The Business of Middle East Superyachting

Tag: Teak

  • Sunseeker Fined For The Illegal Importation of Teak; Pleads Guilty on Three Charges

    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…