Dr. Tonio Grech, Partner, and Dr. Jessica Galea, Senior Associate and Head of our Yachting Department recently attended the first annual IYBA/MYBA Summit in Monaco which was co-sponsored by Dingli & Dingli Law Firm. The event proved to be a top educational experience to all attendees. It kicked off with different shipyards offering their time to participants for ‘speed dating’, followed by discussions of various yachting related topics spread over two days. These included shipyard contracts; insurance; sustainability; design; KYC; transactions involving Crypto, NFTS, digital and virtual currency; marketing strategies in the superyacht sector, purchase & charter contracts/addenda thereto, as well as Mediterranean and unusual superyacht destinations. Participants were also introduced to the very relevant initiatives: The Seabed 2030 project (yachts helping map the seabed – the Bathymetry Initiative), the Water Revolution Foundation, and YachtAid Global. All participants ended the first day of the Summit aboard the ‘White Rose of Drachs’ for an evening cocktail, and a super time was had by all.