Modifications that don’t account for regulations can be disastrous on budget, time, future use and resale value.
Several states have tax exemptions, discounts or caps on yacht repairs and refits.
Among other changes this year, seafarers are to be designated “key workers,” which means priority for vaccinations and exemption from repeatedly having to prove vaccination status when crossing multiple borders.
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Pollution, Covid and more frequent stops were among the top concerns among captains and crew in attendance.
Ongoing concerns with hours of work and rest, cyber security and more keep the yachting industry wondering how to best comply. Captains and crew had a chance to get answers from Cayman Islands and Marshall Islands registries experts at “Ask the Flag,” a roundtable discussion sponsored by the U.S. Superyacht Association.
Delays, cancellations, restrictions, closures, quarantines, and last-minute changes have become the norm in the past 18 months. For crew, the fallout has been immense.
On almost a daily basis, new rules are implemented or existing rules are modified with little to no notice, creating chaos for crew and endless problems for itinerary planning, owner’s use, and charters.
When guests return tired from shore excursions, don’t be Cinderella just waiting on them. Be the Fairy Godmother with your magic wand, and delight them with joyous fizz!