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

Screenshot 2020-09-23 at 15.08.28

International boating community urges US, EU trade officials to remove tariffs on boats


Three marine industry associations – the National Marine Manufacturers Association (NMMA) in the US, the global International Council of Marine Industry Associations (ICOMIA) and European Boating Industry (EBI) – sent a letter to US and EU trade officials last week, urging them to reach an agreement that removes the EU’s ...

Phuket Yacht Haven

Thai government eases yacht restrictions

2020-09-21T09:58:00+01:00IBI , by Mike Derrett

Foreign tourists can now apply for a Special Tourist Visa (STV) valid for 90 days


US rescinds latest 10% tariff on Canadian aluminium

2020-09-16T09:07:00+01:00IBI , by Craig Ritchie

The new tariff announced on August 16 was withdrawn late Tuesday, hours before Canada was to implement its own $3.6bn in retaliatory levies

Judge declares yacht ownership suit “a mess”

2020-09-15T13:09:00+01:00IBI , by Tony Esposito

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.

Brexit flag

UK 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.

tagyacht_website pic

Two 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

Cruising the Seychelles

Popular 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


Fiji’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.

Aluminium boat production

Trump resumes trade war with Canada

2020-08-07T13:40:00+01:00IBI , by Craig Ritchie

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

Bermuda flag

Bermuda 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.

Miss Silver, Whangarei

NZ update: exemption for visiting yachts with work booked; Auckland show to attract large crowds; Ocean Marine busy; new Waiheke marina

2020-08-05T06:30:00+01:00IBI , by David Robinson

New rule could give a boost to local yacht repair and refit sector


Gibraltar introduces new Covid-19 protocols for returning yachts


Need for crew to submit report to captain of the port before arrival