A key highlight of this year’s <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show</a> was the introduction of the seminar panels at the Superyacht Show Pavilion, hosted by <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>.&nbsp;As an official media sponsor, <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> moderated three dynamic panel discussions at the new indoor pavilion at the Palm Harbor Marina. We take a look at everything you may have missed from this year’s talks, to keep you up-to-date on all the latest industry news and trends.<img src="https://photo-assets.superyachttimes.com/photo/354021/image/large-86db8f3fddba63fbaaa5f9a80e4e0649.jpg" data-gid="gid://syiq/Photo/354021">Trends in Superyacht Construction and DesignThe first panel was held on Wednesday 19 March at 13:00 and brought together yacht designers and shipyards to discuss how yacht design and construction have evolved over the past decade and where the industry is heading.Moderated by <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> News Editor Sophie Spicknell, the panel featured Dasha Moranova of <a data-gid="gid://syiq/Company/6531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dasha Moranova Designs (Company)">Dasha Moranova Designs</a>, Yiannis Andriotis 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>, Destry Darr of <a data-gid="gid://syiq/Company/2524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Destry Darr Designs (Company)">Destry Darr Designs</a> and Dan Mundy of <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a>.In regards to owner preferences, Dasha noted a shift from traditional luxury towards a more experiential design philosophy, with larger windows, higher ceilings and a focus on seamless indoor-outdoor living. Destry highlighted an increased demand for multiple dining spaces, more casual interiors and buffet-style dining options, while Dan explained that the COVID-19 pandemic accelerated these changes, with owners seeking more wellness areas, beach clubs and versatile spaces that can be adapted for different functions. Yiannis Andriotis added to this by noting a growing demand for multi-functional spaces that can be quickly reconfigured for different activities. <img src="https://photo-assets.superyachttimes.com/photo/354022/image/large-4f095157a2d4807361f8b2f6ffb87d07.jpg" data-gid="gid://syiq/Photo/354022">While talking about sustainability, Dasha stressed that it does not require a compromise on luxury, citing the increasing availability of high-quality, eco-friendly materials. Destry shared examples from her projects, including the use of reverse osmosis water systems, recycled wallpapers and water-based finishes. Yiannis and Dan acknowledged the challenges of integrating sustainable materials, while ensuring they meet the functional and aesthetic standards expected in superyachts. However, they agreed that the push towards eco-friendly solutions is becoming a key driver of innovation.The panel discussed how technological advancements and evolving client demands are shaping the future of yacht design and construction. Dan predicted that new materials and technologies will enhance both the performance and environmental impact of yachts, while Destry and Dasha spoke about how owners were exploring the potential of relocating the wheelhouse to a lower deck, freeing up the upper deck for more social and leisure spaces. Yiannis underscored the importance of ongoing research and collaboration with other industries and how this can improve construction methods and reduce resource consumption.The session concluded with closing remarks, with the panellists stressing the importance of balancing innovation with traditional design principles, while addressing the growing demand for sustainability and customisation. <img src="https://photo-assets.superyachttimes.com/photo/354018/image/large-649f18eb923f10853428ee432422920b.jpg" data-gid="gid://syiq/Photo/354018">The State of the American Superyacht MarketHosted on Thursday 20 March at 11:00, this panel brought together industry leaders to discuss the current state of the U.S. market, highlighting key trends, challenges and opportunities faced by shipyards and brokers.&nbsp;Moderated by Ralph Dazert, Head of Intelligence, the panel featured Daryl Wakefield, of Westport Yachts, Bengü Özdoğan of <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a>, Stefano Arlunno of <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> and Alex G. Clarke of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>.&nbsp;The session began with an overview of the American superyacht market, with each panellist sharing their observations. Bengü noted that the conclusion of the election cycle had sparked increased market activity, particularly in the American and European markets, while Stefano reported stable production levels despite political uncertainties, with ongoing contract growth.<img src="https://photo-assets.superyachttimes.com/photo/354026/image/large-cd54d20ef4940252ba5bf9dd4817dd6c.jpg" data-gid="gid://syiq/Photo/354026">Alex Clarke confirmed a noticeable post-election boost in inquiries, but predicted a cautious approach in the first and second quarters as the market settles and both Bengu and Daryl noted that new models for <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport Yachts</a> and <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> had indicated a positive start to the year and expanded their presence in the U.S.&nbsp;The impact of trade tariffs on American builders was a focal point of the discussion, with Daryl and Bengü addressing how tariffs have affected different regions, with Bengü pointing out the psychological impact on market confidence. Stefano noted the positive influence of events like Black Friday on sales, but acknowledged the challenges relating to tariff-related volatility. Alex Clarke characterised the current period as a transition year, with the industry adapting to shifting regulations and market dynamics.The panel explored how the industry is adjusting to the specific needs of American clients. Stefano Arlunno highlighted the importance of face-to-face interaction and customised designs to meet client expectations. He also noted a growing preference for displacement and semi-displacement boats among American buyers.<img src="https://photo-assets.superyachttimes.com/photo/354023/image/large-dce31e86d9d297da1a119bae1efcf3ce.jpg" data-gid="gid://syiq/Photo/354023">Bengü addressed rising labour costs in Turkey and the need to balance production expenses with profit margins. She highlighted the post-COVID stabilisation of the supply chain and the importance of strategic planning. The panellists also emphasised the importance of sustainability and the cultural differences in client preferences, noting a growing demand for open areas and outdoor living spaces among American buyers.Alex observed a slowdown in 2023 and 2024, with signs of a resurgence expected in 2025. Ralph Dazert and Alex concluded that there is still some disparity in the used yacht market between the price expectations of sellers and those of buyers. Buyers meanwhile are increasingly focused on privacy and customisation.<img src="https://photo-assets.superyachttimes.com/photo/354020/image/large-306cc7eec12073c891638382b06ccb06.jpg" data-gid="gid://syiq/Photo/354020">The Owner’s ExperienceTaking place on Friday 21 March 2025 at 11:00, the final panel saw Merle Hinrich, owner of a 51-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, and Matthew Csidei, owner of the 33-metre <a data-gid="gid://syiq/Company/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burger Boat Company (Company)">Burger</a> yacht <a data-gid="gid://syiq/Yacht/1958" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chanticleer33.0m (108'3&quot;)Burger Boat Company1973">Chanticleer</a>, share insights relating to their experience of superyacht ownership. Moderated by Features Editor Emma Dailey, the intimate discussion touched upon topics including their entry into yacht ownership, refitting, crew destinations, tenders, advice for aspiring yacht owners and more.A key theme throughout was the importance of approaching yacht ownership with patience, planning and realism. Merle Hinrich advised that time is one of the most essential investments – not just in the initial build or refit, but also in ongoing maintenance and crucially, in using the yacht to its fullest potential. He recommended that prospective owners carefully consider how they intend to use their yacht, ensuring that the design and layout reflect their lifestyle, whether focused on long passages, diving, fishing, entertaining, or quiet relaxation.Matthew Csidei, owner of <a data-gid="gid://syiq/Yacht/1958" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chanticleer33.0m (108'3&quot;)Burger Boat Company1973">Chanticleer</a>, echoed these sentiments and advised first-time buyers to avoid taking on vessels in poor condition. His early mistake of purchasing a yacht despite warning signs on the survey became a pivotal learning moment. He strongly recommends purchasing a yacht that is already in excellent or near-excellent condition, allowing owners to focus on making personal improvements rather than becoming burdened with extensive and costly refits.On the financial side, both panellists stressed honesty and realism. Matthew underlined the importance of understanding the full cost of yacht ownership – from annual running expenses to depreciation. His advice was clear: if the numbers cause hesitation or stress, ownership may not be the right choice. He frequently encourages potential buyers to fully grasp their financial comfort level before making a commitment, explaining that yacht ownership should bring pleasure, not anxiety.<img src="https://photo-assets.superyachttimes.com/photo/354034/image/large-25f40e38257cd7c786b6b6ea41630849.jpg" data-gid="gid://syiq/Photo/354034">Selecting the right captain was another key recommendation. Matthew described a captain as the cornerstone of enjoyable ownership. A capable captain can manage crew, maintenance, and operations, allowing the owner to relax and enjoy the yacht. He advised owners to do whatever is necessary to retain exceptional captains, even tailoring the yacht’s location around their preferences. Merle agreed, emphasising the value of long-term relationships with captains and crew, who play a vital role in maintaining the vessel and enhancing the ownership experience.When it comes to refits, both owners advised cautious, well-planned approaches. Merle highlighted the need for patience and finding trusted professionals who understand the owner’s needs and the vessel’s purpose. He credited his success to having a reliable global network that could assist with recommendations and services regardless of location. Matthew added that the choice of refit location matters greatly. He suggested balancing budget and stress levels — shipyards in Turkey, for example, might be cost-effective but more stressful, while those in Holland are more expensive but deliver high standards with fewer complications.Another noteworthy recommendation involved tender selection. Merle suggested starting the yacht design process around the tender, especially for explorer yachts intended for remote cruising and diving. The tender, he explained, becomes an essential tool for safe guest transfers and specific activities like diving and fishing. Matthew recommended diesel-powered inflatable tenders for their practicality and safety, noting that rigid tenders can easily cause damage and require costly repairs.<img src="https://photo-assets.superyachttimes.com/photo/353972/image/large-3c4383abb269a150279d3f275f859196.jpg" data-gid="gid://syiq/Photo/353972">Finally, both owners advised owners to plan proactively and develop a deep understanding of their yacht over time. Merle spoke of anticipating maintenance needs to avoid surprises, while Matthew encouraged owners to track regular servicing schedules to remain in control of expenses.In conclusion, the panellists’ collective advice can be summarised as follows: be realistic about costs; buy a yacht in excellent condition; invest in trusted captains and crew; plan meticulously for refits; select tenders wisely and most importantly, ensure that ownership remains a source of enjoyment rather than stress.Taking place 19 to 23 March along Flagler Drive in downtown West Palm Beach, Florida, the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show 2025</a> made history by being the first <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">PBIBS</a> to span five days, drawing over 600 exhibitors showcasing a range of vessels to Palm Beach.You can catch up with everything that happened during this year’s show in our article below.Read: <a data-gid="gid://syiq/Article/62946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Everything you might have missed from Palm Beach International Boat Show 2025 (2025-03-25 16:45:00 +0100)">Everything you might have missed from Palm Beach International Boat Show 2025</a>

PBIBS Panels: A full roundup of the 2025 discussions

Palm Beach International Boat Show 2025

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Palm Beach International Boat Show 2025 panels

Palm Beach International Boat Show 2025 Superyacht Show Pavillion

We take a look at everything you may have missed from this year’s seminar panel discussions hosted by SuperYacht Times. 

A full roundup of the panel discussions at Palm Beach International Boat Show 2025

PBIBS 2025: A complete roundup of yacht news during the show

SuperYacht Times takes a look at all the exciting announcements and events you may have missed during the five day event.

Event News

A full roundup of the panel discussions at Palm Beach International Boat Show 2025