In a meeting on the 8th of December 2011 in Bali with Asia Pacific Superyachts Indonesia, Ms Nyoman Rini, Head of Customs for Benoa Harbour, gave her full support to the new Indonesia PIB regulations, welcoming in a new era for superyachts visiting Indonesia. Under the old laws, a boat could be made to pay... ... read full story
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Bali to give visiting superyachts a warm welcome thanks to new Indonesia PIB regulations
December 12, 2011
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Philippines shipyard acquired by Austal
November 08, 2011
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The leading global shipbuilder and defence prime contractor, Austal has acquired the Philippines shipyard as a part of its regionalisation strategy. ... read full story
America’s Cup Act of 2011 approved
November 07, 2011
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The 2011 America´s Cup Act has approved by US Senate and US House of Representatives. ... read full story
RYA encourages to get involved with Government’s Red Tape Challenge-Maritime
November 04, 2011
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RYA encourages everybody to take part in the Government’s Red Tape Challenge - Maritime on November 10. ... read full story
Tognum´s ongoing compliance investigation
October 31, 2011
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Tognum has promised to apply strict policies of zero tolerance towards bribery and corruption as a part of its decisive measures connected with its ongoing investigation, announced today. ... read full story
Ferretti Yachts´ capital restructuring process
October 31, 2011
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Ferretti Yachts´ Board of Directors has taken the decision to restructure its capital structure. ... read full story
European Commission brings action against French VAT exemption for commercial vessels
October 11, 2011
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The European Commission has now decided to bring action before the European Court of Justice (“ECJ”) concerning the VAT exemption applied by France to certain transactions involving vessels – commonly referred to in yachting circles as the French Commercial Exemption (“FCE”). In a press release from Brussels dated 29 September 2011, the Commission accuses France... ... read full story
New Norwegian lay-up rules of foreign pleasure boats in Norway
October 11, 2011
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As a direct result of lobbying by the European Boating Association (EBA) the Norwegian Directorate of Customs and Excise announced on 5 October 2011 that it would be amending its rules relating to lay-up of foreign pleasure boats in Norway. Boat owners, whose permanent residence is outside Norway, may now leave their yacht unattended in... ... read full story
Ince & Co welcomed to the Principality by Monaco Chamber of Shipping
September 15, 2011
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The leading international maritime law firm Ince & Co opened its Monaco office on 01 August 2011. The firm has been granted a licence to practise English law as Ince & Co Monaco SARL in matters relating to shipping and energy in the Principality. Welcoming the firm to the Principality, the President of the Monaco... ... read full story
Moore Stephens Yachting to present views on VAT issues relating to superyachts at the 4th Annual Superyacht Finance Forum
September 14, 2011
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Ayuk Ntuiabane, director of Moore Stephens Yachting, a leading provider of services to the superyacht industry, will present the firms views on current VAT issues relating to superyachts and their owners at the 4th Annual Superyacht Finance Forum on Tuesday 20th September, the eve of the 21st Monaco Yacht Show. Hosted by Marine Money International... ... read full story
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