THE CONFLUENCE
OF AFFLUENCE
& INFLUENCE
We are the worldwide association for the owners of large, permanently-crewed yachts often known as superyachts. The Club is fearlessly independent and has no connections with particular yacht builders, brokers, managers or suppliers. By pooling expertise and experience, we’re making ownership easier, more transparent and better value.
The Club's a wonderful idea and long overdue. I've had teeth for years but that doesn't make me a dentist. I've had yachts for years, but I'm still glad of the opportunity to share knowledge and best practice, and help make ownership less opaque.
OWNER, 42M MY
GAINING
KNOWLEDGE
SHARING PASSION
As owners, we’re asking the same questions, to the same advisers, again and again. Or we’re asking our captains and managers, whose well-intentioned understanding can be out-of-date or based on hearsay. Members are free to consult the Club’s General Secretary about any aspect of ownership, from purchase, through crew employment and regulatory requirements, to a successful sale and on to bigger and better.
About time! I can’t always justify taking advice on operational matters. If we can come together to share both expense and experience then that has got to be a good thing.
OWNER'S REPRESENTATIVE, 35m SY
GUIDANCE
ON MATTERS
WHICH MATTER
With the relevant Members’ permission, we’ve summarised some of the guidance provided previously by our General Secretary, for the benefit of other Members and the wider community. The information may not apply to your circumstances. If you need help in respect of specific situation, please contact us.
I really like the concept. Shipping has BIMCO - and what do we have? Nothing of the sort. Let's blow away the smoke and smash the mirrors!
SFO CEO
TRANSPARENCY
AUTHORITY
CLARITY
Those prepared to stand by their promises should be happy to have their undertakings written down. Transparency promotes trust, eliminates misunderstandings and builds stronger relationships. Drafting agreements is time-consuming and rarely cost-effective for individual transactions, Members will soon have at their fingertips a growing suite of ready-made, plain-language documents. So we’ve commissioned a suite of ready-made, plain-language documents covering most aspects of ownership, plus practical guides on their use.
Bringing owners together like this, it’s been hard to know where to begin. I think we’re starting in the right place with guidance and standardised agreements. These are what’ll make owning as straightforward as possible, as quickly as possible.