Changes to US tariffs

Following the scrapping of the US luxury goods tariff of 25% levied on vessels transported from the US into the EU at the beginning of the year, there has been an initial increase in the demand for shipments of second-hand boats between the US and EU. It is anticipated that there will be a more permanent upsurge in the movement of new boats in the long term.

Our offices across the EU are well equipped to arrange the shipping and assist with the complex paperwork relating to import clearance formalities. One of our General Managers in the EU market, Inge Valk of Peters & May Netherlands, explains how our teams can help to guide customers who are planning to purchase a boat from the US: “Peters & May Netherlands can handle the entire process of shipment to customs clearance for customers. Our team is very well qualified to receive and handle boats, store them in our own warehouse, and clear the boats through customs on their arrival.”

Formerly known as Transport Partners NL, the Peters & May Netherlands team has been shipping and processing the import of boats since 1990. “We have close working relationships with the shipping lines, ports and customs offices to support customers throughout the shipping process,” adds Inge Valk.

Matt Penfold, Managing Director of Peters & May USA, said US brands have always been very popular in the European market, so this will also be positive for the US export market. “We offer various shipping options and solutions, including pre-delivery to the port of loading; should the boat you wish to buy not be located in one of the major shipping hubs. We have great relationships with all major shipping lines and can offer easy solutions at competitive pricing.”

Our US offices are located in Fort Lauderdale and Charleston, with additional support supplied by a specialist consultant based in Newport, Rhode Island.

If you are purchasing a boat from the US market and moving it into the EU, our in-house customs advisors can answer any questions that you may have. For up-to-date information and advice, please contact the team at customs@petersandmay.com or call +44 (0)2380 480 480.

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