Regulation – Page 23
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NewsGovernment audit clears Team New Zealand in America’s Cup controversy
No evidence of financial wrong doing or misappropriation of funds
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NewsSpanish marina operator obtains ‘Safe Tourism’ certification
Amarres Deportivos is one of few companies in the Balearics to be certified Covid-secure
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NewsUS study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...
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NewsFiji’s ‘Blue Lane’ initiative proves good response to Covid-19
Over 20 yachts have so far made use of the ‘Blue Lane’ initiative introduced by the Fijian government to allow yachts and superyachts to visit the South Pacific island nation, according to a report in The Fiji Times.
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NewsTrump resumes trade war with Canada
It’s Déjà vu for the North American boat industry as US president Donald Trump announces a new 10% tariff on Canadian aluminium, while Canada vows to retaliate
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NewsBermuda to join countries opening up ownership registers
With ever-greater visibility being given to ownership of company registers in a increasing number of offshore ‘tax haven’ jurisdictions, Bermuda is now committed to joining them by making its register accessible to the public by January 2021.
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NewsLegal dispute over loss of £25m superyacht involves Peters & May
My Song fell off ship while en-route from Antigua to Genoa
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NewsNZ update: exemption for visiting yachts with work booked; Auckland show to attract large crowds; Ocean Marine busy; new Waiheke marina
New rule could give a boost to local yacht repair and refit sector
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NewsIPM-IMG group marinas secure Safe Tourism Marinas certification against Covid-19
New standard emphasises group action to initiate anti-virus protocols
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NewsGibraltar introduces new Covid-19 protocols for returning yachts
Need for crew to submit report to captain of the port before arrival
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NewsAustralian broker faces charges in multimillion-dollar fraudulent boat sales scheme
Benjamin Eustice faces 17 fraud charges for his alleged role in alleged dealings ‘masterminded’ by his father, Andrew Eustice. Australian police allege Benjamin Eustice, a salesman for Platinum Boat Sales, took multiple deposits for boats and, unknown to the owners, sold the vessels. The matter was set down for a ...
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NewsNorth Carolina legislation makes abandoned boat disposal easier
Local governments are lauding a new North Carolina law that makes the removal of abandoned boats on land or water easier.
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NewsFrench association asks government to reallocate boating taxes to help industry
FIN calls for government to channel 25% of taxes back into the sector
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NewsTeam NZ, government, publisher head to court in continuing America’s Cup scandal
A legal battle Monday in the New Zealand High Court at Auckland involved Emirates Team New Zealand (TNZ), its affiliated event promotion arm America’s Cup Event Ltd (ACE), the New Zealand Herald’s publisher NZME, the National Government and Auckland Council in the latest round in what is rapidly becoming a ...
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NewsMarquip NOx emission treatment and silencer certified in Italy
MarQuip, a specialist in exhaust systems for sail and motor yachts, says its first IMO TIER III emission system, equipped with efficient noise reduction, has been tested and certified in Italy.
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NewsKiwi government suspends America’s Cup funding amid Team NZ spy, fraud claims
It’s been quite a summer for Emirates Team New Zealand, defending America’s Cup champions, which began the week firing team members for spying, answering charges of financial fraud, and culminating in the government’s suspension of payments to the team and Cup organisers pending further investigation. “We are not intending to ...
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NewsTrinidad & Tobago brace for surge of superyachts
Trinidad &Tobago (TT) is preparing for a “surge” of superyachts, causing its Attorney General (AG) to amend local legislation aimed at easing entry while protecting the island nation.
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NewsTeam New Zealand named in NZ$1.5m government wage subsidy probe
Just days after announcing the dismissal of an undisclosed number of teammates for leaking confidential information, defending America’s Cup champions Team New Zealand is now under investigation for financial mismanagement surrounding government Covid-19 wage subsidies. The wage subsidy plan is the cornerstone of the government’s economic response to Covid-19, allowing ...
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NewsBarbados to join list of Caribbean islands reopening to tourists
Barbados will join the growing list of Caribbean islands opening up after the lockdowns caused by the Covid-19 pandemic as from July 12. The news was announced by Barbadian Prime Minister Mia Amor Mottley.
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NewsMYBA issues guidance on Greek yacht charters
As the Covid-19 pandemic continues, yacht brokers in Greece are working with owners and clients to resolve any issues related to upcoming yacht charters. During this uncertain period and until further notice, the country’s Covid-19 and cancellation policy is typically as follows: For crewed yacht charters, each charter is dealt ...
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