Read more from Ocean Independence yacht management.
Willis
2026-09-04 11:38
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Read more from Ocean Independence yacht management sales consultants advice.
Most survey reports open with a general description of the vessel and the conditions under which the survey was carried out, worth checking simply to confirm the surveyor inspected the vessel in a seaworthy state, out of the water, with systems operating where possible. The bulk of the report then covers the hull, structure, machinery, systems and safety equipment in turn, each section typically graded or flagged by severity.
A useful exercise is to total the expected annual weeks on board over a three to five year horizon and compare that honestly against the fixed and variable costs of ownership over the same period, set beside the cost of chartering the equivalent weeks. For many prospective clients, that comparison points clearly one way or the other. For others it stays close, and the decision comes down to how much value they place on having a fixed vessel of their own.
A first charter often starts with a guest's idea of a destination, and a consultant's job is to test that idea against the realities of season, vessel and group before an itinerary is set. That conversation, done properly, takes longer than picking a boat off a page.
Ask about usage. How many hours has the vessel run per year on average, has it been used privately, commercially, or both, and has it operated under charter at any point. Charter use is not necessarily a negative, since professionally run charter yachts are often maintained to a high standard, but it changes the wear pattern compared with private use alone, and a buyer benefits from knowing which applies.
Sea trial follows, and depends on suitable weather and both parties' availability, plus the vessel being in a condition to trial safely, which sometimes means addressing an issue the survey raised first. A consultant managing the process well will build contingency into the schedule here rather than assuming the first available slot will hold.
Most survey reports open with a general description of the vessel and the conditions under which the survey was carried out, worth checking simply to confirm the surveyor inspected the vessel in a seaworthy state, out of the water, with systems operating where possible. The bulk of the report then covers the hull, structure, machinery, systems and safety equipment in turn, each section typically graded or flagged by severity.
A useful exercise is to total the expected annual weeks on board over a three to five year horizon and compare that honestly against the fixed and variable costs of ownership over the same period, set beside the cost of chartering the equivalent weeks. For many prospective clients, that comparison points clearly one way or the other. For others it stays close, and the decision comes down to how much value they place on having a fixed vessel of their own.
A first charter often starts with a guest's idea of a destination, and a consultant's job is to test that idea against the realities of season, vessel and group before an itinerary is set. That conversation, done properly, takes longer than picking a boat off a page.
Ask about usage. How many hours has the vessel run per year on average, has it been used privately, commercially, or both, and has it operated under charter at any point. Charter use is not necessarily a negative, since professionally run charter yachts are often maintained to a high standard, but it changes the wear pattern compared with private use alone, and a buyer benefits from knowing which applies.
Sea trial follows, and depends on suitable weather and both parties' availability, plus the vessel being in a condition to trial safely, which sometimes means addressing an issue the survey raised first. A consultant managing the process well will build contingency into the schedule here rather than assuming the first available slot will hold.
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