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Monaco Gearing Up For 2007 Yacht Show
by Ulrika Lomas, Tax-News.com, Brussels

29 August 2007

The boating world is gearing up for the 17th Monaco Yacht Show, which will take place next month.

The Yacht Show will be held September 19-22 in Monaco’s Port Hercules, and will once again be the focal point for business in the luxury yachting sector, according to organisers.

Exhibitors will include ship-builders and designers, naval architects, yacht equipment suppliers, brokers and service providers.

With 500 exhibitors coming from 38 different countries, the show has already been booked up for several months. Approximately 24,000 visitors are expected to attend.

This year, the show will extend its exhibition along the whole of the T Central quay, offering more in-water exhibition space for yachts, 50% of which will be more than 40 meters long. Additional stands will be set up along the T Central quay and at the end of the North Jetty to enable exhibitors to create new welcoming space next to their boats.

A new official partner has been chosen for the 17th Monaco Yacht Show, jeweller Van Cleef & Arpels, and organisers have additionally revealed that the MYS will continue its commitment to protecting the environment.

They explained that:

"The Monaco Yacht Show is well aware of the scale of the danger our planet is facing. That is why it has adopted a sustainalble development strategy over the past three years which consists in paying an ecology tax each year to help fund ecology projects throughout the world. This ecology tax is calculated on the basis of the carbon dioxide emissions caused by exhibitors, visitors and yachts presented in the in-water exhibition (including transport, accommodation and arrival at Monaco of the yachts themselves)."

"In 2007, the Monaco Yacht Show is continuing its commitment to environmental protection and will set up new projects in India and China.
The show is already financing environmental projects of great scale in Pennsylvania, Brittany and New Zealand."

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