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A PRODUCTIVE NETWORKING
SESSION
This two-day event provided a new opportunity
for key industry players to interact and form fruitful
partnerships. Participants shared their expertise at THE SMART INNOVATIVE YACHT AWARDS 2024
workshops dedicated to imagining the smart yacht of
tomorrow. The solutions and technologies discussed At the event, the international jury of around 20 industry professionals and investors
at these Smart Think Tank sessions will be compiled chose two winners for their promising innovations:
in an open-source report published in May. It is hoped
they will help innovators come up with concrete, ■ the start-up Composite Recycling which proposes to make yachting
achievable solutions to make the yachting industry sustainable: “We recycle the composite materials used in boats and wind
more environmentally conscious. “This event will turbines so they can become new boats, creating a closed loop for each of the
help fundamentally transform the yachting industry components”, explains Guillaume Perben, co-founder and CEO.
by linking innovation and sustainability, ensuring
excellence goes hand in hand with environmental ■ the scale-up Greenboats, which has developed “fibres that can compete
responsibility. We need the industry to be an integral with glass fibre and, better still, are lighter. It offers panel solutions that can
part of the equation”, said Olivier Wenden, Vice- be seamlessly integrated into production lines at major shipyards to reduce
President and CEO of the Prince Albert II of Monaco their carbon footprint”, explains the company’s Business Developer, Loris
Foundation. Schimanski, who partnered with Boris Herrmann and Team Malizia, founded
by Monaco Yacht Club Vice-President, Pierre Casiraghi.
PROMOTING SYNERGY This event co-organised by M3, Monaco Yacht Club and its partners was a highlight
of Monaco Ocean Week, shining a light on industry innovations and getting the
Three round-table discussions featuring industry entire maritime ecosystem interacting, from yacht companies to port infrastructures.
heavyweights highlighted the way environmental,
economic and operational factors are shaping
yachting’s energy transition.
The first topic was the impact of new engine
technologies, propulsion systems and fuels.
Discussions focused on hydrogen following a
presentation of the existing solutions by Michel
Delpon, Emmanuel Macron’s hydrogen ambassador
for France 2030. The second talk explored ways to
foster a circular economy and create synergy within
the industry to make yacht design and maintenance
more efficient, sustainable and innovative. The final
discussion focused on industry regulations and
incentives to address the challenges that lie ahead, in
particular the application of rules designed to protect
the coastal environment and marine resources.
GREENBOATS Materials Composition / © Felix Diemer