All articles by Neil Eaves – Page 34
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French boat leasing tax changes met with surprise
The French boating industry is at odds with a change in the application of VAT rules on pleasure boats purchased for hire with an option to purchase, which will impact boat rentals as well as boat purchases financed through leasing arrangements. Announced by the French government this ...
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FIN to launch virtual show
The Fédération des Industries Nautiques (FIN) is planning to launch a virtual boat show early in 2021. Marketing of Virtual Nautic will begin next week and involve daily presentations open to all interested professionals.
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Sea Palace Floating Resort launched in Dubai
Located near Dubai Marina, the project is being developed by Seagate Shipyard and El Bahrawy Group at a cost of Dh600m ($165m/£124m). The Sea Palace Floating Resort consists of a hotel and six floating glass boat houses, each priced at Dh20mn ($5.4m).
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Ireland bids to host World Marinas Conference
The Irish Marine Federation (IMF), the marine leisure trade body that also represents Irish marina operators, has made its first-ever bid to host ICOMIA’s three-day World Marinas Conference in Dublin in 2023.
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New measures announced in France - FIN responds
Late last week the French government announced a new decree (No. 2020-1310) that ”prescribed the measures necessary to deal with the Covid-19 epidemic”. Article 46 of the decree states that while ‘beaches, bodies of water and lakes are open’ (unless the prefect decides otherwise in the event of non-compliance with ...
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Quanhai Li elected as World Sailing president
Four presidential candidates were up for election in the first round with no candidate receiving more than 50% of votes. A second round of voting was required between the top two candidates, incumbent Kim Andersen from Denmark and Quanhai Li from mainland China. 128 Member National Authorities (MNAs) submitted verified ...
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Investment plan in Perini Navi develops
Last month Blue Skye Investment Group announced it had reached an agreement to restructure and inject capital into the near-bankrupt shipyard Perini Navi.
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Scottish boat dealer sold after decades of family ownership
Following negotiations which started in 2019, Scottish boat dealer Euroyachts, based in Largs, western Scotland, has changed hands after decades under family ownership.
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Danfoss to power Bangkok fleet of electric ferries
Some 27 zero-emission passenger ferries will soon replace aging diesels on Bangkok’s Chao Phraya River in a bid to improve air quality and clean up the water supply in the Thai capital.
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Outdoor Network to manufacture OXE outboards in Georgia
The new facility will produce the complete line-up of OXE diesel outboard engines from 125hp through to 200hp. Currently manufactured in Sweden, but as reported by IBI in May this year, Outdoor Network (ODN) was successful in winning the contract for US production. At that time Tom D’Azevedo, chairman and ...
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Marathon Leisure appointed Z-Guard’s UK & Ireland distributor
Marathon Leisure has been appointed as the sole distributor for Z-Guard performance anodes.
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Increased berthing capacity in Dubai as new island destinations open up
Nakheel is offering UAE’s boat owners and tour operators access to two new island destinations off the country’s coast.
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New agreement to modernise and strengthen French boating industry
The French Federation of Nautical Industries (FIN) yesterday announced the signing of a new collective agreement with the unions (FCE-CFDT and CFE-CGC) for ‘nautical industry and services’ in France.
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Sanlorenzo teams up with Hong Kong designers to create ‘floating villas’
Italian luxury yacht builder Sanlorenzo has partnered with Hong Kong-based interior designers to create new bespoke ‘floating villas’, targeting the wealthy in Hong Kong and Asia looking for an alternative form of holiday home.
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Trouble brewing over Israeli marina plans
Environmentalists take issue with plans to more than triple Israel’s berth capacity along Med coast
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Government scheme sees boatbuilder boost apprentice numbers by ‘at least’ 50 per cent
Riviera one of a number of Australian builders set to take advantage of scheme
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Apax Partners Boats Group acquires another leading online marketplace
Boats Group, the business behind the largest online marketplaces for boats and yachts, has acquired Dutch boating marketplaces Botentekoop.nl, Boten.nl and Botenbank.nl from Arimpex Media Solutions. The acquisition reinforces the company’s focus on expanding its global footprint and increases consumer engagement throughout Western Europe. Boats Group’s marketplaces already connect the ...
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One hundred US marinas sold for $2.11bn
Dallas, Texas-based Safe Harbor Marinas has entered into a definitive merger agreement with Sun Communities Inc and one of its subsidiaries in a transaction for cash and SUI equity valued at $2.11bn.
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Dubai’s Harbour Marina welcomes first yachts
Ahead of its full opening, the first yachts have docked at Dubai Harbour Marina.
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Rescheduled 7th Qatar International Boat Show going ahead
Hamad Issa al-Mannai, CEO of Al Mannai Plus Events, has announced that the 7th Qatar International Boat Show (QIBS) will take place from November 16-20 at The Pearl-Qatar’s Porto Arabia.