- Published: Wednesday, 02 April 2014 11:52
Following the gazetting of the Import Duties (Consolidation) (Amendment) Act No. 29 of 2013, there is now a legal avenue for Super Yachts to operate in Vanuatu. This is an industry which Fiji and Tahiti have been enjoying for some years now, however the laws of Vanuatu have been prohibiting Super Yachts to operate in Vanuatu.
These vessels are foreign owned but may operate in Vanuatu waters for varying periods of the year, while they take fare paying passengers either recruited locally or through advertising overseas. It is usual for the costs of the charter to be paid to the overseas company either owning or operating the vessel. Fares of VT 60,000 per night are not unusual for these vessels.