Skip to main content

Confirmed: Monaco Yacht Show to Be Held

Monaco

Together with the Principality of Monaco, Informa said that the Monaco Yacht Show will be held September 23-26 but as a non-for-profit event, with proceeds to benefit the recovery of the yachting industry following the covid-19 pandemic.

Last week, both the Superyacht Builders Association and Large Yacht Brokers Association pulled out of the Port Hercule event, citing safety concerns and costs.

However, organizers decided to push forward.

With control measures being steadily relaxed throughout Europe and builders go back to full production, the show will serve as an “invaluable platform for designers, brokers, shipyards and other key players within the yachting industry to connect with their customers and share ideas in a safe environment,” Informa said in a statement.

Full details will be announced in the coming weeks.

Charlie McCurdy, chief executive of Informa Markets explained why they have decided to go forward with the show: “As we move to the other side of the pandemic, all parts of the industry need to work collaboratively to ensure a speedy return and recovery. We are playing our part by hosting a not-for-profit Monaco Yacht Show in 2020, providing an opportunity for the community to come together, share ideas, meet with customers and start to rebuild positive momentum.”

Informa said that they have adopted health and safety measures that set “the highest levels of hygiene and safety…providing everyone with reassurance and confidence they are participating in a safe and controlled environment.”

Organizers are working closely with the Principality of Monaco, who recognize the financial impact the pandemic has had on an industry that consider Port Hercule an important, international destination.

“It is the responsibility of the Monaco Government to do everything we can to help businesses and industries recover quickly,” said Monaco minister of finance and economy Jean Castellini. “In this spirit, we are working with Informa to finalize details of the 2020 Monaco Yacht Show, which will prioritize the health and safety of all participants, whilst providing direct support to the international yachting community, ensuring it can connect with customers and accelerate the recovery of what is an increasingly important industry for the region.”

Related

1_RIGHWHALES

Industry Pushes Back Against Speed Restrictions

A NOAA Fisheries proposal would restrict boats 35 feet and larger to a 10-knot speed limit along the East Coast to protect right whales from vessel strikes.

4_MAGONIS

Magonis Opens Connecticut Office

The Spain-based, electric-boat builder offers an 18-footer that’s available with motors from Torqeedo and Mag Power.

01_YOUTH.FISHING

Bill Seeks to Increase Youth Fishing

The bipartisan Coastal Fishing Program Act of 2022 would ease barriers to accessing the outdoors in underserved communities.

Norm

Fall Is in Full Swing

With the autumnal equinox ushering in a new season today, the fall boat-show circuit is in high gear. Here are some recent reports and a look at what’s to come.

3_MANUFACTURER.CONFIDENCE

Manufacturer Confidence Drops

Still, U.S. builders remain largely optimistic despite ongoing constraints with the supply chain and workforce, as well as yesterday’s interest rate hike.

1_TEMO.DEFENDER

Defender Adds TEMO Electric Boat Motor

Defender Industries is the official U.S. dealer for the French company’s lightweight, portable electric motors.

2_TWIN.DISC.BELGIUM

Twin Disc Sells Belgium Facility

The transmission manufacturer is still using the facility in a leaseback transaction as it looks to reduce costs.