The manager can also act as a sounding board for the owner regarding ideas and future plans for the yacht
Peter Bennett he co-founded Bluewater. Each Director focuses on different areas of yachting and are very hands-on with their teams. Holden heads up the Yacht Management Dvision and is proud of what it has achieved. He says, “We built Bluewater to be the complete package for yacht owners; we have a charter division, a brokerage team and our management department all working hand in hand with our crew training and recruitment experts. He adds, “We understand both sides of the yachting industry, from the crew perspective and from the owners and are able to offer our management yachts additional services that others can’t, without having to outsource.” Included in the company’s bespoke yacht management packages is access to the company crew database for hiring crew. Added to which, the company has brokers an owner can call upon when needed for advice on charters and sales. Holden says, “Having experts in all these divisions under one roof ensures a streamlined service, round the clock, 7-days a week.”
MAIN ADVANTAGES When it comes to managing a vessel, Holden believes there are two fundamentals that if you get right everything else will flow. “These areas are the finance of the vessel and the crew of the vessel.” As an example, he says, “If you manage the maintenance of the vessel correctly and pay what you need to pay, it will be successful, if you manage it incorrectly it will end up costing you more in the long run. If you were to supply the wrong chief engineer to the vessel it would impact the maintenance of the vessel going forward and thus reduce the enjoyment that the owner could have.”
Taking the stress of ownership away and problem solving with regards to the general operations of the vessel is what yacht
WRIGHT MARITIME GROUP Wright Maritime Group is a specialist in new yacht construction and large yacht management, operating globally as a world leader in yacht operations. Wright’s core values and their strive for exceptional excellence is fundamental to WMG’s success. WMG Headquarters received its name ‘The Academy’ because, while a place of accountable action, it is also a place of learning to do great things for their clients, their crew and the businesses serving them. Informed owners and their representatives call Wright Maritime for advice and support in ensuring that their yachting experience is the best it can be, while protecting their financial interests and improving time spent on board. Wright Maritime supports all fields of the large yacht industry with initiatives and encouragement. For more details Tel: +1 954 523 0300 or visit
www.wrightmaritime.com
managers do best. They should ensure legality, promote continuity and co-ordinate Flag and Class requirements so as not to interfere with the yacht’s programme. “Good yacht managers,” says Holden, “should keep control of the finance and ensure the owner gets the best deal. They should supply, vet and manage the crew properly to ensure the correct selection of captains and heads of departments.”
Nick Irving started delivering yachts as a skipper in the 1980s. He worked for various charter companies and completed 30 Transatlantic and 3 Pacific crossings, and innumerable trips up the US east coast, around the Mediterranean and the North Sea. It was that experience that led him to set up Reliance Yacht Management nearly 25 years ago, with a focus on providing logistical solutions to the leisure marine market. The company continues to grow, adding more charter fleets and private owners to its portfolio. He says, “We concentrate on the logistics and movements of boats worldwide, with a network of captains, crew and local coordinators supporting us throughout the world. While our origins lie in crewed delivery, over the past few years we have expanded into shipping services in order to meet customer demands. This has led to a new exclusive service agreement with UK shipping company, Peters and May. We continue to grow by listening to what our clients want and responding accordingly. We are proud of the fact that so many of our clients are loyal to us, some of whom have been with us for over 20 years.”
Irving believes that employing a superyacht manager provides the owner with a single point of contact for all matters relating
104 | SPRING 2021 | ONBOARD
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140
