The USSA Superyacht Summit 2021 Program Book

T U E S D A Y , MA RC H2 3 , 2 0 2 1 T HEB E N , WE S TP A L MB E A C H|V I RT U A L L YWO RL D WI D E

T H A N K Y O U S P O N S O R S P L A T I N U M :

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A g e n d a WELCOME:USSAPr e s i de nt ,Ki t t yMc Gowa n SOCI ALMEDI ACHECKI N PLEDGEOFALLEGI ANCE:Ri c kGl a dy c h,USSAPa s tCha i r I NTRODUCTI ONOFSPECI ALGUESTS WELCOMEF ROMUSSACHAI R:Ka t ePe a r s on,Sa f eHa r borMa r i na s OPENI NGCOMMENTS:USSAPr e s i de nt ,Ki t t yMc Gowa n PLATI NUMSPONSOR:La nc eAdr i a n,Wi deEf f e c tTa l e ntSol ut i ons VI DEOBREAK I NTRODUCTI ONOFPANELI STS:Di a neBy r ne ,Me ga y a c ht Ne ws USSAVi c eCha i r&Supe r y a c htSummi tCha i r PANELDI SCUSSI ON: MODERATOR:Mi c ha e l Re a r don,Re a r donYa c htCons ul t i ng PANELI STS: Ca r l Al l e n,M/ YGi gi BobbyGe nov e s e ,M/ YBGCha r a de Br i a nSc hmi t t ,M/ YH2 J ohnSt a l uppi ,M/ YQua nt umofSol a c e Q&A CLOSI NGCOMMENTS:USSAPr e s i de ntKi t t yMc Gowa n

O wn e r ’ s P a n e l : S t r a i g h t T a l k wi t h S u p e r y a c h t O wn e r s & n a v i g a t i n g t h e N e wN o r m a l o f Y a c h t i n g .

Mi c h a e l i st h es e c o n do l d e s t a n dc o me sf r o maf a mi l yo f s e v e nk i d s .Hi sf i r s t me mo r i e so f wh a t h o o k e dh i mo nwo r k i n ga r o u n db o a t swa sg r o wi n gu pi nRo c h e s t e r , NYs a i l i n go nL a k eOn t a r i oo na no l dwo o d e nc a t a ma r a n .I t wa so f t e naf a mi l yo u t i n g .

Da dwa sc a p t a i n , mo mt wi t c h e da t h i sc o mma n d s , a n dt h el i t t l ek i d st r i e dt oh e l p .

Wh o e v e rt h eb a b ywa sa t t h et i mewo u l dn a po nd e c k , n e s t l e di nas a i l b a g .T h ed i e wa sc a s t e a r l y ; a n yj o bo t h e rt h a nab o a t b u mwa sd e s t i n e df o rf a i l u r e .T a l l s h i p sa n d b o a t b u i l d i n gb e c a met h en e x t p a s s i o n s .S u mme rc r u i s e so nS e aS c o u t , al i t t l ewo o d e n f o r e ma s t s c h o o n e r , a n dt h eC o a s t Gu a r dA c a d e my ’ sb e l o v e dE a g l ec o v e r e dt h et a l l s h i p o u t i n g s .B o a t b u i l d i n gs t a r t e da t a g e1 3 , wi t hP o p u l a rMe c h a n i c sp l a n s , t wop l y wo o d s h e e t s , a n dag a r a g ec o v e r e di nf i b e r g l a s sd u s t , r e s u l t i n gi nas ma l l h y d r o p l a n et h a t e n t e r t a i n e df o raf e wy e a r s .T h a t e v e n t u a l l yl e dt omo l dma k i n ga n db u i l d i n gl a r g e a l u mi n u my a c h t swi t hB r o wa r dMa r i n ei nt h e’ 8 0 s .T h et r a n s i t i o nt oc a p t a i nwa s a l wa y st h ed e s i r e .Hes k i p p e r e daf e wo f t h o s eB r o wa r d sb a c kwh e nB r o wa r db u i l t mo r el a r g ey a c h t st h a na n yb o a t b u i l d e ri nt h ewo r l d , a n dal a r g ey a c h t wa s1 0 0 ’ o rs o .

Ab r i d ea n db a b i e swo u l db r i n gh i ma s h o r et op i v o t t h ej o u r n e yi n t oy a c h t ma n a g e me n t .

A f t e r2 0y e a r so f l e a d i n gy a c h t ma n a g e me n t t e a ms , Re a r d o nv e n t u r e do u t o nh i so wn i n2 0 1 5 .Re a r d o nY a c h t C o n s u l t i n ge n j o y ss e r v i n gi t sc l i e n t sa n dp l a y sas ma l l p a r t i n p a r t i c i p a t i n gi nt h ey a c h t i n gc o mmu n i t y .On eo f h i sg r e a t e s t j o y si ss t i l l g o i n gh o met o Ro c h e s t e rd u r i n gt h es u mme r , h a n g i n go u t o nt h eb e a c h , a n dg o i n go u t f o ral o v e l yd a y o nt h ewa t e r

C a r l A .

A l l e n , M/ YG i g i Mr .

A l l e nwa sb o r ni nRo c h e s t e r , NY , a n dr e c e i v e dad e g r e ei nB u s i n e s sf r o mV i l l a n o v a Un i v e r s i t y .A f t e rc o l l e g e , Mr .

A l l e nb e g a nwo r k i n gf o rHe r i t a g eB a gC o mp a n yi na p r o d u c t i o nc a p a c i t y .

T h r o u g h o u t h i sc a r e e rh ewo r k e di nn e a r l ye v e r yd e p a r t me n t wi t h i n t h ec o mp a n y , e v e n t u a l l yb e c o mi n gP r e s i d e n t / C E O. I n 2 0 0 5 , Mr .

A l l e na c q u i r e dHe r i t a g eB a gC o mp a n y .I n2 0 1 8Mr .

A l l e np u r c h a s e dWa l k e r ’ s C a yi nT h eB a h a ma sa n di sr e d e v e l o p i n gt h el e g e n d a r yi s l a n da sap r e mi e rf i s h i n g d e s t i n a t i o ni nt h en o r t h e r nA b a c o s .Mr .

A l l e ni sv e r ya c t i v ei nav a r i e t yo f p h i l a n t h r o p i c p r o j e c t si n c l u d i n ge d u c a t i o n , e c o l o g y , c o n s e r v a t i o n , v e t e r a n s ’ a f f a i r s , a n dh e a t hr e s e a r c h .

Mr .

A l l e nme t h i swi f eA n n e“ Gi g i ”a t V i l l a n o v a .

T h e yh a v eo n ed a u g h t e r , t h r e es o n s , a n d t wog r a n d c h i l d r e n .

B o b b yG e n o v e s e , M/ YB GC h a r a d e B o b b yGe n o v e s ei st h ef o u n d e ro f B GC a p i t a l Gr o u pL i mi t e da n dB GC a p i t a l Ma n a g e me n t C o r p o r a t i o n , b o t hb a s e di nT h eB a h a ma s , wi t ha s s o c i a t ema n a g e me n t o f f i c e si nB a r b a d o s a n dF o r t L a u d e r d a l e .

I n2 0 1 3 , B o b b yl a u n c h e dB GS i g n a t u r e , ag l o b a l p o r t f o l i oo f p r i v a t e r e t r e a t st h a t i n c l u d e sB GOc a l aRa n c hi nOc a l a , F l o r i d a , a n8 5 a c r e , wo r l d c l a s se q u e s t r i a n c e n t e r .

B o b b yh a sal i f e l o n gl o v eo f b o a t s— h i sd i v e r s ec o l l e c t i o ni n c l u d e sMi s sC a n a d a I I I : 1 9 3 9 ; Mi s sC a n a d aI V : 1 9 5 0 ; T h eRa mb l e r : 1 9 0 3 ; a n dB GC h a r a d e , ac l a s s i c1 5 4 f o o t F e a d s h i pf o r me r l yo wn e db yMi c r o s o f t c o f o u n d e r , P a u l A l l e n , wh i c hB o b b yp u r c h a s e di n 2 0 1 5a n dr e c e n t l yr e f i t .

B r i a nS c h mi t t , M/ YH2 A sal i f e l o n gr e s i d e n t o f t h eF l o r i d aK e y sa n dg r o wi n gu po nt h ewa t e rt h r o u g ht h e1 9 5 0 ’ s a n d6 0 ’ s , b o a t i n gh a sa l wa y sb e e nac e n t r a l p a r t o f B r i a n ’ sl i f e .

Hewa si n t r o d u c e dt o l a r g e rs a i l i n gv e s s e l swh e nh es p e n t t h r e es u mme r si nt h el a t e1 9 6 0 ’ swi t hA r t K a d e yo f K a d e y / K r o g e no nt h e7 0 ’ wo o d e nB a h a mi a nB u i l t s a i l b o a t “ P i n o c c h i o ”i nt h eE x u ma ’ s .He a t t e n d e dg r a d u a t es c h o o l a t F A Ui nt h el a t e1 9 7 0 ’ sa n dme t h i swi f eDD. T h e yl a t e rme t F e l i xHe r r i no f C a t ma nC a t s , a t t h eA n n a p o l i sB o a t s h o wi n2 0 0 1a n dc o mmi s s i o n e d mu l t i h u l l d e s i g n e rp i o n e e r , J o h nMa r p l e s , t owo r kwi t hF e l i xt ob u i l da5 7 ’ x2 5 ’ p o we r c a t t h a t t h e yt o o kd e l i v e r yo f i n2 0 0 3 .

Hi p p o c a mp u swa se v e r y t h i n gt h ec o u p l ewa n t e di na b o a t b u t s o o nl o o k e df o ral a r g e rb o a t t h a t c o u l de x p a n dt h e i rt r a v e l a n dd i v eh o r i z o n sa n d o n c ea g a i np r e v a i l e do nF e l i xa n dJ o h nt od e s i g nHi p p o c a mp u sI I , a na l u mi n u mp o we r c a t me a s u r i n g1 1 0 ’ x3 5 ’ wi t ha5 ’ d r a f t , 1 2 , 5 0 0g a l so f f u e l a n da2 0 +k n o t s p e e dk n o wna s H2t h a t wi l l b ec o mp l e t e dl a t e rt h i sy e a r .

H2wi l l c a r r yo u r2 6 ’ C a l c u t t aC a t , 1 7 ’ t wi nV c a t , Ro b i n s o nR4 4He l i c o p t e r , 4 wh e e l d r i v eE p i cc a ra n dNe moS u b ma r i n e .

I t wi l l h a v ea f u l l d i v el o c k e r , 3g u e s t s t a t e r o o ms , l a r g ec r e ws p a c e sa n dHe l i d e c k .

F o rmo r ed e t a i l st h e s t o r yo f H2i sb e i n gp u b l i s h e di nt h eA p r i l P o we ra n dMo t o r y a c h t .

J o h nS t a l u p p i , M/ YQ u a n t u mo f S o l a c e

J o h nS t a l u p p i i st h ee p i t o meo f t h eA me r i c a nDr e a m: as t r a i g h t t a l k i n gI t a l i a n A me r i c a n , d e d i c a t e dp h i l a n t h r o p i s t , a u t oa f i c i o n a d o , y a c h t i n ga n ds p e e de n t h u s i a s t wi t haf e r v e n t wo r ke t h i c .

He ’ sa ni c o ns t e e p e di np a s s i o n : f o re x c i t e me n t , s p e e da n df o rt h eu l t i ma t ei n b i gb o y st o y s .Hei sat r u ep r o f e s s i o n a l wh oc a mef r o mn o t h i n gt ob u i l dh i so wn mu l t i mi l l i o nd o l l a rb u s i n e s si nt h ea u t o mo t i v ea n dy a c h t i n gi n d u s t r i e sf r o mt h eg r o u n du p .

Heh a sc r e a t e ds o meo f t h ewo r l d ’ smo s t i c o n i cs u p e r y a c h t se v e rb u i l t —p r i ma r i l ywi t ht h e B o n dmo v i e i n s p i r e dn a me sb e c a u s eo f t h ed e f i n i n gc h a r a c t e r i s t i c so f S t a l u p p i ’ sf l e e t a n d t h ec o n c e p t t h a t t h e ys e e me dt oma t c h : t h e‘ c r a z yg a d g e t s , p l a n e s , c a r sa n dh i g h s p e e d b o a t st h a t a r eh i g h l i g h t e di nt h ef i l ms .

T h e ya l s os y mb o l i z el u x u r y , r e f i n e me n t , e x c i t e me n t , d a n g e ra n dg l a mo u r —t h ee p i t o meo f a l l o f h i sy a c h t s . “ I e n j o yt h eb u i l d .

I a l wa y swa n t t o c r e a t es o me t h i n gd i f f e r e n t a n ds p e c i a l . ”A f t e re n j o y i n gt h ewo r l d r e n o wn e ds p e e dr e c o r d h o l d i n g , M/ YOc t o p u s s yf o rmo r et h a nay e a ra n dah a l f , S t a l u p p i t r a n s i t i o n e df r o m b u i l d i n gb o a t sf o rah o b b yi n t oamo r ec o mme r c i a l o u t l o o k .M/ YMo o n r a k e rwa sa d i f f e r e n t b o a t f o ra n o t h e rr e a s o n . “ I d e c i d e dt og e t i n t ot h eb o a t b u i l d i n gb u s i n e s s , b e c a u s e wewe r ef a mi l i a rwi t hi t o nt h eh i g h s p e e de n d .

I n1 9 9 8h ef o r ma l l yl a u n c h e dMi l l e n n i u m S u p e rY a c h t sa n dh eb e l i e v e dt h a t t h ema r i n ei n d u s t r yh a sp l e n t yi t c o u l dl e a r nf r o mt h e c a rr e t a i l t r a d e .A f t e rb u i l d i n ga n do wn i n gd o z e n so f y a c h t so v e rt h ey e a r s , h en e v e r s e e mst ot i r eo f t h ec h a l l e n g et ob u i l ds o me t h i n gs p e c i a l .

T h eb u s i n e s so c c u p i e sal o t o f S t a l u p p i ’ sa t t e n t i o n : ‘ Y o uh a v et ob eh a n d s o nt oma k ei t wo r kp r o p e r l y . ’

U .

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S u p e r y a c htA s s o c a t i o n U S S Ai nt h eN e wN O r ma lWo r l d

T h eUSSAh a sb e e nc h a r t i n gan e wc o u r s et op r o v i d ea d d i t i o n a l ROIa n dme mb e r s h i pb e n e f i t sa sweh a v es h i f t e da wa y f r o mh o s t i n gi n p e r s o ne v e n t sd u et oCOVI D1 9r e s t r i c t i o n st h r o u g h o u t2 0 2 0 .

T h ea s s o c i a t i o nh a sl a u n c h e dma n yn e w p r o g r a mso v e rt h ey e a ra n dwewi l l c o n t i n u et op r o v i d eas t r o n g e rf o c u so ne d u c a t i o na n dma r k e t i n go p p o r t u n i t i e s .

We a r ea l s oe x c i t e dt oh a v ea d d e dma n ya d d i t i o n a l me mb e r o n l yb e n e f i t sr a n g i n gf r o mg r o u ph e a l t hp l a n s , ma r k e t i n g i n i t i a t i v e sa n dOSHAt r a i n i n ga n de d u c a t i o n a l p r o g r a ms .

Wi t hmo r et h a n3 3 5me mb e r si n2 4s t a t e sa n d2 5c o u n t r i e s , me mb e r s h i pi st h el i f e b l o o do ft h eU. S. Su p e r y a c h t As s o c i a t i o na n dwewa n tt oma k es u r et h a to u rme mb e r sa r ea wa r eo fa l l t h en e wp r o g r a msa n db e n e f i t swen o wh a v e t oo f f e r .

Si n c et h ema j o r i t yo fo u rme mb e r sa r es ma l l b u s i n e s s e s , weh a v ef o c u s e dma n yo fo u rp r o g r a mst oa s s i s tt h e i r b u s i n e s s e sa n dp r o v i d ev a l u et oh e l pt h e mg r o w.

Wec o n t i n u et owo r kt ob eT HEv o i c ei nt h es u p e r y a c h ti n d u s t r ya c r o s st h eU. S. a n dt h ewo r l da swes u p p o r tma r i n e b u s i n e s s e sa n dh e l pr a i s et h ea wa r e n e s so ft h ei mp o r t a n c eo ft h eUn i t e dSt a t e sa sad e s t i n a t i o nf o ry a c h tr e p a i r , r e f i t , b u i l d , s e r v i c ea n dc r u i s i n g .

T h ef o l l o wi n gi sar e c a po ft h ema n yp r o g r a mst h a twei n i t i a t e di n2 0 2 0a n dwi l l c o n t i n u et oo f f e rt h r o u g h o u tt h ec o mi n g y e a r s .

I n d i v i d u a l l ySt r o n g–T o g e t h e raPo we r f u l F o r c e !

OSHA1 0Ma r i t i me Co v i d 1 9Awa r e n e s sT r a i n i n g Ha z wo p p e rHa z a r d o u sMa t e r i a l sT r a i n n g

U S S AA d v o c a c yi nA c t i o n T h eUSSu p e r y a c h tAs s o c i a t i o n( USSA)i san o n p r o f i tt r a d ea s s o c i a t i o nwh o s emi s s i o ni st o“ Pr o mo t ea n ds u p p o r tt h e U. S. Su p e r y a c h ti n d u s t r ya n di t sme mb e r swo r l d wi d et h r o u g ha d v o c a c y , ma r k e t i n ga n de d u c a t i o n .

T h eUSSAwa s f o r me di n2 0 0 6i nd i r e c tr e s p o n s et ot h el a c ko fau n i f i e dv o i c ei nt h eUn i t e dSt a t e st os p e a kt ot h eu n i q u en e e d so ft h e l a r g ey a c h ts e g me n to ft h ema r i n ei n d u s t r y .Si n c ei t si n c e p t i o n , t h eUSSAh a sg r o wnt oa no r g a n i z a t i o nr e p r e s e n t i n g h u n d r e d so fme mb e rb u s i n e s s e si nav a r i e t yo fs e c t o r si nmo r et h a n2 4s t a t e sa n d2 5c o u n t r i e s .Ov e rt h ey e a r st h e r e h a v eb e e nma n ys u c c e s s e s , i n c l u d i n gt h ep a s s a g eo ft h el e g i s l a t i o nc r e a t i n gt h eUSF l a gr e g i s t r yf o ry a c h t so v e r5 0 0g t .

T h i sp a s ty e a rh a sp r e s e n t e das i g n i f i c a n tc h a l l e n g et ot h a tmi s s i o n …b u tt h r o u g ht h ec o n t i n u i n ge f f o r t so ft h es t a f f , b o a r da n dme mb e r s h i ps u p p o r t , t h eUSSAh a sb e e na b l et or i s ea b o v et h e s e c h a l l e n g e st op i v o ta n dc o n t i n u et og e tt h es u p e r y a c h ti n d u s t r yv o i c e sh e a r d t h r o u g hmu l t i p l ep a r t n e r s h i p swo r l d wi d ea n dd e l i v e rs u c c e s s e so nma n y f r o n t si n c l u d i n gU. S. e n t r yf o rf o r e i g nc r e w, ma i n t a i n i n ge s s e n t i a l s t a t u s d u r i n gap a n d e mi ca n dmo r e .

Ony o u rb e h a l f …t h eUSSAc o n t i n u e so n !

J o i nT o d a y !

I ndi v i dual l ySt r ong. . .

Toget heraPower f ulFor c e!

T op r o mo t ea n ds u p p o r t t h e U. S .S u p e r y a c h t i n d u s t r ya n di t s me mb e r swo r l d wi d et h r o u g h a d v o c a c y ,ma r k e t i n ga n de d u c a t i o n .

Ne wGr o u pa n dI n d i v i d u a l He a l t h c a r e I n s u r a n c ePl a n s 4 0 1 KPl a n sf o rE mp l o y e e s Sh o r t&L o n gT e r mDi s a b i l i t yPl a n s Pr o mo t i o n a l Di s c o u n t so na d v e r t i s i n go n Su p e r y a c h t r a d i o . c o m Di s c o u n t e da c c e s st op r o f e s s i o n a l v i d e o g r a p h yd e v e l o p me n twi t h “ Be t we e nT woYe t i ’ s ”

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S u p e r y a c h tA s s o c i a t i o n 2 0 2 0 2 0 2 1 B o a r do f D i r e c t o r s

E X E C UT I V EC O MMI T T E E C h a i r : V i c eC h a i r : P a s t C h a i r : A d v o c a c yC o C h a i r s :

K a t eP e a r s o n , S a f eH a r b o r Ma r i n a s D i a n eB y r n e , Me g a y a c h t N e ws R i c kG l a d y c h , Mi d A me r i c a nMa r i n eC o n t r a c t i n g , L L C J a yD a y t o n , A v o n D i x o nI n s u r a n c eA g e n c y C l i v eMc C a r t n e y , D e n i s o nY a c h t S a l e s Ma r k e t i n gC o C h a i r s : B e r t F o wl e s , I G YMa r i n a s J u l i eP e r r y , B o a r d a b l e Me mb e r s h i pC o C h a i r s :Z a c kS a v a g e , U n d e r wa t e r L i g h t s , L t d .

R i c k T h o ma s , N a u t i c a l S t r u c t u r e s G o v e r n a n c e : B o bA l l e n , R o b e r t A l l e nL a w T r e a s u r e r : J o h nF i t z g e r a l d , S a u n d e r s Y a c h t wo r k s

S UP E R Y A C HTS UMMI TC O MMI T T E E C h a i r :D i a n eB y r n e , Me g a y a c h t N e ws V i c t o r i aC a r n i v a l e , Me d a i r e Ma r c G a d b o i s , Ma r i t i meMa n a g e me n t G r o u p J u l i eP e r r y , B o a r d a b l e R i c k T h o ma s , N a u t i c a l S t r u c t u r e s

R E G I O NA LB O A R DME MB E R S S o u t h e a s t : I o n n aH e r n a n d e z , I R I / T h eMa r s h a l l I s l a n d s R e g i s t r y S o u t h we s t : L e a hY a m, Ma r i n eG r o u pB o a t Wo r k s No r t h we s t : Ma r t yMa r c h a n t , We s t p o r t G r e a t L a k e s : J i mR u ff o l o , B u r g e r B o a t C o mp a n y No r t h e a s t : Ma r c G a d b o i s , Ma r i t i meMa n a g e me n t G r o u p Mi d A t l a n t i c : D a nC o we n s , S n a g a S l i p A T L A R G EME MB E R S J i mB e r u l i s , S a v a n n a hY a c h t C e n t e r A u d r e yH o d g d o nH o d g d o nY a c h t s T e dMc C u mb e r F e a d s h i pA me r i c a Me l i s s aO r l i c k , I s o t r o p i c N e t wo r k s Z o r a nS e l a k o v i c h , Y a c h t A i dG l o b a l J BT u r n e r F r o n t S t r e e t S h i p y a r d US S AMA NA G E ME NTT E A MNA UT I C O MC O MMUNI C A T I O NS K i t t yMc G o wa n , P r e s i d e n t J u l i eS a c k