Frequently Asked Questions
Yacht Management FAQ
The yacht management company provides a number of services for managing your boat and making sure that you're in compliance with all local laws. They take care to keep things running smoothly, from technical interventions like helping fix engine problems or radio issues; to preparing budgets so their clients can calculate tax correctly on reported income - even consulting them about whether they need an accountant.
Whether you need a yacht manager depends on the legislation, logistics, and practical aspects.
The International Safety Management (ISM) Code is a set of standards that all ships operators and flag countries must follow in order to avoid possible fines or other consequences. In particular, if you own an offshore yacht with 500 GT or more onboard then shore-based management will be required by law for your boat's operation as well.
The management of yacht operations is a special vocation and likely to be outside the field of knowledge, experience, or expertise for most people working in an office setting. Yacht ownership requires shore-based support personnel who are on call 24 hours per day 7 days a week which brings this responsibility straight home with you.
By engaging a third-party company to manage the yacht, you can ensure that it is operated safely and with care. This will protect your investment in both time & money!
Every maritime company with a presence on the high seas should develop, implement and maintain an SMS that includes all of these functional requirements. The first one is to ensure your safety by following environmental regulations set forth in accordance with international law; then you have procedures for keeping track of who was at fault when there's been improper conduct or neglecting duties throughout every step taken while operating as well-which will lead into accident reporting so nothing goes unnoticed.
The convenience of owning your own superyacht is undeniable, but there are many challenges that come with it. Many owners find themselves far away from home and their vessel due to difficulties in communications or logistics- which can be overwhelming even if you live nearby! The need for specialist management also becomes apparent when dealing not just locally by way of maintenance contracts (which require unique skills) insurance coverage & warranty promises; yet internationally too since most countries have different maritime laws than ours regarding who's responsible for what aboard ship: crewing issues + accounting).
The best thing about hiring someone else? You get peace knowing all this stuff won't fall through the cracks
The management of your yacht should be a top priority. Yachts over 500 gross tons and engaged in trade (chartering), have an obligation to employ safety measures such as ISM/ISMPS code compliance, MLC auditing from flag administration - all while ensuring you stay compliant with the legislation!
Yacht Charters FAQ
A luxury yacht charter can be booked for one or more weeks depending on the availability of different yachts at any given time; however, some offer daily charters which means you could enjoy your trip without having to leave early each day due to check-in times like other travelers might have trouble adjusting their work schedule accordingly (especially if they're working).
Charters vary from 4 hours to an entire week. You can choose how long you want your charter!
Chartering a yacht is an unforgettable experience. You can select the date that works best for you depending on when they are available, so don't hesitate to book now!
Charter rates include the yacht with crew service and all necessary equipment, properly insured for marine risks. Rates do not include VAT, provisioning fuel charges electronic communications canal fees harbor dues local taxes specific marina expenses if embarkation or dismemberment takes place at a different location than where your boat lives in its own home port delivery/return transport will also be charged.
Under the contract agreement, if you cancel your charter after submitting a deposit but before final payment is due then they will only get back half of what was paid. If it's already been fully prepaid though--the whole thing gets refunded because there are no further obligations on their part!