The Principality of Monaco and Informa have confirmed they are working on a smaller, not-for-profit Monaco Yacht Show in Port Hercule, to take place 23-26 September 2020.
Full details of the show plan are still to be announced, but organisers say the event will employ the highest standards of hygiene and cleanliness and be dedicated to supporting the speedy recovery of the industry post Covid-19.
The show historically has provided a platform for designers, brokers, shipyards and other key players within the yachting industry to connect with customers.
The Covid-19 pandemic has had a marked impact on the international yachting community, with many businesses temporarily closed and staff furloughed, and the usual annual cycle of industry activity severely disrupted.
As a gradual relaxation of lockdown restrictions and control measures spreads around the world, the show organisers Informa say the September edition will be a carefully staged event run on a not-for-profit basis, a decision, they say, that recognises the challenges connected with the Covid-19 pandemic.
The show will run in accordance with Informa’s AllSecure health and safety standard.
Charlie McCurdy, Chief Executive, Informa Markets, said: “The Covid-19 pandemic has had a devastating impact on all industries, not least the international yachting community. As we move to the other side of the pandemic, all parts of the industry need to work collaboratively to ensure a speedy return and recovery. We are playing our part by hosting a not-for-profit Monaco Yacht Show in 2020, providing an opportunity for the community to come together, share ideas, meet with customers and start to rebuild positive momentum.”
Jean Castellini, Minister of Finance and Economy for Monaco, added: “In the aftermath of Covid-19, it is the responsibility of the Monaco government to do everything we can to help businesses and industries recover quickly. In this spirit, we are working with Informa to finalise details of the 2020 Monaco Yacht Show, which will prioritise the health and safety of all participants.”