- Technology - The future of Planet Superyacht

By SuperyachtNews

The future of Planet Superyacht

The spectre of ocean ecosystem collapse is pushing the agenda at the industry's two key autumn events…

The rate at which the ocean sustainability movement has accelerated within the superyacht industry is profound. I often find myself revisiting an old anecdote (so often in fact, it underlines how rapid the growth of the green agenda has been) that reflects the shift in sentiment among the industry elite. When I first attended The Superyacht Forum a decade ago, those on the fringes pushing the sustainability topic largely fell on deaf ears, whereas in recent times, sustainability has established itself as a key discussion point at conferences, shows and seminars alike.

While the industry was slow to accept the reality of the situation, the response of the current cop has ben admirable. And in many ways, considering the minuscule carbon footprint our industry creates compared to others, we are collectively going above and beyond the call of duty.

I don’t want to temper anyone’s enthusiasm; quite the opposite. If superyachting exceeds expectations, and implements sustainable processes that stretch far beyond its relatively modest reach it can only make the vessels and the lifestyle eminently more sellable.

And the need is real. As the enclosed graphic highlights, the rise in the temperature of our oceans has reached a critical level. The last time the annual average temperature dropped below the 20th century average was 1976 and the average annual divergence between 1976 and 1999 was an alarming 0.274 degrees centigrade. The average ocean temperature in the 20th century was 16.1 degrees centigrade; by 2016, this had increased by 4.91%.

Clearly the urgency with which the industry is taking up its sword and tackling this potential catastrophe head-on, is welcomed by all. At The Superyacht Forum, in association with METSTRADE the conversation will focus on two distinct strands of this debate. On day one we will explore the paradigm the industry and its client pool exist in, and the impact the aforementioned initiatives are having on our own processes, and in turn, how they are shaping the opinions of our client base. Clearly, such a conversation will also identify market opportunities for the next generation of stakeholders.

Day three will tackle a conundrum that has, until now, stumped a generation. How do we bring the life of these vessels to a dénouement, which then allows their constituent materials to be fed back into the supply chain. Currently, the lack of tangible solutions is one of the industry’s biggest handicaps. Not only does the inability to recycle vessels that have reached the end of their usage represent a PR headache, in very real terms, it creates a glut of inventory at the bottom of the market that stifles demand. In 2019, the industry is fully alive to the fact that corporate social responsibility not only benefits us on a human level but has the potential to be a powerful market force.

Data sourced from NOAA National Centers For Environmental Information, and analysed by The Superyacht Agency.

Profile links

The Superyacht Forum


Join the discussion

The future of Planet Superyacht


To post comments please Sign in or Register

When commenting please follow our house rules

Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry‚Äôs most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for The countdown begins...

The countdown begins...

Six weeks to go - The Superyacht Forum in association with METSTRADE


Image for Security, community and beauty

Security, community and beauty

Porto Mirabello announce partnership with The Superyacht Forum 2019


Image for Safeguarding our future

Safeguarding our future

Henk de Vries to give Breakfast Briefing keynote at opening of METSTRADE Show


Image for Camper & Nicholsons announces partnership with Mission Blue

Camper & Nicholsons announces partnership with Mission Blue

The two companies will seek to encourage and amplify discussions regarding ocean conservation


Image for Biophilic design: a nod towards sustainability

Biophilic design: a nod towards sustainability

As the design world leans towards biophilia, we take a look at what this means about the world we live in


Image for Faces of the future

Faces of the future

We ask two distinct professionals, what must the superyacht industry do to facilitate greater success in the future?


Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on