Introduction Yacht building contracts (as any other shipbuilding contracts) are complex transactions devised for the construction of a floating vessel (be it an oil tanker, a cargo ship, a yacht, or a superyacht) in a complex contractual framework. In the industry, they rather use standard form contracts which will be amended at will by the parties. In those templates will be negotiated individual agreements. Shipyards will produce sometimes their own contracts just to reflect their … [Read more...]
Tips and Practical Things
Tips and practical things in the yachting and yacht brokerage world.
Regulations, Classification and Certificates
Boat builders from everywhere have to respect certain building and security standards. They must get a handle on all the different boat building standards, rules and regulations that were ever produced. Most countries subscribe to some published set of guidelines, codes or laws that a boat builder must follow in order to sell a boat in that country. Fortunately, there is parity between many of the different international regulatory bodies that create these standards, so in most cases there are … [Read more...]
The Successful Turkish Broker
This blog is dedicated to yacht owners, actual or future ones, and sea lovers in general. If yacht brokers are part of this, it's a pure coincidence. As a future yacht owner, I think that you can skip working with a broker, especially if you buy a new yacht. I have recently read an article of the "requirements" to be a yacht broker, in case you want to be one if you love yachts, can't afford to buy one and want to work in the marine industry. It wasn't very relevant, because it was superficially … [Read more...]
The Power of Research
Wikipedia has inspired me with a new post when in making a list search, comparing it with yachtworld. Not that I hundred percent trust Wikipedia, but at least, it seems that some things are more thoroughly done than others, and in this case they were more reliable. I was looking again for a list of manufacturers, to have it handy when I make a review, and I found a list of boat types, which I'm going to adapt and make a complex post here, one that I want to be of reference, like a real … [Read more...]
Basic Yacht Formalities in Turkey
When a foreign yacht arrives in Turkey, better said, in a Turkish Marina, the owner or the captain should obtain a transit log and complete the check-in formalities. The transit log can be purchased at any Marina’s reception. The check-in formalities can be done by the owner, the captain or by a professional agent, meaning that he must be accredited somehow by an authority. In Turkey everybody tends to act like an agent, because they have the trade in their blood. [source] In the … [Read more...]
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