• yacht construction
• yacht purchase
• yacht concierge
• yacht re-fit

Management

A large yacht is a high value and complex asset to which a particular set of safety, legal, technical and financial obligations attach. If not properlycontrolled these may quickly become extremely time consuming, expensive and frustrating, much reducing the pleasure of ownership.

In the absence of specialist outsourced management these responsibilities will inevitably fall to the owner and/or captain. The appointment of Large  Yacht Solutions to manage your yacht will enable you to maximise your enjoyment in the knowledge management is in capable and experienced hands.  We offer Management services delivered through one point of contact and tailored to your precise needs covering all of the key areas which include:

Safety – Implementation of both mandatory and best practice safety compliance systems (ISM/ISPS), record keeping, control of Flag and Class  issues, plus the fallback of robust Emergency Response Procedures.

Ownership – Review of Ownership Structures to include the provision of Special Purpose Vehicles (SPVs) in order to establish efficient commercial  entities for the yacht’s ownership, Company and Fiscal Administration, Insurances for Yacht and Crew.

Technical – Support and advice, specialist knowledge of industry costs, assistance in scheduling major capital expenditure, independent advice as  to what expenditure is both necessary and adviseable to maintain the yacht’s value.

Financial – creation and management of realistic operational budgets to provide accurate financial control, preparation of monthly Management  Accounts, non EU Crew Payroll administration service.

Operational – Crew Administration, Monthly Reporting, Charter Management, Flag and Class Administration.

Service Delivery – Our management service is provided by experienced staff using a range of thoroughly tested and independently certified systems covering all aspects of the yacht’s operations.