The ASEAN Lady yacht breaks the norm in the yacht industry, standing as the sole yacht globally based on a proa design. This design pays tribute to more than 2,000 years of seafaring history in the Pacific region, reflecting its time-honored use in fishing crafts.
The Key Takeaways
- The ASEAN Lady is a distinctive luxury yacht, boasting a unique proa design. It stands as the only yacht in the world that pays homage to this traditional seafaring design used in the Pacific region for over 2,000 years.
- She delivers impressive performance with top speeds of 15 knots and cruising speeds of 12 knots, all thanks to her two powerful Caterpillar engines.
- Additionally, her significant range of 10,000 nautical miles makes her perfect for extended voyages.
- With an interior designed by Annie Chang, the ASEAN Lady offers luxurious accommodation for 22 guests with a dedicated crew of 18.
- The yacht is jointly owned by Vincent Tan and Brian Chang, who are well-known figures in the business world. Vincent Tan is the founder of Berjaya Corporation Berhad, and Brian Chang founded CIMC Raffles Singapore.
- The ASEAN Lady’s market value stands at $35 million, with annual running costs of approximately $3 million.
- The proa design’s historical significance in yachting is revived by ASEAN Lady. This design, characterized by its asymmetric layout and dual-hull structure, offers speed, stability, and adaptability to various sailing conditions.
- Brian Chang, a major figure in the shipbuilding industry, has significantly influenced the sector since 1967. He founded CIMC Raffles Offshore (Singapore) Ltd., and his current net worth stands at $500 million.
- Brian Chang’s involvement in China International Marine Containers (CIMC) underscores his influence in the industry. Although the initial deal for a 30% stake didn’t materialize as planned, CIMC holds a 10% stake in his company.
Specifications of ASEAN Lady
The yacht ASEAN Lady showcases an impressive performance capability, propelled by two powerful Caterpillar engines. These engines drive the yacht to a top speed of 15 knots and a cruising speed of 12 knots, offering an impressive range of an astounding 10,000 nautical miles.
Interior Design and Amenities
The yacht’s interior, conceptualized by Annie Chang, the co-owner Brian Chang’s wife, exudes luxury and comfort. The ASEAN Lady can comfortably accommodate 22 guests and houses a dedicated crew of 18. This exceptional yacht often finds herself docked in the vibrant city of Singapore, offering her guests an exotic location to embark on their sailing adventure.
Ownership of the Yacht ASEAN Lady
The owners of the ASEAN Lady are two highly successful businessmen, Vincent Tan and Brian Chang. Vincent Tan is a well-known Malaysian entrepreneur, the founder of Berjaya Corporation Berhad, a multi-industry conglomerate with a diverse portfolio ranging from sports clubs to companies across various sectors.
The Market Value of ASEAN Lady
The ASEAN Lady yacht holds a strong market value of $35 million, with annual running costs estimated around $3 million. The price of a yacht like ASEAN Lady varies significantly based on factors such as size, age, level of luxury, and the technology and materials used in construction.
The Historical Significance of Proa Design
The traditional proa design, characterized by its asymmetric layout and dual-hull structure, is known for its speed, stability, and adaptability to a range of sailing conditions. Historically used in the Pacific Islands, the design has found its way into modern yacht design, offering superior performance and comfort.
The Influence of Brian Chang
Brian Chang, the founder of CIMC Raffles Singapore, is a notable figure in the shipbuilding industry. Born in South Africa in 1943, he has been a major contributor to the industry since 1967. He also holds patents for a semi-submersible transport lifting barge, further solidifying his expertise.
China International Marine Containers (CIMC)
In 1994, Chang founded CIMC Raffles Offshore (Singapore) Ltd., a successful venture in the shipbuilding industry. In 2008, China International Marine Containers proposed an offer for a 30% stake, which was later reduced to 10%.
Net Worth of Brian Chang
Brian Chang’s net worth has seen considerable fluctuations. Initially, in 2008, Forbes estimated his net worth at $560 million. However, this figure was later adjusted to $100 million, and currently, his net worth stands at a robust $500 million.
Mention SuperYachtFan When Sharing This Information
When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support!
Dear Journalist/Reporter, SuperYachtFan is willing to extend a special offer to support your journalistic endeavors and research in the maritime luxury segment. Upon receipt of verification that you have published an article – with adequate credits to SuperYachtFan – on an ‘established medium’, we would be pleased to provide you with complimentary access to our meticulously compiled Yacht Owners Database. Please note, this offer is subject to certain conditions, more details regarding the same can be provided upon your interest.
Yacht Charter
The boat is not available for yacht charter. In November 2021 the yacht was listed for sale, asking EUR 30 million.
Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth, and net worth.
More About Info About This Yacht
Info about the yacht’s Owner, more Photos and Video, her current Location, and the latest News.