COVERSHIP insights on sustainable yachting at the 2nd Monaco Smart Yacht Event

1th  April 2024

In the iconic Yacht Club of Monaco took place the second edition of the Monaco Smart Yacht rendez-vous on the 21st and 22nd of March, 2024

Our Managing Partner, Vincent Huens de Brouwer joined industry experts focusing on how technology could steer yachting towards greater sustainability, significantly reducing carbon emissions through a yacht’s lifespan—from construction to recycling.

Here are some key insights from Vincent:

All for one, one for all : The who’s who of the yachting community was there with the big names of superyacht shipyards, top engine manufacturers, mixing up with innovative start-ups, scale-ups, and strategic investors engaged in meaningful dialogue to make things better together

Diversity fuels strength: Cross-industry collaboration seems to be the key to future greener yachting. Indeed, this event saw a melting pot of experts from sailing, shipping, and the automotive sectors sharing their advanced technologies to enhanced yachting sustainability

Many paths, one wisdom : The tomorrow yacht propulsion debate still remains open but a consensus is emerging . With a significant number of alternative propulsion technologies to fully or partly replace fossil fuels – from battery electric, HVO biofuels, hydrogen fuel cells, hybrid systems combined with advanced generation of diesel engines, sail-driven, to solar panels – our manufacturers  are preparing for a future where not just one, but multiple propulsion systems may co-exist, tailoring yacht engines and engine rooms to accommodate an owner’s preference.

Simpler is better : As the event celebrated the most innovative start/scale up, it was two low-tech innovators who were awarded by the jury. These winners were celebrated for their practical, attainable, and eco-friendly technologies, showing that simplicity can indeed pave the way toward a more sustainable yachting industry.