All Legal, Regulatory & Compliance articles – Page 13
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NewsNew York State considers ‘wealth tax’
Face with budget shortfalls and looking to fund an ambitious new program, Democratic lawmakers in New York state are gaining support for tax proposals aimed at its wealthiest residents, which include a rollback of sales tax exemptions on megayachts and private airplanes.
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NewsInternational trade still holds challenges for recreational marine industry
Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”. In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada ...
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NewsSpinlock gains Maritime NZ approval
Spinlock inflatable lifejackets have gained Maritime NZ approval for use on both commercial and recreational vessels in New Zealand.
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NewsUS/China trade deal keeps tariffs in place, Senate set to approve USMCA
The US and China are expected to sign a “phase one” trade deal today that would keep tariffs in place on some US$360bn in Chinese goods until after the US presidential election in November, while the United States Senate is expected to approve the US-Mexico-Canada (USMCA) trade pact on Thursday.
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California couple sues City over destroyed boat
Couple allege boat was unlawfully seized as part of a government program to clean up derelict vessels - federal law suit alleges many more vessels involved
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NewsGreek marina privatisation plan attracts strong foreign interest
Chinese and Arab investors top list of interested bidders
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NewsSmuggler Marine and Orion win over Sealegs court case
Boatbuilders to pursue all court costs and damages from Sealegs
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NewsUS, China tariff deal helps boating, critics Say “Phase One” agreement too limited
The move last week aimed to deescalate the ongoing trade war reduces some US tariffs in exchange for increased Chinese purchases of American farm goods
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NewsPhilippines upgrades recreational boat records with new registry
A significant upgrade for the marine leisure sector in the Philippines has been initiated with the launch of a new Registry of Recreational Boats by MARINA (the Philippine Maritime Industry Authority). The new system will reduce the licencing time for such craft from around two years to just five days.
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NewsMarine industry welcomes USMCA deal
The agreement reached between Democrats in the US House of Representatives and President Trump regarding the US-Mexico-Canada Trade Agreement (USMCA) is being hailed by the boating industry in the US, calling it a “critical pact that will protect and preserve the industry’s North American trading partnerships.”
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NewsTransfluid obtains DNV-GL Type Approval
Transfluid Trasmissioni Industriali, an Italian power transmission manufacturer, says it has recently become the world’s first company to obtain two DNV-GL Type Approvals – one for its complete range of marine parallel hybrid modules and another for its LiFePO4 Battery Banks.
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Transport Canada adopts ABYC marine safety standards
Transport Canada Marine Safety and Security (TCMSS) has published a policy on the acceptance of ABYC standards as an approved alternative method for small vessel compliance in Canada. The policy is effective as of October 30, 2019.
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NewsABYC announces dates for 2020 Standards Week
The American Boat and Yacht Council (ABYC) has announced its 11th annual ABYC Standards Week will take place from January 6-10, 2020 in New Orleans, Louisiana.
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NewsMarine compliance firms merge
HPi Verification Services (HPiVS), the UK’s only Notified Body for the EU Recreational Craft Directive (RCD), has merged with RCD specialist CEproof to create HPi-CEproof. Both companies are leading players in the global marine compliance industry.
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ORR meets cabinet-level officials to discuss impact of outdoor recreation
ORR plans rollout of strategies to recruit next generation of outdoor recreation employees, and meets with staff from the US Trade Representative’s office to reiterate the negative impact of tariffs
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Pressure mounting on Cayman Islands to enact boating regulations
Pressure from assembly could see host of boating regulations passed in 2016 finally enacted into law
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NewsUS-China trade war intensifies
Tariff increases, demands for US manufacturers to leave China cap wild weekend of trade rhetoric
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NewsTrump blinks on new tariff threat
US President Donald Trump has softened his position on a threat made earlier this month to levy a new 10% tariff on US$300bn worth of Chinese goods not already subject to existing tariffs.
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NewsUK-based law firm to open Monaco office
HFW, the UK-based international law firm, has announced that it is boosting its global yacht practice with the launch of a Monaco office. It will be staffed by a team led by partner Andrew Charlier, former global head of yachts at Ince & Co.
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