Pantaenius: Capacity could be tested by hurricane season

Pantaenius: Capacity could be tested by hurricane season

The capacity of A rated yacht insurance could be tested if an Atlantic hurricane season similar to 2017’s was to happen again, Jane Smith, Pantaenius’ head of commercial partnerships told Superyacht Investor. In 2018 there was a major reduction in

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‘Business booms for Covid-secure yachts’ – Credit Suisse

‘Business booms for Covid-secure yachts’ – Credit Suisse

Business is “booming” for luxury yachts, as owners, including some first-time buyers, prioritise Covid-19 security for their families, friends and contacts, Michel Buffat, from Credit Suisse, told Superyacht Investor’s recent Town Hall. “We have seen some people, who chartered before, have now

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Nobiskrug’s search for investment makes ‘promising start’

Nobiskrug’s search for investment makes ‘promising start’

“My goal is to find an investor by the end of June,” said Hendrik Gittermann, the preliminary insolvency administrator assigned to Nobiskrug, following its recent filing for insolvency. Gittermann who works for Hamburg-based law firm REIMER, has commissioned PwC with

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Nobiskrug insolvency ‘no complete surprise’

Nobiskrug insolvency ‘no complete surprise’

The insolvency of German shipyard, Nobiskrug, was no “complete surprise” Jay Tooker, partner, HFW told Superyacht Investor. The yard, which constructed Sailing Yacht A, filed for insolvency earlier this week. Nobiskrug (NBK) is operated under Privinvest, an international shipbuilding group.

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SEA Index receives endorsement from Lloyd’s Register

SEA Index receives endorsement from Lloyd’s Register

The Superyacht Eco Association’s (SEA) Index has been endorsed by Lloyd’s Register. The endorsement of the free-to-use superyacht environmental ratings tool was announced by the SEA at the tenth La Belle Classe Superyacht Environmental Symposium, part of Monaco Ocean Week,

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Hydrogen Viking, dictating play?

Hydrogen Viking, dictating play?

A superyacht powered solely by hydrogen which should be sea ready by next summer and up for private sale – sounds a little farfetched? Well, that vessel is currently under construction in Bergen, Norway. When complete Hydrogen Viking will be world’s fastest hydrogen-powered

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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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Flagship: Unchartered waters (but not for long)

Flagship: Unchartered waters (but not for long)

Over the past decade or so superyacht charter has begun to separate from tradition. A growing trend of exploration and philanthropic work has led to the birth of a fleet of explorer and research yachts. Expedition charters aside, the Covid-19

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Coutts reshaping offering for UHNW clients

Coutts reshaping offering for UHNW clients

Coutts is redeveloping its Private Office offering under the name of Coutts Family Office (CFO). The new-look service offer combines strategic partnerships from within NatWest Group (NWG) and relationships with external providers into one team. This means domestic and international

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Inmarsat passes 10,000-vessel Fleet Xpress installation milestone

Inmarsat passes 10,000-vessel Fleet Xpress installation milestone

Inmarsat has completed its 10,000th Fleet Xpress vessel installation. Fleet Xpress is a global connectivity platform for vessels, with ship data consumption doubling during 2020, Inmarsat said an increasing number of superyacht owners and managers are among those benefiting from

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