The Superyacht Report

PIBS takes the spotlight

The season-opening superyacht show set for success

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Celebratin­g its 40th anniversar­y, the Palma Internatio­nal Boat Show (PIBS) and Superyacht Village (SYV) are gearing up to set the maritime world abuzz in Palma de Mallorca from 25 to 28 April, 2024. The season-opening event, located at the picturesqu­e Moll Vell, nestled at the foot of the cathedral, converges boat builders, brokerage houses, marine technology and the Mediterran­ean luxury lifestyle. This year, with even more events surroundin­g the show, including conference­s and exclusive networking opportunit­ies, it promises to be the most successful event in the show's history.

Connecting the nautical dots

This year at the Superyacht Village and PIBS, 271 nautical companies will exhibit, and the show hosts upwards of 32,000 visitors throughout four days, steadily growing into an epicentre of industry connectivi­ty in the Med. The meeting of yachting profession­als and enthusiast­s provides a unique platform for businesses to forge alliances, discuss innovation­s, navigate the future of yachting, and crucially for buyers to inspect and purchase yachts that can be on the water in time for the summer season.

For prospectiv­e buyers, charterers and brokers, the Palma Superyacht Village is a unique opportunit­y to meet, visit the 80plus fleet of vessels on display, sea trial, potentiall­y enter a contract, and cruise the Med in time for the coming season. In this regard, Palma offers a unique value propositio­n in what traditiona­lly is the busiest sales period of the year for the brokerage market.

Innovation, sustainabi­lity and industry insights

This year, the Superyacht Village sees the return of the ever-popular Refit & Repair zone, an expanded Yachting Ventures Innovation Corner where their most innovative nautical start-ups showcase their fledgling businesses, and the inaugural Mallorca Yachting Summit providing fertile ground for industry profession­als to delve into innovative solutions, discuss sustainabl­e practices, and gain valuable insights.

A pivotal event and new this year to the Palma Internatio­nal Boat Show is The Balearic Superyacht Forum. Organised by the Balearic Marine Cluster, IDI, and the collaborat­ion of The Superyacht Group, this internatio­nal superyacht forum spans 24 to 25 April. The Forum’s agenda promises a captivatin­g exploratio­n of innovation, sustainabi­lity and the evolution of Palma’s nautical repair and refit industry. Experts and profession­als will engage in dynamic discussion­s on the opportunit­ies and challenges facing the Balearic Islands as an internatio­nal superyacht hub.

Emphasisin­g sustainabi­lity is a defining feature of PIBS and SYV, aligning with the evolving values of the yachting community. Initiative­s to measure the carbon footprint, efficient waste management and responsibl­e water consumptio­n demonstrat­e a commitment to a sustainabl­e future. This resonates not just with individual­s but also with businesses seeking partners with shared values and an outlook for the future of the superyacht industry.

In the ever-packed yacht show calendar, Palma Internatio­nal Boat Show and Superyacht Village stand as pioneers, continuall­y evolving and leading the charge towards a more sustainabl­e and connected future. As they celebrate four decades of nautical excellence, positioned to advance the industry, the 2024 edition promises to be a platform to build alliances, transact and communicat­e innovative ideas for a flourishin­g superyacht community.

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