Italy

Confindustra Nautica

<a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a> returned to <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a> in Amsterdam last November, once again presenting the Italian Pavilion with the support of <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA – Italian Trade Agency</a>. The 2025 edition marked a significant moment for the association as its newly appointed president, Piero Formenti, attended the show for the first time in his official capacity. His presence underscored a renewed commitment to reinforcing Italy’s position as one of the global leaders in marine equipment, innovation and design.<img src="https://photo-assets.superyachttimes.com/photo/379338/image/large-b089f64bc171285be1a20ce68f89f3bc.jpg" data-gid="gid://syiq/Photo/379338">Italy’s presence at <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a> has long stood out for both its scale and calibre and this year, with 82 companies represented, the Italian Pavilion once again ranked among the show’s most distinguished national showcases. Across the halls, Italian exhibitors demonstrated exceptional technological capability and aesthetic refinement, strengthening the country’s reputation as one of the most influential players in the global supply chain.President Piero Formenti commented, “The presence of 82 Italian companies across the Italian Pavilion was made possible through the partnership between <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a> and the <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">Italian Trade Agency</a>. The Agency’s Brussels office has reinforced its commitment to giving our collective a more distinctive and coherent image that reflects the quality of our companies. Its support allows us to maximise our potential and strengthen the presence of the Made in Italy brand in international markets.”<img src="https://photo-assets.superyachttimes.com/photo/379339/image/large-be8d82479a350ab6426e3c2fe2c46248.jpeg" data-gid="gid://syiq/Photo/379339">A new chapter for&nbsp;<a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a>Formenti’s debut as president follows a decade of service as vice president and a long-standing personal connection with the <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a> environment. Although his own company is not part of the traditional accessories and components segment, his deep understanding of the wider marine ecosystem brings a clear and direct approach to the role.Reflecting on the significance of attending the show in his new capacity, he emphasised the need for Italy’s contribution to be fully recognised. “Our sector is crucial not just for Italian shipyards, but for yards around the world,” he shared during the event. “Italian companies are behind many of the innovations that allow the global industry to move forward – from electronics and mechanics to sustainability, digitalisation and design.”Formenti highlighted that the strength of the Italian Pavilion lies in its marriage of scale and identity. Italy’s instinct for beauty and design, he noted, is ingrained in its national DNA. This, combined with technical expertise, positions Italian suppliers at the heart of yacht-building globally.He also acknowledged the challenges. The industry continues to push forward in sustainability despite customers often prioritising cost and aesthetics above environmental considerations. Yet Italian companies choose to invest regardless. “Our sector is taking risks to develop sustainable solutions even when customers do not prioritise them yet,” Formenti explained. “But innovation grows from passion, creativity and responsibility.”<img src="https://photo-assets.superyachttimes.com/photo/379337/image/large-bbf15c70a7968c025a3404b842373c5a.jpg" data-gid="gid://syiq/Photo/379337">The role of&nbsp;<a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a>&nbsp;in amplifying Italian excellence<a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a> once again played an essential role in delivering the Italian Pavilion, providing the structural, financial and organisational support required for a world-class collective presence. Director Tindaro Paganini describes the collaboration as a strategic pillar of <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a>’s mission to enhance Italy’s visibility and competitiveness abroad.“Through this partnership we combine public support and industry expertise to present a unified image of Italian excellence,” Paganini stated. For <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a>, <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a> is not merely a business platform; it is a global stage on which Italy can demonstrate unrivalled craftsmanship, design culture and technical advancement.Paganini highlighted three foundations of Italy’s enduring reputation: craftsmanship, innovation and collaboration. <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a> ensures that Italian companies appear consistently and prominently at major international events, reinforcing the strength of the Made in Italy brand.Beyond <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a>, the agency supports businesses through buyer programmes, digital promotion, international press outreach and targeted assistance for SMEs. Formenti was clear about the importance of this relationship. “For us, they are a very important tool,” he said. “We could not achieve what we do internationally without them.”<img src="https://photo-assets.superyachttimes.com/photo/379336/image/large-18743aef240e26ce781f2c5fcd072756.jpeg" data-gid="gid://syiq/Photo/379336">Continuing to strengthen Italy’s global positionLooking ahead to future editions of <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a> and other international shows, Paganini confirmed that <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a> intends to expand its support further, particularly for SMEs that form the backbone of Italy’s marine supply chain. The focus will be on boosting digital visibility, enhancing matchmaking tools and developing training initiatives to help companies navigate global markets.“Our objective is to ensure that every participating company, regardless of size, has the opportunity to grow, connect and contribute to Italy’s global leadership,” he said.Formenti shares this vision. His leadership aims to reinforce Italy’s role not only as a major exhibitor, but as a vital pillar of the global marine industry. Known for his direct and solutions-driven approach, he intends to strengthen dialogue with <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a> organisers to ensure the event reflects the full scope of Italy’s contribution.<img src="https://photo-assets.superyachttimes.com/photo/379340/image/large-d3bb02926d30a0ed67569cfe11a4506a.jpg" data-gid="gid://syiq/Photo/379340">An invitation for continued dialogueWith <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade 2025</a> successfully concluded, Confindustria Nautica hopes to continue engaging the international press and industry stakeholders who visited the Pavilion last week. The association warmly welcomes Superyacht Times, with Francesca Webster, to meet President Piero Formenti during next year’s show, alongside the representative of ITA who supports Italian companies throughout the event.Together, <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a> and <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a> presented a compelling vision of Italian excellence at <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a> – one rooted in creativity, technical mastery and a distinctly Italian sense of beauty. As the global marine industry evolves, Italy’s influence remains both foundational and forward-looking, ensuring the Italian Pavilion continues to play a central role in shaping the future of marine innovation.

Italian companies at Metstrade 2025

Confindustria Nautica returned to Metstrade last week, once again presenting the Italian Pavilion with the support of ITA.

business-partner-content-large-articles#1

Italian presence shines at Metstrade 2025 with 82 companies

The Made in Italy brand once again commanded global attention at <a data-gid="gid://syiq/Event/238" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2024">METSTRADE</a> in Amsterdam, with the Italian Pavilion offering a striking showcase of the nation’s unrivalled expertise in the design and construction of marine equipment and components. Coordinated by the <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Italian Marine Industry Association (Confindustria Nautica)</a> and the <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">Italian Trade Agency (ITA)</a>, the pavilion hosted 75 Italian companies, each exemplifying the innovation, quality, and design that have made Italy the global benchmark in this arena.In addition to its prominence in equipment and components, the pavilion’s Superyacht segment served as a fitting tribute to Italy’s leadership in high-end yacht construction. This comprehensive presentation not only demonstrated Italian craftsmanship but underscored the nation's ability to anticipate market trends and set global standards.<img src="https://photo-assets.superyachttimes.com/photo/339039/image/large-b044be65f32282363fc2d81ccfe08087.jpeg" data-gid="gid://syiq/Photo/339039">Celebrating Italian craftsmanship and collaboration&nbsp;At the heart of <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a>’s mission is the promotion of the Made in Italy ethos – a commitment to exceptional quality and craftsmanship that continues to resonate worldwide. By supporting more than 70 Italian companies at <a data-gid="gid://syiq/Event/238" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2024">METSTRADE 2024</a>, ITA reaffirmed Italy’s status as a leader in design, innovation, and manufacturing within the superyacht industry.Saverio Cecchi, President of the <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Italian Marine Industry Association</a>, highlighted the impact of this collaboration: "The synergy between the <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">Italian Marine Industry Association</a> and the <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">Italian Trade Agency</a> has been instrumental in amplifying the image and identity of Made in Italy production worldwide. A place in the Italian Pavilion offers our companies a unique opportunity to consolidate their presence on the international market, enhancing the quality, innovation, and design that distinguish Italian products."<img src="https://photo-assets.superyachttimes.com/photo/339041/image/large-775067f68e63ae8f9e6bef7379f3e47a.jpg" data-gid="gid://syiq/Photo/339041">The pavilion’s success also underscores the collaborative spirit driving the industry. This cohesion enables Italian companies to remain competitive in a rapidly evolving global market, a sentiment echoed by Anton Francesco Albertoni, CEO of Veleria San Giorgio and former President of the <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Italian Marine Industry Association</a>: "<a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">METSTRADE</a> is the perfect event to celebrate the yachting industry and the leading role played by Made in Italy components. Our vast assortment of 75 companies, the increased display space compared to last year, and the many Italian flags flying were sure to generate a powerful impact. We share nothing but important results and a great deal of satisfaction, thanks to the unwavering support of the Italian Marine Industry Association and the Italian Trade Agency, which we hope will continue to grow in the coming years."Andrea Razeto, CEO of F.lli Razeto e Casareto and President of the <a data-gid="gid://syiq/Event/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genoa International Boat Show - 2024 - 64th">Genoa Boat Show</a>’s organising company Saloni Nautici, adds, "Once again, this year’s <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">METSTRADE</a> continues its role as the reference exhibition for marine equipment and components. We had a lot of visitors, quality business-oriented customers. The Italian collective was also one of the biggest, if not the biggest ever, with significantly positive comments from all those taking part. There is a high degree of satisfaction with both the positioning and the organisation of the collective itself, both very positively received. I also sensed a great deal of anticipation concerning the current market trends and the outlook for next year.<img src="https://photo-assets.superyachttimes.com/photo/339037/image/large-ba233316bfde93868c8ba20ce1bff703.jpeg" data-gid="gid://syiq/Photo/339037">Focusing on sustainability and innovation&nbsp;The emphasis on sustainability within the superyacht industry was another key theme at <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">METSTRADE</a>, particularly during the Superyacht Forum. Barbara Amerio, CEO of <a data-gid="gid://syiq/Company/1364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Permare s.r.l. (Company)">Permare Group</a> and <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Italian Marine Industry Association Councillor</a>, participated in discussions addressing emissions regulations and the future of the sector: "The Forum provided a fascinating platform to discuss sustainability and its implications for yachting. There was a strong drive for increased cooperation, as the superyacht segment will be profoundly affected by upcoming regulations. The opening address by Giovanna Vitelli offered positive insights into the Italian industry's forward-looking strategies, while the Superyacht Pavilion further highlighted the technical and aesthetic excellence of Italian expertise."Luciano Paissoni, CEO of <a data-gid="gid://syiq/Company/3990" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foresti & Suardi S.p.A. (Company)">Foresti &amp; Suardi</a>, reflected on the enduring success of Italy’s presence at <a data-gid="gid://syiq/Event/238" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2024">METSTRADE</a>: "We have been exhibiting at <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">METSTRADE</a> for 35 years now and are highly satisfied with this edition. New contacts, increased appreciation, and a strengthened identity all reinforce Italy’s position as an undisputed leader in the yachting market. The Italian Pavilion, with its vibrant representation of our country’s excellence, continues to gain visibility and recognition on the global stage."<img src="https://photo-assets.superyachttimes.com/photo/339040/image/large-3217262f40ce98d1add687e227f6d854.jpeg" data-gid="gid://syiq/Photo/339040">Expanding global reach through networking <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a>’s initiatives at <a data-gid="gid://syiq/Event/238" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2024">METSTRADE</a> included promotional activities, networking events, and business matching programmes. These efforts aimed to connect Italian exhibitors with potential international partners, enhancing their competitiveness and expanding their reach in global markets.Through these activities, <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">ITA</a> continues to elevate the profile of Italian marine manufacturers, ensuring that their exceptional products and designs maintain a leading position in the international marine industry.<img src="https://photo-assets.superyachttimes.com/photo/338849/image/large-bb2e2c232c1f98229e1ad955f459067a.jpg" data-gid="gid://syiq/Photo/338849">Looking ahead: future initiatives&nbsp;<a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">The Italian Marine Industry Association</a> also took an active role in the <a data-gid="gid://syiq/Company/7886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICOMIA (Company)">ICOMIA</a> working groups at <a data-gid="gid://syiq/Event/238" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2024">METSTRADE</a>, including the new Trade &amp; Market Intelligence Committee. This initiative, chaired by Stefano Pagani Isnardi, Head of the Association’s Research Department, will steer key discussions over the next three years, keeping Italian companies ahead of global trends.The next significant event for the Italian yachting industry is set for 12th December in Rome, where the <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian Trade Agency (ITA) (Company)">Italian Marine Industry Association</a> Members Assembly will convene. This year’s public session, themed “Yachting: the new course set by recent reforms in a global context”, will focus on Blue Economy policies, regulatory developments, and the sector's international competitiveness. The event promises to provide valuable insights as the association continues to engage with the Italian government and other stakeholders on critical reforms and policies.Through its robust presence at <a data-gid="gid://syiq/Event/238" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2024">METSTRADE</a> and ongoing initiatives, Italy reaffirms its position not only as a market leader but as an enduring symbol of innovation, quality, and collaboration in the global marine industry.

METSTRADE Italian Pavilion success

The Made in Italy brand once again commanded global attention at METSTRADE in Amsterdam, with the Italian Pavilion.

Made in Italy shines at METSTRADE 2024, solidifying global leadership

Piero Formenti, formerly Vice President of the Italian Marine Industry Association, <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a>, has assumed leadership following President Saverio Cecchi's decision to step down from office. The Association’s General Council convened yesterday and ratified the appointment in accordance with its statutes.<img src="https://photo-assets.superyachttimes.com/photo/311140/image/large-03e8d3fc067e4699891686b4a758178c.jpg" data-gid="gid://syiq/Photo/311140"><a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a>, responsible for representing the Italian yachting industry and its supply chain, has affirmed that its activities will continue without interruption. The organisation will particularly focus on the yachting market and the consolidation of the Genoa International Boat Show.At the close of the General Council meeting, Formenti declared, "With the same dedication I have shown in expanding the company I run alongside my wife and son, and in representing the Association over the years, I will serve our member companies to the best of my ability."Formenti further emphasised, "The economic context is showing signs of a slowdown, a shift from three years of unprecedented growth that, in 2023, brought the Italian yachting sector to record highs in turnover, exports, and employment, rising from 160,000 to 200,000 jobs over five years. The small craft market is particularly affected, with expected contractions impacting various product segments, especially in certain regions. Factors contributing to this downturn include rising interest rates and restricted credit access."He added, "It is precisely in this scenario that the consolidation and expansion of the Genoa International Boat Show becomes even more critical. I regret to see several comments in the press questioning the value of public funds allocated to this event, the second largest industry event in Italy after the Salone del Mobile Milano and the third largest worldwide in the yachting sector. Annually, the show injects €65 million into the local economy alone, as reported by The European House - Ambrosetti in 'Rapporto Liguria 2030' (July 2023), yet it receives less financial support compared to its international counterparts."<img src="https://photo-assets.superyachttimes.com/photo/178229/image/large-6de057084a13026cdc5e69191bb3d6ff.jpg" data-gid="gid://syiq/Photo/178229">Formenti concluded, "The Italian Trade Agency’s Events Plan has increased its support for the Genoa Boat Show, underscoring the need for a coordinated national effort to bolster Italy’s presence in international trade fairs. These events serve as critical platforms for the Made in Italy brand, and there is still work to be done to maximise their impact."Piero Formenti has served as Vice President of <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a> for two consecutive terms since 2015, representing the small craft industry. Additionally, he was President of the European Boating Industry (EBI) from 2015 to 2019, and currently serves as Vice-Chair, supporting the EBI President for the 2023 to 2025 term.

Confindustria Nautica has announced Cecchi's replacement

Piero Formenti has assumed leadership of the Italian Marine Industry Association, Confindustria Nautica.

In Livorno, Italy, a long-term vision is taking its first steps towards becoming a reality. According to <a href="https://www.superyacht24.it/2024/01/18/a-livorno-muove-i-primi-passi-il-progetto-di-un-nuovo-cantiere-di-maxi-yacht/" rel="noopener noreferrer" target="_blank" title="">Super Yacht 24</a>, the local Port Authority, under the leadership of Luciano Guerrieri, has recently initiated plans to establish a shipyard for the construction of superyachts.<img src="https://photo-assets.superyachttimes.com/photo/299429/image/large-c4df5354665dba1dfb4e42be59ea2db4.jpeg" data-gid="gid://syiq/Photo/299429">The Port Authority has just issued tenders for the concession of four out of five areas, totaling approximately 53,000 square-metres, spanning between the Calafati Docks and Pisa. These tenders are designed to facilitate the continuation of existing activities, involving several companies such as the Fratelli Neri group, the Castalia environmental protection consortium, Gestione Bacini ship repair company, Tommaso Montano&amp;Figli, and Romoli Roberto, all engaged in various maritime operations.Notably, these new concessions will be valid only until mid-2026, with the fifth concessionaire, Lorenzoni Luigi e Fratelli, set to expire at the end of the same year. This appears to align with the launch of an industrial plan recently published by Adsp (the Port Authority). Adsp commissioned this plan to <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> Consulting to evaluate the transformation of these areas into a shipyard exclusively dedicated to the construction of superyachts.The plan presented by <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> Consulting suggests the necessity of implementing technical adjustments and administrative procedures, as well as considering the possibility of demolishing or renovating certain structures and making infrastructural improvements to the docks. These investments, as recommended by <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a>, would fall under the responsibility of future concessionaires.Moreover, the plan aims to reconfigure the area into four sections from the existing five. This involves a restructuring and optimisation of current activities while potentially discontinuing or relocating some. Depending on the extent of these changes, <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> Consulting outlines two scenarios for the development of shipbuilding and nautical activities, both offering significantly improved economic returns and job opportunities compared to the current concession holders.According to <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a>, the driving force behind these changes lies in the substantial demand within the luxury yacht industry for dedicated spaces for the manufacturing of luxury yacht vessels to address the order backlog . This surge in demand is underscored by a collection of declarations and press releases from key industry players such as &nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> , <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a>, <a data-gid="gid://syiq/Company/1364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Permare s.r.l. (Company)">Permare</a>, and <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>.According to the document, the current concessionaires have a combined turnover of less than €12 million and employ fewer than 50 people. In contrast, the worst-case scenario, which allocates fewer spaces to the new shipyard, predicts a turnover exceeding 26 million euros and the employment of 148 people, with an average gross salary surpassing 52,000 euros annually. This growth is expected to be driven by the construction of a 50-metre yacht (estimated at 50 percent completion, considering the two-year construction period), an average-sized refitting project, and comprehensive refitting of two vessels measuring 40 and 60 metres.More optimistic projections, under the 'high' scenarios, envision at least three or four new construction projects annually and 7-8 refitting operations, resulting in revenues ranging from €79 -81 million and 442-484 employees (under the same economic conditions). Furthermore, existing activities that are retained, including workshops and services for Olt and Castalia, are expected to benefit from synergies that would increase overall profitability to over €17 million and employ around 90 individuals.

Livorno plans to establish a shipyard for the construction of superyachts

The local Port Authority in Livorno has recently initiated plans to establish a shipyard for the construction of superyachts.

Livorno plans to establish a superyacht construction shipyard

<a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE 2022</a> is looking to be a showstopper of an event. Even this early into the year there’s been a lot of positivity for this year, with 96 percent of visitors and 90 percent of exhibitors declaring their intention to return. There have also been a number of first-time applications, particularly from electric propulsion and electronics companies for this year’s event. <img src="https://photo-assets.superyachttimes.com/photo/211833/image/large-61559ca2c1964a33140cc25f27c6b46b.jpg" data-gid="gid://syiq/Photo/211833">Following the one-off pandemic adjusted edition last year, <a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a> is committed to strengthen its position as the leading “not-to-be-missed” leisure marine B2B exhibition and global networking hub. This year, <a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a> will feature a significantly improved layout. <img src="https://photo-assets.superyachttimes.com/photo/211832/image/large-db7b5549675c0363ab9107fde4b5b6b1.jpg" data-gid="gid://syiq/Photo/211832">“The industry is eager to be back at the world’s largest B2B leisure marine industry event after an extraordinary 2021 edition,” Niels Klarenbeek, Director of <a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a>, said. “We have created a balanced layout with key points of interest in every hall in close cooperation with our partners such as ICOMIA and Exhibition Committee. This allows us to accommodate <a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a>’s growth with more exhibitors, more space, more focus and an enhanced visitor experience. We cannot wait to see everyone return to Amsterdam in November.”<img src="https://photo-assets.superyachttimes.com/photo/211829/image/large-f025d575775366e2e77c30d4aa3014b7.jpg" data-gid="gid://syiq/Photo/211829">This year’s event will see the SuperYacht Pavilion once again in Halls 9-10, which will provide the industry with an abundance of space to showcase its products and services, without compromising networking areas. Notably, there will be a strong and collective Dutch representation in the Holland Pavilion located in Hall 9, thanks to reinvigorated cooperation with Holland Yachting Group. &nbsp;The Construction Material Pavilion (CMP) and the Italian pavilion, in cooperation with <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a>, will be situated in Hall 12. It will be the “go-to hall” for advanced innovations in yacht construction and design. This year, Hall 5 will host the Marine &amp; Yard Pavilion. While at the forefront of the show in the Elicium Ballroom will host the returning I-nnovation lab, which will strongly focus on alternative propulsion this year. The DAME product entries will also be on display in the Elicium Ballroom.<img src="https://photo-assets.superyachttimes.com/photo/211825/image/large-72db312739d76a0bc36d41ef4826169e.jpg" data-gid="gid://syiq/Photo/211825">Read:&nbsp;<a data-gid="gid://syiq/Article/54768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DAME Charity Donation 2022 open for nominations (2022-03-15 11:00:00 +0100)">DAME Charity Donation 2022 open for nominations</a>There is also a strong emphasis on networking and education at <a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a>, which is why the team has set up the <a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a> Theatre and dedicated networking space. The Theatre will run an educational programme throughout the event, where a number of industry specialists will discuss pertinent topics. &nbsp; <img src="https://photo-assets.superyachttimes.com/photo/211826/image/large-3f2d9d6be565da6bfa40c931fbc29f38.jpg" data-gid="gid://syiq/Photo/211826">Udo Kleinitz, Secretary General of the International Council of Marine Industry Associations, commented, “Following the pandemic’s challenges, key industry stakeholders and associations are telling us it’s more pivotal than ever for suppliers and buyers to connect with their industry peers. <a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a> is the leading platform for leisure marine professionals wanting to stay relevant and up-to-date in the industry. With the entire sector present from across the full supply chain, it is the best place to source, connect and learn to help your business grow.”<a data-gid="gid://syiq/Event/131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2022">METSTRADE</a>, the world’s largest leisure marine trade exhibition for equipment, materials and systems, is held at the RAI Convention Centre, Amsterdam. The event will run from 15-17 November 2022.&nbsp;

METSTRADE 2022 gearing up to be bigger and better than ever

METSTRADE 2022 is looking to be a showstopper of an event. This year, METSTRADE will feature a significantly improved layout. 

METSTRADE 2022: “More exhibitors, more space, more focus and an enhanced visitor experience”

There has been a significant uptick in sales of Italian superyachts this year with €2.8 billion penned into order books, marking an all-time high for the Italian pleasure boat sector.To determine the growth as merely a post-lockdown rebound doesn’t do justice to the phenomenon, a survey conducted by <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a> confirms. There are a number of factors involved, including an increase in boat yard exports and the stellar performance of the boating equipment and marine engine segments. The Italian industry’s estimated overall turnover increase is 23.8 percent for 2021, determining a total value of €5.5- €6 billion. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/210768/image/large-5a0e97f9f162fb3cb573dd5cbd1827d9.jpg" data-gid="gid://syiq/Photo/210768"> The survey, which was carried out on a sample of member companies, brought to light that there have been clear developments in both nautical tourism companies and those manufacturing and delivering industrial components. To talk figures, the sample from the yachting sector indicated a 44 percent growth in turnover and 41 percent estimated growth in contracts. Meanwhile, those representing accessories and engine components reported similar trends.&nbsp;The key takeaway is that these estimates lead to the likely conclusion of around a $4.8 billion global and combined turnover this year, mirroring that of the last one.&nbsp;Much as any other industry, nautical tourism has been clobbered by supply chain issues, spurred on by the effects of the pandemic and subsequent downturn of international travel. The survey revealed that around 57 percent of the sample in the ports and services sector reported a reduction in turnover. Those in the business of charter have been hit the hardest and 82 percent of those who took part in the survey reported a decline in their turnover – notably, two out of three businesses reported a drop exceeding 20 percent.&nbsp;Nonetheless, and even with these global issues, Italy has confirmed its worldly status in the superyacht sector for 2021. Around half of all yachts in the above 24 metre category are being managed by Italian-based builders: out of the 821 yachts from this category currently under construction, 407 are Italian. A momentous achievement for Italy, as this is the largest number of Italian yachts under construction in the same year since 2009.&nbsp;To put this in perspective, according to <a href="https://www.superyachttimes.com/yachting-intelligence" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, Italy holds the lion’s share of new yachts sold with over 50 percent of global orders over 24 metres. Benchmarked against the nation’s own success last year, Italy has seen a growth of 0.3 percent in 2021, which equates to an increase of nine yachts over 24 metres sold this year.&nbsp;<a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ITA (Company)">ITA</a> is the governmental agency that supports the business development of Italian companies abroad and at home. It does this by providing information, assistance, consulting, promotion and training to small and medium-sized Italian businesses. ITA primarily focuses on boosting the flow of exports and invoices between Italy and the rest of the world.&nbsp;<a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a> is the Italian Marine Industry Association and an active member of the General Confederation of Italian Industry and has been representing the interests of the boating industry since 1967. It provides ready assistance and care for yacht builders, marine services, tourism, charters, sales networks and the entire supply chain.&nbsp;Both <a data-gid="gid://syiq/Company/6532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ITA (Company)">ITA</a> and <a data-gid="gid://syiq/Company/6533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confindustra Nautica (Company)">Confindustria Nautica</a> will be at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2021">METSTRADE</a> show in Amsterdam this month with a delegation of 86 Italian businesses.&nbsp;

Italy’s uptick in superyacht sales

There has been a significant uptick in sales of Italian superyachts this year.