In this edition of Comprehensively Yachts, we start with the latest on the embattled motor yacht PHI, which remains detained in London. Next our Hong Kong team explores plans to position the jurisdiction as Asia-Pacific’s yachting hub and the challenges ahead.
As construction and refit projects grow in scale and cost, our marine insurance team question whether it’s time to rethink builder’s risk insurance. From Monaco, we review the DAZN v Coupang Court of Appeal decision and its reminder to take care with contract negotiations.
We conclude with three regulatory updates: Isle of Man’s Yacht Engaged in Trade, Malta’s new Commercial Yacht Code and the UK’s Sport or Pleasure Vessel Code.
Briefing
DAZN vs Coupang Corp: Binding contracts via informal communications
Richard Mabane
Brian Webb
