Editors Comments: Week Ending 03/10/2014

The week after the Monaco Yacht Show is usually a time in which the industry takes a well-deserved break; however updates, reports and industry movement have already emerged and is signifying continued movement which will undoubtedly last until the beginning of November.

Concepts, new launches and projects were all talking points of the Monaco Yacht Show, but they paled in comparison to the signs of stability surrounding the industry. It may be a remark flippantly used in regards to wider-market growth, but there have been serious signs of positivity and return to grace across 2014 which have reached potential plateaux at the MYS.

However, there’s still the matter of the Fort Lauderdale Boat Show – the largest yacht show in regards to size in the world – which acts as a hive of activity and helps reports of positivity emerge. Especially now that the US is leading the way thanks to its resurgence in terms of sales and new build contracts signed.

This is only a brief breakdown of my overall notions we gained from the Monaco Yacht Show, and there’s so much more news to come, but with industry activity already high, more shows to come and the dust still to settle – this year’s close could have an incredibly profound effect on 2015.