Stay sane, sustain

Love and marriage, horse and carriage, and now, superyacht and sustainability: bonded at the hip, paired for life, you can’t have one without the other.

Sustainability is this year’s MYS buzz word.

If you blink in the Darse Sud Exhibition Tent you might miss the sustainability ‘suite’, but “It’s a step in the right direction”, clamours this 14-stand strong army of exhibitors. And, what they might lack in numbers they make up for in enthusiasm: This corner is busting to save the earth and seas and has (some) of the wherewithal to make it happen.

Monaco Life pulled back the tent flaps and ventured inside to discover some of the innovative solutions on offer and learn what they mean for the future of yachting.

Hello Hydrogen

‘It’s time to shift’ is the rallying cry of EODev (Energy Observer Developments). This business, created in 2019, draws on the experience accumulated on board the 30.5 metre vessel, Energy Observer – the first hydrogen-powered, zero-emission vessel to be self-sufficient in energy.

EODev presents the RexH2, an onboard hydrogen fuel cell power generator. It has a footprint of one cubic meter and weighs 540 kilograms, which, for the non-scientific among us, is not very much.

Business Developer Fernando Szabados explains: “Basically, we produce hydrogen based on fuel cell technology supplied by Toyota and adapt it to our products. They have been using this technology for decades and they know how to use it and its nature. We integrated the product into the Energy Observer in 2019 and she’s been navigating now for two years with no failures.”

Right now, the biggest boat that can be powered this way is a 30m, “But”, says Szabados, “We can supply power for bigger boats, for ‘hotel load’, which means overnight power when the vessel is not moving.  Simply put, this can replace a diesel generator with no emissions, because we use hydrogen which can be produced in a totally renewable way; what we call ‘green hydrogen’. So even in the process of producing hydrogen there are no emissions. It can be used to go to protected areas with zero emission navigation.” The company is currently working on different sizes of power unit, bigger units for bigger and smaller units for smaller yachts. “The greatest challenge we have right now is for hydrogen storage, because it’s quite voluminous.”

Dr Elisabetta Zerazion, Scientific Coordinator of Water Revolution Foundation. Photo by Monaco Life

Drastic plastic

Chris Desai used to work on yachts, but during a yachtmaster course decided he wanted to work to save the sea rather than sail on it. So, he founded the charity UOCEAN 2050. “We believe we can mitigate the plastic and carbon footprint of the yachting industry,” explains Desai. “We think the yachting industry should drive the change because yachts are on the ocean and enjoy its nature. Our aim is to minimise the plastic footprints of yachts and make sure it doesn’t reach the sea.” The charity missions are, by 2030, to remove a billion kilos of marine plastic (they are currently 330,000 kilos in), and restore the abundance of the oceans by 2050.

The charity encourages plastic clean-ups throughout the world: rivers, canals, beaches, and engaging schools and all types of communities. Desai explains, “It’s about getting people who have never had access to conservation to get involved at a grass roots level to protect their communities.”  

“Unsustainable practices on superyachts have to stop,” he insists, “And there is no reason why they cannot adapt to a more sustainable model by reducing their plastic and off-setting their plastic, emissions etc.”

The charity offers and is conducting an audit service for yachts on the plastic and carbon usage and work with the yachts to find alternatives.

Track Back

The Water Revolution Foundation has some hefty industry supporters with some hefty projects. The Board of Directors includes superyacht industry heavyweights such as Henk de Vries III, Chairman of De Vries Scheepsbouw, who also have a 50% share of Feadship, yacht designer Philippe Briand, and Peter Lürssen of Lürssen Yachts. They are partnered with doctors in sustainable development, marine biology and science. The aim is to track, understand and change the impact of yachts on the environment.

Their work is a study in the collective term for initialisms, but no less relevant for it.

Explains Dr Elisabetta Zerazion: “YETI (Yacht Environmental Transparency Index) will be launched at METS 2022 in November this year. It offers owners the possibility to compare their superyacht by its environmental credentials and get a YETI score.” Other innovations include a Database of Sustainable Solutions (DOSS) to have sustainable solutions verified by a third party, and perhaps the most exciting is IMMA (Important Marine Mammal Areas). This allows yachts to identify, give clear passage and react responsibly to marine life locations and behaviour.

Lee Hirons of OceanLED, photo by Monaco Life

Lights please

OceanLED Marine are all about lights. Lee Hirons points out the Sustainable Solution Verified certificate from the Water Revolution Foundation. “We are one of the first to get this verification and we are very proud. One of the main features of our lights are the optics. They give the best beam and water penetration possible. A lot of our competitors do not use optics they just push a lot of power through. We don’t have to use so much power through the lights.” Because of the reduced heat, the lights can also be smaller and therefore created with less material, another sustainable factor.

 

Monaco Life emerged from the tent enlightened and inspired. Go peek.

 

 

 

 

 

Princely Family unveil Prince Rainer III commemorative logo

Prince Albert and Princess Charlene were joined by members of the Princely family in unveiling the official logo that will accompany all commemorative events linked to the centenary of the birth of Prince Rainier III, which takes place next year.

As Honorary President of the Commemorative Committee, Prince Albert on Wednesday was joined by his sister and Honorary President Princess Stéphanie, as well as Princess Charlene, Caroline Princess of Hanover, Mr. and Mrs. Louis Ducruet and Camille Gottlieb, as well as government ministers and other personalities, in unveiling the official logo.

Commemorations are due to take place in 2023, marking 100 years since the birth of Prince Rainier III.

They will begin on 31st May, the day of his birth, and will pay tribute to the late Prince, former Head of State, a “passionate man and father of a family”, said the Palace in a statement on Wednesday.

Photo by Eric Mathon, Prince’s Palace

“The year 2023 will make it possible to celebrate his memory, to make it known to the younger generations his work, and to remember the man who devoted his life to the service of the Principality,” concluded the Palace.

The logo includes a profile portrait of Prince Rainier III, his insignia, and the red and white colours of the Principality of Monaco.

 

 

Photo above by Eric Mathon, Prince’s Palace

 

 

 

 

Principality to start trial of free buses for everyone

All buses within the Principality of Monaco will be free for a two-month period, beginning 3rd October, and depending on the success of the scheme, the change could become permanent. 

From 3rd October until 27th November, the government is testing the free bus scheme that, if successful, will be extended before being made permanent. The objective of the scheme is three-fold: decrease traffic within Monaco, reduce greenhouse gas emissions, and improve the quality of life of Monaco’s residents, visitors and commuters.

The National Council have described the move as “a responsible, ecological and economical approach”. They added that it, “incites motorists residing in the Principality to leave their cars at home, and instead favour green forms of transport when moving around the Principality.”

More than 49,000 cars take to the roads of the Principality on a daily basis, which not only generates a high level of congestion within Monaco, but also has negative effects upon the quality of life in the Principality, and the environment. The government is hoping to reduce traffic by 20%, and a key arm in this battle is making public transport the main way of moving around the Principality.

During this test period, the government will carry out surveys by asking public transport users their opinions on the Principality’s network in order to further improve the service.

The National Council has announced that should the scheme have the desired effect of reducing traffic and increasing public transport usage, they will call on the government to extend the measure with the aim of making free public transport permanent.

 

 

Photo source: Government Communication Department

 

 

 

MonacoTech enter partnership with Hinduja group

MonacoTech has signed a collaboration agreement with the international group Hinduja promoting exchanges and networking between startups and companies.

The agreement was signed by Lionel Galfré, Director of MonacoTech, and Monegasque company HGM – member of Hinduja, represented by Ajay Hinduja and Edouard Mousny.

The purpose is for the two structures to benefit from the strengths of the other, namely the very vast, international, multi-sectoral experience of the Hinduja group and the innovation and dynamism of the projects supported by Monaco Tech.

“MonacoTech start-ups have the ability to free themselves from routines and burdens by proposing either a technological innovation capable of reinventing the processes and business models of a market, or to reverse the market approach of a sector by providing concept innovation,” said the government-run business incubator in a press statement. “They have the creativity, the dynamism and the breath of creation linked to their youth. These start-ups, on the other hand, very often suffer from a lack of funding, experience and knowledge of sectors, networks, support and relays internationally.

“Meanwhile, large companies, such as the Hinduja group, have expertise, know-how, financial resources and a particularly international network of great value and potentially very powerful.”

 

 

 

Photo source: MonacoTech

 

 

 

 

AS Monaco release first football made out of recycled vegetables

AS Monaco have, along with the other 19 Ligue 1 clubs, partnered up with Rebond to create the world’s first-ever football made out of recycled vegetable materials. 

The project coincides with the start of European Sustainable Development Week, which began on 18th September, and runs through until 8th October. The Principality club have teamed up with Rebond, a company dedicated to creating eco-friendly sports balls, by working with ecological materials, working within the circular economy, and by developing a French production line.

The ball, which includes key elements of the Principality, as well as iconic representations of the club and its decorated history, was designed by Docteur Paper.

The ball is already available for purchase, although any potential buyers will have to move quickly. Currently, the ball can only be bought on the Ulule platform with 500 balls able to be delivered before Christmas. Any extra balls purchased will be delivered in March 2023.

However, the club itself will soon start selling the ball both online and also in the club’s shop in Monaco. Funds raised through sales will fund further research and development into eco-friendly designs.

The club has also pledged to give all of its proceeds to the Oceanographic Institute, thus aiding the preservation of oceans, and its wildlife and plant life.

AS Monaco’s latest partnership fits in with the club strategy of becoming more environmentally responsible. The club’s shop became a member of the government’s environmental label, which entails certain commitments toward sustainability.

Through the club’s ‘Red and White beehives’ campaign, AS Monaco have also committed to helping biodiversity in the Principality, by financing a beehive for every 10 goals scored in Ligue 1 this season.

 

Photo by AS Monaco

 

Monaco Economic Board ventures into Canada

The Monaco Economic Board (MEB) has made its first visit to Canada this century in order to develop the relationship between the countries, and potentially seek Canadian investment in Monegasque business. 

The MEB has had to wait a long time to set foot once again on Canadian soil. Having not visited the North American country since 1999, their arrival was delayed due to the Covid pandemic.

Monaco’s “economic mission” in Canada began in French-speaking Montreal on 18th September, and was attended by seven Monégasque businesses from a range of industries. The hope is to strengthen collaboration with the Canadian market, whilst also potentially seeking investment into the Principality.

“[The objective] is to develop relationships between the two countries. We hope to accompany Monégasque businesses in their development here in Canada, promote synergies and opportunities in the local business community, and attract Candian investment into Monégasque businesses,” said Guillaume Rose, executive CEO of the MEB.

During their stay in Montréal, the Monégasque delegation met the principal economic actors in the Quebec region, including Montréal international and the Metropolitan Montréal chamber of commerce. During this meeting, Franco-Monégasque co-operation was formalised through the signing of two new agreements with the CCI France Canada and SOPER.

The Monégasuqe delegation then continued on to English-speaking Canada with a visit to Toronto on Saturday. Like in Montréal, the MEB met with multiple actors in order to facilitate business creation, as well as investment through networking with the MEB’s partners. As a hub of finance, as well as technology, the visit to Toronto allowed Monégasque businesses linked to those sectors to create professional connections and synergies.

A press release from the MEB proclaimed the delegation’s Canadian tour as a “mission accomplished” that opens up the North American market to the Principality, and its diverse range of businesses and industries.

 

Photo source: Monaco Economic Board