Commissioning a new yacht can be an exciting time however before signing up to their dream build, prospective owners should step back and consider how best to contract with the shipyard. Security for an owner is critical during the construction of a new yacht, as...
Global private wealth and corporate services provider Praxis has completed the acquisition of Sarnia Yachts. The deal, which was initially announced in mid-May, adds a diverse range of services, including yacht ownership, yacht management, crew management, yacht...
Commissioning a new yacht can be an exciting time however before signing up to their dream build, prospective owners should step back and consider how best to contract with the shipyard. Security for an owner is critical during the construction of a new yacht, as...
Global private wealth and corporate services provider Praxis has completed the acquisition of Sarnia Yachts. The deal, which was initially announced in mid-May, adds a diverse range of services, including yacht ownership, yacht management, crew management, yacht...
Sarnia Yachts has today announced that, subject to receiving regulatory and competition authority approval, it is being acquired by independent global private wealth and corporate services provider Praxis, in a strategic move that will expand its existing yacht...
In recent months, Sarnia Yachts have developed new technology which allows clients to run their luxury asset efficiently and effectively. This ultimately results in a smooth operation for our owners so they can get the most satisfaction from their investment. The Crew...
As the world becomes more litigious a number of shipyards have changed the way they work, facilitating subcontractors to carry out work, and it’s not always immediately obvious. Instead of a yacht owner contracting directly with the shipyard for all works, some...
EU Regulation 883/2004 states that seafarers who are either citizens or residents of the EU/EEA or Switzerland and, who are employed on board a vessel flying the Malta flag, must be insured under Malta’s Social Security system. For non-EU citizens/residents, there is...
Many US yacht owners want to cross over to Europe to enjoy one or more seasons in the cruising grounds offered within the Mediterranean. If these owners wish to charter their yachts during this period in EU waters, this is certainly possible, but a number of important...