The superyacht industry is running out of time to course-correct on sustainability if it and its playground – the oceans – are to survive the century, a new report finds.
“The cost of inaction is evident and will be extremely dire for our oceans and industry,” said Pepe García-Aubert, president and CEO of the MB92 Group. “However, I am convinced that through a collaborative approach, our industry can rise to the challenge and achieve our goal of a sustainable future for superyachting.”
MB92, the world’s biggest superyacht refitting group, consulted key stakeholders from the industry and environmental NGOs for a broad discussion on the path ahead for the luxury yacht sector. Among the topics discussed were advances in new propulsion technology, life cycle assessment tools and international regulation.