– Economy – The 62nd Genoa International Boat Show becomes a record

The main focus of the 2022 Genoa Boat Show was on the region’s future prospects as a premier superyacht hub…

This year, the Genoa International Boat Show was a resounding success in terms of attendance and ticket sales. The show’s organizers recorded a 37% increase in online ticket sales compared to last year, which was further hampered by COVID-19 restrictions. Between 22nd and 27th September there were over 1,000 boats in attendance, 998 brands on display and a total of 168 world premieres, on-water exhibit space also increased by 5.2% while new Levante waterfront areas were still under construction.

The event began with the Mayor of Genoa, Marco Bucci, announcing to the crowd: “Genoa wants to be the world capital of yachting, able to host international events thanks to increasing investments on the Levante seafront. In June 2023 we will host the final of the Ocean race and the Palasport and the maritime areas will be completely redone. The next fair will accommodate an additional 200 seats, providing an area influenced by a major urban regeneration project. The idea, with Confindustria Nautica, is to sign a new ten-year agreement in these unique areas in Europe in 2024.

Saverio Cecchi, President of the Italian Maritime Industry Association, revealed the magnitude of the show’s annual growth: “The Genoa Boat Show is constantly growing; this year, the exhibition spaces on the water have increased and the new areas of the Levante waterfront are already under construction – which will guarantee unwavering growth for the next 10 years”. From 2023, the layout of the show will be redesigned in response to the ongoing redevelopment of the Levante waterfront, with new docks, new floor exhibition spaces, new accommodation, new services and underground parking. .

The economic forecast conference also provided some interesting information on positive financial trends not only for Genoa, but for Italy as a whole. Shipbuilding production for US customers was cited as the main factor fueling this growth, with the year ending March 2022 reaching a record turnover of €3.37 billion, with the US being the leading market for new Italian shipyards (16.4% share) .

The total number of employees rose to 26,350, an increase of 9.7% over the previous year – a figure that includes all sectors of industry – 14,710 of these workers are employed in construction new superyachts. Moreover, the contribution of the yachting sector to the national GDP was more than 5.1 billion euros in 2021, a strong increase of more than 31% compared to the figure for 2020.

There were a number of impressive yachts on display at this year’s show, however, the standout vessel was the Sanlorenzo SP110. With an overall length of 33m, the yacht is capable of reaching a top speed of 40 knots and can also accommodate up to 8 people. Despite these impressive specifications, it is the ship’s interior design and styling that sets her apart from the rest of the fleet. This yacht has been described by the Sanlorenzo team as one of their most impressive and experimental projects to date, and her solar panels and jet propulsion technology add to her modern feel and ecological references. The interior is incredibly spacious and bright with vertical open space between decks and massive picture windows.

The Genoa International Boat Show was a great showcase of the promising things to come for the region over the next two years. Construction work and a lack of mooring space meant this year’s show was mainly about speculation and generating excitement for Genoa as a future superyacht hub – but that hasn’t stopped it to be a record in terms of the quality of the yachts on display and overall. presence. The Superyacht Group has also conducted its own research into Genoa’s potential as a refit and berthing facility and will report the results in the next Superyacht refit report. To be sure not to miss anything, register as an essential member here

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