26 - 29 September 2018
Monaco Yacht Show: Twenty-Eight Years of Fine Yachting
When it comes to showcasing the yachting industry to a global audience, the Monaco Yacht Show (MYS) is in a league of its own. The world’s largest international superyacht meeting acts as a platform for Owners and potential Owners to discover the latest superyachts for sale, meet with shipyards and brokerages and explore the yachting lifestyle.
As with every edition, the 2018 event continues to set an incredible standard and visitors to Port Hercules between September 26th and 29th can look forward to:
- 120 superyachts: 50% less than two years old
- 48.9 metres: the average length
- 40 world premieres
- 580 exhibitors
- 3.3 billion euros: the value of yachts on display
On the back of the recent announcement that Fraser has been the top performing yacht brokerage for five years running by the Superyacht Annual Brokerage Report 2018, we are excited to make this year’s MYS our best ever. The publication cited Fraser’s role in ‘20 per cent of all sales made between 2013 and 2017 by the brokerages in the ranking table’ and labelled our sole central agent performance as ‘outstanding.’ We are delighted to have five yachts on display and many more at anchor, as well as a large brokerage presence and a stand at QE18 on the Quai des États-Unis.
Three Decades of the Monaco Yacht Show: A Mirror to the Yachting Industry
When the Monaco Yacht Show first started in 1991, there were 1,147 superyachts (defined as yachts over 30m) in the world – a figure that is well over 4400 today. Some of the largest deliveries that year included the 74.5m M/Y ENIGMA from Blohm + Voss, the 62m M/Y ALWAELI from CRN and the 46.33m S/Y ANTARA from Perini Navi, actually for sale and charter with Fraser and available to view at anchor during the MYS.
Created to give Monaco the flagship yachting event it merited, the first MYS hosted 32 yachts with an average LOA of 32.08 metres. The largest yacht on display was 51.25m in length.
As yachting as an industry has expanded, so has the MYS. In just two short years, the show had grown to feature 41 yachts (the largest, 67m) and boasted new extensions to the Jetée Nord and Quai Jarlan. It was this year – 1993 – that Fraser first exhibited in the MYS, with seven yachts on display, including the beautiful 34m sailing yacht SELJM.
In 1996, show organisers made the unprecedented decision to focus exclusively on superyachts, a move which would prove extremely successful and lay the foundations of what is today recognised as the world’s leading superyacht event.
By 1999, the exhibition area had doubled in size from 1000 square metres to 2000 square metres and in 2001, 10 years after the first edition, 65 yachts were presented, complemented by a shore display of 273 exhibitors – more than triple the figure of 80 in 1998. These numbers steadily rose throughout the noughties and twenty years after its debut, in 2011, the show celebrated with 98 superyachts on display, 500 exhibiting companies, and 28,200 visitors.
The last seven years have passed in a flurry of milestones: surpassing 100 yachts on display (2012), 30,000 visitors (also 2012) and 100m in LOA (110m M/Y JUBILEE in 2017). Twelve additional berths for superyachts over 80m in LOA were added in 2015 and in 2016 the first Monaco Yacht Summit and Car Deck exhibition were held, as the show looked to further enhance the experience of Owners and potential Owners and focus on the luxury lifestyle of yachting.
MYS Managing Director Gaëlle Tallarida, who has over two decades of experience in organizing the show, shares her thoughts on its evolution with us:
"The MYS has evolved hand in hand with the superyacht industry these last two decades to become a barometer of the health of the market. Our aim is to do everything possible to offer participants the ideal marketplace where they can find exactly the products and services they are looking for. And we're proud to deliver such a superyacht hub. These last five years, we have been developing solutions to welcome the future clientele of luxury yachts. And every year, we'll keep on raising the show’s quality to foster the best possible relationships between exhibitors and their clients. A good visit experience at the show can be beneficial for all the sectors of activities on exhibit and we expect to see the tangible results of our efforts this September".
Monaco Yacht Show 2018: A Preview
MYS organisers have made a concerted effort over the last five years to shift away from the B2B trade show feel and focus instead on the experience of the end-client. As such, this year’s show is being promoted as ‘An Event Made for Future Superyacht Owners.’
Which is fantastic news for our brokerage clients – whether you have a yacht for sale with us, or are considering a purchase.
Among the improvements: a more logical layout of the show, where brokers, shipyards and naval architects are allocated stands close to their yachts on display; a thematic organisation of the exhibition tents (for instance, hi-tech equipment in the Darse Sud and luxury goods in the Parvis Piscine); an extension of the Tenders & Toys Zone; the introduction of The Art Pavilion; and the return of the Monaco Yacht Summit on September 25th, a forum which allows future yacht Owners to meet with industry experts.
To find out more about Fraser at the Monaco Yacht Show this year, or to view any of our yachts present, please contact us at [email protected].
Fraser at the Monaco Yacht Show 2018
Fraser is delighted to present the following yachts for sale in port and at anchor at the 2018 Monaco Yacht Show: