The Monaco Yacht Show 2019
Representatives from Bachmann Group are excitedly gearing up to attend the 29th edition of the Monaco Yacht Show, which begins on September 25th and runs until September 28th. The show is the premier gathering of the superyacht industry and will welcome visitors and guests from all over the world to Monaco's stunning Port Hercules.
At the time of writing, no less than 85 vessels are confirmed, with a further 12 slots held in reservation; this means that the Monaco Yacht Show 2019 will play host to almost 100 superyachts of 30m and larger. As the show nears, this figure could rise even further, bringing the number of exhibited superyachts closer to the show average of just under 120.
The cumulative value of the superyachts on show is expected to surpass both that of last year (€4.1 billion) and that of the five-year average (€4.2 billion). A cumulative value of €3.5billion for the 5 confirmed vessels has already been announced: the values have yet to be assigned to the 12 as-yet unidentified vessels.
The time-honoured industry adage ('yachts are getting bigger') will be empirically proved at this year's event. The averages of both GT (818GT) and LOA(51.8m) of the vessels exhibited at the Monaco Yacht Show 2019 represent the highest of the last six years. This is longer than the current LOA average of the global fleet by 22.8% and is a huge 61.% larger than the current global fleet's GT average.
The docks will be dominated by yachts created by Italian and Dutch builders this year. 40 of the boats are Italian-built, which is almost as many as every other country combined. "" of the vessels are built by companies in The Netherlands.&