All Legal, Regulatory & Compliance articles – Page 12
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Spanish marina operator obtains ‘Safe Tourism’ certification
Amarres Deportivos is one of few companies in the Balearics to be certified Covid-secure
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US study says cost of onshoring supply chains from China could top $1 trillion
A new study by US-based Bank of America shows a growing appetite among manufacturers for repatriating overseas production in spite of potentially high costs A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring ...
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Trump resumes trade war with Canada
It’s Déjà vu for the North American boat industry as US president Donald Trump announces a new 10% tariff on Canadian aluminium, while Canada vows to retaliate
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IPM-IMG group marinas secure Safe Tourism Marinas certification against Covid-19
New standard emphasises group action to initiate anti-virus protocols
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Marquip NOx emission treatment and silencer certified in Italy
MarQuip, a specialist in exhaust systems for sail and motor yachts, says its first IMO TIER III emission system, equipped with efficient noise reduction, has been tested and certified in Italy.
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North American industry gears up for July 1 implementation of USMCA trade deal
NAFTA-replacement aims to simplify cross-border shipment of goods while adding intellectual property protections
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Marshall 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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Greece introduces new rules for yachts
The Greek Maritime Ministry has announced new regulations for the operation of yachts and pleasure craft which come into force today and will last through to June 15, 2020.
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Fischer Panda obtains NMEA 2000 certification
Marine diesel generator specialist Fischer Panda has gained NMEA 2000 certification, enabling it to mark its compatible xSeries and iSeries generators with the NMEA logo.
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Hexcel obtains DNV GL type approval
Hexcel, the US supplier of advanced composite materials to the marine and other markets, has announced that its HexPly M79 prepreg materials have achieved Type Approval Certification from DNV GL.
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EU roadmap for lifting of COVID-19 containment measures
The European Boating Industry association (EBI) has provided the following update from the EU recommending a coordinated approach to lifting Coronavirus restrictions across the region
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ABYC updates USCG guide, solicits input for future standards updates
Standards updates applicable to all companies building boats for the US market
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What the US$2 trillion relief package means to the boating industry
With over half the US under ‘stay at home’ orders from state or local governments, President Trump has signed a US$2 trillion economic relief package aimed at workers and businesses of all sizes, while separate action has seen additional action on tariffs. The package allows businesses to delay payment of ...
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Canada passes USMCA trade agreement into law
The Canadian government passed legislation on Friday ratifying the new US-Mexico-Canada Trade Agreement (USMCA) before shutting down until April 20 as a result of the developing Covid-19 coronavirus pandemic.
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European Boating Industry welcomes EU Industrial Strategy
EBI secretary general Philip Easthill: Smaller companies are the ”backbone” of European industry European Boating Industry (EBI) has responded to the release yesterday of the European Commission’s flagship Industrial Strategy and SME Strategy, saying that it welcomes their potential to ”support the recreational boating industry in Europe ...
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NMMA Canada lobbies parliamentarians in bid to head off luxury tax
Representatives from NMMA Canada and regional boating trade associations nationwide descended on the Canadian national capital on Thursday in a coordinated lobbying effort aimed at convincing legislators to rethink a proposed 10% luxury tax on boats of more than $100,000.
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Boating community sinks Virginia boat tax
Efforts by the Prince William County, Virginia Board of Supervisors to reinstate a 20-year-old boat tax were dead in the water when more than 100 boat owners and business people voiced opposition at a public hearing Tuesday night.
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CRN M/Y 137 achieves IMO Tier III certification
CRN, a Ferretti Group brand, has become the first shipyard in Italy to receive IMO Tier III certification for its CRN M/Y 137, a 62m fully custom steel and aluminium megayacht that is soon to be de
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EU warns Malta over incorrect VAT on yacht leases
The European Commission has sent an additional letter of formal notice to Malta whose authorities it accuses of not levying the correct amount of the value-added tax (VAT) on the lease of yachts. Brussels claims that Valetta failed to properly modify its tax system in response to earlier requests by ...