Fraser Significantly Increases Its Presence In Asia

Raphael Sauleau, CEO of Fraser, commented Asia is an increasingly important and growing market for Fraser and we are seeing the region become ever more popular as a yachting destination. As the infrastructure and regulations improve we want to be in a key position to respond to the growing local demand.''

The new offices will be managed by Eric Noyel, CEO of Asiamarine Hong Kong, Philippines, Indonesia and Vietnam and Vincent Tabuteau, CEO of Asia Marine Thailand. Both have extensive experience in the superyacht market and manage expert teams of diverse nationalities who have built up a loyal clientele in the region.

The five new offices join the already existing Sydney and Singapore Fraser offices in the Asia Pacific Region. Raphael added, Asia Marine's well established and wide network of offices made them an obvious choice to help expand our presence in the region. They are awardwinning companies with a good range of yachts available in the area and we look forward to working closely with them to offer our services to new and existing clients.''

Eric Noyel, CEO of Asia Marine commented We are delighted to be joining forces with such a wellknown brand as Fraser, our highly experienced sales, charter and management teams will be able to combine their local knowledge with that of the experts at Fraser and offer the best service to all of our clients.''

Over the years we have seen an increasing number of superyachts visiting Phuket where many are now based permanently'' said Vincent Tabuteau, CEO of Asia Marine Thailand. We are enchanted and honoured to be associated with Fraser for the future development of the superyacht market in Thailand and also the promotion of Fraser's yachts in other worldwide destinations.''

Fraser already has a substantial number of clients in the region and a number of yachts regularly cruising the area. These new offices, along with the existing bases in Singapore and Sydney will help support these yachts and penetrate the market further.