MANGUSTA YACHT CHARTER

MANGUSTA YACHT CHARTER
Luxury Mangusta 92, up to 12 guests, from euro 7,500 until 1st May, 2013

Tuesday, March 30, 2010

Gruppo Baglietto moves into liquidation


According to sources, the Baglietto Group, encompassing Cantieri Navali Baglietto Varazze, Cantieri Navali Baglietto La Spezia and Cantieri di Pisa, moved into voluntary liquidation last week.

Baglietto recently launched the new 42m Wide Body Lucky Me.

Monday, March 29, 2010

Spain to increase VAT rate

According to IBINews "Spanish trade body ANEN has expressed deep concern over government plans to increase the standard value added tax tariff to 18 per cent from the current 16 per cent. The measure, announced last September, will take effect on July 1, 2010."

Last week, an increase took effect for VAT rates in Greece that is expected to affect yacht charter vacations.

Who's next ?

Read the article

Friday, March 26, 2010

How to become a Certified Yacht Broker...for a little more than US$69



Place a bid !

Do it yourself !

Following unsuccessful tentative by brokerage companies to build (and sell) superyacht in China, China Communications and Transportation Association (CCTA) President Qian Yongchang said that "now is the time for China to develop the yachting industry, even though at the beginning, the high-end recreational boats may be accessible only to high earners."

However, industrial insiders said that during the beginning stage, it is unrealistic to expect the Chinese to purchase yachts with the same passion as they pursue cars or houses.

Yacht renting will therefore be a major way that people can enjoy the luxury.

Cantieri di Pisa Lazy Me - Akhir 135



Built in 2008, the 41m Akhir 135 was spotted near the Lerins island.

This Italian motor yacht is powered by twin 16V4000M90 - 3,650hp diesel engines and can reach a top speed of 29knots.

It's all about yacht tax....

Looking to boost marine industry sales, lawmakers plan to cap sales taxes on high-end boats sold in Florida...but the yacht tax break is hard to justify.

Read the article on the Miami Herald here

Saturday, March 20, 2010

Thursday, March 18, 2010

Sarafsa in Nice

The 82m Andrew Winch designed Sarafsa was spotted in Nice yesterday.

Shipyard: Devonport YachtsYear: 2008
Naval Architect: Burness Corlett - Three Quays Limited
Exterior Designer: Andrew Winch Designs Ltd.
Interior Designer: Andrew Winch Designs Ltd.

Friday, March 12, 2010

Sunseeker: Good and Bad News

Good news: Sunseeker 38m sold !
The Sunseeker 38 Metre Special Edition superyacht was purchased by a buyer from the GCC on the very first day of this year’s Dubai International Boat Show for Dh72 million ($19.6 million). 

Bad news: John Braithwaite has resigned as a director from the board of Sunseeker International Ltd.
The chief of design and development at the UK boatbuilder, and brother of former. According to IBInews, "Both Robert and John Braithwaite left the board of the parent company Sunseeker Holdings Ltd on December 23, 2009. A week prior to their departure John Darlingon, head of corporate restructuring KPMG, was appointed as the new chairman of the Sunseeker Holdings board."

Monday, March 8, 2010

Superyacht captain: It's a bit like being a 'glorified chauffeur'

According to CNN : "Superyacht captains earn up to $22,000 a month"
Not to bad for "glorified chauffeur" !

Read the interview of the Captain Cook on CNN here

Friday, March 5, 2010

Yacht Broker Advice...

Will Purchasing an LLC Avoid Sales Tax on a Yacht?

I am considering the purchase of a fairly expensive yacht that happens to be owned by a Delaware LLC. 

My yacht broker has advised that I can avoid paying sales tax on the purchase if I buy the LLC itself rather than the yacht. He also indicated that this could be done without spending the time outside of California that would otherwise be required to avoid sales tax.
Is this true?
If so, what are the issues that I should look out for when purchasing an LLC?

Read the answer on http://www.thelog.com

Monday, March 1, 2010

Your fantasy has come true!


The Examiner.com
A business group says a four-deck, 100-foot yacht is ruining the view of the St. Croix River in downtown Stillwater.
The Main Street Stillwater Alliance Business Association wants the Majestic Star to dock somewhere else.

read the post here

According to the charter company "MY Majestic Star is perfect for a wedding, birthday party, corporate event, or other function..."