South Florida seeks to attract megayachts

South Florida is losing ground as the world’s megayacht capital, and leaders now are trying to get out the word that the area wants more of the lucrative business.

Fort Lauderdale Mayor Jim Naugle, U.S. border officials and a team of marine leaders meet today in St. Maarten in the Caribbean with megayacht heavyweights to discuss concerns and let them know South Florida is working to meet their needs.