What are the benefits of Yacht Management?
a. Superyachts based far from the ownerâ€™s home expose them to challenges with communications, logistics, regulatory compliance and potential fiscal issues. Even if the owner resides in close proximity to their yacht, the administrative resources required to manage the complexities associated with maintenance and repair contracts, insurance, warranty, international maritime legislation and local regulations, crew management and accounting will benefit from specialist, dedicated management.
b. A yacht manager will undertake technical management, day-to-day crew management and day-to-day operational management of the yacht, in close co-ordination with the captain and crew.