The latest news from around the world on regulatory issues and legislation affecting the boating industry including taxes, trade tariffs, standards and environomental restrictions.
Regulatory Issues and Legislation
Free copy of latest EU Recreational Craft Directive
The go-to-reference for European boat standards, the revised RCD guide is being offered by EBI and ICOMIA free of charge
Spanish port authority restricts boat access at tourist beaches, introduces charges
Action taken to protect areas of Posidonia seagrass around the Balearic Islands
Not everyone agrees US 'Chips Act' is a good deal
But the bipartisan bill is broadly supported by the US recreational boating industry
Proposed regulation could expand compliance burden on US dealers
Proposed Federal Trade Commission rule would require dealers to disclose all costs and sale conditions to the consumer upfront
Nautical tourism in the spotlight for EU institutions
Co-organised EBI event highlighted need for boaters’ licenses to be treated in the same harmonised way as car driving licenses
EU to admit Croatia to its eurozone
Entry to the eurozone reflects a vote of confidence in Croatia’s economic prospects
US electrification standards awaiting approval, need for international “harmonisation”
American Boat and Yacht Council has two proposals coming to the fore
Egypt reduces licence issuing time for visiting yachts
Waiting times shortened in bid to boost tourism to the country
NZ to reopen to visiting yachts and superyachts
Return of charter and refit activities welcome news for country’s superyacht sector
US industry leaders head to capital in support of Bipartisan Innovation Act
Proposed bill would strengthen global competitiveness, eliminate supply chain constraints and tariffs
Canadian government yields new luxury tax concession
Final legislation to be tabled next week exempts boats sold in 2021 along with boats sold in 2022 if delivered before September 1
New Turkish charter licence and VAT initiative highlighted at MYBA Charter Show
Associations working to improve Turkey’s yacht market
More Regulatory News
Greece introduces new rules for yachting to help grow the sector
California reaches compromise on sportfishing boat emissions
Turkey raises VAT on boats and yachts
First superyacht detained in UK waters
New boat registration and usage regulations announced in China
Canadian government releases draft luxury tax legislation
US lifts tariffs on imported UK steel and aluminium products, including boats
Finland detains 21 yachts with possible links to Russian oligarchs
Abramovich yacht on the move as speculation grows to final destination
More than 100 Russian yachts already seized; others head to Crimea
EU sanction update
140m superyacht linked to Putin faces seizure in Italy
Minnesota lawmakers push for new boat safety legislation
More than 100 charter boats detained in BVI; The Moorings issues statement
EU bans all yacht and boat exports to Russia
EU expands Russian sanctions to marine sector
Ukraine: Dutch superyacht sector assesses potential fallout
Ukraine update | 3 March
Exodus of Russian-owned superyachts as sanctions bite?
New Covid restrictions in Hong Kong to affect yachting
