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Category: Compliance

Navigating international maritime regulations requires up-to-date knowledge and strict operational discipline. Our maritime compliance articles cover evolving flag state rules, ISM/ISPS codes, safety audits, and environmental standards impacting superyachts. Stay informed on legal requirements to ensure smooth port state inspections and hassle-free global navigation.

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Category: Compliance
Sunreef 60 on fire

Sunreef 60 – What is known about the incident on Hvar

On July 3, 2026, a shocking incident unfolded in Tiha Bay on Hvar when the Sunreef 60 catamaran “SPICE OF LIFE” caught fire and sank. Fortunately, all five people on board—three crew members and two passengers—managed to escape unharmed. As firefighting teams battled the blaze, speculation arose about a possible battery explosion as the cause. With the rise of lithium-ion battery fires in modern yachts, this incident raises critical questions about safety on the water. What really happened that day? Dive into the details of this alarming event and its implications for the future of boating safety.

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5 Critical Mistakes Your Central Yacht Agent Makes That Are Costing You Bookings

Your yacht is a unique investment that deserves a marketing strategy as sophisticated as its design. If your current central yacht agent is making these common mistakes—treating your yacht generically, using poor visuals, lacking global reach on platforms like YachtFolio, ignoring smart pricing, or failing to communicate—it’s time to reconsider your partnership. A change to a truly professional central yacht agent could be the key to transforming your yacht into the highly profitable asset it was meant to be.

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Top 10 Most Famous and Successful Yacht Management Firms

Marine Project: The ONLY Yacht Management Company Offering Genuine Worldwide Technical Service. While every other firm on this list relies on local subcontractors, third-party shipyards, and outsourced technicians Marine Project is the ONLY yacht management company with a dedicated, in-house worldwide technical service capability.

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The New EU Guidance on VAT Status for Pleasure Craft: What It Means for Yacht Owners and Buyers

Since late April 2026, a document has been circulating in the yachting industry that has caused considerable discussion: the “Guidance Note for Pleasure Craft” issued by the European Commission’s Directorate-General for Taxation and Customs Union (TAXUD.A.1.003/EC) dated 30 April 2026. For the first time, the EU Commission has addressed pleasure craft explicitly and comprehensively in a dedicated guidance document on customs and VAT matters. What may initially sound like a technical administrative paper has far-reaching consequences for anyone who owns, is looking to purchase, or is selling a yacht – whether new or second-hand.

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Charter costs during yacht charter

Costs for Obtaining a Charter License in the Balearics

Obtaining a charter license for the Balearic Islands is a multi-stage administrative process that requires a wide range of documents, official procedures, and technical inspections. The costs involved are not a fixed fee, but rather a sum of variable items that depend on the size and type of your vessel, its flag, and your individual requirements.

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Yacht repair

Royal Decree 186/2023: A Detailed Summary of the Current Debate in Spain

Navigating the Spanish charter license process doesn’t have to be overwhelming. At Marine Project, we simplify the entire procedure – from initial application to ongoing compliance. Let us handle the bureaucracy so you can focus on your business. Contact us today or visit our dedicated service page here to learn more about how we can help you secure your Spanish charter license efficiently and reliably.

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