FYBA: “Let Foreign-Flagged Yachts Sell to U.S. Residents in U.S. Waters”

EDITOR’S NOTE: The Florida Yacht Brokers Association (FYBA) is one of the world’s largest organizations representing those helping yacht owners buy and sell their boats. Among other things, FYBA lobbies on behalf of the yachting industry on hot-button issues. One of the latest is the longstanding U.S. law that, in essence, prevents foreign-flagged yachts to […]

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U.S. Bankruptcy Court Approves Sale of Yacht Path International

PHOTO: iStock

A newly formed New Jersey-based company has acquired Yacht Path International and its assets for $250,000. In June, the bankruptcy court for the Southern District of Florida approved a hearing for July 22 to review bids for Yacht Path International, with all bids due by July 21. According to court documents, the only bidder to […]

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SYBAss Gets Twin Crew Cabins OK’d on Super-Size Superyachts


MCA’s newest Large Commercial Yacht Code, LY3, will now permit megayachts in the 3,000- to 5,000-gross-ton range to include twin cabins for non-officer crewmembers, thanks to petitioning by the Superyacht Builders Association (SYBAss). To be clear, SYBAss and its members are not against the principle of comfortable living conditions for crew. Rather, in studying the […]

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International SeaKeepers Society Kicks off SeaKeeper Drifter Program


The International SeaKeepers Society is offering its own version of proven spherical drifters, called the SeaKeeper Drifters, to yachts and megayachts wishing to bolster the non-profit’s efforts in assisting scientists with ocean research. Spherical drifters (left) are just what they sound like: volleyball- or even basketball-like devices that bob on the water’s surface. They’re further […]

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Yacht Path Files for Bankruptcy Protection


Yacht Path International, a prominent yacht and megayacht transport company based in Florida, and three related companies have filed for Chapter 11 bankruptcy protection. The filing was made on March 20 as a voluntary petition, meaning Yacht Path itself submitted the request. (Companies can be forced into bankruptcy by their creditors, a situation that would […]

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