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Yacht Brokers

IYC Names its Brokers of the Year

Barbara Stork Landeweer

International Yacht Collection (IYC) iannounced that Frank Grzeszczak and Barbara Stork Landeweer are the company’s  2013 Yacht Broker and Charter Brokers of Year, respectively. Representative of a banner year for IYC, both brokers played a pivotal role in promoting the superyacht lifestyle and helping their clients achieve results in the global market. “I have the privilege to again congratulate Frank and Barbara on their exceptional performance,” said Bob Saxon, IYC President. “This is Barbara’s third consecutive year being recognized as the leader in IYC’s yacht charter division; Frank has been awarded the title numerous times as well. They have realized tremendous success internationally in a marketplace that is both demanding and rewarding.” Frank Grzeszczak, IYC Yacht Broker Having built a 25-year career in preowned and new construction yacht sales, Frank Grzeszczak has been with IYC since 2007. His criterion for success has always been based on three fundamental principles: knowledge of product, honesty and integrity. More, his strong work ethic blends reliability, diligence and professionalism with an understanding that team work encompasses both client service and respect for one’s fellows in industry. This has garnered Frank great esteem with his clients and his worldwide network of yacht brokers.


Newport Beach Boat Show – Mikelson Yachts on Display

Sports Fisher M43: Photo credit Mikelson Yachts

Mikelson Yachts to showcase two yachts at Newport Beach's 39th annual boat show Mikelson Yachts will  display two models in the 39th Annual Newport Beach Boat Show during April 19-22 at Lido Marina Village. The show gives exposure to over 300 vessels of varying sizes. Featured in the show for the last 30 years, Mikelson Yachts will be back in attendance this year presenting the 43 Zeus Sportfisher and the 59 Nomad Cruising Sportfish


Bradford Marine Expands Line

Bradford Marine, Inc. (Bradford Marine) announced that they have expanded their line of services with the formation of a new subsidiary, Bradford Marine Group, Inc. (Bradford Marine Group). The Bradford Marine Group will significantly add to Bradford Marine’s ability to provide a full line of quality yacht services from their shipyard in Ft. Lauderdale. Bradford Marine Group will provide consulting services to yacht owners, their Captains and crews


Kennedy Joins Moore Stephens Brokers Ltd.

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Moore Stephens Brokers Limited, a source of general insurance products tailored for Superyachts, has appointed Kathy Kennedy as its new executive vice president it was announced today. She will be based in the USA. “I’m really pleased to join Moore Stephens at this exciting time for the company”, said Kathy, “I look forward to adding to the company’s already diverse blend of services and expanding their client relations not only in Northern America but also


Private Yacht Owners Warned

MAST launches new perimeter defense for super-yachts. MAST Technololgy, part of MAST group (‘Maritime Asset Security and Training’), a maritime security and piracy protection specialist, says that super yacht owners are turning to close protection amid fears of an escalation in maritime crime due to growing instability in North Africa due to the implications of the Arab Spring. The company, which deliveries both commercial and private maritime security


Raven Offshore Yacht Shipping Sets Sail with First Charter

Pilot Boat on Deck of Star Lofoten with Ship Raven

Raven Offshore Yacht Shipping announces that their first charter with Grieg Star Shipping was loaded and departed on schedule on Sunday, August 25, 2013 from Vancouver, B.C. Cofounded earlier this year by industry experts, insurance broker Rick Gladych, and Anthony Utley of Raven Marine Services in British Columbia, Raven Offshore Yacht Shipping charters the decks of Grieg’s L-Class Ships (paid-in-full), virtually eliminating any third-party issues.


BV Launches Condition Assessment Program for Yachts

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Bureau Veritas has extended its Condition Assessment Program to cover all types of yachts. BV Yacht CAP will provide owners with a certified and recognized evaluation of the real status of any yacht to promote the yacht’s condition to charterers, brokers, yacht managers, banks and leasing companies. “Big yachts are big business but a high risk area for charterers and financiers,” says Vincent Lefebvre, Head of CAP and Environment section, Bureau Veritas


Litigation Can Cost Shipbrokers an Arm & a Leg

File photo CCL3

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts, reports trade association Maritime London. Indemnity insurers ITIC gave a panel of London solicitors – all of whom had previously been instructed on cases involving ITIC members – a hypothetical claim scenario involving a broker which had been cut out of commission


Brokers Required to Sign Legislation Bites

International Transport Intermediaries Club (ITIC) said that shipbrokers are being required to sign formal agreements with their principals in the light of a worldwide trend towards stricter anti-corruption legislation, and ahead of the implementation of the new UK Bribery Act in April 2011. The typical document presented to brokers will set out the principal’s prohibition of the payment of bribes and/or the provision of other inducements


Clean Tanker Rates Drop Another 10 Points

Clean tankers in the intra-Asian trades have suffered an eighth week of stagnant trading, causing rates to slip another 10 points to W240 ($15.69 per ton), Singapore brokers said on Wednesday. "The panel rate (judged by a panel of six brokerages) is around W250, but we think it's much nearer W240 at the moment," said a broker. The benchmark trade from Singapore to Japan on 30,000 ton tankes almost touched W300 in June ($19.62 per ton).


Time Charter of DP-1 Research Vessel Fixed

Photo courtesy Marcon

Marcon International, Inc. of Coupeville, Washington reported that Stabbert Maritime of Seattle has time chartered the U.S. flag, DP-1, research vessel Ocean Pioneer (ex: Seabulk Montana, Montana, Seabulk Montana, Indian Seal) to FMC Technology of Davis, California.


Maersk Line named race partner for the Volvo Ocean Race

The world’s largest container shipping company, Maersk Line, is the official shipping partner for the Volvo Ocean Race, the pre-eminent round-the-world yacht race. The race takes place from 4 October 2014 to 27 June 2015. During the nine month race, seven 65-foot (19


Car-Carrier Saves South Pacific Lone Yachtsman

Car carrier Fidelio: Photo Wiki CCL

A solo Canadian sailor has been rescued from his sinking yacht in rough conditions 1,250 nautical miles (2,300km) north-east of Auckland - about 600nm (1,100km) south of Rarotonga - after a mercy dash by the car-carrier 'Fidelio', reports Maritime NZ.


Yacht Race from Hong Kong to the Philippines

Approximately 34 yachts are expected to participate in a race from Hong Kong to the Philippines will take place from April 16-21, GAC said in its daily Hot Port News report. The race will commence on Wednesday, April 16 at 1:20 p.m. off the Causeway Bay Typhoon Shelter


Energy Industry Needs Insurance Against Cyber Attacks

Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said on Tuesday, likening the threat to a "time bomb" that could cost the industry billions of dollars. Willis highlighted the industry's vulnerability to cyber threats in its annual review of


Trans Atlantic Tanker Rates Higher

Clean tanker rates on the transatlantic route edged higher on Monday helped by light bookings although the market continued to struggle with a glut of vessels. Rates for medium-range (MR) tankers for 37,000 tonne cargoes on the TC2 route from Rotterdam to New York were at W124


High Cost of English Litigation for Shipbrokers

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A survey of London solicitors by ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts. ITIC gave a panel of London solicitors – all of whom had previously been instructed on cases involving ITIC members – a hypothetical


Tanker Rescues Three following Yacht Fire

Glenda Meryl

Sunday, March 30, during the night, M/T Glenda Meryl (jointly owned by d'Amico and Glencore and managed by Ishima ship management) rescued all the American crew of the stricken sailing yacht Even Star. The crew had taken to the ship's liferaft


USCG Tows Disabled Yacht into Jacksonville

Crewmembers aboard the Coast Guard Cutter Diamondback are towing a 70-foot motor yacht Wednesday and are scheduled to arrive at the entrance to the St. Johns River at approximately 9 p.m. There, the tow will be transferred to a 45-foot Response Boat - Medium from Station Mayport, Fla


J.K. Fabrication Winch Earns DNV Approval

Photo: J.K. Fabrication

J.K. Fabrication announced it has received DNV Type Approval on its Model 40-30-3000 Anchor Winch. The winch can now be specified into existing commercial applications on barges, tugs, fishing and yacht vessels around the world. The company said the new Arctic Prowler Longlining vessel


Airbus Expands VSAT Coverage

Ku-band coverage boosted with Seychelles region extension delivering high-speed data. Airbus Defence and Space has expanded its Ku-band VSAT (Very Small Apperture Terminal) coverage in the Indian Ocean Region (IOR), using the Intelsat IS-702 S2 satellite.


TT Club Strengthens Middle East Presence

Julien Horn

Specialist freight transport insurance provider TT Club said it is reinforcing its presence in Dubai with a move which aims to support the Club’s existing claims team in the UAE and underlines the insurer’s commitment to what is a dynamic region and provides an additional service level


CG Saves Pair from Stricken Yacht

Philippine Coast Guard

Two foreign nationals rescued from distressed yacht off Tubbataha, Palawan Two foreign nationals are now placed into safety by the Philippine Coast Guard after sustaining minor injuries from an incident while sailing east of Basterra Reef, Palawan.


Phantom Offers Security for Yachts

Photo courtesy GOST

Phantom Services Offers Exclusive Global 24/7 Vessel Monitoring, Tracking and Recovery for GOST Security, Monitoring & Tracking Systems Maritime security firm Phantom Services now offers global Security Concierge Services, providing 24/7 monitoring


Proposal on Spray Painting Passes

NMMA in conjunction with Lauderdale Marine Center (LMC) and the National Fire Protection Committee on Spray Finishing, recently drafted and approved a new standard which reduces the fire risks of spray painting large objects, including yachts in temporary membrane enclosures


 
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