Regulation
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News
WRF issues net-zero roadmap for the superyacht sector by 2050
New roadmap sets quantified environmental targets with five-year increments
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News
NMMA weighs in on Bahamian boating fee increases
President Frank Hugelmeyer urges Bahamas prime minister to reconsider the changes in letter shared with IBI
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Global maritime organisations unite to accelerate electrification
New alliance to drive coordinated action for inland and nearshore vessel electrification
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News
Bimini resort sees cancellations ahead of new Bahamian boating fees, regulations
The loss of business, which already stretches into August, is significant
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News
US consumer confidence retreats in June
Decline in confidence shared among all ages and income groups
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News
South African president addresses Starlink issue in Parliament
Cyril Ramaphosa backs policy shift that would let satcom firm operate in the country
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News
NMMA Canada completes successful lobby effort
Meetings with newly elected government focused on luxury tax repeal
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News
US Coast Guard accepts new ABYC navigation light standard
New ABYC C-5 standard replaces old UL 1104 with international alignment and provision for LED testing requirements
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News
Trump Fed appointee calls for rate cuts, but majority take wait and see position
Many urge caution amid lingering inflation uncertainty and Trump’s trade tariffs
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News
SA-US tariff negotiations set to continue amid speculation over impact on boatbuilding
South African trade negotiators are hoping to finalise a trade deal ahead of the July 9 tariff deadline
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News
RINA acquires Finnish ship design and engineering firm
Foreship is best known for its high-profile work in cruise ship design
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Shipyard boss jailed for fraud in Sweden Yachts Group collapse
Mattias Rutgersson sentenced to one year in prison and three-year professional ban
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Dropping yacht charter VAT in the Bahamas too little, too late
Caribbean nation struggles with 40% share loss following implementation of a single 14% fee
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News
Tariff stacking piling on problems for US importers
Some companies say they have no choice but to pass increased costs on to customers
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News
China exports to US sink to three-month low
Continued trade tensions see lowest trans-Pacific shipping activity since Covid pandemic
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News
Avikus receives DNV type certification
Type certification for autonomous navigation platform represents key milestone for HD Hyundai subsidiary
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News
UK exempted from new Trump steel and aluminium tariffs
Tariff rate for UK metals to remain at 25% until at least July 9
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News
Trump steel, aluminium tariff hikes to take effect Wednesday
Latest increase will impose 50% tariff on all steel, aluminium imported into the US driving up costs on wide range of goods
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News
Bahamas boating sector reacts to proposed new environmental measures
New policies and regulations met by scepticism from some industry insiders
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News
GMBA hires marine certification expert
The appointment was driven by the industry’s need for specialised skills in yacht certification, marine engineering, and regulatory expertise