Sanlorenzo in positive position despite Covid-19 

Sanlorenzo in positive position despite Covid-19 

The Italian superyacht builder, Sanlorenzo, has published its latest preliminary financial results as of June 30th, indicating a net financial position between €24m and €26m, which it says represents a significant improvement compared with  €61m reported on 31st March.  Furthermore, adjusted earnings before

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View From The Bridge: Introducing the Virtual Shipyard

View From The Bridge: Introducing the Virtual Shipyard

Virtual shipyards can deliver practical benefits in the real world, according to captain Iain Flockhart. The concept of the virtual shipyard appears to be gaining popularity, writes captain Iain Flockhart. For those who don’t know what it is, here’s a

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View From The Bridge: Key points to consider when selecting an owner’s representative for a new build

View From The Bridge: Key points to consider when selecting an owner’s representative for a new build

Appointing an owner’s representative to oversee a shipyard project can avoid extra cost and confusion later on, argues captain Iain Flockhart. Based on some of my own less-than-ideal experiences with shipyards and those of colleagues who have discussed their experiences

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View From The Bridge: Myanmar is an emerging destination

View From The Bridge: Myanmar is an emerging destination

Amid the global Covid-19 pandemic, as travel restrictions for many grow ever tighter, it’s welcome relief to consider new destinations for yachts. Recently, with this in mind, my thoughts turned to Myanmar, writes captain Iain Flockhart. Having visited this enchanting

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Superyachting is a place of opportunity – although Covid-19 presents significant challenges

Superyachting is a place of opportunity – although Covid-19 presents significant challenges

The superyachting sector “has always been a place of opportunity” according to Dominic Bulfin, the newly appointed senior associate at luxury asset law firm, Bargate Murray, while acknowledging the tremendous challenges faced by the COVID-19 outbreak. The biggest opportunities are

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Superyacht owner developing home test kit for Covid-19

Superyacht owner developing home test kit for Covid-19

Science and technology entrepreneur Jonathan Rothberg is developing a home test kit for Covid-19, claimed to deliver results in 30 minutes, aboard his 55-metre superyacht, Gene Machine.  Appearing to tweet from Gene Machine’s onboard laboratory, Rothberg first announced his intention

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View From The Bridge: Coronavirus and watching the anchor chain

View From The Bridge: Coronavirus and watching the anchor chain

credit: Ralf Roletschek – GNU Free Documentation License, Version 1.2   I was very lucky to get off the island of Mallorca last Sunday (March 15), as the national lockdown that was scheduled for 08:00 Monday morning was brought forward

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Italian yacht charter market feeling impact of Covid-19 lockdown

Italian yacht charter market feeling impact of Covid-19 lockdown

Marco Sabadin/AFP via Getty Images   The yacht charter market has been brought to a standstill, particularly in Italy, where an industry leader described the boot of Europe as a “red zone”. Now the Caribbean charter season is drawing to

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Coronavirus causes global superyacht show cancellations

Coronavirus causes global superyacht show cancellations

Superyachting conferences and shows worldwide are being cancelled and postponed to protect public health due to the global coronavirus, also known as Covid-19, pandemic. Of the six international yacht and boat shows due to take place in March and April,

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Fire in the hold! Superyacht blazes, their causes and preventions

Fire in the hold! Superyacht blazes, their causes and preventions

[photo courtesy: Riviera24] Fires onboard superyachts account for about one fifth of the total paid out in yachting related claims by insurance firms each year, the most expensive claim type by some margin. Only last weekend in Portals Mallorca a

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