Yes we Cannes
Today marks the opening of the 2016 Cannes Yacht Festival, the first of three autumn get-togethers for the luxury-yacht industry (Genoa and Monaco will follow later this month). Like all luxury goods, boats – from sleek runabouts to giant superyachts – are having a tough time right now as sales are hit by sluggish emerging markets, China’s anti-corruption legislation and sanctions in Russia. Nonetheless, shipyards and industry commentators will find reasons to look on the bright side throughout the duration of the six-day event under the French Riviera sun. Worldwide premieres abound in Cannes this week and among almost 600 boats showcased we’ll be eyeing up two new yachts from Italian shipyards: the nifty Sea Top 13.90 from Blu Martin and the Oceanic GT 76 from Rome-based Canados.