The latest news from around the world on regulatory issues and legislation affecting the boating industry including taxes, trade tariffs, standards and environomental restrictions.
Regulatory Issues and Legislation
South Africa will avoid ‘race to the bottom’ with retaliatory tariff
The country remains committed to constructive bilateral relations with the US
SABBEX to seek clarity on new Trump tariff
The South African Boat Builders Export Council will engage with the SA government regarding the implications of the new 30% tax
SA government working on ‘Plan B’ US trade pact as AGOA deadline looms
South Africa is preparing a bilateral trade agreement with the US amid speculation the country will lose its duty-free export benefits
Sri Lanka issues regulations covering boats, yachts and visiting leisure craft
The regulations address insurance, crew and safety requirements for vessels
BVI talks “concessions” to ease tension with US over charter boat fees
Proposed fee increase placed on hold until two sides reach an amicable agreement
South Africa amends legal definition of PWCs to allow MPA access
The move follows protracted negotiations involving government and private sector stakeholders
South Africa scrambles to get clarity on tariffs amid trade uncertainty
The Democratic Alliance has returned from a week-long visit to the US aimed at stabilising bilateral relations
EU announces retaliatory tariffs on US imports
European Boating Industry (EBI) urges both sides to engage in negotiations to resolve issue
Africa trade chief: Agoa threat ‘an opportunity to explore new markets’
The loss of preferential trade access to the US market could work in South Africa’s favour
White House launches copper investigation, expands trade action, tariffs effective next week
Trump’s ‘America First Trade Policy’ could have additional negative impact on the recreational boating industry
Top US trade official says South Africa’s AGOA benefit still in the balance
Jamieson Greer says it’s too soon to ‘prejudge’ the country’s eligibility for duty-free access to the US market
Spain considers emissions tax on yachts and private jets
Left-wing political organisation Sumar is taking its proposal to the Spanish Congress
More Regulatory News
SA Minister says ICT licence review is not a special favour for SpaceX
SA government doubles down on Starlink licence requirements
ABYC publishes revised gasoline fuel systems standard
SA yards prepare for new hazardous waste regulations
Trump starts second term; talks of tariffs & quitting ‘green’ to stop US decline
Industry celebrates US government withdrawal of proposed whale vessel speed rule
NOAA withdraws NARW vessel speed rule proposal
British Marine urges government to rethink Inheritance Tax plans
Sunseeker International fined for regulatory non-compliance
Six US states object to NARW Vessel Strike Reduction Rule
New Italian Nautical Code approved after 4.5-year wait
ICOMIA, EBI launch International Standard Charter Terms and Conditions
Greece exempts small boats from shipping, luxury taxes
Thailand relaxes rules to attract more superyachts, cruise ships
Canadian trade associations respond to government initiative exploring mandatory PFD wear
Greece introduces online transit log for foreign vessels
Saudi Red Sea Authority issues first yacht regulations
Balearic government to review decree regulating boat rentals
Bipartisan bill to protect Right Whale introduced in US Senate
ABYC publishes updated build and repair standards
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