Yachting News
Leaving aside the facts that this Budget comes ahead of an EU Referendum in June and the Chancellor of the Exchequer, George Osborne, has designs on the Conservative leadership ahead of the next general election, what was of inter...
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A yacht that sold for more than £1.4 million in 2014 caught fire and was destroyed at Charlotte Amalie Harbour in the US Virgin Islands. It is not clear how the yacht, christened "Positive Energy," originally caught fire, but the ...
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GBP continued to trade weaker against its peers overnight, reaching 1.4100 vs USD and nearing 1.2710 vs €. This is ahead of todays ‘Budget’ which is expected to show further austerity measures are on the way for the UK – all of th...
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After announcing cuts in all the main ECB rates yesterday, the € staged a huge slump, falling to 1.3060 vs GBP, and EUR/USD hit 1.0835. Then the rally began…..
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GBP/EUR shot up past 1.3050 this afternoon as the ECB unexpectedly cut all of its rates, and boosted its QE program. The rate on cash left at the ECB overnight was cut from 10bps to -0.4%, and the benchmark ECB rate was cut to 0.
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In 2015, the Maritime Assistance Center (MAC) recorded a total of 508 incidents worldwide of which 20 involved yachts (excluding General Security Warnings). Although maritime incidents in the Caribbean are not as frequent as they ...
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There has been a lot of confusion since June 2015 about the new French Commercial Exemption conditions and enactment of the new French regulations governing VAT exemption. If the new conditions are more precise, there are still ma...
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When MSN 1858 came out to replace MSN 1802, there was an error made with the wording for required service to gain exemption from completing the Training Record Book for OOW 3000gt (Y) candidates.
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Northrop & Johnson Strategic Global Partner Goldfinch will unveil its new grand piano, designed precisely to perfectly fit the dimensions of a superyacht, at Northrop & Johnson’s display at the 2016 Palm Beach International Boat S...
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A German national has been killed and another has been injured after two masked gunmen boarded their yacht anchored at Wallilabou Bay in south west St. Vincent.
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In an effort to help stem people smuggling in the Aegean, Britain is deploying an amphibious landing ship. The ship, which carries a Wildcat helicopter, is expected to start operations in the coming days.
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Riva has announced that they will be Scuderia Ferrari’s official sponsor throughout the 2016 World Championship. The international yacht brand and the Prancing Horse’s single-seater racing machines will be competing together for t...
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Winners of the Superyacht Scholarship Competition, launched by Alison Rentoul, The Crew Coach, were announced in a live webinar today, 2 March.
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Global search and rescue charity MOAS (Migrant Offshore Aid Station) will begin a new mission in South East Asia on March 3 in the Andaman Sea. The M.Y. Phoenix and its crew will coordinate with local coast guards, navies, local N...
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A German national was found dead inside a drifting yacht in the southern Philippines, police said Saturday. The man was identified as Manfred Fritz Bajorat based on documents recovered from the yacht, police investigator Val Warre...
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If you asked a cross section of yacht crew what it was about the job that keeps them coming back I’m sure most would say that it’s the travel and lifestyle but, there are those like myself who may be a little more candid in acknow...
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RAI Amsterdam has designed a range of layout changes to this year’s METSTRADE Show, including the addition of a new hall.
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With Cyclone Winston having wreaked havoc across Fiji, YachtAid Global and the superyacht industry are mobilizing now to provide aid to the island nation.
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I was asked to write an article about the threat of 'small terror' for a publication that is upbeat and positive, contrary to the wave of negativity currently inundating the world. So this is it, scribed in February, 2016. Life i...
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GBP tumbled against all currencies as Boris Johnson added his substantial political weight to the NO campaign in UK, further pressuring PM Cameron’s stance in Europe. GBP/USD fell from 1.4400 to 1.4190, GBP/EUR was hit down from 1...
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The Dubai International Boat Show (DIBS), the region’s number one marine luxury, leisure and lifestyle industry event runs from 1-5 March. This year DIBS will focus on key sub-sectors including sailing, watersports and fishing, co...
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The Union Internationale Motonautique (UIM) is pleased to announce that the seventh edition of its World Champions Awards Giving Ceremony will be held on Saturday, March 5th, 2016 at the prestigious Sporting Monte-Carlo, Monaco. T...
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Global stock markets continued their decline, Japanese (-4% overnight) and Aussie shares slumped, leaving China and South Korea to play catch later this week, as they are closed for Lunar New Year. At time of writing, S&P futures ...
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At a time when rival major global sports events are struggling to contain spiralling costs, a report by independent auditors PWC has praised sailing’s premier round-the-world event, the Volvo Ocean Race, for halving the price of c...
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Ferretti Group’s new Security and Defense Division will focus on designing, developing and producing a new range of high-tech naval platforms with mission profiles and specifications precisely intended for the challenging conditio...
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Conceived as the very first Sport Utility Yacht, Aldo Manna delivered his Ocea Nemo 44 Concept to Naval Architect Fulvio de Simoni, with the brief to reconnect owners with a passion for the sea.
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The yacht was among €28m ($30.5m) worth of assets including real estate, luxury cars and company stakes sequestered in an investigation into three individuals and 10 companies, the finance police said in a statement.
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Captains and crew in the large yacht sector are invited to attend Nautilus International’s next seminar on the Maritime Labour Convention (MLC) 2006 in Cagnes-sur-Mer on 1 & 2 March 2016.
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The "last chance" operation to tow a listing cargo ship away from the French coast has succeeded, according to French Authorities.
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A team of experts are expected to make a final attempt on Monday to stop a cargo ship from crashing into France's Atlantic coast.
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