Press

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 »

Tuesday, 6 December 2016 from 15:00 to 16:45 in Paris European Boating Industry, the French Federation of Nautical Industries (FIN) and Reed Expo are delighted to invite you for the second consecutive year to the next edition of our joint more »

Lift Emotion uses a pre-assembly process to complete installation in three days Lift Emotion, a Dutch manufacturer of lifts for yachts, has developed a new procedure to save time installing glass-finished elevators onboard yachts. The company has recently completed a more »

NMMA has rebranded the event All-Industry Breakfast at the Miami International Boat Show The National Marine Manufacturers Association (NMMA) has rebranded its “All-Industry Breakfast” at the Miami International Boat Show. The event has been renamed as the “Innovation Breakfast.” “The more »

Norwegian shipyard Ulstein Verft has signed a contract with a private client to build an 88.5m explorer yacht. Ulstein has been designing, building and repairing work and commercial vessels for nearly a century, however this is its first superyacht project. more »

The 9th edition of the conference takes place from 17-19 November alongside METSRADE show in Amsterdam The 9th edition of the ICOMIA World Marinas Conference, organised by RAI Amsterdam in partnership with the ICOMIA Marinas Group and HISWA Holland Marine more »

With the acquisition, the Lürssen Group will now combine six highly specialised shipyards with around 2,800 employees in Northern Germany. German shipyards The German Fair Trade Commission has approved the acquisition of Blohm+Voss GmbH by Lürssen Maritime Beteiligungen GmbH & more »

* This is the second project sold by the Monaco firm from the Dutch shipyard and the third Amels yacht signed for project management by Fraser Yachts in the last 13 months. Fraser Yachts has announced the sale of a more »

Coastal and maritime tourism is an important subsector of tourism and the largest maritime activity in Europe. Employing over 3.2 million people, this sector generates a total of € 183 billion in gross value added and represents over one third more »

Message arises from the conference The Future of Yacht Chartering conference held in Barcelona The Future of Yacht Chartering, a sector focus conference held in Barcelona and organised by Quaynote, drew to a close on Tuesday calling to players in more »

The Spanish yard unveils new corporate logo with the tagline “World Class Superyacht Refit” MB92, the superyacht maintenance, refit and repair shipyard based in Barcelona, Spain, has revealed a new corporate identity. The company says the refreshed identity “reflects MB92’s more »

* Visitor attendance was up 9.2% this year, with foreign visitors accounting for more than a quarter of the total audience Some 126,178 visitors attended the 56th Genoa Boat Show last week – a 9.2% increase over the previous edition more »

* Several exhibitors have reported year-on-year increases from last year’s event The 2016 Southampton Boat Show drew to a close on Sunday with organisers, exhibitors, sponsors and visitors all hailing the show a great success. More than 109,000 visitors were more »

* According to UK trade body British Marine, total industry revenue grew by 11.5% in 2015/16 – the fourth consecutive year of growth. The superyacht sector contributed £273m in Gross Value Added to UK GDP, a rise of 6.1%. New more »

* Around 34,000 visitors 26th Monaco Yacht Show The 26th Monaco Yacht Show (MYS) opens tomorrow amidst signs of improvement in the European boating markets as highlighted by the recent Cannes Yachting Festival and Genoa Boat Show. What MYS will more »

The Monaco-based brokerage firm has reported that five superyachts were sold in June. Also in this month the company expanded its sales fleet with the addition of four motoryachts. Fraser Yachts has reported strong sales activity for the month of more »

More than 90 brokers and agents have already signed up for this year’s event Owners and captains of some of the most luxurious superyachts in the broader Mediterranean region have confirmed their attendance at the 2nd MYBA Pop-Up Superyacht Show more »

This year’s event will be held at Barcelona’s OneOcean Port Vell in October Support for the upcoming Future of Yacht Chartering conference in Barcelona, Spain is said to be growing, with the Barclona Nautical Cluster and IBI’s sister title, Superyacht more »

* The superyacht marina aims to attract more superyacths to Vilanova area, focusing specially on those that has never enjoyed the marina and its surroundings before. Vilanova Grand Marina in Barcelona has launched #Morethanaberth, a new mooring scheme aimed to more »

* Marina Port de Mallorca has received special recognition from Fraternidad Muprespa for its role in reducing work-related accidents Marina Port de Mallorca has received special recognition for its role in reducing workplace accidents and preventing occupational accidents and diseases. more »

A group of independent marine service providers at the STP Palma superyacht refit and repair yard in Mallorca have pooled themselves together under a unified banner. The eight companies, all of which offer complementary skills and products for yacht owners, more »

Superyacht broker Yachtzoo has signed a contract to exclusively handle berth rental and long leases at OneOcean Port Vell in Barcelona, Spain. The announcement comes just five months after Yachtzoo was appointed central agent for Porto Montenegro berths, and will more »

Fraser Yachts has announced that its Palma office now offers yacht management services. The Monaco-based firm welcomed more than 80 clients and captains at the Mar de Nudos restaurant at the Palma Superyacht Show last Friday to celebrate the opening more »

• The organisers point out that this year the nautical event did not have the benefit of taking place on a national bank holiday • High expectations for the 2017 edition of the fair which will be held from the more »

Camper & Nicholsons Marinas (CNM) has announced that it has been appointed by the Blackstone Group to take over the management and operation of St Katharine Docks in central London (UK). Blackstone Group acquired the marina in late 2014. A more »

* The Barcelona-based superyacht marina named Best Marina & Port in the 2016 Architizer A+ Awards Barcelona-based superyacht marina, OneOcean Port Vell, has been named ‘Best Marina & Port’ in the fourth annual Architizer A+ Awards. Organised by one of more »

* The superyacht service provider is setting up branch offices at ports across the country BWA Yachting, a leading provider of concierge services to the superyacht industry, has opened new branch offices at ports around Italy. The company has also more »

The small island nation will hold EU presidency in the first half of 2017 Malta is hoping to become the ‘voice of the yachting industry’ when it takes the EU presidency in the first half of 2017. The idea was more »

BWA Yachting, the global superyacht agent and support services provider, has announced a formal partnership agreement with Astilleros de Mallorca, the Mediterranean refit and repair yard for superyachts, sail & power, classic & modern. Astilleros de Mallorca offers facilities to more »

* Tony Pullar has joined Camper & Nicholsons as director of its US Yacht Management Division Camper & Nicholsons has hired Tony Pullar as director of its US Yacht Management Division in Ft Lauderdale, Florida. Pullar started his yachting career more »

* Many exhibitors reported good business, including numerous multi-million-pound deals The 2016 London Boat Show drew to a close yesterday, attracting around 90,328 visitors during its 10-day run. Attendance levels were down by just 2.1% compared to the previous edition more »

* Camper & Nicholsons have announced the successful sale of the 38.16-metre motoryacht Northlander. A multi-award winning yacht, Northlander was built by Dutch shipyard Moonen in 2009. When launched she was the first Moonen yacht with a four-deck central atrium more »

€5 million invested, with the addition of eight extra superyacht berths The final phase of the transformation of OneOcean Port Vell, Barcelona into the Mediterranean’s premier city superyacht marina has commenced. OneOcean Port Vell is acknowledged by many owners and more »

To attract superyachts traffic to Barcelona, ​​one of the association objectives for 2016. The nautical cluster of Barcelona (Spain), ​​the association of institutions and companies working for the competitiveness of the marine industry, closed the year 2015 with 71 members. more »

The Spanish marine industry association ANEN has announced that the charter sector is up 38.3% in 2015. The percentage increase follows a tax exemption in place since October 2013. According to data released by ANEN, issued in conjunction with the more »

Registration of 24m-plus yachts has increased from 52 in 2014 to 86 in 2015 Spanish marine industry association ANEN has announced that the charter sector is up 38.3% in 2015. The increase follows a tax exemption in place since October more »

Nautal, a Barcelona-based yacht rental company, has released a market report that shows the charter sector in Spain generated turnover €142m in one year. The study is the first to focus on the charter sector in Spain. The report is more »

Signs of a slowdown are a little less evident where upscale boats bob in the sun at the Sentosa Cove marina. Luxury yacht charters for corporate events and wedding banquets may have fallen 10 per cent over the last few more »

With the easing of the Balearics’ charter licence laws and reduced taxation in 2014, the summer of 2015 has been the first season in which the impact of these changes can be fully evaluated. As most of the yachts in more »

Marina Barcelona 92 (MB’92) has moved on to the second phase of its expansion plan with the construction of a new esplanade to accommodate a new shiplift to dock vessels of up to 4,000 displaced tonnes. The Administration Board of more »

* Fraser Yachts are a well-established and highly respected name in the field of yachts sales, charters, and management, But like every other company in the yachting industry, they have felt the force of the economic turbulence of recent years more »

A group of Italian shipyards has formed a new marine industry association to rival UCINA. Founded by leading Italian nautical manufacturers representing 25 brands, Nautica Italiana brings together top companies such as Ferretti, Azimut/Benetti, Perini and Baglietto to draw up more »

Fraser Yachts has renewed its partnership with Julian Chang in order to strengthen their position in Asia, this announcement came alongside the appointment of two new Fraser Yachts representatives in the region as part of its ongoing expansion plan. Following more »

The French government has announced that it will not represent the proposed mooring tax in the National Assembly after the Bill was rejected by Senators. Marylise Lebranchu, the Minister in charge of the case, wrote to MPs in a letter more »

Latest positions uploaded on IBI-Jobs.com Featured companies hiring today on IBI Jobs include: e3 Systems in Mallorca, Spain is looking for a Sales Representative to source leads, promote, sell and secure orders for e3’s communications services and associated hardware. For more »

* Two new marina projects – one in build near Palma and another proposed for one of the smaler islands – will boost capacity in the Balearics. As to the proposed project, SB understands it will be a superyacht facility more »

The Superyacht Palma Show was the appointment to making know the agreement between Vilanova Grand Marina – Barcelona and Ventura Yachts, Ferretti importer for Spain. On and off line media journalists were cited in the chill out terrace show to more »

* The Delegate of the Spanish Government, Teresa Palmer, the president of the Balearic Parliament, Margalida Duran, the President of the Consell de Mallorca, Maria Salom, and the consellers of Economy and Competitiveness and Tourism and Sports, Joaquin Garcia and more »

Owning a super yacht means not only the initial capital outlay, but also costs associated with the running of it, often stretching into seven figures. On average, a super yacht owner spends $400,000 on fuel, $350,000 on docking, $24,000 on more »

Superyacht brokerage company Fraser Yachts has announced a partnership agreement with V.Delta, the engineering and project management division of V.Group. The new company, VF Yachts was initiated by Roberto Giorgi, executive chairman of Fraser Yachts and honorary chairman of V.Group, more »

The BC group and Sovren House Group of Companies have established a new full-service superyacht agency provision, under the banner Lantimar Yachting. This joint venture will provide fiscal and legislative compliance services to superyachts as they travel the world and more »

What do Google Chairman Eric Schmidt, the Prime Minister of the United Arab Emirates and Steven Spielberg have in common? Besides being fabulously wealthy, they’re also on an elite list of the world’s few superyacht owners. It’s no secret that more »

This year’s MYBA Charter Show, taking place from Monday 27th and Thursday 30th April in the Port of Genoa, has made several improvements in order to enhance visitor experience. New for this year will be the relocation of the visitor more »

For Palm Beach County alone the 30th Annual International Boat Show means millions of dollars in economic impact. It’s brought in through hotels, restaurants and shopping combined. More than $1.2 billion worth of boats, yachts and accessories will be on more »

Nautical Academy (NA) has announced the opening of a new facility in Palma de Mallora and the launch of to new courses for superyacht crew. Established two years ago, NA is based at MB’92 shipyard in Barcelona. The academy claims more »

New car sales in the EU were up 5.7% in 2014 for the first time in six years and the euro/dollar exchange rate is at an 11-year low The European Central Bank released bullish forecasts for the eurozone after announcing more »

Marina Port Vell berthed a record 282 superyachts last year – the highest since its transformation began in 2010. The majority of these superyachts were berthed on the new quays built during 2013 and 2014 – an impressive 4,015 linear more »

A new €220m marina project in Ayia Napa, southwest Cyprus, continues the expansion of the country’s marina infrastructure. The new facility, which will be able to berth 600 yachts up to 60m (197ft), is being developed by Egypt’s Orascom Group more »

The Russian authorities are aiming to set up three new marinas on the Russia-controlled Black Sea, including the Crimean peninsula. Under the plan, the designed facilities will be constructed in Feodosia and Yalta in Crimea, and Gelendzhik. This will significantly more »

Marta Iglesias will be based at C&NI’s Palma office. Camper & Nicholsons International has added Marta Iglesias to its team of charter brokers. Spanish-born Iglesias, who started her career with Camper & Nicholsons in 1988, joins the company from Fraser more »