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By SuperyachtNews 12 Jun 2017

The Superyacht Management Report

This revelatory data sample offers unique insight into the size and scope of top management companies' operations. ….

The average number of superyachts under management, among the industry’s top management companies, is 24 – one of numerous facts about this ordinarily opaque sector gleaned from a recent research project undertaken by The Superyacht Intelligence Agency.

With a fleet of 77 yachts under management, 3.2 times the industry average, Y.CO leads the way, with its largest vessel measuring 124m, 25m more than the mean average of 99m. Y.CO is among seven companies managing yachts over 100m, the others being Wilson Yacht Management, Inserve, Hill Robinson, Wright Maritime Group, Camper & Nicholsons International and Master Yachts, whose 147m client is the largest vessel identified in our survey.

When it comes to employees, Burgess is the highest ranked company, with a staggering 168 permanent personnel. This is over four times the industry average, although as one of the industry’s largest full-service companies, this also includes its other divisions. Even so, with 45 dedicated yacht managers, Burgess still outstrips the industry average of 10 by over 400 per cent.

Y.CO is a close second, with 41 yacht managers. This equates to 1.9 yachts per manager, which is an impressively low figure – underlining the company’s commitment to a bespoke service for its clients. Only MCM, Jansen, West Nautical and Master Yachts have lower yacht/manager ratios.

This data provides an insightful overview of the distribution of the fleet-under-management market. It also represents a prelude to The Superyacht Management Report, appearing in issue 179 of The Superyacht Report . This report analyses client sentiment towards the management sector, via a comprehensive project undertaken by The Superyacht Intelligence Agency.

Have you subscribed to The ‘new’ Superyacht Report? If you are a captain, owner, yacht manager, chief engineer, first officer, broker, designer, senior shipyard management, an owner’s representative, investor, or a family office, you are eligible for a complimentary annual subscription to the only superyacht industry publication worth reading. To apply for your VIP subscription, click  here . 

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Superyacht Intelligence Agency

Wilson Yacht Management Ltd

Inserve Ltd

Hill Robinson

Wright Maritime Group

Camper & Nicholsons International

Master Yachts Consultancy

West Nautical

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As a team of superyacht enthusiasts, we have an overarching mission to navigate the maritime industry on a path to optimal superyacht safety. We work to achieve this with our innovative technology and the quality of our people.

Our team will support you at every stage of your superyacht journey, specialising in emergency response, crew management, safety and compliance, fiduciary administration, project management, and superyacht security.

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ALEXANDRA HERNáNDEZ

Yacht manager.

Alexandra Hernández is Riela Yachts’ Yacht Manager. As part of this, Alexandra is the initial point of contact for our vessels; working closely with our other specialists to provide support and service coordination. Alexandra supervises crew management and plays a heavy involvement in the development and maintenance of our award-winning electronic Safety Management System (eSMS).

Born and raised in Colombia, Alexandra completed her degree as a Lawyer, and she is on track to receive her diploma in Superyacht Management.

Alexandra’s legal background and experience within the Marine & Aviation industries cover a wide range of roles, helping to gain invaluable knowledge, develop communication skills and actively cultivate solid industry relationships to deliver the highest of standards in every project.

JAY HOUGHTON

Riela group finance director.

Jay Houghton is the Riela Group Finance Director. Jay is responsible for overseeing the Financial Strategy of the Group alongside the financial reporting and control structure of the Group and its companies.

As a qualified accountant with over 30-years in the financial and service industries, Jay has built a wealth of experience in business analysis, investment appraisal, financial control and reporting.

Cameron findlay

Safety & compliance officer.

Cameron “Fin” Findlay became a part of the Riela Yachts team in late 2021, initially joining as a Trainee Yacht Safety & Compliance Assistant. Fin’s commitment and dedication have enabled him to understand the intricacies of the industry from the ground up, leading him to being promoted to Yacht Safety & Compliance Officer in 2023. Fin is now a qualified Company Security Officer (CSO), actively contributing to the implementation of Riela’s Safety Management System across our fleet, working closely alongside Clive Harrison and George Self.

Christian crompton

Product and development lead.

Christian Crompton is the Riela Yachts’ Product and Development Lead responsible for translating the requirements and operations of the Safety and Compliance team and implementing this into the forefront of the electronic Safety Management System (eSMS).

Since graduating with a first-class honours degree in Computer and Information Security in 2018, Christian has worked on designing and developing superyacht solutions using Laserfiche in the Maritime Software Industry.

With Christian’s security background and software experience streamlining business processes, Christian applies his knowledge into the Riela Yachts strategy and innovates new systems for both Riela and their clients.

Tony Partridge

Product and development specialist.

Tony Partridge is a Product and Development specialist at Riela Yachts where he will be working closely alongside Mark Bridson and Christian Crompton. Tony’s main focus is building an innovative client focused dashboard, whilst providing a new outlook and perspective to our current processes, policies and procedures.

Before joining Riela, Tony started his own web development business where he built applications and websites for a large group of different sectors, growing a strong and long-lasting clientele base. With over 10 years of experience, Tony brings a depth of knowledge and expertise to the Riela Yachts team which will be used to help progress the company’s development through the innovation and development of Riela Yachts solutions.

Robert Tobin

Riela group managing director.

Rob Tobin is the Managing Director of the Riela Group of Companies and is responsible for overseeing our business operations, our people and driving excellence in all we do.

Robert brings over 25 years of successful leadership and entrepreneurial experience across a range of industries including Family Office, corporate services, construction engineering, Superyachts, cyber security and information technology development to our Group, and to our customers.

In the past 15 years Rob has gained a prominent reputation within the Superyacht industry for his passion, integrity, innovation and achievements to date.

“Being part of an awesome, capable and forward-thinking team that have a shared passion for Superyachts, people and the environment is the highlight of my career and puts a smile on my face and a spring in my step every day”.

Clive Harrison

Operations director.

Clive Harrison is a Director at Riela Yachts and leads the Operations Team.

After a 22 year service as a Deck Officer in the UK Royal Navy, Clive moved ashore and is enjoying a second career, spanning over a decade,  in the yachting industry and relishing the challenges that this brings.

Clive brings a wealth of expertise and experience to our Company and has earned a reputation for providing a professional and pragmatic approach to the delivery of our services.

George Self

Safety & compliance manager.

George Self is a Safety & Compliance Manager and responsible for the implementation and development of operational compliance for yachts at the company.

Accruing a 10-year service of sea time, beginning as a deckhand before respectfully concluding her career as a Chief Officer, George now contributes a wealth of first-hand practice and insight into the support she now provides to yachts daily. George also brings shore side experience from her time working at a number of established Ship Management firms on the Isle of Man.

Ken Hickling

Ken Hickling is a company Director at Riela Yachts (UK) Ltd.

Ken has spent over 30 years working in the Yachting industry at Boatyards and materials manufacturers, and more recently as a Specialist Business Advisor. During this time Ken has served as International Superyacht Society (ISS) President and is currently on the Superyacht UK Executive Committee. He also works as a project leader on the ISO work group focused on Superyacht Quality.

The experience that he brings to The Riela Group in optimising our internal business processes helps to ensure that the quality of service we provide to our clients is at the highest level.

Louise Gimson

Louise Gimson is a Director, Senior Administrator and in-house HR Manager and is responsible for the day to day running of the company and client accounts at the Riela Yachts.

With an extensive background in finance, Louise brings almost twenty years’ experience in accounts within the ship management industry to Riela Yachts, where she is dedicated to implementing dynamic solutions to benefit clients.

Louise has diversified her responsibilities by taking on data handling duties within the company and in 2016 began assisting the Operations Team with internal compliance procedures.

Matthew Roberts

Head of sales.

As the Head of Group Sales at the Riela family of companies, Matthew leads the company’s sales strategy, execution, and growth.

Matthew has a successful record building trusted client relationship and delivering upon set expectations. An accomplished sales leader, he delivers a sales process that provides clients with the information and support they need to make the right decisions for their organisations and their constituents.

Matthew has significant experience within the maritime industry having previously worked across various sectors including insurance, security, satellite communications and managed IT. Matthew’s most recent experience encompasses almost 5 years spent with the leading satellite communications and managed IT provider in the maritime industry, focusing on their superyacht clientele.

Mark Bridson

Product & development specialist.

Mark Bridson is a Product and Development specialist and responsible for the integration of Laserfiche within the company and the developing of an electronic Safety Management System.

Marks career started in the Royal Air Force as a data analyst maintaining Aircraft engineering records and the provision of Aircraft statistics.

Returning to the Island Mark spent the next 25 years working in IT for an aircraft design company. In this role he provided Computer Aided Design and document management support for offices within the UK and Europe.

Moving from the Aircraft industry to Maritime, Mark has spent two years with a Yachting software solutions company using Laserfiche to design purchase ordering systems for Superyachts.

Crew Officer

Tina Dahn is a Crew Officer and responsible for the administration of yacht crew contracts, monthly payroll and crew certification at Riela Yachts.

After a 12 year service in the Royal Navy undertaking various administration and PA roles, Tina began working for the NHS in 2001 and was responsible for duties including managing payroll, recruitment and HR administration.

Tina returned to the Isle of Man to undertake the role of Crewing Officer in the superyacht industry in 2011, where she oversaw a portfolio of clients whom she provided crew employment, administration and payroll services.

Christian goelz

Christian is involved across the Riela family of companies with particular attention to the technology businesses, Cyber and Tech.

Christian gained a postgraduate Master in Finance degree at the University of Neuchatel, Switzerland and completed his MBA at the University of Chicago Booth School of Business.

Before joining us, Christian worked for six years at Argosy Capital, an Isle of Man-based private equity and venture capital business focusing on early-stage growth businesses. At Argosy, he focused on managing investment companies, research and financial analysis and served as a director on several boards.

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Yachting is a passion, and we are proud to share that passion with our discerning clients and capable superyacht crew. Moran Yacht Management offers a comprehensive and personalized luxury yacht management program, handled by experienced professionals who understand the business side of yachting and the unique needs of yacht owners.

As an accredited, ISM-Certified management company, Moran Yacht Management provides a wide range of shore-based services, including: Crew management, Financial management, Technical management, Operations management, Safety & Security compliance, and more.

Our strength is our experience and our commitment to our clients. Our philosophy is simple: to enhance the experience of yacht ownership by providing our clients with peace of mind and the confidence that their yacht is in good hands.

We invite you to contact us today to learn more about our luxury yacht management services and how we can help you enjoy your yacht to the fullest.

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Operating a yacht is akin to running a small corporation and our luxury yacht management team proactively assists Owners, captains, and crew with all the details. We are available 24/7 to guide and assist through all of the complexities of day-to-day yacht crew and ship operations.

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Knowledgeable and responsible shore-based accounting from our superyacht management team allows the Captain and crew to do what they do best – running a fine yacht and exceeding the Owner’s expectations.

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Inserve Yachts receives safety management system approval

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Written by Eva Belanyiova

Inserve Yachts Ltd announced that its safety management system has been approved by the Cayman Island Shipping Registry, following its assessment. Passenger yachts are those carrying up to 36 passengers as defined by the Red Ensign Group Code of Practice for Yachts carrying from 13 to 36 Passengers (The Passenger Yacht Code or 13-36 Code).

Inserve Yachts

Inserve Yachts already holds a Document of Compliance (DOC) and currently supports seven yachts of between 50 and 90 metres; these are able to carry up to 12 passengers. In granting this approval, CISR acknowledges that Inserve Yachts has the capabilities, practical experience, staff and knowledge to now provide similar support to this larger capacity category of vessels. Inserve Yachts is one of just a few companies based in the UK who have acquired such recognition.

In addition to this approval, Inserve Yachts is authorised to issue navigational and engine room watch rating certificates for crew members on all yachts under the company’s management.

These certificates are acceptable on both Cayman and UK flag vessels. Inserve Yachts is also an approved test centre for the Cayman LAP (Law and Administrative Procedures) examination. These authorisations are further evidence of the confidence that CISR has in the Inserve Yachts management team.

Since it was established in 2007, Inserve Yachts has drawn on its background and extensive knowledge working on both commercial vessels and a number of superyachts and megayachts. Strategically positioned close to and with good relations with Lloyds Register, MCA and Cayman Islands Shipping Registry, Inserve Yachts can quickly and efficiently react to any regulatory issues that may arise.

Inserve Yachts believes that these latest advancements add to its existing professional and personal approach to the support of large yachts.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Inserve Yachts receives safety management system approval ".

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Our superyacht management team is an active provider of maintenance and repairs in the luxury yachting industry across the world. Thanks to our impressive reach, clients can enjoy access to the best engineers in technology, safety mechanisms and structural support. With an extensive team and endless resources, necessary repairs are dealt with efficiently and thoroughly. As an N&J client, you will receive the utmost quality maintenance and are guaranteed satisfaction with our services.

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It’s undeniable that a captain and crew make or break luxury yacht ownership. Crew is essential for yacht operations, vessel maintenance and on-water hospitality. We provide a truly unique crew database with over 6,500 members worldwide from an extensive array of nationalities. Our superyacht management crew representatives ensure that your captain and crew are thoroughly processed, analyzed and interviewed for the fulfillment of your luxury travel needs. In addition to finding crew, our specialists sustain and support ongoing relationships between crew, captains and owners to ensure that the experience aboard your luxury yacht is nothing short of unforgettable.

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At Superyacht Agency Services we pride ourselves on being able to tend to your every requirement. Wainwright Bros & Co have been supplying expert agency services to shipping for over 120 years and we bring all of our knowledge and expertise to bear to ensure that all your requirements are met.

We work closely with a wide range of local suppliers – all experts in their fields – enabling us to offer a comprehensive range of agency services for Superyachts.

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We work closely with Inserve Yachts who specialise in providing ISM, ISPS and ‘miniISM’ management systems which are individually tailored to be practical and beneficial to the safe operation of each client yacht. Inserve Yachts are fully independent with an excellent reputation for service and integrity.

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Working with the largest provisioning supplier to the shipping industry, we are able to ensure that whatever your requirements, from fresh fruit and vegetables to medical equipment and even spare parts, you’ll have what you need when and where you need it.

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Even if your onboard power systems are shut down for refit, we can ensure that you are never without power during your layover with the supply of three-phase 10kva to 1000kva diesel electricity generators and any necessary ancillary equipment.

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The complex aspects of managing any large yacht are no mean feat, but Allan and his team are always there to assist when needed. They handle everything with drive and knowledge, building the perfect environment for the owner and Captain to develop confidence and trust.

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Thank you for your excellent service with the management of our client's 60 metre Feadship - we are pleased with how seamlessly you've done what we need.

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What Exactly Is Yacht Management, And Why Is It Necessary?

By Jenna Mehdi

Those well-versed in the superyacht industry will know that owning and operating a crewed yacht over 24m is no easy task. Ever-changing administrative, technical and regulatory requirements can create a minefield of hoops to jump through, not to mention the management of the crew members living and working on your vessel. And for the busy lives of the modern yacht owner, the task is simply too much to take on alone. We teamed up with Switzerland-based yacht management company Floating Life , to learn more about the benefits of outsourcing your yacht management needs to experts in the field.

The superyacht industry is evolving at such a rapid pace, it is easy to forget how relatively young it is. Barbara Tambani, co-Director of Floating Life alongside Andrea Pezzini, recalls when yacht management services did not even exist as an established sector, and herself took a lead role in developing the early standards of the discipline. Her co-Director Andrea has worked as an Owner’s representative since 1998, alongside director roles in a number of prominent Italian shipyards. 

‘Our professionalism and expertise is important for our clients ,’ Barbara tells us. ‘Our clients know that their yacht is in the safe hands of people that have the necessary experience and are able to find safe solutions.’

Indeed, Floating Life’s management service was the first in the industry to receive the IOS 9001:2015 certification by RINA for quality. But in addition to the high standards, Floating Life meets across its management services, there should be some acknowledgement of the diversity and complexity of the tasks the team fulfils. Floating Life experts dedicate themselves to every single aspect of the yachting customer journey - from flag registration, ownership structures and shipyard maintenance through to crew support, safety and security. No matter how complex or specialised the management task, the Floating Life team has you covered with a professional and efficient service to meet your specific needs.

‘Our experience allows us to anticipate organisational issues such as booking a last minute refueling or paying a supplier for a weekend, ’ says Andrea. ‘ We also consider the possibility of breakdowns or accidents on board as it is important to act promptly to limit the damage and avoid any possible impact that may be linked to pollution.’

With dedicated contacts in each department, Floating Life has the resources and knowhow to cover all bases, leaving clients with more free time to enjoy the use of their yacht.

Offering a competitive edge with a bespoke, tailor-made service, yacht management with Floating Life offers something larger, more corporate firms cannot; that is a truly personalised touch. Indeed, the Floating Life team knows just how important relationships are in this industry. With thanks to an extensive network of shipyards and dealers, Floating Life can offer clients high-level services at very competitive prices.  

‘The yachting industry around the world is constantly changing, so it is vital to keep up to date with all the necessary rules for safety and security, ’ Andrea tells us. ‘ Yachting industry laws change frequently and there has been a lot of development over the last 20 years. Our team keeps up to date and monitors these changes around the world, so we can prevent any problems from arising.’

Maritime traditions have been around since the beginning of civilisation. But the modern superyacht industry, as we know, is still finding its place in international laws and regulations. Keeping up with these ever-evolving rules can be an impossible task to take on alone. That is why Floating Life, with its extensive, specialised knowledge, dedicated staff and tailor-made service, is here to help. 

"The yachting industry around the world is constantly changing, so it is vital to keep up to date with all the necessary rules for safety and security." Andrea Pezzini, Co-Director Floating Life

"The yachting industry around the world is constantly changing, so it is vital to keep up to date with all the necessary rules for safety and security."

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Companies linked to this story, more news from ..., charter news.

• Edge Yachts
• Full Service Yacht Management
• Financial Management
• Crew Services

COMPLETE SUPERYACHT MANAGEMENT

At Edge Yachts we understand that the idea of owning a superyacht is to enjoy life at sea in all its wonderful facets. That is why we have made it easy for you to enjoy your yacht without the hassle of overseeing the management. Our CEO and Chief of Operations have put together a full yacht management package for your convenience so that you don’t need to coordinate too many independent services.  

With our full management package you will have access to our team and services around the clock. We will be there to support your yacht Captain and crew to take care of anything related to our management services. With this package you get added benefits such as our new build and refit support. We also add other cruising services such as looking after US cruising permits to make your flexibility of travel easy and simple to process. This is our most popular package because it will ensure that the safety and running of your superyacht is in the best order and complies with all relevant global legislation. Allowing you to enjoy the journey.

Full details of what is included in our full yacht management package is detailed below. 

International Safety Management – ISM/ISPS

ISM (International Safety Management) is mandatory for all vessels over 500GT. Although full compliance is not required for yachts 499GT and below, they are required to comply with mini ISM regulations and it is recommended that those yachts also work towards full ISM compliance to ensure the yacht sails smoothly and does not pose any safety issues for its owner, crew and guests.

Here at Edge Yachts we offer full management of all ISM and ISPS requirements for superyachts of all sizes. We also offer a mini ISM that covers the most important safety measures for yachts below 500GT who want to ensure safety remains paramount, without undertaking a full ISM/ISPS audit.

• ISM and Mini ISM systems, auditing and manuals tailored to each yacht’s needs • Provision of DPA and DOC for all major Flag States • Ongoing support for all operational and planned maintenance systems onboard • 24/7 shoreside emergency support

Our approach to each client’s ISM system is completely tailored to the vessel’s needs. Our safety management systems (SMS) take into account the superyachts refit and repair cycle to allow for planned maintenance. All Edge Yachts’ safety and security manuals are approved by all major Flag States*.

As a global security measure, and a part of the International Convention for the Safety of Life at Sea (SOLAS), compliance to the International Ship and Port Facility Security Code (ISPS) is also mandatory for all large charter yachts over 500GT.

Developed after the attacks on 9/11, the ISPS Code provides a standardised and consistent framework for evaluating risk through changes in vulnerability for ships and port facilities through unique assessments of individual vessels. Relevant vessels are required to create a tailored Ship Security Plan (SSP) based on assessments and audits of the onboard operations, as well as the physical attributes of the vessel.

Our team will assist you in every step of ISPS Code compliance, providing advice and guidance to ensure certification is maintained and remains valid, whilst providing a realistic and achievable approach to the day-to-day operation of your yacht.

Our experience with the ISPS Code will guarantee you smooth sailing from the initial development of your SSP through to inspections and audits, and our onshore team offers uncompromising support for your designated Security Officer and Designated Person Ashore (DPA) roles in emergency situations.

Designated Person Ashore & Documents of Compliance

The ISM Code requires that a land-based professional acts as a link between those on board and the owning company of the vessel. Our team of master mariners provides you with the reassurance that your Designated Person Ashore (or DPA) brings with them enormous experience at sea, including on superyachts, and can empathise with any situation your captain and crew are facing.

Custom mini ISM for yachts 499GT and below

Red Ensign commercial yachts under 500GT and over 24m are required to comply with the ISM Code to a mini ISM standard. This is less stringent than the full ISM standard but provides reassurance for guests and charter guests travelling on board that the yacht is as safe as possible. We custom plan each SMS for our mini ISM clients with as much commitment and attention to detail as our largest superyacht clients.

We will discuss your requirements and if needed make a site visit to establish a bespoke package to suit your needs. Many vessels decide that they want a service that exceeds the basic requirements of a Mini ISM but do not require a full ISM audit. This adds value to the yacht for the purpose of insurance or resale value, but is more flexible around daily activity. Edge Yachts can provide a tailored SMS solution for you, without submitting the SMS to Flag State for approval.

*We hold Documents of Compliance for all the major Flag States, including: Cayman Islands, Marshall Islands, Bermuda, St Vincent and the Grenadines, Malta and Jamaica [MCA/UK or US?]. Our team is also Lloyd’s Register certified.

Concierge Services

• Specialist sourcing of superyacht and estate inventory
• Arranging unique experiences and purchasing opportunities

In luxury yachting, we are accustomed to receiving nothing but the very best service and products in all areas. From designer bespoke crew uniforms to delivering the freshest Maine lobster somewhere in the Caribbean, our standards are exacting and our networks for sourcing items or experiences are second to none.

Part of the premier service offered to our full yacht management clients is a concierge service to ensure every last detail is arranged and triple checked for you.

Beyond assisting with your superyacht operations alone, Edge Yachts considers the comfort of our premier clients wherever they are in the world. ‘Impossible’ is not a word in our vocabulary, and we have achieved a wide range of demands that have been insurmountable to others. Our premier clients experience a service that doesn’t stop, from a team that is passionate about delivering only the very best.

• Assistance with filing and updating electronic Notice of Arrival Departure (eNOAD)

Edge Yachts provides an eNOAD filing service for superyachts to ease the process and assist the Captain and first officer with their administrative duties on board.

As part of the official monitoring of marine traffic in the United States*, an eNOAD must be filed each time a vessel moves between US Coast Guard COTP (Captain of the Port) Zones. The eNOAD is submitted online in advance of the departure, with a timeframe dependent on the journey the vessel is about to make.

If the voyage time is less than 96 hours, the eNOAD must be filed prior to departure and at least 24 hours prior to arrival. If the voyage time is over 96 hours, the eNOAD must be filed at least 96 hours prior to arrival at the port of destination. Updates to eNOADs are possible but the last update for a 24-hour notice must be made at least 12 hours prior to arrival. If the vessel is departing for a foreign port, the eNOAD must be filed at least an hour prior to departure.

All foreign flagged vessels entering US waters or transiting between designated Port Zones can face heavy fines, boarding and even vessel detention if the eNOAD is not filled out in a correct and timely manner.

For charter yachts this can be especially paperwork heavy during a time when you might have demanding guest on board who want to change the itinerary at short notice.

Our eNOAD service allows your Captain and crew to focus on you and your guest and trust that the administration is taken care of by a team of trusted advisors.

*The eNOAD is a US Coast Guard requirement only and has no bearing on whether the yacht will be cleared for immigration by the Customs and Border Protection authority on an arrival into the United States.

• Budget analysis and full ongoing accounting service
• Crew payroll and employment service
• Ownership company set-up and management

Today’s superyachts are run like large private estates or hotels. Whether they are used purely privately or with commercial activity through charter, superyachts are multi-million dollar assets with annual operational budgets that commonly run well into seven figures.

We have a team of qualified specialists who can manage your yachts accounts, deliver crew payroll, legal contracts, coordinate yacht expenses, provide accurate and responsive reporting and produce monthly and annual budgets. Why not let our onshore experts keep your books up to date, and let your Captain and crew look after you?

The accounting and budget analysis of superyacht operation and planning can be time consuming and complex, demanding considerable attention from a captain, purser or chief stewardess. Add to this the increased workload of crew payroll and employment contracts that are required by the MLC 2006, and significant resources are needed to maintain compliance.

At Edge Yachts, we see ourselves as an extension of your onboard crew, able to assist department heads with their administrative duties and freeing up their time to focus on making sure every guest experience is as incredible as possible. To our team of highly experienced maritime professionals, yachting regulations and legal frameworks are second nature. We are accustomed to setting up ownership structures for superyachts, to ensure these are done in the most fiscally responsible and logical way possible.

New Build/Refit

• Full owner representation from contract negotiation to delivery
• Technical consultation and regulatory advice
• On-the-ground representation and remote support for build captains and engineers
• Warranty tracking and management for recently delivered superyachts
• Planned maintenance scheduling and tracking
• Project scope definition and projections
• Liaison with refit yard teams for upcoming refit and repair periods
• Captain and crew support before, during and after refits

Custom-building your own luxury yacht is a highly personal experience, and a lifelong ambition for many. Most future yacht owners will have a vision in their mind of their ideal vessel, and look for assistance from seasoned professionals to make that dream become a reality.

An owner’s representative or build team should first and foremost be experienced enough to understand that vision and the technical aspects and choices necessary to bring it to life, on time and on budget. Whether it’s installing a cutting-edge music-recording studio, incorporating a four-deck-tall sculpture into the interior, or integrating seamless head-of-state-level security systems, Edge Yachts has the experience to make the most elaborate of requests come to fruition on any custom-build superyacht project.

From contract negotiations and early design consultations to delivery and launch, the Edge Yachts team has exceptional technical and operational experience to lead the way for a custom-build superyacht project. Our clients have included some of the most discerning and experienced superyacht owners, with exacting standards and the highest of expectations. We have had the privilege of working with some of the best shipyards and designers in the world, alongside the best captains and build crew in the business.

As well as working for an owner as a direct on-the-ground representative, our team can also provide build captains and engineers with remote support and technical guidance to whatever level requested. And once the new yacht has been launched, we will assist the onboard team with warranty tracking and ongoing management to ensure a smooth-running first few months and years of operation.

Refit, repair and maintenance are part of a yacht’s ongoing lifecycle after launch. Maintaining your luxury yacht to the highest standards is a complex undertaking, requiring considerable expertise and planning. Responsibility for tracking and scheduling planned maintenance and refits usually falls to the captain and departmental heads onboard, but this can be very time-consuming, particularly when planning ahead for a yard period often takes place in the middle of a busy charter season.

If the refits, repairs and maintenance are not planned ahead of a yard period, costs and time needed can escalate when unexpected work orders are added. On the other hand, if a yard period is well planned, costs are better controlled, standards of workmanship are enhanced and downtime is minimised. The team at Edge Yachts has many decades of combined superyacht sea-time, and have managed multiple new build and refit projects. We can assist the captain and department heads with planning a successful refit period and alleviate their workload during busy operational months.

Global Background Checks

• International background checks for prospective crew
• In-depth verification of references and criminal record checks

As an extension of your home, a superyacht is a private space for you to enjoy time off with friends and family. Beyond the responsibility of human safety placed on the crew, many priceless items and works of art are often kept onboard. Recruitment protocols should therefore be as rigorous for a superyacht as they would be for a private residence or family office. Simple reference checks do not provide sufficient data to fully understand a candidate’s suitability for a position, and will often not be in-depth enough to consider the potential crewmember’s life prior to yachting.

Our understanding of the unique demands in yachting gives us an added advantage over other services that carry out background checks. Our searches are international and exhaustive, giving you peace of mind that those you have trusted to look after your superyacht asset, the valuable items onboard and, most importantly, your family and friends, are the perfect fit.

• Assistance with obtaining a Declaration of Maritime Labour Compliance Certificate
• Advice on up-to-date regulations for MLC 2006 compliance

Coming into force in August 2013, the Maritime Labour Convention 2006 (MLC 2006) caused a significant stir in the luxury yacht world. Having been created as a way of improving conditions for all those who work at sea, it consolidated dozens of existing pieces of legislation from the International Maritime Organization. It also created a number of new hurdles that superyacht owners and captains would have to jump in order to operate for charter.

Areas covered by the MLC 2006 include crew accommodation, payroll, employment contracts, complaint procedures and employee rights. To add to the complexity, as well as home port registration, individual crew nationality can also have an impact on the yacht’s obligations.

Although it can seem daunting, working with a skilled team of yacht management professionals will assist you and your superyacht crew in ensuring 100% compliance to the MLC 2006, giving you peace of mind for any potential inspections by port state control.

Our team of administrative experts understand the nuances and very latest updates on MLC 2006 regulation. Whether you have a private vessel looking to move into charter or a recently delivered new build superyacht, we will guide you through the process of obtaining a Declaration of Maritime Labour Compliance Certificate (DMLCC) and maintaining your status of compliance going forward.

• Signing party for COFR paperwork of non-US flagged vessels visiting the US
• Provide ongoing support and monitoring of COFR paperwork
• Access to eCOFR portal for certification applications

Also relating to environmental issues and water pollution, the Certificate of Financial Responsibility or COFR is a guarantee from the vessel owner or a third party that a superyacht is able to cover its legal liability up to prescribed limits, in the event of the release or threatened release of oil or other hazardous materials.

It is applicable to superyachts of over 300GT using the navigable waters of the US. In the case of superyachts, the COFR is usually a statement of proof of insurance to pay for costs of clean-up and damage relating to a spill up to the liability limits required by the Oil Pollution Act. As a US-based company with USCG approval, Edge Yachts can act as the signing party for COFR applications of non-US flagged superyachts over 300GT looking to cruise US waters.

Full Yacht Management Services

Find out more

To discuss your yacht management please contact the Edge Yachts team

Yacht management.

• Crew Contracts

Edge Yachts Fourth Floor, Willow House, Cricket Square, Grand Cayman, KY1-1104, Cayman Islands Tel: +1 345 769 4074

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Underwriters - Inserve - marine loss prevention

• Underwriters

If you have an assured who needs assistance to improve the loss record, or a fleet with an interesting risk profile or you just want to know more about a particular assured or a particular region or sector of the industry, we can help. We offer risk evaluations of many different sectors of the shipping industry in various parts of the world from fishing vessels in the Asia to river traffic in south America.

Home » Management » Crew Support

Crew Support

Floating Life Yacht Management extends a comprehensive Crew management service, dedicated to ensuring the seamless and effective operation of Yacht human resources. Our meticulous approach encompasses various facets, from verifying qualifications to performance assessment, to guaranteeing the selection of the best-suited Crew

Contract management​

Handling contract negotiation, setting objectives, and conducting performance assessments to optimize Crew management.

Medical Insurance and Claims Handling​

Managing Crew medical insurance, accidents, and claims to safeguard the well-being of Crew members.

Crew Payroll

The provision of Crew Payroll services, based on flag jurisdiction. Crew contracts management and payslip issuance will adhere to the rules of the respective flag.

Qualification and reference verification

Rigorous verification of qualifications, and thoroughly checking references to ensure the reliability and competence of prospective Crew members.

• Track Record
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The boutique superyacht management company

8 yachts. 8 owners. truly dedicated yacht management., maximising your enjoyment, minimising the cost of ownership, responsive, efficient and there when you need us, peace of mind to enjoy your yacht, getting you where you want to be, hands on management, 8 yachts & 8 owners, exclusively yacht management.

"Setting up 8 Yachts was a logical step as Guy and I were doing very similar work and share the same core values. We have both project managed builds and both have boats already under full management " − Jim Passmore, Founder

"After taking the temperature of the industry through discussions with owners, brokers, charter agents and captains, we feel we have identified an area that has certain shortcomings " − Guy Waddilove, Founder

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Boutique superyacht management.

Customised superyacht management to meet your needs.

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About 8 Yachts

8 Yachts is an independent, boutique yacht management company that prides itself of service, cost efficiency and responsiveness. Our team only manages a portfolio of eight yachts ensuring you get consistent service without compromise.

© 2024 8 Yachts.com. 8 Yachts Limited 2014

MANA I For Sale

An intelligent and great buy for an experienced or first time yacht Owner. - Broker

Sstership of the 2018 World Superyacht Awards Winner.

MANA I is the third Mulder ThirtySix. Built to the high standards of the Dutch yacht building industry, this Mulder ThirtySix is very appealing for both charter and private use.

The yacht's interior has been designed by Vickers Studio and has exterior styling by Claydon Reeves.

An intelligent layout, well engineered and the fuel economy is just amazing. It’s a superyacht with all the facilities you could need but it’s still very human-sized.

The best of MANA I

• Well-proven design with Dutch pedigree build.
• Superb size of sundeck and master cabin for a 36m yacht.
• Solid charter history and reputation.
• Gym / Exercise Equipment
• Jet Ski / Waverunner
• Swimming Pool / Deck Jacuzzi
• Zero Speed Stabilizers

Tender Williams 625 Diesel Jet for 1 driver and 10 guests max. (in good conditions, i.e. no waves) Jetskis 2 x Yamaha VCR 2019 2 x Seabob F5S 2x Inflatable SUP Boards Fishing gear Funtube Water ski’s Wakeboard

MANA I offers accommodation for up to 10 guests in 4 spacious staterooms, consisting of the Owner's stateroom on the main deck and three guest staterooms on the lower deck.

Two guest staterooms are convertible to either twin or double staterooms, and feature an additional Pullman bed each.

The exceptional features of the full beam Owner's stateroom is heightened by dedicated access to a private seating area in the bow - a tranquil nook from which to contemplate the horizon.

• Length: 36m/118ft
• Gross Tonnage: 296
• Model: BN118
• Max. Draught: 2.05m/6ft 9"
• Hull construction: Aluminium
• Superstructure construction: Aluminium
• Exterior Designer: Claydon Reeves
• Interior Designer: Hollander Yacht Design
• Naval Architect: Van Oossanen Naval Architects B.V.
• Engines: 2 x CAT C18/1150hp
• Generators: 2 x 80kW 50Hz
• Range: 3300nm @ 10kn
• Flag: Maltese
• Classification Society: American Bureau of Shipping (ABS)

Yacht Management

With over 300 years of collective experience, our yacht management division offers expert guidance to maximise the enjoyment of your yacht.

Charter your Yacht

As the trusted choice of the industry, we get your yacht in front of the right audience in a highly competitive charter market.

Need help or advice?

The yachting journey can be complex with many decisions to be made. Get in touch with Ocean Independence, and one of our specialist consultants will help you make the right choices.

As a truly global company with 15 offices worldwide, we’re available 24/7 to help with any enquiries.

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