Regulation – Page 10

  • Philip Easthill
    News

    European Boating Industry welcomes EU Industrial Strategy

    2020-03-11T12:11:00Z

    EBI secretary general Philip Easthill: Smaller companies are the ”backbone” of European industry European Boating Industry (EBI) has responded to the release yesterday of the European Commission’s flagship Industrial Strategy and SME Strategy, saying that it welcomes their potential to ”support the recreational boating industry in ...

  • Greek flag4
    News

    Greece to simplify yacht legislation

    2020-03-09T16:29:00Z

    Greek yacht legislation is expected to be simplified over the coming month. For now, the main measures include: Pleasure yachts registered under the EU Flag Yachts will be free to sail in Greece with less bureaucracy, and formalities will be available through online platforms. DEKPA, the certificate for ...

  • Sunseeker 74 Sport Yacht
    News

    Lawyers’ statement in Sunseeker dispute

    2020-02-28T15:40:00Z IBI

    Lawyers acting on behalf of the prospective owners of a 74ft Sunseeker yacht, which was impounded by US marshals at the Fort Lauderdale International Boat Show in November, have made the following statement after the recent Federal Court ruling that the yacht should be returned to Sunseeker USA: ...

  • Parliament Hill
    News

    NMMA Canada lobbies parliamentarians in bid to head off luxury tax

    2020-02-28T10:03:00Z

    Representatives from NMMA Canada and regional boating trade associations nationwide descended on the Canadian national capital on Thursday in a coordinated lobbying effort aimed at convincing legislators to rethink a proposed 10% luxury tax on boats of more than $100,000.

  • Sunseeker 74 Sport Yacht
    News

    Sunseeker USA wins court ruling to recover seized yacht

    2020-02-27T13:31:00Z

    District court finds in favour of Sunseeker USA and orders return of 74ft Sport Yacht seized at the Ft Lauderdale boat show in November

  • News

    Boating community sinks Virginia boat tax

    2020-02-26T15:17:00Z

    Efforts by the Prince William County, Virginia Board of Supervisors to reinstate a 20-year-old boat tax were dead in the water when more than 100 boat owners and business people voiced opposition at a public hearing Tuesday night.

  • Eden Island marina Seychelles
    News

    New rules in Seychelles allows foreigners to own superyachts

    2020-02-25T09:44:00Z

    The Seychelles government has introduced new policies related to foreign yacht ownership and operation. Under the new rules, according to a Seychelles News Agency report, a foreigner is able to own a yacht if it is over 24m (79ft) in length and valued in excess of $2m.

  • FERRETTI GROUP SUPER YACHT YARD_Feb2020
    News

    CRN M/Y 137 achieves IMO Tier III certification

    2020-02-20T06:00:00Z

    CRN, a Ferretti Group brand, has become the first shipyard in Italy to receive IMO Tier III certification for its CRN M/Y 137, a 62m fully custom steel and aluminium megayacht that is soon to be de

  • EU thumbnail
    News

    EU revises financial status of key yachting markets

    2020-02-19T15:14:00Z IBI , by David Robinson

    In financial deliberations of the past few days, the EU has revised the status of two key yachting countries in terms of financial listings. The two states involved are the Cayman Islands and the Marshall Islands, both of which are leading flag registration countries for superyachts. In respect of ...

  • The conference Opportunities in Superyachts 2017 will be held on February 23 at the Excelsior Hotel in Valletta, Malta
    News

    EU warns Malta over incorrect VAT on yacht leases

    2020-02-19T10:59:00Z

    The European Commission has sent an additional letter of formal notice to Malta whose authorities it accuses of not levying the correct amount of the value-added tax (VAT) on the lease of yachts. Brussels claims that Valetta failed to properly modify its tax system in response to earlier requests by ...

  • Textrax 1
    News

    Case against Tectrax struck out in High Court

    2020-02-14T16:26:00Z

    Sealegs International and its parent, Future Mobility Systems, have withdrawn their High Court claim against fellow New Zealand-based company Tectrax for alleged infringement of copyright in the unique arrangement of features in the Sealegs amphibious system.

  • M/Y Luna
    News

    M/Y Luna free to leave Dubai?

    2020-02-14T11:02:00Z

    The UAE-based English language newspaper Gulf News has reported that the $450m megayacht Luna , part of London’s largest divorce case, may finally be allowed to set sail from a Dubai port. The Gulf News article states: “The 115m (380ft) M/Y Luna has been holed up in ...

  • New York State flag
    News

    New York State considers ‘wealth tax’

    2020-02-12T12:39:00Z

    Face with budget shortfalls and looking to fund an ambitious new program, Democratic lawmakers in New York state are gaining support for tax proposals aimed at its wealthiest residents, which include a rollback of sales tax exemptions on megayachts and private airplanes.

  • us-flag-21-apr-2017.jpeg
    News

    Recreational boating opposes ‘Right to Repair’ legislation

    2020-01-29T06:00:00Z

    The recreational boating industry has growing concern with a growing trend: so-called ‘Right to Repair’ legislation that requires manufacturers to release software information to allow independent retailers to repair electronic products. Just 29 days into the new decade, 27 US state legislatures have introduced such bills, which are opposed ...

  • Spinlock lifejackets
    News

    Spinlock gains Maritime NZ approval

    2020-01-17T06:10:00Z

    Spinlock inflatable lifejackets have gained Maritime NZ approval for use on both commercial and recreational vessels in New Zealand.

  • NMMA TC MOU
    News

    NMMA, Transport Canada reach MOU to streamline boat importation regulations

    2020-01-15T15:50:00Z

    The National Marine Manufacturers Association (NMMA) has entered into a Memorandum of Understanding (MOU) with the Canadian government which will reduce paperwork for manufacturers exporting boats to Canada.

  • Jean-Pierre Goudant©DavidGirard20172
    News

    Industry leaders advance key European objectives

    2020-01-10T14:47:00Z

    European Boating Industry President Jean-Pierre Goudant outlines the future direction of EBI’s efforts to position the boating sector at the heart of EU policy making. In conversation with IBI Publisher Nick Hopkinson, Goudant passionatly advocates the need to have a ’seat at the table’ to tackle industry’s future challenges. ...

  • News

    California couple sues City over destroyed boat

    2020-01-10T10:30:00Z

    Couple allege boat was unlawfully seized as part of a government program to clean up derelict vessels - federal law suit alleges many more vessels involved

  • Discovery - John Burnie new MD
    News

    Discovery Yachts Group overcomes financial troubles to secure future

    2019-12-20T15:20:00Z

    Lawsuit over 2017 delivery will cost Discovery over £1.5m in compensation, repair and legal fees

  • Greece-Paxos-generic-leisure-boats
    News

    Greek marina privatisation plan attracts strong foreign interest

    2019-12-19T09:17:00Z

    Chinese and Arab investors top list of interested bidders