26th edition of the Monaco Yacht Show signals the end of a highly successful 2016 summer superyacht season
Making the most out of the late summer sun, 125 of the world’s finest superyachts took up position alongside nearly 600 exhibiting companies in Monaco’s famed Port Hercule, readying themselves for yet another eventful Monaco Yacht Show. With no introduction needed to such a stalwart member of the annual yachting calendar, the difficult task of how to better the show fell on Managing Director Gaëlle Tallarida and her dedicated team, who plan the evolution of the show years in advance. When comparing the 31 yachts displayed during the first edition in 1991, to the 40 new build vessels who made their world debut at the 2016 show, the dichotomy in size, technology, and quality speaks for itself.
Among those new yachts quite literally making waves within the industry was the highly innovative 46m M/Y Genesi, the inaugural yacht from Italian firm Wider, who was awarded most eco-friendly superyacht during the first Monaco Yacht Show Gala Party awards. The project, first announced in 2011 by the Chairman and CEO of Wider, Mr. Tilli Antonelli, focused on building a superyacht which could run on diesel electric power – an ‘innovation’ actually over 100 years old, but whose benefits in the yachting industry are only now being appreciated. Her imposing lines and air of evolutionary engineering certainly made her one of the most popular choices for visit during the 4 days.
This theme of ‘innovation’ was a major feature for the organisers also, seeing the inauguration of the Monaco Yacht Show Car Deck; bringing together two industries so intertwined showed the increased focus on attracting potential new yacht owners from other luxury industries. Indeed, prestige cars on show included the stunning Huracan LP 610-4 Spyder from Lamborghini, and the undeniably glamorous Rolls-Royce Dawn, with superyacht owners of a more discreet disposition attracted by the range of armored cars on show from Centigon France, turning anything from a Range Rover to a Mercedes S550 into some of the safest vehicles on the road.
Out of the 34,000 or so visitors who pounded the quays of Port Hercule, it was the owners and potential owners of superyachts that the organisers (and of course, exhibitors!) really wished to target this year. Following on from the success of the Monaco Yacht Summit first held in 2013, this year’s revised format proffered a series of topical seminars for a limited and exclusive audience of HNWI.
Parties abound during the course of the show with the various yards and brokerages competing for the attention of existing and potential clients, the yachts gaining further buoyancy from the champagne-filled Port!
As one of the world’s smallest countries hosting one of the world’s largest superyacht shows, with each edition bettering the last, we’re already looking forward to see what 2017 brings.