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
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European Commission brings action against French VAT exemption for commercial vessels
October 11, 2011
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Imtech acquires ETNA and opens 5 offices in France, Morocco and Spain
October 11, 2011
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Imtech, a technical services provider in Europe and on the global marine market, is expanding its marine services network with five new offices in France, Morocco and Spain. This concerns offices in Le Havre, Saint-Nazaire and Marseille in France and Tangier in Morocco following the acquisition of the French marine services provider ETNA, Etudes Techniques... ... read full story
Mastervolt opens new premises
October 04, 2011
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Mastervolt has recently moved to new premises still in the Cannes area because of the need for more space. ... read full story
Les Voiles de Saint-Tropez: Sailing yacht Avel wins Rolex Trophy in St Tropez
October 04, 2011
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It seems the summer may never end in St Tropez this year. For more than one week straight, unseasonably hot weather has dominated the region, caused by a high pressure system that seemingly stalled over the northern Mediterranean. It was a week of hot sunny days and little breeze, unusual in its duration. Again today,... ... read full story
Les Voiles de Saint-Tropez: Racing concludes
October 04, 2011
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Another sultry day on the French Riviera as racing concluded for the week at Les Voiles de Saint-Tropez 2011. For the 300 or more boats at this year’s edition, no amount of wind dances or prayers could conjure up enough breeze for a final day of racing. While both Tradition and Modern sailing yachts managed... ... read full story
Alu Marine to build Alu Marine 65 Trawler Catamaran
October 03, 2011
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Firstly announced in 58 feet version / 17,60 meters ( see images in the article), the first model of this new range of trawler catamarans will be built in 65 feet version / 19,85 meters. Construction at the ALU MARINE shipyard will start on September 2011 for delivery end 2012. ... read full story
Régates Royales – Trophée Panerai 2011: Sailing yacht Nan, S/Y Moonbeam IV, Arcadia, Léonore and Classic yacht Shamrock V win
September 25, 2011
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The Régates Royales last and decisive event of the 2011 Panerai Trophy ended today in Cannes. Due to the extremely light easterly wind on the bay of La Napoule organizers had no choice but to abandon racing and the eye-catching traditional yachts had their final “red carpet” coming back to the old port. Sailing yacht... ... read full story
Régates Royales – Trophée Panerai 2011: Italy’s Giuseppe Duca wins in the Dragon class
September 25, 2011
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Wind was not on the Dragon crews’ side this Friday for the last and decisive rendez-vous. A light and flimsly air, not enough to have the boats moving, forced the Committee to calli it a day and send the 58 strong fleet back ashore. The final ranking has then been decided taking into consideration the... ... read full story
Régates Royales – Trophée Panerai 2011: Light Winds on Day 3 in Cannes
September 22, 2011
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The light easterly wind put at test the crews’, and especially the tacticians’ ability on day 3 of the Régates Royales – Trophée Panerai in the sun bathed bay of La Napoule. The race committee was forced to wait until the early afternoon hours to fire the start signal for the classic yachts. Two races... ... read full story
Formula Marine showcases capabilities at Monaco Yacht Show
September 22, 2011
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Formula Marine, one of Europe’s leading mast builders will showcase its technical capabilities at the Monaco Yacht Show by highlighting aluminium spars manufactured in its Dutch factory as well as exceptional carbon technology from its French facility. Formula will display the carbon and wood laminated spar section developed for Turkish yacht builder DSV for a... ... read full story
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