Yacht management
Yacht management services refer to a range of professional services provided to yacht owners to help them efficiently operate and maintain their vessels. Owning a yacht can be a significant investment and managing all aspects of yacht ownership can be time-consuming and complex. OCEAN DREAMS YACHTING offers the expertise and resources to ensure that yacht owners can enjoy their vessels without the burden of administrative, technical, and operational responsibilities.
The scope of yacht management services can vary depending on the needs and preferences of the yacht owner, but some common services include:
1. Financial & accounting :
Managing the finances of a yacht can involve budgeting, accounting, and handling expenses related to fuel, port fees, insurance, and crew salaries. Yacht management companies maintain transparent financial records and provide owners with regular reports.
2. Crew Management:
Yacht management companies can recruit and hire qualified crew members, including captains, engineers, deckhands, chefs, and other onboard staff. They handle the crew's contracts, payroll, and training, ensuring compliance with relevant regulations (STCW & MLC 2006)
3. Compliance and Regulation:
Yachts must adhere to various maritime regulations, safety standards, and flag state requirements. Yacht management services ensure that the vessel remains in compliance with all relevant laws and regulations.
4. Technical management:
Regular maintenance and prompt repairs are essential to keep a yacht in top condition. Yacht management services arrange and oversee maintenance tasks, such as shipyard period, engine maintenance, painting, and other repairs, to ensure the yacht's safety and longevity.
5. Insurance and Risk Management:
Yacht management companies can help owners secure appropriate insurance coverage for their vessel and provide advice on risk management to mitigate potential liabilities.
Overall, yacht management services aim to provide yacht owners with peace of mind by ensuring that their vessels are well-maintained, operated safely, and managed efficiently. By delegating these responsibilities to OCEAN DREAMS YACHTING, yacht owners can focus on enjoying their time on the water without the stress of managing the intricate details of yacht ownership.