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Fastmount Ltd

Fastmount takes aim at upholstery with new clip from Textile Range

The manufacturer of hidden panel fasteners has created a new clip for upholstery fastening, the TC-SM6S More

Tax Marine Spain

A message for the Spanish Tax Authorities

We consider that there are at least four key points that Spanish tax authorities have the capacity to address and that would allow a vigorous boost to the superyacht industry in Spain. 1. Matriculation Tax In 2013, an amendment of the Spanish Excise Duty Law, made available to commercial yachts, regardless of their length, an exemption from the Spanish matriculation tax. However, the legal provision establishing this tax benefit stipulates that it won't be possible to hire the yacht to a re... More

Hill Robinson

Hill Robinson Offsets Predicted 2021 Carbon Footprint

Hill Robinson has taken a significant step in offsetting the carbon footprint with its involvement in a new ‘blue’ carbon project Mikoko Pamoja More

Tax Marine Spain

Temporary Admission - Customs formalities in Spain 2021

The TA regime is laid down in Articles 250 to 253 of the UCC. For the specific case of means of transport (yachts), the conditions to be fulfilled for granting total relief from import duty are established in Article 212 of the Commission Delegated Regulation (EU) 2015/2446 of 28 July 2015 Delegated Regulation (EU) No 952/2013 (“The DR”): “(a) they are registered outside the customs territory of the Union in the name of a person established outside that territory or ,where the means of trans... More

UKSA

UKSA’s Superyacht Cadetship Class of 2021 Graduate

The UKSA announce the graduate class from their flagship superyacht cadetship course More

MedAire

MSN 1905: Everything you need to know

WHAT IS MSN 1905? In March 2021, MSN 1905 was introduced, the first major update of its kind since MSN 1768, in 1995. The new regulation, set out by The Maritime Coastguard Agency (MCA), details the minimum requirements for medical stores onboard vessels. Superyachts that were required to meet the MSN 1768 standard will now have to meet the new requirements. WHAT HAS CHANGED? The updates bring medical supplies onboard more in line with medical best pract... More

Tax Marine Spain

British Flagged Yachts Charter licensing in Spain

Commercial yachts intending to charter in Spain must be in free in circulation, which means that VAT should have been paid or accounted for. Since Brexit, British-flagged yachts have been subject to some sort of uncertainty about their customs status and how that would affect their commercial operations in the EU. A consequence of the Brexit process, therefore, is that yachts must now be considered as either imported into the UK or into the rest of the EU27 Member States, but are no longer c... More

Sirius Technologies

International Marine Recruitment launches a new look

Global providers of maritime labour, International Marine Recruitment (IMR), have expanded and relaunched with a new look More

Tax Marine Spain

Yacht imports into Spanish territory

VAT must be paid on any yacht sailing EU waters unless it falls under the temporary import relief. The rules are not prescriptive about the basis for VAT except that it should represent the market value, but if you have bought it recently the price you paid could be used as a base value. Although the Spanish VAT rate (21%) is not one of the lowest in the EU, Spanish VAT on yachts can be reduced using a formula based on a "book" value that takes depreciation into account. Spanish Customs Inst... More

UKSA

UKSA puts diversity and inclusion at the top of the agenda

UKSA, the non-profit maritime charity, is thrilled to announce that it has signed the She of the Sea Pledge More

TEAM Italia srl

OCEAN REMOTE SUPPORT HAS DEVELOPED A SET OF PREVENTIVE MAINTENANCE SERVICES

TEAM Italia, international leader within the field of mega and maxi yachts, specializing in the integration and functional optimization of navigation, telecommunications, security and data transmission equipment, has developed a carefully planned Service and Maintenance Program that groups together a set of exclusive services of preventive maintenance activity on NAV–COM systems, in order to keep the equipment running efficiently and consequently increase their lifecycle. The main service ... More

Tax Marine Spain

UK RYA qualifications in Spain after Brexit

On the 10th February 2021 the Spanish Merchant Marine Directorate, as a result of the effects of Brexit, published an internal instruction establishing that UK RYA qualifications certificates were no longer acceptable for use on Spanish-flagged rental yachts. The publication of that instruction immediately caused great concern among the charter industry all across Spain due to the significant negative impact of such a decision, which could represent a 15% of business turned down. Fortunatel... More

Moravia Yachting

Moravia Yachting appoints William Molloy as Senior Charter Broker

Moravia Yachting is delighted to announce its appointment of William Molloy as Senior Charter Broker More

Moravia Yachting

New CA for Sale with Moravia Yachting

Moravia Yachting is pleased to welcome INDIGO STAR I to our fleet of central agency yachts for sale. The 38m INDIGO STAR I was built by Siar Moschini in 1995 and is presented for sale in fantastic condition following an extensive 2018 refit. This tri-deck motor yacht boasts a stylish and carefully considered interior design, which optimises the use of space to provide multiple seating and lounge areas. The interior cabinetry has a dark gloss wood finish and upholstery in neutral tones gi... More

Tax Marine Spain

"2021 in the Med" | Quaynote Round table

Latest fiscal amendments with impact in the superyacht chartering season 2021 in the Mediterranean: The below is a summary of the most relevant fiscal amendments with effect on the superyacht chartering activity in the Mediterranean which were discussed by representatives of different jurisdictions in the roundtable organized by Quaynote Thursday 18th in the course of “The future of Superyachts, Business Jets and Luxury Property Online Conference” France: The new situation for summ... More

Sirius Technologies

Why you should apply a ceramic coating to your yacht

Yachts naturally reside in places with warmer temperatures, and with hot weather comes additional UV exposure. Over time, salt water will seep into the gelcoat and once hit by UV rays, can heat up to boiling point. It’s this super-heated salt water that burns the gelcoat, causing an unsightly dulling yellowing effect that all yachts suffer from eventually, depending on the quality of the gelcoat. Being a porous substrate, gelcoat is also susceptible to staining near exhaust outlets as th... More

Tax Marine Spain

Yacht Engaged in Trade (YET) 2021 in Spain

The Yacht Engaged in Trade (YET) Scheme is a mechanism adopted by some flag states whereby private yachts obtain a Compliance Certificate and a Temporary Certificate of Registry authorizing the yacht to charter for up to a certain number of days per calendar year in EU waters. The scheme applies to registered private yachts of 24m or over, provided that they fully comply with the requirements for commercial yachts of the relevant Large Yacht Codes (LYC), as well as all other applicable natio... More

List General Contractor

Made in Austria: MY Artefact's luxurious interior

On board Superyacht MY Artefact, List General Contractor (List GC) got the opportunity to demonstrate its skills and did not disappoint More

Evolution Yacht Agents

EVOLUTION partners up with SABOR Provisions

We are very excited to announce that EVOLUTION´s PROVISIONING department is partnering up and joining forces with SABOR PROVISIONS More

Fastmount Ltd

Fastmount introduces flexible panel installation for solid substrates

New Zealand based manufacturer of hidden panel fasteners, Fastmount, has added two new clips to its Stratlock® Range: the SL-FC and SL-M10. The SL-FC / SL-FC-FR has been designed for solid-style substrates such as sheet metal, fibreglass, MDF or plywood, for customers who don't use framework but want the benefits of flexible panel installation that the Stratlock Range provides. The SL-M10 combines the qualities of the SL-M18 (single or triple screw install, dual detent fixing) wit... More

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