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Superyacht industry accounts for $22 billion globally according to new report

Superyacht industry accounts for $22 billion globally according to new report

The superyacht industry accounts for $22 billion globally according to “The State of Wealth, Luxury and Yachting 2016” report released by marketing consultant Wealth-X and superyacht sales and charter company Camper & Nicholsons addressing the habits of the world’s ultra-wealthy.

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Yachts and Malta – Tax, VAT and all that goes with it

Yachts and Malta – Tax, VAT and all that goes with it

The past few years have seen numerous published articles talk about Malta being the number one EU destination for maritime excellence. Many of these articles concentrate on the niche area of what makes Malta advantageous for commercial and pleasure yachting,

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Terrorist threats and social top list of superyacht security issues

Terrorist threats and social top list of superyacht security issues

Security and the safety of superyacht owners and their crew was on topic at the Superyacht Investor London 2016 event at the Hyatt Recency London – The Churchill this week with criminals tracking yachts through careless social media postings and

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VAT update: changes to French Commercial Exemption

VAT update: changes to French Commercial Exemption

Dominion Marine discuss the recent changes to French Exemption for commercial yachts  Following the 2013 ECJ ruling against France and the French Exemption for commercial yachts, the French Authorities have produced new regulations BOFIP 1205-15. These regulations set out the

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Benetti leads superyacht sales in Americas

Benetti leads superyacht sales in Americas

Benetti have been confirmed as the leading shipyard for sales in the Americas for 2015. They have made eight sales out of a worldwide total of eighteen in the American market, a market that the Italian shipyard has directed a

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Nautica Italiana’s plans to boost nautical industry

Nautica Italiana’s plans to boost nautical industry

Nautica Italiana, an association comprised of leading Italian nautical companies, have presented “Nautica 365″; their new strategy of legislative proposals and events to promote the growth of the Italian industry. “Today, in the prestigious location Panorama in Milan, where we were honored

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The superyacht industry is changing

The superyacht industry is changing

Ken Griggs and Simon Roberts from Dominion Marine discuss the “VAT minefield” in Europe and the implications this will have on the superyacht industry. The pressure is mounting in the European Union for all member states to reduce their budget deficits.

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Iran still a yacht market of the future

Iran still a yacht market of the future

A lot of industries are getting excited about Iran. After 36 years of sanctions, the country may be about to be opened up and there will be lots of opportunities. Iran is the second largest economy in the Middle East

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How low can we go?

How low can we go?

NOTE: The below originally appeared as the editorial in our September 22 Superyacht Investor Insight newsletter. To find out more, and sign up for free, please fill out the form to the right.   Last week the US Federal Open Market

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Overmarine takes on Lebanese market

Overmarine takes on Lebanese market

The Overmarine Group have signed a new work agreement for Lebanon with Yacht Vision during the recent Yachting Festival in Cannes. This comes as part of a recent strategy to internationalise the Mangusta. The first Mangusta 132 was launched in

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