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The 21st Monaco Yacht Show hailed a success by industry insiders

Once again the internationally famous and glitteringly gorgeous Monaco Yacht Show has been hailed a success with more than 100 superyachts lining the dock for the event.

Around 28,200 visitors, slightly up on last year’s attendance, came to view superyachts from 25 to 86 metres. This year’s large yacht line up included: Steven Spielberg’s Seven Seas (86m), Cakewalk (85m) the largest on display this year and Imagine the high volume 64m yacht from Amels. Also on display was Prima, a brand new yacht from Columbus Yachts which was one of a handful of yachts from builders who have never built a yacht before. Whilst yachts for sale included Big Fish which, since her launch last year, has already explored the globe and visited Antarctica.

The event also proved to be a commercial success and a 42m Turkish built superyacht sailed into the show as Nomade and departed with her new name Bar Tender painted on the stern having been sold during the show. The Dutch builder Jongert used the show to conclude the signing of a contract that will see them build a 46m motor yacht designed by Dubois.

Exhibitor displays were also equally important to visitors. More than 500 industry leaders exhibited luxury products, services and facilities and the show provided the essential opportunities for industry professionals to network. Confidence was high that the superyacht industry was sailing forward towards a bright horizon despite the gloomy world economy.

“At this year’s Monaco Yacht Show we welcomed a large number of existing and new clients," said Miriam Cain, Communications Manager, Camper & Nicholsons, UK. "All our yachts on display received good interest and the feeling is that the market overall continues, albeit slowly, to improve.”

Billy Smith, Vice President at Trinity Yacht commented, “Interest level seemed to be up from last year. Of course, while we are at the show expressly to showcase our custom superyachts, we appreciate the opportunity to network at the many fine events which run concurrently throughout the show.”

 “We certainly now have pending negotiations started during the Show and we will continue to work on them to hopefully bring them to fruition,” added Toby Walker, Director of Sales, Dubois Yachts.

For most exhibitors and visitors alike the Monaco Yacht Show is the most successful show in the world’s yachting calendar but what makes it special are the events every day: charity auctions, prize giving, lunches, gala dinners and cocktail parties. 

As in previous years, Monaco Yacht Show organisers pledged a continuing support for Association Monégasque contre les Myopathies, a locally based charity with the organisers again donating 50% of all entrance ticket sales (EUR 52,700 this year) and co-organising the 4th edition the world renowned Only Watch charity auction at Hotel Hermitage. This year, the once every two year event of 40 one-off Swiss luxury watches closed with an outstanding result of EUR 4,563,000 that benefits research into Duchenne Muscular Dystrophy.

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