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Yacht Management  


Logistical Support:

Crew Placement:

Payroll, budgeting and accounting:

Crew Administration:

Spares acquisition and dispatch:

Insurance:

Compliance:

Charter Consultancy:

 


 

 

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             Logistical Support


Logistical support:
Nicholson Yacht Management can offer you and your crew all the advice and shore-side support you require ensuring that your yacht is utilized in the most cost effective and beneficial way possible.

Crew Placement:
Yachts require highly skilled and motivated crew, capable of providing the safety, comfort and service that you and your guests whether private or charter require. Nicholson Yacht Management has the enormous advantage of having its own long established crew agency and is constantly on the look out for the best Captain’s and crew available. If you need new crew or have problems with your existing crew that cannot be resolved, we will find the crew that you require

Payroll, budgeting and accounting:
We will advise you on a competitive salary structure for your crew and administer the monthly payroll. When required we will arrange payments to suppliers. Every month or quarter we will verify the yachts accounts and present a summary to the owner. In consultation with the Captain and owner we will provide an annual budget, based on the considerable experience we have of running yachts such as your own.

Crew Administration:
We will help your yacht to operate safely and efficiently, throughout the year. Efficient itinerary planning is essential in order to maximize the useable time available on your yacht, for both charter and private use. In consultation with the Captain we can help plan each seasons activity, scheduling in refit and shipyard time when necessary.

A thorough maintenance schedule for the yacht’s equipment is essential and we will liaison with your Captain and Engineer to ensure that this is adhered to whenever possible. Prevention of problems is much more efficient and less costly than curing them. This hopefully will ensure that your yacht is in the best possible condition at all times.

Arranging quotes for refit work and general repairs is an area where we can save the Captain considerable time and yourself expense.

We will make sure that your crew is aware of the ever changing maritime qualifications required to legally run your yacht, and provide employment contracts if necessary.

Spares acquisition and dispatch:
Due to the buying power the Nicholson’s group has, we are able to pass on significant trade discounts on spares and equipment, as well as prompt worldwide delivery as required. We will hold on file an inventory of your yachts technical equipment from Engines and Generators through to pumps and filters to facilitate the speedy acquisition of the spares required and the most beneficial price to you. We can research the best fuel prices in the yachts cruising area and make arrangements for bunkering, in most instances duty free.

Insurance:
Through a number of company’s we are able to negotiate competitive rates for yacht insurance and can also arrange employer’s and crew liability, as well as medical insurance for the crew. Once the policy has begun, we are the first point of contact for the insurers and will deal with all of the ongoing administration for the policy, including the co-ordination of any subsequent claims.

Compliance:
There is an ever-increasing burden of legislation within the yachting industry, particularly if your vessel is MCA registered for charter or requires ISM compliance. Nicholson have extensive experience with dealing with these highly complicated codes and offer cost effective and efficient solutions for safety code management.

Charter Consultancy:
During the winter season, Nicholson Yacht Management will be based out of Antigua, the yachting hub of the Caribbean. We will constantly liaison with our Nicholson Yachts Charter Management division in Newport, Rhode Island. Between these offices we have extensive knowledge of what is required to successfully charter your yacht.

During the period that your yacht spends in the Caribbean, starting from early December with the annual Antigua Charter Yacht Show, through Classic and Race week, to early May, we will provide constant advice and information to your crew to ensure that the boat is used in the most beneficial way possible, both to maximize charter revenue, and to allow your own personal use of the yacht.

With the extensive knowledge that Nicholson Yachts and Nicholson Yacht Management personnel have acquired in the Caribbean over the last twenty plus years, we are able to give a very personalized service to you and your yacht.

We will advise your crew on the most practical and interesting cruising itinerary’s for the periods of their charters or private cruises. Our knowledge of places of interest, fine restaurants, local culture, and provisioning is unsurpassed.

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