Karamine completes refit of semi-submersible support ship

Karamine completes refit of semi-submersible support ship

The refit of 146m (479ft) semi-submersible support yacht, OK has been completed by Turkish-based Karmarine Shipyard. Built back in 1982 by Oshima Shipbuilding and originally named AS Super Servant 3, the vessel is now back on the water as an

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Luxury tax has potential to ‘destroy’ Canadian yachting market

Luxury tax has potential to ‘destroy’ Canadian yachting market

Canada has an incredible marine landscape for half the year, when it’s not frozen, and plays host to a diverse range of yachts and boats. Take Canada’s growing west coast city of Vancouver, which is home to a number of

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Waypoints acquires Virgin Islands-based CYO

Waypoints acquires Virgin Islands-based CYO

Waypoints Yacht Charters has acquired Virgin Islands-based CYOA Yacht Charters and will take over its Frenchtown, St. Thomas base. Kirstie Palmer, president and partner at Waypoints Yacht Charters, said: “The convenience of the St. Thomas base makes it a perfect

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Nobiskrug project 794 towed to Lürssen

Nobiskrug project 794 towed to Lürssen

A partly constructed superyacht, now known as Project Cap d’Ail, has been delivered to Lürssen’s Lemwerder shipyard in northern Germany. The vessel, which was previously named Project 794, was towed Lürssens facility on Saturday (January 22, 2022). The 61.95-metre superyacht

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Perini Navi auctioned to Italian Sea Group for €80m

Perini Navi auctioned to Italian Sea Group for €80m

The Italian Sea Group (ISG) made the winning bid in the auction for sailing superyacht specialist, Perini Navi. ISG bid €80m ($90.2m) through its subsidiary, New Sail at the auction held by the Lucca Court, Italy. Giovanni Costantino, ISG, founder

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Flagship: Henk de Vries on building through a boom

Flagship: Henk de Vries on building through a boom

If you (pandemic restrictions permitting), walked into any shipyard or brokerage over the past 12 months there’s a chance you heard talk of unprecedented demand, refit craftsmen at full tilt and not a slot to be seen until at least 2024.

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Duty on US built yachts in the EU suspended

Duty on US built yachts in the EU suspended

The duties on US-built yachts have been suspended by the EU Commission until the end of December 2023. There was a 25% duty ad valorem applicable to yachts built in the US since June 2018. However, these duties have been

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Hakvoort signs largest new build to date

Hakvoort signs largest new build to date

Dutch shipyard, Royal Hakvoort has agreed terms with Fraser to build its largest new-build project to date. The 65m (213ft), 1,435GT vessel, dubbed Project YN254, is set for delivery in 2025.  Construction will commence at Hakvoort’s Monnickendam facilities imminently. The

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Superyacht docked for two decades up for auction

Superyacht docked for two decades up for auction

The half-completed superyacht, Bella T, which has been moored dockside in Cape Town since 2001, is to go on auction this March. Vessel sales specialists Solution Strategists, is to hold the auction which will take place at 9:00am GMT on

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Cantiere delle Marche launches all-new explorer

Cantiere delle Marche launches all-new explorer

Cantiere delle Marche (CdM) has launched its all-new Darwin 106 explorer yacht, Uptight, following a two-year construction for an American owner. The launch is a further indication of CdM’s growing presence in the US market, according to co-founder and Sales

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