Day: 3 September 2017

The Monaco Yacht Summit has quickly established itself as a major annual event in its own right, as it takes place again in 2017 alongside the world’s leading yacht show.

On September 26, the Monaco Yacht Summit welcomes new potential superyacht clients – or their representatives – to discuss the current issues about first-time charter or purchase of luxury yachts. For the 2017 Monaco Yacht Summit, a team of 11 experts has been selected to share their personal experience and unbiased insights on five topics.

Freddy Desplanques and Sophia Tutino will speak on Charters, Ken Judge, Robb Maass and Anouch Sedef will address the topic of Purchase, John Cook and Charles Dugas-Standish will examine the question of Crew, Stefano Pastrovich and Laura Pomponi will speak on Design, and Xavier Lamadrid and Jonathan Watson will address Management.

The subjects will be discussed in a casual ambiance to enable an effortless flow of dialogue, the organisers say.

“If you are interested in either the first-time purchase or charter of a yacht and are new to the yachting industry, you are welcome to apply for your participation by emailing concierge@monacoyachtshow.mc.

“If you wish to appoint your personal assistant or family office representative to attend on your behalf, please advise concierge@monacoyachtshow.mc.

“We look forward to welcoming you to this exclusive and informative programme.”

This Monaco Yacht Summit event is on September 26 at Le Méridien Beach Plaza Hotel, Monaco. The free-of-charge programme is exclusively reserved for qualified and identified delegates with participation upon approval.

Partners for the event are Plendi, the Monaco Economic Board, and Yacht Investor. The Monaco Yacht Summit is organised by the Monaco Yacht Show. More information: www.monacoyachtsummit.com

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France faces a hot autumn of discontent over proposed changes to the country’s complex labour laws. While many French voters agree with the viewpoint that the labour market should be more flexible, only a minority go along with President Macron’s package of proposed reforms, unveiled on Thursday, August 31.

According to a survey published by Harris Interactive for RMC and Atlantico on the following day, 58 percent of French voters oppose the labour law reforms, which would make it easier for companies to slim their workforces in times of downturn. Enthusiasts of reform claim that such a move would also make it more likely that companies would hire new staff as the need arose, increasing the country’s competitiveness.

Supporters of President Macron favour the reforms by 82 percent to 18. Across the board, 54 percent of respondents said the reforms will “reduce the power of trade unions in companies”. Interestingly, only 43 percent of those polled think the reform will “improve the competitiveness of enterprises.”

The survey was conducted online on August 31 with a sample of 1,004 people, representative of French people aged 18 and over.

Meanwhile, the more militant French unions are promising protests and ‘days of action’ against the reform, with the first large demonstrations slated for September 12.

READ MORE: Macron calls for profound change

A bizarre agreement between an employee and her boss has come to light during an investigation by the Federation of Trade Unions in Monaco. While working for the firm Le Plaisir du Palais, Beatrice di Peri (40) paid a cheque to her employer as a ‘guarantee,’ in exchange for which the employer changed the terms of her contract – making her employment permanent – in order for her to be able to raise a mortgage for an apartment, she claims.

For some time she was a familiar face at a refreshment bar at the Princess Grace Hospital, where she worked alongside a colleague.

She said: “”I worked for five years on a fixed-term contract, with three contracts: four years, one month and one year. And I needed to take a credit. The bank was asking me for a CDI. This was in December 2012. My boss had procrastinated then said to me: “We will make you a CDI in exchange for a cheque for 2,000 euros that will be cashed if we have to break the contract. So I gave a cheque for 2,000 euros to have a CDI.”

However, following an accident at work she was not able to continue with her job. The cheque was cashed. While the Trade Union Federation fights her case, Beatrice sent a letter to the Labor Inspectorate to explain her story.

“I am still waiting for the letter of dismissal from my employer and the reimbursement to my father of his 2,000 euros.”

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A yacht built for Prince Rainier and Princess Grace is on the market with an asking price of 1.5 million euros. Stalca is a 24-metre traditional-style yacht, a classic boat with lots of teak and brass as well as the history that goes with it.

Visch Holland built the Stalca in 1971, and the name reflects the first two letters of the couple’s three children. Stalca has a full displacement steel hull with a 19-foot, 5-inch beam, an aluminium superstructure, and a teak deck. The yacht has a cruising range of 1,136 nautical miles, thanks to two 300-horsepower Caterpillar D336TA turbocharged and after-cooled V8 engines. Her maximum speed is 12 knots and cruising speed a stately nine knots.

She boasts a full-beam master stateroom and a full-beam VIP stateroom, both en-suite, and two additional twin staterooms with a shared bathroom. Stalca accommodates eight guests.

The yacht’s engines and generators were replaced in 2009, and Boat International has described the latest renovation as an almost full rebuild. The yacht brokerage company Bluewater is selling the yacht, which is suited for both personal use and charter.

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