News

Asia Pacific Superyachts has announced that charter tax in Tahiti has been reduced to five per cent of gross revenues, from a previous rate of 12 per cent. This drop in charter tax, combined with the recent extension to 36 months of levy-free cruising, offers further incentive for yachts to visit the region.“We hope this change will help more guests decide on our islands as their next charter destination and enjoy the French Polynesia-preserved marine environment and fun land based activities,” says Etienne Boutin of Asia Pacific Superyachts Tahiti. The change in tax legislation arrives near to the completion date of a new Tahitian marina under...

The Hydros Innovation engineering firm exhibited a scaled-down version of its patented HY-X prototype during the Monaco Yacht Show last week. The prototype is the first efficient, hybrid flying yacht ever to be designed The prototype was designed to be at the forefront of green yachting, and reduces fuel consumption by at least 30% whilst offering quicker, more responsive and more comfortable navigation. HY-X flies above the water, diminishing environmental limitations. More concretely, its retractable foils and special transmission make this "hybrid" yacht ideal in a number of conditions, whether cruising in traditional "Archimedes" mode (with its foils up) or...

Vilanova Grand Marina – Barcelona will attend this year’s Monaco Yacht Show for the seventh consecutive year, which starts tomorrow on Wednesday 24th September. Vilanova, which is one of the leading superyacht marina’s in Europe, has an array of activities planned during the show and will be welcoming the public to their stand at Darse Nord QD51. On Wednesday the 24th September, Vilanova will be providing cocktails, Spanish wine and delicacies at their stand, which is their usual ‘welcome to the show’ event for clients and friends in collaboration with their partner BWA Yachting. On Thursday the 25th...