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With a team offering over 150 years of combined experience, Grabau International is an international ABYA-qualified professional yacht brokerage, specialising in the sale of high-quality bluewater and performance cruising sailing yachts, racing yachts and motor yachts. From our headquarters in Lymington, UK, and with offices in Palma de Mallorca, Madeira, Italy, Finland, Sweden, Benelux, and Scotland, with cooperating partners worldwide, our professional yacht sales brokerage services are offered worldwide.

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Private jet and yachts seized as three arrested in £76m luxury care homes raid

Three people have been arrested as part of a sting by the Serious Fraud Office into property developer the Carlauren Group.

Tuesday 12 March 2024 14:09, UK

A private jet and two yachts have been seized, as three people have been arrested, in a £76m raid on a group who ran luxury care homes.

Two sites were raided across St Leonard's, Dorset, and Aylesbury, Buckinghamshire, as part of the Serious Fraud Office (SFO) probe, supported by the National Crime Agency (NCA).

The investigation is looking into the UK registered property developer, the Carlauren Group, which collapsed into administration in November 2019.

When it folded, the SFO said that it led to some elderly residents being forced to move out, and left 600 investors out of pocket.

The Carlauren Group bought 23 properties across the UK, often former hotels including the historic Windlestone Hall in Durham, and allegedly claimed to offer annual 10 per cent returns to investors as it sought to turn the buildings into high-end care homes.

However, the SFO said only nine of these became operational and some continued as hotels instead of care homes.

Alongside that, the group allegedly purchased a number of supercars, including two Lamborghinis and a McLaren 570GT, a private jet and two yachts.

Nick Ephgrave QPM, director of the Serious Fraud Office, said: "This company's abrupt collapse has created turmoil and enormous anxiety for many, with elderly people forced to vacate their homes and investors left with nothing.

"Today's arrests are a major development in our investigation and a step towards getting the answers so many people need."

The group was said to have had 600 people and companies invest in the scheme through the purchase of rooms that were to be rented out to the elderly.

This was inside luxury facilities that boasted of swimming pools, room service and other amenities.

According to the SFO, the rooms were advertised and sold with a guaranteed annual payout and opportunity to sell the asset back for a profit after 10 years

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The Sunseeker story began in 1969 when entrepreneurial brothers Robert and John Braithwaite pursued their boat-building passion.

Today, we are the leading brand for luxury performance motor yachts. With seven yacht ranges, we offer the most diverse product portfolio in the world. Each with its own personality, our yachts are engineered with the owner in mind and standing at the helm. The Superyacht, Yacht, Ocean, Manhattan, Predator, Sport Yacht and Performance models all possess a uniqueness with one commonality. Every Sunseeker is the result of an uncompromising approach to design excellence. The pioneering spirit of our founders remains in our DNA with an unrelenting pursuit to surpass expectations.

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Major growth of clean energy limited the rise in global emissions in 2023

News 01 March 2024

Global energy-related CO2 emissions increased as exceptional droughts hit hydropower, but rise was lower than in 2022 thanks to expansion of technologies such as solar, wind & EVs

Global energy-related carbon dioxide (CO2) emissions rose less strongly in 2023 than the year before even as total energy demand growth accelerated, new IEA analysis shows, with continued expansion of solar PV, wind, nuclear power and electric cars helping the world avoid greater use of fossil fuels. Without clean energy technologies, the global increase in CO2 emissions in the last five years would have been three times larger.

Emissions increased by 410 million tonnes, or 1.1%, in 2023 – compared with a rise of 490 million tonnes the year before – taking them to a record level of 37.4 billion tonnes. An exceptional shortfall in hydropower due to extreme droughts – in China, the United States and several other economies – resulted in over 40% of the rise in emissions in 2023 as countries turned largely to fossil fuel alternatives to plug the gap. Had it not been for the unusually low hydropower output, global CO2 emissions from electricity generation would have declined last year, making the overall rise in energy-related emissions significantly smaller.

The new findings come from the IEA’s annual update on global energy-related CO2 emissions – and the inaugural edition of a new series, the Clean Energy Market Monitor , which provides timely tracking of clean energy deployment for a select group of technologies and outlines the implications for global energy markets more broadly.

Advanced economies saw a record fall in their CO2 emissions in 2023 even as their GDP grew. Their emissions dropped to a 50-year low while coal demand fell back to levels not seen since the early 1900s. The decline in advanced economies’ emissions was driven by a combination of strong renewables deployment, coal-to-gas switching, energy efficiency improvements and softer industrial production. Last year was the first in which at least half of electricity generation in advanced economies came from low-emissions sources like renewables and nuclear.

“The clean energy transition has undergone a series of stress tests in the last five years – and it has demonstrated its resilience,” said IEA Executive Director Fatih Birol . “A pandemic, an energy crisis and geopolitical instability all had the potential to derail efforts to build cleaner and more secure energy systems. Instead, we’ve seen the opposite in many economies. The clean energy transition is continuing apace and reining in emissions – even with global energy demand growing more strongly in 2023 than in 2022. The commitments made by nearly 200 countries at COP28 in Dubai in December show what the world needs to do to put emissions on a downward trajectory. Most importantly, we need far greater efforts to enable emerging and developing economies to ramp up clean energy investment.”

From 2019 to 2023, growth in clean energy was twice as large as that of fossil fuels. The new IEA analysis shows that the deployment of clean energy technologies in the past five years has substantially limited increases in demand for fossil fuels, providing the opportunity to accelerate the transition away from them this decade.

The deployment of wind and solar PV in electricity systems worldwide since 2019 has been sufficient to avoid an amount of annual coal consumption equivalent to that of India and Indonesia’s electricity sectors combined – and to dent annual natural gas demand by an amount equivalent to Russia’s pre-war natural gas exports to the European Union. The growing number of electric cars on the roads, accounting for one-in-five new car sales globally in 2023, also played a significant role in keeping oil demand (in terms of energy content) from rising above pre-pandemic levels.

The Clean Energy Market Monitor shows that clean energy deployment remains overly concentrated in advanced economies and China, highlighting the need for greater international efforts to increase clean energy investment and deployment in emerging and developing economies. In 2023, advanced economies and China accounted for 90% of new solar PV and wind power plants globally, and 95% of sales of electric vehicles. Not all clean energy technologies progressed in 2023. Heat pump sales fell marginally as squeezed consumers held back on purchases of big-ticket items, highlighting the importance of continued policy support for equitable transitions.

China’s deployment of clean energy technology continued to surge ahead as it added as much solar PV capacity in 2023 than the entire world did in 2022. However, a historically bad year for hydropower output and the continued reopening of its economy after the pandemic drove up China’s emissions, which grew by around 565 million tonnes in 2023.

In India, strong GDP growth drove up emissions by around 190 million tonnes in 2023. A weaker than normal monsoon increased demand for electricity and cut hydropower production, accounting for a quarter of the increase in India’s total emissions. Per capita emissions in India still remain far below the world average.

The global CO2 emissions numbers in the report are based on the IEA’s detailed region-by-region and fuel-by-fuel analysis, drawing on the latest official national data and publicly available energy, economic and weather data. Sources include the latest monthly data submissions to the IEA Energy Data Centre, real-time data from power system operators across the world, statistical releases from national administrations, and recent data from the IEA Market Report series. The CO2 report covers CO2 emissions from all energy combustion and industrial processes. Data on clean technology deployment comes from the latest available national sources supplemented by data from industry associations. Oil demand refers to total energy supply from crude oil and oil products converted into energy terms using product specific conversion factors. It excludes biofuels.

Read the report

The report finds that clean energy growth has limited the rise in global emissions, with 2023 registering an increase of 1.1%. Weather effects and continued Covid-19 reopening played a significant role in driving emissions in 2023. Advanced economies saw a record decrease in their emissions, which are now back to the level of fifty years ago. This release brings together the IEA’s latest analysis, combining the Agency’s estimates of CO2 emissions from all energy sources and industrial processes.

Flagship report

Co2 emissions in 2023, latest news, iea workshop brings the importance of energy innovation policy in emerging and developing economies into focus, after slight rise in 2023, methane emissions from fossil fuels are set to go into decline soon, global workshop addresses clean cooking access in africa ahead of major summit in may, high-level iea workshop brings together international thought leaders to discuss the importance of batteries in clean energy transitions, subscription successful.

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United States Court of Appeals for the Federal Circuit

23-1123: sisvel s.p.a. v. tct mobile international limited [opinion], nonprecedential.

OPINION Posted:

SISVEL S.P.A. v. TCT MOBILE INTERNATIONAL LIMITED [OPINION](pdf) Appeal Number: 23-1123 Origin: PTO Nonprecedential

To see more opinions and orders, follow this link: Opinions and Orders .

• March 19, 2024

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Vitruvius Yachts reveals 46m superyacht designed for the Bahamas

British design studio Vitruvius Yachts has revealed a new superyacht concept known as the Vitruvius Palm Beach. The 46-metre project is available for sale with Worth Avenue Yachts and has been tailored specifically for the North American market.

Several prominent shipyards are "currently bidding to bring this vision to life," according to the broker, with construction expected to begin next year.

The superyacht is designed with a low draft of two metres, making it best suited to shoal draft locations such as the Bahamas, Florida and The Chesapeake.

Accommodation is across five lower deck cabins, plus quarters for nine crew. The owner's cabin would be full-beam and features an office, dressing area, his and hers bathrooms and fold-down balcony. 

While the interior designer is unconfirmed, preliminary renderings reveal a pared back, contemporary aesthetic. The main saloon benefits from full-height windows, a "convertible" lounging and dining area for 10 guests as well as a dedicated lounge starboard.

The main deck is fitted with a formal bar and second convertible seating area aft. Another major convivial space is the sundeck, which has a large sunbathing area, a bar, barbecue and a Jacuzzi.

Meanwhile, the beach club features a pool that can operate with freshwater or saltwater. Bulwarks open either side to form a larger lounging area, which is arranged with several sunpads.

The concept also includes a tender garage able to accommodate a six-metre and two jet skis, thanks to a Solas-compliant sliding beam crane and fold-up shell door for launching and loading.

Vitruvius Palm Beach would be powered by twin CAT 32 engines for a maximum speed of 15.7 knots and a cruising speed of 12 knots.

This reveal follows the delivery of Vitruvius Yachts' 65.7-metre Alchemy .

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