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Yacht Brokers

IYC Names its Brokers of the Year

Barbara Stork Landeweer

International Yacht Collection (IYC) iannounced that Frank Grzeszczak and Barbara Stork Landeweer are the company’s  2013 Yacht Broker and Charter Brokers of Year, respectively. Representative of a banner year for IYC, both brokers played a pivotal role in promoting the superyacht lifestyle and helping their clients achieve results in the global market. “I have the privilege to again congratulate Frank and Barbara on their exceptional performance,” said Bob Saxon, IYC President. “This is Barbara’s third consecutive year being recognized as the leader in IYC’s yacht charter division; Frank has been awarded the title numerous times as well. They have realized tremendous success internationally in a marketplace that is both demanding and rewarding.” Frank Grzeszczak, IYC Yacht Broker Having built a 25-year career in preowned and new construction yacht sales, Frank Grzeszczak has been with IYC since 2007. His criterion for success has always been based on three fundamental principles: knowledge of product, honesty and integrity. More, his strong work ethic blends reliability, diligence and professionalism with an understanding that team work encompasses both client service and respect for one’s fellows in industry. This has garnered Frank great esteem with his clients and his worldwide network of yacht brokers.


Newport Beach Boat Show – Mikelson Yachts on Display

Sports Fisher M43: Photo credit Mikelson Yachts

Mikelson Yachts to showcase two yachts at Newport Beach's 39th annual boat show Mikelson Yachts will  display two models in the 39th Annual Newport Beach Boat Show during April 19-22 at Lido Marina Village. The show gives exposure to over 300 vessels of varying sizes. Featured in the show for the last 30 years, Mikelson Yachts will be back in attendance this year presenting the 43 Zeus Sportfisher and the 59 Nomad Cruising Sportfish


Bradford Marine Expands Line

Bradford Marine, Inc. (Bradford Marine) announced that they have expanded their line of services with the formation of a new subsidiary, Bradford Marine Group, Inc. (Bradford Marine Group). The Bradford Marine Group will significantly add to Bradford Marine’s ability to provide a full line of quality yacht services from their shipyard in Ft. Lauderdale. Bradford Marine Group will provide consulting services to yacht owners, their Captains and crews


Kennedy Joins Moore Stephens Brokers Ltd.

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Moore Stephens Brokers Limited, a source of general insurance products tailored for Superyachts, has appointed Kathy Kennedy as its new executive vice president it was announced today. She will be based in the USA. “I’m really pleased to join Moore Stephens at this exciting time for the company”, said Kathy, “I look forward to adding to the company’s already diverse blend of services and expanding their client relations not only in Northern America but also


Private Yacht Owners Warned

MAST launches new perimeter defense for super-yachts. MAST Technololgy, part of MAST group (‘Maritime Asset Security and Training’), a maritime security and piracy protection specialist, says that super yacht owners are turning to close protection amid fears of an escalation in maritime crime due to growing instability in North Africa due to the implications of the Arab Spring. The company, which deliveries both commercial and private maritime security


Raven Offshore Yacht Shipping Sets Sail with First Charter

Pilot Boat on Deck of Star Lofoten with Ship Raven

Raven Offshore Yacht Shipping announces that their first charter with Grieg Star Shipping was loaded and departed on schedule on Sunday, August 25, 2013 from Vancouver, B.C. Cofounded earlier this year by industry experts, insurance broker Rick Gladych, and Anthony Utley of Raven Marine Services in British Columbia, Raven Offshore Yacht Shipping charters the decks of Grieg’s L-Class Ships (paid-in-full), virtually eliminating any third-party issues.


Brokers Required to Sign Legislation Bites

International Transport Intermediaries Club (ITIC) said that shipbrokers are being required to sign formal agreements with their principals in the light of a worldwide trend towards stricter anti-corruption legislation, and ahead of the implementation of the new UK Bribery Act in April 2011. The typical document presented to brokers will set out the principal’s prohibition of the payment of bribes and/or the provision of other inducements


BV Launches Condition Assessment Program for Yachts

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Bureau Veritas has extended its Condition Assessment Program to cover all types of yachts. BV Yacht CAP will provide owners with a certified and recognized evaluation of the real status of any yacht to promote the yacht’s condition to charterers, brokers, yacht managers, banks and leasing companies. “Big yachts are big business but a high risk area for charterers and financiers,” says Vincent Lefebvre, Head of CAP and Environment section, Bureau Veritas


Litigation Can Cost Shipbrokers an Arm & a Leg

File photo CCL3

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts, reports trade association Maritime London. Indemnity insurers ITIC gave a panel of London solicitors – all of whom had previously been instructed on cases involving ITIC members – a hypothetical claim scenario involving a broker which had been cut out of commission


Maersk Broker Agency Sold to Denmark Firm

Photo: Maersk Broker Agency

Shipping.dk, part of USTC Group, has acquired Maersk Broker Agency. Maersk Broker Agency will be merged with Shipping.dk.   The acquisition is part of the Denmark-based shipping and logistics company's plan to expand its position as a significant player in Scandinavian agency and stevedoring (loading and unloading) operations.    "The acquisition strengthens and deepens our activities and platforms in Scandinavia and is also highly experienced and qualified staff on


Arctic Yacht Race from New York to Victoria

Arctic Yacht Race route: Sailing the Arctic Race (STAR)

 Extreme Arctic yacht race planned  a race through the Northwest Passage, from New York to Vancouver Island, is possible only because of sea-ice melt, the organizer says.   Sailing The Arctic Race (STAR) is launching an extreme sailing race from the Atlantic to the Pacific through


Ancasta to Launch Prestige 680

Presige

  Ancasta International Boat Sales is in the process of launching the Prestige 680, the newest luxury motor yacht from Prestige, which will have its world premiere at Cannes in September 2015. A 21m flybridge cruiser, the Prestige 680 boasts all the key features that have made the


Steelhead Introduces a New Yacht Crane

Steelhead Introduces a New Yacht Crane

  Steelhead Marine, a North American crane manufacturer, has expanded its product offering with the launch of the new E Series 1000 crane. Suited for commercial and recreational vessels, the E Series crane is available primarily in a 1,000-lb model with a 1


Asia Tankers-VLCC Rates Soar

Middle East VLCC rates hit $69,500 a day; daily VLCC rates average $51,000, highest since 2008 (Clarkson). Rates for very large crude carriers (VLCCs) on a key Asian route jumped to a three-month top this week, but prices are likely to soften as charterers hold back cargoes amid a slight


Legally China Can't Claim South China Sea: Indonesia

Indonesian President Joko Widodo (Photo:  The national association for Amateur Radio)

 Indonesian President Joko Widodo said China'a claims to the majority of the South China Sea have "no legal foundation in international law," he told Japan's Yomiuri newspaper.   "We need peace and stability in the Asia-Pacific region


Hong Kong - Philippines Yacht Race

Yacht Race

   A yacht race from Hong Kong to the Philippines will take place from 1 April (Wednesday) to 6 April (Monday). About 24 yachts are expected to participate in the race.   The race will commence on 1 April 2015 at 1330 hours at a place off the Causeway Bay Typhoon Shelter


Front Street Unveils New Line of Sailing Yachts

Deisgn provided by Front Street Shipyard

 The US builders Front Street Shipyard’s in-house design team is collaborating with yacht designer Bill Tripp to develop a new line of modern sloops that are now available for construction.   The shipyard said the line includes 84-foot


Taiwan Boosts Yacht Export

Picture by Taiwan Yachts Industry Association

 Taiwan's yacht industry saw its first double-digit growth in nearly a decade, indicating an inspiring revival led by development and sales of larger leisure boats, reports Chinese newspaper Commercial Times.   The export value of Taiwan-made yachts hit US$172 million, up 13


Yachting Malta PPP Sets Sail

Commodore Godwin Zammit. Photo by the Royal Malta Yacht Club

 Yatching Malta Ltd (YML) - a new public private partnership (PPP) between the government and the Royal Malta Yacht Club (RMYC) was formed with the aim of putting Malta on "the global yachting map".   Prime Minister Joseph Muscat launched YML at the club's headquarters in Ta


Maritime Training Academy Announces Diploma in Maritime Security

  The Maritime Training Academy announced the launch of its new diploma in maritime security today.   The Surrey, UK-based distance learning center said the diploma in maritime security will commence April 1st, 2015 and will consist of 11 modules including ISPS code


BMT Expands to Meet Increased Workload

Photo courtesy of BMT

BMT Nigel Gee (BMT), a subsidiary of BMT Group, has announced the completion of new offices in Southampton in order to meet a large increase in design work.   Operating across four principal market sectors, the naval architectural practice delivers design and engineering services for


Tanker Backlog Builds at Basra

Ships face up to a three week wait; bad weather in February delayed loading, created backlog. * April intake to be reduced to clear backlog By Keith Wallis SINGAPORE, April 1 (Reuters) - A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face


Cuba Fears Invasion of US Yachtsmen

Havana Bay (Image: Public Broadcasting Service)

 The rapprochement between the United States and Cuba could mean that tens of thousands of U.S. yachts could soon descend on the island, an influx for which the country's infrastructure is not prepared, Agence France-Presse reported.  


AVIC buys 60% in ship investment firm

Photo Courtesy: AVIC International Maritime Holdings Limited.

 AVIC International Maritime Holdings is in the process of acquiring 60 per cent in a Singapore-incorporated ship investment firm for $3.6 million.   The Singapore-listed firm, as per a regulatory filing, will acquire three million issued and paid-up shares


Cleveland Coast Guard Continue Investigation, Cleanup Operation

Courtesy USCG

  Crews are continuing their response and investigation Saturday for an unknown substance that was released Friday into Lake Erie at the Forest City Yacht Club in Cleveland. The spilled product coming from an outflow pipe near the marina appears to have ceased.






 
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