Category: News

US Government May Proceed with Sale of Seized Yacht Amadea after District Court Ruling Determines True Owner

Case: US v. M/Y Amadea, 23-cv-09304, US District Court, Southern District of New York (Manhattan). On Monday, March 10th, Judge Dale Ho. released his judgment on a case to determine the actual owner of Amadea, the 106-meter seized superyacht, ruling that Eduard Khudaintov’s attempt to block the US Government’s plans to auction off the vessel,…
Second Edition of Qatar Boat Show Announced for November 2025

Following the success of the inaugural Qatar Boat Show in 2024, Old Doha Port has penciled in the event’s second edition for November 5-8th, 2025, at Old Doha Port marina. The first show garnered more than 23,500 visitors and saw exhibitors from 11 countries with 74 vessels displayed across the 250,000 square meter venue. Old…
Several Regulatory Announcements Made for Foreign Flagged Yachts Visiting the UAE

Coming out of the 31st Dubai International Boat Show, several key regulatory additions concerning foreign-flagged vessels entering the UAE. Announced by the Dubai General Directorate of Residency and Foreigners Affairs (GDRFA), here are new additions to the UAE’s leisure marine policies. Golden Visa Scheme: Following the footsteps of Abu Dhabi’s “Golden Quay Initiative,” Dubai has…
Azimut Expands to Saudi Arabia with Elite Yachts

Following a successful showing at the 31st Dubai International Boat Show, Azimut Yachts announced their expansion to Saudi Arabia through an existing dealership with Elite Yachts. This also marks the introduction of the Azimut Concierge Service in the Kingdom, an offering created to enhance the ownership experience of Azimut’s clientele with a 24/7, multilingual team….
Dubai International Boat Show Moves to April for 2026 Edition

The Dubai International Boat Show (DIBS) has been appointed a springtime date for its 2026 edition. Due to adjustments owed to the Holy month of Ramadan, The 32nd edition of DIBS returns on Wednesday, April 8th, and runs until Sunday, April 12th, in its current home, Dubai Harbour. This marks the fifth consecutive year that…
Oceanskies Establishes Middle East Base in Dubai

Consultancy group Oceanskies has formally entered the Middle East superyacht market with Oceanskies Dubai, with Ryan Fallaize appointed as director. The company, specializing in yacht registration, crew employment, and payment services, was established in 2013 by Duncan Swanson and Tom Becker on the Channel Island of Guernsey before opening offices in Malta and Southampton, United…
Online Marketplace YachtFinds.com Launches in The Middle East

The Middle East, a region with over 40,500 registered marine crafts, has officially found its first dedicated online marketplace for boats and yachts. YachtFinds.com allows users in Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, and Oman to list their vessels for sale and charter. Registration for the website is free and allows companies, brokers, dealers, and…
Project Marsa Zayed in Aqaba to Feature Marina and Yacht Club

Project “Marsa Zayed” in Aqaba, one of the Red Sea’s largest investments, was officially underway when Jordan’s Prime Minister Jafar Hassan laid the foundation stone of phase 1. The project, which spans 3.2 million square meters, was developed by MAG Group Holding on behalf of Abu Dhabi Ports Group (AD) and is part of a…
Pardo Yachts Enters Middle East Superyacht Market with Ocean 360

Image: Marcello Veronesi, Sebastian Dumitrescu, Bogdan Borascu, Rok Babarovic. Italian boat builder Pardo Yachts, a division of Cantiere Del Pardo, has announced its partnership with Ocean 360, the exclusive dealer of the shipyard’s boats in the UAE. : “The Middle East holds strategic importance for Pardo Yachts’ global expansion. Partnering with Ocean 360, a trusted…
Trial to Determine Owner of Seized Superyacht AMADEA Begins in U.S Court

Case: US v. M/Y Amadea, 23-cv-09304, US District Court, Southern District of New York (Manhattan). Three years following the seizure of the 106-meter superyacht Amadea, in the wake of the 2022 Russian Invasion of Ukraine, the opening arguments of the evidentiary hearing to determine the true beneficial owner of the vessel took place last week….