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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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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Sunreef Yachts’ new partnership: Own a floating installation

Sunreef Yachts’ new partnership: Own a floating installation

Sunreef Yachts has announced a partnership with Miami-based artist, Alexander Mijares, whose first piece, adorning a 70 Sunreef Power catamaran, is currently up for sale. The yacht with a fully wrapped hull, entitled Pieces of Me, was displayed at last

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She of the Sea, a small tender in a wider sea of change

She of the Sea, a small tender in a wider sea of change

With a copy of the gender diversity pledge in hand,  Natasha Ambrose, while far right is founder, Jenny Matthews.   She of the Sea founder, Jenny Matthews, said it herself, the mainstream media have not often portrayed the superyacht industry

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Sunseeker yacht, worth $4m, impounded over legal row in Florida port

Sunseeker yacht, worth $4m, impounded over legal row in Florida port

A $4m Sunseeker International 74 Sport Yacht has been impounded in a Florida port for nearly four months, during an unresolved legal row between the manufacturer, its US distributor, a broker and the yacht’s would-be owner.  US marshals arrested the

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Dubai court orders release of arrested superyacht Luna

Dubai court orders release of arrested superyacht Luna

A Dubai court has ordered the release of £350m superyacht, Luna, which has been centre stage in an ongoing legal battle between the Russian oil and gas magnate Farkhad Akhmedov and his former wife, Tatiana Akhmedova. The ruling has highlighted

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End of the French VAT lump-sum reduction, unchartered territory?

End of the French VAT lump-sum reduction, unchartered territory?

Under direction from the European Commission, French Tax Authorities announced on Thursday (30th January) that from March 30th 2020 a reduction on the proportion of time spent outside of French and EU waters will replace the current tax regulation governing

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