SOS Yachting has announced the establishment of SOS Yachting Croatia. This will focus on providing owners and their teams with VAT advice and support for operation within the waters of the lovely Croatia yacht holiday destination, positioned in the Eastern Mediterranean.
A lovely Mediterranean yacht holiday destination, Porto Montenegro is set to double its capacity to 460 berths by May 2015, with the potential to build up to 850 berths, in order to meet the increased demand from visiting yachts.
U.S. House of Representatives has passed a new bill, which is bringing the Caribbean USVI yacht charter industry one step closer to regaining it’s leadership and will help to boost the local economy.
The International Council of Marine Industry Associations (ICOMIA) has proudly announced a great success achieved at today’s 66th MEPC session in London: the implementation of Tier III for superyachts <500 GT has been delayed until 1 January 2021.
The Dubai Maritime City Authority (DMCA) has introduced new license issuance initiatives for foreign yachts that will be participating in the upcoming Dubai International Boat Show 2014.
BWA Yachting – Croatia has released the new regulations update, regarding VAT on Croatia yacht charters and other related news.
Two new superyacht marina projects in Croatia will be supported by the yacht division ‘TheYachtAttorney’, belonging to the German commercial law firm, CPS Schliessmann. Both of these will feature space for 150 yachts.
As stated bby UCINA, Confindustria Nautica, this year’s Global nautical industry turnover is between 2.4 and 2.3 billion euro, while for 2014, the estimated growth of the industry’s contribution to the GNP will be equivalent to 7%.
The prestigious Yacht Club de Monaco has been hosting one of its Captains’ Forums during this year’s Monaco Yacht Show. The event, destined for superyacht captains, consisted of two debates: ‘VAT for Charters: a headache for the professionals’ and ‘Protecting cetacean species in the Mediterranean’.