Management Articles

Management

August 27, 2018

A Reintroduction to the Superyacht Cost Calculator

In October 2018 Luxury Yacht Group launches the third major revision to our superyacht cost calculator. The newest version has been built using our experience as professional yacht accountants and financial advisors. Our yacht management team has over 100 combined years of experience working with real operating numbers for superyachts. Additionally, we took feedback from hundreds of owners, captains and yachting industry experts who have been among the 15,000 users of the previous versions of this tool to make some major changes.

August 17, 2018

British Virgin Islands Are Open For Yacht Cruising This Winter.

Category 5 hurricanes are very rare so when the North East Caribbean saw back to back direct hits from Irma and Maria in September of 2017 it was obvious that the upcoming cruising season was going to be drastically altered. 85% of yachts that had planned to cross the Atlantic remained in the Mediterranean and USA based yachts stayed well away. The question everyone is asking, “With the 2017/18 season a total loss can yachts once again sail the Virgin waters?”

March 30, 2016

Republic of the Marshall Islands Yacht Safety Advisory 4-16

March 25, 2016

Charter Operations Brochures Distributed by USCG Sector Miami

March 15, 2016

Marine Safety Circular 1503 Compliance Extension

March 4, 2016

Republic of the Marshall Islands Yacht Safety Advisory (YSA 2-16)

January 26, 2016

The Luxury Job Market

The highest standard of service is rare and attainable for a privileged few. There is international demand for employees with traditional service training.

January 14, 2016

Turkey Alters Passport Rules

December 8, 2015

Cuba Is Not Ready To Welcome Mega Yachts

The United States Embassy in Cuba is now open, but travel to the country is still fraught with restrictions. The infrastructure available to the mega yacht is limited.

December 7, 2015

International Maritime Organization (IMO) Administration Requirement Report/Recommendation

November 11, 2015

The Crew Hiring Process — A Captain’s Advice

Those familiar with the yachting industry understand that crew turnover is a constant. While the selection and hiring process is often seen as a necessary evil, a standardized hiring process can turn a distasteful task into something much simpler. The increased efficiency of a process can translate into identifying the best candidates faster and with less effort.