Tag: Environment
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Interview: IYC CEO Raphael Sauleau on What’s to Come for the Superyacht Industry in 2025 & Beyond
Earlier this month, the CEO of yachting firm IYC sat down with The Maritime Observer in a conversation forecasting what awaits the superyacht market in 2025 and beyond. Over the course of this conversation, Sauleau provided insight on a conveyor belt of trends, opportunities, and challenges concerning the industry, from the U.S. presidential elections to…
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The Red Sea Becomes an IMO Special Area, But What About Regulations for Emissions?
On January 1st, 2025, The Red Sea and the Gulf of Aden were officially recognized as “Special Areas” by the International Maritime Organisation (IMO)’s International Convention for the Prevention of Pollution from Ships (MARPOL). Decided during the 80th Marine Environment Protection Committee (MEPC) session in July 2023 – under IMO Resolutions MEPC.381(80) and MEPC.382(80) –…
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Sunseeker Fined For The Illegal Importation of Teak; Pleads Guilty on Three Charges
On Wednesday, November 27th, British shipyard Sunseeker International pleaded guilty to three charges for the use of 11 imports of illegal Myanmar teak (with evidence of more) and breach of timber laws. Sitting in front of the Bournemouth Crown Court, the luxury boat builder was fined a total of £358,759,64 by Judge Jonathan Fuller. This…
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Candela to Provide Luxury Destination NEOM with P-12 Foiler Shuttles.
NEOM commission eight environmentally friendly P-12 foiler boats for the destination’s planned water network by Swedish builder Candela.
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The Environmental Landscape of the Superyacht Sector in The Middle East
In recent years, The Middle East has been gearing towards establishing itself as a superyacht destination that would welcome owners worldwide to extend their peregrinations to the region, a prospect that is particularly appealing during the winter time but offered all year round. Developments ranging from the United Arab Emirates’ world-class Harbour and Mina Rashed…
