News and Insights

A new, strategically positioned home for international collaboration among the large yacht builders Malta, 26 October 2026 – The Superyacht Builders Association (SYBAss) announces the move of its official seat and legal offices to Malta, establishing a new base for the international association. With no large yacht builder based on the island, Malta provides an independent setting for SYBAss...

Monaco, August 2026 – The Superyacht Builders Association (SYBAss) is pleased to welcome yacht builder Mengi Yay Yachts as its newest member, further strengthening the association’s representation of yacht building activity in Turkey. Mengi Yay was founded in 1964 in Istanbul as a family-owned shipyard specializing in wooden yacht construction. During the 1990s and early 2000s, the company exp...

Lorenzo Pollicardo, argues the time has come for a unified approach to bring more clarity, consistency and credibility to yacht regulation on "How to Build it".  The superyacht sector has long operated under a patchwork of flag state regulations, justified by its unique characteristics. Some maintain the industry is best served by this process of innovation and refinement that can adapt the ...

The 111st session of the IMO Maritime Safety Committee (MSC) took place in London from May 13 to 22, 2026. SYBAss attended the whole committee to represent superyachts. The key milestones of this session were the adoption of a non-mandatory International Code of Safety for Maritime Autonomous Surface Ships (MASS Code) addressing the growing need for a standardized framework to regulate this d...

New Study Positions Yacht Builders as the Industrial Foundation of a €54 Billion Global Superyacht Economy A new landmark study by Deloitte and Vrije Universiteit Amsterdam, Global Economic Impact of the Superyacht Industry, commissioned by Superyacht Life Foundation (SYL) and the Superyacht Builders Association (SYBAss), reveals that the global superyacht sector generated approximately €54 ...