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Monthly Archives: March 2012
Fishermen’s Rally Demands Magnuson-Stevens Reform
Two thousand recreational and commercial fishermen, and business owners that provide for the fishing industries, gathered in Washington D.C. to call for reforms to the Magnuson-Stevens Act and allow for more flexibility and better scientific methods when setting catch limits. 20 politicians… [read more]
Burger Yachts To Build New Seaton Yachts in 2012
Seaton Yachts and Burger Boat Company announced plans to develop and market the Seaton Expedition Eighty-Three. “This is an exceptional design and we are very excited to be the builder of choice. It is a natural fit for Burger and we look forward to building this extraordinary yacht,” said Burger Bo… [read more]
Superyachts Resist Pirates By Using Yacht Transport Ships
Piracy fears are stopping superyacht owners from sailing between the Mediterranean and the Persian Gulf, where they split their time each year. Instead, they have them shipped on cargo vessels, says Erwin Bamps, the chief operating officer of the UAE boatbuilder Gulf Craft. “This is an iss… [read more]
Calmer Waters for Superyacht Industry -The National
After a buffeting during the global financial crisis, the superyacht industry appears to be charting a course towards calmer waters. Yacht builders and yacht brokers attending the 2012 Dubai International Boat Show are in a confident mood for the first time in 3 years, as the industry appears to b… [read more]
Yacht Sales Report: February 2012 – Sold Boats Report
Yacht brokerage sales in the U.S. increased again in February 2012 as 1,908 boats and yachts sold for an aggregate of $231 million USD. According to YachtWorld.com member yacht brokerage firms reporting in their proprietary database, Soldboats.com, the volume of sales rose 13%, compared with Fe… [read more]
Riviera Yachts Reports Robust Sales – Miami Boat Show
Australian boatbuilder Riviera Yachts said it recorded its best sales results in 6 months, domestically and internationally, with the contracting of 12 new-yacht sales totaling about $15 million in February. Riviera director of brand and communications Stephen Milne said this was a “tremendo… [read more]
Hakvoort Yachts Upgrades Superyacht Facilities
Dutch yacht builder Hakvoort Yachts, known for their intimate luxury yachts and prowess in construction in aluminum and steel are slowly building larger vessels. Recently the Dutch family-owned yard Hakvoort announced an upgrade of its own facilities, which will enable it to deliver yachts of o… [read more]
Denison Yacht Sales Opens Sales Location at Marina Bay
Denison Yacht Sales Opens Sales Location at Marina Bay Fort Lauderdale Leading Florida Yacht Brokerage Expands in its Hometown FORT LAUDERDALE, Florida –Denison Yacht Sales has announced the opening of a new sales location at Marina Bay, in the heart of Fort Lauderdale’s “Marina Mile” yacht dist… [read more]
Report: 2010 Florida Boat Tax Cap Proven Successful
Florida took in nearly 10 times as much sales tax revenue on sales of tax-capped yachts as the state projected in the first year of implementation of the Maritime Full Employment Act, which was signed in 2010. The new law puts an $18,000 sales-and-use tax cap on boats purchased or brought into Florida… [read more]