The risks of over insurance: M/Y GALATEA

The risks of over insurance: M/Y GALATEA

Andrew Spyrou, Holman Fenwick Willan, considers the recent case of Riva’s M/Y GALATEA, which was destroyed by fire in an Athens Marina.  The owners sought €13 million from the insurers of the vessel as she was a constructive total loss, but

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Nautica Italiana’s plans to boost nautical industry

Nautica Italiana’s plans to boost nautical industry

Nautica Italiana, an association comprised of leading Italian nautical companies, have presented “Nautica 365″; their new strategy of legislative proposals and events to promote the growth of the Italian industry. “Today, in the prestigious location Panorama in Milan, where we were honored

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A guide to the Marshall Islands Registry’s new category

A guide to the Marshall Islands Registry’s new category

Oceanskies explains the Marshall Islands Registry’s latest yacht category: ‘Yacht Engaged in Trade’ (YET).   The Republic of the Marshall Islands Registry (RMI) has announced the launch of a new category of yacht registration known as ‘Yacht Engaged In Trade’

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A guide to buying a superyacht

A guide to buying a superyacht

Daniel Crockford, Keystone Law, guides you through everything to consider both before and during a yacht transaction.  Buying a yacht can be equally exciting and daunting. But, as with all property transactions, knowledge really is power. Advisers “A lawyer may be seen

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The superyacht industry is changing

The superyacht industry is changing

Ken Griggs and Simon Roberts from Dominion Marine discuss the “VAT minefield” in Europe and the implications this will have on the superyacht industry. The pressure is mounting in the European Union for all member states to reduce their budget deficits.

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Iran still a yacht market of the future

Iran still a yacht market of the future

A lot of industries are getting excited about Iran. After 36 years of sanctions, the country may be about to be opened up and there will be lots of opportunities. Iran is the second largest economy in the Middle East

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How low can we go?

How low can we go?

NOTE: The below originally appeared as the editorial in our September 22 Superyacht Investor Insight newsletter. To find out more, and sign up for free, please fill out the form to the right.   Last week the US Federal Open Market

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Choosing the right yacht register

Choosing the right yacht register

Gabriel Gonzalez, Register-a-Yacht, explains how buyers should choose where to register their yacht. Registering a newly acquired yacht is often one of the last steps that yacht owners will need to complete before they can actually sail and enjoy the

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Overmarine takes on Lebanese market

Overmarine takes on Lebanese market

The Overmarine Group have signed a new work agreement for Lebanon with Yacht Vision during the recent Yachting Festival in Cannes. This comes as part of a recent strategy to internationalise the Mangusta. The first Mangusta 132 was launched in

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Isle of Man Registry goes online

Isle of Man Registry goes online

The Isle of Man Ship Registry announced today that they will start processing applications for STCW (Standards of Training, Certification and Watchkeeping) endorsements online. An STWC endorsement signifies that the bearer meets certain safety and training standards and is required for mariners to

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