MYBA partnership agreement signifies backing from the industry’s leading association
Taking place between 30th April and 4th May, the second edition of the Palma Superyacht Show will benefit from further growth and investment, not least through the signing of a joint partnership agreement with MYBA The Worldwide Yachting Association.
No stranger to assisting industry-centric events with 30 years worth professional experience, support and funding; one aspect of MYBA’s investment, for example, will help bring down the cost of berthing fees for participating yachts and brokers.
Summarizing the reason for MYBA’s involvement, President, Toby Maclaurin said “The agreement with MYBA is to help secure the future of the Show for the industry, so that it continues to be run competitively by the industry, for the benefit of the whole industry.”
Perfectly timed at the beginning of the season, this year’s show has extended berthing capacity in Palma’s Old Port area, meaning the likelihood is that up to 65 participating yachts of minimum length 24m – an expected increase of 50% upon last year - will be offered for advance sale and/or charter, in readiness for the season ahead.
Shore-side exhibitors whose main business is within the large yacht market, will benefit from networking opportunities with participating brokers and captains, combined with Majorca’s renowned ability to attract an affluent, international yachting clientele at this most pleasant time of the year.
Anticipating the improvements, Northrop & Johnson, Broker/Director, Simon Turner, said “We were pleased with the atmosphere at last year’s Show and unlike other shows, Palma Superyacht Show is unique by way of an approximate 50:50 motor to sail ratio, likewise, charter has a stronger influence here.”
Also signed as an exhibitor for the second year, e3 Managing Director, Roger Horner, is planning to launch new, game changing, communications technologies and services at the show and said “After developing e3 around the world over the last 18 years, we are thrilled to be able to support a truly international, in-water, Superyacht Show where it should be here in Palma.”
Palma Superyacht Show is open to all companies whose main business is with yachts above 24 metres and is the only public admission Brokerage & Charter Show organised by the industry itself.