Navigating Net Zero

It is with great pleasure that I begin writing for The Monegasque™. What could be better to celebrate my move to Monaco with my family? I am eager to share my experiences in yachting and boating, and I hope the special readers of this remarkable publication will enjoy my contributions.

The Future of Yachting: A Sustainable Horizon  
The yachting industry, traditionally known for its magnificence and luxury, is undergoing a profound transformation. As environmental awareness reaches new heights, yacht owners and builders alike are embracing the challenge of creating more sustainable yachts. This shift is not just a trend; it is a necessary evolution driven by the urgent need to protect our oceans and reduce our carbon footprint.

**Innovating for a Greener Future**  
The call for sustainability in yachting is being answered through innovative technologies and practices aimed at drastically reducing emissions or achieving carbon neutrality. Yacht builders are investing heavily in research and development to create vessels that are not only luxurious but also environmentally friendly.

One of the most promising advancements is the use of alternative fuels such as green methanol. Unlike traditional fossil fuels, green methanol is produced utilizing renewable sources, such as biomass or photovoltaic energy, and in its manufacturing process, carbon dioxide is captured from the atmosphere, making it a truly “net zero” option. This shift to alternative fuels represents a significant step toward carbon neutrality, offering a viable path for yacht builders with a medium to long-term vision.

Innovation at the Core of Yachting’s Future
In combination with alternative fuels, other technologies are contributing to the industry’s sustainability goals. Hybrid propulsion systems, combining traditional engines with electric motors, are becoming increasingly common. These systems offer the flexibility to switch to electric power in sensitive marine environments, significantly reducing noise and pollution.

The Path to Carbon Neutrality  
Achieving carbon neutrality involves more than just adopting new fuels and technologies. It requires a holistic approach, integrating sustainable practices throughout the entire lifecycle of a yacht. From design and construction to operation and maintenance, every stage offers opportunities to minimize environmental impact.

Shipyards are exploring sustainable materials for construction. Advanced hull designs are being developed, further improving energy efficiency. Onboard systems are also being optimized for energy conservation, including the use of solar panels and energy-efficient appliances.

A Collaborative Effort
The journey towards a sustainable yachting industry is a collaborative effort that involves not only builders but also yacht owners, regulatory bodies, and the broader maritime community. Owners, increasingly aware of their environmental footprint, are driving demand for greener yachts and supporting initiatives that promote marine conservation.

Monaco is at the forefront of such a movement of people and ideas, with its iconic Yacht Club (YCM) hosting, for the past 11 years, the Monaco Energy Boat Challenge, under the high patronage of its President, Prince Albert. The key objective of this competition is to demonstrate the efficiency of alternative propulsion and hull design innovations, with the ideas and ingenuity of those same young generations who will inherit our planet. Over 50 boats, completely zero-emissions, engineered and built by more than 700 students from 40 universities around the world, such a bright statement of Monaco’s commitment towards the environment and the oceans!

YCM General Secretary Bernard d’Alessandri shares the passion of the students to find answers to environmental issues, making our Principality the catalyst of the future of yachting!

Conclusion
The future of yachting is bright and green. As the industry continues to innovate and embrace sustainable technologies, yacht owners can look forward to enjoying the luxury and freedom of yachting with a clear conscience. By committing to drastic emission reductions and aiming for carbon neutrality, the yachting industry is charting a course towards a more sustainable and responsible future. Together, we can ensure that the pristine beauty of our oceans is preserved for generations to come, all while continuing to enjoy the unparalleled experience that yachting offers.

By Ferruccio Rossi

Contributor

Ferruccio Rossi is the inaugural Chief Executive Officer of the newly established Sanlorenzo Monaco Group, where he leads the company's commercial development across Monaco, France, and Spain. Based in the Principality of Monaco, Rossi oversees operations through Sanlorenzo Monaco SAM, Sanlorenzo Côte d'Azur SAS, and Sanlorenzo Baleari SL, with offices located in Monaco, Cannes, and Palma. In addition to his role at Sanlorenzo, Ferruccio Rossi is a contributing writer and editor for Yachting and Boating for The Monegasque, where he shares his extensive expertise in the yachting industry.