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Market

Autumn boat show season – that’s a wrap!

Moravia Yachting’s team of brokers reflect on their highlights and key observations during the recent flurry of yacht shows.

The autumnal yacht shows always offer up an interesting period of insight for the superyacht industry, providing the opportunity for shipyards and designers to showcase their latest launches and concepts, brokers to survey the newest yachts on the sales and charter market, and industry professionals to gauge market trends and dynamics following a busy summer.

As the Moravia brokerage team descended on the Cannes Yachting Festival, Monaco Yacht Show and Fort Lauderdale International Boat Show, what was striking was how diverse the superyacht fleet has become. As Sales Broker Andy Holmes observed; “The industry continues to try and move away from the cookie-cutter ‘wedding cake’ approach to incorporate a whole range of different designs and the redistribution of internal and external spaces.”

While the trend for beach clubs and an outdoor area at the stern is nothing new, the yachts on display revealed the continued development of designs around spaces at the bow, which allow for more privacy when docked stern-to. “There’s a lot more focus and thought going into how these forward outdoor spaces are integrated into the flow of the yacht and how owners and guests access them,” Andy adds. “And these design features are not just coming from the prime shipyards; a range of shipyards are coming up with some great ideas and ultimately giving clients more choice about where to spend their time on board.”

“There’s a lot more focus and thought going into how these forward outdoor spaces are integrated into the flow of the yacht and how owners and guests access them”

Sustainability is an increasingly important topic in the superyacht industry, with this year’s MYS incorporating a Sustainability Hub for the first time to showcase some of the technology being developed to reduce the industry’s carbon footprint. “The show highlighted that the major shipyards are looking into, and in some cases already building, superyachts powered by alternative fuels,” comments Charter Broker Darina Posthuma. “Lürssen, for example, revealed a model of the innovative technology it’s developing: a fuel cell driven by hydrogen, which is continuously reformed from methanol.”

“The show highlighted that the major shipyards are looking into, and in some cases already building, superyachts powered by alternative fuels”

One of the standout yachts at MYS was the 85.65m (281′) B2, listed for sale with Moravia Yachting and available for charter. Fresh from an interior refit penned by Winch Design that was completed in July, she attracted a lot of attention during the show. “B2 ticks many different boxes for a new owner,” explains Adam Papadakis, Head of Sales at Moravia. “She has the existing pedigree of the Abeking and Rasmussen build and Reymond Langton exterior design, but the refreshed interior scheme from Winch Design takes the yacht to another level of excellence.”

B2 profile

For Charter Broker Debbie Marcow, the 115m (377’7″) AHPO – recently delivered by Lürssen and available for charter – was a highlight of MYS. “The volume is gigantic with 5,257gt,” she explains. “There is a nature theme running throughout, with interiors employing biophilic design, calm colours and soft lines to create a soothing atmosphere. The carpeting, for example, is weaved in the formation of waves, as are the parquet floors. The expansive wellness area on the lower deck is a highlight, complete with icy plunge pool and very authentic Moroccan-inspired hammam. Full spa services are offered at no extra cost to the charterer.”

Charter and Sales Broker Alastair Callender, who attended both MYS and FLIBS, noted robust levels of interest from prospective buyers and charterers. “Overall, we are seeing a healthy market in terms of both yacht sales and charter vacations,” he explains. “I am cautiously optimistic for 2023 to continue in the same vein, and have already been booking charters for next summer, including a fabulous three-week itinerary that incorporates Croatia, Sicily and Italy’s Amalfi coast.”

“Overall, we are seeing a healthy market in terms of both yacht sales and charter vacations”

The Moravia team have enjoyed this busy period of meeting clients, viewing the latest superyacht launches, and connecting with industry associates. Now the team looks forward to consolidating all the information and intelligence garnered and using it in the months to come to match discerning owners and charterers with their perfect vessel.