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Cornering the market? Charter yacht operators fear price hikes if SUTL acquires Marina at Keppel Bay

They say proposed purchase will leave them with no practical alternatives for berthing to serve popular charter route

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Derryn Wong

Derryn Wong

Published Thu, Mar 26, 2026 · 02:47 PM
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    • If SUTL Enterprise acquires Marina At Keppel Bay, it would become the largest owner-operator of integrated marinas in Singapore.
    • If SUTL Enterprise acquires Marina At Keppel Bay, it would become the largest owner-operator of integrated marinas in Singapore. PHOTO: KEPPEL BAY

    [SINGAPORE] Yacht charter operators said that the proposed acquisition of Marina at Keppel Bay (MKB) by SUTL Enterprise would give the group control of the two key marinas used to serve the popular chartered trips to the Southern Islands.

    SUTL already owns and operates One°15 Marina Sentosa Cove in Singapore.

    This will allow the company the latitude to raise prices, which could increase cost pressures for an already-strained industry.

    Maritimeyachtsutl enterprise

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