Refits at Amico & Co. to Benefit From AEO Status

Unless you’re in the business of transporting goods that require customs clearance, you’ve probably never heard of AEO. It stands for Authorized Economic Operator, a voluntary certification available throughout the European Union. In brief, it means the operator has strong shipment security procedures, thereby promising simpler clearance procedures. This, in turn, saves time and money Continue reading

Perini Navi Drops Picchiotti Brand

Establishing a brand identity is crucial to a business’ success. Even when a name has been around for centuries, though, confusion can arise. That’s among the reasons why Perini Navi decided to eliminate the Picchiotti brand. For now on, all yacht projects, power and sail, will carry the Perini Navi name. Perini Navi announced the Continue reading

Azimut Benetti Group Takes Full Ownership of Fraser Yachts

Previously the majority shareholder of Fraser Yachts, the Azimut Benetti Group now has 100 percent ownership. “This recent acquisition is part of the strategic plan of our Group,” explains Paolo Vitelli, president of Azimut Benetti Group. “We are the only player in the yachting industry that takes care of the owner along the entire process, Continue reading