British entrepreneur buys Oyster Marine

British entrepreneur buys Oyster Marine

After entering administration last month, Southampton-based yacht builder Oyster Marine has found a buyer – British entrepreneur Richard Hadida. The company stopped trading on 7 February after failing to secure necessary financial support to continue operating. The sites that took

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EC’s Moscovici suddenly decides he does not like yacht leases in some EU countries

EC’s Moscovici suddenly decides he does not like yacht leases in some EU countries

The Mossack Fonseca Panama Paper leaks led to the resignations of two prime ministers, marches in cities around the world, spawned hundreds of investigations and led to thousands of articles. When it was first revealed that Appleby – a much

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Yachts trending up, crew heading in

Yachts trending up, crew heading in

Yacht crew are moving onto bigger vessels, with the largest percentage of crew position jobs on offer being on vessels over 71 metres. According to recent data from the Clermont-Ferrand recruitment firm YPI Crew, 39% of crew jobs being offered

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Malta fights back against EU

Malta fights back against EU

The Malta Maritime Law Association, the Malta Maritime Forum, the Yachting Services Trade Section by within the Malta Chamber of Commerce, Enterprise and Industry and the Super Yacht Industry Network Malta refer to the recent Notice of Infringement sent to

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EU accuses Cyprus, Greece and Malta of yacht “tax evasion”

EU accuses Cyprus, Greece and Malta of yacht “tax evasion”

The EU has sent letters of formal notice to Cyprus, Greece and Malta alleging that they have not been charging the correct amount of Value-Added Tax (VAT) on yachts. All three countries offer leasing schemes. They now have two months

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M/Y Equanimity seized in 1MDB investigation

M/Y Equanimity seized in 1MDB investigation

A 92-metre superyacht M/Y Equanimity has been arrested in Indonesia after its owner, Malaysian financier Jho Low, was accused of misusing government funds to purchase the asset. The U.S. Department of Justice began looking into the financier in 2016 as

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Floating Life to host fifth annual Captains Meeting in Monte Carlo

Floating Life to host fifth annual Captains Meeting in Monte Carlo

Yacht management firm Floating Life will be holding its fifth annual Captains Meeting in Monte Carlo over two days on 8-9 March. The two-day event will be hosted by Andrea Pezzini, Director of Floating Life, and Enrico Ursomando, Sector manager

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A large yacht for a small painting

A large yacht for a small painting

One of the world’s largest and best-known yachts in place of a Leonardo? No, we’re not talking of a spanking new helicopter from the Leonardo aerospace group – rather a 500 years old piece of walnut covered with oil paint.

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Oceanco launches Project Shark

Oceanco launches Project Shark

Netherlands yacht builder Oceanco has launched a new 90 metre superyacht – Project Shark. Project Shark is designed by Miami-based design house Luiz DeBasto with interiors by Italian interior designer Nuvolari Lenard. It has a beam of 14.2 metres and

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Project Ayla launched

Project Ayla launched

Heesen has launched its new 50 metre flagship Project Ayla, now christened White by its owner. The yacht has set sail from the Heesen Shipyard in Oss. It is travelling to the North Sea to undergo testing before being delivered

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