23-24 March 2023; The Yachting industry mobilised for sustainable future.
As every year, Yacht Club de Monaco is in charge of the Yachting Day, under the aegis of the collective Monaco, Capital of Advanced Yachting brand, during the 6th Monaco Ocean Week (20-26 March 2023). This is an initiative of the Prince Albert II of Monaco Foundation alongside the Monaco Government, the Monaco Oceanographic Institute and Monaco Scientific Centre.
“Yachting faces major changes. A modernisation has become inevitable, and those involved in the sector are mobilised to initiate this evolution through research and bringing on new solutions,” says Bernard d’Alessandri, General Secretary of YCM and President of Cluster Yachting Monaco. “The assessment phase is over, we must act now with pragmatic solutions like the Monaco Energy Boat Challenge which celebrates its 10th anniversary this year and brings young engineers together with industry professionals to present and test their innovations in propulsion”.
To this end, a packed programme of events open to all (registration required) takes place Thursday 23rd March dedicated to the future of a more eco-responsible yachting industry.
- 9.00am-12.30pm: 12th Environmental Symposium La Belle Classe Superyachts: ‘Encouraging Sustainability in Yachting, engaging the industry and new generation of engineers’
- 2.00pm: 27th Captains’ Forum: ‘Superyacht Commitment: Management, Leadership & Mentoring’
- 3.30pm: Monaco Smart Yacht Rendezvous
- 6.30pm: 3rd YCM Explorer Awards by La Belle Classe Superyachts
12th Environmental Symposium La Belle Classe Superyachts: sustainability for industry players
A must-do fixture in the calendar for all those involved in the industry, the focus of this 12th Environmental Symposium is on the 10th Monaco Energy Boat Challenge to take stock of alternative energy sources and their efficiency for superyachts. The theme ‘Encouraging Sustainability in Yachting, engaging the industry and new generation of engineers’ will highlight initiatives underway to give owners and the industry keys to a more eco-responsible approach, and to present a Sailing Yacht Zero scenario, hulls of the future and progress on electric and hydrogen/electric hybrid propulsion systems.
27th Captains’ Forum: management and skills
YCM gives the floor to captains at the 27th Captains’ Forum which will focus on ‘Superyacht Commitment: Management, Leadership & Mentoring’. The event is one of the activities organised for the Captains’ Club which gathers 150 captains with the 3000 certificate, working on superyachts flying the YCM flag. Given their key role, this is a chance for captains to exchange views and contribute to developing the future of yachting.
YCM Explorer Awards by La Belle Classe Superyachts: recognition for eco-committed owners
The day concludes with the YCM Explorer Awards by La Belle ClasseSuperyachts. Held under the presidency of HSH Prince Albert II, since 2019 these Awards have been recognising owners who stand out for their commitment to protecting the marine environment, be it in the design of their yacht or how they use it. Awarded by a Jury of experts, there are three awards: Technology & Innovation, Mediation & Science, Adventure & Environmental Ethics. They recognise the men and women who are the true explorers of the future and reflect the Club’s fundamental Art de Vivre la Mer values.
1st Monaco Smart Yacht Rendezvous (23-24 March): sustainability solutions
Following success of the first two Monaco Smart & Sustainable Marina Rendezvous (next one 24-25 September 2023), M3 (Monaco Marina Management) has broadened its remit to promote progress on sustainability solutions for superyachts in organising the first Monaco Smart Yacht Rendezvous.
Dedicated to yachting industry players (boats 24m and over) and innovation companies keen to provide a collective response to climate issues, this Rendezvous is part of the Monaco, Capital of Advanced Yachting approach and supported by the Prince Albert II of Monaco Foundation, Credit Suisse, MB92 Group, and innovation for a sustainable economy expertsBlumorpho.
With the philosophy being to promote young companies offering new solutions across the whole life cycle of a yacht, the first edition gathers an ecosystem of players to collaborate on how to exploit innovative technologies that are driving sustainability. Naval architects, owners, captains and shipyards will join investors, startups, scaleups and innovation industrialists to act together. All those selected are referenced in an E-Catalogue presenting their solutions applicable to yachts.
è To access the E-Catalogue, which references 50+ startups and scaleups, 20+ shipyards, architects & designers, engineering companies and 44 international Jury members: https://monacosmartyacht.com/e-catalogue/#1
The morning is structured around decarbonisation, future regulationsand role of the life cycle of yachts in the circular economy and sustainability.
Anticipating the future with refits, understanding all aspects of a yacht’s life cycle, and R&D on usage, maintenance and dismantling will headline workshops in the afternoon. It includes a presentation on the third report published by the MB92 Group on challenges the superyacht industry must overcome to become sustainable. The event concludes with the presentation of a Smart Innovative Yacht Award for the most intelligent and eco-responsible solution in three categories (startups, scaleups and corporates). It should be noted that a Consensus Meeting took place on Tuesday 21 March, allowing the jury to select the winners in the start-up, scale-up and engineering company categories.
It is through all these initiatives that Yacht Club de Monaco, celebrating its 70th anniversary, intends to set the course towards a sustainable future and ensure the Principality retains its position as leader by supporting the industry in its transition and understanding of the challenges ahead.