of Tampa Bay’s most desirable locales. Whether you're ready to move right in or eager to infuse your personal touch, this Snell Isle gem is waiting for you.

Built in 1964

Price Summary

$482 per Sq. Ft.

Last Updated:

Rooms & Interior

Total Bedrooms:

Total Bathrooms:

Full Bathrooms:

Living Area:

1,866 Sq. Ft.

Building Area:

2,326 Sq. Ft.

Year Built:

Lot Size (Sq. Ft):

Finances & Disclosures

Price per Sq. Ft:

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Azimut

Azimut Grande 32 Metri

Mega yachts.

2 x 2200 horsepower

Experience Unparalleled Luxury with the Azimut Grande 32 Metri

Step aboard the epitome of maritime elegance, the Azimut Grande 32 Metri. This exceptional yacht combines cutting-edge design with innovative engineering, setting a new standard for luxury sea travel. With its sleek, dynamic lines and expansive living spaces, the Grande 32 Metri offers an unrivaled yachting experience.

Designed by the renowned Stefano Righini, the Grande 32 Metri’s exterior is a masterpiece of modern nautical aesthetics, boasting a striking profile that commands attention. The interior, crafted by Achille Salvagni, features a contemporary layout with bespoke furnishings, creating an atmosphere of sophisticated comfort. Panoramic windows flood the spaces with natural light, offering breathtaking views of the open sea.

Offering accommodations for up to 10 guests in 5 luxurious staterooms, each suite is a haven of comfort and elegance, providing the perfect retreat after a day of sun and sea. The master suite, positioned for privacy, includes a king-sized bed, en-suite bathroom, and walk-in closets, ensuring a luxurious stay.

Powered by twin MTU engines, the Grande 32 Metri achieves impressive speeds while ensuring smooth and efficient cruising. Its innovative D2P® hull reduces fuel consumption and increases comfort at high speeds. The yacht also features advanced navigation and safety systems, providing peace of mind during your voyages.

The Azimut Grande 32 Metri is designed for entertainment and relaxation. The expansive flybridge, equipped with a Jacuzzi, sun pads, and dining area, is perfect for alfresco entertaining. The beach club at the water’s edge transforms into a delightful area for relaxation or water sports, making every moment aboard an indulgence.

The Azimut Grande 32 Metri is more than a yacht; it’s a lifestyle. Whether cruising the azure waters of Asia or exploring remote islands, she offers an unmatched level of luxury, performance, and comfort. Discover the extraordinary – embark on your journey with the Azimut Grande 32 Metri.

For inquiries and to arrange a viewing, please contact us. Embrace the art of sea living and make the Azimut Grande 32 Metri yours.

Disclaimer The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

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