Spain

MB92 Group

As the <a data-gid="gid://syiq/Event/315" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mediterranean Superyacht Forum - 2026">Mediterranean Superyacht Forum</a> (MSF) returns to Palma de Mallorca next week, its evolution reflects a wider shift in how the superyacht industry approaches collaboration, strategy and long-term growth. Hosted by the <a data-gid="gid://syiq/Company/7977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balearic Marine Cluster (Company)">Balearic Marine Cluster</a> (BMC), the forum continues to move beyond the traditional conference model, placing meaningful interaction at the centre of its agenda.At the core of this transformation are the small group sessions (SGS), a structured and highly participative format designed to turn industry expertise into tangible outcomes. Bringing together around 20 professionals per session, these discussions are not simply about exchanging ideas, but about building frameworks, strategies and shared understanding that can actively shape the future of the Mediterranean yachting sector.“The <a data-gid="gid://syiq/Event/315" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mediterranean Superyacht Forum - 2026">Mediterranean Superyacht Forum</a> was never conceived as another conference,” says Pedro Suasi, Cluster Manager at <a data-gid="gid://syiq/Company/7977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balearic Marine Cluster (Company)">BMC</a> and Founder of <a data-gid="gid://syiq/Event/315" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mediterranean Superyacht Forum - 2026">MSF</a>. “It was designed as a space where the industry can slow down, listen to itself, and work collectively on the challenges that truly matter.”<img src="https://photo-assets.superyachttimes.com/photo/388016/image/large-b0117b9d605c5e2721837f76721aebf6.jpg" data-gid="gid://syiq/Photo/388016">From conversation to actionable insightThe introduction of SGS reflects a deliberate move away from passive formats and towards a more engaged, outcome-driven structure. Each session is carefully curated around one of three strategic pillars: 1. Destination Strategy, 2. Business Strategy and 3. Commercial Strategy. These three pillars help ensure that discussions remain focused on the most pressing issues facing the industry today.Unlike traditional panel discussions, these sessions are designed to foster genuine dialogue. Participants are encouraged to challenge assumptions, share first-hand experience and collectively develop structured conclusions. With up to three hours dedicated to each session, there is both the time and the space to explore complex topics in depth.“Panels inform, but interaction transforms,” Suasi explains. “This year’s Forum is designed to ensure that every voice in the room can actively shape the discussion.”The outcome of each session is not left abstract. Instead, every group works towards a defined result, whether that is a strategic framework, a diagnostic tool or a roadmap for future action. These outputs are then fed into the Forum’s Think Tanks on Day 2, where insights are synthesised and expanded upon at a broader, industry-wide level.This structured approach ensures that ideas generated within smaller groups do not remain isolated, but contribute to a collective narrative capable of driving real progress.<img src="https://photo-assets.superyachttimes.com/photo/383493/image/large-c123f173504eb91125282cbb660aba1d.png" data-gid="gid://syiq/Photo/383493">Tackling the industry’s most pressing themesAcross the three strategic pillars, the SGS programme addresses a wide spectrum of topics, reflecting the complexity and interconnected nature of the superyacht ecosystem.Within Destination Strategy, discussions range from analysing the true economic and social impact of yachting , led by Kerry Allerton, Business Development Manager at <a data-gid="gid://syiq/Company/6309" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Evolution Yacht Agents (Company)">Evolution Yacht Agents</a>, to rethinking how destinations can evolve into fully integrated yachting hubs, led by Isabel Martínez, Commercial Director of <a data-gid="gid://syiq/Company/8799" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IPM IMG Marine Group (Company)">IPM-IMG Marine Group</a>. Sessions will also explore long-term preparedness through forward-looking exercises such as “Designing for 2036”, led by Camille Lopez, the Founding President of <a data-gid="gid://syiq/Company/7108" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HY-Plug (Company)">Hy-Plug</a>, as well as the importance of strengthening collaboration across Mediterranean destinations to create a more cohesive regional network, led by Jessima Timerberlake, Senior Sales Manager at <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>.These conversations are particularly timely. As regulatory pressures increase and public scrutiny around yachting intensifies, destinations are being challenged to clearly articulate their value proposition while adapting to future demands. By developing structured narratives and readiness frameworks, participants can contribute to a more unified and credible positioning of the sector.<img src="https://photo-assets.superyachttimes.com/photo/383495/image/large-e8d771f80e4a062edb85e7416701ee0c.png" data-gid="gid://syiq/Photo/383495">The Business Strategy pillar shifts focus towards the operational backbone of the industry, with a strong emphasis on the refit ecosystem. Topics include building a connected digital culture, which will be led by <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>’s IT and Digitalisation Director Rubén Carmona, addressing talent management in labour-intensive environments, led by Paul Grüni, Production Director at <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>, and ensuring business continuity beyond founder-led structures, led by <a data-gid="gid://syiq/Company/8216" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautipaints Group (Company)">Nautipaints</a>’ Deputy General Manager, Joan Salom.These discussions recognise a critical reality: sustainable growth in the superyacht sector depends not only on market demand, but also on the industry’s ability to professionalise, innovate and attract skilled talent. By examining areas such as digital integration and workforce strategy, the SGS aim to provide practical tools that businesses can apply directly within their operations.The influence of external capital is also a key theme, and will see Gloria Fernández, the M&amp;A Director at <a data-gid="gid://syiq/Company/8800" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="I-Deal Consulting (Company)">i-Deal</a> lead the discussion. As private investment continues to reshape the yachting landscape, understanding how to balance growth, control and long-term value creation has become increasingly important. Through structured analysis, participants will explore how companies can adapt to this evolving financial environment while maintaining strategic clarity.<img src="https://photo-assets.superyachttimes.com/photo/383494/image/large-933b1bdbd29e539d81081d33fddef330.png" data-gid="gid://syiq/Photo/383494">In the Commercial Strategy sessions, attention turns to how companies position themselves within the superyacht value chain. These discussions aim to demystify the commercial process, from defining the true ‘product’ of marinas and shipyards to understanding the complex decision-making dynamics between owners, captains and management companies, led by Antonella della Pietra, Managing Partner of <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>.Equally important is the focus on sales strategy, a session that will be led by Ione Astondoa, COO of <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a>, as well as owner experience, led by Francisco Villalobos, VCP Director at <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>. By identifying high-impact actions and clarifying who shapes perception at each stage of the yacht lifecycle, participants can develop more targeted and effective approaches to growth. The result is not only stronger commercial performance, but also improved alignment across stakeholders, ultimately enhancing the owner journey.<img src="https://photo-assets.superyachttimes.com/photo/340801/image/large-05c98524da27c7331a578995c9bf1670.jpg" data-gid="gid://syiq/Photo/340801">A format built on listening and collaborationOne of the defining characteristics of the SGS programme is its foundation in industry input. Rather than imposing topics from the outset, <a data-gid="gid://syiq/Company/7977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balearic Marine Cluster (Company)">BMC</a> has worked closely with stakeholders across the Mediterranean to identify the issues that matter most. “Rather than imposing topics, we listened to the industry first,” Suasi notes. “The agenda is a direct reflection of real concerns coming from the Mediterranean superyacht ecosystem.”This consultative approach reinforces the <a data-gid="gid://syiq/Event/315" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mediterranean Superyacht Forum - 2026">Forum</a>’s role as a platform shaped by its participants. It also ensures that discussions remain grounded in real-world challenges, increasing the likelihood that proposed solutions will be both relevant and implementable.By bringing together a diverse mix of professionals - from shipyards and marinas to designers, brokers, investors and owner representatives - the SGS create an environment where multiple perspectives can converge. This diversity is essential in an industry where decisions are rarely made in isolation and where collaboration often determines success.<img src="https://photo-assets.superyachttimes.com/photo/340809/image/large-4dfc84a13dc25589b7ab130636880e51.jpg" data-gid="gid://syiq/Photo/340809">Building momentum for the MediterraneanThe emphasis on interaction is not simply a matter of format; it reflects a broader recognition of what the industry needs at this moment in time. Faced with evolving regulations, sustainability pressures and shifting client expectations, the superyacht sector must move beyond fragmented thinking and towards greater alignment. “The Forum exists because the industry needs a place where dialogue is not performative, but productive,” Suasi adds.By creating structured opportunities for collaboration, the SGS aim to bridge gaps between different segments of the industry and foster a more cohesive approach to shared challenges. The expectation is that this will lead not only to stronger strategies, but also to new partnerships and initiatives that extend beyond the Forum itself.As the Mediterranean continues to position itself as a leading global yachting hub, this kind of collective thinking becomes increasingly important. Strengthening the region’s competitiveness requires more than individual excellence; it demands coordinated effort, shared vision and a willingness to engage in open, constructive dialogue.<img src="https://photo-assets.superyachttimes.com/photo/303470/image/large-5caff6355fcf4c8bb5fe159ca515b061.jpg" data-gid="gid://syiq/Photo/303470">Looking aheadThe Small Group Sessions represent a significant step forward in how industry events can deliver value. By combining focused discussion with clearly defined outcomes, they offer a model for turning expertise into action.As <a data-gid="gid://syiq/Event/315" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mediterranean Superyacht Forum - 2026">MSF</a> continues to evolve, its commitment to participation, relevance and tangible results sets it apart within the superyacht calendar. For those attending, the opportunity is clear: to contribute not just to conversation, but to the frameworks and strategies that will shape the future of the Mediterranean yachting sector.In Palma this April, the message is simple: the future of yachting will not be decided on stage, but around the table.

Mediterranean Superyacht Forum small group sessions

The Mediterranean Superyacht Forum returns to Palma next week, hosted by the Balearic Marine Cluster.

Shaping solutions through dialogue: Inside the Mediterranean Superyacht Forum’s small group sessions

The <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a> has announced that European investment firm Squircle Capital has increased its controlling stake to 100 percent.&nbsp;In 2019, Squircle Capital joined the shareholder structure with a 77.5 percent stake in <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>, alongside an option to increase its participation. In December 2022, Squircle raised its holding to 93 percent and then to 98 percent in 2025, before completing the full acquisition in March 2026.Read:&nbsp;<a data-gid="gid://syiq/Article/56572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Squircle Capital now 93% shareholder of MB92 Group (2022-12-14 11:30:00 +0100)">Squircle Capital now 93% shareholder of MB92 Group</a><img src="https://photo-assets.superyachttimes.com/photo/389228/image/large-7f90603915b45271520de115f3c0b460.png" data-gid="gid://syiq/Photo/389228">“Squircle Capital’s acquisition of 100 percent of the company reflects its full confidence in the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> project and in the group’s growth potential,” commented Ben Mennem, CEO of <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>. “With their support, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> will continue moving forward with a long-term vision, investing in its facilities, in its team, and in the qualities that define the company.”Headquartered in Spain, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> operates major refit facilities in <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona</a> and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a>, alongside its presence in <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">Golfe-Juan</a>. Since Squircle Capital’s initial investment, the group has undertaken a series of infrastructure developments aimed at strengthening its market position.&nbsp;These include the installation of a 4,800-tonne shiplift in <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona</a> and the development of a 4,300-tonne platform in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a>, as well as the expansion of its operational footprint to <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">Golfe-Juan</a> in 2024.Read:&nbsp;<a data-gid="gid://syiq/Article/65269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan officially inaugurated following €5M upgrade (2026-01-30 09:30:00 +0100)">MB92 Golfe-Juan officially inaugurated following €5M upgrade</a><img src="https://photo-assets.superyachttimes.com/photo/364032/image/large-2074efc9fcbaf7c390245f20d48297e3.jpg" data-gid="gid://syiq/Photo/364032">In 2025, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> <a data-gid="gid://syiq/Article/62369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group acquires yacht paint specialist GYG Limited (2025-01-10 10:45:00 +0100)">completed the acquisition of GYG Limited</a>, a specialist in superyacht painting, services and supply. The transaction brought together brands including <a data-gid="gid://syiq/Company/340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinmar (Company)">Pinmar</a>, Pinmar Yacht Supply and Technocraft, further enhancing <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>’s service offering across the refit sector.The increase in ownership comes as <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> develops its strategic roadmap for the next five years, with a continued focus on infrastructure investment, operational growth and service capability.“This new step reinforces our strong commitment to <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>, one of the most important assets in our portfolio and to its impressive trajectory in recent years,” concluded John Nery, Managing Partner and Head of Investments at Squircle Capital.“MB92 has delivered an outstanding track record of operational and strategic success since our initial investment, and we have no doubt that this will continue in the future. Squircle Capital will remain fully supportive of the group on this journey.”

Squircle Capital acquires 100% of MB92 Group

The MB92 Group has announced that European investment firm Squircle Capital has increased its controlling stake to 100 percent. 

Squircle Capital acquires full ownership of MB92 Group

The 18th Business Symposium - La Belle Classe Superyachts concluded at the <a data-gid="gid://syiq/Company/4337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club de Monaco (Company)">Yacht Club de Monaco</a> last week, with <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>’ Editor-in-Chief Francesca Webster offering a factual overview of the superyacht market.<img src="https://photo-assets.superyachttimes.com/photo/385290/image/large-2174ea282af063e327277f7107347d65.jpg" data-gid="gid://syiq/Photo/385290">Organised in collaboration with UBS, the event brought together key figures from the international yachting industry for a dinner debate held as part of the ‘Monaco, Capital of Advanced Yachting’ initiative, examining the structural challenges and opportunities shaping the industry towards 2035.This year’s theme of “Yachting 2035: the economic transformation of the sector in response to new environmental standards,” offered a forward-looking analysis of structural changes across the industry.With an estimated global economic impact of €54 billion, nearly 80 percent of which is concentrated in Europe, the superyacht sector is entering a period of significant transformation. Participants agreed that the environmental transition is no longer a future consideration, but a defining factor in current economic and strategic decision-making.“Yachting is part of an economic, environmental and human ecosystem that requires a collective, long-term vision,” said Bernard d’Alessandri, Managing Director and General Secretary of the <a data-gid="gid://syiq/Company/4337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club de Monaco (Company)">Yacht Club de Monaco</a>. He highlighted the symposium’s role in bringing together stakeholders from across the value chain to exchange perspectives and support the sector’s long-term resilience.Christophe Madrolle, Regional Councillor of Provence-Alpes-Côte d’Azur and member of the Standing Committee for Biodiversity, Sea and Coastline, added that sustainability challenges are enabling the development of new strategies that balance business growth with environmental responsibility.<img src="https://photo-assets.superyachttimes.com/photo/385334/image/large-5ef61c60f7c1485fc22f7ab6546007a4.jpg" data-gid="gid://syiq/Photo/385334">A data-driven view of a changing marketOpening the discussions, <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>’ Editor-in-Chief Francesca Webster presented an overview of the market, which continues to show structural resilience despite wider economic and political uncertainty. Figures from SuperYacht iQ show that more than 6,200 yachts over 30 metres are currently in operation worldwide, supported by a consistently strong order book.After a cautious first half of 2025, marked by market stagnation and slower activity, momentum recovered during the second half of the year. By year-end, transaction volumes had exceeded those recorded in 2024, with both total sales and gross tonnage reaching higher levels.Growth has been particularly evident in the over-80-metre segment, alongside a rebalancing between new-build, brokerage and refit activity. The refit market alone is estimated to generate €5.6 billion in economic impact, with 71 percent attributed to indirect activities such as supply chains, services, logistics and accommodation, delivering tangible benefits for local economies.She also noted qualitative shifts across the sector, including longer decision-making cycles, increasingly complex projects and the integration of environmental performance criteria from the earliest design stages. As regulatory frameworks evolve, sustainability is becoming an increasingly influential factor in owner decision-making.<img src="https://photo-assets.superyachttimes.com/photo/385337/image/large-0f0aae8339f93e759337b4eb8e464683.jpg" data-gid="gid://syiq/Photo/385337">Macroeconomic forces shaping the sectorProviding a broader economic and geopolitical perspective, Maximilian Kunkel, Chief Investment Officer at UBS, outlined five long-term forces influencing the global economy: demographics, deglobalisation, decarbonisation, digitalisation and debt.Ageing populations in developed and emerging markets are contributing to labour shortages and accelerating investment in automation and productivity-enhancing technologies. Deglobalisation is giving rise to a more multipolar world, characterised by geopolitical rivalry alongside continued trade interdependence.Decarbonisation and digitalisation are fundamentally reshaping economic models and patterns of work and consumption, while historically high levels of public and private debt are constraining government flexibility. Despite these pressures, Kunkel suggested that productivity gains driven by digitalisation could offset some of the structural challenges, allowing for cautious optimism in the years ahead.<img src="https://photo-assets.superyachttimes.com/photo/385336/image/large-69e45b1fa05f843b115856010e901387.jpg" data-gid="gid://syiq/Photo/385336">Environmental standards as an economic driver for 2035Attention then turned to the regulatory horizon towards 2035, with Dr Nathalie Hilmi, an expert in macroeconomics, international finance and sustainable development, stressing that environmental performance is rapidly becoming a core economic indicator.“Environmental regulation is no longer a future concern. It is now a structural economic driver,” she said, noting that emissions are increasingly treated as financial liabilities with direct implications for operating margins.While new standards will require significant investment in areas such as alternative fuels, new technologies and fleet upgrades, speakers agreed that early adoption offers competitive advantages. With new build activity alone generating an estimated €20 billion in economic impact, adapting to environmental requirements represents a strategic shift for the sector.Txema Rubio, Commercial Director of <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>, emphasised the importance of upgrading the existing fleet alongside new construction. He noted that investment in environmental performance through refit plays a key role in protecting long-term asset value while meeting evolving owner expectations.<img src="https://photo-assets.superyachttimes.com/photo/385335/image/large-083a913e3ab16bd38eba33a3ce2e2363.jpg" data-gid="gid://syiq/Photo/385335">From additional cost to value creationDiscussions also explored how sustainability-related costs can be transformed into value through design and innovation. Marnix Hoekstra, Co-Creative Director and Partner at <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>, described sustainability as one of the defining design challenges facing the industry.He highlighted the importance of integrating environmental considerations from the earliest design phases as a driver of innovation, rather than viewing regulation as a constraint. As an example, Hoekstra pointed to the 68.85-metre zero-emissions monohull <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a>, which is powered by thermal, solar and wind energy, with an energy storage capacity of 5MWh.Designed around principles of cogeneration, the project uses photovoltaic panels not only to generate electricity but also to capture heat for onboard climate systems. Conceived as a vision-led project rather than a regulatory response, it reflects the expectations of a new generation of owners for whom sustainability is increasingly central to both experience and long-term value.<img src="https://photo-assets.superyachttimes.com/photo/385289/image/large-95339f6c9ee0241b3dc5269a77a5e3b4.jpg" data-gid="gid://syiq/Photo/385289">Monaco as a testing groundMonaco’s high concentration of nautical activity positions the Principality as a case study for the practical impact of new environmental standards. Since 2025, tighter requirements have increased operational constraints and investment needs, while establishing Monaco as a testing ground for more sustainable yachting practices.Participants agreed that the lessons learned in Monaco are likely to inform broader regulatory and operational approaches across the Mediterranean and beyond in the coming years.Through the La Belle Classe Superyachts Business Symposium, the <a data-gid="gid://syiq/Company/4337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club de Monaco (Company)">Yacht Club de Monaco</a> continues to position itself as a platform for dialogue on the future of responsible and economically sustainable yachting. This momentum will continue during the Monaco Capital of Advanced Yachting Rendezvous, taking place from 21 to 24 March, which will also include a careers fair aimed at engaging the next generation of industry professionals.

Yacht Club de Monaco Business Symposium concludes

The 18th annual La Belle Classe Superyachts Business Symposium has concluded at the Yacht Club de Monaco, with SYT in attendance.

18th annual La Belle Classe Superyachts Business Symposium concludes in Monaco

The <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a> has officially inaugurated its <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">MB92 Golfe-Juan</a> facility, following the completion of a major investment to modernise the site.<img src="https://photo-assets.superyachttimes.com/photo/384403/image/large-125fd19ea7ce560c8de3c349d000aa4e.jpg" data-gid="gid://syiq/Photo/384403">The inauguration took place in the presence of representatives of the town of Vallauris Golfe-Juan, partners, clients and the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> team, following a structured rehabilitation programme, supported by an investment of over €5 million. <img src="https://photo-assets.superyachttimes.com/photo/384396/image/large-10a57bfdce23bcfd6d1612e86711e92d.jpeg" data-gid="gid://syiq/Photo/384396"><img src="https://photo-assets.superyachttimes.com/photo/384397/image/large-41580d8934a55e2c31e62db8008786b6.jpeg" data-gid="gid://syiq/Photo/384397">“This inauguration marks an important milestone for us and reflects a collective achievement,” said Philippe Escousse, Site Director of <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">MB92 Golfe-Juan</a>. “I would like to thank the entire team for their professionalism, as well as our colleagues in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a>, whose experience and knowhow were essential in bringing this project to its timely completion.”&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/62743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan refit, maintenance and repair facility opens for yachts up to 43m (2025-02-27 12:15:00 +0100)">MB92 Golfe-Juan refit, maintenance and repair facility opens for yachts up to 43m</a><img src="https://photo-assets.superyachttimes.com/photo/384399/image/large-2c0053768381c93b8b28babb11f29a44.jpg" data-gid="gid://syiq/Photo/384399">The upgrade intended to raise the technical standards of the facility and ensure full compliance with health, safety and environmental regulations. The works included the comprehensive resurfacing of the entire 8,600 square-metre site, the installation of a high-performance water treatment system (UDEP), and the complete rehabilitation of all workshops and offices.<img src="https://photo-assets.superyachttimes.com/photo/384401/image/large-e0bcbd5551a0e6deaeca898eaa536c05.jpg" data-gid="gid://syiq/Photo/384401"><img src="https://photo-assets.superyachttimes.com/photo/384400/image/large-8864f8acac9065012a0bbb1dfa9bb6e2.jpg" data-gid="gid://syiq/Photo/384400">“In 2025, <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">MB92 Golfe-Juan</a> delivered 61 projects on yachts ranging from 12.5 to 41 metres in length. Achieving this level of activity while the site was undergoing major transformation demonstrates the dedication and capability of the team,” added Rob Papworth, CEO of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>. <img src="https://photo-assets.superyachttimes.com/photo/384402/image/large-afe45aee5b62c9fe99cc6bdb87f8b46b.jpg" data-gid="gid://syiq/Photo/384402">“We now look forward to continuing to build strong relationships with local suppliers and contractors, working together to provide our <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">Golfe-Juan</a> clients with the same level of excellence as in our other shipyards.”

MB92 Golfe-Juan officially inaugurated following €5M upgrade

The MB92 Group has officially inaugurated its MB92 Golfe-Juan facility, following the completion of a major investment to modernise the site.

With <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a> 2025 right around the corner, manufacturers, product designers, captains and superyacht builders are looking forward to coming together at the RAI, in Amsterdam, the Netherlands. The trade show, set to last three days, is filled to the brim with conferences where speakers from various fields in yachting will present challenges, solutions and new technologies, as well as business booths to visit, and social gatherings ideal for networking. &nbsp;The Superyacht Coating Conference, taking place on Tuesday 18 and Wednesday 19 November, is co-organised with the <a data-gid="gid://syiq/Company/7886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICOMIA (Company)">International Council of Marine Industry Associations</a> (ICOMIA) and the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">Superyacht Builders Association</a> (SYBAss). The event has a business-to-business approach and will enable professionals to stay up to date on the latest legislation, tools and standardised procedures relating to superyacht coatings. <img src="https://photo-assets.superyachttimes.com/photo/377164/image/large-12ef247e2055d935bb72458458cbfcfc.jpg" data-gid="gid://syiq/Photo/377164">Connect, share knowledge, and collaborate on solutionsThe intimate event, with a maximum guest list of 250 industry peers, will be a leading platform for senior professionals to connect, share knowledge, and focus on solutions for some of the industry’s most pressing technical issues and regulatory changes.&nbsp;This exclusive networking event for the superyacht industry will give the opportunity for coating brands to connect with builders, designers and industry leaders. A special focus will be placed on the industry’s most pressing topics, open the floor to crucial dialogue and conclude with actionable insights.The Superyacht Coating Conference is set to have an interactive approach and will focus on:<ul><li>The latest developments in legislation</li><li>ISO Standards</li><li>Sustainability</li><li>Examine coatings from an owner's perspective</li><li>Present advances in coating inspection, advisor certification and dispute resolution</li></ul><img src="https://photo-assets.superyachttimes.com/photo/377165/image/large-1c8378b8c2f672882f94bdb33b3ed126.jpg" data-gid="gid://syiq/Photo/377165">Furthermore, the conference will look at the future of (super)yacht coating: how will international standards and guidelines change and tighten? How will application techniques change in the coming years? How will coating-related legislation, Anti-Fouling coatings and comprehensive quality assurance measures change as the industry pushes to make yachting more sustainable?The Superyacht Coating Conference programme will also feature insight from numerous speakers, each an expert in their topic. The speakers come from renowned organisations and businesses throughout the superyacht sector, including:&nbsp;<ul><li>Albert Willemsen, <a data-gid="gid://syiq/Company/7886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICOMIA (Company)">ICOMIA</a>'s Environment Consultant;</li><li>Miichael Breman, Sales Director at <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>;</li><li>Tom de Vries, Managing Director at <a data-gid="gid://syiq/Company/4951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Koninklijke De Vries Scheepsbouw (Company)">Royal de Vries Shipyards</a> - <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.</li></ul>The speakers will focus on the topic of ‘Driving Sustainability, Quality and Innovation in Superyacht Coatings’. Michael Bremen noted that “The Superyacht Coating Conference brings together the leading specialists, shipyards and suppliers who drive quality and innovation. I’m looking forward to sharing perspectives on where the industry is heading and how collaboration can help us meet future challenges.” Tom de Vries added that “This is a moment for the superyacht community to look beyond the surface - both literally and figuratively - and to explore how we can continue to lead in craftsmanship, sustainability, and long-term value of our clients.”<img src="https://photo-assets.superyachttimes.com/photo/346101/image/large-3edcc36858bbfd7bc1ce54a0205ca07f.png" data-gid="gid://syiq/Photo/346101">Key stakeholders in the superyacht coating industry“The topic of superyacht coatings remains one of the greatest challenges facing the new build and refit yards,” notes Niels Klarenbeek, Director of <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a>, “The Superyacht Coating Conference is an excellent opportunity to share knowledge and expertise among those who have a passion for creating perfection in paint”The Superyacht Coating Conference 2025 is supported by key industry players and will provide unparalleled network opportunities. Some of the key industry players present at the conference include: <a data-gid="gid://syiq/Company/7254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AkzoNobel (Company)">AkzoNobel</a>, <a data-gid="gid://syiq/Company/2175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hempel (Company)">Hempel</a>, <a data-gid="gid://syiq/Company/7317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BAE Systems (Company)">BAE Systems Inc.</a>, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>, Pettit Paint, De Koning Group, and <a data-gid="gid://syiq/Company/2988" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wrede Consulting GmbH (Company)">Wrede Consulting GmbH</a>. With the investment of stakeholders and the industry’s curiosity for the future of superyacht coatings and its accompanying regulations, <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a> has made the event bi-annual and it is set to take place not only alongside <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a>, but also alongside The Superyacht Forum,. allowing broader industry connections during the networking moments. Niels adds that “the changing landscape in the superyacht industry makes this the essential time to organise this conference again.”

A first look at the Superyacht Coating Conference 2025

A first look at the Superyacht Coating Conference hosted during Metstrade 2025.

<a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" rel="noopener noreferrer" target="_blank" title="">Early bird tickets</a> for the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> are closing soon, marking the final opportunity for attendees to secure discounted entry to one of the Middle East’s leading superyacht conferences. <img src="https://photo-assets.superyachttimes.com/photo/367050/image/large-2f87e1fd131f659cbec6cf96d4a919b7.jpg" data-gid="gid://syiq/Photo/367050">Hosted in Abu Dhabi on Thursday 4 and Friday 5 December 2025, the event will bring together key industry stakeholders to discuss the region’s growing role in the global superyacht market.Strategically timed around the Abu Dhabi Formula 1 Grand Prix, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">GSS</a> will take place before the racing which is scheduled for 5 to 7 December. The summit continues to establish itself as a leading platform for stakeholders in the superyacht sector to exchange ideas, build relationships and explore the region’s evolving potential.Following the success of the 2024 edition held at the Jumeirah Beach Hotel in Dubai, the summit will return to Abu Dhabi this year, building on its growing regional influence.Read:&nbsp;<a data-gid="gid://syiq/Article/62174" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A full summary of Day 2 of the Gulf Superyacht Summit 2024 (2024-12-06 16:30:00 +0100)">A full summary of Day 2 of the Gulf Superyacht Summit 2024</a><img src="https://photo-assets.superyachttimes.com/photo/349168/image/large-6b266be87c42fad730481232e41de224.jpg" data-gid="gid://syiq/Photo/349168">The <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> is held once again under the patronage of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a> and will see a strong line-up of industry partners and sponsors. <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Yachts</a> and <a data-gid="gid://syiq/Company/7908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amaala (Company)">Amaala Yacht Club</a> have joined as an event partners, alongside Destination Partners <a data-gid="gid://syiq/Company/1342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abu Dhabi Yacht Show (Company)">Abu Dhabi International Boat Show</a> and Dinner Partner <a data-gid="gid://syiq/Company/6865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Tourism (Company)">Dubai Tourism</a>.Platinum sponsors include <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a>, <a data-gid="gid://syiq/Company/6497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abu Dhabi Maritime (Company)">Abu Dhabi Maritime</a> and Maritime Cook Islands, while <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime Agency</a>, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>, the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>, Kalimas, <a data-gid="gid://syiq/Company/7483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Autore DMCCO (Company)">Autore</a>, <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a>, <a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">Ocean World</a>, <a data-gid="gid://syiq/Company/4975" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Group (Company)">Acquera</a>, <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> and <a data-gid="gid://syiq/Company/8380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yachts (Company)">Royal Yachts</a> have also been confirmed as gold sponsors.As well as this the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> sees <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, <a data-gid="gid://syiq/Company/7736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YachtEye (Company)">YachtEye</a>, <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a>, <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a>, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyds Register</a>, <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club & Marina (Company)">Jeddah Yacht Club &amp; Marina</a>, <a data-gid="gid://syiq/Company/7996" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Middle East (Company)">Superyacht Middle East</a>, <a data-gid="gid://syiq/Company/7319" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Interiors (Company)">Superyacht Interiors</a>, <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula (Company)">Peninsula</a>, <a data-gid="gid://syiq/Company/2878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Mouj Marina (Company)">Al Mouj Marin</a>a, <a data-gid="gid://syiq/Company/7872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GX Superyachts (Company)">GX Superyachts</a>, <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood</a> and <a data-gid="gid://syiq/Company/5821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HFW Yachts (Company)">HFW</a> joining as silver sponsors.<img src="https://photo-assets.superyachttimes.com/photo/341941/image/large-e33e7b61a1913a5558da23b8b0a6577d.jpeg" data-gid="gid://syiq/Photo/341941">With its central mission to inform, assist and advise yachting clients and related stakeholders, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> plays a crucial role in shaping the Gulf’s potential as a year-round hub for superyacht activity. The 2024 edition welcomed over 50 family offices, captains and owner representatives, fostering deeper engagement through curated discussions, networking opportunities and an exclusive dinner programme.Further details, including the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> programme and speaker line-up will be announced in the coming months, with the first topics already announced.Read:&nbsp;<a data-gid="gid://syiq/Article/64213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Additional panel topics for the Gulf Superyacht Summit 2025 announced (2025-10-10 14:00:00 +0200)">Additional panel topics for the Gulf Superyacht Summit 2025 announced</a>Tickets are available to purchase via the <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" rel="noopener noreferrer" target="_blank" title="">following link</a>, with <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" rel="noopener noreferrer" target="_blank" title="">early bird tickets</a> closing soon.

GSS 2025: Last chance to buy early bird tickets

Early bird tickets for the Gulf Superyacht Summit 2025 in Abu Dhabi on Thursday 4 and Friday 5 December are closing soon.

Last chance to buy early bird tickets for the Gulf Superyacht Summit 2025!

As preparations for the upcoming&nbsp;<a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a>&nbsp;are underway, Features Editor Leona Caanen takes a dive into the show’s focus on the refit market.A prominent superyacht-agenda has been crafted for the show, with a special focus on the refit market. In this year’s edition, the show has added a special focus on refit, focusing on enhancing the sector’s growth through inspiring innovations and the sharing of knowledge.The Superyacht Zone at <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a> is a central meeting point for the global refit sector to collaborate, as well as anticipate future trends in the market. For the 2025 edition, the Superyacht Zone will extend across three halls (8, 9 and 10), making it the most influential gathering of the superyacht trade sector. <img src="https://photo-assets.superyachttimes.com/photo/373428/image/large-3384f760ec90fa47a536efeea33db4e2.jpg" data-gid="gid://syiq/Photo/373428">Refit expertise at The Superyacht ZoneThere are approximately 6,000 active vessels that require regular, major works. At the show, visitors of the Superyacht Zone can expand their knowledge of refitting a superyacht, how it impacts the entirety of the leisure marine ecosystem as well as how &nbsp;to capitalise on the high demand for refits. <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a> has teamed up with leaders in the refit industry the likes of <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a>, <a data-gid="gid://syiq/Company/1565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Marseille ITM Refit (Company)">Palumbo Superyachts Marseille</a> and the Australia Refit Cluster (<a data-gid="gid://syiq/Company/4342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Echo Yachts (Company)">Echo Yachts</a>, <a data-gid="gid://syiq/Company/3256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard (Company)">Rivergate Marina &amp; Shipyard</a>, and <a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">Gold Coast City Marina and Shipyard</a>), who will be exhibiting and sharing insight into their refit capabilities.Beverley Hart, the Marketing and Communications Manager at <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a> notes how “the introduction of the refit area at <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a> reflects the growing importance of the refit sector. Not only does it support the 6,000 superyachts that require work, but also the wider sector which benefits from the power of these refit-shipyards.” <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a> is eager to contribute valuable insights on how the refit sector can continue not only to grow but also to innovate within the leisure marine industry. “This year, we are excited to bring together all the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a> companies to exhibit under one roof at <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a>. That and introducing our industry colleagues <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells Modern</a> and Classic Boatbuilding and <a data-gid="gid://syiq/Company/8215" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norfolk Interiors (Company)">Norfolk Interiors</a>, for the first time,” Hart adds.<img src="https://photo-assets.superyachttimes.com/photo/373429/image/large-4b744ca23aa304b13ad9a259262dd71b.jpg" data-gid="gid://syiq/Photo/373429">Superyacht Stage: An industry spotlightThis year, <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a> has also introduced the Superyacht Stage, where events focusing on refit, as well as other important superyacht industry topics, will be discussed. The Superyacht Stage is located right next to the <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> stand, where key interviews with decision-makers in the refit sector and elsewhere will focus on shaping the future of the superyacht market.Director of the <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>, Merijn de Waard, emphases the importance of a show like <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a>: “<a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a> is always evolving for the benefit of both exhibitors and visitors. The show has grown year after year, and we at <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">Superyacht Times</a> and <a data-gid="gid://syiq/Company/8259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina World (Company)">Marina World</a> are proud to be long-standing partners.”The <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> aren’t the only ones who are excited: “The Superyacht sector is experiencing positive momentum and <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a> provides a unique opportunity to launch the growth trajectory even further, providing unique opportunities to uncover new products and innovations which add value to the onboard experience,” shares Niels Klarenbeek, Director of <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a>. <img src="https://photo-assets.superyachttimes.com/photo/373427/image/large-9c3a7c6c9e1fc384b26b5c8b49b67e7c.jpg" data-gid="gid://syiq/Photo/373427">The Superyacht Zone’s dedicated stage will host senior editors and market analysts from <a data-gid="gid://syiq/Company/7947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Group (Company)">the Superyacht Group</a>, alongside a group of hand-picked esteemed guests. Together, they will discuss what they expect the refit and rebuild market will look like over the next ten years, as well as what developments they hope to achieve. This session is taking place on November 20th at 13:15 on the Superyacht Zone stage.Later that day, Yiannis Andriotis, founder of <a data-gid="gid://syiq/Company/6958" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leapher Shipbuilding BV (Company)">Leapher Yachts</a>, together with the <a data-gid="gid://syiq/Company/7947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Group (Company)">SuperYacht Times</a>, will dive into the world of yacht construction. The discussion will unveil a unique behind-the-scenes look at what goes into starting a new shipyard facility. To gain valuable takeaways from industry experts, come visit the Superyacht Stage, in the Superyacht zone at 15:15 on November 20th. <img src="https://photo-assets.superyachttimes.com/photo/373430/image/large-520d7b3dd4a196cc57ce5e05b3880dab.jpg" data-gid="gid://syiq/Photo/373430">The expansion of the Superyacht Zone at this year’s show matches both the increasing excitement and innovation in this sector, all of which is currently thriving. “There is a lot to learn for the wider industry, as well as essential actions for shipyards, to continue to push for this growth,” Niels adds. The expanded Superyacht zone, and the addition of the Captains’ Club and high-end restaurant Harbour 8, provide even more of a reason to visit the Superyacht Zone.For more information, visit the <a href="https://www.metstrade.com/zones/superyacht-zone" target="_blank">Superyacht Zone</a> and the <a href="https://www.metstrade.com/programme?location=2.+Superyacht+Stage" target="_blank">Superyacht Stage programme</a>.

The Refit Market: Metstrade 2025 to focus on innovation and knowledge within the refit sector

Once regarded as the “Wild West”, the refit sector has been transformed over the past decades into a highly professional and structured industry. It is a change Rob Papworth has witnessed first-hand during his long career at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> on the French Riviera, part of the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>.Papworth was appointed CEO of the shipyard in December 2024, having joined the company more than 20 years ago, when it was known as <a data-gid="gid://syiq/Company/5474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CompositeWorks (Company)">Compositeworks</a>, and remained through its acquisition by <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> in 2017.SuperYacht Times spoke with Papworth about his career progression at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, the evolution of the refit sector, the shipyard’s relationship with its sister facility in Barcelona, and future developments shaping the refit industry.<img src="https://photo-assets.superyachttimes.com/photo/253948/image/large-7150f0f29ee9a7358bf29998eaba6d64.jpg" data-gid="gid://syiq/Photo/253948">From industry entry to CEO &nbsp;“It was an accidental transition, actually,” recalls Rob Papworth, reflecting on his unexpected entry into the yachting sector. Trained as a naval architect, Papworth looking forward to starting a career with shipping giant Maersk, but ended up being offered a delivery on a yacht. "Once I had been on board, I thought, wow, this is amazing. So I changed tack and decided to get involved in the yachting industry. That was more than 30 years ago now, and I’m still here.”Papworth has been based in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> for the past 25 years. He joined <a data-gid="gid://syiq/Company/5474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CompositeWorks (Company)">Compositeworks</a> in 2001, a few years after the company was established in 1998. The yard initially focused on building composite yachts and delivered a number of high-performance racing vessels, including projects for the Volvo Ocean Race and the America’s Cup.Over time, the focus shifted. “We gradually moved from construction into refit, mainly due to the location. We had deep-water quays, strong electrical infrastructure, and we started receiving requests for refit projects. We built our last yacht in 2007.”That transition laid the foundation for the yard’s long-term strategy. “That kind of high-tech, innovative approach became part of our identity and positioned us well as we moved into the refit market.”Since then, the company has grown in partnership with La Ciotat Shipyards, the port authority, and together they have invested in a series of major infrastructure developments. “A 300-tonne travel lift, a 2,000-tonne travel lift, the dry dock, and most recently the 4,300-tonne lift have enabled us to grow steadily and meet evolving demand,” he explained.<img src="https://photo-assets.superyachttimes.com/photo/369922/image/large-234601ecf6d4be832df4aeabc7af344d.jpg" data-gid="gid://syiq/Photo/369922">Group structure and operational dynamic between MB92 La Ciotat and MB92 BarcelonaCommenting on the relationship between <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> and <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a>, Papworth described a structure that is increasingly coordinated at group level. “There are quite a few shared roles, and we’ve moved towards a more centralised group structure for certain functions,” he explained. “For example, the commercial team is centralised, so they can allocate projects to either <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> or Barcelona depending on yard availability or client preference. Procurement is also managed at group level, which has improved our purchasing power through greater volume.”This operational model has also introduced more flexibility in project planning. “There have been several instances where a client has requested one yard, but due to a lack of availability, we’ve been able to accommodate the project at the other site. That has proved helpful from both an efficiency and client service perspective,” he added.While both sites operated independently for a few years, the integration has allowed the group to standardise key systems while retaining a degree of local identity. “We use the same quoting, invoicing and planning systems across both sites, so the experience is as consistent as possible,” said Papworth. “Of course, there are some cultural differences between France and Spain, but that’s part of the dynamic. Each site still has its own character.”With regard to <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>’s expansion abroad, including its project in Saudi Arabia, Papworth noted that new developments are typically managed at group level. Staff involved in these initiatives are drawn from both <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> and <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a>, depending on operational needs. “In the case of Saudi Arabia, the team based in Spain is overseeing the project, while the team in France has been leading the Golfe-Juan development, which was announced in 2024. In both cases, the assignment was made based on geographical proximity and available resources.”<img src="https://photo-assets.superyachttimes.com/photo/369923/image/large-c1747a4845ffddc45e8e4aaf369f6ffb.jpg" data-gid="gid://syiq/Photo/369923">Evolution of the refit market“Refit projects have grown in scale as yachts have become larger over the past 25 years. More striking, however, is the sector’s increased professionalism,” said Papworth.He characterised this evolution as both natural and necessary. As companies have grown, investment in facilities has been matched by a focus on skills, systems and governance. “Larger vessels and higher value contracts have raised expectations around planning, documentation and accountability. Clients now expect a seriousness that was previously uncommon,” he observed.This shift has also reshaped how projects are managed. Papworth went on to highlight the differences in scope and structure between refit and new build projects. “New build projects typically start with a defined specification and a price largely agreed at the outset,” he noted. “There may be change orders, but the scope is set from the beginning and the project works towards that plan. Refit is more dynamic, with shorter notice and an evolving scope at the start. That is one of the key differences and challenges.”Papworth added that the scale of refit has not only increased; its complexity has grown as well. “We’re certainly undertaking more and more complex projects each year,” he said. “We’ve been building up our technical base and skill set, and developing the team with that in mind.”He attributed much of this growing complexity to the sector’s focus on future proofing and sustainability. “We’ve been working on this theme of refitting for the future, finding ways to upgrade the existing fleet with sustainability in mind,” he explained. “Some of the changes can be quite drastic, whether that means re-motoring or even changing the fuel source. You need good people to be able to do that.”<img src="https://photo-assets.superyachttimes.com/photo/364030/image/large-9dca0acfd85abe22c5b58a93044d51aa.jpg" data-gid="gid://syiq/Photo/364030"> Looking ahead: projects and priorities<a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> is advancing a series of upcoming developments anchored in a five-year growth strategy focused on strengthening technical capabilities, modernising infrastructure, and broadening its service offering. According to Rob Papworth, the aim is to build on group-wide strengths while continuing to evolve the La Ciotat site in partnership with La Ciotat Shipyards. “The site itself is very large, and there is still a reasonable amount of potential for development,” he noted.Among the initiatives under review is the creation of a dedicated facility for tenders and chase boats. With some now reaching lengths of 18 to 20-metres, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a> sees growing demand for a specialised service tailored to their specific technical needs. “Outboards and small boat electronics are quite different to what we deal with on 80 to 100-metre yachts,” Papworth explained. “Having specialists in that area will be beneficial to our clients.”Another major investment is now coming to life. <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>’s in-house production teams, including carpentry, composites, electrics, plumbing and mechanics, are settling into brand new facilities, ready to hit the ground running for the upcoming season. The department had been operating from the same building since the company’s beginnings in 1998, and the new space represents a significant upgrade. The €6 million project includes state-of-the-art machinery, improved health and safety standards, and expanded working areas.&nbsp;Papworth described the new facility as integral in strengthening internal capabilities. “We really feel this will take that side of the business to a different level, " said Papworth. “It positions us to deliver even more ambitious projects, support our clients’ evolving needs, and continue developing the talent that will drive the future of the refit industry.”As the yard moves into its next phase, Papworth highlights the importance of combining experience, infrastructure, and technical capability. <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> is now ready to respond to the sector’s ongoing changes while maintaining the standards that have shaped its reputation.<img src="https://photo-assets.superyachttimes.com/photo/364032/image/large-2074efc9fcbaf7c390245f20d48297e3.jpg" data-gid="gid://syiq/Photo/364032">

How MB92 La Ciotat is evolving in the refit sector

SuperYacht Times spoke with Papworth about his career progression at MB92 La Ciotat, the evolution of the refit sector.

MB92 La Ciotat CEO discusses operational growth and the evolving refit sector

SuperYacht Times is proud to announce that <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a> and <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> are confirmed as key sponsors for the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a>. This year’s event, held under the patronage of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a>, reaffirms the importance of the Middle East as a thriving superyacht destination and aims to inform, assist and advise yachting clients and industry professionals.<img src="https://photo-assets.superyachttimes.com/photo/367050/image/large-2f87e1fd131f659cbec6cf96d4a919b7.jpg" data-gid="gid://syiq/Photo/367050">Returning for its seventh year, this prestigious two-day conference will be held between Thursday 4 and Friday 5 December 2025, at the Conrad Abu Dhabi Etihad Towers, in Abu Dhabi, bringing together key stakeholders from across the global superyacht sector.German shipyard <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, renowned for its large luxury superyachts, returns as a sponsor for this year’s summit, following its continued involvement since the 2023 edition in Abu Dhabi. With extensive experience in the region, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> has built iconic yachts such as <a data-gid="gid://syiq/Yacht/4638" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azzam180.61m (592'7&quot;)Lürssen Yachts2013">Azzam</a> for Middle Eastern clients and continues to serve the strong demand for large, fast superyachts in the area.As patronage sponsor of the event, <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a> will once again play a central role in the summit’s programme, alongside <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D Marin</a>, <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a>, <a data-gid="gid://syiq/Company/6497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abu Dhabi Maritime (Company)">Abu Dhabi Maritime</a> and Maritime Cook Islands joining as a platinum sponsor. <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime Agency</a>, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>, the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>, Kalimas, <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a>, Oceanworld, <a data-gid="gid://syiq/Company/4686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yachts Dubai (Company)">Royal Yacht</a>s, <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> and <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> have also been confirmed as gold sponsors.<img src="https://photo-assets.superyachttimes.com/photo/341940/image/large-b88ad4ae1cc0dc022d68927d1a8851b0.jpeg" data-gid="gid://syiq/Photo/341940">As well as this, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, <a data-gid="gid://syiq/Company/7736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YachtEye (Company)">YachtEye</a>, <a data-gid="gid://syiq/Company/5821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HFW Yachts (Company)">HFW Yachts</a>, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a>, <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyds Register</a>, <a data-gid="gid://syiq/Company/7996" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Middle East (Company)">Superyacht Middle East</a>, <a data-gid="gid://syiq/Company/7319" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Interiors (Company)">Superyacht Interiors</a>, <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula (Company)">Peninsula</a>, <a data-gid="gid://syiq/Company/7872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GX Superyachts (Company)">GX Superyachts</a>, <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood</a> and <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> will join the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> as silver sponsors.&nbsp;With its central mission to inform, assist and advise yachting clients and related stakeholders, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> plays a crucial role in shaping the Gulf’s potential as a year-round hub for superyacht activity. The 2024 edition welcomed over 50 family offices, captains and owner representatives, fostering deeper engagement through curated discussions, networking opportunities and an exclusive dinner programme.The <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> is set to deliver an engaging agenda focused on the region’s evolving superyacht landscape, supported by a distinguished line-up of sponsors and partners.The first speakers and topics of this year’s <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> will be announced soon, with tickets now available to purchase via the <a href="https://www.eventbrite.nl/e/gulf-superyacht-summit-2025-tickets-1393764560319?aff=oddtdtcreator" target="_blank">following link</a>, and <a href="https://www.eventbrite.nl/e/gulf-superyacht-summit-2025-tickets-1393764560319?aff=oddtdtcreator" target="_blank">early bird tickets</a> expected to sell out quickly.<img src="https://photo-assets.superyachttimes.com/photo/349168/image/large-8f51eb3f59677dc159f40885b9038be1.jpg" data-gid="gid://syiq/Photo/349168">

Lürssen and P&O Marinas at the Gulf Superyacht Summit 2025

SuperYacht Times is proud to announce that P&O Marinas and Lürssen are confirmed as key sponsors for the Gulf Superyacht Summit 2025. 

Lürssen and P&O Marinas confirmed as key sponsors for the Gulf Superyacht Summit 2025

SuperYacht Times is happy to announce that early bird tickets are now available for the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a>! Returning for its seventh year, this prestigious two-day conference will be held on Thursday 4 and Friday 5 December 2025, at the Conrad Abu Dhabi Etihad Towers, in Abu Dhabi.<img src="https://photo-assets.superyachttimes.com/photo/367050/image/large-2f87e1fd131f659cbec6cf96d4a919b7.jpg" data-gid="gid://syiq/Photo/367050">Strategically timed around the Abu Dhabi Formula 1 Grand Prix, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">GSS</a> will take place before the racing which is scheduled for 5 to 7 December. The summit continues to establish itself as a leading platform for stakeholders in the superyacht sector to exchange ideas, build relationships and explore the region’s evolving potential.Following the success of the 2024 edition held at the Jumeirah Beach Hotel in Dubai, the summit will return to Abu Dhabi this year, building on its growing regional influence.Read:&nbsp;<a data-gid="gid://syiq/Article/62174" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A full summary of Day 2 of the Gulf Superyacht Summit 2024 (2024-12-06 16:30:00 +0100)">A full summary of Day 2 of the Gulf Superyacht Summit 2024</a><img src="https://photo-assets.superyachttimes.com/photo/340275/image/large-dfeba75424565b30f1c1c4e8cb1670df.jpg" data-gid="gid://syiq/Photo/340275">The <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> is held once again under the patronage of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a> and will see a strong line-up of industry partners and sponsors. <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Yachts</a> has joined as an event partner, alongside <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a> as a platinum sponsor. <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime Agency</a>, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>, the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>,&nbsp;<a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> and <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a> have also been confirmed as gold sponsors.As well as this the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> sees <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, <a data-gid="gid://syiq/Company/7736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YachtEye (Company)">YachtEye</a>, <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a>, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> and <a data-gid="gid://syiq/Company/5821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HFW Yachts (Company)">HFW</a> joining as silver sponsors.With its central mission to inform, assist and advise yachting clients and related stakeholders, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> plays a crucial role in shaping the Gulf’s potential as a year-round hub for superyacht activity. The 2024 edition welcomed over 50 family offices, captains and owner representatives, fostering deeper engagement through curated discussions, networking opportunities and an exclusive dinner programme.Further details, including the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> programme and speaker line-up will be announced in the coming months.Tickets are available to purchase via the <a href="https://www.eventbrite.nl/e/gulf-superyacht-summit-2025-tickets-1393764560319?aff=oddtdtcreator" rel="noopener noreferrer" target="_blank" title="">following link</a>, with <a href="https://www.eventbrite.nl/e/gulf-superyacht-summit-2025-tickets-1393764560319?aff=oddtdtcreator" rel="noopener noreferrer" target="_blank" title="">early bird tickets</a> expected to sell out quickly.<img src="https://photo-assets.superyachttimes.com/photo/349168/image/large-3aa6e6a344fe6279cdc81c7c606cf109.jpg" data-gid="gid://syiq/Photo/349168">

Gulf Superyacht Summit 2025 early bird tickets now available 

SuperYacht Times is happy to announce that early bird tickets are now available for the Gulf Superyacht Summit 2025!

Early bird tickets available for the Gulf Superyacht Summit 2025 in Abu Dhabi

<a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> is pleased to announce that the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> will take place at the Conrad Abu Dhabi Etihad Towers, in Abu Dhabi on 4 and 5 December 2025. Strategically timed around the Abu Dhabi Formula 1 Grand Prix, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">GSS</a> will take place before the racing which is scheduled for 5 to 7 December.<img src="https://photo-assets.superyachttimes.com/photo/360679/image/large-13ba2442f3d428757d606b3af49d2ecb.jpg" data-gid="gid://syiq/Photo/360679">Now in its seventh edition, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> continues to establish itself as a leading platform for stakeholders in the superyacht sector to exchange ideas, build relationships and explore the region’s evolving potential.&nbsp;Following the success of the 2024 edition held at the Jumeirah Beach Hotel in Dubai, the summit will return to Abu Dhabi this year, building on its growing regional influence.Read: <a data-gid="gid://syiq/Article/62174" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A full summary of Day 2 of the Gulf Superyacht Summit 2024 (2024-12-06 16:30:00 +0100)">A full summary of Day 2 of the Gulf Superyacht Summit 2024</a><img src="https://photo-assets.superyachttimes.com/photo/360678/image/large-e228522c24c3427e6b08316bcf53efbe.jpg" data-gid="gid://syiq/Photo/360678">The <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> 2025 is held once again under the patronage of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a> and will see a strong line-up of industry partners and sponsors. <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Yachts</a> has joined as an event partner, alongside <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a> as a platinum sponsor. <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime Agency</a>, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>, the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a> and <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a> have also been confirmed as gold sponsors.As well as this the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> sees, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, <a data-gid="gid://syiq/Company/7736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YachtEye (Company)">YachtEye</a>, <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a>, <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a>, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> and <a data-gid="gid://syiq/Company/5821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HFW Yachts (Company)">HFW</a> joining as silver sponsors.“We are thrilled to be returning to Abu Dhabi for this year’s <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>,” said Merijn de Waard, Founder and Director of <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>. “The event continues to grow in influence, bringing together key stakeholders to discuss the future of the superyacht industry in the Gulf region. We look forward to facilitating meaningful conversations and driving forward the region’s position as a premier winter superyacht destination.”<img src="https://photo-assets.superyachttimes.com/photo/341940/image/large-b88ad4ae1cc0dc022d68927d1a8851b0.jpeg" data-gid="gid://syiq/Photo/341940">With its central mission to inform, assist and advise yachting clients and related stakeholders, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> plays a crucial role in shaping the Gulf’s potential as a year-round hub for superyacht activity. The 2024 edition welcomed over 50 family offices, captains and owner representatives, fostering deeper engagement through curated discussions, networking opportunities and an exclusive dinner programme.Further details, including the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> 2025 programme and speaker line-up will be announced in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/349168/image/large-d491ead2d1ab685b4ca67782a31bbcdd.png" data-gid="gid://syiq/Photo/349168">

GSS 2025: Gulf Superyacht Summit to return to Abu Dhabi

We are pleased to announce that the Gulf Superyacht Summit 2025 will take place at the Conrad Abu Dhabi Etihad Towers on 4 and 5 December. 

Gulf Superyacht Summit 2025 to return to Abu Dhabi this December

Organisers of the Marine Equipment Trade Show (<a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a>) have announced that this year’s edition will be the largest yet, as they will occupy the entire RAI Amsterdam complex for the first time ever.<img src="https://photo-assets.superyachttimes.com/photo/358801/image/large-4542eb99fa32f8b1cec9223f1d7a7517.jpg" data-gid="gid://syiq/Photo/358801">Taking place from 18 to 20 November 2025, the expanded venue will accommodate a more spacious show layout, an enhanced exhibitor offering and introduce a refreshed brand identity, including a new logo and visual language inspired by maritime signal flags.Exhibitor registration is already ahead of schedule, exceeding the pace of 2024’s record-setting edition, which welcomed nearly 1,600 manufacturers. “This year’s expansion is not only about scale — it’s about responding to the complex needs of the global marine industry,” explained Niels Klarenbeek, Director Maritime at RAI Amsterdam.<img src="https://photo-assets.superyachttimes.com/photo/358803/image/large-c57dd100ecd632bf71848127587aa041.jpg" data-gid="gid://syiq/Photo/358803">This year’s event sees the Superyacht Zone expand in Hall 8 to reflect the continued growth in the refit market, which supports an estimated 6,000 active superyachts worldwide. Confirmed participants include <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Yachts</a>, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92</a>, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a> and the Australia Refit cluster. In addition, a new Superyacht Stage will debut, offering dedicated content focused on innovation, design and operational advancements.The Superyacht Forum will once again convene senior industry stakeholders for strategic discussions in collaboration with organisations including <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SYBAss</a>, PYA, IYBA, MYBA, <a data-gid="gid://syiq/Company/7886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICOMIA (Company)">ICOMIA</a> and The Superyacht Alliance.<img src="https://photo-assets.superyachttimes.com/photo/358802/image/large-976b291dcb112889c502df7c5bba77b1.jpg" data-gid="gid://syiq/Photo/358802">Elsewhere in the exhibition, Hall 11 will debut a new zone dedicated to construction materials and coatings. <a data-gid="gid://syiq/Company/7254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AkzoNobel (Company)">AkzoNobel</a> is among the headline exhibitors, with a wider focus on sustainable innovation and composite technologies.&nbsp;<a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE (Company)">Metstrade</a> is also set to launch the USA Stage, in collaboration with NMMA, IBEX and Soundings Trade Only, to explore developments in the North American market and offer cross-Atlantic perspectives.<img src="https://photo-assets.superyachttimes.com/photo/358800/image/large-cffb9b34cdef8a0922543347c40a7767.jpg" data-gid="gid://syiq/Photo/358800">The Boat Builder Awards will move to Harbour 8, a new venue adjacent to Hall 8, aimed at improving accessibility and informal networking. The relocation follows industry feedback and is expected to enhance the overall experience for attendees.“The changes we are introducing this year focus on further strengthening <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a>’s unrivalled position as a relevant and reliable business platform for the leisure marine sector,” said Patricia Becker, Exhibition Manager at <a data-gid="gid://syiq/Event/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2025">Metstrade</a>.&nbsp;“Our new identity will bring clarity across all channels, with the broader content and layout delivering tangible value for all involved.”<img src="https://photo-assets.superyachttimes.com/photo/353869/image/large-828d64e34e978dd12169d779c218b9cd.png" data-gid="gid://syiq/Photo/353869">

Metstrade 2025 expands to host largest show to date

Organisers of Metstrade have announced that this year’s edition will be the largest yet as they will occupy the entire RAI Amsterdam.

The <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a> has announced the opening of the <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">MB92 Golfe-Juan</a> facility on the French Riviera. Managed by nearby <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, the refit, maintenance and repair facility is fully equipped to carry out all works on yachts up to 43-metres and has already completed its first haul-out.<img src="https://photo-assets.superyachttimes.com/photo/330499/image/large-5b900987d92bd03a49e644a378b193dd.jpg" data-gid="gid://syiq/Photo/330499">Strategically located between Monaco and St Tropez, <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">MB92 Golfe-Juan</a> offers a convenient base for all types of refit projects, ranging from short technical stops to complex refits. The facility is home to a new 240-tonne travelift and hardstanding space, which enables MB92 to simultaneously service up to 16 yachts.To meet the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">Group</a>’s strict quality standards, MB92 has invested over €5 million in modernising the site. Planned upgrades included the renovation of buildings, restoration of the hard-standing area and the installation of state-of-the-art infrastructure to improve environmental performance and prevent pollution.&nbsp;<a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">MB92 Golfe-Juan</a> will operate under the leadership of Site Manager Philippe Escousse, a former professional skipper with extensive yacht refit experience. Escousse’s hands-on approach, combined with the expertise of more than 15 professionals from the former shipyard, ensures a seamless transition for existing clients.<img src="https://photo-assets.superyachttimes.com/photo/347897/image/large-575782b53af79453b5c669879303d2d5.jpg" data-gid="gid://syiq/Photo/347897">Rob Papworth, CEO of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, commented: “Our experience with the 300t Origins platform in La Ciotat has proven the value of a flexible, client-focused approach and I am confident we can replicate the same success in Golfe-Juan.”This launch is part of a wider modernisation initiative of the Camille-Rayon port, led by D-Marin. Both companies aim to develop a high-performance service hub, combining world-class infrastructure with reliable services to meet the highest standards of sustainability and operational excellence.Corinne Reynaud, Global Chief Financial Officer at D-Marin and President of D-Marin France, added: “As we continue to enhance the capabilities of the Camille-Rayon port, the opening of <a data-gid="gid://syiq/Company/8013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Golfe-Juan (Company)">MB92 Golfe-Juan</a> marks an exciting new chapter in our commitment to delivering exceptional infrastructure and services.”

MB92 opens Golfe-Juan refit, maintenance and repair facility

MB92 Group has announced the opening of the MB92 Golfe-Juan facility on the French Riviera.

MB92 Golfe-Juan refit, maintenance and repair facility opens for yachts up to 43m

SuperYacht Times is excited to announce that this year’s <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> will be taking place on 4 and 5 December 2025 in Abu Dhabi.The annual two day conference will be returning to Abu Dhabi, with the event taking place around the Abu Dhabi Formula 1 Grand Prix, which will be held on the weekend between 5 and 7 December.<img src="https://photo-assets.superyachttimes.com/photo/349169/image/large-26cf2a694abaeb194953e6a585111d76.png" data-gid="gid://syiq/Photo/349169">Returning for the seventh edition, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> aims to inform, assist and advise yachting clients and related interested parties, with the goal to develop the Gulf as a leading winter superyacht destination.Once again held under the patronage of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a>, the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit 2025</a> has joined forces with <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Yachts</a> as an event partner, alongside gold sponsors <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime</a>, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>, <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a> and <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a>.&nbsp;This year’s event will also see <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, YachtEye, <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a>, <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> joining as silver sponsors.<img src="https://photo-assets.superyachttimes.com/photo/340276/image/large-59f32b4538aefb6aa2f02801c4370237.jpg" data-gid="gid://syiq/Photo/340276">The event will provide a meeting point for professionals from across the industry to discuss the current trends, issues and developments surrounding the superyacht industry in the Gulf Region.The 2023 edition, which was held at the Hilton Yas Island, Abu Dhabi was a great success, with over 250 attendees from across the global sector, with two days of talks and presentations on some of the most innovative technology currently under construction within the industry.The 2024 edition took place at the Jumeirah Beach Hotel, Dubai and invited over 50 family offices, captains and owner representatives to attend to create a deeper engagement, alongside thought-provoking discussions, networking events and an exclusive dinner.“We are thrilled to be returning to Abu Dhabi for this year’s <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>,” explained Merijn de Waard, Founder and Director of <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>. “ The event continues to grow in influence, bringing together key stakeholders to discuss the future of the superyacht industry in the Gulf region. We look forward to facilitating meaningful conversations and driving forward the region’s position as a premier winter superyacht destination.”<img src="https://photo-assets.superyachttimes.com/photo/349168/image/large-43741a3d149d01806127cf064600b071.png" data-gid="gid://syiq/Photo/349168">If you are interested in sponsoring the event, reach out to the sales team now at <a href="mailto:sales@superyachttimes.com." title="">sales@superyachttimes.com</a>.You can find out more about yachting in the Gulf region by downloading the full <a href="https://www.superyachttimes.com/market-reports/gulf-superyacht-report-2024-2025" rel="noopener noreferrer" target="_blank" title="">Gulf Superyacht Report 2024-2025</a> and subscribing to our premium content here.

Gulf Superyacht Summit 2025 to be held in Abu Dhabi

SuperYacht Times is excited to announce that this year’s Gulf Superyacht Summit will be taking place on 3 and 4 December 2024 in Abu Dhabi.

Gulf Superyacht Summit 2025 returns to Abu Dhabi

When it comes to winter destinations for superyachts, the Caribbean often dominates the conversation. However, recent attention has shifted towards the Red Sea, fuelled by extensive marina development projects on both the Saudi Arabian and Egyptian sides.Strategically located near the Mediterranean, the Red Sea offers superyachts a seamless transition from their summer cruising grounds and is progressing towards becoming a leading winter yachting destination.Despite this progress, several critical areas still require further development to fully realise the Red Sea’s potential as a sought-after destination. These include enhancing collaboration between nation-states, expanding infrastructure, adjusting regulatory frameworks for foreign-flagged vessels, and implementing robust sustainability measures to preserve its rich biodiversity.<img src="https://photo-assets.superyachttimes.com/photo/340269/image/large-9e9fc0cee2376c5984af362e554aca7a.jpg" data-gid="gid://syiq/Photo/340269">At the latest <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit</a> in Dubai, the 'Red Sea Opportunity' panel discussion featured Bahi Naguib, Red Sea Operations Director at <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime Agency</a>; Vienna Eleuteri, CEO Advisor for Regenerative Development, Regulations, and Policies at the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">Saudi Red Sea Authority</a> (<a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>); Txema Rubio, Commercial Director of the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>; and Rayan Bukhari, General Manager of <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Saudia</a>. The panelists explored the current progress of key projects and regulatory developments in Saudi Arabia and Egypt, discussing the potential impacts of these ambitious initiatives.The critical role of collaboration between Egypt and Saudi ArabiaTo develop the Red Sea into a superyacht destination, symbiotic collaboration between nearby nations is crucial for its development. Naguib emphasised the necessity of joint efforts between Saudi Arabia and Egypt. He stated, "Everything that passes through Saudi must also traverse the Suez Canal in Egypt. Both the Egyptian government and the private sector are crucial in supporting Saudi Arabia’s initiatives to develop this destination. Given the numerous stakeholders and complex dynamics involved, ensuring seamless access is essential." He noted that operations in the Suez Canal must be as efficient as possible and mentioned that, with cooperative efforts from the Saudi government, Egypt is working to streamline these processes. Furthermore, Naguib highlighted recent regulations introduced by the <a data-gid="gid://syiq/Company/7490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suez Canal Authority (Company)">Suez Canal Authority</a>, which offer a 30% discount to yachts under 300 tonnes traveling to the Red Sea, describing this as a commendable first step. However, he stressed the need for further development of infrastructure and destinations in the Red Sea region.Bukhari concurred with Naguib’s points but introduced an additional perspective. "For me, it’s quite straightforward, whether we’re discussing the Egyptian or the Saudi side of the Red Sea. To stimulate growth in the yachting ecosystem, we must create demand," he explained. "This involves developing a compelling and desirable itinerary, especially from the Saudi perspective, with which I am more familiar." Bukhari underlined that numerous developments are in progress. "There are exciting prospects on the horizon, both short-term and long-term. A prime example is the success of the <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club & Marina (Company)">Jeddah Marina &amp; Yacht Club</a> and <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a> in <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>, although, like any project, they require some adjustments. If we continue on this path, I am confident that soon we will establish an attractive itinerary for any superyacht."<img src="https://photo-assets.superyachttimes.com/photo/340144/image/large-2c026ddbd656a1ed4fdbf1fb87bd0b9b.jpg" data-gid="gid://syiq/Photo/340144">Rubio agreed with Bukhari’s point on the importance of creating a compelling itinerary in the Red Sea region. He added, “From our perspective, we play a modest yet crucial role, operating with rigorous discipline and a commitment to adaptability.” Rubio emphasised the broader challenges, stating, “Ultimately, there is a significant amount of infrastructure that still needs to be developed, and while our role may be small, it is essential. Our work not only supports the creation of itineraries but also ensures the availability of services and maintenance, which are critical for the success of winter cruising in the region.Evidence of how successful collaboration between Saudi Arabia and Egypt can be instrumental in developing the Red Sea was underscored by Naguib ahead of the Saudi Red Sea Week. He highlighted that a delegation from Saudi Arabia visited Egypt, which greatly enhanced direct communication between the two countries, particularly in relation to the Suez Canal. “The Egyptian authorities were proactive in ensuring smooth transit for numerous vessels,” Naguib reported. “This official delegation provided Egypt with valuable insights into the expectations and requirements of their clients.” He added that the outcomes not only met but, in some cases, exceeded expectations. “Many were pleasantly surprised by the efficiency of passing through the Suez Canal,” he recounted, emphasising the collaborative efforts of the two governments and their promising potential to establish the Red Sea as a premier destination for yachts.<img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492">Regulations and their role in developing the Red SeaWhile infrastructure and international cooperation are crucial, regulatory frameworks are equally vital in shaping the Red Sea's future as a yachting paradise. For a yachting destination to be truly attractive, regulations that facilitate the cruising of foreign-flagged private and commercial vessels are essential. Although a region may boast many marinas, if the conditions do not support easy cruising, it will be challenging to attract superyachts to the area.Eleuteri emphasised the critical role of comprehensive and detailed regulations in advancing yachting activities in the Red Sea. She noted that the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> was established to develop a regulatory framework aimed at promoting a thriving maritime sector in the Saudi-administered Red Sea. This framework supports shipyard operations and provides a broad range of services for yachting and superyachting. "By creating a regulatory ecosystem, we ensure that operations not only meet the highest standards but also align with specific sustainability goals. Our goal is to foster an environment where all activities are conducted at their best," she stated. Furthermore, Eleuteri highlighted the importance of innovation across all aspects of this ecosystem and underscored the necessity of collaboration. "The ocean, as we know, has no boundaries and connects us all. I concur with the panellists' earlier points that collaborative and participatory approaches are crucial to our success."Bukhari echoed Eleuteri’s point, explaining that regulations in Saudi Arabia are currently managed through a collaboration between many government entities, ministries and the Saudi Red Sea Authority. He highlighted the establishment of Ebhar, Saudi Arabia's counterpart to Egypt's Manassa platform - a portal that consolidates all government procedures and information from 20 agencies. Ebhar streamlines processes such as yacht registration, procedures for entering and leaving the Kingdom, sailing permits, issuing navigational licenses, and registering yachts under the Saudi flag. “Ebhar dramatically changed the landscape for us,” he remarked. “With its launch and initial release, it marked the beginning of proper governance and the establishment of a healthy yachting ecosystem.”<img src="https://photo-assets.superyachttimes.com/photo/334955/image/large-f6eb5e3e3f5b2a77e6cfc08ed64138c9.jpg" data-gid="gid://syiq/Photo/334955"> On the topic of dealing with superyachts registered under foreign flag states, Bukhari noted that processes can vary depending on the yacht's flag. “If you're talking about white-listed flags, most procedures are straightforward,” he explained. “However, for grey-listed or black-listed flags, the approach can differ. As an agent, I may not be fully positioned to provide a definitive answer, but I believe there are specific processes in place to handle incoming yachts from a customs and immigration perspective, depending on their flag.” He also addressed the issue of VAT, adding, “There are policies and procedures in place, and if followed correctly, VAT can be reclaimed based on factors such as the goods, the time frame, and how and where the records are maintained.”Regarding whether the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> collaborates with other stakeholders to establish dialogue for improving regulations in the Red Sea, Vienna Eleuteri shared insights into ongoing efforts. “At present, several initiatives are underway to establish systemic collaborations with major international organizations in the field. Dialogue has been ongoing for some time, and several specific initiatives are currently in progress. For instance, following discussions in Monaco with major player in the industry, we are planning to organise a roundtable. This roundtable will focus on developing sustainable solutions, addressing needs such as those of local fishermen and yachts navigating the Red Sea,” Eleuteri explained. She added that these initiatives are being prepared for a more systematic approach. “There is a clear willingness to progress, and I consider this a very promising start.”<img src="https://photo-assets.superyachttimes.com/photo/291613/image/large-faa764426b1c1ec713163946753184f9.jpeg" data-gid="gid://syiq/Photo/291613">Role of sustainability and its importance in making the Red Sea Region attractiveWith extensive marina construction underway on both the Egyptian and Saudi-administered sides of the Red Sea, discussions about sustainability and the preservation of the region's ecosystem and biodiversity have naturally been raised. Eleuteri addressed this topic, highlighting the launch of the National Red Sea Sustainability Strategy by His Royal Highness Prince Mohammed bin Salman. She explained that the initiative goes beyond implementing regulatory codes and guidelines for building and operating in the Red Sea. “It aims to position Saudi Arabia as a global benchmark for a regenerative and sustainable blue economy,” she said. Eleuteri further emphasised the importance of preserving the region's pristine environment, which underlines the imperative for stringent environmental protections.” The strategy, she noted, focuses on preparing for a deeper understanding of ecological footprints and striving to achieve natural climate-positive contributions. “This is not just an environmental mandate,” she explained, “but a comprehensive framework built on five key pillars: environmental protection, economic development, social development, safety and security, and governance and collaboration.” Eleuteri emphasised that any activities planned in the Red Sea must align with these pillars to build a truly sustainable economy in the region.She also highlighted the sustainable approach to investment, supported by tools to measure both negative and positive impacts. “As we develop new activities or construct facilities, we remain focused on how these contributions enhance GDP, which is critical. More importantly, we are now positioned to report on national determined contributions,” she said, referring to the agreements where industries commit to positively impacting the climate. <img src="https://photo-assets.superyachttimes.com/photo/273322/image/large-81c76517a9d6ab0a6ba06abc70e22e99.jpg" data-gid="gid://syiq/Photo/273322">Naguib agreed with Eleuteri’s point and expanded stating: “And just to add to that, on the sustainability front, Egypt could learn a great deal from your approach. Additionally, on the sustainability front, Egypt stands to benefit immensely from your strategic long-term vision, which places sustainability at the core of developments in the Red Sea. For it to be a lasting and viable destination, it's crucial to ensure that the beautiful dive sites and coral reefs remain intact. Additionally, there is a need for equity, which includes looking after both the fishermen and the yachting community, despite their competing interests.” Naguib also pointed out the critical importance of the regulatory framework, saying, “When you introduce new regulations, we on the Egyptian side pay close attention. We often take inspiration from your models, adapting them with slight modifications to fit our context.”Infrastructure and yacht related servicesFor the Red Sea to become an attractive destination, essential refit facilities and yacht-related services must be established to support visiting yachts. Refit capabilities are particularly crucial, as they provide necessary services, attract yachts to the region for maintenance, and encourage them to remain longer.<img src="https://photo-assets.superyachttimes.com/photo/261740/image/large-0fc9b6da51fb1ccc13fcad3f3ab28963.jpg" data-gid="gid://syiq/Photo/261740">Last year, the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>, which includes <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a> and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, announced a partnership to establish a 10,000-square-metre repair facility. This facility is located near <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>’s luxury island and yachting destination, <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a>. During the panel, Rubio shared further insights into the initiative, stating: “We are starting small, relatively speaking. It’s not the same size as the shipyards we have in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> or <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona</a>, but it’s a brand new, made-to-measure service facility. We will have a paint shed, a 300-ton travel lift, and a capacity to handle yachts up to 45-metres in length, accommodating around 25 yachts at the same time. Additionally, we will be able to provide offsite services for larger yachts if needed.”Regarding the workforce, Txema Rubio explained that development is still in progress. “We currently have four staff members at the facility, including the managing director, and the workforce strategy aligns with our commitment to local growth,” he noted. “What makes sense is to grow locally.” Rubio elaborated on the implementation plan, which involves a mix of local and international companies establishing operations in the area. “Our experience in <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona&nbsp;</a>and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> has shown that attracting OEMs (Original Equipment Manufacturers) can be highly effective. They bring their teams, start training local staff, and create a balanced mix of expertise,” he shared. “The result is a strong collaboration between the expertise of major brands and a skilled local workforce integrated into the shipyard.”Eleuteri expanded on the topic, stressing the unique challenges and opportunities involved in building an industry from the ground up. “Creating an entire industry from scratch is incredibly exciting,” she stated. “It’s not easy, of course, but there are so many aspects to consider, including the professionals involved.” She emphasised the importance of knowledge transfer, adding, “It’s happening in a very smooth and effective way, which is wonderful to see. We are even working on regulating and developing standards for job profiles, training, and certification. All of this contributes to the broader yachting ecosystem.” Eleuteri concluded by underscoring the significance of the moment: “We have this unique opportunity to get it right.”<img src="https://photo-assets.superyachttimes.com/photo/291466/image/large-ee3cbb034446ab3174540d0191674f33.jpeg" data-gid="gid://syiq/Photo/291466">The Red Sea's emergence as a leading winter yachting destination hinges on a multifaceted approach involving enhanced inter-state collaboration, substantial infrastructural developments, stringent yet flexible regulatory frameworks, and steadfast commitments to sustainability. As stakeholders continue to navigate the complexities of this transformation, the collective efforts of nations, industry leaders, and local communities will be crucial in realising the vision of a vibrant, sustainable maritime ecosystem. Despite the progress made, there is still much work to be done. As Eleuteri succinctly remarked, “As a Roman, I can say that Rome wasn’t built in a day.”

Can the Red Sea become a leading winter destination?

When it comes to Winter destinations for superyachts, the Caribbean often dominates the conversation.