Regulation – Page 9
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News
Nautical tourism in the spotlight for EU institutions
Co-organised EBI event highlighted need for boaters’ licenses to be treated in the same harmonised way as car driving licenses
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EU to admit Croatia to its eurozone
Entry to the eurozone reflects a vote of confidence in Croatia’s economic prospects
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US electrification standards awaiting approval, need for international “harmonisation”
American Boat and Yacht Council has two proposals coming to the fore
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Alleged Russian superyacht seized by US arrives in Honolulu
106m Amadea detained in Fiji after legal challenge
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With roots in marine certification, RINA hits half a billion in revenues
Italy-based RINA continues its international growth path
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Canada to proceed with luxury tax despite projected C$2.1bn impact on leisure boat industry
Scathing economic analysis by Canada’s Parliamentary Budget Officer forecasts significant financial damage from controversial tax scheme
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Fiji court rules in favour of US to seize Russian superyacht, orders boat out of country
The ship is said to cost US$25m-$30m annually to crew and maintain
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Canadian dealers struggle to meet demand ahead of luxury tax
Supply chain issues and looming tax impacting business
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EU targets seize-and-sell law for oligarchs’ yachts, other assets
The core objective is to ensure that crime does not pay
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Electrification and next gen technology showcased at ABC
Electric outboard displays from Torqeedo and Mercury Marine among highlights
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Seized superyacht costing Fiji over half a million dollars a week
M/Y Amadea arrived in the Port of Lautoka in mid-April
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Egypt reduces licence issuing time for visiting yachts
Waiting times shortened in bid to boost tourism to the country
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NZ to reopen to visiting yachts and superyachts
Return of charter and refit activities welcome news for country’s superyacht sector
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US industry leaders head to capital in support of Bipartisan Innovation Act
Proposed bill would strengthen global competitiveness, eliminate supply chain constraints and tariffs
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US boating industry convenes in Washington DC
American Boating Congress returns to Capitol Hill amid tight security
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US aid package to Ukraine to include seized assets of Russian oligarchs?
New measure is expected to receive broad bi-partisan support in Congress
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Canadian government yields new luxury tax concession
Final legislation to be tabled next week exempts boats sold in 2021 along with boats sold in 2022 if delivered before September 1
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New Turkish charter licence and VAT initiative highlighted at MYBA Charter Show
Associations working to improve Turkey’s yacht market
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Greece introduces new rules for yachting to help grow the sector
Shipping minister announces new legal framework for marine tourism