The secret to successfully launching a new build yacht

The secret to successfully launching a new build yacht

Superyachts are a business and staff are the most important cog in the wheel, according to Tim Clarke, managing director, Quay Crew. He explains how they can play a key role in new builds. Creating a new build yacht is

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Flagship: The Empire Strikes VAT

Flagship: The Empire Strikes VAT

Recent changes in the tax treatment of short and long term charters in French waters had been expected for a long time following European Commission (EC) pressure. Initially, Italy, Cyprus, Malta and Greece had come under fire from the EC

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Flagship: A charterer for all seasons

Flagship: A charterer for all seasons

This summer’s charter season really did require a charterer for all seasons – much like the 1966 movie A Man For All Seasons. Charterers needed to be versatile, flexible and ready to cope with any contingency whilst delivering service appropriate to every

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Sanlorenzo: ‘Solidity and resilience’ reflected in Q3 results

Sanlorenzo: ‘Solidity and resilience’ reflected in Q3 results

Sanlorenzo’s third-quarter results demonstrate “solidity and resilience” are reflected in the third quarter results Massimo Perotti, the company’s Executive Chairperson, said during Monday’s meeting of the board. Net revenues from the sale of new yachts for 2020 reached €322.6m, down

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Flagship: Business booming stateside

Flagship: Business booming stateside

Staycation is a term we have all become more familiar with since March. In the US yachting world, the reality is no different. The market growth which began in September 2019 has continued, bar a slight stutter due to March’s

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Rosetti to build new facility for 100m superyachts

Rosetti to build new facility for 100m superyachts

Rosetti Superyachts (RSY) is expanding its facilities to accommodate construction of 100m-plus superyachts. RSY has obtained planning approval from local authorities for an improvement to its current facility the San Vitale shipyard in Ravenna, northern Italy. Ermanno Bellettini, CEO of

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Sanlorenzo and UniCredit announce credit deal worth €20m

Sanlorenzo and UniCredit announce credit deal worth €20m

Sanlorenzo and UniCredit have signed an agreement for a credit line of €15m aimed at supporting companies within the shipbuilder’s production chain. The agreement allows immediate access to liquidity, funds will be available to Sanlorenzo suppliers first to finance their

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