An important consequence of the recent world crisis is the increased focus owners are now placing on how efficiently their yachts are being run. “It’s not necessarily about saving money. It’s about how owners can get more out of their yachts with the same operational expenditure – that’s an area where professional yacht management makes [...]
After several successful deliveries in 2010 including the majestic MARY-JEAN IIand most recently the classic sailing yacht ATHOS, YPI Management has successfully delivered a new 60m Abeking & Rasmussen. Built at the famous German shipyard, this new 60m yacht was managed throughout its construction by the YPI Management team and was delivered over the last [...]
DOMINION Marine Corporate Services will have a presence at the Abu Dhabi Yacht Show later this month. It will be the third consecutive year the Isle of Man based yacht management company has been involved in the show which this year takes place from March 24 to 26. Company founder Chris Allix and associate director Catherine [...]
OCEAN Management, the yacht management arm of Ocean Independence, is pleased to announce the appointment of Piers Flood as a Yacht Manager based at OCEAN Management head office in Uster, Switzerland. Oxford born Piers originally qualified as a land based engineer and cut his teeth as a project manager on high value engineering projects before [...]
Equiom, the Isle of Man headquartered trust and corporate service provider, has announced the purchase of the business of Intertrust Isle of Man which specialises in yachting and aviation activities. In a move that reinforces Equiom’s European leading position in the provision of yachting and aviation services the acquisition will significantly increase the fleet of [...]
Director of Member Services at PrivatSea, Lucinda PERANIC, spoke to us about PrivatSea activities and projects for the coming years, including unique private membership club development PrivatSea is dedicated to providing the very best service to owners and operators of superyachts. With over 33 years of experience in large yacht operations, we offer comprehensive expertise [...]
Over the last twenty years, sail and motor yacht dimensions have increased several fold. Together with size increase, management costs have also gone up. Costs linked to on-board crew, docking fees, logistical and administrative expenses, and daily expenses such as food and fuel are directly proportional to the size of the yacht. As a yacht’s [...]
Dominion est à Antibes! UK company Dominion Consultants Limited is opening a new office in Antibes in order to offer easy access to yacht and aircraft expertise in ownership structures, registration and importation, accounting services, company and trust solutions, crew bank accounts and payroll and more. Consultant Jackie Baker is eagerly preparing the small but suitably [...]
Several member companies of the Isle of Man Yacht Forum (IOMYF) will be attending the 2010 Monaco Yacht Show and will bring with them a considerable amount of expertise and knowledge in the large yacht industry. This expertise includes; yacht registration, finance, management, tax and VAT services, corporate services, crew recruitment, administration and payroll services [...]
Recent uncertain economic times, together with an increasingly safety and security-sensitive environment, have had one undeniable effect on owners choosing a jurisdiction for registering their superyacht: the instilment of a greater awareness of and sensitivity to the advantages that may be offered by a particular flag. This update looks at the key factors that are [...]
There is a new name in the yachting industry; Vantage. A new name, but one backed by a tremendous heritage and pedigree. Vantage is the suite of services provided to the super yacht industry by Dohle Private Clients Limited, which is part of one of the world’s largest shipping companies, employing over 3,500 seafarers on [...]
Rome’s crackdown on suspected tax dodgers has unsettled owners of super-yachts considering Italy as a summer destination, after the tax police seized the 63-metre Force Blue owned by Flavio Briatore. Some legal advisers are telling their worldwide clients, 90 percent of whom have their yachts under a Cayman Islands flag, to take care before venturing [...]
