, 2023-01-10 10:56:40,
We ask the market what they think of the developments in the Red Sea and the potential of the region as a major superyacht destination……
Mohammed Bin Salmans vision of building a region that is more livable, sustainable, and productive than any other place on Earth has officially evolved beyond the point of myth and fantasy. Work is already well underway in the Northwestern reaches of Saudi Arabia, and once major construction in the region is complete, it will undoubtedly be regarded as one of the most astonishing global developments of the 21st century. While details surrounding the project itself remain shrouded in secrecy, the majority of the world will already have caught a glimpse of the mind-boggling renderings promising an entirely self-sustaining city so large that it will be visible from space.
Much of the general narrative surrounding the NEOM project remains highly speculative and politically charged. However, we would like to know what the market thinks of these developments, from a pure superyacht industry perspective. These incredible projects will ultimately reshape what are typically considered to be traditional yachting cruising patterns, as well as provide next-generation, state-of-the-art infrastructure that could very well become the new beating heart of the luxury yacht market.
For this reason, we would like to offer our loyal readership the opportunity to put forward their perspectives and opinions on the…
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