23.07.2019 Views

ONBOARD Magazine summer 2019

Each issue of ONBOARD Magazine is packed with entertaining and informative features – from technical and educational to lighthearted and lifestyle. All specifically aimed at the yachting professionals with buying power. Our renowned team of journalists and in-house editors deliver regular news items, interviews, reviews and features on essential products and services for every superyacht professional, whether at work or when having fun. The summer 2019 edition is out now and includes features on Electric Tenders, VSAT, Registration, Marinas in the eastern Mediterranean, Interior linens and fabrics, RIBs and what to do when you have expensive artwork on board. Plus, don’t forget to review our 2019 Tenders & Toys supplement. This annual publications includes all you need to know about the latest and great toys, ATVs, Jet Boards, a look at support vessels, gyms and exercise areas on board yachts and our industry leading A-Z tender listing with over 130 vessels.

Each issue of ONBOARD Magazine is packed with entertaining and informative features – from technical and educational to lighthearted and lifestyle. All specifically aimed at the yachting professionals with buying power. Our renowned team of journalists and in-house editors deliver regular news items, interviews, reviews and features on essential products and services for every superyacht professional, whether at work or when having fun. The summer 2019 edition is out now and includes features on Electric Tenders, VSAT, Registration, Marinas in the eastern Mediterranean, Interior linens and fabrics, RIBs and what to do when you have expensive artwork on board. Plus, don’t forget to review our 2019 Tenders & Toys supplement. This annual publications includes all you need to know about the latest and great toys, ATVs, Jet Boards, a look at support vessels, gyms and exercise areas on board yachts and our industry leading A-Z tender listing with over 130 vessels.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Ask the experts<br />

Advice and knowledge from the leading experts in their fields<br />

JOHN LEONIDA<br />

Partner<br />

Clyde & Co<br />

ALEXANDER MCDIARMID<br />

Alexander<br />

McDiarmidPDesign<br />

JODY JAMES<br />

Director<br />

I-Cap Marine Ltd<br />

PETER BROOKE<br />

Partner<br />

The Spectrum IFA Group<br />

CAN I FLY A DRONE OVER<br />

NEARBY SUPERYACHTS OR<br />

IN A MARINA?<br />

CAN YACHTING EASILY<br />

REDUCE ITS CARBON<br />

FOOTPRINT?<br />

WHAT’S THE MOST<br />

IMPORTANT PART OF YACHT<br />

MANAGEMENT?<br />

WHAT SHOULD JUNIOR<br />

CREW DO WITH THEIR<br />

SALARIES?<br />

The location of the<br />

superyacht (international<br />

waters or territorial<br />

waters) as well as the flag<br />

of the yacht determines<br />

the laws and regulations<br />

a drone operator should<br />

comply with. Within<br />

the EU, it is governed<br />

by the national aviation<br />

authorities of each<br />

member state unless you<br />

have permission from the<br />

relevant authorities. The<br />

law prohibits flying smallunmanned<br />

surveillance<br />

aircraft (i.e. a drone fitted<br />

with a camera) within 50<br />

metres of any vehicle,<br />

structure or person not<br />

under the control of the<br />

person in charge of the<br />

aircraft. If your superyacht<br />

is flagged under the<br />

British Red Ensign, you<br />

may fly a drone to capture<br />

photos and video footage<br />

over your own yacht and<br />

the surrounding area as<br />

long as you comply with<br />

the afore mentioned<br />

restrictions. In the<br />

territorial waters of<br />

other jurisdictions, local<br />

laws must be followed.<br />

Proven hybrid electric<br />

power is certainly the<br />

immediate way forward<br />

for superyachts and the<br />

clean fuel alternatives<br />

being investigated by<br />

various superyacht<br />

shipyards is a positive<br />

step. The Norwegians<br />

have introduced tough<br />

environmental legislation<br />

and are driving towards<br />

electric hybrid and batterypowered<br />

vessels, with<br />

several innovative new<br />

build projects aiming for<br />

zero emissions by 2030.<br />

The various small boat<br />

OEMs starting to produce<br />

100% electric solutions<br />

are a positive step for a<br />

cleaner marine environment<br />

too. Yet to power an<br />

80m yacht by battery<br />

alone is still many, many<br />

years away. You cannot<br />

hurry chemistry and the<br />

chemical process needed<br />

for battery manufacture<br />

on the scale and output<br />

required to power and run<br />

all systems onboard by<br />

current battery/lithium-ion<br />

energy storage systems. A<br />

superyacht is required to<br />

do so much more than just<br />

ferry her owner and VIPs.<br />

As we all know, effective<br />

communication is always<br />

of great benefit. Whilst<br />

at sea, however, it’s also<br />

of paramount importance.<br />

Whether it’s the Captain,<br />

the Crew or the Support<br />

Services Partners ashore,<br />

the smooth, efficient and<br />

indeed safe running of a<br />

boat at sea involves the<br />

co-operation of many<br />

key stakeholders, each<br />

of whom have their own<br />

important and unique<br />

part to play. Effective<br />

communication is always<br />

a two-way cycle with its<br />

delivery and understanding<br />

being critical to its<br />

success, regardless of<br />

whether it’s face-toface,<br />

by telephone or<br />

via online messaging.<br />

Pivotal in this effective<br />

communications cycle is<br />

the Yacht Management<br />

Services Provider who, fully<br />

understanding the roles<br />

and responsibilities of the<br />

different stakeholders,<br />

can effectively liaise with<br />

and bring together all the<br />

parties, thus ensuring the<br />

provision of clear and rapid<br />

information, actions and<br />

solutions.<br />

First and foremost,<br />

pay off any existing debts.<br />

These cost a ridiculous<br />

amount in interest. Then<br />

build an Emergency Pot.<br />

At least three months’<br />

salary available at all times<br />

in case you find yourself<br />

looking for a job. Thirdly,<br />

save for education in order<br />

to progress your career,<br />

consider the costs of<br />

education. Plan for the<br />

next course and how much<br />

it will cost (including travel<br />

and accommodation), divide<br />

this by the number of<br />

months before the course,<br />

and save every month.<br />

Fourth is the longer term<br />

‘Exit Pot’. What might<br />

you do when you leave<br />

yachting? A land based job,<br />

start your own business,<br />

retire? Save at least 25%<br />

of your remaining income<br />

every month. Penultimately,<br />

what about a ‘Property<br />

Pot’ If you want to invest<br />

in property, then start<br />

planning early. Last but not<br />

least the very necessary<br />

‘Fun Pot’. Set an amount<br />

each month for having fun<br />

and travelling. Saying no<br />

to another night out is the<br />

hardest part!<br />

<strong>ONBOARD</strong> | SUMMER <strong>2019</strong> | 147

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!