Watermark Yacht Consulting Cont
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 Watermark Yacht Consulting sdf

Unique Solutions

Mega-yachts and Super-yachts are unique properties.  Managing them requires unique sensibilities, unique capabilities and broad areas of deep expertise.  It is here where Watermark excels.  And it is here where our value truly lies.

At Watermark we hold each client and vessel as a separate, unique entity. Your needs are assessed and the best program is custom-tailored to suit.

A customized yacht management strategy could consist of any or all of the following components:

Finances

Watermark takes each yacht as a separate financial entity working closely with the captain and owner (or owner’s representative) to achieve the client’s goals.

  1. Day-to-day Accounting
  2. Monthly Funding Requests
  3. Crew Payroll
  4. Monthly Reports, Quarterly Analysis and Yearly Budgeting
  5. Management Assistance of Owning Company
  6. Banking and Captain / Crew Credit Cards
  7. Insurance and Crew Medical
  8. Purchasing - Provisioning / Supplier Accounts
  9. Client Account Management

Crew

Watermark takes personnel recruitment to the next level with “executive search”.  Through extensive and detailed background checks, employment history research and personal reference interviews, we can help an owner or captain with crucial placements.

  1. Employment Agreements,
  2. Non-Disclosure Agreements,
  3. Crew Salary Guidelines
  4. Safe-Manning Requirements for vessels of all sizes.

Logistics

Watermark benefits from both local and worldwide knowledge of yachting-specific agents, suppliers and purveyors.

  1. Fueling
  2. Shore Side Logistics
  3. Dockage/Berth Management
  4. Mailing/Postage/Couriers
  5. Ship Yard Liaison
  6. General Administration
  7. Shore Concierge
  8. Provisioning/Supplies
  9. Emergency Interventions

Technical

Working closely with vessel crew, Watermark provides certification and survey management, shipyard planning and attendance, tendering for outside contractors, ordering of parts, and assistance with troubleshooting and research.

  1. Technical and Engineering Consulting
  2. IT Support
  3. Yard Warranty/Liaison
  4. Communications Assistance
  5. Ship Yard Liaison
  6. Refit and Project Management
  7. Build Supervision
  8. Planned Maintenance Systems
  9. Class/Flag Requirements and Certification
  10. Maintenance/Survey evaluation

Safety, Environmental & Regulatory Compliance

All commercial yachts must comply with a host of safety regulations; moreover, commercial yachts over 500 GRT must comply with further regulatory statutes.  Watermark provides the expertise to achieve compliance with a pragmatic approach.

  • ISM
  • ISPS
  • Safety Code Compliance
  • Environmental
  • SOPEP (shipboard oil pollution emergency plan)