Flagship: Diversity, how far have we come?

Flagship: Diversity, how far have we come?

Superyachting has, by its own admission, been slow to diversify its workforce. A typical yacht still features a predominantly Caucasian crew, with women working inside and men out on deck. However, over the past 10 years ripples of change have

Read Full Article
Year extension on double VAT charge for British yacht owners

Year extension on double VAT charge for British yacht owners

British superyacht owners with boats moored in EU waters have been granted a stay of execution after the UK government delayed plans to force them to pay a double VAT charge on their vessels after Britain leaves the EU. Customs

Read Full Article
Flagship: Virtual Reality ‘A Tool For Growth’

Flagship: Virtual Reality ‘A Tool For Growth’

Virtual Reality, also known as VR, is revolutionising how many of us enjoy entertainment and has been used to train astronauts, surgeons and even superyacht crew. Now, in a post-Covid-19 reality, VR has the potential to further benefit the superyacht

Read Full Article
Flagship: No show for yacht show, what’s the impact?

Flagship: No show for yacht show, what’s the impact?

Yacht show cancellations worldwide have left a calendar empty of almost all face-to-face events for the remainder of the year. One notable exception is the Fort Lauderdale International Boat Show, due to take place between October 28th – November 1st.

Read Full Article
Flagship: New Superyacht Eco Association Index set to make its mark

Flagship: New Superyacht Eco Association Index set to make its mark

The imminent global threat of climate change brings a rising tide of natural disasters, dwindling resources and disappearing species that requires action from all industries to curb. Superyachting is no different. Marine traffic is responsible for 18% of global emissions

Read Full Article
New Zealand’s closed borders ‘creating financial loss

New Zealand’s closed borders ‘creating financial loss

New Zealand’s closed border policy to guard against Covid-19 is creating significant financial losses to its superyacht sector, warns Duthie Lidgard, MD Catalano Shipping Services NZ. While the country has been relatively successful in combatting the virus, there is an

Read Full Article
GYG reports ‘positive momentum’ despite Covid-19

GYG reports ‘positive momentum’ despite Covid-19

Superyacht painting, maintenance and supply firm, GYG has released its interim results for the first half of 2020. The firm, which trades primarily as Pinmar, Pinmar Supply, and Technocraft, said it has positive momentum with a record order book going

Read Full Article
Closing borders to non-native crews ‘draconian’, says captain

Closing borders to non-native crews ‘draconian’, says captain

The shutting of Australian and New Zealand borders to all non-native yachts and crews is “draconian and unhelpful to say the least”, according to captain Iain Flockhart. He was reacting to the news that crews of hundreds of ocean-going yachts

Read Full Article
Superyacht Lady MM catches fire off Sardinian coast

Superyacht Lady MM catches fire off Sardinian coast

A large fire has broken out on board the 48 metre superyacht Lady MM, requiring guests and crew to evacuate the vessel for their safety. It has been reported that the 17 year old yacht issued a distress signal at

Read Full Article
VesselsValue: 40 metre superyachts value has dropped 4.6% YoY

VesselsValue: 40 metre superyachts value has dropped 4.6% YoY

VesselsValue has revealed that 40 metre production yachts with a displacement hull form have dropped by 4.6% to USD $10.67m in value in this month compared to August 2019. Production yachts at 30 metres with planning hull form have dropped

Read Full Article

Superyacht Insight

Sign up for Superyacht Investor Email Insight

* indicates required