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Regs4ships surveyors approved to represent Flag State of Malta

Tuesday, 20 December 2011

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 rebranded

Friday, 18 November 2011

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

IYB celebrates 5 year anniversary and welcomes 450th yacht

Monday, 14 November 2011

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 appoints new Loss Prevention Director

Wednesday, 19 October 2011

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

iYachting Services launches a unique solution to the new European VAT

Thursday, 22 September 2011

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 

New management and consultancy company launches in Amsterdam

Friday, 16 September 2011

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

Moore Stephens to present views on current VAT issues in Monaco

Tuesday, 13 September 2011

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

Isle of Man leads the way on MLC

Friday, 19 August 2011

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

Shipowners’ Club launches simplified, All Risk policy for yachts

Monday, 15 August 2011

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 hits Private Client Practitioner’s top 25

Friday, 12 August 2011

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

Shipowners beefs up it's Singapore branch

Wednesday, 10 August 2011

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

Shipowners’ P&I restructures it's London operation

Monday, 25 July 2011

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

MCM at the 2011 Monaco Yacht Show

Tuesday, 12 July 2011

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

The Maritime Labour Convention 2006 – the good, the bad and the ugly

Friday, 24 June 2011

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 in Turkey at the Marmaris Yacht Marina

Wednesday, 8 June 2011

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

Yachting in Spain given hope in regional elections

Tuesday, 31 May 2011

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 launches crew recruitment division

Friday, 13 May 2011

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

New all risk insurance for superyachts from Pantaenius

Friday, 6 May 2011

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

Spanish nautical industry’s matriculation tax protest update

Tuesday, 3 May 2011

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

Spanish nautical industry to protest on the 12% matriculation tax

Friday, 29 April 2011

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 appoints new Marine & Aviation Director

Thursday, 21 April 2011

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 establishes Antibes presence

Thursday, 14 April 2011

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

Launch of Superyacht Accounting Services LTD

Monday, 7 March 2011

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

Owner of Turquoise comments on the launch of his latest superyacht

Wednesday, 23 February 2011

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

Piers Flood joins Ocean Management as superyacht manager

Wednesday, 16 February 2011

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

MCM grows as owners seek efficiecy

Monday, 17 January 2011

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