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At the Monaco Yacht Show, there’s no sign global turmoil is hurting sales


Monaco (CNN) – The world is in chaos. The specter of global conflict lurks on the horizon. Energy prices are pressing on millions of people. Covid lasts. But in Monaco, at the yachting world’s hottest event, it’s business as usual.

This week, superyachts with a total value of about $3.8 billion have gathered in the azure waters of the tiny European principality for the 31st annual Monaco Yacht Show. And no There are no geopolitical worries that might tarnish the limelight.

“All the boats are here,” Johan Pizzardini, Monaco Yacht Show’s head of media and communications told CNN Travel on the eve of the event’s four-day finale. Some 118 superyachts are among the luxury vessels on display at the country’s port of Hercule.

The superyacht crowd also has a force.

The 31st edition of the Monaco Yacht Show begins on September 28 and ends on October 1.

The 31st edition of the Monaco Yacht Show begins on September 28 and ends on October 1.

Photo Valery HacheAFP / Getty

Special program dedicated to the superyacht market. Every year, in normal times, an estimated 30,000 people flock to this tiny Mediterranean Riviera country to see the awe-inspiring spectacle of some of the largest and most expensive superyachts in the world assembled at a place.

And while the event is certainly a chance for wealthy boat owners to let their hair down in a safe, secluded space from the non-yacht-owning world, it’s also a chance to shop for luxury. than at sea.

As Pizzardini admits, it is a “niche”. But one that shows little sign of slowing down, despite turbulent times. This year there are about 40 brand new luxury yachts, including the massive 115.1 meter AHPO, the largest superyacht ever displayed here.

Several megayachts are moored, including the 62-meter Rio by Italian shipbuilder CRN and the 50-meter Katherine by Tankoa Yachts, which belong to first-time yacht buyers.

This reflects a growing trend that has grown significantly during the pandemic, when a large number of new buyers choose to purchase a larger yacht rather than ascending from a smaller yacht.

“It [the pandemic] Bob Denison, president and founder of Fort Lauderdale-based yacht brokerage Denison Yachting, where four boats are on display at the show, tells CNN Travel.

“People are thinking, ‘we’re not going to wait 10 years.’ They came from nowhere and bought a 60 meter yacht.

“We’re still seeing a lot of that, and I think that’s what’s going to continue. People are rushing in.”

Pizzardini has also noted a change in attitudes among potential superyacht buyers as a result of the global pandemic.

“We have seen a period of remediation in which potential customers have been hesitant to rent or buy a yacht for months or years, saying, ‘Okay,’ he said. Then, in these uncertain times, I need to enjoy life.”

While there is no doubt that the sanctions imposed on Russia over its invasion of Ukraine, which resulted in some of the largest and most costly Superyachts in the world are temporarily frozenhas had some impact on the industry, demand remains very strong.

Arthur Brouwer, managing director of Dutch shipyard Heesen, noted that “order books are already quite full” across the board despite factors of global uncertainty, due to “the post-Covid push.”

In fact, Boat International’s 2022 Global Order Book indicates that 1,024 superyachts are under construction or on order by 2022, up 24% year-on-year, where orders are up 10.5% for those 45 meters or more high.

When the 2022 Monaco Yacht Show comes to an end, here are 8 of the most extravagant superyachts that have ever wowed the rich.

AHPO

At 115 meters long, Lürssen's AHPO, seen before the show, is the largest superyacht on display.

At 115 meters long, Lürssen’s AHPO, seen before the show, is the largest superyacht on display.

Guillaume Plisson

This huge 115-meter superyacht from the German shipyard Lürssen is undoubtedly one of the most popular ships on display. As the largest superyacht ever displayed at the Monaco Yacht Show, it sets a majestic backdrop along the only deep-water port in the tiny country on the French Mediterranean coast.

Built with a steel shell and an aluminum superstructure, the AHPO, with a gross tonnage of 4,850, includes five decks and five cabins for a total of 14 guests.

Delivered last November, this superyacht is powered by twin MTU engines, for a top speed of 17 knots.

Lusine

Heesen Lusine's brand new superyacht features a sophisticated interior by Sinot Yacht Architecture and Design.

Heesen Lusine’s brand new superyacht features a sophisticated interior by Sinot Yacht Architecture and Design.

David Churchill / Heesen Yachts

The Lusine, a 60-meter steel vessel from the Dutch shipyard Heesen, was one of the superyachts to debut at this year’s Monaco Yacht Show. With its sleek, sharp edges and three-deck “bird’s-wing” shape, the Lusine is an outstanding yacht in every sense.

Despite its striking appearance, crafted by Omega Architects, it is certainly a spectacular sight. It is the meticulously curated interior of Lusine, by Sinot Yacht Architecture and Design, that is capturing the amazement of those lucky enough to be brought on board.

Heesen CEO Arthur Brouwer talks about the superyacht costing an estimated $70 million to build. “The amount of detail is astounding.”

Named after the Armenian word for “moon”, Lusine’s interior has been brilliantly crafted to incorporate elements of the ocean and sky, with mother-of-the-art wall panels and tables. as well as midnight blue sculptures.

Its interior is made up of a distinctive combination of materials, including white onyx, as well as rare woods and custom metals.

The ship, which can accommodate up to 12 guests, is equipped with a helipad for personal use, as well as a tender garage. With a gross tonnage of 1,079, the Lusine is powered by two diesel engines and can reach a top speed of 17.5 knots.

Pink Chest

The vintage sailing yacht Blush, seen arriving in Antigua waters, is now for sale.

The vintage sailing yacht Blush, seen arriving in Antigua waters, is now for sale.

Billy Black / Camper & Nicholsons

This stunning 45 meter sailing yacht built by Italian shipyard Perini Navi has been on display at the Monaco Yacht Show several times since it was delivered back in 2007. However, the red exterior stands out and Sporty lines ensure that it always stands out from the crowd.

Designed by leading yacht designer and naval architect Ron Holland, the ship recently underwent an extensive refurbishment at a cost of approximately $1.8 million, with refurbishment work refurbish both outside and inside.

Powered by a Caterpillar C-32 diesel engine, the Blush can reach a top speed of 13.5 knots and has a gross tonnage of 315. Owned by Formula One boss, Eddie Jordan, it is currently under construction. for sale for less than 12.5 million euros (about 12.2 million USD) through brokerage firm Camper & Nicholsons.

Rio

The Rio, built by Italian shipbuilder CRN, has a bright and vibrant colorful interior.

The Rio, built by Italian shipbuilder CRN, has a bright and vibrant colorful interior.

CRN Yachts

Re-delivered in May, this stunning 62-meter superyacht, made of steel and aluminum shell, has garnered a lot of attention at this year’s show due to its funky interior.

From hand-painted jungle-themed murals to rugs featuring fish plates and animal ornaments, Rio is an explosion of vibrant colors from start to finish.

Built by Italian shipbuilder CRN and designed by Omega Architects, the ship has a gross tonnage of 1,218, spreads across four decks and can accommodate up to 12 guests in six colorful en-suite cabins . There is also an on-site gym with Peloton bikes, while the beach club has its own massage table.

Named after its owner’s first cat, Rio has a homey, family feel that’s quite unique, especially for superyachts of this caliber. A regular Monaco Yacht Show attendee says: “It’s impossible not to pass by that yacht without a smile on your face.

Kinda

Katherine is the fourth all-aluminum case from the Italian shipbuilder Tankoa.

Katherine is the fourth all-aluminum case from the Italian shipbuilder Tankoa.

Renzo Chelazzi

Among the newest superyachts at the Monaco Yacht Show, Katherine has also made headlines, in part due to its impressive foredeck swimming pool.

Delivered by Italian yacht builder Tankoa earlier this year, it features exterior and interior designs from renowned luxury yacht designer Francesco Paszkowski.

The train is equipped with a hybrid engine system designed to increase fuel efficiency, with three different flight modes, diesel-mechanical, diesel-electric and all-electric.

The fourth in Tankoa’s all-aluminum S501 series after Vertige, Bintador and Olokun, the Katherine has a gross tonnage of 499 and can comfortably accommodate up to 12 guests in its six impressive suites.

Giraud

Giraud is one of several superyachts currently for sale.

Giraud is one of several superyachts currently for sale.

Stuart Pearce

It may not be one of the newest superyachts at the Monaco Yacht Show but the Giraud is arguably one of the most eye-catching thanks to its gorgeous sand-colored exterior, designed by Luca Dini Design & Architecture.

Formerly known as the Cacos V, the 40-meter aluminum vessel was built by the Italian shipyard Admiral and delivered in 2013. For sale with an asking price of more than 12.9 million euros (about 12.6 million USD). ), it is equipped with 5 cabins, has a capacity of 11 guests and a total tonnage of 479.

Giraud is equipped with two engines that give the superyacht a cruising speed of 14.0 knots.

Fly

Soaring's unusual look ensures that it always stands out.

Soaring’s unusual look ensures that it always stands out.

Olga Dromas / Bluei / Ocean Independence

Another yacht of majestic stature, the Soaring, the work of German superyacht builder Abeking & Rasmussen, stretches to 68.2 metres.

The owner of the ship is said to have requested a special superyacht not easily confused with any other, and the German studio Focus Yard Design certainly achieved this.

Delivered in 2020, this four-story superyacht has sporty, fluid lines as well as a bright orange strip that sits right above the water making it hard to miss.

With an internal volume of 1,541 tons, it houses six state rooms, along with a library, a luxury spa and beach club.

The soaring car is also for sale for a whopping 98 million euros.

Win

Victorious - the largest superyacht built in Turkey.

Victorious – the largest superyacht built in Turkey.

Jeff Brown

It’s not every day you get to check out a superyacht on the market for 110 million euros (about $107 million) but this year’s attendees have the opportunity to do so. At 85 meters, Victorious certainly lives up to its name.

There has been an increasing amount of shipbuilding activity in Turkey in recent years, and this giant ship from the Turkish shipyard Akyacht happens to be the largest superyacht ever built in the country.

Equipped with 11 en-suite cabins, as well as a master suite, the large vessel can accommodate up to 20 guests. Its incredible list of amenities includes a movie room, a 200-square-foot beach club, a helipad, and a wine and cigar club lounge with a fireplace.

Correction: The previous version of this story misrepresented the value of the superyachts assembled.

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