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Doors open at 2018 Monaco Yacht Show

Events
Written by
Charl van Rooy

This morning marked the official opening of this year's edition of the Monaco Yacht Show, held annually in the Principality Port Hercules. With a number of changes made to the layout and organisation of the show, the organising committee expects this to be the largest and busiest edition yet with over 30,000 visitors expected to walk through the gates over the next four days.Monaco Yacht Show 2018Photo: Bruno Buisson / SuperYacht Times

The show dates back to humble beginnings in 1991 when 32 yachts gathered in Monaco for the very first edition of the event; an occasion that is today known as the most prestigious yachting event in the world.Monaco Yacht Show - Day 1Photo: Julien Hubert / SuperYacht TimesSuperyachts at 2018 Monaco Yacht ShowPhoto: Julien Hubert / SuperYacht Times

Not only the show itself but the yachts in the water too are larger than ever this year. An average length for the motor yachts section of 51.5 metres is larger than the last three years 49.5-metre average. The same goes for the sailing yachts market where an average length of 45.6 metres is predicted compared to the 43.8 metres over the last three years. An average gross tonnage of 714 GT per vessel is expected, making the yachts nearly 15% larger this year compared to the 623 GT average of the last three years. 2018 Monaco Yacht Show in numbersMonaco Yacht Show 2018 LayoutPhoto: Monaco Yacht Show

Of the 120 yachts in the fleet this year, 40 of those are new build projects being displayed for the first time this week. The largest yacht inside the harbour this year is the 92-metre Aquarius followed shortly after by the new 90-metre DAR by Oceanco. Outside in the anchorage, several large yachts will also be on display such as the 95.2-metre Kismet and 110-metre Jubilee. Take a look at the entire fleet present in Monaco this year, here. Jubilee at anchor in Monaco during the 2018 MYSPhoto: Bruno Buisson / SuperYacht Times

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The SuperYacht Times iQ Report

The SuperYacht Times iQ 2018 Report

Our market report is the most complete in the business and provides in-depth analysis of the fleet by size range, the construction book, the market for new and used yachts for sale and the superyacht builders, as well as a detailed overview of superyacht ownership. It also gives the personal views of Merijn de Waard, company founder and long-term superyacht market analyst, on the state of the market.

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