| Owing a yacht should be a great pleasure, but many | | | | and captains. They will deal with the essential tasks |
| of the tasks managing it can be time consuming and | | | | such as arranging refits and maintenance, fuel |
| onerous. But with the increase of yachting there has | | | | supplies, crew hire, insurance and regulation |
| been a growth of yacht managing companies. And | | | | compliance - to name but a few. In short, with its |
| these companies are all aiming for one one thing - to | | | | team of highly skilled professionals they are |
| make managing your yacht simple. | | | | protecting your investment in your yacht. |
| A Yacht management company offers the boats | | | | Wherever your yacht is in the world, your |
| owner or captain a range of services tailored to their | | | | management company will be able to provide |
| specific requirements. This takes away the headache | | | | support. They will be able to arrange for fuel to |
| of managing the vessel and enables you to derive | | | | bunkered for you at ports around the world and |
| maximum pleasure from cruising on the open seas. | | | | repairs or refits, no matter, where you are can be |
| Not only does the specialist management company | | | | dealt with - as necessary in the nearest port. |
| give peace of mind when using the yacht for your | | | | A well run yacht needs a good crew, and the yacht |
| own private pleasure, but is also a great assistance | | | | management company will deal with recruiting it as |
| should you decide to derive income from the vessel | | | | well. They will undertake the interviews, the taking |
| through chartering it out. They will take over the | | | | and checking of references. They will also handle all |
| business of chartering by putting the yacht into a | | | | crew payments as well as arranging their health |
| charter fleet and by also dealing with bookings and | | | | insurance and making frequent checks on the |
| collecting fees. And, whilst they will take a | | | | personnel. |
| percentage of takings, it is still the easiest and | | | | Should you choose to use your yacht purely for your |
| ultimately the most profitable way to enter the | | | | own use, or use your investment as a source of |
| yacht charter business. | | | | income through chartering, the whole aim of a yacht |
| Whether you decide to hire out your yacht, or use it | | | | management company is to make the whole running |
| purely for your own pleasure, the management | | | | of the vessel as simple as possible for you. |
| company still offers an excellent service for owners | | | | |