Prince

Credit Suisse Wins $41 Million Superyacht Lawsuit Against Saudi Prince

Swiss lender Credit Suisse has won a $41 million lawsuit against a member of the Saudi royal family over a loan to refinance a super yacht, with London’s High Court ruling there was no viable defense to the bank’s case.Prince Fahad bin Sultan bin Abdulaziz al Saud is liable to pay his company Burgundy Sea Ltd’s debts to Credit Suisse, Judge Robert Bright said in a written ruling.The judge had ruled in Credit Suisse’s favor without a trial at a hearing last month, at which the prince and Burgundy were unrepresented…

The Benefits of Sustainable Marine Lumber

Today’s marinas are held to a higher standard of environmental stewardship than in the past. No longer are they just responsible for the environmental impacts of their day-to-day operations, but also of their infrastructure and how it affects both the oceans, waterways and their delicate marine ecosystems. For these reasons, many marinas are being far more selective as to construction materials being specified for their expansion and/or restoration projects.One material that is rising to the top for its eco-friendly and performance attributes is sustainable marine lumber.

Yacht Club de Monaco and Torqeedo Team Up

The Yacht Club de Monaco has thrown down the gauntlet for the sixth annual Monaco Solar & Energy Boat Challenge, banning all fossil fuels and asking competitors and the Monegasque community to strive for zero emissions during the 5-day event.Torqeedo has partnered with Yacht Club de Monaco to ensure that all boats involved in the organization of the event are 100% electric and will serve as the event’s Technical Sponsor.The Monaco Solar & Energy Boat Challenge aims to inspire technical innovation by matching the creativity of young engineers with experienced manufacturers to design…

PROJECT PHOENIX. RISING 2020.

Project Phoenix Series is a revolutionary spec build, representing the collaboration of an American design and engineering team and a South Korean shipyard constructing the first superyacht in the world’s leading shipbuilding nation.Lazzara Ombres Architects of Tampa, Fla. partnered with BongChul “BC” Kim of GHI Shipyard to build their 130-foot, aluminum luxury sport superyacht design. With the vessel’s hull and superstructure now complete for the five stateroom vessel, interior and outfitting will commence with the vision of interior designer Alexandre Thiriat. Mr.

Mediterranean - A New Playground for IMOCAs

In line with a sports policy driven by its President HSH Prince Albert II, the Yacht Club de Monaco is organizing the first Monaco Globe Series early June, the first stage of the new IMOCA (2018-2020) Championship. The second will be the Route du Rhum in November which celebrates its 40th anniversary. With nine of the 60-footers already registered and one pending confirmation, the double-handed non-stop offshore race without assistance is a chance for competitors to rack up points towards selection for the Vendée Globe 2020.

Yacht Chefs Contest at the Yacht Club de Monaco

As part of its training center La Belle Classe Academy, dedicated to the yachting professionals, the Yacht Club de Monaco has partnered with the yacht brokerage company Bluewater to organize, on April 5, a culinary contest for yacht chefs. This 2018 edition saw 12 leaders of different nationalities compete. All 12 are superyachts chefs onboard vessels over 40 meters, from which 5 fly the Monaco Yacht Club's flag: Rola (47m), Black Legend (50m), Sokar (64m), Royal Romance (92 m) and the very emblematic Lady Moura (105 m).

MYS Supports the 2018 Monte-Carlo Gala for the Global Ocean

The Monaco Yacht Show joins forces with the Event Committee of the 2nd edition of the Monte-Carlo Gala for the Global Ocean, that will be held on the terraces of Opera Garnier on the opening day of the Monaco Yacht Show, Wednesday, September 26, 2018. Chaired by HSH Prince Albert II of Monaco, the Monte-Carlo Gala for the Global Ocean will bring together international artists and renowned philanthropists committed to actions for marine protection. Organized by the Prince Albert II of Monaco Foundation…

Post-Brexit, Lawmakers Call for Royal Yacht's Return

As Britain sets sail in uncharted waters on the lookout for post-Brexit trade deals, lawmakers and a former diplomat have earmarked two key weapons: the Duchess of Cambridge and a new royal yacht. Following the vote in June for Britain to leave the European Union, and with the government facing the tricky task of securing new trade agreements, some 100 lawmakers from Prime Minister Theresa May's Conservative Party have called for ministers to back the commissioning of a new royal yacht. "I think we have to ask ourselves what sort of Britain we want to live in and what we can do ...

British Queen to Name New Ship

Queen Elizabeth II will christen P&O Cruises’ new flagship Britannia in Southampton, England, on March 10. She will be accompanied by her husband, Prince Philip, the Duke of Edinburgh. The naming ceremony of the new 141,000-tonne cruise vessel will take place at Ocean Terminal in Southampton, England and will be of great national interest. David Dingle, Carnival’s UK chairman, gave the following statement: “We are honoured and proud that Her Majesty will name Britannia almost 20 years after she named the P&O Cruises’ ship Oriana.

Superior Prepares for Monaco Debut

Superior will be attending the 24th edition of the world’s largest on-water show devoted to superyachts, in the idyllically situated deep-water port of Port Hercule, Monaco, September 24-27. “This is our first time exhibiting in Monaco,” said Superior CEO, John Hogan. Among their products is the new Waterscape project, the world-first commercial and domestic adaptive floating system (AFS) recently patented and launched in Australia. Created by Hogan and architect, Alexander Lotersztain at Derlot Pty Ltd, Waterscape shines the spotlight on the “water appeal” of a home or venue.

BLUE: Ocean Film and Entertainment

If necessity is the mother of invention, then the pressing needs of our ocean explain the spawning of innovation at BLUE Ocean Film Festival & Conservation Summit (BLUE). This annual multi-disciplinary summit is a convergence of bright minds with big hearts focused on expediting ocean conservation - now when it’s needed most. BLUE sets in motion a mix of ocean all-stars mobilized by a supportive environment of breathtaking (and sometimes gut-wrenching) films, creative ideas and new technology.

Wood Forever Pact: New Criteria for RINA Green Plus Yacht

A Monaco yacht show dedicated to the Green philosophy through numerous initiatives aimed at boosting environmental awareness in the world of pleasure craft. On Saturday 28 September, aboard the 55-meter Ocean Paradise built by Benetti shipyards, an event was held which left a notable green footprint on the decks of the super yachts: leading classification company RINA Services and the Prince Albert II of Monaco Foundation joined forces to promote the sustainable use of wood in the yachting industry.

Senators Murray, Cantwell Introduce American Port Legislation

U.S. Senators Patty Murray and Maria Cantwell introduced today The Maritime Goods Movement Act for the 21st Century, new legislation that would support the American trade economy and significantly strengthen American ports. The legislation would replace the outdated Harbor Maintenance Tax (HMT), which is designed to fund the operation and maintenance of American ports, but currently incentivizes shippers to bypass American ports and move U.S. bound goods through Canada and Mexico instead.

Prince Joins Stars on Eve of PWA Windsurf Race

HRH Crown Prince Frederik of Denmark met the PWA windsurfing stars in Klitmøller, Denmark, on the eve of the 2013 KIA Cold Hawaii PWA World Cup on Monday, September 16. A former Danish Navy Seal, accomplished sailor and iron man triathlete, the Crown Prince is the new event patron and spent the morning learning the sport in this windsurfing mecca. He was on Vandets Sø near Klitmøller, with 15 7-15 year-old children from Glyngøre school. He then took a jet ski out in Klitmøller to get a closer look at how the professionals do it.

Windsurf Champ Set to Defend Storm Chase Title

Fresh from a second Storm Chase victory, in Tasmania, Thomas Traversa, the 2012 KIA Cold Hawaii PWA World Cup champion, is in relaxed and typically modest mood ahead of the start of his title defence in Klitmøller, Denmark, on Monday September 16, 2013. “I believe in myself more. I’m not like ‘oh, I’m going to lose, I’m going to lose’, I know I have a chance, It’s good,” Traversa said. Traversa’s choice of his main rivals in Klitmøller comes as no surprise; Philip Köster, the German winner of the wave tour for the last two years and Spaniard Victor Fernandez Lopez…

Marina Projects Secure Approvals for River Hamble Project

The Royal Southern Yacht Club and Royal Air Force Yacht Club are delighted to have been successful in securing Harbor Works Consent, Planning Permission and a Marine License for the development of the proposed Prince Philip Yacht Haven on the River Hamble. Specialist consultancy Marina Projects Limited has been the lead consultant throughout an extensive feasibility, design and consultation process that has been undertaken over the last 18 months. Mark Inkster, Immediate Past Commodore for the Royal Southern…

DMCA Renovates Customer Service Office

Initiative to ensure highest standard of customer service for Dubai’s maritime industry. Dubai Maritime City Authority (DMCA) has announced the official opening of its newly enhanced Customer Service Office to offer licensing services to commercial, sports, tourist and recreational marine crafts operating within Dubai’s territorial waters. The move is in line with DMCA’s commitment to boost the level of quality and services offered in Dubai and provide all marine licensing services as part of the Implementing Regulations of Law No.

Shipowners' P&I Club Sponsors Thames Sailing Barge Match

The Shipowners’ P&I Club is sponsoring the Mark Boyle Memorial Thames Sailing Barge Match which takes place on July 13, 2013 in this its 150th anniversary year. The event is held this year in memory of Captain Mark Boyle, who revived the event in 1995 and organized it each year until his untimely death last year aged 55. The Match was the brainchild of Henry Dodd a wealthy London businessman from humble origins who built his business on waste transportation by sailing-barge from London to refuse works along the river supplying ash for the brick-making industry. He was a good friend of Charles Dickens, who used him as the model for Mr.

Round Europe Yacht Race Winners

After 2450 miles of offshore racing, linking Valencia to Roscoff on the Bay of Morlaix via Lisbon, Dún Laoghaire and Plymouth and 16 inshore short course contests of which they won nine, the Edmond de Rothschild crew are winners of the MOD70 class on the inaugural Route des Princes multihull race around Europe. Skippered by Sébastien Josse, the Edmond de Rothschild crew won the crucial Leg 4 bonus points at the Roche Gautier mark and then made sure of their overall race victory when they finished first across the finish line of the last offshore stage, the short sprint from Plymouth.