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 we reach the end of another year we invited some of our Captains and Crew to share their favourite festive experiences and wondered if this year would be different? Many of you said that the festive season is a time for coming together as a crew family, especially...
When undertaking shipyard refit works, especially when considering using Inwards Processing Relief to zero rate VAT on works,(often referred to as TPA), owners should take care. The popularity of the TPA process for shipyard works has increased year on year however,...
Emily Morris has joined the Yacht Management department within the Sarnia Yachts UK team based in Southampton. Her primary focus will be Yacht Registration and yacht certification/document compliance. Emily’s career includes ten years at the Cayman Island Shipping...
Even though the current regulations surrounding Temporary Admission (often referred to as Temporary Importation or "TI") have been in place since 2001, we still receive calls on a regular basis asking how long a yacht can remain in the European Union while operating...
With many yachts spending time in a shipyard over the winter period, even if for routine maintenance, insurance is one element that is often overlooked when selecting a yard. Some yards have limited insurance cover and some have nothing at all. Making sure that you...
An increasing demand for expense management and financial reporting from many of our superyacht owners has resulted in the recruitment of Sophie Martin who joins our growing UK Yacht Management team in Southampton. Tim Joyce, Sarnia Yachts Group CEO commented “Sophie...
Yacht Accounting is becoming an ever more complex element of Sarnia Yachts’ range of services offered to its clients and Owners. Gone are the days when yacht accounting consisted of simply paying yacht expenses for an Owner. Yacht Owners, Owner’s representatives and...