Yachting Business

Growth of UAE yacht building driven by maritime projects and coastline developments

The upcoming Dubai International Boat Show will be hosting the leading international as well as UAE-based luxury yacht builders. The maritime industry saw USD170-220 million in investment in 2013, with the World Expo 2020 driving international interest for leisure crafts.

Expansion activity at BMT Nigel Gee to meet increase in superyacht design work

Expansion activity has been announced by BMT Nigel Gee, driven in particular by the new design orders for some of the world’s largest and finest superyachts.

New Italian Superyacht Manager for Oceanair

Federico Verona has become a new Italian Superyacht Manager at Oceanair, as part of the company’s strategy to grow their superyacht business within Italy.

SY Prestige Yachts – New exclusive dealership for Numarine Luxury Performance Motor Yachts in France

Numarine International has announced the appointment of SY Prestige Yachts as its sole representatives in France. The lovely Numarine 70 HT yacht will be showcased at the Cannes Boat Show 2014 in September.

Amico & Co to offer competitively priced service to yachts of up to 100m in length

The Genoa-based refit facility, Amico & Co is currently working on its new sheltered graving dock, scheduled for completion in September 2014. This will be able to accommodate superyachts of up to 100m in LOA.

Palumbo Group acquires International Technic Marine (ITM) in Marseille

The renowned Palumbo Group has announced to day the acquisition of International Technic Marine (ITM) in Marseille. The new name of the shipyard is Palumbo Marseille Superyachts ITM.

Encouraging regional engagement of Superyacht Australia

Superyacht Australia undertook a trade mission last month, in order to encourage greater awareness as well as partnership with their neighbours in the Asia region.

Croatia Yacht Charter: New Regulations Update on VAT and other related news released by BWA Yachting

BWA Yachting – Croatia has released the new regulations update, regarding VAT on Croatia yacht charters and other related news.

Spain sailing yacht charter: New exemption and reduced rates in registration tax

As announced by Spain’s industry association ANEN, the Spanish government has introduced the amendment to the registration tax for luxury charter yachts.

Appointment of Bradford Marine Yacht Sales as manufacturer’s representative for Camper & Nicholsons Yachting

Bradford Marine Yacht Sales, subsidiary of Bradford Marine, Inc., has become the official manufacturer’s representative for Camper & Nicholsons Yachting in the Americas, the Bahamas and the Caribbean.

A very successful boot Dusseldorf 2014 for Superyacht Builder Gulf Craft

The premier Middle Eastern superyacht builder, Gulf Craft, has attended the recently concluded boot Dusseldorf. The event hosted almost 80,000 visitors and 1,650 exhibitors from 60 countries.

Paolo Casani appointed as Managing Director of Nautor Holding

Paolo Casani has been selected as new Managing Director of Nautor Holding, as announced by Leonardo Ferragamo, Chairman of Nautor’s Swan.