Regulation – Page 15
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NewsCanadian luxury tax on new boats will be a “job killer”
New report from leading economist says proposed luxury tax will punish boatbuilders, dealerships without achieving revenue goals
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NewsTag Yachts SA yacht deposit allegedly used to pay back investor loan
Around R9m (US$590,000) intended for a new yacht built was diverted to pay back a UAE businessman
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UAE businessman testifies in trial of TAG Yachts MD
Van der Steene and his former financial director face charges of fraud totalling R27m
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NewsNMMA, IMCI celebrate 20-year boat certification partnership
The National Marine Manufacturers Association (NMMA) in the US and IMCI, the International Marine Certification Institute, are celebrating 20 years of successful combined certification of boats and yachts for both US and EU. The partnership streamlined the recreational boating inspection process for the two largest boating areas of the world, ...
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NewsBiden Administration confirms timing for removal of EU boat & motor tariffs
The National Marine Manufacturers Association (NMMA) reports today that the EU plans to lift retaliatory tariffs on US boats and engines on 1 January 2022
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NewsEU Commissioner & US President announce suspension of tariff dispute
The agreement includes lifting of the EU’s retaliatory tariffs on boats and engines, along with other US products that have been penalised in the dispute
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News“Clock ticking, time to end tariffs once and for all” - marine industry joins call ahead of G20 Summit
EBI and NMMA among those urging leaders to remove retaliatory tariffs
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NewsTwo British boatbuilders fined £430k over health and safety breaches
Both cases brought before judges this month
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NewsBrazil to introduce digital boat owner and user licences
Citizens will be able to access their documents in digital format by 2022
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NewsUS government brokers deal to ease container port backlogs
White House negotiates agreement between shippers, logistics firms and unions to operate California container ports 24/7 in effort to clear crippling logjams
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NewsLawsuit seeks to invalidate redevelopment referendum for Miami’s Virginia Key marinas
Virginia Key, LLC filed suit in Miami-Dade Circuit Court
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NewsEuropean Boating Industry urges end to EU-US tariffs dispute
EBI seeks resolution before second tranche of EU rebalancing measures come into effect at end of November
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NewsSpain to debate environmental impact of “overcrowding of the sea”
The environment minister of the Balearic Parliament is calling for a “diligent” debate about the number of boats traversing the waters of the Balearic Islands, leading to “overcrowding” and environmental concerns. Minister Miquel Mir was responding to local concerns in Minorca that 40% of some 2,380 vessels at anchor were ...
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NewsItaly slapped by EU over fuel tax exemption
Pleasure craft under charter deemed ineligible for duty exclusion extended to vessels used for commercial navigation
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NewsItaly to reform and simplify Nautical Code
The country plans to enhance the Italian flag for pleasure craft
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NewsAustralian industry association tells Parliament “boating is an antidote”
BIA president Darren Vaux sends statement to federal and state governments
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NewsMalibu expected to appeal against liability judgement in $200m court award
The Louden, Tennessee based boat builder was cleared on claims of design defects, but is expected to seek a reduction or reversal of the substantial judgement by a Georgia jury in a product liability case involving the tragic death of a seven year old
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NewsUK proposes new jet ski legislation
Personal and recreational watercraft would fall under same laws as ships
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NewsMalibu faces largest ever Georgia damages award for pain and suffering
Georgia court jury apportions responsibility
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