BROWSE THROUGH OUR TRADE FAIRS IN MONACO FOR BOATS INDUSTRY

Monaco is one of the compact yet pivotal countries in the global and European maritime industry. This is due to the country serving as one of the central hubs of the sector. This is due to the country featuring a high-value seafaring segment due to its diverse ports. This includes the presence of a fleet comprising over 1 280 vessels and employing over 1 000 specialists. It encompasses diversified value chain segments. Such include port operations, ship maintenance, maritime transportation, et cetera. A significant amount of the segment is concentrated within Monaco-Ville, the country's capital. The seafaring industry of Monaco is one of the state’s vital economic contributors. For instance, it often represents 5% of the country’s turnover and over 4% of its GDP. This is because the segment often generates a turnover of around 180 000 000 EUR. While compact, the maritime industry of Monaco is also innovation-focused. This is due to the significance of staying up-to-date on the latest challenges and demands. This particularly applies to the yachting section of the country’s industry. Often, the sector presents its latest innovations during annual trade expositions. Such events most often occur in Monaco-Ville. They attract tens of thousands of attendants from various countries.