Regulation – Page 18
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NewsUS rescinds latest 10% tariff on Canadian aluminium
The new tariff announced on August 16 was withdrawn late Tuesday, hours before Canada was to implement its own $3.6bn in retaliatory levies
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News
Judge declares yacht ownership suit “a mess”
A federal judge in Miami, Florida who has declared the ownership lawsuit over a US$1m yacht “a mess” is allowing a local business which has procession of the boat to keep it temporarily, and has further suggested federal investigators may want to intervene. It all began in April, when brothers ...
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NewsUK to accept CE-certified products until end of 2021
IMCI, the Brussels-based International Marine Certification Institute, today issued a statement to say that all products that are certified under the Recreational Craft Directive (RCD) by IMCI will be able to be placed on the UK market with the CE mark until 1 January 2022.
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NewsTwo arrested for fraud linked to yacht-building business
Two South Africans have been charged with fraud in relation to Tag Yachts, a custom catamaran builder based in the Eastern Cape
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NewsMalibu gets favourable ruling for patent case
US ski & tow-boat manufactuer, Malibu Boats, reported a favourable court ruling. allowing it to move forward in its patent litigation against the Supra and Moomba boat brands, owned by Skier’s choice
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NewsFlorida businessman charged after spending federal coronavirus aid money on a new boat
A Florida businessman has been charged with fraud after spending nearly US$700,000 received under a Covid-19 aid program on a new boat.
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NewsPopular cruising destinations impose stricter rules
The Seychelles and Maldives have both tightened restrictions on cruising yachts – one for regulatory purposes and the other for Covid-containment
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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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