What to expect at this year's Monaco Yacht Show
While it can be quite overwhelming, the Monaco Yacht Show (MYS) provides a number of opportunities for those already in the industry, and those looking to enter. The Superyacht Owner speaks with brokers on what you can expect from this year's show.…
The run up to this year's MYS has many brokers in the industry excited for the yachts on display, opportunities available for owners, and what they're hoping will be a positive response from those in attendance. Whether you are a current owner, looking to buy/sell or perhaps get your feet wet for the first time, some of the industry's top brokers share what you can hope to expect at this year's show.
Adam Papadakis - Sales Broker, Camper & Nicholsons
The challenging climate is still impacting on the yacht sales of a buyer’s driven market, abundant with plenty of spectacular yachts. However, seasonal patterns in sales have smoothened and the Monaco Show comes just in time after a vibrant summer build-up of activity. Those that haven’t decided yet wait for this event to crystallise their idea of what their first or next yacht will be. I think this year’s show will exceed our cautiously positive expectations and we may see a few remarkable deals happening on the spot in the 45-65 m range that will boost our clients confidence and reverberate throughout the industry during the following quarters. I am really looking forward to seeing some challenging new ideas revealed by the yacht designers and established builders as well as some truly impressive yachts presented by yards coming on stage recently, whereas offering extremely competitive deals.
Toby Walker - Managing Director, Dubois Yachts
I don’t think there’s ever been a more exciting end of summer boat show season, and I think Cannes, Monaco and Fort Lauderdale will be really interesting. We're pleased to feature the recently launched Oyster 125 flybridge by Dubois at MYS this year. Named Twilight, she made her debut at the Dubois Cup in June and she looked stunning. This yacht offers elegance, performance and superyacht luxury. This is a unique opportunity to purchase a brand new yacht as she will be on display to be sold this September.
Richard Earp - Sales Broker, Fraser Yachts
Each year the MYS gets better and better in terms of the quality of the visitors and the yachts in the show. The MYS is regarded by the trade, owners and buyers as the most important show for large yachts in the world today. Clearly the emphasis of the show is on the second hand yachts and the large yacht new builds, but the other complimentary trades that are also present offer wonderful networking all under one roof. We all look forward to the MYS as a start to the buying season and the new inventory.
Ross Tannock - Sales Broker, Moran Yacht & Ship
Moran Yacht & Ship is very optimistic about the upcoming 2013 Monaco Yacht Show because this will be our largest presence at the show to date. We will be showcasing yachts that involve multiple aspects of our business such as brokerage, charter and new construction. On display for brokerage and charter will be the 75.3m Lurssen Northern Star, the 67.9m Lurssen Kismet and the 44.8m Feadship Madsummer. Additionally we will be exhibiting three recently launched new construction projects, the 87.8m Lurssen Quatroelle, the 65.5m Palmer Johnson Lady M, and the 40.2m Hakvoort Apostrophe.
We are hoping for another successful show as MYS has traditionally been very productive. With the high quality of yachts we will be displaying, we expect the same for this year. I am particularly excited to be exhibiting Madsummer, which will be making its MYS debut. Additionally, it is exciting to have the opportunity to show three of our most recent new construction projects to clients, as they will be able to see three unique and distinctively styled yachts from three great shipyards
Toby Maclaurin - Commercial Manager, Ocean Independence
We are really looking forward to MYS this year - in these tough times, with the market flat lining slightly in the past three to four years, it is great to have a show that will put some fire back into the industry. With buyers and sellers fighting for every penny, the show offers a great opportunity to remember the market for what it was and what it will hopefully return to. I think the industry as a whole should use this time to put our best foot forward in reminding those already in the market how special it really is, and also for those just entering the business through buying or chartering, that we're able to help them fall in love with it all.
The industry still has a long way to go, but MYS offers the chance, if even for a short period, to really push the industry to get out there. We need to remain positive and continue to believe in the experience and the value it offers. Although the success of a Monaco show may not always lie with the numbers, I think through the showmanship and the platform available to showcase the industry, the yachts and yachting at is best is something we need to take hold of when these opportunities can be so few and far between.
Adam Papadakis - Sales Broker, Camper & Nicholsons
The challenging climate is still impacting on the yacht sales of a buyer’s driven market, abundant with plenty of spectacular yachts. However, seasonal patterns in sales have smoothened and the Monaco Show comes just in time after a vibrant summer build-up of activity. Those that haven’t decided yet wait for this event to crystallise their idea of what their first or next yacht will be. I think this year’s show will exceed our cautiously positive expectations and we may see a few remarkable deals happening on the spot in the 45-65 m range that will boost our clients confidence and reverberate throughout the industry during the following quarters. I am really looking forward to seeing some challenging new ideas revealed by the yacht designers and established builders as well as some truly impressive yachts presented by yards coming on stage recently, whereas offering extremely competitive deals.
Toby Walker - Managing Director, Dubois Yachts
I don’t think there’s ever been a more exciting end of summer boat show season, and I think Cannes, Monaco and Fort Lauderdale will be really interesting. We're pleased to feature the recently launched Oyster 125 flybridge by Dubois at MYS this year. Named Twilight, she made her debut at the Dubois Cup in June and she looked stunning. This yacht offers elegance, performance and superyacht luxury. This is a unique opportunity to purchase a brand new yacht as she will be on display to be sold this September.
Yachts on display (credit: Superyacht Images)
Richard Earp - Sales Broker, Fraser Yachts
Each year the MYS gets better and better in terms of the quality of the visitors and the yachts in the show. The MYS is regarded by the trade, owners and buyers as the most important show for large yachts in the world today. Clearly the emphasis of the show is on the second hand yachts and the large yacht new builds, but the other complimentary trades that are also present offer wonderful networking all under one roof. We all look forward to the MYS as a start to the buying season and the new inventory.
Ross Tannock - Sales Broker, Moran Yacht & Ship
Moran Yacht & Ship is very optimistic about the upcoming 2013 Monaco Yacht Show because this will be our largest presence at the show to date. We will be showcasing yachts that involve multiple aspects of our business such as brokerage, charter and new construction. On display for brokerage and charter will be the 75.3m Lurssen Northern Star, the 67.9m Lurssen Kismet and the 44.8m Feadship Madsummer. Additionally we will be exhibiting three recently launched new construction projects, the 87.8m Lurssen Quatroelle, the 65.5m Palmer Johnson Lady M, and the 40.2m Hakvoort Apostrophe.
We are hoping for another successful show as MYS has traditionally been very productive. With the high quality of yachts we will be displaying, we expect the same for this year. I am particularly excited to be exhibiting Madsummer, which will be making its MYS debut. Additionally, it is exciting to have the opportunity to show three of our most recent new construction projects to clients, as they will be able to see three unique and distinctively styled yachts from three great shipyards
Toby Maclaurin - Commercial Manager, Ocean Independence
We are really looking forward to MYS this year - in these tough times, with the market flat lining slightly in the past three to four years, it is great to have a show that will put some fire back into the industry. With buyers and sellers fighting for every penny, the show offers a great opportunity to remember the market for what it was and what it will hopefully return to. I think the industry as a whole should use this time to put our best foot forward in reminding those already in the market how special it really is, and also for those just entering the business through buying or chartering, that we're able to help them fall in love with it all.
The industry still has a long way to go, but MYS offers the chance, if even for a short period, to really push the industry to get out there. We need to remain positive and continue to believe in the experience and the value it offers. Although the success of a Monaco show may not always lie with the numbers, I think through the showmanship and the platform available to showcase the industry, the yachts and yachting at is best is something we need to take hold of when these opportunities can be so few and far between.
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