Operating a yacht is akin to running a small corporation and our luxury yacht management team proactively assists Owners, captains, and crew with all the details. We are available 24/7 to guide and assist through all of the complexities of day-to-day yacht crew and ship operations. Recently, We spoke with Carly Morgan from the Moran Yacht & Ship Management team to learn how they keep superyacht operations running smoothly.
Why do owners utilize the services of a yacht manager?
Owners expect their yachts to be well-maintained and to operate safely and efficiently, within a set budget. Managing these expectations is a stressful task, therefore, many owners choose to rely on a professional yacht manager. Other owners simply want a knowledgeable team that will protect their investment and ensure that everything is done in compliance with relevant regulations.
Does the role of yacht management begin before or after the yacht is built?
The role should begin before the vessel is launched. There are so many important pieces that go into getting the boat ready for service such as meeting regulatory requirements, setup of financial systems, and employment of a suitable crew. Ideally, we want to be involved at the early stages to ensure that things get setup properly and the systems are in place to get the boat into service on time and up to the owner’s expectations.
How do you find/place crew for a yacht?
The first step is to discuss with yacht owners their preferences in order to determine the type of crew that will be suitable for the yacht, while also paying close attention to the professional certificates with the flag requirements. Once the formal aspects have been verified, we run a comprehensive reference check and interview selected crew to ensure that they are suitable for the yacht’s planned activities and areas of navigation.
The internet still plays a key role in locating qualified crew. Captains and crew connected through social media can find proficient candidates for key roles they are looking to fill. In addition, we get many CVs emailed through our website from crew looking for work. We also have an extensive database that we can search for ideal candidates to provide to captains who may be looking to fill a role.
Tell us about about how the yacht management industry has evolved recently?
Over the past few years, we have seen the regulatory side of management tighten, which benefits the safety of all crew and passengers as well as environmental protection. This corresponds with new hires beginning their role with a higher amount of regulatory knowledge. We have also seen yacht owners become increasingly adventurous and seek destinations outside the popular Mediterranean hot spots.
Our Yacht Managers
Our team includes veteran captains and engineers whose collective experience in yacht management is unmatched and envied by the competition. We are uniquely positioned to provide a custom, world-class crew and ship management program. Our project management team at Moran is always available to assist and meet the complex demands of yacht ownership. Our response is personal and immediate, and we are committed to exceeding our client’s expectations of luxury yacht management.
We invite you to contact us today to learn more about our luxury yacht management services and how we can help you enjoy your yacht to the fullest.