Press

Brokerage firm Fraser has appointed Anders Kurtén as its new chief executive. Kurtén was most recently CEO at Finnish sailing yacht builder Baltic Yachts, where he helped spearhead and execute the company’s recent strategic turnaround. “We have conducted one of more »

Yachting is proud of its maritime and navy heritage, so why isn’t there a similar approach when it comes to quality recruitment?As a relative newcomer to the industry, it seems obvious to me that there needs to be a greater more »

Tim Clarke explains how recent survey results illustrate that yachts need to improve training options if they are going to retain quality crew… Less than a third of superyachts have a structured training budget onboard, according to results from a more »

Is the industry doing enough to tap into the experience of those who eventually decide to jump ship? Crew retention is a hotly debated topic within the superyacht industry. Dedicated conferences and multiple crew-survey data sets corroborate the conversations surrounding more »

Swiss Ocean Tech’s Suzy Chisholm explains how increasingly strict EU regulations threaten to restrict anchoring access for large yachts in the Med… Attention, yacht captains, particularly those navigating vessels over 24 metres in the Mediterranean. The degradation of Posidonia meadows more »

Spanish shipbuilder Freire has delivered the 112m superyacht Renaissance to its owner. The flagship motor yacht, also known as hull NB724, is the first superyacht completed by Freire in a decade and is the yard’s largest yacht by length. It more »

After an EU Parliament vote, the European Council adopts new regulations strengthening sustainability rules for battery use and waste… The regulations from the European Parliament and the Council will apply to all batteries, including all waste portable batteries, batteries for more »

The Red Sea’s first superyacht destination to open in 2024… BWA Yachting has announced that it will establish an office at luxury island development Sindalah as the ‘key partner superyacht agency in NEOM’. The office will provide services for luxury more »

Megayacht owners are “thoroughly disappointed” that they won’t be able to dock in Naples this summer after the southern Italian city restricted entry to vessels over 75 metres in length. The harbourmaster at Naples’s Mergellina port has implemented the new more »

Paolo Casani, Camper & Nicholsons CEO, highlights how the Athens office underpins its growth strategy, as the yachting horizon shifts… A strategic expansion into the Mediterranean is in the works for Camper & Nicholsons, marked by the announcement of a more »

Since stepping into the position of CEO in 2017, Paschalis Patsiokas has overseen a remarkable three-fold increase in turnover for international yacht agency and yachting services provider BWA Yachting. In the latest CEO Series instalment, Patsiokas tells BOATPro News how more »

Málaga is a city that often flies under the radar, which is remarkable when you consider all that’s on offer, not to mention one of the best year-round climates in the whole of Europe. Still less known than Marbella and more »

SOS Yachting has opened a new office in Athens to support the region’s expanding clientele. According to the yard, the move reflects demand moving eastward with destinations such as Greece and Croatia rivalling the more traditional locations of France and more »

Camper & Nicholsons, one of the oldest yachting companies in the world, founded in 1782, is expanding its luxury services by opening a new office in Athens as part of its global growth strategy after celebrating its 240th anniversary last more »

Brokerage house Camper & Nicholsons has expanded its operations with a new office opening in Ocean Financial Center in Singapore. The new office is the second location in the region for Camper & Nicholsons, and follows the opening of the more »

The dedicated sustainability refit service aims to help reduce the environmental impact of yachts, cut operational and financing costs, and protect resale value… ‘Refit for the Future!’ aims to bring a wide range of sustainability solutions to the refit sector more »

Palma International Boat Show and the Palma Superyacht Village will return bigger and better for 2023. The anticipated event will take place in Moll Vell Marina, Palma, Mallorca, from April 27 until April 30 2023. Set in Palma, one of more »

Pantaenius UK shares insights from an expert marine industry panel… The symposium took place in early March at the Solent offices of the leading marine law firm, Shoosmiths and was moderated by Elliot Bishop who leads the firm’s marine litigation more »

Lawyer and economist Miguel Ángel Serra explains the significance of a simplified charter licence that should be in place for the 2023 season… On 21 March, 2023, the Regulation on the Maritime Navigation Planning was published in the Spanish Official more »

‘The Superyacht industry is flying a little blind with insufficient data on sustainability’, according to the latest report from MB92 group… The MB92 report highlights the need for increased regulation and environmental assessment within the superyacht supply chain. Publishing its more »

A new report by superyacht refit, repair and maintenance company MB92 Group concludes that the superyacht supply chain is in need of increased regulation and environmental assessment to improve sustainability across the industry. The report, “A Joint Effort for the more »

The Innovation Corner will provide a space for startups to showcase new technologies … Taking place in Mallorca from 27th April-1st May 2023, the Palma International Boat Show (PIBS) is the inaugural event of the Mediterranean yachting season. The 2023 more »

Virginia McVea will become the new Chief Executive Officer of the Maritime and Coastguard Agency (MCA)… Virginia McVea’s appointment comes at an important time for the MCA, as it continues working to ensure the UK is the world’s best-performing coastal more »

Camper & Nicholsons has confirmed changes to its team in the Middle East on the first day of the Dubai International Boat Show. The superyacht brokerage and service firm, which recently opened a new office in Dubai, has appointed Giovanni more »

The Palma Superyacht Village will host an Innovation Corner during the 2023 Palma International Boat Show, providing a space for startups to showcase new technologies. Taking place in Mallorca from 27 April-1 May 2023, Palma International Boat Show (PIBS) is more »

Jean-Marc Bolinger, CEO of MB92 Group, explains how the Dubai facility complements a period of unprecedented growth for the refit specialists… MB92 Group has had a busy few months. After announcing that it will be joining forces with Al Seer more »

Leading superyacht refit, repair and maintenance company, MB92 Group underwent significant changes throughout 2022. The yard introduced a 4,300-tonne shiplift at MB92 La Ciotat, announced Squircle Capital as a 93% shareholder and overhauled the management structure in each of its more »

America’s Cup and Marina Port Vell Barcelona have signed a partnership ahead of the regatta in 2024. Through this agreement, Marina Port Vell becomes the preferred marina for superyachts for the 37th America’s Cup, to be held in Barcelona between more »

MB92 adapts its management structure at its Spanish and French shipyards… Two well-known faces of MB92, Jordi Ariet and Rob Papworth, become respectively Managing Director of MB92 Barcelona and Managing Director of MB92 La Ciotat. Ariet and Papworth have been more »

Lucia Mingot opens up on the sustainability projects already underway at the refit shipyard… For this article, Guest Author Lucia Mingot, Director of Quality and Innovation at Astilleros De Mallorca, outlines some of the sustainability achievements that have been reached more »

Superyacht brokerage and service firm Camper & Nicholsons has reported a ‘record year’ for 2022 and revealed further details of its plans for 2023. Across all departments in 2022, Camper & Nicholsons reports it saw 5.5 km of yachts managed more »

MB92 La Ciotat formally inaugurated its brand-new 4,300-tonne shiplift, ‘Atlas’, yesterday. A lift strong enough to haul even the largest existing superyacht out of the water. The project has been in the pipe-line for 20 years now, conceived by Patrick more »

Lawyer & Economist, Miguel Ángel Serra, proposes a strategy to help evolve the Spanish yacht market… preferred destinations for clients chartering large yachts. However, this in no way implies that Spain is necessarily a ‘leader’ when it comes to yachting more »

The expansion project had been blocked The board of the Balearic Ports Authority has approved a 120,000 square metre expansion of the commercial docks in Palma, which will mean that the principal shipyard in Palma, Astilleros Mallorca, can move to more »

President of Asociación Española de Grandes Yates (AEGY), Carlos Ara discusses the organisation’s remit to support and promote the superyacht industry throughout the Spanish mainland and its islands. At the forefront is bringing together key players in the industry to more »

Joan Rosselló, General Manager of STP Shipyard Palma, discusses the future of refit in Palma and its contribution to the Balearic Economy…… STP is an enormous refit and repair shipyard in Palma, Mallorca with 130,000 square metres of technical space more »

Calero Marinas offers a range of personalised services across the Spanish archipelago… Perfectly positioned between the Med and the Caribbean, the Canaries offer superb sailing conditions as the colder months in the northern hemisphere approach. Calero Marina Lanzarote’s 820-tonne hoist, more »

BWA Yachting, the superyacht service agency, has opened a new office in Cyprus. Based at Limassol Marina, the office is set to help superyacht captains with shore assistance, port operations, provisioning and supplies, logistics solutions, and hospitality and events management. more »

US boat dealer group MarineMax has completed its acquisition of the IGY Marinas, in a deal set to significantly expand its existing marina and services business. The deal was first announced earlier this year, and completion was confirmed in a more »

The platform will be formally launched in late 2022… MB92 La Ciotat announced that its new 4,300-tonne shiplift has successfully hauled out its first client, the 60m superyacht Bella Vita, built by Lürssen in 2010. It will be joined by more »

Camper & Nicholsons (C&N) has announced the opening of its proprietary office in Dubai. Located in Mina Rashid marina, the new office will offer full-scale turnkey services to domestic and international clientele. Paolo Casani, CEO of Camper & Nicholsons, says: more »

Al Seer Marine, MB92 Group and P&O Marinas announce today that they have signed a memorandum of understanding with the view to set up a joint venture to develop the first dedicated superyacht refit and repair facility in Dubai. This more »

BWA to offer full services to superyachts transiting the Suez Canal and cruising the Red Sea… BWA Yachting announces the official opening of its new Egyptian offices. The international yachting agency operates globally and offers a full range of marine more »

The official operations partner for the AC37 superyacht program will be BWA Yachting. It will be responsible for managing all the event berth bookings, access to VIP experiences and social calendar. “As a global organisation, BWA Yachting is a long-term more »

The lingering fascination with gross tonnage affects how superyachts are valued…but is there a better metric? The metrics by which we measure superyachts carry value connotations. But value to who? Misconceptions around the true definition of gross tonnage persist across more »

MarineMax expects the transaction to close in the first half of fiscal 2023, subject to the satisfaction of customary closing conditions… MarineMax, the world’s largest recreational boat and yacht retailer, has announced that it has entered into a definitive agreement more »

With summer now in full swing and superyachts enjoying a busy season, figuring out where to berth this winter is next on the agenda. For those owners and captains whose yachts are not heading to the Caribbean or in need more »

US boat dealer group MarineMax has added Island Global Yachting LLC (IGY Marinas) to its portfolio, significantly expanding its existing marina and services business. MarineMax, the world’s largest recreational boat and yacht retailer, has confirmed it is paying US$480 million more »

Uniquely located in the centre of this iconic city, Marina Port Vell is the perfect destination in the Western Mediterranean… Marina Port Vell is a world-class marina for superyachts perfectly located in the heart of Barcelona. Originally built during the more »

Rotation is on the rise, what impact could this have on an already candidate short crewing landscape? The goal of attaining a rotational position is a driving force for many ambitious yacht crew. Rotation can be held up as the more »

Camper & Nicholsons International and Antonini Navi have partnered to promote the sales of the new Utility Platform 40, designed by the architect Fulvio De Simoni, for the shipyard of La Spezia. The agreement aims to increase visibility and promote more »

As the market approaches the midpoint of the year, the total sales sit slightly behind the equivalent date in 2021… There has been a steady period of activity from the broker sector once again, as we approach the midpoint of more »

Luxury yachting company Camper & Nicholsons has announced it is now accepting cryptocurrencies as payment for all goods and services via BitPay. Camper & Nicholsons, which offers services related to the sale, purchase, charter, marketing, management, construction, project management and more »

PIBS opens its doors at Moll Vell with a record number of participating companies… This morning President Armengol and Vice President Yllanes inaugurated the latest edition of the Palma International Boat show which is set to run until Sunday the more »

Fraser is proud to be among the first to sign the Commitment Charter of the new Monaco Capital of Advanced Yachting initiative… The initiative is headed by the Yacht Club de Monaco and supported by HSH Prince Albert II, the more »

Exploring where value is added and where improvements can be made to this essential sector… Anyone who understands the superyacht industry properly understands that good brokers and brokerage houses are worth their weight in gold, but not all brokers or more »

Superyacht Times travelled to MB92 La Ciotat in the south of France to talk to Jean-Marc Bolinger, the newly appointed CEO of refit specialists MB92 Group, and Chairman of the Board Pepe García-Aubert. Prior to his appointment, Bolinger had already more »

Jean-Marc Bolinger joins MB92 as CEO, Pepe García-Aubert will continue as Chairman of the group… MB92, the renowned refit group, had announced the appointment of Jean-Marc Bolinger as Group CEO. Pepe García-Aubert, former president and CEO of MB92, will continue more »

Luxury yachting company, Camper & Nicholsons, has made two new appointments this month. Jacqui Lockhart is the new Europe head of charter marketing, based in the Monaco office, while Bobby Bigio joins the company as retail charter broker, based in more »

With war now raging in Ukraine and international governments posing heavy sanctions on Russian companies and oligarchs, questions are being raised about how this war in Europe may impact the superyacht industry. With superyacht crew already being displaced and the more »

In The Superyacht New Build Report we look at how wealth growth matches up against the number of fleet deliveries… In the upcoming edition of The Superyacht New Build Report we take a look into what the true potential of more »

Has the pandemic caused lasting change or will the market revert to type where boat shows are concerned? Following the total shutout of boat shows in 2020, 2021 represented the first time the superyacht market was able to gather at more »

Camper & Nicholsons has appointed Maël Fiolet as its new sales advisor. Fiolet will join the company’s brokerage office in Monaco. A French national, Maël grew up on the Atlantic coast of France, spending his formative years sailing. He found more »

Camper & Nicholsons has appointed Thomas O’Nial as Sales Manager UK, who will be based at the brokerage’s Mayfair office, London. He has spent the last 10 years in the yachting industry, and has worked all over the world: from more »

More than 1,200 superyachts are currently on order – a rise of 25 per cent on last year – according to the latest edition of the Global Order Book. The figures for 2021 have beaten the previous all-time record of more »

Camper & Nicholsons International has signed a partnership with luxury yacht operators The Italian Sea Group (TISG) for the marketing of Admiral and Tecnomar motor yachts in China and Hong Kong. “We are extremely proud of this collaboration with an more »

The superyacht industry is running out of time to course-correct on sustainability if it and its playground – the oceans – are to survive the century, a new report finds. “The cost of inaction is evident and will be extremely more »

Following the appointment of a business development consultant for the Middle East, we explore the wider strategy… The MB92 Group, the superyacht refit group, recently announced the appointment of Saif Al Rahbi as business development consultant – Middle East Region more »

The in-store refill station for the EcoYacht Wash product helps to reduce the use of single-use plastics… Ecoworks Marine and Pinmar Yacht Supply have teamed up to introduce the first in-store refill station for the EcoYacht Wash product, providing customers more »

The Royal Yachting Association (RYA) has received confirmation that its International Certificates of Competence (ICC) and several of its course completion certificates and other Certificates of Competence remain valid for skippering Spanish flagged boats. The announcement comes following persistent and more »

The Balearic Yacht Show is back in Palma de Mallorca on the 3rd, 4th, 5th and 6th of June 2021… Following the success of the event that took place in November 2020 with over 150 exhibitors, 3000 attendees and over more »

IGY’s newest marina development may change the formula for superyachts in the Mediterranean… Island Group Yachting (IGY) has continued its expansion into the European marina market, with the announcement of a new superyacht marina development in the Andalucian city of more »

Astilleros de Mallorca shipyard has announced the opening of its new offices in Port Tarraco, Spain… Having established a new refit service location in Port Tarraco, Astilleros de Mallorca is now able to assist yachts with refit and repair solutions more »

The A1 yacht agency in Greece will be integrated under the BWA Yachting banner in 2022… BWA Yachting and A1 Group have recently signed a memorandum of understanding for the A1 yacht agency, as well as its technical and provisioning more »

A new Fraser report explores the brokerage performance and opportunities of the new build sector… In the recently published Fraser Insights & Indicators Report 2021, the respected brokerage house paints a picture of the performance of the new build market more »

Marina Port Vell Barcelona signs a collaboration agreement with Quirónsalud to offer healthcare coverage… Marina Port Vell Barcelona has recently reached a collaboration agreement with Quirónsalud, a leading hospital group in Spain and a major healthcare operator in Europe, whereby more »

Laurence Lewis, director of YPI Crew, on the effects COVID-19 and her predictions for the year ahead… In order to ascertain how the COVID-19 pandemic has impacted the crew recruitment sector, YPI Crew has had a look back over its more »

Palma Superyacht Show, which was due to take place in early May, will now be held from 3 – 6 June, says organisers. The team has cited health and wellbeing as a ‘fervent priority’. “As we continue to follow the more »

The change comes as part of the UK flag state’s wider commitment to modernise its services to seafarers… UK seafarers and seafarers working on UK-flagged vessels will benefit from new photocard-style certificates as the UK continues to drive forward maritime more »

A 0.5 per cent IPSI rate could be applicable to charters instead of the 21 per cent VAT rate… Since 2019, the Port Authority of Melilla has been proactively seeking to attract superyachts and make the most of the port’s more »

With demand for second-hand vessels and charter high, will the market suffer from a lack of capacity in 2021? With reports highlighting an incredibly active year for the brokerage community in 2020 – as well as various stakeholders suggesting a more »

In a recent notice published by HMRC – Notice 8: sailing your pleasure craft to and from the UK boat owners are being told to carry ‘documentary evidence supporting VAT status . . . at all times’. This is because, post-Brexit, owners more »

An update for superyachts in France concerned about the French Commercial Exemption’s 70 per cent of trips rule… In response to threatened sanctions imposed by the European Commission, the French government amended the criteria for benefitting from a VAT exemption more »

The yard’s stringent procedures against COVID-19 mean refit activity can continue apace… Following Spain’s national lockdown in response to the COVID-19 pandemic earlier this year, MB92 Barcelona made the decision to close its facilities for four weeks from 16 March more »

Superyacht refit and repair shipyard, MB92 Barcelona has been given approval by customs authorities for their facilities to be an officially recognised bonded store (DAP). To support the RPA service already available, clients will now be able to unload items more »

ANEN, Spanish association of nautical companies (shipyards, charter companies, marinas, clubs, ect.) and AEGY, Spanish Superyacht Association, have joined forces to strengthen the role of Spanish recreational yachting and claim its important economic role. Through AEGY, the most important international more »

Complete Marine Group is now part of AEGY (Spanish Superyacht Association). The group is comprised of two companies: Complete Marine Freight, specializing in superyacht global transport logistics (sea, land and air); and EYOS Tenders & Toys, superyacht company specializing in more »

A 50-year licence is available to the winning bidder Bids are reportedly coming in from specialist investors in maritime construction projects to develop the new 500-berth San Andrés marina in Huelin, Malaga, around 50km northeast of Marbella on Spain’s Costa more »

Philippe Escousse has been appointed the site manager for 300t Origins… MB92 La Ciotat has today announced the creation of a dedicated refit facility serviced by a 300-tonne travel lift within the MB92 La Ciotat shipyard called ‘300t Origins’. The more »

As the financial markets have recovered, so too has the brokerage market, proving that client desire remains strong… A series of recent wealth reports have shed light on the rapid recovery of UHNW wealth globally. However, many of the pervading more »

More than 35 companies have confirmed their attendance at the first virtual boat show in the Balearic Islands. With just over a month to go, the Balearic Yacht Show (November 18-20) will be a fully online event with exhibitors representing more »

On the day that the 30th Monaco Yacht Show (MYS) was due to open, the event’s organising team have issued a statement which highlights research undertaken which, it is hoped, will result in an even more appealing show than usual more »

The ambitious three-phased project was achieved in collaboration with Langan Design… While marking its 75th anniversary in 2017, Astilleros de Mallorca was selected as the shipyard of choice for the ambitious refit of 74m Cocoa Bean alongside Langan Design Partners, more »

Italian authorities have delayed the application of a new VAT system on charters until November 2020… In 2019, the European Commission announced that the application of VAT on charters as practised in Italy, France, Malta, Cyprus and Greece would no more »

New government measures represent a significant financial contribution La Ciotat Shipyards in the South of France has unveiled a range of price cuts in order to boost the start of the 2020/21 refit season. The move comes after the local more »

The Monegasque firm is the first yachting company to sign the pact Fraser Yachts has signed the official National Pact for Energy Transition (Pacte National pour la Transition Énergétique) with the Monaco government, making it the first yachting company to more »

New hybrid event planned for November METSTRADE 2020, which will run from 17-19 November in Amsterdam, is still on track, according to organisers the RAI, who today unveiled new initiatives to ensure a safe and successful show. A statement released more »

In response to increasing demand, BWA Yachting is expanding operations in Northern Europe… BWA Yachting is expanding its operations into northern Europe by opening offices in Norway and Denmark, to assist yacht captains looking to explore new and exciting cruising more »

Now known as Marina Port Ibiza, the marina joins the IPM-IMG Group portfolio… With a change of concession and management, the former Ibiza Magna is now to be known as Marina Port Ibiza. The marina has become part of the more »

Organiser issues statement Organisers of the Monaco Yacht Show, Informa Markets, has announced this morning that the 2020 Monaco Yacht Show is to be cancelled. The organiser has released the following statement: ”Over recent weeks, Informa Markets has been in more »