The European market for superyachts grew 10 percent a year . After a year of steep declines , sales for new yacht constructions are picking up . the Monaco Yacht Show is fully-booked a year , showing renewed interest . The annual end-of-summer yachting industry and yacht owners ' conference is fully booked this week . Hermes teams up with Wally to build $ 145 million ultra luxury yacht .
The European market for superyachts grew 10 percent a year . After a year of steep declines , sales for new yacht constructions are picking up . the Monaco Yacht Show is fully-booked a year , showing renewed interest . Hermes teams up with Wally to build $ 145 million ultra luxury yacht .