Regulation – Page 10
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Japan opens up for superyachts
The rules have been entirely overhauled for foreign registered superyachts
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Canadian luxury tax implementation delayed
Levy on new boat sales to have been implemented on January 1 pushed back with details to be released in early 2022
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Legal dispute casts pall over Dutch superyacht marina project
Judge rules that some of the waters are public
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TAG Yachts SA case postponed due to freak accident
Defence attorney reportedly suffers injuries after falling down a flight of stairs
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Yacht-linked legal practices to merge?
Clyde & Co and BLM are both active in the superyacht market
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Canadian 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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Tag 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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NMMA, 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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Biden 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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EU 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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“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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Two British boatbuilders fined £430k over health and safety breaches
Both cases brought before judges this month
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Brazil 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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US 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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Lawsuit 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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European 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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Spain 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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Italy slapped by EU over fuel tax exemption
Pleasure craft under charter deemed ineligible for duty exclusion extended to vessels used for commercial navigation