Press

Balearic government seeks to maximise capacity of existing facilities
As part of a review of the maritime sector of the Balearic Islands for the next 15 years a decision not to permit any new marina projects has been taken.
The objective behind this significant decision for a major yachting destination within the Mediterranean is that the government will seek to maximise the capacity of existing facilities. This includes making the most of the current potential for existing marinas while in some areas of the islands increasing the capacity through repairs and maintenance.

https://www.ibinews.com/ban-on-new-marinas-in-the-balearic-islands-for-the-next-15-years/33157.article?utm_medium=email&utm_campaign=Daily%20IBI%20Daily%20News%20Email&utm_content=Daily%20IBI%20Daily%20News%20Email+CID_6fc436d05e4247cf72a14bfc16ae102d&utm_source=Campaign%20Monitor%20emails&utm_term=Ban%20on%20new%20marinas%20in%20the%20Balearic%20Islands%20for%20the%20next%2015%20years

Ban on new marinas in the Balearic Islands for the next 15 years _ News _ In

The MB92 Group has become an exclusive provider of maintenance, repair and warranty work in Barcelona for new and existing Feadship customers
The MB92 Group has been chosen to form part of Feadship’s new Services Network. Alongside Amico & Co, Monaco Marine and Rybovich, MB92 will be an exclusive provider of maintenance, repair and warranty work in Barcelona for new and existing Feadship customers.

https://www.ibinews.com/mb92-joins-feadship-services-network/33083.article?utm_medium=email&utm_campaign=Weekly%20IBI%20Daily%20News%20Email&utm_content=Weekly%20IBI%20Daily%20News%20Email+CID_e019fbae893197fb7dc67e2232096138&utm_source=Campaign%20Monitor%20emails&utm_term=MB92%20joins%20Feadship%20Services%20Network

MB92 joins Feadship Services Network _ News _ International Boat Industry

New scheme applies to both domestic and foreign-flagged vessels
As part of Greece’s strategy to expand and better manage its marine tourist sector, the country this week launched a new electronic registration scheme. This scheme has been launched by the Greek Independent Authority for Public Revenue (AADE).

Boating e-registry system launches in Greece _ News _ International Boat Ind

https://www.ibinews.com/regulation/boating-e-registry-system-launches-in-greece/33063.article?utm_medium=email&utm_campaign=Daily%20IBI%20Daily%20News%20Email&utm_content=Daily%20IBI%20Daily%20News%20Email+CID_d671d5b213e3ef283d172f2f4133ac01&utm_source=Campaign%20Monitor%20emails&utm_term=Boating%20e-registry%20system%20launches%20in%20Greece

Boating e-registry system launches in Greece _ News _ International Boat Ind

An information note sets out the position of the Spanish tax authorities under the UCC relating to yachting…

On 10 October, 2018, the Department of Customs and Duties of the Spanish Tax Agency (AEAT) published an information note in which it clarifies various interpretative criteria relating to the entry and exit of yachts into and from the Union Customs Territory (UCT), as well as the use of the Temporary Admission (TA) scheme under the Union Customs Code (UCC). Miguel Ángel Serra Guasch, Partner at Albors Galiano Portales, summarises the points that the note sets out in the following:

· Upon entry or exit of Spanish waters, yachts without ‘Union good’ status (i.e. yachts not wholly manufactured in the UCT, not having paid the corresponding VAT or imported and released for free circulation within the UCT), which meet the requirements to be subject to the TA scheme (when the yacht is registered outside the UCT, in the name of a person resident outside the UCT and is also used by a person resident outside the UCT), do not have to lodge any type of express declaration to Customs. Instead, the mere crossing of the border, which is understood as 12 nautical miles from the coast, is sufficient.

More information:
http://www.superyachtnews.com/business/spanish-customs-puts-interpretation-of-the-union-customs-code-in-writing?utm_campaign=SYN+Bulletin+%2830.10.18%29&utm_source=emailCampaign&utm_content=&utm_medium=email

SuperyachtNews.com – Business – Spanish Customs clarifies interpretation of

Pendennis has announced a major investment in the Barcelona-based marina…
Pendennis, the British superyacht new build and refit specialist, has announced a major investment in Vilanova Grand Marina, Barcelona. Vilanova Grand Marina has 49 superyacht berths available for vessels between 25-130m with a maximum draft of 6.5m. However, until Pendennis announced its investment in the facility, the marina had been lacking a technical centre in order to service these superyachts and others that may be in the region.

More information:
http://www.superyachtnews.com/business/pendennis-announces-investment-in-vilanova-grand-marina-?utm_campaign=SYN+Bulletin+%2816.10.18%29&utm_source=emailCampaign&utm_content=&utm_medium=email

SuperyachtNews.com – Business – Pendennis announces investment in Vilanova G

La Ciotat Shipyards awards 35-year concession for 4,000-tonne shiplift to MB92
An €84m investment in expanding its facilities was announced by La Ciotat Shipyards at the recent Monaco Yacht Show. The €84m included €64m for a new 4,000-tonne capacity shiplift facility and €20m for a new marina village.

More information:
https://plus.ibinews.com/article/Gmi2WTSSn0Y/2018/10/03/mb92_wins_la_ciotat_shiplift_concession/

MB92 wins La Ciotat shiplift concession _ IBI Plus International Boat Indust

Following its acquisition last year by the MB92 Group, Compositeworks will undergo a rebrand…
MB92 Group has announced that, following its acquisition of Compositeworks, the La Ciotat-based shipyard, of which it claimed a majority stake on 31 October 2017, a unanimous decision has been made for the facility to undergo a rebrand to become MB92 La Ciotat. The work to ensure that the French arm of the group is on brand will be taking place over the coming weeks.

http://www.superyachtnews.com/business/compositeworks-to-become-mb92-la-ciotat?utm_campaign=SYN+Bulletin+%2811.09.18%29&utm_source=emailCampaign&utm_content=&utm_medium=email

Compositeworks to become MB92 La Ciotat

Brokers offer their opinions on the summer 2018 charter season…
As the Mediterranean charter season is in full swing, there have been murmurings amongst industry stakeholders that the charter market has been slightly depressed this year. This anecdotal evidence is supported by the increasing number of marketing emails and notifications advertising last-minute or discounted charters, indicating a plethora of high-quality yachts still available. To ascertain if this is the case, and if this year’s season exhibits any other noticeable trends, SuperyachtNews spoke to charter brokers for their insights.

http://www.superyachtnews.com/owner/insight-into-the-2018-charter-market?utm_campaign=SYN+Bulletin+%2831.07.18%29&utm_source=emailCampaign&utm_content=&utm_medium=email

SuperyachtNews.com – Owner – Insight into the 2018 charter market

*Raphael Sauleau will head the Large Yacht Brokers Association for a three-year term
Raphael Sauleau, CEO of Monaco-based Fraser Yachts, has been elected president of the Large Yacht Brokers Association (LYBRA). Sauleau replaces outgoing president Jonathan Beckett and will lead the association for the next three years.

More information: https://plus.ibinews.com/article/7EQnKTrjKFs/2018/07/25/fraser_ceo_elected_lybra_president/

Fraser CEO elected LYBRA president _ IBI Plus International Boat Industry

*Marina Barcelona 92 will merge its activities in La Ciotat with Compositeworks SAS
Marina Barcelona 92 (MB92) has signed an agreement with Blohm+Voss, part of the Lürssen Group, to acquire their remaining 51% stake in Blohm+Voss La Ciotat, the exclusive operator of the dry dock at La Ciotat Shipyard in France.

https://plus.ibinews.com/article/4C6z4Rxgxf2/2018/07/18/mb92_acquires_blohmvoss_la_ciotat/

MB92 acquires Blohm+Voss La Ciotat _ IBI Plus International Boat Industry