Module 1

An Introduction to the Superyacht Industry

  • Historical development over the last fifty years
  • Different types and styles of yacht
  • The industry today - designers, builders, crews, managers
  • The Owners and their requirements
  • The role of the yacht manager
  • Future Trends

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Module 2

Personnel

  • Crew structures and sizes
  • The role of the Captain
  • Crew character and qualification requirements including STCW
  • Recruitment, training and retention
  • Career progression
  • Contracts of employment, terms and conditions, ships articles
  • MCA and qualification requirements

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Module 3

Operational Management

  • Why do we need management systems? Their role and function
  • Standing orders and owners instrcuctions - letter of authority, H&S policy, EP policy, D&A policy, Security policy, Financial policy
  • Safety management and the ISM code
  • Security - the Port Security Regulations (ISPS)
  • Risk assessment - what it is and how we do it
  • Documentation and record keeping - SOPEP, oil record book, garbage record, accident book, log book, official log book, management records
  • Diving, toys and charter guests

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Module 4

Interior Management and Catering 

  • Hotel management
  • Interior housekeeping
  • Stewardess training
  • Guest services
  • Relations with Owner and guests
  • Catering, food and beverages
  • Stock control and rotation
  • Inventory control
  • Operations and procedures
  • Health and Safety

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Module 5

Accounting

  • Finanical Policy
  • Bookkeeping
  • Accounting, Budgeting and costing
  • Cash management
  • Internal controls
  • Charter accounting
  • Auditing, Value Added Tax (VAT)
  • Corporate ownership
  • Anti money laundering

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Module 6

Chartering

  • The charter broker network
  • Forms of charter agreement
  • The chartering seasons and the chartering shows
  • Commercial chartering or chartering to defray cost
  • Customer relations and fixing a charter
  • The charter free, what it covers and what it excludes
  • Crew performance
  • Management of charter guests
  • Charter problems and their resolution

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Module 7

Repair and Maintenance

  • General management of repairs
  • Scheduled repair periods and the defect list
  • Yard tenders and tender evaluation
  • The MCA Code and the ISM Code and their influence on maintenance
  • Classification and certification
  • Paint maintenance and paint system repairs

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Module 8

Legal Aspects of Superyacht Management

  • International law and how it works - United Nations, IMO and Flag State
  • English law and the English legal system
  • The Americal legal system and the essential difference to English law
  • The law of contract - general, charter, new building, employment
  • The law of tort - professional negligence
  • The law as it relates to Superyachts - UK flag, H&S, private pleasure v commercial, load line, SOLAS, STCW, MARPOL, Tonnage, ISM and ISPS
  • The law of marine insurance

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Module 9

Superyacht Insurance

  • Different types of cover - hull and machinery, protection and indemnity, crew medical, crew personal effects, loss of charter hire etc. 
  • The different insurance markets available, policy wordings ane meanings. The advantages and disadvantages of different wordings and types of cover 
  • The roles of the insurance broker (producing and placing). the lead underwriter, following underwriters, the underwriting agent, the claims, manager, the loss adjuster and the recovery agent 
  • Managing a superyacht insurance

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Module 10

New Building Project Management

  • Planning a new build
  • Provisional specifications
  • Tendering and tender evaluation
  • New building contract
  • Plan approval
  • Site representation
  • Trial and acceptance

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Module 11

Security and ISPS

  • Principle of yacht security
  • The ISPS Code and how it affects Superyachts
  • Security personnel and duties
  • Searching and search procedures
  • Security Systems
  • Owners and guest security ashore
  • Superyacht crews
  • Piracy and armed robbery 

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Module 12

The International Safety Management Code 

  • Interpretation and enforcement of the ISM Code
  • Initial assessment, action plans for creating and implementing a SMS
  • Operation of the SMS ashore
  • Operation of the SMS on board
  • ISM training of personnel
  • Internal assessment and presentation certification
  • Continuous compliance assessment
  • Internal assessment audits of a Safety Management System

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