Tag: superyacht

Blog

Amazon boss needs to clear the decks – is his $500m yacht fitted with Myanmar blood timber?

... Teak is highly prized in luxury yacht building for its durability, water-repellent properties and elegant appearance. And as the best teak on Earth is found in Myanmar (formerly known as Burma), it may be assumed that it will have been used for the acres of decking on Bezos's yacht, although neither he nor Oceanco have confirmed it

Press Release

Italian superyacht firm exposed by EIA for breaking EU law by importing Myanmar teak floats on Hong Kong stock exchange

The Ferretti Group, an Italian superyacht builder which boasts of using “the best quality standard of Burmese teak for teak decking”, is seeking new investment to bolster its business by going public, despite being accused of breaching EU law on the importation of what’s called ‘the king of woods’