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OPPORTUNITIES IN SUPERYACHTS - 2nd Annual Event
3rd April 2014, Westin Dragonara Resort, Malta14.20 Marinas
Following its successful launch in 2013, Quaynote is delighted to announce that Opportunities in Superyachts, the international industry conference, will once again take place in Malta on Thursday, 3rd April, 2014.
Taking place at the Westin Dragonara Resort in St Julians, Opportunities in Superyachts will attract an elite audience of senior-level delegates to Malta, itself an established yachting and shipping hub and now home to this unique event.
With a keen emphasis on panel discussion and debate, the conference will focus on regulatory, financial, fiscal and legal issues as well as highlighting market trends and developments across the global superyacht industry.
Opportunities in Superyachts is essential for anyone with a vested interest in the successful operation or management of superyachts, including yacht managers, corporate service providers, builders, brokers, lawyers, registries, regulators, owners` representatives, insurers, accountants and other specialist service providers to the yacht industry.
PROGRAMME
AGENDA (subject to change)
|
| DAY
ONE: |
| 08.00 |
Refreshments and registration |
| Session
One: Welcome to the conference |
| 09.00 |
Conference organizer`s opening
remarks |
| 09.05 |
Conference Chairman`s
introduction to the conference |
| 09.10 |
Opening Address |
| 09.20 |
Keynote presentation: The
Superyacht Industry and the EU
- Engaging with the EU to
create a more favourable legislative environment
- How the superyacht industry
needs to lobby the EU
- Developing policies that
reflect changes in teh industry
Thierry Voisin
|
| 09.40 |
Questions and Discussion |
| Session
Two: Kick-starting global superyacht sales |
| 09.45 |
How do consumption patterns and
global wealth affect superyacht sales?
- Segmentation marketing
- Reaching the next generation
of superyacht owners
Ashok Rajan, U.S. Chief Investment Strategist, Global CIO
Office, Global Wealth Management. Merrill Lynch, New York
|
| 10.05 |
Lack of finance is hampering
superyacht sales: fact or fiction?
- The true story regarding the
availability of finance
- What are the criteria for
obtaining superyacht finance
- How is the perceived lack of
finance impacting the market?
Lisa Verbit, Senior Vice-President, Marine, U.S. Trust Bank
of America Private Wealth Management
|
| 10.25 |
Questions |
| 10.30 |
Panel discussion: Where will the
yacht sales of the future come from?
What are the obstacles to developing new chartering and sales in
emerging markets and how can these be overcome?
What innovative ways can be found to market yacht charters and
sales?
Panellists include:
Lisa Verbit, Senior Vice-President, Marine, U.S. Trust Bank of
America Private Wealth Management |
| 11.10 |
Refreshments and Exhibition |
| Session
Three: Tax and Registration |
| 11.40 |
What factors determine choice of
flag?
- How important is tax?
- What other considerations do
owners weigh up?
Steve Cain, Director of Tax, Equiom
|
| 11.55 |
Questions and Discussion |
| Session
Four: Chartering and VAT |
| 12.00 |
A guideline to VAT changes and
their impact on yacht chartering
- VAT changes in Italy
- French exemption update
- Croatia joining EU and
adopting European VAT regime
- Impact of Baccino case
Alison Vassallo, Fenech & Fenech
|
| 12.20 |
Panel Discussion: How will the
VAT changes affect yacht chartering (and purchase) in different
countries? Panellists discuss how their jurisdictions have
tackled new VAT regulations.
Moderated by:
Catherine Meotti, Director, Indirect Tax, KPMG
Panellists include:
Chris Borg, Boston
Alex Chumillas, Tax Marine
Freddy Desplanques, Senior Associate Avocat au barreau du Havre,
Ince and Co France
Jean-Jacques Ollu, Holman Fenwick & Willan |
| 13.00 |
Lunch |
| Session
Five: Refit and Repair |
| 14.00 |
Refit and Repair: is it better
to build a new yacht or refit an existing one?
Stephen Hills, Director, Pendennis |
| 14.40 |
Questions |
| Session
Six: Building and Designing Superyachts |
| 14.55 |
Building the superyacht of the
future |
| 15.15 |
Questions and Discussion |
| 15.20 |
Panel discussion: How can the
design and build of superyachts be improved?
What are the major challenges faced by builders and designers
now and in the future?
How can builders and designers ensure that state of the art AV
and IT installations are seamlessly integrated?
Moderated by: James Roy, BMT Nigel Gee
Panellists include:
Hugo van Wieringen, Director & Naval Architect, Azure Naval
Architects Krystyna Wojnarowicz, co-Founder, Marsec-XL |
| 16.00 |
Exhibition and Refreshments |
| Session
Five: Regulation update |
| 16.30 |
The impact of MLC 8 months on
Nick Saul, Owner and CEO of Bachmann HR Group |
| 16.50 |
Panel Discussion: What are the
regulatory changes that will have the most impact on the
superyacht industry over the next 2 to 5 years?
Is the industry prepared for these changes and if not, what more
must it do to meet the challenges ahead?
What view will insurers take of enhanced regulations? |
| Session
Six: Developing a superyacht hub |
| 17.30 |
Developing an attractive
destination for HNWIs
- Packaging the hub as a
destination for starting charters
- Expanding provision of
high-end marina space, restaurants, hotels
- Launching PR and marketing
initiatives to create awareness
Gino Cutajar, Fraser Yachts & President, Malta
Superyacht Industry Network
|
| 17.50 |
Questions and Discussion |
| 18.00 |
Cocktail Party |
| 19.30 |
End of conference |
SPEAKERS
CHAIRED BY: Fergal Quinn, Hill Dickinson
Thierry Voisin
Ashok Rajan, U.S. Chief Investment Strategist, Global CIO Office, Global Wealth Management. Merrill Lynch, New York
Lisa Verbit, Senior Vice-President, Marine, U.S. Trust Bank of America Private Wealth Management
Steve Cain, Director of Tax, Equiom
Alison Vassallo, Fenech & Fenech
Catherine Meotti, Director, Indirect Tax, KPMG
Chris Borg, Boston
Alex Chumillas, Tax Marine
Freddy Desplanques, Senior Associate Avocat au barreau du Havre, Ince and Co France
Jean-Jacques Ollu, Holman Fenwick & Willan
Stephen Hills, Director, Pendennis
James Roy, BMT Nigel Gee
Hugo van Wieringen, Director & Naval Architect, Azure Naval Architects
Krystyna Wojnarowicz, co-Founder, Marsec-XL
Nick Saul, Owner and CEO of Bachmann HR Group
Gino Cutajar, Fraser Yachts & President, Malta Superyacht Industry Network
OPPORTUNITIES
IN SHIPPING
Set in Malta, Opportunities in Shipping is a one day international conference that forms part of an extensive 3 day programme of multi-industry events on the island.
As the global shipping industry struggles with tough economic conditions, the conference will examine what opportunities there still are for companies in the commercial maritime sector. As well as giving an incisive overview of the current market, Opportunities in Shipping will tackle some of the key issues that concern the industry now and in the future.
Delegates will hear from senior industry leaders and have ample opportunity to debate a range of hot topics, including:
* Raising finance in the current economic climate
* An overview of the global shipping market
* Which shipping sectors are worth investing in?
* The role of flags in attracting financiers
* Building and designing vessels of the future
* What new opportunities does Africa offer the shipping industry?
* Judicial sales and what happens when ships are unable to pay their creditors
* Regulatory and legal developments and their impact on the industry
Opportunities in Superyachts, is now in its second year, running the day before, delegates with interests in shipping and superyachts can enjoy additional networking benefits by attending both conferences at a reduced price.
PROGRAMME
AGENDA
(subject to change)
|
| DAY
ONE: |
| 08.00 |
Refreshments and registration |
| 09.00 |
Conference organizer`s opening
remarks |
| Session
One: Welcome to the conference |
| 09.05 |
Conference Chairman`s
introduction to the conference |
| 09.15 |
Creating the right environment
for shipping to flourish:
what do governments and industry need to do now?
- Private/public initiatives
- The role of policy-makers
- Developing effective
incentives to invest
|
| 09.30 |
Keynote presentation: What is
the future for shipping?
- What are the key factors
leading to the current downturn?
- What do shipping companies
need to do now to improve their industry`s fortunes?
- Which shipping sectors show
promise and what can be done to capitalise on this?
|
| 09.50 |
Questions and Discussion |
| Session
Two: Raising ship finance |
| 10.05 |
Obtaining ship finance in
current conditions
- What bank lending and other
finance is still available?
- What criteria must projects
meet in order to obtain finance?
- Which market sectors are
attracting finance?
|
| 10.25 |
The role of flags in attracting
financiers
- How stable jurisdictions
present a secure option for financiers
- Why tax incentives are no
longer the determining factor
Ivan Vella, Credence
|
| 10.45 |
Questions and Discussion |
| 11.00 |
Refreshments and Exhibition |
| Session
Three: Judicial Sales |
| 11.30 |
What happens when ships are
unable to pay their creditors
- Examining the rise in
judicial sales
Ann Fenech, Fenech & Fenech
|
| 11.50 |
Questions |
| Session
Four: Taxation and Shipping |
| 11.55 |
The impact of Greek tax changes
- What are the changes and who
will be affected by them?
|
| 12.15 |
Questions |
| 12.20 |
Panel Discussion:
- Will shipping come under
closer scrutiny by tax authorities worldwide?
|
| 13.00 |
Lunch |
| Session
Five: The Tanker Sector |
| 14.00 |
Changes and opportunities in the
tanker sector
- What are the changes and
what is driving these?
- The costs and benefits of
sulphur and emissions regulations
Colin Cridland, Clarksons
|
| 14.20 |
Questions |
| Session
Six: The role of technology in the shipping industry |
| 14.30 |
What can the shipping industry
learn from the automotive and aviation industries?
- How implementing new
technologies can promote cost savings and fuel efficiency Krystyna
Wojnarowicz, co-Founder, Marsec-XL
|
| 14.50 |
Questions |
| 14.55 |
Panel Discussion: Mixing Sea and
Software
- Why has shipping been slow
to embrace e-commerce?
- What is the impact of this
on the industry`s performance?
- What is being done to
address the balance and is it enough?
|
| Session
Seven: Cutting the burden created by maritime regulations |
| 15.35 |
The e-Compliance Project
- Background to the project
- Managing regulations
digitally
- What will be the benefits to
the shipping industry?
Philipp Lohrmann, Project Manager, BMT Group
|
| 15.50 |
Questions |
| 16.00 |
Refreshments and Exhibition |
| Session
Eight: The Future: Developing a shipping hub |
| 16.30 |
Ship Management - The case for
Malta
Anthony Galea, DF Marine |
| 16.50 |
Questions |
| 17.00 |
End of conference |
VENUE
The Westin Dragonara Malta is one of the top luxury 5 star hotels in Malta.
The Westin Dragonara Resort rests on its 74,000-square-metre peninsula like a crown jewel, offering a glimpse of opulence and optimism to every guest. The azure waters of the Mediterranean lap against our private beaches, rimming the two beach lidos, casino and luxury St Julian hotel with their refreshing buoyancy.
Discover one of Malta's top 5 star hotels located in the heart of downtown St Julian's and right at the water's edge, from where one can directly access the Mediterranean sea from our two private beach lidos. Winner of the Top 10 Luxury hotels in Malta in the Tripadvisor 2013 Travellers' Choice and the Mediterranean's Leading Resort in the World Travel Awards 2013 , the Westin Dragonara Resort ensures your idea holiday or business accommodation.
For full details on the hotel and all its facilities please go do the website:
http://www.westindragonaramalta.com
Dragonara Road • St. Julians STJ 3134 Malta Phone: (356)(21) 381000
CONTACTS
Quaynote Communications
30 Fairfield Road
London N8 9HG
Tel 44 (0)20 3560 8154
Email: alison@quaynote.com
Lorna
Titley: lorna@quaynote.com
ALTERNATIVE
ENERGY
A
return to sails using autonomous
management of sail booms has been proposed and investigated in several
designs, the object being to eliminate manual trimming. Wing sails have
been shown to work, but have never taken off. Though, recent proposals by
Japanese ship builders include large sails on deck, a variation of the Walker
wing-sail system. Rotary wings, or turbines
is another area of harvesting energy from nature that is in its infancy,
Solar power has been used to circumnavigate
the globe, but at relatively slow speeds. Wave
power is another area receiving renewed attention.
HORIZON
2020 - RESEARCH COLLABORATION OPPORTUNITY
The
EU is looking for proposals
that will eventually give zero, or near zero emission ocean transport.
Bluebird Marine Systems Ltd is looking for European partners to prove the
concept of a zero emission hybrid vessel that harvests a mix of solar and
wind energy to give cruising speeds that will be competitive against ships
using expensive bunker fuels. Please contact
us today if this is of interest to your organization.
LINKS:
Liquid
minerals fuels
Platts
commodity oil
Platts
Shipping Bunker Fuel
PEJ
news
Assa-kz
Bunker
WP
marine bunker_fuel
Kittiwake
bunker fuel testing analysis
MARPOL
Marine_fuel_management
Merchant_Shipping_(Pollution)_Act_2006
Fuel_oils
Electric
Superyachts are now possible that operate on nothing but energy
harvested directly from nature. The above is a 50 ton ZCC yacht with a low frontal area and hyper efficient SWASH
hull. This craft sports 40kW wind turbines and 300m2 of solar panels. The total
energy harvesting capacity of this design is around 176kW (235hp). The hull is 50m (163ft) hull on the waterline,
OAL is
56M (183ft). Cruise the Mediterranean virtually silently with no pollution
and at vastly reduced cost. The sprint speed of this craft will be in the 20+ knot region.
If this yacht had not been powered with free energy from nature, the
cost of diesel fuel to operate
continuously for a year would be approximately: .29gals/hp x 117 x 24 x 365 = $297,226.80 (£183,393.99) In
ten years that would be $2.97M (£1.83M). Fuel for thought!
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