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Barclays Corporate Jets & Superyachts now part of Barclays Wealth

Thursday, 2 December 2010

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 SeaVision Platform at 2010 Monaco Yacht Show

Tuesday, 30 November 2010

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

Isle of Man tops shipping industry flag state performance table

Friday, 26 November 2010

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

Latest news from Marine Technical Design Ltd (MTD)

Tuesday, 23 November 2010

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: Providing yacht construction management services

Monday, 8 November 2010

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

David Geffen now sole owner of 138 metre superyacht Rising Sun

Friday, 15 October 2010

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

Stephen Brew joins the board yacht management company I-Cap Marine

Wednesday, 13 October 2010

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

Tuesday, 12 October 2010

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 subscribe to red24

Tuesday, 12 October 2010

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

A year with the owner of superyacht Onyx on board

Monday, 4 October 2010

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

Superyacht seller’s finance by Yachtnote

Thursday, 30 September 2010

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

Jersey Trust Company enhances Marine & Aviation service offering

Monday, 30 August 2010

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 joins Frank Crystal & Company

Monday, 2 August 2010

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 opens new Monaco office

Friday, 23 July 2010

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 continues steady growth

Friday, 9 July 2010

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

Advisory information from the Yacht Charter Association for The Balearics

Monday, 5 July 2010

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

MCM: Six new yachts launched in four months

Friday, 11 June 2010

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 awarded management contract for Meduse, Octopus and Tatoosh

Thursday, 10 June 2010

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

YachtNote launches superyacht seller finance services

Wednesday, 9 June 2010

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

Florida boat sales tax cap goes into effect on July 1, 2010

Friday, 4 June 2010

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

Vantage, a new name in the superyacht industry

Friday, 4 June 2010

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

New rules for harbour master formalities in Italy

Thursday, 3 June 2010

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

The Italian Job – the Financial Police get tough on Yacht Owners

Wednesday, 2 June 2010

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 and Equisea Yacht Management sign collaboration agreement

Friday, 28 May 2010

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

Superyacht Force Blue Seized by Italian Customs

Monday, 24 May 2010

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

Inserve Yachts move to prestigious new offices

Tuesday, 18 May 2010

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 launches SeaVision Platform

Monday, 17 May 2010

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 

Boat sales tax cap passes Florida state legislature

Monday, 17 May 2010

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

YMG Group takes over full ISM and ISPS Management for superyacht Anedigmi

Wednesday, 5 May 2010

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

Yacht management company is looking for a fleet manager

Wednesday, 17 March 2010

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

Marine Dragon grows with Chinese Yachting Market

Monday, 15 March 2010

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

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