Diploma in Superyacht Management

INTRODUCTION TO THE SUPERYACHT INDUSTRY

• Introduction to the Superyacht Industry

• Defining a superyacht

• Historical development

• Where we are today

• Different parts of the industry

• An overview of superyacht management

MANAGEMENT OF SAFETY

• Applicable regulations

• SOLAS, ISM and LY2/3

• Passenger Yacht Code 13-36

• Crew function

• Managing the owner’s expectations

EMERGENCY PREPARATION AND RESPONSE

• Preparation and planning

• Communication

• Emergency organisation

• Training and drills

• Media management

OWNERSHIP STRUCTURES

• Different types of ownership structures

• Offshore jurisdictions

• Reasons for using a corporate structure

LOGISTICS OF SUPERYACHT MANAGEMENT

• The main cruising areas

• The out of season lay up areas

• Critical equipment

• Food and beverage

• Crew transport

• Guest transport

BUDGETS AND ACCOUNTING

• Financial policy

• Bookkeeping

• Accounting

• Budgeting

• Costing

• Cash management

• Internal controls

• Charter accounting and the APA

• Auditing

• VAT

MANAGEMENT OF SECURITY

• SOLAS and ISPS

• Physical security

• Close protection

• Firearms

INSURANCE

• Different types of insurance required by a

superyacht

• H&M

• P&I

• Crew medical

• The role of the insurance broker

• Importance of communication and honesty

• Actions in the event of a claim

TECHNICAL MANAGEMENT

• Machinery

• Paint

• Interior

• Tenders and toys

• Routine maintenance and refit

• Flag State and Class inspections

PERSONNEL - RECRUITMENT, INDUCTION, MOTIVATION, TRAINING AND RETENTION

• Superyacht sizes and the impact on crew

• Maritime Labour Convention

• Recruitment and career development

• Qualifications

ESSENTIAL LAW

• Introduction to English Law

• International Maritime Law

• The Flag State and the Port State

• Shipboard documentation

MANAGING FOR CHARTER

• Be prepared

• Managing guest expectations

• Safety and security

• Privacy

• Drugs, alcohol and firearms