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New Law Enables Mega Yachts Over 300GT to Fly the U.S. Flag

New Law Enables Mega Yachts Over 300GT to Fly the U.S. Flag: A recently enacted legal amendment makes it possible for owners of mega yachts over 300GT to fly a U.S. flag. The move updates legislation passed in 1920 that defined yachts as vessels with a maximum volume of 300GT. U.S. Superyacht Association (USSA) Chair…