The European Commission has now formally requested that the French change their VAT legislation which grants VAT exemption for some transactions involving superyachts potentially affecting commercial charters. ... read full story
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PORALU MARINE acquires CEI and developes new Marinas such as the sea of Marmara Marina near Istanbul, Turkey
July 26, 2010
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After setting up Poralu Marine Services, with the signature of a joint venture agreement with Nautiscaphe, experts in underwater anchoring systems, CEI will strengthen Poralu Marine's international approach as a top of the range equipment supplier. ... read full story
Boating Industries Alliance forms in Australia.
July 23, 2010
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Recreational boating and light commercial marine industries associations around Australia have united to form the Boating Industries Alliance. The Alliance is the peak industry body for the Australian boating industry, with a new charter and funding model that will enable it to deliver improved national outcomes for its members. ... read full story
Moore Stephens Crew Benefits Limited and Nautilus International join in a strategic alliance
July 22, 2010
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Moore Stephens Crew Benefits Limited and Nautilus International join their forces in a venture to deliver benefits for superyacht crew. ... read full story
Hatteras Yachts Move CABO Yacht Production in California to North Carolina
July 21, 2010
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North Carolina’s Hatteras Yachts is growing in Craven County as Hatteras is to create 350 jobs and invest $4.7 million in the coming five years there. ... read full story
Interesting news From New Zealand & Denmark: Southern Spars to merge with Nordic Mast
July 21, 2010
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The merger between Southern Spars from New Zealand and Nordic Mastwill from Norway will create a combined mast and spar maker with over 350 staff able to compete on the world stage. The new entity will supply a comprehensive range of high quality carbon fibre masts, booms and carbon rigging to meet the demands of all market sectors. ... read full story
The Yacht Harbour Association meeting in the Norfolk Broads
July 16, 2010
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On the 7th July The Yacht Harbour Association organized an event where 41 members, including the British Marine Federation President Alan Morgan, met to see the spectrum of marina developments. The meeting was held in the Norfolk Broads. ... read full story
Burger Boat Company may lay off employees
July 13, 2010
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Burger Boat Company may lay off approximately 70 employees during the next six months. These layoffs will be in addition to a series of small layoffs that have occurred over the last several months. The company is positive and continues to seek new projects, which could minimize layoffs and make the notice to lay off the employees a moot point. ... read full story
AIMEX and SYBA sign an agreement
July 05, 2010
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Two key marine industry organizations have signalled a positive move forward for the Australian marine industry by signing a landmark agreement to work closer together. Under the new agreement, the Australian International Marine Export Group (AIMEX), the peak body for Australian marine exporters, will manage the day to day operations of Super Yacht Base Australia (SYBA) the peak body for the Australian superyacht sector. ... read full story
What does George Clooney, the Burj Khalifa, the Mona Lisa and Orcas have to do with Oceanco Superyachts?
July 02, 2010
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The top responses from the 22 journalists canvassed included were “Orcas, Burj Khalifa, George Clooney, and the Mona Lisa.” Shall we conclude that Oceanco has a killer instinct, reaches to build the biggest in the world, has the sexiest yachts, and is at the same time enigmatic? ... read full story
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