Yacht management

• Tight and accurate budget management 
• Efficient, cost-effective crew management 
• 24/7 support to the onboard management team 
• Compliance with ever-increasing regulations and flag, class and port state requirements 
• Enhanced safety management processes on board
• Maximum economies of scale for all maintenance, repair and technical operations
• Regular updates on relevant industry developments and trends
• Reduced downtime via effective planning 
• Unique to Fraser: Reduced costs through our access to MARCAS ( a shipping association negotiating reduced rates through volume)

With expertise in the international codes and conventions for safety, security and maritime labour (ISM, ISPS & MLC), as well as the specific requirements of each Flag State, Fraser has developed the most effective Safety Management System (SMS) in the industry. 

Customised to suit the operational requirements of each vessel, the SMS is externally audited and provides for a continuous cycle of improvement. Fraser currently works with +11 Documents of Compliance (DOCs) with 21 different Flag States, and has authorisation to manage ship types including Commercial Yachts, Passenger Yachts, Research Vessels and Special Purpose Ships. Fraser can also assist with yacht registration and classification.

With decades of combined on and off board experience, the Fraser technical team works closely with your Captain, and visits the yacht frequently, to ensure the yacht remains technically optimised and continuously maintained. 

When upgrade work is required, we help with selecting and monitoring vendors, contractors and shipyards, ensuring work aligns with your budget and use of the vessel. Fraser’s operations team will conduct a periodic review of vessel upkeep, planned maintenance schedules and other issues affecting safety and vessel operation, all with full reporting.

Fraser takes a proactive approach to our relationships with the insurance providers for our yachts. 

We work closely with a number of insurance brokers and conduct regular reviews of hull and machinery and indemnity policies as well as crew health insurance.

Are you a new Owner or simply looking to upgrade your crew on your current vessel? As an Owner of a yacht in the Fraser Management fleet, you benefit from preferential rates with our recruitment arm, The Crew Network (TCN) the longest serving professional crew recruitment service in the world with +35 years of experience and +11,000 successful placements made so far.

Whether you are building  full-custom vessel or upgrading your yacht through a refit, the Fraser Project Management represents your interests with the shipyard and other suppliers throughout the process. At every step, we ensure you as the Owner remain the priority, keeping the project on spec and on budget at all times. 

Using a dedicated bank account for each yacht and working from an annual budget agreed with Captain and Owner, the Yacht Management team will handle the entire financial management of the yacht’s expenditures.

Naturally, you will receive monthly, quarterly and annual reports comparing the actual operating costs to the budget with detailed explanations as appropriate where variances have occurred. As with everything we do at Fraser, the Yacht Management team priorities integrity and an ethical approach, working with transparency in all aspects of yacht accounting.