All Superyacht Technology articles – Page 42
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NewsEU adds Bermuda to tax haven blacklist
Bermuda is one of 15 countries that has been blacklisted by the EU for not having proper governance over tax standards. With Bermuda a leading superyacht flag and location for ownership structures, its blacklisting could have a direct impact on the yacht sector. The EU move appears to have come ...
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NewsFirst Custom Line 106 touches water
Custom Line, part of Italy’s Ferretti Group, launched its first Custom Line 106’ in Italy last week. The second member of the new planing range by Francesco Paszkowski Design took to the water at Ferretti’s Superyacht Yard in Ancona on Thursday.
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NewsSeawork plans larger Superyacht Trail for 2019
The three-day commercial marine and workboat exhibition is also planning new areas with leisure marine features
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NewsOpposition to NZ superyacht levy grows
Opposition is growing to an Auckland Council proposal for an anchorage tax on foreign-flagged superyachts longer than 40m that moor in waters off the city. If the levy is imposed, the New Zealand Marine Industry Association believes it would cut into the estimated NZ$360m that superyacht visits contribute to the ...
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NewsMajor investment proposed for Cairns Marine Precinct
A major multimillion-dollar investment is in prospect for the Queensland port of Cairns which, if implemented, could see local shipyard capacity enhanced and new common-user facilities developed. The proposals are contained in a study called the Cairns Marine Precinct (CMP) Growth Strategy.
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NewsTankoa appoints sales and business development manager
Italian superyacht-builder Tankoa Yachts has appointed Giuseppe Mazza as its new sales and business development manager. Mazza joins the company after serving as sales manager for Mangusta Yachts from 2016-18. Prior to that, he spent six years as marketing director for Itama and Mochi Craft.
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NewsThailand achieves new record for superyacht visits
The strong commitment to growing marine tourism pursued by the Thai government is gaining momentum – although, as always, there is more to do. The latest success indicator is a record number of superyacht visits to Phuket the main yachting centre in the countries.
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NewsCape Charles Yacht Center sold
Cape Charles Yacht Center in the US has been acquired by JB Turner, president and co-owner of Front Street Shipyard in Belfast, Maine, and Nicole Jacques, owner of Rhumbline Communications in Belfast, Maine. The new principals intend to expand the Chesapeake Bay shipyard into a premier superyacht refit and service ...
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NewsNew group lobbies for superyacht marina in Taiwan
A new group, the Kaohsiung International Marina Development Association (KIMDA), held its first meeting recently to develop plans for the establishment of a superyacht marina in Kaohsiung. The group was initiated by Captain Paul Brackley, who heads up Central Yacht in Hong Kong.
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NewsDutch yard targets 30m-50m superyacht market
The 2018 sale of its 36.3m Brigadoon, the refit of a 42m yacht earlier this year, the launch of a second 36m yacht in 2020, and new management are all lifting spirits at Dutch shipyard Moonen Yachts.
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NewsUAE to introduce 180-day cruising permit
The UAE is planning to introduce a 180-day cruising permit once a number of outstanding points have been resolved. The initiative forms part of the country’s future strategy to attract more superyachts to the region, and its ambitions to develop the UAE’s marinas – particularly in Dubai – for winter ...
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NewsOceanco unveils new explorer SY concept in Dubai
The unveiling of a new superyacht concept by Oceanco has been a regular feature at the Dubai International Boat Show (DIBS) for several years, and for 2019 that concept is the 105m Esquel explorer superyacht. Oceanco says the design was “conceived and designed to explore new territories”.
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NewsNew SY brokerage forms in Italy, France and Switzerland
A group of European yacht brokers has joined forces to create Equinoxe Yachts International, a new company dedicated to the purchase and sales of superyachts.
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NewsBilgin Yachts joins SYBAss
Turkey’s Bilgin Yachts has joined SYBAss, the Superyacht Builders Association. Membership is only granted to a yard once it has built three superyachts over 40m (131ft) in length.
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NewsBenettti sells first Diamond 145
Italy’s Benetti Shipyard has announced the sale of its first Diamond 145 model, the 44m displacement yacht presented last September at the 2108 Cannes Yachting Festival. The new flagship in the Class product line is a yacht that symbolises power and balance.
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NewsPalumbo invests €6m in new syncrolift
A new syncrolift is now operating at Palumbo Superyachts’ shipyard in Ancona, Italy.
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NewsSanlorenzo turnover up 27% in 2018
Sanlorenzo names two new CEOs; forecasts 20% further growth for 2019 based on ambitious plans for new products, facilities and acquisitions
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9th YARE refit show returns to Viareggio
The ninth edition of YARE, the international aftersales and refit event dedicated to the superyacht sector, is returning to Viareggio next month for another four-day run.
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NewsCayman Registry continues to dominate world superyacht fleet
The Cayman Islands Shipping Registry (CISR) continues to dominate the flagged superyacht market, according to the latest CISR statistics.
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NewsFormer Ferretti Group exec joins Sunseeker
Andrea Frabetti will join Sunseeker International on 28 January as its new chief technical officer following the retirement of company co-founder John Braithwaite in June 2018
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