OPINION: Yachting takes centre stage thanks to three glitzy shows and Greta

OPINION: Yachting takes centre stage thanks to three glitzy shows and Greta

Glitzy yacht shows – featuring vessels such as the 80-metre Excellence – and climate change campaigner Greta Thunberg are helping to raise the profile of yachting. The global yachting industry is about to enjoy a moment in the sun, courtesy

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Superyacht market to reach $10.2 billion by 2025

Superyacht market to reach $10.2 billion by 2025

Global luxury yacht demand is projected to grow at a CAGR of 3.8% between 2018 to 2025. The global superyacht market is predicted to reach a value of $10.2 billion by 2025 – achieving a compound annual growth rate (CAGR) of

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Moonen Yachts to boost production, after new owners’ identity is revealed

Moonen Yachts to boost production, after new owners’ identity is revealed

Moonen is to lift production to two to three superyachts a year, after its acquisition by Matthew and Louise Baxter. Superyacht builder Moonen Yachts is to “scale up production” its CEO, Johan Dubbelman, has pledged after the new owners of

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VAT and superyachts: four key questions answered

VAT and superyachts: four key questions answered

Taxing questions: Ezio Vannucci, from law firm Moores Rowland Partners, answers four key questions about VAT. The European Commission’s decision to target tax breaks offered in the Italian and Cypriot yacht industries raises key questions about the interpretation of VAT

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Shopping for a superyacht? Answer these six key questions first: Heesen Yachts

Shopping for a superyacht? Answer these six key questions first: Heesen Yachts

Consider these six questions before shopping for a superyacht, advises Arthur Brouwer, CEO of Heesen Yachts. So, you’re thinking of buying a superyacht? Then, it will pay to consider the six points on this check list before talking to your

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EU VAT action against Italian and Cypriot yacht sectors ‘no surprise’ but who’s next?

EU VAT action against Italian and Cypriot yacht sectors ‘no surprise’ but who’s next?

Navigating murky waters: what lies behind the EU’s decision to curb tax breaks offered by the Italian and Cypriot yacht sectors? Perhaps the biggest surprise about the EU Commission’s decision to target tax breaks offered in the Italian and Cypriot

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Superyacht painting firm predicts rosy year-end results

Superyacht painting firm predicts rosy year-end results

Superyacht painting firm GYG predicts full-year results will be ahead of market expectations. The superyacht painting, supply and maintenance firm GYG has predicted rosy year-end results in its latest trading update covering the first half of this year. “Profit performance

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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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Repossession of the M/Y NATITA by Goldman Sachs shows how hard private banks work to avoid taking yachts back

Repossession of the M/Y NATITA by Goldman Sachs shows how hard private banks work to avoid taking yachts back

This month’s widely reported repossession of the M/Y Natita by Goldman Sachs demonstrates how hard private banks work to avoid taking yachts back. The biggest reason that private banks finance yachts, jets or art is defensive. They offer it as

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Sailing Yacht A released from arrest

Sailing Yacht A released from arrest

Sailing Yacht A was released from arrest today. Liam Yeats, registrar for the Judiciary in Gibraltar, has told Superyacht Investor that Sailing Yacht A has been released by the Gibraltar Port Authority. The world’s largest sailing yacht was arrested following

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