SUTL Enterprise to tap Hainan's yachting scene

Singapore

SUTL Enterprise, under its ONE15 brand, is beefing up the luxury yachting and cruising scene in Hainan that currently has empty marinas, and plans to introduce a more Asian palette in its venture into Europe.

On Tuesday, the developer, operator and consultant of integrated marinas signed a memorandum of understanding (MOU) with the Hainan Cruise & Yacht Association to expand Hainan Island's yachting, cruising and maritime industry.

Calling Hainan the "Hawaii of China", Arthur Tay, executive director and CEO, SUTL Enterprise, told The Business Times in an exclusive interview that despite the big amount of infrastructure avai…