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Yacht Management

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Keep your investment sound and your yachting life fun

Boats have varying degrees of complexity, according to their size and equipment installed, but it is important that all are professionally serviced and maintained to get the best performance and preserve their value. Simpson Marine can assist in your yacht’s ongoing maintenance and management. Keep your investment sound with Simpson’s post-delivery check-ups and maintenance and our caretaker service, so your yacht is ready to go the minute your arrive for a yachting holiday. We will take care of everything so you can concentrate on enjoying your yacht.

Simpson Marine’s specialist one-stop-shop yacht management service looks after every aspect of yacht operations, providing expert advice to owners and captains, controlling costs and minimising risks, leaving owners free to enjoy their yachts without worry. We provide a tailored management service to suit each owner and their yacht, using our expert knowledge to deliver world-class results.

Why use a yacht management service?

We understand and respect that your yacht is both your passion and also a valuable asset and choosing the right management company to work with is a big decision. Proper yacht management takes all the hard work out of yacht ownership and will allow you to relax and enjoy your yacht secure in the knowledge that your yacht is in good hands. When you choose to use Simpson Marine’s Yacht Management service you enter into a partnership that will help you get the most out of your yacht and maximise your investment to ensure a high resale return should you choose to sell.

 

 

Specialist local knowledge

With headquarters in Hong Kong Simpson Yacht Management is unique in having representation in all major cruising areas of Asia with a wealth of specialists. Our management team has extensive experience looking after yachts of all sizes, including a large number of superyachts. No other yacht management team in Asia has such extensive local knowledge, expertise and networks. Asian policies and regulations differ greatly from the EU, and our local knowledge and wide network of contacts make all the difference. Our longstanding relationships with the local supply chain ensure fast and affordable access to the best service providers available.

Tailored service

Every yacht and owner is different and we pride ourselves in providing a fully custom management service that is tailored to the individual yacht. We will assess your needs and provide a bespoke service that ensures you get the most out of our management service. We specialise in yachts of all types and sizes and have the right expertise and knowledge to match your yacht.

We offer a range of management services, all tailored to the individual yacht. These include:

1. Accounting / Cost control

Assistance with a range of accounting services, including budget creation, invoice checking, salary payment, funds management, monthly account checks, financial reports and expense payments. We partner with the captain and crew to help secure the best pricing and keep within the planned budget.

2. Crew management

Crew are an incredibly important part of the overall yachting experience, and we ensure the crew management process is seamless. Services include crew placement, crew contracts, payroll assistance, management of crew certification, HR and administration and more.

3. Local registration & regulatory compliance

Providing local registration support, including registration for charter yachts, we ensure that your yacht is compliant with all regulations according to local laws. Our knowledge on the requirements of all different cruising grounds means can advise on all necessary processes with confidence.

4. Technical support

Our technical team is industry-leading and can offer fast solutions to any technical challenge. With a comprehensive knowledge of yachts of all types we will tailor a solution to your exact yacht. Services include arranging yard visits and class surveys, advising on work programmes, creating maintenance schedules, assisting crew during refit/ maintenance periods, supplying of parts, accident support and more. Proper planning and preventative maintenance schedules ensure lower long term costs, saving you money.

5. Insurance

We can advise on and provide insurance cover, including policies for both the crew and yacht. This will include advice on all regulatory changes affecting insurance, support in cruising grounds, and 24/7 emergency contact should something go wrong.

6. Operations & logistics

Our team will work with your captain and crew on day to day logistics and operations, assisting with everything from arranging provisions, providing parts quotes, general administration, to simply making life easy for the crew, leaving them to look after you and your yacht.

7. Crisis support

Safety is a priority for it is a requirement of ISM to have documented procedures and checklists in place for use in an emergency. In addition, we produce an Emergency Procedures Booklet which is kept on the Bridge as a quick reference guide. In the unlikely event of a serious Emergency e.g. Fire, Flood, Collision, Technical, Medical etc.

8. Safety management

Safety is a priority for all yachts and we work with our owners to ensure their yachts meet, and exceed, the required safety standards. This includes compliance with the ISM Code for yachts of a certain size, certifications, the implementation of safety procedures, and advising on best practices.

9. Charter yacht management

Running a charter yacht comes with many extra requirements when compared to a private yacht. Our specialist charter team can assist with all aspects of charter management, ensuring smooth operations for guests, maintenance of your yacht so it is always in impeccable condition, and hands-on help for running of a profitable and seamless charter operation. We also assist with the marketing and promotion of your yacht, ensuring it is always in front of your target charter client and achieving maximum revenue.

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We are confident that no other management company in Asia can offer a better or more thorough service. With a comprehensive service and friendly and professional team, we aim to build long term relationships with all our customers throughout their yachting journeys.

 

Years of experience in Asia

With 35 years in Asia, there is no company better qualified to assist you and provide on the ground knowledge. We have more than 100 staff, 12 offices and 10 service points across seven counties in Asia, and a reputation for excellence.

 

Extensive Superyacht Expertise

Our team of experts, which includes technical experts, engineers, captains, and specialists in their field, is always on hand to offer your tailored advice and comprehensive management services. We live and breathe the world or luxury yachts and there is no challenge too big for us.

 

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24 Hour Emergency Support

If something goes wrong, our team provides 24-hour emergency support, no matter where you are or what the time of day. Relax and know that if you need us we are there.

 

Enjoy the yachting lifestyle without worry

With everything taken care of by our management team you can enjoy your yacht, making the most of life on the water and creating unforgettable memories. Owning a yacht should be an incredible experience and we will go above and beyond to maximise your ownership experience.

 

Head Office: Unit 6, G/F, Aberdeen Marina Tower 8 Shum Wan Road Aberdeen, Hong Kong
Tel: +852 2555 8377 | Fax: +852 2873 4014 | email: info@simpsonmarine.com

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Simpson Marine Yacht Sales
Aberdeen Marina Club Wong Chuk Hang Hong Kong