Monthly archive

June 2013

VAT to Apply to French Yacht Charters Starting July 15

Value-added tax will apply to French yacht charters effective July 15th, 2013, bringing an end to the country's commercial exemption from the tax scheme.

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Liberian Registry Defends Against ITF Claims

The Liberian Registry has responded to ITF accusations that it has not been in contact with crew members of the TMT A Whale while the ship has been stranded near Suez for the past six months resulting from the parent company's financial challenges.

Scott Bergeron states the flag has been in "regular contact with the crew":

LISCR Parent Company Launches European Registry

The Liberian Registry's parent organization YCF Maritime, a division of the YCF Group of Companies, has launched a Luxembourg-based registry management company.

Lloyd's List Compiles Regulations Timeline

Industry publication Lloyd's List has assembled a useful timeline chronicling when significant global regulations enter into force through 2024, which the OGSR has posted here for readers' review.

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Marshall Islands Updates Yacht Code

The Marshall Islands Registry has implemented a revised Yacht Code (MI-103) to reflect developments in the yacht market, including design advances and forthcoming international regulations.

Oceanskies reports:

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Greece Appoints New Minister of Merchantile Marine

Greece has appointed a new Minister of Merchantile Marine following a reorganization of the country's cabinet.

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Medberths.com Features Gibraltar Superyacht Forum Writeup

Popular yachting news website Medberths features a summary of the panel discussions that took place at the

Tax Havens Targeted at G8 Summit

Member states are discussing offshore tax regime transparency at the G8 Summit this week.

The Guardian reports:

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Spanish Shipowners Association Concerned with Flag Decline

The Spanish shipping association ANAVE has expressed concern over the decline in the country's fleet.

Cyprus Fiduciary Firm Cites "Improvement in Business Climate"

Fiducenter (Cyprus) Limited posted news of two recent corporate developments in Cyprus calling the investments "if not change certainly joy to the economy and the public." Their post reads as fo

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