Markel International and Pantaenius form superyacht insurance partnership

Markel International and Pantaenius form superyacht insurance partnership

More collaboration in the insurance market as Pantaenius, the long-established European insurance firm which focuses on providing cover for yachts, has entered into a partnership with insurance specialist Markel International. The collaboration will bring together Markel’s London market expertise and

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Auction for superyacht ‘Equanimity’ now closed

Auction for superyacht ‘Equanimity’ now closed

The auction for the seized superyacht Equanimity has now formally closed after a month of highly secretive bidding. It is expected that the sealed envelopes containing the bids will be opened tomorrow (29th October) by the Judicial Commissioner in Malaysia.

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Hourly superyacht charter in Sydney Harbour more profitable than weekly

Hourly superyacht charter in Sydney Harbour more profitable than weekly

‘Sydney Harbour Exclusives’ in Australia is offering customers the chance to charter superyachts by the hour. With owners and brokers looking to maximise revenues (particularly during low seasons) the hourly service enables people to experience luxury yachting while generating valuable

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Digital companies disrupt the superyacht industry

Digital companies disrupt the superyacht industry

The number of digital companies or “apps” entering the superyacht chartering market is increasing, but how concerned should the more established, traditional brokers be? With the atomic rise of online companies such as Uber and Airbnb the superyacht world in

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EU commission targets superyacht tax breaks in Italy

EU commission targets superyacht tax breaks in Italy

The European Commission took aim at the superyacht industry in Italy on Thursday, bolstering the EU’s efforts to combat tax avoidance in the wake of the ‘Paradise Papers’. The Commission sent a letter of formal notice to Italy for not levying the

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Sharia Court supports Russian oligarch in a divorce settlement dispute with ex-wife over superyacht

Sharia Court supports Russian oligarch in a divorce settlement dispute with ex-wife over superyacht

On Wednesday Dubai’s Sharia Court ruled in favour of Russian billionaire, Farkhad Akhmedov against his ex-wife Tatiana Akhmedov regarding ownership of superyacht Luna. In 2016 an England’s High Court of Justice ruled that Mr Akhmedov pay Ms Akhmedov £453 million as

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Tankoa S502 Eletta – 50-metre

Tankoa S502 Eletta – 50-metre

TANKOA S502 ELETTRA – 50-metre / 165’ HYBRID WORKS IN PROGRESS Tankoa 50-metre Elettra’s construction is progressing on schedule for delivery to her European owner in May 2019. Based on a similar design to Vertige, the first in 50-metre series,

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Sebastiano Fanizza new CCO at Benetti

Sebastiano Fanizza new CCO at Benetti

Italian shipyard Benetti has appointed Sebastiano Fanizza as chief commercial officer. Fanizza moves from Finish yard Nautor’s Swan. Franco Fusignani took up the position of chief executive officer in September having previously managed the business line operation. Fanizza who began

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Hiscox puts $13 million aside for Lurssen fire

Hiscox puts $13 million aside for Lurssen fire

Insurer Hiscox released its quarterly figures on November 5 highlighting a “Large marine loss for $13 million.” Hiscox have confirmed that the loss refers to the fire at Lurssen superyacht shipyard in Germany. The fire broke out on September 17

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After the storm in Rapallo, Italy

After the storm in Rapallo, Italy

On 30th October powerful storms hit Italy and tragically 11 people died. In the popular yachting town of Rapallo hundreds of yachts were damaged or destroyed. The harbour was home to several superyachts including the Berlusconi family’s superyacht Suegno. Footage

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