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Tag "superyacht"

Ex ‘Indian Empress’ owner faces extradition and former crew receive outstanding wages

Ex ‘Indian Empress’ owner faces extradition and former crew receive outstanding wages

The former owner of the superyacht Indian Empress, Vijay Mallya has been told by Westminster Magistrates Court that he can be extradited to India to face allegations of fraud and money laundering. On Monday the court rejected arguments made by

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Indonesian government courts superyacht owners by removing luxury tax

Indonesian government courts superyacht owners by removing luxury tax

The Indonesian government is hoping to entice superyachts to visit the country by removing tax barriers for owners. ‘The luxury goods tax’ will be scrapped immediately for yachts entering Indonesian waters. The finance ministry indicated in July that due to

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When will the Chinese superyacht market take off?

When will the Chinese superyacht market take off?

China has been a growing market for business jets, commercial aviation and helicopters for several years. However, the world’s second-largest economy has yet to witness comparable growth in superyachts. Talk of China as an emerging superyacht market really kicked off

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Tom Cruise and Father Christmas cross makes ideal helicopter pilot

Tom Cruise and Father Christmas cross makes ideal helicopter pilot

A superyacht helicopter pilot must have the combined talents of Tom Cruise as Maverick in Top Gun and Old Nick himself, Father Christmas, according to an expert panel at the inaugural Superyacht Investor London event. Nigel Watson, chief executive of

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Valentine’s Day Kiss

Valentine’s Day Kiss

In Valentine’s Day spirit, Feadship launched their 46.4 metre motoryacht Kiss today. Feadship collaborated with the same designers who worked on the 46.22 metre Como, launched in 2014. With regards to the numerous awards won by Como, Feadship director Henk de Vries said “With

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World’s first hybrid superyacht

World’s first hybrid superyacht

Feadship has launched the world’s first hybrid superyacht. 83.5 metre Savannah features an eco-friendly blend of single diesel engine, three gensets, batteries, propeller, azimuting thruster and a streamlined hull shape. Savannah was inspired by the 2010 Feadship Future Concept Breathe. It showcases a

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