Your local Partner with International Services
Our professional Yacht Management team and co-operating yacht management companies are committed to working on behalf of the yacht owner in co operation with the yachts Captain and crew. Luxury yacht management services allow the yacht owner to focus on enjoying his or her vessel and the captain to focus on running the vessel, as opposed to worrying about the paperwork. Our superyacht management team comprises a range of specialist accountants, former captains and engineers, crew managers and more to ensure the yacht is being maintained, administered and operated to the highest International safety standards.
The role of your yacht manager
Your yacht is assigned to a dedicated project manager who will act as the Owner’s representatives across the full spectrum of the yacht’s operations. The close relationships with shipyards, designers, naval architects and other suppliers enable the Yacht Management team to keep up to date with the many types of vessel. We stay abreast of how to run them efficiently alongside the ever-changing technical, administrative and regulatory standards. You can be assured that our staff will work with you and your team to make sure that the yacht is operated safely and efficiently.
The Yacht Management Team offers a full range of superyacht management services capable of handling the full spectrum of large yacht operations and operational management. This allows individual tailoring of specific support and services needed by the Owner. From financial reporting to the supervision of yard time, the team has the specific knowledge and experience to deliver the highest calibre support. Effective checks and balances, both operationally and financially, give the Owner peace of mind that the yacht and crew is operating safely and efficiently.
Using a dedicated bank account for each yacht and working from an annual budget agreed with Captain and Owner, the Yacht Management team handles the entire financial management of the yacht’s expenditures. The Yacht Manager will administer expenditures against specific categories, pay bills and reconcile bank statements and credit cards. Production of monthly, quarterly and annual reports will occur, comparing the actual operating costs to the budget with detailed explanations as appropriate where variances have occurred. The Yacht Management team will operate with the utmost integrity and ethics, assuring transparency in all aspects of the vessel accounting.
The Yacht Management Team has a certified safety management system, customised to each specific yacht. Experts in the international codes for safety, security and labour compliance (ISPS, ISM & MLC), and certified to international industry standards it provides a continuous cycle of improvement in yacht safety. The system includes monthly returns from each yacht designed to highlight deficiencies and ensure corrective action is taken as well as on board audits carried out by a Safety Superintendent ensuring that the yacht is compliant and which provide the opportunity for coaching the crew in safety and compliance culture. The Yacht Managers hold Document of Compliance (DOC) with major flag administrations, compliant with the Large Yacht Codes, and a Passenger Yacht DOC, compliant with the Passenger Yacht Code, allowing for smooth transition of a yacht into the managed fleet.
In the technical and maintenance arena, the diverse backgrounds and practical experience of our staff provide a wealth of knowledge and huge experience of operating yachts. Through visits to the yacht and working with the Captain in the selection and monitoring of vendors, contractors and shipyards, our staff will help to align yacht planned maintenance and repair work with the budget and cruising itinerary. The operations team will conduct periodic reviews of vessel upkeep, planned maintenance schedules and other issues affecting safety and vessel operation, providing a written report of vessel status. Our Yacht Managers can also assist the Captain and Owner with yacht registration and classification.
Yacht Management takes a proactive approach to our relationship with yacht insurance providers. We work closely with a number of insurance brokers and conduct regular reviews of hull and machinery and indemnity policies as well as crew health insurance.
Assistance to owners and their Captains with yacht crew recruitment, reference and certification checking and ensure medical certificates are valid. On recruitment of each crew member, Yacht Management check their certificates and documents to ensure validity, crew training, and if requested we will carry out pre-employment verification. Upon yacht crew placement, they will then be given an approved Employment Agreement. On an ongoing basis, the team will administer superyacht crew salaries, make travel arrangements if required and handle any crew related insurance matters.
A luxury yacht needs an exceptionally skilled and experienced crew. Potential crew members are interviewed and screened to ensure we find the best people to run your motor yacht or sailing yacht to the highest of standards.
Yacht operations management involves the support of highly dedicated specialists from all areas of yachting, including accounting, administration and logistics, safety, engineering, interior. We offer shoreside assistance, ensuring your yacht remains compliant with regulations and provide technical, financial, and operations support wherever your yacht might be in the world.
Refit Project Management
Superyachts, like all assets, require continual attention to ensure they remain up-to-date. Software and hardware advances need implementing. Decoration and furnishing require refreshing while new features such as a Jacuzzi or a bar might need require design construction and refitting.
Any major re-fit needs an on the ground owners representative. This person needs to be someone you can trust, who has strong technical knowledge & commercial sense to make the day-to-day decisions. We will work with your vision and make it a reality.
Build Project Management
Guiding, advising and consulting on your yacht’s build, our team can manage the project in its entirety. From the moment the very first sketch is drawn, until final launch, we are your eyes and ears at the yacht builder, personally supervising he yachts under construction and ensuring that every stage of your yacht construction is completed to your exacting standards.