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Industry News

Pendennis completes Aquila refit

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Pendennis Shipyard in the UK has redelivered the 85.6m motoryacht Aquila after an extensive refit programme that took exactly one year to complete. Burgess oversaw the management of the refit, supporting Aquila’s owners throughout the project from concept to redelivery and providing full project oversight including technical, financial, crew and ... Read More »

Will FLIBS leave Ft Lauderdale?

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The future of the Ft Lauderdale International Boat Show (FLIBS) could be a big question mark following the decision by a group of developers to drop plans to develop the Bahia Mar complex. Tate Capital CEO James Tate said in a public letter that his company is pulling out because ... Read More »

Russian marina investors turn to Med

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  Russian businessmen are considering investing in new marina construction in Cyprus, Israel and other European Mediterranean countries, according to Vitaly Mutko, Russia’s Minister of Sport and Tourism. Investment in new marina construction and related infrastructure in Crimea and Sochi has declined on account of economic stagnation in Russia and ... Read More »

Good news on the VAT on APA issue

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On the initiative of MYBA The Worldwide Yachting Association, and with a fruitful cooperation between Carla Bellieni and Benedetto Santacroce, the Italian Tax Authority has laid a cornerstone in the tax regime affecting yacht charter, overturning a previous interpretation and issuing a prompt, smart response to a request for legal ... Read More »


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Continuing its rapid evolution from local pioneer to regional benchmark in the yachting industry, the HYPERLINK “http://pmyc.portomontenegro.com/”Porto Montenegro Yacht Club (PMYC) has expanded its offer for 2016 by incorporating Porto Montenegro’s Sports Club and Tennis Club into its structure alongside the iconic 64 meter outdoor pool and outdoor restaurant. Taken ... Read More »

METS Conference

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Impressive line-up for marine sustainability conference  Focus on ocean conservation and circular economy starts off the METSTRADE Week in RAI Amsterdam.   The main speakers have been announced for the Sustainability in the Marine Industry conference on Monday 14 November, the day before the 2016 METSTRADE Show opens its doors. ... Read More »

New Navigation Techniques for Arctic Exploration


  In today’s world of instant communications, constant connectivity, and virtual reality, it is easy to forget that there are still vast expanses of our world that are undiscovered and unknown. Polar regions make up much of that vast unknown. Yet in the past few years, the number of vessel ... Read More »