A great crew is key for maintaining your vessel in perfect condition and to ensure she stands out on the market so that you make the most of your investment.
Thanks to our 30 years’ experience, we know crews of all nationalities. Merex Yachts places vetted candidates to build the ideal crew according to ship-owners’ situation and specific requests...
What’s more, we help the crew to improve through training and ensure an excellent working relationship with ship-owners.
« Whatever crew nationality you may require, Merex Yachts will meet your demands. »
To operate lawfully, a charter yacht must:
- Be registered commercially
- Have a permanent professional crew onboard.
- All safety equipment pertaining to her category must be onboard at all times.
- Commercial yachts must be insured for charter activities.
Choice of flag:
The choice of flag depends on the nationality and the fiscal residency of the ship-owner and also on the vessel’s primary homeport.
Each flag has its own set of rules and regulations regarding safety equipment and security that must be respected. An audit will be conducted each year by a certified marine surveyor who will also review the crew’s employment contracts, their qualifications and all the insurance policies.
All employment contracts must be submitted to the MLC for approval.
Wich regulation ?
In Europe, it is compulsory to register for VAT in the country from where the charter will leave (France, Italy).
In Spain, Greece and Croatia, a Charter License is required on top of VAT registration.
In the British Virgin Islands you must apply for a Trade License and work permits for each crew member. The BVI allows 7 charters per year from November to October. Naturally, we will gladly assist you in choosing the best flag to suit your project and will share our network of trusted and experienced partners with you.
GOOD TO KNOW
The formalities may change each year and thanks to our membership with registered associations, we make sure that we are well informed of any changes. We can also help you with your choice of flag.
We promote our yachts directly to private clients as well as to the international charter brokerage community under the name of our partner, BLUE LATITUDE YACHTING.
Chartered cruises on crewed sailing or motor yachts are organized by a network of brokers and central agents who are all members of various representative associations such as MYBA and CYBA.
What part do brokers play?
Brokers represent their clients directly. Their role is to find the best suited vessel to match their clients’ needs. They visit boat shows to:
- review the yachts;
- meet the crews;
- meet the central agents.
They have access to professional databases in which they can look up schedules, prices, photographs of the yachts, and information relating to the crews. Lastly brokers issue charter contracts, follow payments and send their clients’ preference sheets to the central agents.
What is the role of a central agent?
Central agents represent ship-owners. They promote their yachts to the international network of brokers. Principal missions include:
- meeting the brokers regularly at boat shows and at the AGMs of the trade associations;
- liaising with the brokers;
- keeping the yachts’ schedules;
- answering charter requests;
- sending itineraries;
- checking payments and preference sheets.
They have a dedicated escrow account for charter payments. The funds are transferred to the ship-owners according to the mandatory clauses in the contract in application of the MYBA Charter Agreement.
They act as guarantor on behalf on ship-owners and are in constant contact with the crews.
GOOD TO KNOW
The databases the central agents make available are a very useful service. They provide information about crews, schedules, prices, technical specifications, menus and photographs of the yachts. Brokers can use them to do their research and send information to their clients.
The yachts take part in boat shows where brokers can come to visit them, meet the crews and the central agents.
« Professional photographs and videos are essential for your vessel to stand out on the market. We can assist and advise you on this and if needed, we will be happy to supervise photo shooting sessions to guarantee your pictures show your vessel at its very best. »