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...
Onboard Online has chatted to Louise Holloway, Director of Yacht Management Services, for their latest article: Crew Management: Behind the Scenes with Sarnia Yachts. “Let our crew take care of yours” is the motto of Sarnia Yachts’ Crew Management department. Led by...
Having been with Sarnia Yachts for 15 years, 2021 was certainly one of the most memorable for a number of reasons, not least because of Covid. The year started with lockdowns and the cancellation of boat shows but there was light at the end of the tunnel with the...
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...