Yacht Operational Management

 

 

Yacht Operational Management

In ABM YACHT SUPPORT we design custom solutions, tailor-made for each client, thanks to the extensive market knowledge of our team. 

We work closely with owners, their captains and crew to make sure the yacht operates at its full potential at all times.

Our YOM are made of a group of skilled professionals with experience in all aspects of yacht operations. With yacht construction projects, refits, charters and sea miles to their credit, the ABM YACHT SUPPORT team fully understands and successfully meets the requirements of modern yachting.

 

 

OPERATIONAL MANAGEMENT OVERVIEW

  • Financial management & budget forecasting
  • ISM/ISPS and mini-ISM compliance
  • Crew management
  • Class & flag compliance
  • Insurance
  • Technical management
  • Operational management
  • Quality assurance & crew training
  • New construction project management, refits & conversions

FINANCIAL MANAGEMENT OVERVIEW

As soon as a yacht subscribes to financial management, we undertake to:

  • Prepare and implement operational budgets and review annually
  • Establish, maintain and monitor yacht accounts, monthly and annually
  • Prepare monthly accounts for presentation to the owner / owner’s representative
  • Prepare and present financial audits detailing actual expenditure against budgeted expenditure
  • Coordinate the acquisition of funds
  • Organise and monitor payment of all creditors and suppliers, crew payroll and expenses – on time and within budget
  • Maintain arrangements with tax authorities to obtain VAT-free purchases where possible, and maintain VAT records
  • Provide introductions to reliable and reputable suppliers to ensure the most competitive prices and quotes
  • Arrange competitive quotations for insurance cover, liaise with brokers and underwriters and administer renewals and claims

 SAFETY MANAGEMENT SYSTEM OVERVIEW

  • Onboard tailoring and implementation of the SMS or mini-ISM
  • Organisation of a Ship Security Assessment (SSA)
  • Preparation, implementation & maintenance of a Ship Security Plan (SSP)
  • Provision of 24hr DPA & CSO services
  • Internal audits to fit with the yacht's schedule
  • Co-ordination with flag and class for surveys and audits

Yacht Operational Management

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