China
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NewsTrump blinks on new tariff threat
US President Donald Trump has softened his position on a threat made earlier this month to levy a new 10% tariff on US$300bn worth of Chinese goods not already subject to existing tariffs.
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Trump threatens additional 10% tariff on Chinese goods
US President Donald Trump took to Twitter on Thursday afternoon threatening to impose a new 10% tariff on an estimated US$300bn worth of goods imported into the US from China
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MOU signed between HKCYIA and yacht insurance company
The Hong Kong Cruise Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Voyager Risk Solutions Ltd in a move to offer insurance solutions to the superyacht community in Hong Kong. The MOU follows the one signed earlier this year with the Singapore Yacht Show ...
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China opens Hainan Province to foreign yachts
Beginning next week, eight coastal waters off South China’s Hainan Province will be open for temporary entry and exit by foreign yachts through January of 2020.
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Benetti sells first megayacht to fly the Chinese flag
Built under China Classification Society and Lloyds Registry rules, the 65m will be delivered in early 2021
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Yeargin: Tariffs hurting Floridians US$178m so far
In his latest salvo against the Trump Administration’s tariff wars, Correct Craft president and CEO Bill Yeargin warns the President’s policies are hurting both his economic gains and the very people he is trying to help.
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Vietnam and China: same yacht potential, different yacht approach
In many ways, Vietnam and China mirror each other in stunning and rapid wealth creation, making both prime markets for high-end yacht sales, but the way each country’s government embraces big boats is having opposite effects.
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Finnish builder expands presence in APAC region
Nautor’s Swan of Finland has expanded its presence in the APAC region with the appointment of Shenzhen Hone Ocean Culture Communication Co Ltd as its new Chinese agent.
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Tariffs take toll on US firms
How two very different boating companies are impacted in different ways by the Trump administration’s tariff on Chinese goods
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Explorer Motor Yachts CEO dies
Mark Campion, CEO of China-based Explorer Motor Yachts, passed away recently after a short illness.
