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Does piracy remain a threat?

Does piracy remain a threat?

Gone are the days of Edward Teach’s men on the high seas, but, even if Blackbeard has left us, piracy is still a risk to be observed. Now the high-risk areas for global piracy are the Gulf of Guinea and

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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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Feadship launches 55m Somnium

Feadship launches 55m Somnium

The newest member of the Feadship fleet, Somnium emerged from the builder’s Aalsmeer yard in the Netherlands this week for final finishing and sea trials. The 55m vessel, named after the Latin word for dream, is the yard’s first pure

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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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Solaris has undergone trials in North Sea

Solaris has undergone trials in North Sea

The 140m superyacht Solaris, one of the largest private yachts launched in recent years, has been spotted undertaking sea trials in the North Sea. The yacht was photographed as she underwent trials last weekend. The sighting comes after the superyacht

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Shipyard insolvency risk raised by Covid-19: Here’s what to do

Shipyard insolvency risk raised by Covid-19: Here’s what to do

Vulnerable shipyards are at increased risk of insolvency due to the Covid-19 global pandemic and investors and owners should be vigilant to protect the value of their assets, according to the latest Superyacht Investor Town Hall online meeting. While Covid-19

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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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Denison Yachting and Wheels Up partner

Denison Yachting and Wheels Up partner

Denison Yachting has partnered with Wheels Up to offer its yacht owners, charter clients and Wheels Up members a private jet-to-yacht service. Guests can now fly Wheels Up directly from the airport of their choice to their yachting destination, the

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YPI Crew Salary Report 2020: ‘Rollercoaster of a year’

YPI Crew Salary Report 2020: ‘Rollercoaster of a year’

Last year “was a rollercoaster year” said Laurence Lewis, president of recruitment agency YPI CREW. The company has just published its annual crew salary report for 2020. There was a huge collapse of the recruitment market in April, followed by

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How long is a piece of string(ent underwriting)?

How long is a piece of string(ent underwriting)?

Well, just how long is it? Over the past 12 months the answer has certainly grown in length and complexity. A lot of lenders, whilst still happy to finance, have been making already stringent underwriting processes even more demanding. Yachts

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