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Sarnia Yachts Limited

If you are new to yachting have you heard of the MLC?

A useful summary of what the MLC is and who it applies to. More

MedAire

Superyacht community sees 40% increase in need for medical support

MedAire, the leading medical assistance, safety and security organisation has revealed a 40% increase in use of its MedLink service between 2019 and 2020. The service, dedicated entirely to the superyacht community, provides crew and guests with direct access to medical professionals in an emergency situation as well as for general medical advice. MedLink provides services to over 50% of the world’s superyachts. A total of 15 of 18 MedLink case categories showed substantial increases,... More

Sarnia Yachts Limited

Sarnia Yachts Adds New Family Office Division

Yachts are often described by the Family Offices we work with as assets that take up a disproportionate amount of their time. Sarnia Yachts has a unique combination of knowledge and many years of experience in this niche asset class enabling us to support Family Offices with all aspects of the ownership, management and crewing of their yacht. More

Sarnia Yachts Limited

Thinking About Chartering Your Yacht? Here's What You Need To Consider

In a post-pandemic world yachts are recognised as one of the most socially-distanced holiday options where interactions with others are controlled in a way not possible if staying at a resort or on a cruise ship. More

Sarnia Yachts Limited

Sarnia Yachts Welcomes New Crew Services Officer

Kirsty Porritt joins Sarnia Yachts as a new Crew Services Officer. More

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

Sarnia Yachts Limited

Yacht Expense Payments to the UK – What you need to know

Some yacht owners fall into a category known as UK resident, non-UK domiciled individuals. 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

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