News & Insights

Potential tax liability for Italian new build yachts

Potential tax liability for Italian new build yachts

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...

Sarnia Yachts acquisition by Praxis completes

Sarnia Yachts acquisition by Praxis completes

 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 acquisition by Praxis completes

 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...

Not all food hygiene courses are created the same!

It's often said that the food served can make or break the charter. Undoubtedly this can put a lot of pressure on a yacht’s chef and supporting galley staff to perform at their best and provide guests with an experience they will never forget. Of course, this isn't...

Lithium-Ion batteries: A GREEN solution or a RED problem?

Recently the superyacht industry, like other branches of the shipping industry, has been beset by a spate of fires where the main cause is believed to be due to the presence and malfunction of Lithium-Ion batteries. Hans Bouman, Head of Yacht Management at Sarnia...

Crew Quarantine – What We’ve Learned

The COVID-19 pandemic has had an unprecedented impact on every aspect of the global economy, and particularly the yachting industry which is heavily reliant on the crew employed and air travel to get them to where they need to be. Restrictions around the world are now...

Keeping Crew Safe and Alert: Latest Crew Rest Regulations from Cayman

The Cayman Islands Shipping Registry published a Guidance Note this month regarding Seafarer’s Rest and Fitness for Duty. This Guidance Note reiterates the compulsory hours of work and rest as noted in the STCW code. These are generally achievable on larger yachts...

Sarnia Yachts Portal

We are very excited to introduce our new Portal, created to help our clients manage their yachts more effectively. The Sarnia Yachts Portal is an in-house software solution providing a simple, user-friendly platform which enables Captains, Owners and Owner’s...

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