YACHT MANAGEMENT
EDMISTON As one of the most recognisable brands in the yachting world; Edmiston is one of the world’s most successful and respected yacht brokerage companies. With offices in London, Monaco, New York, Miami, Newport and Mexico City, Edmiston is a company synonymous with revolutionising yacht marketing. The company has been involved in some of the most important yacht sales, charter, yacht management and new construction transactions of the last 25 years; and continues to inject innovation and energy into every one of its activities. Good yacht management is the key to stress-free yachting. Whether buying, building, refitting or chartering, Edmiston takes care of every detail of a yacht’s operation. The welfare of your crew, the care of your yacht, the protection of your investment – Edmiston Yacht Management have the experienced and professional team , ability and contacts you will ever need. For more details Tel: + 377 93 30 54 44 or visit
www.edmiston.com
other sub-tasks of this main objective, including crew recruitment and uniform selection, must be completed as efficiently and cost- effectively as possible, so can be left to the onboard team, with guidance from the management company if required.”
Crew placement is about truly understanding every aspect of the vacant position so we can find you specific individuals with the right set of qualifications, personality, and experience.
Maxime Bregeon, Safety and Crew Manager, says, “The professional team of recruitment consultants at our sister company, The Crew Network, is well versed in finding skilled crew to operate any yacht to the highest standards. Our crew department work closely with a captain or owner’s team if they put forward CVs or candidates directly for interviews and vetting. Depending on the setup required by the owner, we usually think it is beneficial that Fraser, the captain and owner work together in order to find a qualified and harmonious team.
The key to a successful yacht operation from a manager’s perspective has to be keeping the owner happy. It must rely on trust, expertise and transparent communication between the owner, captain and manager. The captain and manager have to happily work hand in hand to satisfy the owner’s requirements and maintain a safe and efficient onboard operation.
Owning and managing a luxury yacht is an increasingly elaborate business. The role of a yacht manager is to offer support and advice to yacht owners and their captains to ensure that the
yacht is being maintained, crewed, administered, and operated to the highest standards, and is compliant with flag and class requirements. Frasers work with the captain and the owner’s team to make sure that the yacht is operated safely and efficiently, giving the owner the opportunity to enjoy the yacht. Maxime Bregeon, the
company’s Safety and Crew Manager says, “The complexity and the size of today’s yachts require daily support from an onshore management team. This is proven especially in case of emergency where our team can mobilise a tug, medical support, or anything else around the clock and coordinate all parties such as insurances, Coast Guard, next of kin, etc in order to give the captain full capacity to focus on any onboard emergency.”
COMPLICATED ROLE The role has become so very much more complicated now but how has it affected the workload of the manager? Daniel Küpfer at Ocean Management tells us, “We have seen the industry becoming much more regulatory over the last two decades and the complexity on yacht management has significantly increased.”
“The fundamental services typically provided by a yacht manager have not changed in the last 5-10 years,” says Mark Patterson at
Y.CO. “However,” he continues, “the yachts have become bigger and more complex, legislation and compliance has increased, crew numbers have grown and we’re working with a new generation of yacht owner, one that wants to travel extensively and use their yachts as platforms for adventure. These are factors that have reshaped the way the typical yacht management services are provided and have diversified the type of tasks that a yacht manager is required to do. That said, technology continues to advance and provide all of us with solutions to increase efficiency and maintain a sustainable work load, whilst still delivering a consistent high-quality service.”
ONBOARD | SPRING 2022 | 63
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