News
- UK MCA: updated standards for the sport or pleasure vessel code The Maritime and Coastguard Agency (UK) has issued Marine Information Notice 724 (M), published on 18 November 2025. UK MCA: updated standards for the sport or pleasure vessel code
- Why every superyacht owner needs an experienced TCSP to manage their Yacht owning structure Owning a superyacht is one of life’s greatest luxuries, but behind the scenes it is also a highly regulated and complex undertaking. For private UHNW owners who may charter their yacht occasionally to offset operating costs, the ownership structure must be set up and managed with precision. This is where an experienced Trust and Corporate Services Provider (TCSP) becomes indispensable. Why every superyacht owner needs an experienced TCSP to manage their Yacht owning structure
- The 2026 Republic of the Marshall Islands Yacht Code (MI-103): What owners and industry stakeholders need to know The Republic of the Marshall Islands (RMI) has released the 2026 edition of its Yacht Code (MI-103), which will apply from 1 January 2026. The 2026 Republic of the Marshall Islands Yacht Code (MI-103): What owners and industry stakeholders need to know
- Superyachts and PI: Why every Superyacht Owner needs a robust governance pack for P&I claims In the superyacht sector, the handling of a Protection and Indemnity (P&I) claim depends not only on the quality of the vessel’s insurance cover but also on the clarity of its ownership, management, and operational governance. When an incident occurs, P&I Clubs expect assureds to provide accurate documents at short notice. Superyachts and PI: Why every Superyacht Owner needs a robust governance pack for P&I claims
- Cayman Islands updates guest capacity rules for private yachts (CISN 01/2025) The Cayman Islands has introduced a significant regulatory change that benefits large private yachts. Cayman Islands updates guest capacity rules for private yachts (CISN 01/2025)
- The Marshall Islands economic substance regime: What yacht owners and advisors need to know The Marshall Islands has long been a leading jurisdiction for yacht registration and structuring. In recent years, it has introduced an economic substance regime to align with international tax standards and to address concerns about so-called letterbox companies. The Marshall Islands economic substance regime: What yacht owners and advisors need to know
- Malta’s Commercial Yacht Code 2025 Malta’s Commercial Yacht Code 2025
- Canada: Luxury tax on private aircraft and vessels will be eliminated Good news for Canadian yacht owners and buyers: Canada’s federal government has removed the luxury tax on yachts as part of its 2025 Budget, effective immediately. Canada: Luxury tax on private aircraft and vessels will be eliminated
- Monaco Yacht Show 2025 from inspiration to implementation The Monaco Yacht Show 2025 once again brought together the world’s leading shipyards, brokers, and advisors. Behind the impressive displays and headline launches, the real conversations this year focused on ownership, compliance, and sustainability areas where good advice turns ambition into safe, lasting ownership. Monaco Yacht Show 2025 from inspiration to implementation
- The Yacht Engaged in Trade Program: a step toward legal harmonization across Europe The Yacht Engaged in Trade Program: a step toward legal harmonization across Europe
-
