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It is a little known fact that the yachting industry lacks the normal industry level of buzzwords associated with a business of comparable size. Or to put it another way it lacks the proprietary vernacular vocabulary. Without such management jargon yachting is doomed to remain a cottage industry, and, is possibly even further doomed to [...]
One of the most common problems facing the crew industry today is the problem with crew turnover amongst vessels. There is no obvious magic solution to this issue, nor many proposed solutions despite occupying a place high on the agenda of many. In fact even the Dockwalk recently published an article that would seem to [...]
Undoubtedly, corruption is a very strong word. It is usually associated with politicians, senior business figures or third world governments. Most often when we hear of corruption it involves sordid meetings, sexy women, Swiss bankers and big numbers. But make no mistake, there is nothing romantic or glamorous about corruption. If you ‘sell out’ you [...]
Saving money is not a concept commonly associated with the yachting business. The money spent on yachts after their purchase is significant. it is a widely held view that yachts operate like small businesses, captains are sometimes even referred to as CEOs of individual businesses. Yet, when procuring the goods and services that are needed [...]
I am never really sure how to talk to people about the environment. If you are surrounded by green types who cycle to work and sit cross legged, it is easy to feel that you are not doing enough to protect the world from man’s abuse of it. With a simple sideways glance they can [...]
Nobody needs a yacht. Outside our world, in the great scheme of things yachts serve no purpose. They are the essence of indulgence, the reward for success and the object of desire. One could say the same for choccolate, champage or jewellery. The difference between any of the other luxury items and yachts, is that [...]
The season is now underway in the Med. Rum has given way to wine, ribs to Moules and cool to culture.
Most crew members hired for the season in the Med were looking for Euros and this was a contributary factor in salary inflation increasing. What will happen when the yachts return to the US and [...]
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