Preparing For Superyacht Ownership - Have A Strategy In Mind

In advance of the 2014 Monaco Yacht Show, Simon Cardiff of Carey Group Marine Services explains for our clients some of the fundamentals of superyacht ownership that apply to potential new superyacht owners as well as existing owners.

Simon advises on superyacht ownership, asset management and governance.

Deciding on superyacht ownership opportunities

New and existing owners can reflect on different aspects of ownership at this time.

Potential new owners can consider the full range of options, including:

• commissioning designers, naval architects and superyacht yards to build semi-custom or custom yachts
• buying yachts on the brokerage market
• chartering different kinds of yachts for a few seasons to determine for themselves how they might want to approach ownership before acquisition