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Launch of the 1st Monaco Smart Yacht Rendezvous: After the success of its Monaco Smart & Sustainable Marina Rendezvous, M3 (Monaco Marina Management) is launching the first Monaco Smart Yacht Rendezvous. Under the aegis of ‘Monaco, Capital of Advanced Yachting’, this networking event is on 23-24 March 2023 at the YCM during Monaco Ocean Week and culminates in the Smart Innovative Yacht Awards. As an industry in the throes of transforming, the Luxury Yacht sector is mobilising players who have already begun to make significant steps towards a more sustainable future. This networking event is an opportunity for owners and industry players to discover the technical challenges that need to be overcome and facilitate new partnerships, particularly in the circular economy. It is imperative to involve the whole ecosystem to make it more virtuous by encouraging exchanges and bringing on innovations that can effect major changes to the industry. It’s a priority. It is estimated that on average yachts spend 80% of their time quayside and most of the rest of the 20% at anchor. Thanks to technology, new solutions are available.