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Superyachts

Structuring and Management Service

Our clients rely on the CJ&S team throughout the acquisition process (including any construction period) and often, beyond the conclusion of that acquisition. Our core aim is to make the process of becoming the owner of a high value asset such as a superyacht, an uncomplicated yet diligently led process.

Whether we start at the beginning of the search process and help source the relevant superyacht, or just source the most competitive option for financing it, we will always tailor and structure a solution and ensure this is implemented for our clients. It’s just part of our service.

We create solutions for our client's needs and objectives based on their original instructions, but it is our management of the overall process of financing and acquiring the superyacht as this unfolds, which for clients unfamiliar with this niche market can become an unwanted burden, and which conversely for the CJ&S team is our strength.

Step by Step Approach

Understanding this niche industry and using our expertise to match the specialised and sophisticated aspirations of our clients is at the core of the CJ&S business.

• Using our close relationships with yards or brokers, we are able to source the proposed type of superyacht for clients and for delivery within optimum timescales;
• Handling discussions directly with yards and brokers we aim to achieve the best deal for clients;
• Dealing directly with lenders we customise finance solutions which match clients’ objectives and budgets, including tax optimisation issues;
• Once decisions on a yard and a lender have been made, we assist clients with the overall structuring and ultimate financing of a particular superyacht.
• As part of our service we also oversee on behalf of our clients the appointment of suitable legal counsel to ensure the legal documentation process required by all lenders, flagging of the yacht on the appropriate ship register and like issues, are all cost effective and efficiently run procedures, without our clients having to intervene on a day to day basis.

A “Hands-on” Service through the Acquisition Proces

The CJ&S team are consistently commended for their diligent “hands-on” approach acting on behalf of our clients through every stage of the acquisition process. This means the CJ&S team will involve themselves in all the underlying aspects of the transaction which may sometimes have been overlooked by clients prior to undertaking any purchase.

For example, once the transaction is underway CJ&S:

• Appoint and oversee specialist lawyers for clients throughout the documentation process of the transaction;
• Arrange the initial inspections and valuations of the superyacht, as well as subsequent periodic inspections and valuations during the period of ownership;
• Identify and help arrange  all relevant and specialist superyacht insurance and related issues;
• Advise on flagging and ownership issues of the superyacht e.g through offshore Special Purpose Company Structures (“SPC”) or Trusts with relevant Trust Companies.
• Assist with the choice of a charter or management company for the superyacht, if generating income is a client’s additional requirement.