Author Archives: pablopeiro

*Melita Marine Group, the Malta-based refit specialist, has expanded into Spain with a strategic acquisition.… Melita Marine Group, the Malta-based refit and engineering specialist, has expanded its facilities with the majority acquisition of ptw Shipyard Tarragona (PST) in Spain. PST more »

The three Member States have two months to respond to tax evasion allegations The European Commission has opened infringement procedures against Cyprus, Greece and Malta for not levying the correct amount of Value Added Tax (VAT) on the provision of more »

*New offices opened in five countries Fraser Yachts has significantly expanded its Asian office network, reflecting the growing importance of the Asia-Pacific market. New offices have been opened in Hong Kong, the Philippines, Thailand, Indonesia and Vietnam. ……… https://plus.ibinews.com/article/8mcALy4Y2Mw/2018/02/28/fraser_yachts_launches_major_expansion_of_asian_network/ Fraser more »

This year’s event will be held at Barcelona’s OneOcean Port Vell A new superyacht brokerage show to be held this year at Barcelona’s OneOcean Port Vell has been announced by LYBRA, the Large Yacht Brokers Association. The new event, which more »

* Dan Hughes joins company as chief operating officer Camper & Nicholsons Marinas has announced a new role within the company with the appointment of Dan Hughes as chief operating officer (COO). Hughes will be directly responsible for the day-to-day more »

Kymeta’s flat panel antenna takes award during FLIBS – see it in action during the show on an exclusive VIP yacht tour… It’s not a bad way to kick off your Fort Lauderdale International Boat Show – scooping the Excellence more »

*The company plans to establish La Ciotat as a major hub for superyacht refits Marina Barcelona 92 (MB92) today announced that it has formally taken a 75% stake in Compositeworks. The refit yard has facilities in La Ciotat and La more »

SuperyachtNews.com – Crew – How to obtain the Ship’s Cook CertificateThe next issue of The Crew Report takes a closer look at the Ship’s Cook Certificate… The Ship’s Cook Certificate (SCC) is a mandatory requirement for chefs working on commercially more »

Does last week’s show retain its status as the king of all the yacht shows? Throughout this year’s show, there were many signs of the industry waking up to our market’s negative environmental impact. Many events, such as Y.CO’s breakfast more »

The acquisition is a key step in Azimut-Benetti’s development and expansion strategy The Azimut-Benetti Group has assumed full ownership of Fraser. The company previously owned 83% of Fraser, but acquired the remaining 17% from minority shareholder V.Ships. Exact financial terms more »

Plans for superyacht refit firms to join forces revealed at Monaco Yacht Show In a joint statement at the Monaco Yacht Show today, French refit and repair firm Compositeworks (CW) and Barcelona-based MB92 revealed detailed plans for the two organisations more »

Salamanca Bank decided it was time to sell A leading Qatari bank and a regulated investment fund have acquired Barcelona’s OneOcean Port Vell (OOPV) marina from the Salamanca Group for an undisclosed sum. The bank is QInvest LLC, a leading more »

*Expansion throughout region planned A new company, Camper & Nicholsons Asia Holdings, has been launched in Hong Kong by its 50% shareholder Lai Sun Development Co Ltd. Lai Sun bought its 50% stake in Camper & Nicholsons International (CNI) in more »

Immediate action required to save shipyards from losing much needed work In a bid to resolve the crisis facing the French yachting sector over Article 31 of the Social Security Act, the European Committee for Professional Yachting (ECPY) has called more »

Alliances formed with Luise Group and A1 Yachting Global yacht services provider BWA Yachting has extended its Mediterranean representation with two new alliances covering Greece and Italy. The company is now working with the Luise Group in Italy and with more »

Local government leaders said yacht owners are leaving for nearby Italy or Spain Yacht owners are fleeing the French Riviera for nearby Italy and Spain due to high taxes and tight regulations, local government officials told President Macron in an more »

The organisers of the 2017 Monaco Yacht Show are looking to attract more UHNWIs The organisers of the 27th Monaco Yacht Show (MYS), which runs from September 27-30 in Port Hercules, have planned a number of initiatives to enhance the more »

* Barcelona-based GYG hopes to raise about £7m Gobal Yachting Group (GYG), which has refitted some of the world’s largest superyachts, says it plans to sell shares in London as it forecasts an increase in business. The Barcelona-based company said more »

With four months still to go before the start of the 56th Barcelona International Boat Show, around 75% of exhibitor space is already booked More than 260 exhibitors are expected to attend the 56th Barcelona International Boat Show this year, more »

Compositeworks has completed an extensive refit of the Ulysses, a 107-metre exploration motor yacht that has been in the main La Rochelle drydock since March. This summer, the drydock will be transformed into a covered superyacht refit facility as part more »

Following its complete refurbishment and transformation to accommodate superyachts, the large drydock at La Ciotat was formally declared open for business on Monday 3 April. Originally 335 metres in length by 60 in width, the facility was commissioned in 1969 more »

Following a senior management restructure, BWA Yachting appoints Paschalis Patsiokas as CEO… As the result of a leadership re-organisation, BWA’s board of directors has appointed Paschalis Patsiokas as interim chief executive officer, starting immediately. Patsiokas replaces Stefano Tositti as an more »

*The Balearic government has implemented new legislation to regulate yacht charter activity in the Balearics… Having come into effect this week, Decree 21/2017, which was drafted last year, serves as a welcome indication of the Balearic Government’s commitment to growth more »

*New superyacht broker training courses planned MYBA, the worldwide yachting organisation, is planning to expand its education activities and also strengthen its involvement in the East Mediterranean market. On the training front, MYBA is going to expand the number of more »

*First time exhibitors swell numbers as 30th edition already close to capacity As a key barometer of the current state of the sector, the marine industry should take heart that METSTRADE 2017 is already looking set to build on the more »

* Positive outcome reported from both Palma shows There was a positive response from most of the exhibitors in both the Palma International Boat Show and the Palma Superyacht Show that IBI spoke to. In particular, the brokerage houses in more »

New Repair & Refit section a first for 2017 Growth is the underlying theme at both the 34th Palma Boat Show and 5th Palma Superyacht Shows which start tomorrow and run until Tuesday, May 2. The Palma events are following more »

* Cromwell Littlejohn will spearhead the company’s strategic growth in the US market Camper & Nicholsons International has named Cromwell Littlejohn as its USA commercial director. The company said the appointment is part of its restructuring plans, which has included more »

First time at new venue in Barcelona The MYBA Charter Show is to open on Monday at its new venue in Barcelona at Marina Port Vell after several years having been based in Genoa . This important annual event focusing more »

A half day seminar entitled ‘What is happening in the Med’ is being held at the MYBA Charter Show on April 24 A half day seminar entitled ‘What is happening in the Med’ is being held at the MYBA Charter more »

*Targeting younger audiences will be a key focus going forward Fraser Yacht’s CEO, Raphael Sauleau, has indicated in an interview that he is looking to develop a fresh impetus and focus for the company. This is perhaps timely as Fraser more »

* Certificate allows the marina in Barcelona to be an authorized operator for customs operations in the EU Marina Barcelona 92 (MB92) has received certification as an Authorized Economic Operator (AEO) for a more simplified customs procedure, thereby becoming one more »

Nizar Tagi takes on the role of sales director Barcelona-based marina OneOcean Port Vell has announced the appointment of Nizar Tagi to the role of sales director. His appointment follows on from the sale of a 160m berth. Commenting on more »

*MB92, the Spanish refit yard, and Lürssen, the German shipbuilding behemoth, have confirmed that they have entered into a strategic partnership for the operation of Blohm+Voss La Ciotat… Following the reports on 8 February that claimed MB92, the Spanish refit more »

New Refit & Repair area comprises 21 stands Organizers of the Palma Superyacht Show have announced the addition of a Refit & Repair area to this year’s event. The new B2B space aims to mirror the island’s thriving big-boat maintenance more »

*German superyacht builder Blohm+Voss, part of German shipyard Lürssen, and Spanish refit specialist MB92 form a joint venture to operate the 200x60m dry dock at La Ciotat shipyard in France. Blohm+Voss, part of German shipyard Lürssen, and MB92 have reached more »

*Blohm+Voss, now owned by Lürssen, was awarded the public tender for the operation of La Ciotat’s 200x60m dry dock for the refitting and maintenance of superyachts in June 2016 Oliver Grün, media relations manager at Lürssen, has confirmed to Superyacht more »

*Sovren House Group has announced plans for a marina with berths up to 185m in Ibiza Town… The Balearic Islands Port Authority (APB) has awarded the marina specialist division of Sovren House Group, YSM, the concession to create a new more »

Transport Malta has introduced new guidelines that allow superyachts over 500gt to carry more than 12 guests, without needing to adhere to SOLAS or the PYC… At the end of December 2016, Transport Malta, the authority charged with the administration more »

* Trade association British Marine has reported that it is the first time that sales figures exceed £3bn since the economic crash of 2008-2009. British Marine has reported that the superyacht industry in the UK hit £3.01 billion in revenues more »

* Edmiston is set to base its Caribbean operations in St Barths, effective December 2016. Edmiston has announced that is basing its Caribbean operations in St Barths effective December 2016. This island has become a true superyacht hub, with the more »