2023 Monaco Superyacht Finance Forum
Agenda
Sep. 26, 2023
16th Annual Superyacht Finance Forum
8:30 Registration Opens and Welcome Coffee
9:30 Chairman’s Opening Remarks
Hugo Modderman, Managing Director, Dolfinance
9:40 The Transformation of the Superyacht Brokerage Industry
With the world constantly evolving so does the superyacht brokerage industry. What’s the latest trends in the market and what’s needed to stay competitive in it? What does companies like Camper & Nicholsons International do to adapt and reinvent themselves in order to stay ahead of the game and tempt to anticipate what the future holds?
Jenny Skoog, Group CFO, Camper & Nicholsons
10:00 The Super Yachting Regenerative Revolution
Ocean Assist Program
Ocean Positive Finance: Bridging the Gap between Finance and the Ocean
The State of Finance for Blue Carbon and the Super Yachting Regenerative Path Forward
Vienna Eleuteri, Initiator and Vice-Chair, Water Revolution Foundation
10:20 Yacht Insurance – Pricing Pressures, Reduction of Coverages, Increasing Special Deductibles
Thomas Gresh, Senior Vice President, Marsh McLennan
Jill Arnold Bull, President, Lockton Insurance’s Private Risk Solutions Group
Moderator: Nick Zeher, Managing Partner, Robert Allen Law
10:50 Morning Coffee Break
Graciously Sponsored by
11:20 EU Returned Goods Relief – Charting the End of Discrimination Against Non-EU Flagged Yachts
Returned Goods Relief (RGR) allows yachts which are tax cleared, regardless of their flag, to leave and return to the EU with minimal formality. They are declared by the “sole act of crossing the frontier” of the EU, and this saves them considerable time and costs. VAT experts discuss what to do when leaving and returning to the EU seasonally, clarify how the law has now changed to remove previous discrimination against non-EU flagged yachts, and provide official guidance on how to benefit safely from RGR.
Carla Bellieni, Partner, Studio Piana Illuzzi Queirolo Trabattoni
Miguel Ángel Serra, Founding Partner, LegaLLey
Christopher Pousse, Associate, H&V Yachting
Moderator: Ayuk Ntuiabane, Managing Partner, Y & A Group, LP
12:00 The Finance Market
How are rising interest rates effecting borrowing demand
Lenders’ appetite for yacht finance
Where are we seeing growth / decline in markets
What is Q3/4 looking like as we move on to the new 2024 season
Differences between U.S. and European lenders in this current economic climate
Challenges lenders face in dealing with Yacht Builders
Challenges lenders face in dealing with Yacht Owners/Buyers.
Lisa Verbit, Director, Bank of America, N.A.
James Crew, Sales Director, Marine Finance, Close Brothers Aviation & Marine
Scott Walter, Chief Operating Officer, Shore Premier Finance
Jon Henley, Managing Director, Atlantic Capital Advisory Limited
Moderator: Umberto Bonavita, Partner, Robert Allen Law
Lunch
2:15 The Billionaire’s Playground: A Look into the Worldwide Economy, the Billionaires and Superyacht Market
Erik Floor, Industry Expert
3:00 New Marinas – Infrastructure Capital Opportunity
World review of new marina development activity
Demand far exceeds supply
What are we going to do about it?
Ra'anan Ben-Zur, Developer, Habacoa
3:20 Afternoon Coffee Break
4:00 The Brave New Superyacht World
It is time to think differently and get ready for the future….2030 and beyond.
People, Planet, Process, Purpose, Performance, Perception, Protests and Profit