Shipyard insolvency risk raised by Covid-19: Here’s what to do

Shipyard insolvency risk raised by Covid-19: Here’s what to do

Vulnerable shipyards are at increased risk of insolvency due to the Covid-19 global pandemic and investors and owners should be vigilant to protect the value of their assets, according to the latest Superyacht Investor Town Hall online meeting. While Covid-19

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VAT in Spain falls mainly without wane

VAT in Spain falls mainly without wane

As the gateway to the Mediterranean, shouldn’t Spain be a dead cert as one of the most popular charter destinations in Europe? The reality is that the country relies purely upon its geography and has, until recently, offered no tax

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Denison Yachting and Wheels Up partner

Denison Yachting and Wheels Up partner

Denison Yachting has partnered with Wheels Up to offer its yacht owners, charter clients and Wheels Up members a private jet-to-yacht service. Guests can now fly Wheels Up directly from the airport of their choice to their yachting destination, the

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YPI Crew Salary Report 2020: ‘Rollercoaster of a year’

YPI Crew Salary Report 2020: ‘Rollercoaster of a year’

Last year “was a rollercoaster year” said Laurence Lewis, president of recruitment agency YPI CREW. The company has just published its annual crew salary report for 2020. There was a huge collapse of the recruitment market in April, followed by

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How long is a piece of string(ent underwriting)?

How long is a piece of string(ent underwriting)?

Well, just how long is it? Over the past 12 months the answer has certainly grown in length and complexity. A lot of lenders, whilst still happy to finance, have been making already stringent underwriting processes even more demanding. Yachts

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Ferretti Yachts 1000 launched: The largest ever built by the shipyard

Ferretti Yachts 1000 launched: The largest ever built by the shipyard

The first Ferretti Yachts 1000, the shipyard’s first 100% wide-body vessel, has been launched from the builder’s Cattolica-based facility in Italy. While only just unveiled, Ferretti Yachts said the 1000 looks “set to be a huge success”, with the first

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Thailand: Quarantine on your superyacht

Thailand: Quarantine on your superyacht

Thai officials have introduced a new initiative allowing tourists to spend their mandatory two-week quarantine period aboard a yacht. . In January, visitors were allowed to “quarantine” in golfing resorts, but now the government also rules that yachts are suitable

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Damen introduces new look SeaXplorer 77

Damen introduces new look SeaXplorer 77

Damen Yachting’s SeaXplorer 77 is getting a new look, following the first three sales from its range over 2020. The 76.9m (252 ft) 77 is the first in an updated SeaXplorer line-up, the result of a review by the in-house

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One dive for Triton, one giant leap for deep sea exploration

One dive for Triton, one giant leap for deep sea exploration

More people have been to the Moon than have dived the near 7 miles (11km) to the bottom of Challenger Deep, the deepest part of the Mariana Trench. As we prepare to send manned missions to Mars we still have explored

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Flagship: Scenting strong demand ahead

Flagship: Scenting strong demand ahead

Relief at the success achieved in 2020 and the scent of strong demand this year, partly from new entrants, were the twin themes of Superyacht Investor’s inaugural Town Hall online meeting last week. Despite early industry fears of a disastrous

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