Overseas Yachting

Latest News for: Overseas yachting

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Court quashes conviction of Hong Kong former leader Tsang

Asahi News 26 Jun 2019

He had pleaded not guilty to misconduct charges in late 2015 ... There should not be such an order." ... The legal battle began in 2015 when Tsang was charged with misconduct in public office in a trial that centered around allegations of lavish spending on overseas duty visits and taking trips with tycoons by private jet and luxury yacht ... ....

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Hong Kong court quashes conviction of former leader Donald Tsang

Yahoo Daily News 26 Jun 2019

He had pleaded not guilty to misconduct charges in late 2015 ... There should not be such an order." ... The legal battle began in 2015 when Tsang was charged with misconduct in public office in a trial that centred around allegations of lavish spending on overseas duty visits and taking trips with tycoons by private jet and luxury yacht ... ....

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U.S. poised to file sanctions, criminal charges over Venezuela food-program fraud

Market Watch 21 May 2019

WASHINGTON — The U.S ... officials, part of an effort to target what they describe as a large-scale money-laundering operation run by the government ... Through the alleged money-laundering networks, some of these people amassed large sums in overseas accounts, as well as U.S. real estate, yachts and airplanes, according to a senior Treasury official ... ....

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Hainan to start pilot cruise tourism

People Daily 13 May 2019

A yacht moves past the cruise ... In April, a new policy made it possible for overseas yachts to enter waters off Hainan island and its adjacent scenic spots with temporary approval from the Hainan provincial authorities, the first province-level area to manage the entries directly....

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Former Nissan boss Carlos Ghosn is hit by fresh charges over alleged misuse of company funds

This is Money 22 Apr 2019

He is accused of funnelling millions of pounds to private companies to pay for a luxury 120-foot yacht....

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Yachts from overseas get easier access to Hainan

People Daily 16 Apr 2019

Overseas yachts can now enter the waters of Hainan Island and its adjacent scenic spots with temporary approvals, thanks to a new policy making Hainan the first provincial-level area to manage such entries directly, according to provincial authorities ... a yacht tourism destination....

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China's island simplifies procedure for foreign yachts

Xinhua 12 Apr 2019

... said Friday that it has launched a pilot program to simplify procedure for overseas yachts to enter some of its waters....

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What ever happened to the SunPass mess? We follow up memorable 2018 stories

Tampa Bay Times 26 Dec 2018

Tariffs raise costs, depress sales at Bertram Yachts. Ten months after President Donald Trump tweeted that "trade wars are good, and easy to win," Bertram Yachts in Tampa is feeling the effects of tit-for-tat tariffs in two different ways ... "We do not believe that these buyers have bought another yacht," Truslow said....

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A Chinese company is spending $1.74 billion on a communist theme park

Business Insider 24 Dec 2018

Wanda came under the scrutiny of China's banking and securities regulators for the outsize leveraged acquisitions it undertook overseas, for such assets as the Sunseeker yacht builder, the AMC chain of cameras, real estate around the world, and even the Iron Man races ... ....

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Sydney to Hobart line and handicap chances

This is Money 20 Dec 2018

Five supermaxis lead the battle for line honours in this year's Sydney to Hobart yacht race, while the ... * TEASING CHIEF - Perhaps the pick of the overseas contenders, this 54-foot French yacht has recorded good results in both the 2017 Middle Sea and RORC Transatlantic races....

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A Chinese company is spending $1.74 billion on a communist theme-park in the birthplace of China's revolutionary party

Business Insider 14 Dec 2018

Wanda hopes to cash in on the growing trend of so-called "red tourism." ... Wanda came under the scrutiny of China's banking and securities regulators for the outsize leveraged acquisitions it undertook overseas, for such assets as the Sunseeker yacht builder, the AMC chain of cameras, real estate around the world, and even the Iron Man races ... ....

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These are the top hobbies that SA's wealthy people get up to

Independent online (SA) 29 Nov 2018

DURBAN - AfrAsia Bank and New World Wealth recently reviewed the top hobbies for the wealthy in South Africa. Below is a list of hobbies that are popular with HNWIs (High Net Worth Individuals) in South Africa.. 1 ... Yachting and sailing ... Skiing (overseas)....

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Five supermaxis for Sydney Hobart race

This is Money 19 Oct 2018

A race-record contingent of five supermaxis, four of them previous line honours winners, will contest this year's Sydney to Hobart yacht race. A week before entries close, 80 boats have already nominated for the annual 628 nautical mile race starting on Boxing Day on Sydney Harbour ... The 2018 fleet will also include at least 12 overseas yachts ... ....