With increasing pressure on governments to raise revenue, ever-changing rules, and differences in tax regulations for (especially) alcohol in relation to other products, Riviera Yacht Support clarifies some fundamental rules regarding the delivery of tax free goods to yachts in the EU. To purchase goods, including alcohol and provisions, tax free, the local Customs Office needs to be satisfied that the goods are to be exported, and consumed outside the EU. Read More
The Cyprus VAT Service has launched new guidelines on VAT payments applicable under the Yacht Leasing Scheme. As a result, effective VAT rates can be reduced to as little as 3.4% of the initial value of a yacht - less than the equivalent in other favoured jurisdictions, including Malta. Under the Scheme, a Cypriot company can purchase a pleasure yacht and enter into a lease-sale agreement for the yacht with a third-party lessee. Read More
The team at Dominion Marine Technical Services (DMTS) has recently grown in accordance with demand. Chris Allix, director and founder of Dominion Marine Corporate Services told us why: “As it is a requirement in the UK MCA Large Commercial Yacht Code (LY2) that all commercial yachts, over 24m and under 500GT have an effective Mini-ISM system on board...Read More
Sardinia Yacht Services (SYS), part of the Luise Group and Associate Partner of BWA Yachting, has announced that after arduous and challenging negotiations carried out on behalf of their clients, that they have been successful in obtaining reimbursements to the Sardinia “luxury tax” as it was more informally known (regional law N. 4/2006) which were charged to superyachts in 2006, 2007 and 2008. Read More
During the recent MYBA yacht show in Genova, Italy, a non EU yacht was boarded by Italian Customs, suspecting it to be there under temporary admission. After three days of scrutinising documents and asking questions, the customs authorities were happy that it had been formally imported and was free to circulate in EU waters. Read More
Groundbreaking recognition from Lloyds Register for Ocean Management’s Green Passport initiative, implemented on the new Amels 212. She will become the first superyacht in the world to be awarded a Green Passport by Lloyds Register. The initiative for putting the yacht forward for the Green Passport came from Ocean Management. Read More
Affinity Management Services Limited has announced the appointment in March this year of Andrew Morgan to the Board of Directors. Andrew has been with the company since 2008 and previously held the position of Yacht & Aircraft Manager. Read More
After the approval of the Senato della Repubblica, the House of Representatives voted the "Decreto Liberalizzazioni" which includes the Grillo and Cutrufo amendment for yachting. This amendment stipulates that the berthing tax will only be applied to Italian citizens who possess a vessel, regardless of whether it is kept in Italy, or overseas, even if it has a foreign flag. Read More
Ciro Petrucci of Fraser Yachts, and Parisi Broker have been appointed as the co-central agents for the sale of the 28.8 metre converted tugboat D.P. Monitor, built by Benetti in the fifties. D.P. Monitor is listed at € 1,900,000. We spoke with the yacht's owner, who explains the history of the vessel, and his reasons to offer her for sale. Read More
Fulvio Luise, President of Federagenti Yacht (Italian Ship Agents) Division, expressed satisfaction today at the passing of the Grillo and Cutrufo amendment to the Italian berth tax legislation passed in late December 2011 which was to go into effect May 1st 2012. The amendment stipulates that the berthing tax will only be applied to Italian citizens who possess a vessel even if it has a foreign flag. Read More
BWA Yachting informs us they have learned that in Italy today, an amendment was passed that modifies the recent “Berthing Tax” law that have had many in our industry worried. It is understood that only Italian flagged vessels will be required to pay this tax and therefore all non-Italian flagged vessels will be exempt. Read More
At the end of last year I was invited by The Superyacht Group to attend the Global Superyacht Forum in Amsterdam, The Netherlands. One of the most interesting sessions was the Armchair Interview, where Martin Redmayne, Chairman of The Superyacht Group, spoke with Bart Bouwhuis of Vripack and superyacht owner Sietse Koopmans. Read More
Only recently Dutch yacht industry veterans Duncan Schaaf and Arne Feenstra launched a new management and consultancy company in Amsterdam, The Netherlands, Dutch Maritime Partners (DMP). They now proudly announce that they have been awarded the contract to manage the 62-metre superyacht Icon, launched by the Icon shipyard in Holland. Read More
A new Italian yacht tax was signed into law on December 22, 2011 and will go into effect on May 1, 2012. Federagenti, the Italian organization which represents over 50 companies involved in the mega yacht industry, as yacht agents and service providers, is aggressively advocating for an immediate review of the law along with various prominent yachting associations who together represent all aspects of the yachting industry in Italy. Read More
On Monday 5 December 2011, Regs4ships Limited Senior Surveyor Mark Robinson and Surveyor Robert Aldous were officially appointed as government ship surveyors for Transport Malta. Now officially recognised, Mark and Rob can conduct flag‐in surveys as well as perform flag state inspections and annual surveys for all Maltese registered vessels, regardless of size. Read More
Demler Marine Projects GmbH started already in 2006 as Philip Demler Yacht Consulting. After five years of an exclusive cooperation with another project management firm, the company has now been rebranded and continues to provide professional project management and owner‘s representation for ambitious yacht projects. Read More
The month of October presented a double milestone for the International Yacht Bureau (IYB) as it celebrated its 5th anniversary and welcomed the 450th yacht into its Register of Yachts; Penny Mae. Built to ABS class in 2004 by Richmond Yachts, the 44 metre motor yacht completed the required surveys and plan review for certification. Read More
The Shipowners’ Club, the mutual P&I insurer specialising in small and specialist vessels has appointed David Heaselden to the new post of Loss Prevention Director, with immediate effect. The post, which is an appointment to the Shipowners’ Protection Limited Board reflects the importance Shipowners’ Club accords to loss prevention advice provided to its Members. Read More
The new European VAT Directive (VAT Package for B2B, since 01/01/2010) regarding luxury yachts and charter activities is creating a lot of added worries and red tape. In concrete terms, the new European VAT Directive means that, in the case of private use, VAT must be paid in the country from which the luxury yacht leaves. A large number of EU countries are imposing strict checks on the payment of VAT when luxury yachts are used for private purposes. Read More
Dutch yacht industry veterans Duncan Schaaf and Arne Feenstra have just launched a new management and consultancy company in Amsterdam, The Netherlands, Dutch Maritime Partners. Both Duncan and Arne have been involved in the yachting industry for more than 10 years, working at shipyards, overseeing yacht refits. Read More
Ayuk Ntuiabane, director of Moore Stephens Yachting will present the firms views on current VAT issues relating to superyachts and their owners at the 4th Annual Superyacht Finance Forum on Tuesday 20th September, the eve of the 21st Monaco Yacht Show. Hosted by Marine Money International the forum has become a “must attend”. Read More
One of the hot topics in the superyacht industry is the ILO Maritime Labour Convention 2006 (MLC) and how it will affect builders, owners, managers and crew. The Isle of Man’s Ship Registry is at the forefront of the industry in the implementation and interpretation of the MLC. The work that the registry is doing is of immense practical benefit to all those involved in superyachts. Read More
The Shipowners’ Club, one of the few P&I Clubs to offer specialist yacht insurance, has taken a new approach to yacht liability, offering an All-Risk policy that seeks to de-mystify aspects of the traditional wording contained in typical P&I insurance Rules and making the conditions understandable to non-specialist yachtsmen and brokers.
Ardel Trust has been recognised by a leading title within the private client arena, Private Client Practitioner (PCP), in its recent rankings. The Top 25 Trust Companies rankings are based on information provided by firms as well as published data and PAM Insight’s market knowledge. Gary Le Cras, head of the marine services will be representing Ardel Trust at the 2011 Monaco Yacht Show. Read More
Growth in demand for its liability insurance cover for small and specialist vessels of all types is cited as a major imperative behind Shipowners’ moves to expand its team of underwriters and claims handlers at its Singapore branch. Improved customer service to Members and their brokers based on local, time zone based expertise is another goal of the expansion. Read More
As part of its on-going drive to increase both customer focus and operational efficiency, the Shipowners’ Club, which specialises in the provision of P&I insurance cover for small and specialist vessels worldwide, has restructured the key departmental functions at its London branch. Read More
Peter Wilson and Nigel Wilson, founding partners of MCM, who have been attending the Monaco Yacht Show since year one, announce that MCM will be exhibiting this year in the cool of the air-conditioned Parvis Piscine on stand QP58. Michael Tyrwhitt-Drake and Mark Dauplaise of the Yacht Management team will also be in attendance. Read More
Much has been written about the Maritime Labour Convention (“MLC”) for the past year when the Yachting industry started to raise concerns about the impact of the convention on yachting. The Convention is due to come into force in the coming year or so and yacht owners are extremely concerned that this will restrain their yachting experience. Unfortunately, as it stands the yachting industry will suffer some impact from the convention. Read More
Floating Life International, a Swiss group specialised in the management, charter, sales and fractional ownership of superyachts, has a new base in Turkey for regional development. After opening their office in Shanghai in 2006 and in Monaco in 2010, Floating Life has landed at Marmaris. The Marmaris Yacht Marina will be the central base. Read More
Following the well publicised 'Hoot for Yachting' protest orchestrated by all the yachting and water sports associations in The Balearics, the industry has been given a boost by the results of the Spanish regional elections, which took place on Sunday the 22nd May. The centre right Partido Popular, (PP) won a resounding victory in the islands taking control of every level of local government and ousting the fragile coalition of leftist, green and nationalist parties that have held power for four years. Read More
Sea-Alliance Group (SAG), the international maritime business, is undergoing significant growth and is now extending its offering to include Crew Recruitment as one of its many professional services.The company, which provides services in yacht sales and purchase, new construction and technical management, yacht management, charters, marina management and marine projects, has added this new service as it expands the scope of its management solutions in reaction to demand from its growing customer base. Read More
Pantaenius has announced the release of a new All Risk insurance product for Superyachts valued at over 5 Million Euros (€5m). Pantaenius has a proven and well deserved reputation for innovation in the field of marine insurance and has released a new All Risk policy for Superyachts. The new policy has been designed in-house drawing on over 35 years of experience in this specialist market sector. Read More
At the Palma International Boat Show in Mallorca, the planned protest by all sectors of the Spanish and Balearic yachting / water sports industry reached a momentous level of volume at exactly 12:00 noon, on each day over the May bank holiday weekend. Professional captains were all really keen to join the the matriculation tax protest. Read More
A group of yachtsmen and nautical business owners, together with private and professional boat captains including recreational sea fisherman, are determined to express their disappointment with the local and national authorities in Spain and The Balearic Islands in regards to the matriculation tax, in a passionate and very practical way. Read More
Vistra Group today announced the appointment of Marina Gall as its new Director of Marine and Aviation Division. Vistra’s Jersey based Marine and Aviation division offers clients a wide spectrum of services covering the acquisition, ownership and operation of luxury yachts and private aircraft. Marina comes from an accounting background, having spent over 10 years with UK accountants Dodd and Co. Read More
Moore Stephens Crew Benefits Limited ("MSCB"), a source for niche financial products specifically for Superyacht crew, has announced today that Graham McNamee has been appointed as sales manager in the Riviera. He will be based in Antibes. Graham stated: "With yachts returning to the Med for the season it’s the perfect time to be there". Read More
SuperYacht Accounting Services LTD is a yacht specific, bespoke book-keeping support and solutions company, which helps ensure the superyacht captain is informed with prompt, comprehensive, real-time, on-time, financial information & reports. Read More
This year will mark a milestone for the Proteksan Turquoise shipyard with no less than three yacht deliveries planned in the first three quarters. First to enter the water is Turquoise, a repeat order from the original owner, who comments: “In 1993 I was introduced to new build project taking shape in Turkey." Read More
Ocean Management, the yacht management arm of Ocean Independence, is pleased to announce the appointment of Piers Flood as a Yacht Manager based at Ocean Management head office in Uster, Switzerland. Oxford born Piers originally qualified as a land based engineer and cut his teeth as a project manager on high value engineering projects before fulfilling his ambition to work at sea as an engineer. Read More
Having successfully launched six new Superyachts in 2010, acting on behalf of the owners, MCM reports that its Yacht Management Division is expanding as more owners look for efficiency. MCM now manages 20+ yachts, both power and sail. As demand has increased and the portfolio expanded, MCM has recruited new staff. Read More
Following an internal reorganisation, the Barclays Corporate Jets & Superyachts (CJ&S) team now forms part of Barclays Wealth, a leading global wealth management firm, having previously been run as part of the Barclays Corporate business. Read More
Equisea successfully presented its “SeaVision Platform” at the Monaco Yacht Show 2010: a groundbreaking combination of online software with dedicated terminals for manager, captain and owner to globally and efficiently manage yachts. Over the last years, Equisea has been busy developing SeaVision Platform. Read More
The Isle of Man’s Ship Register has been named one of the best registers in the world after emerging with no potential negative performance indicators in the 2010 Shipping Industry Flag State Performance Table, an annual exercise undertaken by leading shipowner groupings on the basis of 19 objective criteria. Read More
Marine Technical Design (MTD) provides design, technical services and project management to the luxury and mega-yacht industries. Over the years the company has been involved with some of the world’s most prestigious newbuilds and classic yacht refits. MTD is headed by Alastair Bingham, a chartered naval architect. Read More
Pelagos Group was established by Brian Cromer, a former project manager at Delta Marine in Seattle and Derecktor Shipyards in Connecticut. Brian Cromer brings a combined experience of twenty years as a professional mariner and ten years as a project manager at two premier US shipyards (Delta Marine and Derecktor) to the yacht owner's side of the table. Read More
In 2004 the German Lürssen shipyard launched one of the largest superyachts in the world, the 138 metre Jon Bannenberg designed Rising Sun. She was commissioned by well known yachtsman Larry Ellison and around 4 years ago David Geffen joined Larry Ellison as co-owner of Rising Sun. Read More
Mr Stephen Brew has joined the board of yacht management company I-Cap Marine Ltd. I-Cap Marine provides a wide range of management services primarily to owners of superyachts, including registration, provision of representative person, project management, crewing and payroll solutions, accounting and VAT work. Read More
Superyacht owner Eddie Jordan set to join the Oyster fleet with an Oyster 655. David Tydeman, Oyster CEO, said: "I'm delighted that Eddie is joining the Oyster fleet through his family trust's purchase of an Oyster 655. I'm sure he'll have a great time sailing the Oyster 655, which combines sparkling performance with great comfort." Read More
Sturge Taylor & Associates Limited, yacht insurance specialists, have subscribed for the benefit of its clients to the Security Advice and Remote Assistance services provided by red24, Global Security Specialists. Read More
The idea of living at sea for a year and exploring the Mediterranean and Caribbean had been our dream for some time. Leaving our home comforts and setting off for an adventure like this was alluring, invigorating and terrifying all at the same time! Our adventure began on a relatively chilly day in April 2009. Read More
In today’s market, finance is not easily available. The biggest ship finance bank, HSH Nordbank, even announced early September that, given the market outlook, it will not finance any new acquisitions of ships. In the yachting market the situation is not much different. Banks are very reluctant to lend money. Read More
In response to growing demand from its clients, Jersey Trust Company (JTC), one of the Channel Islands leading independent financial services firms, has formalised its specialist marine and aviation services offering. Read More
Spencer Lloyd has joined Frank Crystal & Company as the national Yacht Practice Leader within the company’s Private Client Services unit. Lloyd, who is based in South Florida, is responsible for the brokerage, placement and servicing of insurance for a broad array of luxury watercraft on behalf of Frank Crystal’s clients across the globe. Read More
Royale Oceanic has announced the opening of their new ground floor office in Monaco situated in an attractive building conveniently close to the harbour. Initially manned by senior Royale Oceanic staff, the new office opening coincides with the forthcoming Monaco Yacht Show in September. Read More
Hill Robinson announces the strengthening of its key departments to reinforce their position as the leading independent yacht management company. New personnel have been recruited in the Antibes office to offer additional support to the Technical Departments; Charter Management Department; Crew Administration and Operational Support. Read More
Against the background of wide global press coverage regarding fiscal / tax problems for boat owners and charterers in the Balearics just recently, the leading charter management companies on the islands which are amalgamated under the Balearic Nautical Business Association (AENB) have issued the following information. Read More
Following on from the successful handover of the 58.4-metre Dubois designed sloop, Kokomo, currently in Tahiti – MCM has five superyachts either launched - or very close to the slipways. The first is Lady B, a high-performance Dubois 44.7-metre cruising sloop, with a graceful low-profile, and a Rhoades Young interior. Read More
Fraser Yachts / Yacht Services Division is has announced that they have been awarded the renewal of the yacht management contracts for M/Y Octopus, M/Y Tatoosh and M/Y Meduse. In addition to this news, Stuart Larsen of Fraser Yachts has been appointed as the owner’s central agent for the sale of M/Y Tatoosh. Read More
One of the most well known superyacht financing companies, Ciris Capital, has just released information on their latest service; Yachtnote, seller finance services. In the following article Remco Immink, one of the directors of Ciris Capital, explains more about this new service. Seller finance is when the seller of a yacht allows the buyer to pay back part of the purchase price over time. Read More
In what amounts to a major victory for Florida’s struggling marine industry, a measure limiting the sales-use tax on boat purchases now is poised to become law. Florida Governor Charlie Crist signed the larger Jobs for Florida Bill, CS/SB-1752, which contains the Florida Boat Sales-Use Tax Cap legislation on May 28, 2010. Read More
There is a new name in the yachting industry; Vantage. A new name, but one backed by a tremendous heritage and pedigree. Vantage is the suite of services provided to the super yacht industry by Döhle Private Clients Limited, which is part of one of the world’s largest shipping companies, employing over 3,500 seafarers on over 300 vessels. Read More
As a result of the intensive collaboration activity with Federagenti (The Association of Italian Shipping Agents) on the 18th May 2010, the General Management for Sea Freight Transport of the Ministry of Transport has informed the Italian Harbour Master’s Office in Rome of the new procedure about the Harbour Master’s formalities regarding arrival and departure of Italian, European and Non-European commercial yachts or pleasure vessels. Read More
Quentin Bargate, Senior Partner of the City law firm Bargate Murray and head of the Superyacht Group comments on the recent seizure of superyacht Force Blue and how yacht owners and managers can protect themselves Italy and superyachts seem to mix less well than oil from a leaking BP platform and water at the moment. Read More
Engel & Völkers Yachting GmbH in Hamburg and Equisea Yacht Management have entered into a dedicated collaboration agreement. The aim is to create synergies between a unique high standard service system in yacht sales and charter brokerage, capitalizing on a growing international network of licence partners, and an innovative professional yacht management offer. Read More
Force Blue was seized by Italian Customs Officers early on Friday morning in La Spezia. Officers from the Guardia Di Finanza took control of the vessel with the authority of a local prosecutor. The claims made against the vessel’s owners, state that there is outstanding VAT owing which should have been paid on fuel used. Read More
In April, Inserve Yachts moved to prestigious offices in central Southampton. Inserve Yachts provides independent safety, security and technical services to the large yacht industry. The company specialises in ISM and ISPS management systems, tailored to be practical and beneficial to each yacht as well as providing ongoing shore support. Read More
Equisea Yacht Management is specializing exclusively in integrated and business oriented management of crewed, private and charter yachts of any size. Owners and crew are our principal source of inspiration to constructively develop and implement new ways of running yachts in a transparent and cost-efficient manner. Read More
The Boat Sales Tax Cap passed the Florida State Legislature as part of the larger Jobs for Florida Bill, CS/SB-1752, on Friday, April 30, 2010 – the last day of the Legislature’s current session. It now moves on to Governor Charlie Crist, who voiced his support for the Florida Jobs Bill. Read More
The Switzerland based YMG Group subsidiary company YMG Sec Safe Ltd located in Gibraltar received the Isle of Man Document of Compliance (DOC ) and just took over the full ISM and ISPS Management of 50 metre superyacht Anedigmi. The Yacht is now also available for Charter after a refit in Germany and on her way to the Mediterranean Sea. Read More
Monaco based, expanding, innovative and integrated Yacht Management Company is hiring a fleet manager (m/f) to take care of the operational, technical, administrative and financial aspects in relation to the preparation and operation of various types of crewed yachts. Candidates should have the following profile. Read More
Following the growth of Asia yachting market, Marine Dragon is has strengthened its consulting and project management team with William Jelbert and Joe Yuen. The arrival of William is enlarging the scope of services of MDC in China and South East Asia. With 5 years experience in yacht design and construction for Robertson & Cain. Read More
Blue Ensign Ltd has just completed a project to register two racing yachts owned by the Russian TP52 racing team, called Valars III and Valars IV. Both yachts, normally based in the south of France, were re-classified as commercial yachts to avoid leaving the EU every 18 months, which was inconvenient and expensive. Read More
Watkins, the City of London based large yacht specialist, building on the solid foundations of their birth within the Lloyd’s insurance market, is now under new independent control and is to be renamed Watkins Superyachts Ltd. Read More
Ocean Management was delighted to win the mandate for the full management of this magnificent 90.6m mini-cruise vessel. Sunrise was largely re-built in 2001 and subsequently benefited from a full interior refit in 2004. Since OCI concluded the sale of the vessel in April she went into immediate service for her new Owner. Read More
ASP Yacht Management based in San Remo Italy and managed by Lena Sundell has encouraged the owner of Northern Cross to convert his yacht into an environmentally friendly vessel. Lena, contacted environmental and organic supply specialist Earthly Supply Company in Antibes France, to supply products and services for this project. Read More
CRS Yachts, the specialist superyacht insurance broker is pleased to announce the opening of a new office in Antibes, in partnership with Asttral SA. With an ever-growing client account and in order to continue providing optimum levels of service, Antibes will offer our clients in the Mediterranean a more direct point of contact. Read More
Dutch yacht management company Falcon Rydell has announced that it has been awarded the contract to manage a brand new 62-metre motoryacht due for launch in the summer of 2009. The Icon 62 will be the first superyacht to be completed by a new luxury yachtbuilder, Icon Yachts in the Netherlands. Read More
Palm Beach Yachts International (PBYI) has announced that its yacht construction division has recently completed the overarching management on behalf of the owner of the 141’ Trinity Big City and has just signed a yacht construction management agreement with an owner to build a 150’ Pendennis. Read More
When it comes to owning boats, John Rosatti is a real veteran. SuperYachtTimes.com recently spoke to him about the various superyachts he has owned and counted no less than 15 yachts (including two under construction), ranging from the 35ft Cigarette Executioner to the 180ft yacht he intends to build at the new facility of Christensen. Read More
Watkins Yacht Management has entered into a joint marketing venture with Air Harrods to provide aviation and concierge support, both helicopter and fixed wing, to the superyacht industry. Transfers to yachts now begin at the owner, charterer or guest’s front door and form a seamless itinerary incorporating limousines, flights and helicopter transfers. Read More
With the high cost of purchasing and maintaining a superyacht in these difficult financial times, the concept of Fractional Ownership has found a highly receptive market. There are a number of differing schemes on offer, but Curvelle has developed a system which allows the owners a much greater level of flexibility and freedom of choice. Read More
Continuing their steady growth pattern in the last two years, OnlyYacht, the dedicated yacht division of Monaco-based SuissCourtage has announced the opening of a new London office, to be headed by superyacht insurance veteran Rupert Beckett. Read More
SuperYachtTimes.com recently spoke with Remco Immink of Ciris Capital about the influence of the credit crunch on the finance of superyachts. Ciris Capital is a company that primarily exists to provide clients with access to loans and other financial arrangements, the current situation obviously has their full attention. Read More
Ciris Capital held a special training day in Monaco and Fort Lauderdale for Fraser brokers from Europe and the United States. This all-day training was designed to help the brokers of Fraser Yachts feel more comfortable discussing yacht finance with their clients. The main focus was orientated around the complexities of the issue and how best to advise clients. Read More
Superyacht owner Graham de Zille remains loyal to Italian custom yacht builder Benetti. He is now in the process of building his fourth motor yacht with the shipyard, which he ordered even before the third was completed. “I believe in loyalty,” says Mr de Zille, “and they have never given me cause for concern. So, we have a good working relationship.” Read More
The Private Client large yacht specialists Royale Oceanic have recently completed the Total Project Management which includes all commercial, legal and technical aspects, with its sister company Burness Corlett Three Quays providing naval architecture and marine engineering support for Sarafsa, the 82m superyacht built by Devonport. Read More
Jan-Eric Österlund has been an explorer at heart. With his previous yacht he sailed in most parts of the world, but he wanted a new yacht with which he could explore more adveturous places where normal yachts wouldn’t go. Planning of this new yacht started in 2000 and 5 years later Vitters launched the stunning André Hoek designed Ketch Adèle. Read More
In 2004 the Monnickendam based Hakvoort shipyard launched the 46m Flamingo Daze, today known as Allegria. Allegria was designed by Glade Johnson with naval architecture by Vripack. Early 2007 she was sold and her current owner made substantial improvements to the yacht, making her one of the most popular charter yachts. Read More
On Wednesday Peter Wilson watched the 84’ Langan designed Angel being launched by Yachting Developments in Hobsonville. She then motored down the harbour to have the mast stepped before returning to the dock at the yard for final tweaking. She has been 18 months in the making, and Wednesday marked a significant project milestone. Read More
Yacht finance specialist Ciris Capital has recently launched a new website, www.ciriscapital.com. Designed to provide clients and business relations with a wealth of relevant information, the portal includes an extensive Q&A section on three key subjects: Italian lease, yacht finance and purchasing a yacht. Read More
Former VAT and Customs Officer, Grant Atchison has joined Moore Stephens Yachting, part of the Moore Stephens Isle of Man group which includes management consultancy, assurance, trust and company administration and financial services. Read More
2007 has been a wonderful year for sail and power yacht owners and all other people enjoying a life on the ocean waves. Watching the America’s Cup in Valencia or the Super Yacht Cup in Palma could only make it harder to postpone the decision to purchase or upgrade to that beautiful yacht of your dreams. Read More
Last Thursday it was announced, at the Red Ensign Group (REG) Conference being held in Guernsey, that the Secretary of State for Transport has agreed to the upgrading of the Virgin Islands Shipping Register (VISR) to Category 1 status limited to general cargo ships. Read More
Dockside Management announces agreement with IGY for St. Maarten
IMA Yachts official kickoff at the 2009 Fort Lauderdale International Boat Show
Yachting Financial Solutions announce their participation at MYBA show
Gulf Craft and Gulf Finance team up to provide easy financing for buyers
New client representative Masterclass from Flagship Superyacht Academy
Yacht Path to announce expansion of services at Dubai International Boat Show 2009
Steamship Mutual launches new Yacht Liability insurance product
Yachtlease International: Ownership made easier and more affordable
Three new arrivals into the Fraser Yacht Management division
Executive Yachting SA introduces superyacht management services
Equiom Trust Company Limited has re-launched its Yachtsmann website
Key Recreation Lending expands portfolio of lending solutions for yacht buyers
Maritime Arbitration Association added to California Yacht Brokers Association contracts
KeyBank announces record yacht loan volume for first half of 2007
The Research Vessel (RV) Pegaso just made her debut in Monaco and gave the world a glimpse into her Global Mission for Marine Conservation. Her oceanographic capabilities are impressive: 5-person Diver Lockout submarine, Ice Class notation, 10,000 nautical miles at 12 knots, wet/dry laboratory, and separate scientist quarters. Read More
