Monaco Smart Yacht Rendezvous
During the 6th Monaco Ocean Week, the 12th Environmental Symposium, the 27th Captains’ Forum, and the 3rd YCM Explorers Awards were successfully held by Yacht Club de Monaco for the Yachting Day supported by the Prince Albert II of Monaco Foundation.
The first Monaco Smart Yacht Rendezvous by Monaco Marina Management (M3) specialists opened HSH Prince Albert II. They met the startups, scaleups, and corporates there to present innovative solutions that can be adapted to superyachts. This event, supported by the Prince Albert II Foundation, Credit Suisse, and the MB92 Group shipyard, is aimed to gather the whole yachting ecosystem, including major shipyards such as Sanlorenzo, Feadship, Oceanco, and Lürssen, and designers like Dan Lenard and Espen Oeino, there to testify on how they are contributing to a transformation taking place in yachting.
“The presence of so many major players shows their desire to provide a collective response to climate issues and encourage responsible innovation,” said José Marco Casellini, CEO of M3 (Monaco Marina Management).
The meeting’s originality and legitimacy are based on bringing the whole ecosystem together with an exhibition area where participants could discuss, share and present their solutions. There were also discussion panels and round tables, such as the presentation by the MB92 Group of its third environmental report entitled “A collective effort for the oceans”.
The whole life cycle of a yacht was unpicked from R&D to its usage, maintenance, and evolution. The important topics discussed such as new propulsion solutions, choosing more eco-friendly materials, optimising energy use, water management, connectivity, and safety, with a focus being on instituting optimal operational conditions to prolong the yacht’s life cycle. With ecological awareness growing at the same rate as the urgency to act now, customer requests are tending towards new modes of propulsion. As a result, shipyards and engine manufacturers are investing in the R&D of new green technologies.
“We’ve noticed a sharp uptick in environmental awareness by the main protagonists, now it’s up to us to offer suitable solutions to back this commitment. We have to change fast and find many solutions. But it is essential to maintain this positive energy for owners and encourage them to be passionate about the oceans,” said Bernard d’Alessandri, YCM General Secretary.
As an ultimate objective green yachting was set, and the superyacht industry is therefore being encouraged and forced to turn to more eco-friendly technologies to ensure its future, the sustainability of which depends on green actions. There is talk again now of refits. With green yachting asserting itself as the future, owners have to choose between obtaining a sustainable yacht or renovating the one they have. A move that is now inevitable, as in five to ten years, some regions, particularly coastal regions, will no longer be accessible to diesel-powered vessels.
Headed by Géraldine A. Gustin, discussions had already started before the event with 181 one-on-one interviews between 44 Jury members and 50 startups, scaleups, and corporates from 24 nations selected by the team from Blumorpho, innovation for sustainable economy experts,
The Italians from Northern Light Composites (Nlcomp) won the Smart Innovative Yacht Award in this category for a recyclable composite that solves fibreglass end-of-life issues.
In the Scaleups category, the British Lineat Composites topped the votes with their process to turn carbon fibre waste into carbon fibre tape, reintroducing it into the supply chain as a technical product.
Finally, in the Corporate category, French company Wisamo took the prize with its inflatable, retractable, and automated wing for merchant ships and pleasure boats, an innovative solution that comes into its own in a fast-changing climate. The system envisages a fuel saving of 20%. According to the engineers who designed it, it can be adapted to ro-ro vessels, bulk carriers, and gas and oil tankers, the wing either being installed at the design stage or retrofitted.
Monaco Marina Management invites all professionals to the 3rd Monaco Smart & Sustainable Marina Rendezvous (24-25 September 2023), aiming to promote innovative solutions and get the whole yachting ecosystem interacting, from yachts to the infrastructures that accommodate them. All these events are part of the collective Monaco, Capital of Advanced Yachting approach, the ambition of which is to position the Principality as a centre of excellence in this sector.