A Grateful Reflection – Superyacht Networking Roundtable
I want to take a moment to extend my heartfelt appreciation to Nick Gray of JMS Yachting for organizing an exceptional networking roundtable and lunch at Salt7 this past week. This event provided an invaluable opportunity to connect with industry experts and exchange insights that can drive our sector forward.
The gathering brought together a diverse array of professionals from various facets of the yachting industry, including Yacht Management, Yacht Medical & Training, Charter Yacht Management, Yacht Brokerage & New Construction, Yacht Financial Management, and Rina Class Society. The wealth of expertise present led to rich discussions on several pressing topics.
KEY TOPICS EXPLORED
Advocacy:
We emphasized our shared responsibility as advocates for the yachting sector. It is crucial that we collaborate to enhance the industry’s reputation and influence, ensuring our voices are heard in broader conversations.
Economic Impact of Superyacht Production:
Our discussions highlighted the significant economic contributions of yachting, particularly in South Florida. We explored the ripple effects of superyacht production on local economies, with a focus on towns where shipyards are actively engaged in yacht construction.
Rising Accidents in Yachting:
We addressed the challenges posed by an increase in accidents within the industry over recent years, including their implications for insurability. The recent tragedy aboard BAYESIAN served as a somber backdrop for our conversation, prompting us to consider how we can better support and educate yacht owners and crew on safety measures.
Superyacht Production in the USA:
The history and future of superyacht production in the US were vital topics of discussion. We examined new builds from Westport Yachts and The Burger Boat Company and analyzed the shift in production to countries such as The Netherlands, Germany, Italy, Turkey, and Taiwan. We also explored strategies for the US to regain its competitive edge in yacht building.
Sustainability in Yachting:
Lastly, we delved into the critical topic of sustainability within our industry. Our discussions centered on innovative solutions that can be integrated into superyacht design and operations to minimize environmental impact.
As we move forward, I look forward to continuing these important conversations and collaborating to advance our industry. Thank you once again, Nick Gray, for a memorable and productive gathering!
Stay tuned for more updates and insights from the world of yachting!
Q&A
What is RINA?
RINA classification represents one of the highest recognized standard of safety in the yachting industry, setting benchmarks that exceed typical industry standards for a vessel’s seaworthiness and overall safety. To uphold RINA classification, yachts must undergo regular surveys to ensure they meet these stringent requirements.
What is the Role of Charter Management?
Yacht charter management teams serve as the essential bridge connecting the yacht, the owner, the captain, and the brokers. They play a crucial role in orchestrating a seamless and luxurious experience by managing every aspect of the charter process, ensuring that every detail is attended to.
What is VOLY?
Voly is the leading financial management platform tailored for the yacht and multi-asset sectors, catering to superyacht captains, crew, owners, management companies, and family offices. With features that enable instant global transactions and fully transparent, real-time reporting, Voly enhances efficiency, improves accuracy, and saves valuable time—no matter where you are in the world.
Ready for Your Next Yachting Adventure?
Andrew Troyer – Troyer Yachts
Yacht Broker since 2006
Contact Andrew Troyer at 954-732-0339
Andrew.Troyer@TroyerYachts.com