Key annual event of the yachting industry, the Monaco Yacht Show, took place from 25 to 28 September this year. Traditionally, it featured the most impressive fleet of acclaimed superyachts and new-builds, even attracting a record-breaking number of exhibitors this year. The largest number in the show’s history, 600 companies came to energize the yachting market, drawing an encouragingly vast and committed clientele to the show.
Check Yacht Harbour’s list of the TOP 10 most impressive superyachts seen at the MYS 2019’ edition here.
The organisers report, after the 29th edition of the MYS, feedback from the exhibitors is pragmatic and positive: although the market could be stronger, positive signs are to be noted, including the higher number of private visitors present at Monaco’s Port Hercule this year. Furthermore, several sales deals have been closed after the show, such as 67-metre Heesen superyacht Project Sparta for 2023 delivery or 125-metre Project Jag signed by Lürssen.
The MYS private concierge service invited over 211 VIP visitors (compared to 150 in 2018), linking them up with the show’s exhibitors and triggering over 50 yacht visits. The majority of the potential clients came from the USA, Russia, the UK, China and India. According to the exhibitors’ feedback, the definite trend in visitor profile comprises a broader range of countries and a wider age bracket.
During the major event in the world of luxury yachting, some of the latest superyacht projects, technologies and joint ventures have been unveiled by the leading yards. The list of premiered concepts included among others Falcon Rig Gallery by Perini Navi or 70-metre superyacht project S702 by Tankoa.
Bringing together some of the most outstanding vessels, the show increased in attendance this year by the albeit slight (31,565 visitors compared to 30,400 in 2018).
This year’s edition of the MYS showcased 125 superyachts with an estimated total worth of around €4 billion, the most impressive fleet of vessels ever to be presented there. The superyacht exhibition included 44 new models and 14 megayachts over 70 metres in length, not to mention the 111-metre TIS and the 106-metre Amadea. Although the average length remained stable at 49.5m, the average price for a motoryacht exhibited at the show reached €37.8 million this year.
600 participating companies occupied a large section of Port Hercule, split into different themed areas. Yacht builders, brokers and designers set up their stands on the quaysides, close to their yachts. Tender and water toy manufacturers showcased no fewer than 55 pieces of equipment, with half of them presented for the first time. Their stands were mainly situated on the port’s Quai Antoine Ier, where the yacht show’s Car Deck displayed 30 collector or custom-built cars and motorbikes.
The show’s many nautical equipment manufacturers and country pavilions were set up in tents on the port’s Darse Sud and Quai Albert Ier. The Parvis Piscine tent was dedicated to luxury products and services, with a fully revamped Upper Deck Lounge, reserved for the show’s partners from the luxury industry, spanned over 2 floors.
On the eve of the MYS, 4 prizes were awarded at the 6th Monaco Yacht Show Superyacht Awards ceremony. The list of winners comprised three vessels. The 64-metre Sanlorenzo flagship superyacht Attila received the MYS/RINA Award for her design that complies with the environmental standards established by RINA. The brand new Lürssen superyacht TIS picked MYS Interior Design Award. Last but not the least, the 80-metre Abeking & Rasmussen Excellence won two prizes, the MYS Exterior Design Award, and the ceremony’s most prestigious award, the MYS Finest New Superyacht Award.
The release expresses:
The 2019 MYS carried a note of optimism, supported by its exhibitors' commitment to showcasing their finest products and services and by an increasingly varied final-client profile. The date has been set for next year’s event to confirm this positive trend on the Monaco Yacht Show’s 30th anniversary.
Spanish marina operator Ocibar has entered its first international venture by acquiring a 25% stake in Marina d'Arechi, a major Italian marina located in Salerno. The facility, developed and operated by the Gallozzi Group, offers 950 berths for vessels from 10 to 100 meters, along with winter storage and maintenance services.Antonio Zaforteza, CEO of Ocibar, stated: “Marina d’Arechi is one of the great examples of success in marina development in the Mediterranean and still has significant growth potential. Our alliance will further enhance this marina and integrate it into a unique value proposition for its customers and those of the various Ocibar marinas.”Ocibar, which manages marinas in Tarragona, Mallorca, Ibiza, and Valencia, sees the investment as part of its Mediterranean expansion strategy. The Gallozzi Group, active in shipping and port operations since 1952, welcomed the partnership.Agostino Gallozzi, CEO of the Gallozzi Group and Marina d’Arechi, said: “We had contemplated expanding the shareholder base of Marina d’Arechi and are very happy to have Ocibar joining us with a 25 per cent participation, based on shared values and principles of business ethics. Our partnership will propel Marina d’Arechi into a new phase of development.”Planned upgrades include berth expansion, infrastructure improvements, and the construction of a hotel to support Salerno's tourism initiatives.Credits: Marina d'Arechi
April 18, 2025
GB Marine Group, the parent company of Grand Banks and Palm Beach Motor Yachts, has named Lynn Fischer as its new Global Chief Marketing Officer. The appointment follows recent expansions, including a 114,000-square-foot factory upgrade, and aligns with the company’s focus on brand growth and owner services.Fischer, previously Chief Marketing Officer at private aviation firm Vista, brings experience in luxury and premium brand strategy. In her new role, she will oversee marketing, brand development, and customer engagement for GB Marine Group’s yacht brands.Lynn Fischer“GB Marine Group is not only a heritage builder – celebrating nearly 70 years of Grand Banks Yachts and 30 years of Palm Beach Motor Yachts – it's a company at the forefront of next-generation yachting,” said Fischer. “From its ocean racing-inspired manufacturing approach that redefines performance and fuel efficiency, to its use of advanced technology and materials, GB Marine Group is pushing the boundaries of what's possible on the water.”CEO Mark Richards stated, “We are thrilled to welcome Lynn to the GB Marine Group. Her deep expertise in building aspirational brands and delivering personalized client experiences will be instrumental as we bring even more exciting new products to market, expand our global footprint, and evolve our factory-direct strategy.”Fischer’s responsibilities will include brand strategy, digital marketing, global campaigns, and enhancing owner experience programs. The move comes as the company prepares new product launches and expands its factory-direct sales model."GB Marine Group owns and operates three premium yacht brands: Grand Banks, Palm Beach Motor Yachts, and Eastbay YachtsCredits: GB Marine Group
April 18, 2025
Itama has introduced the Itama 54, a new 16.44-meter open cruiser designed to enhance onboard comfort and living space while retaining the brand’s signature style. The model, presented at boot Düsseldorf, marks Itama’s return to the 50 to 59-foot segment.Developed by the Ferretti Group Product Strategy Committee and the Group’s Engineering Department, with exterior and interior design by Tommaso De Luca, the Itama 54 features a streamlined aesthetic with functional innovations. The exterior includes a forward sun pad integrated into the deck and a redesigned transom that provides 1,800 liters of storage for water toys. Access to the bow has been relocated to the starboard side for improved convenience.The deck layout prioritizes comfort, with a large aft sun pad and a dual-cockpit design. The main cockpit includes a convertible dining area, while a second cockpit behind the windscreen offers a sheltered relaxation space. Both are served by a portside bar unit. The helm station features an ergonomic seat and a floating dashboard.Below deck, the Itama 54 accommodates two cabins, two bathrooms, a galley, and a dinette. The master cabin includes a central bed with storage, while the guest cabin offers a choice between a queen-size bed or bunk beds. Interior materials include wood, leather, and fabric, emphasizing simplicity and functionality. Side glazing runs the length of the hull, contributing to a modern silhouette.The yacht is powered by twin MAN i6-730 engines (730 HP) as standard, delivering a top speed of 33 knots and a cruising speed of 28 knots. An optional upgrade to MAN i6-850 engines (850 HP) increases performance to 37 knots top speed and 33 knots cruising speed (preliminary data).The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credits: Ferretti Group
April 18, 2025
Camper & Nicholsons announces the establishment of its fourteenth office in Viareggio, Italy. This strategic move underscores the company's ongoing dedication to maintaining leadership in yacht construction and design.Located within one of Europe's premier yacht-building hubs, the new facility will focus on new-build sales, refitting services, and comprehensive project management. It symbolizes Camper & Nicholsons' evolving approach to yacht design, aiming to set new benchmarks for creative innovation and superior craftsmanship.According to Paolo Casani, CEO of Camper & Nicholsons, “The rising demand for new builds and project management necessitated establishing a specialized presence to enhance client service delivery. The Viareggio office provides an advanced structure guiding owners throughout all stages of yacht creation, from concept to completion.”Led by Daniela Duck, Managing Director of Camper & Nicholsons Italy, the office aims to cater to the expanding market for customized yacht solutions. Beyond conventional sales and project oversight, the Viareggio branch envisions becoming an inspirational space where clients engage directly in the design process, shaping their visions collaboratively with experts.Additionally, Camper & Nicholsons is pioneering novel digital tools to streamline and elevate the design phase further. This innovative initiative reinforces the company's reputation for pushing boundaries in yacht engineering and aesthetics.With its latest venture, Camper & Nicholsons seeks to usher in a transformative period for yacht development, blending tradition with modern technology. The firm welcomes stakeholders and enthusiasts alike to join in creating the next wave of exceptional vessels.Credits: Camper & Nicholsons
April 17, 2025
U-Boat Worx's submarines aboard Viking and Seabourn expedition vessels are transforming marine exploration, enabling unprecedented discoveries and advancements in oceanography. Powered by state-of-the-art technology, these submersibles facilitate detailed observations and data collection in previously unreachable marine habitats.Recent highlights include the rare documentation of the giant phantom jellyfish (Stygiomedusa gigantea) in Antarctica, marking the first publication of such findings by a cruise line. Other achievements encompass exploratory dives in the Great Lakes, leading to extensive surveys of historic shipwrecks. Most notably, Seabourn Pursuit located the long-lost Titania, a German supply vessel, which had remained undiscovered for over a century.Equipped with sophisticated instruments capable of diving to 300-meter depths, these submarines enable researchers to assess marine biodiversity, evaluate climate change effects, and monitor delicate ecosystems. Their presence aboard Viking and Seabourn ships underscores the synergy between luxury travel and scientific progress, setting a precedent for environmentally conscious exploration.Torstein Hagen, Chairman and CEO of Viking, emphasized, "Every voyage provides opportunities for scientific discovery… Our expedition vessels and scientists have already contributed to research that might not have been possible otherwise." Similarly, Robin West, VP and GM of Expeditions at Seabourn, highlighted the company's dedication to pioneering exploration: "These experiences are a testament to the spirit of expedition... taking guests to places where no other human has ever ventured."By integrating luxury with scientific rigor, Viking and Seabourn exemplify how maritime exploration can yield valuable insights, enhancing global awareness of marine ecosystems and advancing efforts toward sustainable conservation.Founded in 2005, U-Boat Worx leads the global market in designing and manufacturing submersibles for private, research, and cruise industries. With over 60 operational units worldwide, the company prioritizes safety, performance, and comfort, continuously innovating underwater exploration technologies.Credits: U-Boat Worx
April 17, 2025