Editors Comments: Week Ending 10/07/2015

It’s around this time of year that a general sense of excitement and expectation can be felt across the industry as seasons get well underway, and huge events and shows can be spotted on the horizon.

Now, excitement might be the wrong word as there is no lack of stress attached to big events for industry, but the buzz of market activity is there none the less. As the market starts to come to life, it creates a slight vacuum in heavyweight news announcements, which tells me every year that the industry is preparing their big announcements for the upcoming shows.

The presence of positive market activity can be seen in announcements such as Y.CO’s report of seven superyachts sold in seven weeks. This is just one report from one charter and brokerage house, but contributes a significant amount to the overall movement to the period.

The announcements for Monaco are also starting to emerge, taking shape in the example reports of Lurssen’s intention of bringing Ester III to Port Hercules and CRN previewing three new yachts and three new models at the docks.

This may sound like a tangent, but earlier this week I found myself amongst the ports of Southern Spain, generally admiring the yachts on display and realising that this was my only break for the year before the eye of the storm passed at the second half of the year brought a slew of incredible events - not to mention a lot of late nights preparing for them.

This is probably why I use the word ‘excitement’ subjectively; however, these events are the lifeblood of news, market activity and future announcements and give us a lot to focus on.

In the coming weeks we’ll be announcing our intentions for the year’s events and the exciting news, exclusive content and direct access we’ll be delivering, so, as always, stay tuned for more.