Owner Assistance Programs

Management

 

Breakdowns can occur, and this can be an unpleasant experience for you the owner and a very difficult situation for the Captain, especially if the yacht is not in it's home port where all regular servicing is conducted. It can also prove very expensive if a charter has to be cancelled. With proper shore support, spares can be shipped promptly, if necessary, by courier or with a specialist, engineer, replacement crew or even medical assistance co-ordinated.

All yachts require constant management in order to keep them in peak condition and preserve their prestige, aesthetics and value. If maintenance is conducted in a reactionary manner without preventative work, disaster looms and one can expect to run into problems that even if small, can render a cruise less than perfect. Trouble shooting is costly, especially if conducted in an emergency with short dead lines in pressing commitments. Our Yacht Management has a planned systematic program of yacht management with the emphasis on preventing problems not reacting to them. This proactive approach helps to avoid problems which can increase 'down time', lessen returns on investment or simply shorten a holiday with family and friends.

Owners who have the time to supervise the detailed running of their yachts are few and far between. Most of us are too busy getting on with life and do not need the added stress of yacht management. We do not need to acquire the specialist knowledge or heavy time commitments that are behind the cruises we so enjoy.

Whilst a competent Captain and crew can undertake much of the day to day running of the yacht, they need back-up in the form of a detailed maintenance plan incorporating on-board systems and shore support and assistance. This workis specialized and is not that which many owners want to do or are in a position to provide.

Management permits owners to eliminate the majority of the worry of the unpleasant and time consuming aspects of large yacht ownership. The owner may then obtain full benefit from their yachts without the associated hassles.

Because of our close relationship with many marinas and years of experience in the business Atlantis Yachts (SEA) Pte Ltd. Management can effect significant cost savings on annual operating costs, whilst also ensuring that the yacht performs to optimum standards and retains it's resale value.

Professional management can assist an owner of a craft in effectively managing the relevant taxation responsibilities. Whilst each owner's individual tax position needs to be considered by his own taxation advisors, a common factor is that most tax authorities require evidence that the yacht is being professionally run as a separate business entity for tax benefits to be obtained. The analysed accounts produced by a proper management system can provide this evidence. Atlantis can also analyse the yachts accounts and maximize the benefits with a professional eye, immediately recognizing any irregularities in the yacht's disbursements.

The aim of yacht management is to help the owner to get the maximum enjoyment from his yacht for the best price. The way we can help him to achieve this is by ensuring that the yacht is always clean and ship shape and maintained in the best possible working order, with a smart professional crew to take good care of the owner and his guests.

   

 

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