What is yacht management? Simply put, yacht management is the supply of support and advice to owners and their Captains which ensures that the yacht is being maintained, operated and administered to the highest possible standards. Owners are then free to enjoy their time on board, safe in the knowledge that every last detail is being taken care of.
SERVICES OFFERED BY FRASER YACHTS
We offer owners a management support service capable of handling the full spectrum of large yacht operations. From financial reporting to the supervision of yard time, our dedicated team has the specific knowledge and experience to deliver solutions. We provide owners with reduced downtime and costs as well as effective management and budget controls. Ultimately, giving owners greater safety, enjoyment and peace of mind.
Using a dedicated bank account for each yacht, we handle the entire financial management of a yacht’s expenditures – working from an annual budget with monthly, quarterly and annual reports.
In the technical and maintenance arena, the diverse backgrounds and practical experience of our staff provide a wealth of knowledge. We coordinate and supervise routine maintenance and refit work onboard yachts and deal with Classification Society, Flag State and other regulatory bodies.
SAFETY & SECURITY
Fraser Yachts is committed to a certified safety and quality management system following commercial shipping industry standards, customised to yachting and to each specific yacht. For commercial yachts that operate under the International Maritime Organization (IMO) guidelines, our Safety & Quality Managers will aid in the development and implementation of measures onboard to comply with the international regulations.
A single phone call to the Global Response Center will result in appropriate resources being directed to whatever emergency is taking place. We will assist with all communications as necessary and will also coordinate the necessary activities of Flag State, Classification Society and insurance as well as analysis to ensure that necessary lessons learned are passed on to the rest of the fleet.
Our staff provides assistance for whatever a yacht may need regardless of where the yacht is operating. Spare parts shipping, chandlery, purveying and fuel bunkering are all part of our worldwide service. We are adept at supporting rapid and economical transport of supplies to any port. With offices in Europe, the East and West coast of the United States and New Zealand, Fraser Yachts’ management staff are reachable at all hours.
We assist owners and their Captains with recruitment, reference and certification checking and ensure medical certificates are valid. We provide employment contracts on behalf of the yacht’s Owning Company (endorsed by applicable regulatory agencies), and administer payroll disbursement, health insurance and crew mail. We regularly conduct background checks, drug screening and incident intervention when required.