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Superyacht Investor 2018 Live

Superyacht Investor 2018 Live

81% of delegates do not think you can make money by owning superyachts and chartering them out. “If investors want in, do what you think investors will buy, then build it” – Anthony Moore, Momentum Superyacht Group 63% of delegates

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Super Yachts: What’s Special About Malta?

Super Yachts: What’s Special About Malta?

Malta, having the largest maritime registry in Europe and the sixth largest in the world, vaunts of close to 4,700 yachts registered under its flag, 85% of which are yachts over 24 metres. In light of this, one wonders, what

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Burgess moves into Shanghai

Burgess moves into Shanghai

Burgess has opened up a new office in Shanghai in partnership with Beijing yacht servicing company IYAT. Two years after the launch of its Asian business arm in 2015, Burgess is establishing a new base in Shanghai, headed up by

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DAMEN/AMELS sells Game Changer

DAMEN/AMELS sells Game Changer

Netherlands shipyard DAMEN has sold its fourth support vessel, the 70-metre Game Changer. It is not being shipped straight to its owner, however. It is heading back to DAMEN’s shipyard in Gorinchem, Holland, for unspecified modifications. DAMEN’s subsidiary AMELS handled

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SY32 project up for sale as it heads to scrap

SY32 project up for sale as it heads to scrap

New Zealand demolition firm Ward Demolition Limited is planning to scrap the 49.5-metre Project SY32 in March. However, it is offering the unfinished project for sale before being demolished. The unfinished yacht was seized in March last year after its

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SMS acquires Burgess Marine and Global Services

SMS acquires Burgess Marine and Global Services

Southampton Marine Services (SMS) has acquired Burgess Marine and Global Services. Just over a year after ship repair and refit company Burgess Marine acquired all of yacht service provider Global Services, it went into administration last week. Yesterday, SMS announced

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Rosetti Superyachts: Fulvio Dodich interview

Rosetti Superyachts: Fulvio Dodich interview

Fulvio Dodich is the chairman of newly-established Rosetti Superyachts, a subsidiary of Rosetti Group. How is business? “It has been very busy. When you start a new venture, you have to keep the line of people as short as possible

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FLIBS attendance up 7% for 2017, number of vessels up 4%

FLIBS attendance up 7% for 2017, number of vessels up 4%

Fort Lauderdale Boat Show 2017 (FLIBS) saw a substantial increase in attendance and number of vessels over last year, with overall attendance up seven percent and the number of boats of display up 4%. There was a 9% increase in

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Rosetti Marino enters superyacht market

Rosetti Marino enters superyacht market

Italian commercial shipbuilder Rosetti Marino is entering into the superyacht market with a new subsidiary – Rosetti Superyachts. Rosetti Marino specialises in constructing custom-built, offshore and onshore oil and gas vessels, tug boats and ferries. Rosetti Superyachts will focus on designing

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Goldman Sachs sells Oceanco Natita following seizure

Goldman Sachs sells Oceanco Natita following seizure

Goldman Sachs has sold the yacht it seized from entrepreneur William Kallop for $27.5 million – a 30% discount on its $39.9 million asking price. On 15 July, Goldman Sachs seized the 66-metre superyacht S/Y Natita after Kallop defaulted on

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