| It is probably a hassle that we would all like to be | | | | the latest maritime regulations involving safety |
| bothered with but owning a yacht entails lots of | | | | and security and they will work directly with other |
| work and it isn’t all cruises and parties. | | | | agencies around the world to ensure that the |
| Though, actually it can be, if the owner contracts | | | | actual sailing of the yacht is hassle free for the |
| a management company to look after the | | | | owner. |
| everyday running and maintenance of the vessel. | | | | One of the many areas in which a yacht |
| There are specialist management companies | | | | management company can remove the burden |
| around the world that provide a range of support | | | | from an owner is by taking control of the ISM / |
| services to yacht owners from crewing the | | | | IPS regulations. Conforming to these international |
| vessel to organising refits to making sure the | | | | safety and security systems are a legal |
| vessel is adequately stocked with fuel and stores. | | | | requirement for any owner who wants charter or |
| Independent management companies have | | | | operate his yacht commercially. And, |
| become more and more popular with yacht | | | | unsurprisingly, these regulations are hugely |
| owners. And it is easy to see why. | | | | complicated and handing over the responsibility of |
| As the vessels themselves become larger and | | | | handling the legalities to a management company |
| more complicated the actual day to day running | | | | will save an owner lots of time and prevent many |
| of the craft also becomes more complicated and | | | | headaches. |
| time consuming. Most owners just want to get on | | | | In short a yacht management company can take |
| their yacht and set sail, which is why a | | | | care of all those small and not so small tasks that |
| management company can be so useful. | | | | need to be handled to ensure the smooth and |
| A yacht management company will ensure that | | | | trouble free operation of a vessel leaving the |
| the vessel, its equipment and crew conform to all | | | | owner free to enjoy his sailing experience. |