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Legal & Finance

How Does Marriage and Divorce Affect a Yacht?

Posted: 4th Jun 2024

Written by: Jessie Pulitzer, Robert Allen Law

Most people mistakenly believe that as long as a yacht is titled only in one spouse’s name or in the name of a separate entity, the other spouse has no right to the boat in the event of divorce. Read More

Superyacht Supplier Contracts - Are Your T&Cs Fit for Purpose?

Posted: 1st Feb 2024

Written by: Sarah Allan

At the start of the year, it's worth considering whether our terms and conditions would benefit from an overhaul, and this article seeks to cover some key pointers, equally relevant in any contract negotiation. Read More

Commonly Overlooked Contract Provisions: Think Twice Before You Sign

Posted: 22nd Dec 2023

Written by: Robert E. Machate, Robert Allen Law

As the marine industry continues to grow, captains more than ever are entering into contracts on behalf of owners for the purchase of goods and services. But what happens if a relationship turns sour? Read More

New Law Set to Positively Impact Yachts and the Charter Market in Spain

Posted: 31st Oct 2023

Written by: Bernardo Ruiz Lima & Antonio de la Campa

With the aim of boosting its charter market, Spain has repealed two out of date rules concerning yacht charter and the dispatch and clearance of yachts, and also introduced a simplified charter license. Read More

Bullying, Harassment and Discrimination Management on Superyachts

Posted: 21st Jul 2023

Written by: Nick Humphreys

When ISWAN published its Spotlight on Q1 2023, perhaps most worryingly, it showed there had been a substantial quarter by quarter increase in cases of abuse, bullying, harassment or discrimination (cases being up by almost 50 per cent) on ships. Read More

Superyacht Sales: Procuring Cause and Protection From Intentional Exclusion

Posted: 5th Jul 2023

Written by: Nicholas J. Zeher

While being a broker on a superyacht sale can be quite rewarding, yacht brokers need to know how to protect themselves and understand what is required from them to be legally entitled to commission from a sale. Read More

VAT Paid Status: Golden Ticket or Hidden Trip Wire?

Posted: 31st May 2023

Written by: Dom Bulfin

When we talk about most yachting activities in and around the EU, the subject of tax (in particular VAT) is never far down the agenda. But what VAT is payable on the value of a yacht’s hull and when does it need to be paid? Read More

The Importance of an Open Door Policy to Keep Crew Safe & Healthy

Posted: 8th May 2023

Written by: Nicholas J. Zeher

There are times when being stuck on a yacht can be an absolute nightmare, leaving a crew member with no one to speak to and nowhere to go. Things can get even worse for both male and female crew members if someone’s advances are unwanted. Read More

Mitigating Against the Risks of Fire On Board

Posted: 3rd Apr 2023

Written by: Sarah Allan

While it is with some relief that the spate of fires over the last 18 months have not resulted in any serious injury or loss of life, fire damage and the resulting loss is usually devastating, leaving owners, crew and stakeholders in considerable shock. Read More

The Rise of the Sea-EO: The Changing Role of Yacht Captains

Posted: 29th Mar 2023

Written by: Dom Bulfin

In recent times there has been an unavoidable shift for captains from ‘simply’ being the master of the vessel to effectively acting as CEO of a small to medium size enterprise. Read More

What Insurance Policy is Right for Your Yacht?

Posted: 27th Feb 2023

Written by: Nicholas J. Zeher, Esq. and Rod Dorilas

Incidental risks associated with owning and operating a vessel could be unforeseeable, costing you a fortune after an unfortunate event. Yacht insurance is a critical asset protection tool that mitigates an owner’s unexpected financial liability. Read More

Referrals and Kickbacks: are they both Legal and Ethical?

Posted: 7th Nov 2022

Written by: Nicholas J. Zeher, Esq. and Christina Caristo

When it comes to money and payments surrounding yachts and yacht transactions, a grey area is always present about who can and who cannot receive certain funds, both legally and ethically. The funds referred to here are referral fees and kickbacks. Read More

How HNWIs Use Margin Loans to Borrow Money

Posted: 23rd Sep 2022

Written by: Paul Welch

Margin loans are an effective way for high-net-worth individuals to borrow low cost, short term money. Despite their benefits, awareness of margin loans is relatively low, with many potential borrowers missing out on the opportunity to secure finance. Read More

Modern Financial Accounting for Owners of Multiple Assets

Posted: 20th Jul 2022

Written by: Richard Hagan

Discover how Voly solves the financial management needs across a range of assets, including private aircraft and large estates, and why you should consider it for your own asset accounting. Read More

Streamlining Financial Management for Superyacht Captains

Posted: 13th Jul 2022

Written by: Richard Hagan

Superyacht captains are no longer responsible only for the safety of the vessel and all souls on board, but increasingly also for the finances aboard a yacht, that can match a medium sized business. Read More

Yacht Transport Issues in a Post Lockdown Economy

Posted: 1st Jul 2022

Written by: Hannah M. McFarland, Esq.

Recently we've seen shipping delays in the yacht transport industry lead to many issues. How can you, as a professional in the industry or an owner seeking timely transport of your vessel, avoid unhappy customers and delays? Read More

Voly’s APA Management is Free for a Limited Time

Posted: 27th May 2022

Written by: Richard Hagan

As the 2022 charter season kicks off, Voly has announced that it is offering the yachting industry six months of free access to Voly’s APA (Advanced Provisioning Allowance) for charters. Read More

The 7 Ps of Passage Planning in 2022

Posted: 16th May 2022

Written by: Dom Bulfin

Any seafarer worth their salt knows that passage planning is essential whether you’re cruising along the coast for a weekend away or exploring the Antarctic in a 100m+ expedition vessel, so why are we talking about it today? Read More

US Sanctions on Russian Oligarchs: What they mean for yachting

Posted: 29th Apr 2022

Written by: Nick Zeher and Robert N. Allen Jr.

As the war in Ukraine rages on, we have all read or heard about, either in the press or in conversation with others in the yacht industry, Russian sanctions. Few know exactly how the sanctions apply though, and what the end result will be for the yachting industry. Read More

Foreign Exchange: How Much Could Your Superyacht Save with Voly?

Posted: 26th Apr 2022

Written by: Voly

If your superyacht is paying too much in foreign exchange fees, here’s how Voly can help thanks to fees that are significantly cheaper than Britain’s business banks. Read More

Voly Founder Ian Flanagan: Tennis Ace Turned Fintech Guru for Yachts

Posted: 23rd Mar 2022

Written by: Richard Hagan

In the high flying, jet setting superyacht industry, vast amounts of money change hands on a daily basis. The UK’s Voly Group has introduced a revolutionary new software solution to help yacht owners, managers and captains manage their yacht’s expenses on a daily basis. Read More

Broker Recommendations for Yacht Transactions: How to Protect Yourself

Posted: 3rd Feb 2022

Written by: Nicholas J. Zeher

Over the past couple years there has been an increase in first time yacht buyers, meaning inexperienced buyers will be looking to their broker for guidance in purchasing a yacht. As a broker, you play an integral role in either the purchase or sale of a yacht. Read More

Crew Management: Behind the Scenes with Sarnia Yachts

Posted: 2nd Feb 2022

Written by: Rachel Ingram

Led by Louise Holloway, Sarnia Yachts’ crew management department is one of the company's three core pillars – comprising Ownership, Management and Crew – and has been one of the busiest areas of the 50-year business during the Covid-19 pandemic. Read More

Cross-Border Yacht Transactions: Remote Online Notarization

Posted: 6th Dec 2021

Written by: Adrian Karborani

While a global economy increasingly connected by the internet has led to a gradual increase in cross-border yacht transactions, there has been less than comparable development in the use of digital closings in the yacht space. The primary reasons for this are two-fold. Read More

How to Charter a Yacht with Crypto

Posted: 6th Dec 2021

Written by: OnboardOnline

Denison was the first yacht brokerage firm to accept bitcoin as a form of payment and the first company with the ability to accept cryptocurrency payments without a limit. Today it has completed more than five bitcoin transactions for yacht sales and yacht charter. Read More

Azul Marine: Presenting Fractional Yacht Ownership at Caribbean Charter Yacht Show

Posted: 4th Oct 2021

Written by: Karen Hockney

As Azul Marine joins forces with IGY by sponsoring the upcoming Caribbean Charter Yacht Show in St. Thomas, it is looking forward to unveiling a new value proposition for its clients while also becoming part of an exciting new charter event. Read More

Speaking with Breaking The Mould Accounting at Cannes Yachting Festival 2021

Posted: 19th Sep 2021

Written by: Rebecca Whitlocke

The Cannes Yachting Festival returned in style last week allowing yachting professionals to catch up in person after 18 month of cancellations. During the event we spoke with Alasdair Milroy, founder of Breaking the Mould Accounting, about the value of attending and the trends impacting his business. Read More

Vessel Warranties - The Importance of Compliance with the Terms

Posted: 18th Sep 2021

Written by: Nick Zeher, Robert Allen Law

For a new yacht owner, warranties are a saving grace as in the first year or two it's possible things are going to break. However, complying with the terms of a warranty is vital to avoid denial of a claim and additional expenses down the line.   Read More

Boarding your Yacht? Please Mind the Technological Gap

Posted: 9th Aug 2021

Written by: Dom Bulfin

For decades now, superyachts have represented the pinnacle of wealth, pushing the boundaries of functional beauty and elegant luxury. But as yachts get bigger, and their interiors ever more opulent, it is surprising how many advances from the technological world have been left behind over the years.
Read More

Wire Transfer Fraud: Check Twice, Send Once

Posted: 28th Jun 2021

Written by: Nicholas J. Zeher

The peaceful pastime of carefree yachting has now become a target for hackers and fraudulent behaviour, and as yachts are getting bigger and bigger, the need for additional security measures is growing too. Read More


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