All articles by David Robinson – Page 68
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NewsSt Maarten to reopen to tourists from July 1
The Dutch Caribbean island of St Maarten, a key yachting destination, is to reopen to tourists from North America and Europe as of July 1. This adds to the visitors which have been arriving in St Maarten since June 22 from a number of local Caribbean destinations, subject to them ...
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NewsPlans for new Greek superyacht yard rejected
The proposal was part of a €612m investment plan for Piraeus port
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NewsCyprus on track to significantly increase marina capacity over next few years
Four projects at different stages of development
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NewsMaldives to reopen to visitors from next week
The Indian Ocean island country of the Maldives, which extends across several chains of islands, will be opening up to tourists and visitors such as yacht crew and passengers on Monday 29 June. Maldivian airports will open on July 1.
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NewsLatest NZ-built superyacht to be completed this month
The 26.2m (86ft) superyacht power catamaran Rua Moana is the latest large yacht project to be completed in New Zealand. The yacht will be used for charter and is already being marketed as such by a number of local charter companies.
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NewsMalta allows superyacht crew changes
The Maltese government has introduced a new ruling that lifts the travel ban relating to yachts calling in Malta with crews only onboard. This will allow yachts to use Malta for crew changes, a particularly difficult aspect for superyachts as a result of the lockdowns and travel bans due to ...
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NewsBering Yachts sells new 45m flagship
With the sale of a 45m (148ft) Bering 145, US-headquartered Bering Yachts is breaking new ground with its largest superyacht built to date. The full-custom project is already in build at Bering’s modern shipyard in Antalya, Turkey and is scheduled for completion in 2022. The new yacht will have a ...
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FeatureThe current state of play at the top of the market
New superyacht orders continue but the industry waits to count the true cost of Covid-19. David Robinson provides an 18-page round-up on the key sectors of the business, including order estimates for the first 5 months of 2020.
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NewsFiji launches ‘Blue Lane’ initiative for yachts and pleasure craft
Port Denarau Marina will initially be the sole port of entry
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NewsMarshall Islands revises Yacht Code
An initiative to update and amend the Republic of the Marshall Islands Yacht Code (RMIYC) is currently in progress with the launch of the new revised edition anticipated for the second half of 2021.
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NewsPlans for new A$75m Queensland marina revived
Plans to build a new marina at Palm Cove, some 20km north of Cairns in Queensland, Australia, are being revived after a previous potential developer went bust in 2017.
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NewsAon-Willis Towers Watson merger faces lawsuits
Plans for a takeover deal worth some US$30bn of two major insurance brokerage groups have hit a possible hurdle as at least three shareholder lawsuits have been filed opposing the approach by Aon to acquire Willis Towers Watson. Both businesses are big players in the superyacht insurance market.
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NewsGCCM presses on with A$100m expansion programme
Australia’s Cold Coast City Marina & Shipyard (GCCM) is moving forward with the A$100m expansion programme first announced in 2018, which will result in a doubling of its site and a significant increase of operating capacity both across the marina itself and the 80-plus strong cluster of service providers onsite.
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News
Chinese marina project enters second phase of development
The development of the new Chongwu Yacht Marina in China’s Fujian province has moved forward into a second phase which will include the construction of the new facility.
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NewsMunich Re Syndicate appoints new head of marine
A new head of marine has been appointed to the Munich Re Syndicate at Lloyd’s of London in the UK. The new head is Rob McAdams, who joins Munich Re, a global leader in reinsurance business, from AXA XL where he was global marine chief underwriting officer.
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NewsThird attempt to sell Slovenian marina; price reduced - offers by July 16
A third attempt is being made to sell the bankrupt 700-berth Marina Izola in Slovenia. The starting bid price this time is €2,990,000, which is significantly lower than the €5.96m asked on the second attempt. According to an advertisement published in the Financial Times newspaper, the insolvency administrator for this ...
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NewsBahamas reopens for private yachts
As of Monday this week, the Bahamas has reopened to private yachts and private aircraft. A full reopening of the islands, including international tourists, is set for July 1.
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NewsYacht transport vessel partially sinks with five large yachts onboard
Five large yachts were reported to be onboard a float-on/float-off yacht carrier operated by Dockwise Yacht Transport (DYT) when it partially sank in the Port of Palma de Mallorca today while trying to unload.
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NewsMore Caribbean islands to reopen in coming weeks
A growing number of Caribbean islands have already reopened to international visitors or have indicated when they will be doing so. These include the US Virgin Islands, the Bahamas, Grenada, Antigua and Barbuda, the Turks & Caicos islands, Anquilla, St Lucia and Aruba.
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