Regulation – Page 13
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NewsTrump blinks on new tariff threat
US President Donald Trump has softened his position on a threat made earlier this month to levy a new 10% tariff on US$300bn worth of Chinese goods not already subject to existing tariffs.
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UK-based law firm to open Monaco office
HFW, the UK-based international law firm, has announced that it is boosting its global yacht practice with the launch of a Monaco office. It will be staffed by a team led by partner Andrew Charlier, former global head of yachts at Ince Co.
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Poland to launch new yacht registration system in 2020
Poland’s law on the registration of yachts and other craft of up to 24m (79ft) is set to enter into force on 1 January 2020, introducing new fees for local yacht owners and capping them based on a percentage of the country’s minimum wage.
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Canadian boat dealer subject of fraud investigation
The Royal Canadian Mounted Police (RCMP) have arrested one person and siezed a number of boats as part of an ongoing fraud investigation into a Vancouver-area boat dealership.
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Inflatable watercraft, paddles gain exemption from US tariff list
The Office of the US Trade Representative (USTR) has announced that certain inflatable boats, kayaks, canoes and paddles have been excluded from a list of Chinese imports subject to tariffs.
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Yacht broker sues developer for US$725,000 commission
A pair of lawsuits that span the Eastern seaboard of the United States are pitting a New York real estate developer against his long-time yacht broker who claims he was cheated out of a US$725,000 sales commission.
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Trump threatens additional 10% tariff on Chinese goods
US President Donald Trump took to Twitter on Thursday afternoon threatening to impose a new 10% tariff on an estimated US$300bn worth of goods imported into the US from China
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Canadian government implements new legislation to deal with abandoned boats
The Government of Canada is busy this week promoting the official implementation of its new Wrecked, Abandoned or Hazardous Vessels Act, which provides fines of up to C$50,000 for individuals and $250,000 for businesses which are found to be guilty of abandoning boats.
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US Coast Guard funding bill includes key boating industry priorities
Last week’s passage of the Coast Guard Authorization Act by the US House of Representatives includes some key provisions sought and support by the marine industry through the National Marine Manufacturers Association (NMMA).
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Australian mother charged with buying “getaway yacht” for son to evade cocaine charges
Four years after millionaire Markis Turner jumped bail to escape charges of importing 71kg of cocaine into Australia and two years after his arrest on those charges, the man’s mother has been charged with the purchase and provisioning of a getaway yacht that allowed her son to flee authorities, leading ...
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EU targets illegal tax breaks for yachts in Cyprus and Italy
The European Union Commission (EUC), in its ongoing mission to rid the EU of “unfair tax avoidance practices,” is taking steps to end illegal tax breaks in the yacht industries of Italy and Cyprus.
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Protests could derail €30m Spanish marina project
Spain’s United Left (Izquierda Unida), Equo, and Adelante Andalucía parties have declared their opposition to a new marina with at least 500 berths that is to be developed in Motril on the Spanish Mediterranean coast.
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UK boaters urged to respond to HMRC consultation on red diesel
The Cruising Association (CA), Britain’s leading organisation for cruising sailors, is urging UK boaters to respond to HMRC’s consultation on the future of red diesel.
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Turkey imposes new "tax" on tourist vessels
Turkish Parliament ratified a bill last Thursday to establish a new agency to promote and further develop tourism in Turkey.
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China opens Hainan Province to foreign yachts
Beginning next week, eight coastal waters off South China’s Hainan Province will be open for temporary entry and exit by foreign yachts through January of 2020.
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Bidders threaten Maltese government with lawsuits over marina tender
A group of berth holders who bid in the Maltese government’s tender to overhaul the marina in Gzira are threatening the authorities with a lawsuit over the non-transparent procedure.
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Oregon to charge wakeboat permit fee
The Oregon Legislative Assembly has approved a towed watersports program that includes a biannual US$124 permitting fee. The bill now awaits Governor Kate Brown’s signature.
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Queensland dredging projects to help boost yacht sector
Two multimillion-dollar dredging projects underway this year in Queensland, Australia will bring significant benefits to the local marine leisure sector. In Cairns, a A$127m scheme to dredge the Trinity Inlet will start shortly, while on the Gold Coast a A$10.3m initiative to deepen the Coomera River is ongoing.a River is ...
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Alaska’s DMV boat registration aimed at derelict boats
Alaska is now requiring all motorboats in the state to register and title with the Department of Motor Vehicles (DMV) as a way of preventing abandoned and derelict boats, but not a lot of boat owners are aware of the new law which took effect in January.
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Philippines orders registration of private recreational boats
The Philippines Maritime Industry Authority (MARINA) is tightening it policies on maritime tourism with new rules on registering, licensing and operating recreational boats for commercial or private use within its territorial waters.
