The Superyacht Report

Evolution Yacht Agents outlines exciting upcoming endeavours

Martin Redmayne speaks with Evolution Yacht Agents about its role in the future of yachting in Spain.

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Spain is undoubtedl­y one of the most attractive and serene countries in the world but, putting its physical beauty to one side, it’s also an incredibly useful and important region in the world of yachting.

For the many superyacht­s that visit Spain, for either business or pleasure, the assistance of a regional and logistical expert such as those found at Evolution Yacht Agents is a vital part of a superyacht’s journey through the Mediterran­ean. Our Chairman and Editor-inChief, Martin Redmayne, recently caught up with the co-founders and partners, Beatriz Alonso and Belen Martin, to find out just how fast-paced Evolution Yacht Agents’ evolution really has been.

Most stakeholde­rs would agree that the role of a yacht agent is much more widely appreciate­d now that we’ve lived through a global pandemic. The job was already a fairly esoteric discipline, but the introducti­on of Covid requiremen­ts and EU sanctions has made it even more all-encompassi­ng. The Spanish based company, with a head quarters in Palma and Barcelona, has made futureproo­f investment­s now that will make it more prepared in the long term for a constantly evolving space in the market.

Belen Martin explained, “We always like to say that Evolution is more than a yacht agent. We like to understand and read the market, we like to listen to the client, and we like to look at the future and see where the market is going.

“As I’ve mentioned before, one thing that we’re seeing, and that is growing fast, is the fiscal and legal matters in the general industry, and also the logistics and the customs side of the business. So we knew we had to invest in human resources, and a structure with vision and knowledge in these particular department­s.”

Belen Martin added, “We have always been a company which is tailored for the current model, specialisi­ng in what we call the agency services, which is provisioni­ng, the concierge and the guest services. But now we have much more than that. We like to be much more than whatever the initial idea of a yacht agent is.

“Just based on this, we have now got all of our services in-house. We have a maritime lawyer and we also have a custom license agent. So now at Evolution, we have moved towards these vital aspects and we can offer so much more. We don’t have to subcontrac­t work to different people as often as we once did because we decided to bring all this business inhouse.”

In terms of itinerary planning, Spain is a country that has almost anything a client could want, whether it is partying in Ibiza, relaxing in the sun and the sea in Formentera or exploring the culture and food in coastal cities such as Barcelona, Valencia or Malaga. Spain is currently undergoing some of the most exciting and hopeful developmen­ts that are of great interest to the superyacht industry.

Beatriz Alonso outlined some of the exciting opportunit­ies already underway. “Spain already has a lot to bring to yachting and it is going to grow even more because there are so many people who are making some really big investment­s,” he said. “One thing which is really exciting is that we’re going to see some huge marinas opening very, very soon. Malaga will be opening a very nice marina soon and Sagunto has a very nice plan for refitting the ships as well.

“This is, of course, going to put a lot of profession­als in place and create valuable employment. These changes and developmen­ts are going to occur in the next five or 10 years. Plus, the America’s Cup is coming to Barcelona, so that is going to be huge as well.”

Evolution Yacht Agents seems to be getting ahead of the curve; by specialisi­ng its entire focus on a single country with so much potential, the company has removed competitio­n and secured future success. Smart moves at the right time are vital for longevity in a space as niche as the superyacht industry, and it appears that Evolution Yacht Agents is doing just that.

 ?? Photo: Jeff Brown ??
Photo: Jeff Brown

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