Tag Archives: yachts

Two yachts sank in Marina Zeas in Piraeus and a third one was extensively damaged, after a fire broke out late on  Thursday. One firefighter has been hospitalized due to breathing issues. The Coast Guard evacuated ten people from the pier. The fire broke out in one of the yachts …

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Solaris, the super luxury yacht of sanctioned Russian oligarch Roman Abramovich has docked in Turkey’s Aegean Sea resort of Bodrum, Turkish media reports said Monday. A group of Ukrainians staged a protest on an inflatable boat and were detained. The Solaris docked in Bodrum after a zick-zack sailing through the …

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The Hellenic Republic Asset Development Fund S.A. (HRADF), a member of the HCAP Group, proceeds with developing the mega yachts marina in Corfu in the framework of its strategy for highlighting assets with a strong local footprint and enhancing tourism development and growth. The licensed mega yachts marina is located …

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 The European Commission has put Malta, Greece and Cyprus on notice of infringement proceedings for not levying the correct amount of Value Added Tax on the provision of yachts.  And some wonder why this when an identical system is used in France. This issue can generate major distortions of competition and …

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Roughly 50 vessels exceeding 50 meters in length are expected to be added to Greece’s mega-yachting sector if the existing cabotage* regime is lifted for third country registries (outside the EU and EEA). Under the present (and strict) legislative framework a pleasure craft registered outside the EU-EEA cannot be hired …

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Turkish Transport Minister Ahmet Arslan said he will visit Greece on Oct. 11 to discuss Ankara’s ban on Turkish-flagged commercial yachts and regular passenger ships sailing to Greece. The ban came on Sept. 25 after Greek authorities seized 11 Turkish vessels for alleged violations of maritime regulations. A ban was …

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Turkish authorities banned all commercial Turkish-flagged yachts and touristic vessels from sailing to Greek islands from ports on Turkey ‘s coast. According to Turkish media, the Transport Ministry issued a ban on Turkish-flagged commercial yachts and regular passenger ships sailing to Greece as of Sept. 25  “after the Greek authorities …

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The Greek Coast Guard in cooperation with the newly established independent authority for public revenues, has reportedly stepped up checks of yachts and tourist vessels this summer in an attempt to net undeclared charter revenues and foreign-registered vessels that illegally carry out excursions exclusively in Greek waters. Inspections initially check …

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Greek tax evaders with assets abroad are wrapped up in lists. After, the Swiss Lagarde-list (2,59 names) and the British Jersey-list (97 names), two more lists have reached the Finance ministry, while a third is apparently on the way. Finance Minister Yiannis Stournaras revealed that two lists containing the names of …

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