ESTIVA “Arts By The Sea” is a multicultural festival which, for the first time, is to be held in Port Adriano, the port created by Philippe Starck.
From 13 to 21 July, Port Adriano invites you to enjoy an artistic experience of 7 evenings in the company of international artists.
Jazz, Flamenco, Circus, Music, Theatre and Dance come together under an extraordinarily designed canopy in an exceptional event starring the Mediterranean summer.
Brochure
The Superyacht Cup Palma, which will be held from June 19 -22nd, is very pleased to announce return of sponsors Claasen Shipyard, Marine Port Vell and Rondal. Now in its’17 th year, The Superyacht Cup attracts some of the most spectacular sailing superyachts in the world to an annual regatta in the Bay of Palma for four days of competitive sailing and a relaxed and informal social programme.
As builders of several of the participating yachts, Dutch yacht builders Claasen Shipyards are returning as Silver Sponsors for 2013. The yachts they have built competing in this years regatta include the stunning J Class yacht Lionheart , the F Class Firefly and the 27m classic Atalante . This impressive range of beautiful yachts highlights their world-class skills and craftsmanship.
Organisers offer a warm welcome to returning Silver Sponsors, Marina Port Vell. Located in the heart of the Spanish City of Barcelona, a favorite vibrant cosmopolitan destination for yachts of all sizes, the Marina is currently undergoing a huge transformation to create 162 fully serviced berths for sail and power yachts up to 180m. The significant investment in state-of-the-art infrastructure and new seven-star services will position the marina as one of the leading superyacht destinations in the world. (http://www.thesuperyachtcup.com/palma)
The turnout was boosted by the addition of the 1st Superyacht Brokerage & Charter Show
Around 37,000 people flocked to Moll Vell last week for the 30th Palma International Boat Show. The strong turnout was largely attributed to the 1st Superyacht Brokerage & Charter Show, which ran concurrently with the event from May 1-5.
“This was a completely different show from 2011,” says Chema Sans, director of the Palma show. “Most notably, it has grown a lot, the number of exhibitors was up 25 per cent and the sea-based exhibition area up 76 per cent, largely due to the crucial addition of a Superyacht Brokerage & Charter Show – a venture that makes a good deal of sense for the Balearics. (https://plus.ibinews.com, 7 May 2013)
News
e3 Systems hosted a seminar just before the beginning of the Antibes Yacht Show last week at the Automobile Club de Monaco. The keynote presentation was given by Dr. Waguih Ishak from Corning Glass who wowed the audience with Corning’s vision of how our lives will shortly be transformed and governed by interactive glass. Dr Ishak also gave a fascinating insight into how research and development is conducted in Silicon Valley, home to Corning and many other high tech companies. The region acts as an incubator for much of the technology we now live with and also for that of the future.
Delegates included yacht designers, representatives from shipyards, yacht fleet managers, technical managers, captains and ETOS. Other complementary presentations were given by speakers from Global IP, Van Berge Henegouwen, Monaco Telecom and e3 Systems. The emphasis was firmly on “Future Technology for Yachts” and there was much discussion on the needs of today’s “connected” society and how this impacts upon life aboard a yacht – both for owners and crew. There was also a lot of debate about the fast changing nature of communications and entertainment systems on-board. (e3 Systems Press release, 25 April 2013)
This new initiative will take place in the heart of Palma’s historical city and will run concurrently with the 30th Palma Boat Show. Six major international brokerage companies will be exhibiting their best yachts, either for sale or for charter during the 5 days. Around 40 yachts are expected, both sail and power, from 24 metres in length.
The show is carefully timed at the beginning of the Mediterranean season to enable discerning clients to either purchase or charter a yacht before the start of the summer season.
The show, situated on the Paseo Marítimo, is accessed either from the Palma Boat Show or from the Brokerage & Charter entrances, all within walking distance from some of the most exclusive shops and restaurants on the island.
Palma, the capital of Mallorca and the largest of the Balearic Islands, has long been a favourite for many big yachts, as well as their captains and crew, making it the perfect venue for a Brokerage & Charter Show. To compliment the event many extra activities are planned to take place during the 5 days that are sure to guarantee a fun time for all.
Yacht Solutions, one of South East Asia’s leading superyacht service providers, has signed a Memorandum of Understanding with Ital Thai Marine to create Thailand’s first dedicated superyacht facility in Bangkok.
Located near the mouth of the Chao Phraya River in Samut Prakam, Yacht Solutions at Ital Thai Marine is being set up in response to the demand for more superyacht refit and repair facilities in the Asian region from both owners of superyachts based in Asia and those travelling from Europe and the US.
The 112,000sq m deep-water facility will offer full shipbuilding and repair capabilities plus a bonded warehouse and in-house design office. Yacht Solutions at Ital Thai Marine is ISO 9001:2000 rated and boasts a lifting capacity up to 95m and 3,500 tonnes. It has access to two 115m dry docks, 300m alongside berthing, a floating dock up to 160m and 5000 tonnes lift capacity, making this the largest superyacht repair facility in Southeast Asia. (http://www.ibinews.com, 17 April 2013)
News
Palma Superyacht Brokerage and Charter Show Increases Allocated Berths to Meet Demand (2 April 2013)
Due to overwhelming demand from companies wishing to exhibit their yachts, the inaugural Palma Superyacht Brokerage and Charter Show has been forced to increase its area. Held from 1 to 5th May within the Palma International Boat Show, over 60 moorings are now available to exhibit yachts from 24m in length for sale and charter. (Press release, 2 April 2013)
Press release
This year the first official edition of Port Adriano Club de Regatas Silver Bollard Regatta will be held in the Balearic waters under the custody of the Federación Balear de Vela (FBV) and in colaboration with the Club Náutico Santa Ponsa. The regatta will run from 17 to 19 May 2013.
The Race will be open to inscriptions for sailing yachts with a minimum length of 16m (53ft). During three days there will be coastal courses with a distance between 20 and 70 miles, which Port Adriano promises to be a technically demanding but also pleasant circuit.
The Silver Bollard Regatta is open for inscriptions until 12 April 2013 (20:00h).
The Admission fee is €200. Berths are free for participating yachts from 16 to 20 of may (consumption not included).
More information will be announced soon on: www.silverbollardregatta.com (http://www.ibinews.com, 20 March 2013)
News
The inaugural Superyacht Fiscal Management Meeting, staged by the Superyacht Events team, took place on 7 March in Brussels – an apt location for a discussion of the pertinent tax issues affecting Europe’s major grounds, considering its role as European Union HQ. And in a possible first for the
superyacht industry, the event was attended by an EU Commission delegation to listen to the issues that were raised and begin the dialogue that needs to be opened between the industry and the federal government.
The Superyacht Group’s chairman, Martin H Redmayne, opened the day’s discussion, which convened 70 leading fiscal services professionals, by
saying that the industry needs “to know what Brussels wants, whilst they need to know what we want.”
The first session of the day pitted Redmayne with Thierry Voisin and Ince & Co.’s Freddy Desplanques to discuss the French conundrum. Of all the
European jurisdictions, France is the most receptive to the yachting industry – its third largest sector according to Voisin – and is keen to preserve its
profitability.
For that reason the French tax authorities have been resistant to the imposition of federal tax legislation. EU court orders however, have forced the French hand, and France has been required to submit a list of proposals to identify requirements for ‘commercial vessel’ status. According to Voisin these include a LOA of 15m+, permanent crew on board, and [crucially] 70 per cent of the commercial activity being conducted on the high seas (12nm from shore).
The EU’s decision on whether to accept this is due on 21 March, which could prove to be a landmark date in the history of the French superyacht industry. According to Desplanques, after this and assuming the criteria are approved, the dispute will turn to how vessels can demonstrate their observance of 70 per cent outside territorial waters.
But, if approved, the rules will come into play at the end of June, according to the panel. And their warning to attendees was to process charter contracts now, including payment of fees to avoid having to meet the new requirements, as the law will not be applied retrospectively.
Following France was Ezio Vannucci, of Moore Rowland Associati, assessing the Italian tax situation, which proved to be as opaque as it is perceived. The reasons for Vannucci explained the recent fuel duty inspections in Sanremo, and as it transpired, it was not the yachts boarded that were the subject of the investigation. The company selling duty-free fuel to foreign-flagged yachts was in contravention of Italian customs law.
In fact he said, the Italian government had introduced article ‘577’ to accommodate the sale of duty-free fuel to non-EU vessels, which requires them to travel to a non-EU port upon purchase so that the fuel is deemed an ‘export’. This brings non-EU bunkering in Italy in line with that of European vessels. (SuperyachtNews, 7 March 2013)
News
e3 Systems have announced the opening of a new office in Fort Lauderdale and the appointment of a US VP for Direct Sales, David Horacek. Horacek joins e3 from Linkscape, a maritime VSAT service provider. His previous positions have all been in the field of providing global voice, data, and IT solutions both on land and at sea.
“David has extensive experience in communications sales and business development in the maritime and yachting industry. We are delighted that he has joined us at a time of expansion into the US market.” commented Roger Horner, e3 Systems Managing Director.
Over the past few years e3 have expanded into Malta, Antigua, France and Italy. Last year the company sold 60% of its equity and became part of the Spanish based group grupoarbulu which has offices worldwide and operates in the commercial and fishing marine electronics markets.
Horner went on to say: “e3 specialises in providing technology to connect people globally. We are a communications integrator and provide the most effective solutions for yachts from a best of breed selection of services. This allows our clients to do what they want to do wherever they want to do it. The opening of our US office forms part of our strategy to expand our direct service and support in the key yachting hubs”. (Press Release e3Systems, 13 March 2013)