Vessel sale and purchase agreements involve a significant amount of documentation, and it's easy to overlook when additional requirements might come into play.
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New Zealand Customs has recently revised their approach to granting permission for small craft to be marketed for sale while under a TIE, and vessel owners need to be aware of this approach so that they do not breach the conditions.
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In a departure from his usual legal writing, Troy has had a travel writing article (with a maritime flavour) published in the latest edition of the Professional Skipper magazine.
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Dawson & Associates is pleased to have assisted with the successful vessel sale and purchase transaction of the Southern Cross.
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Dawson & Associates successfully concluded the purchase of the Ocean Freja, for a New Zealand commercial fishing client - a transaction with a unique set of challenges and nuances.
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Dawson and Associates were privileged to act to for the Buyer of the SY Sweet Caroline, now renamed Silent World.
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Customs have recently announced a rule change for visiting yachts to New Zealand and the way that the Temporary Import Entry (‘TIE’) scheme works, with implications for the New Zealand marine industry, and situations where a foreign owned vessel is being sold to a foreign buyer.
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Our associate, Troy Stade, has recently been to visit Sunreef Yachts in Poland, where a client is currently having a vessel built.
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Dawson & Associates are pleased to have recently concluded the sale of the Sunreef 70 sailing catamaran Ginette to a foreign buyer.
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NZ Customs is working through submissions received on their proposed rule changes for visiting yachts to New Zealand, and has updated its website with guidance on the sale of temporarily imported small craft in New Zealand.
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New Zealand’s commercial workboat sector, associated industries, regulators, and policymakers recently gathered at the NZMTA conference to meet and talk about issues and success stories from industry, and to look to the year ahead. Dawson & Associates presented on the topic of vessel build contracts.
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Vessel sale and purchase agreements can be highly complicated. An often overlooked part of the process is around anti money laundering (AML) requirements, which presents an area of not-insignificant risk for clients and agents alike.
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The Tourist Refund Scheme offers international travellers leaving Australia to claim a GST refund on Australian purchase goods taken out of the country, and it is possible for private yacht owners to access the programme to take advantage of the GST refund.
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New Zealand Customs’ recent change of position on the sale of vessels in New Zealand under TIE (Temporary Import Entry) could have potentially significant impacts for yacht owners wanting to bring their vessels into New Zealand, including for marketing and sale purposes.
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The recent MLAANZ conference in Auckland had a range of speakers with notable subjects that provided an exciting opportunity to deepen understanding of developments in maritime law.
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Building a bespoke vessel is a complex process. Peter Dawson revisits an article he wrote (which was published in Pro Skipper magazine in 2019) and adds fresh insights.
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World leading innovation and a record number of boats were on full display at the Auckland Boat Show last week, painting a positive picture for boating and yachting in the South Pacific.
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In most circumstances, the owner of a vessel that is imported into New Zealand will have to pay duty and GST when the vessel arrives in New Zealand. However, vessels manufactured in countries which have entered into a free trade agreement with New Zealand will not attract duty.
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Yacht purchasing, whether for personal or commercial use, is a surprisingly complicated process and can come as something of a shock to buyers who have never gone through the process before.
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Dawson & Associates are pleased to have concluded a successful superyacht closing for the vessel Aquabella.
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