Since 1977 the Yachting Festival has been held every year in September, at the bay of Cannes. The first appointment of the nautical season, it brings together yachting enthusiasts from all over the world, for a preview of the latest new developments in the field. The Vieux Port, one of the oldest on the French Riviera, hosts prestigious creations every year, presented by the leading international shipyards. Port Canto, on the other hand, is the space for large second-hand yachts, sailboats and toys. The Luxury Gallery focuses on prestige, craftsmanship and the art de vivre, inside the Palais des Festivals.