Dragonfly, YachtAid Global Help Vanuatu After Cyclone

UPDATE, MARCH 20, 2015: The support yacht Umbra has joined the relief effort for Vanuatu. Umbra is perhaps the most ideal type of yacht to respond to YachtAid Global’s request for assistance. It’s a Fast Yacht Support Vessel (built by Amels’ parent company, Damen), intended to carry supplies and people alongside a traditional superyacht. YachtAid Continue reading

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 Continue reading

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

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 Continue reading