The Palma International Boat Show, which was planned for April 28-May 2, has been canceled for this year, according to a press announcement sent on behalf of the show's organizing committee.

The show will resume in April 2013. 

"The Palma show has always been run by a government department, which is in place to manage several trade and tourism fairs on the island each year,"the announcement stated. "The guiding principles behind the organising committee's remit are to ensure the Palma Boat Show can be economically viable, providing a value platform for exhibitors, and presenting a vibrant informative event for visitors."

The local government of Spain's Balearic Islands want to directly involve senior figures from the local yachting sector.

The organizing committee, which was set up in September, expects to present a new format with superyachts as well as smaller yachts exhibited, chances for young people to learn about the industry, seminars and cheaper tickets, the statement said.

Source: The Triton