Over recent weeks, Monaco Yacht Show has been in constant discussions with stakeholders and partners within the international Super Yacht Industry to better understand the challenges facing yacht owners, shipyards, brokers and other key participants in the face of the disruption due to COVID-19.
Discovery Bay’s high-end resort-style residential community is soon to open the first of its kind superyacht marina in Hong Kong. Hong Kong has long been substantially short of marina berths for yachts of all shapes and sizes. The Lantau Yacht Club (LYC) is a welcome addition for the superyacht community in Asia, and members from the Asia-Pacific Superyacht Association (APSA) recently toured the LYC Resort-Marina facility. APSA members from AON (HK), Brookes Bell, Camper & Nicholsons First Eastern, Expat Marine Services, M Yachts, Marsh JLT, Rosemont and Simpson Marine visited the marina, golf club and hotel facilities, and were suitably impressed and excited to see a new marina coming online.
The sudden wave of the Covid19 pandemic has caused major worldwide travel disruptions, heavily affecting business operations of many companies around the world. As a result, massive reduction in commercial flight availability and capacity presented a major challenge in executing crew changes, with high number of personnel stranded on board vessels or sites for many months.
Hainan is set to become the biggest Free Trade Zone in China, with the new masterplan that was released in June, and boats, boaters, and the boating industry are on the agenda.
“It’s difficult to keep track of the changes on the evolving travel restrictions charter scene, but Burgess has compiled a summary of the different regulations affecting charter destinations around the world.
The global Coronavirus pandemic continues to influence and abruptly change the plans of many superyachts. The Captain of the 75.28m Expedition yacht M.Y. Cloudbreak sailed to Galle, Sri Lanka for a short stay.
Behind every great merger, there’s an even greater brand evolution. In February 2019, Global Marine Travel combined forces with V.Group’s in-house travel company, V.Travel, to become one of the top providers of marine travel management services in the world. In less than one year, these organizations are ready to say farewell to the V.Travel brand name and embrace full operations under one brand: Global Marine Travel (GMT).
HFW is an international law firm with over 600 lawyers working across a global network of 20 offices, including 7 offices located in the Asia Pacific region. HFW is regarded as one of the world’s leading shipping law firms, and the yacht team has been an integral part of the yachting industry for over 30 years. HFW is one of the few companies in the market able to legitimately claim a deep specialisation in both maritime law in general and yachts in particular. The company’s in-depth knowledge combined with its international reach ensures that HFW is pre-eminent when it comes to the provision of legal services to the yachting industry. The HFW yacht team is routinely involved in the largest and most complex projects and disputes in the yachting industry.
