Management

Yacht management has become an essential part of the Superyacht industry over the past 25 years. Due mostly to the complexity of the modern yacht, its size and the number of crew that it carries, a Captain left alone to run his vessel, as in the pre. yacht management days, would find it very difficult simply to comply with the new rules and regulations that are constantly being introduced on large yachts that are a must have item for wealthy individuals. Yacht management originally grew within brokerage houses as It enabled them to keep all expenditure of the yacht in-house, including shore support, and under their control. Independent Superyacht Management Companies of varying sizes are now available to the owners of yachts. Superyacht management not only entails the running of the crew, but also chartering, berthing, fuel, paying wages, ensuring the vessel is kept to international standards.