Yacht Management
Owning a superyacht is truly amazing and whether you decide to keep the yacht as a private vessel or charter to recoup some of the costs, it need to be well maintained and cared for. The international marine sector is governed by rules and regulations that are frequently changing and need to abide to weather its health and safety, security, or crew conditions.
SYA will take care of all the separate components to ensure that owning a yacht is a pleasurable experience.
Our Yacht Management Scope
Crew Management
SYA recognises that a skilled and content crew is essential for both yacht maintenance and exemplary service to owners and charter guests. We relieve owners from liabilities of crew employment and provide a robust MLC compliant crew employment structure.
Our Crew Management services:
- Recruitment
- Verification of References and Certificates
- Training
- Crew Contracts
- Payroll
- Performance Management
Safety Management
SYA will support the captain and crew in abiding to the regulations set forth by the IMO, MCA, Flag states, and Classification Societies. We will monitor these complex regulations to guarantee the safety and security of crew, passengers, cargo, and vessel at all times.
Our Safety Management services:
- ISM – Management Systems
- Security
- Flag State Regulations
- Port State Regulations
- Audits and Surveys
- Procedures and Policies
Technical Management
SYA will work closely with the captain to ensuring that the yacht remains in pristine condition, from the upkeeping the decks and interiors to engineers maintaining operational equipment, including comprehensive dry dock maintenance and refits.
Our Technical Services:
- Technical Support
- Planned Maintenance
- Monitoring of Warrantees and Guaranties
- Dry Dock Supervision
- Refit
Logistics Management
The captain plays an important role in terms of managing all aspects of the yacht while on charter and at sea. SYA can provide support with logistical duties as needed. This includes the sourcing of fuel and provisions at negotiated rates and booking berths, especially during peak seasons, to optimise costs.
Our Logistics Management services:
- Provisions
- Fuel
- Crew Travel
- Berthing
Financial Administration
SYA will prioritise transparent accounting and financial management to provide our clients with clear value for their investment. Owning a yacht involves significant outlay, and we strive to ensure that financial protocols are strictly followed, relieving owners of any fiscal stress.
Our financial administration services:
- Budget Preparation
- Cash to Captain
- Invoices
- Day-to-day Running Accounting
- Accounting Reports
- Quarterly Review of Cost Optimisation
Charter Management
SYA will be the vital link between the charter broker, yacht owner, and captain, managing the complexities of yacht ownership and providing peace of mind. Placing your yacht on the charter market can significantly reduce ownership costs and enhance resale value.
Our charter management services:
- Charter rate evaluation & income projection
- Marketing to charter brokers and their clients worldwide
- Enquirers and client management
- Calendar and scheduling management
- Issuing charter contracts on approved terms
