How are yards responding to rising inflation?

The superyacht industry has experienced the strongest period of growth in its history over the last two years, with a bulging order book and record-breaking sales. But inflation is soaring – reaching 9% in the UK in April, a 40-year high; 8.3% in the US and 7.5% in the eurozone – leading to a new set of challenges for the world’s shipyards.