Maryanne Edwards, Conference Co-Organiser, said: “As Africa positions itself as an emerging destination for bluewater cruising and superyacht activity, effective risk management becomes a foundational pillar for sustainable growth and international investment confidence.
She added: “Insurance providers like Pantaenius play a vital role — not only in protecting assets, but in enabling confidence among owners, operators and investors. Their global experience brings credibility, stability and reassurance to a market that is rapidly evolving.”
Against a backdrop of shifting geopolitical dynamics, changing cruising patterns and rising operational costs, yacht owners and operators are placing greater emphasis on strategic route planning, regulatory awareness and comprehensive risk mitigation.
At the same time, Southern Africa is experiencing increased superyacht and cruising activity, creating both opportunity and operational complexity for the wider marine sector.
Reflecting on their continued involvement, Martin Baum, Head of Pantaenius Yacht Insurance, commented: “We are very supportive of what Veda and Maryanne are doing for the industry, and it is our pleasure to be involved. I had the opportunity to attend the inaugural conference last year as a presenter and was extremely impressed — not only by the highly relevant content and the strong cross-section of industry stakeholders in the room, but also by the organisation, which was second to none.
He continued: ““Events like this are essential in bringing together the right voices to address both opportunities and risks, and we are pleased to support discussions around foreign-flagged vessels, bluewater cruising and the superyacht sector.”