A recent estimate notes China is home to 970,000 millionaires, 40,000 ten-millionaires and 1,400 billionaires. Affluence is an economy driver and the Chinese are on a spending spree. With a population of 1.3 billion people, it’s no wonder the world is beating a path to the Chinese mainland. In the words of Napoleon: “when China... ... read full story
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Transatlantic Superyacht Regatta – Transatlantic Maxi Yacht Cup 2011
October 31, 2011
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The entry list for the Transatlantic Superyacht & Maxi Yacht Regatta which starts on the 21st November 2011 is growing with a total of nine sailing yacht giants confirmed to assemble in Tenerife in less than one month’s time. The 2011 Transatlantic Superyacht Regatta – Transatlantic Maxi Yacht Cup is scheduled to leave Santa Cruz... ... read full story
Superyacht Australia at Tourism Directions Conference
October 17, 2011
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Superyacht Australia represented for the second year the Australian industry at Tourism Directions Conference in Canberra last week. ... read full story
Charter yacht AWOL delivered – a LSX 78 series motor yacht by Lazzara
October 14, 2011
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The 24m motor yacht AWOL, built by Lazzara Yachts was recently launched and has now been delivered to her owners who are enjoying her maiden cruise through the beautiful waters of the Bahamas. Yacht Awol will then move to Australia, where she will be permanent based, offering luxury yacht charters throughout Queensland, thanks to her... ... read full story
New Zealand’s new Wynyard Quarter superyacht Marina full
October 13, 2011
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The Wynward corner of Auckland’s newest waterfront destination is currently hosting 6 luxurious superyachts who have been attracted the New Zealand shores for the Rugby World Cup. The Silo Park Marina on Jellicoe Street, only opened on the 1st of October and its 6 superyachts berths are already full with yachts measuring between 54m-93m (177ft-305ft)... ... read full story
Heesen Motor Yacht Quinta Essentia available for luxury Mediterranean yacht charters
October 12, 2011
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The 55m superyacht QUINTA ESSENTIA, launched by Heesen Yachts in March 2011 is now proudly taking charter bookings for next summer in the Mediterranean (2012). The 55 metre semi-displacement series motor yacht QUINTA ESSENTIA will charter at the rate of EUR 350,000 per week (plus 25% expenses, plus 20K Euros security deposit). The luxury yacht... ... read full story
Audi Hamilton Island Race Week 2012
October 11, 2011
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Audi Hamilton Island Race Week 2011 was hailed as the most successful and satisfying in the event’s spectacular 28-year history. Entered in the 2011 Audi Hamilton Island Race Week were 195 racing yachts – ranging from small cruisers to record-breaking supermaxis – and some impressive superyachts on the water. Then, when the sailing was done,... ... 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
Marina Port Vell’s debut Press Conference at the 2011 Monaco Yacht Show
October 07, 2011
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Marina Port Vell's summary of the 2011 Monaco Yacht Show press conference held on the 22nd of September, 2011. ... read full story
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