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
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 Or we’re asking our captains and managers, whose well-intentioned understanding can be out-of-date or based on hearsay.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
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!
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.
OWNER'S REP / PROJECT MANAGER
Our standard contracts will be updated and fine-tuned regularly as the law develops, and Member feedback is received. And for those looking to take a more active role in improving the ownership experience, Governors can direct which particular issues should be addressed by the Club.
If you’re good at making money, it makes sense to be good at spending it, too. It's about time superyacht owners came together to compare notes and join forces.
CEO, LEADING MFO
By pooling expertise and harnessing our collective buying power, we’re going to make yachting more transparent and better value. As well as providing guidance and documentation, we’re bringing owners together to compare notes on particular products and services providers, and benefit from group discounts. We're also working to gain consultative status with the International Maritime Organisation, the regulatory agency of the United Nations.