Maritime Ownership

Individuals purchasing luxury yachts typically expect them to be in excellent condition. While they may plan to make some cosmetic renovations, those acquiring vessels expect them to be safe and well-maintained. Very few yacht owners realize that the vessels they...

When purchasing a yacht in Connecticut, you need to understand the state's yacht inspection requirements. These inspections ensure that your yacht meets safety standards and is ready for operation. In Connecticut, specific steps are required to comply with state...

Owning a big yacht means dealing with special insurance rules. The size of a yacht affects how much you pay for insurance, what the policy covers, and what you need to do to qualify. If you're buying or selling a large yacht, you should know how insurance companies...

Purchasing a luxury yacht is a significant investment. Ensuring the title is clear and free of liens is essential to protect your financial interests and avoid future legal disputes.  Understanding the steps to verify a yacht’s title can help buyers make informed...

The use of surveillance and security systems on luxury yachts has become standard practice for ensuring safety and deterring potential threats.  However, integrating these systems must align with international privacy laws to avoid legal complications. Understanding...

The luxury yacht market is changing fast, and one of the biggest changes is the rise of eco-friendly yachts. Buyers are becoming more aware of their impact on the environment and want yachts that fit with their values. This shift is affecting what buyers want and how...

Refitting a yacht can enhance its performance, appearance, and value. However, you must navigate certain legal and compliance requirements before and during the process. Ignoring these items can lead to fines, delays, or even safety risks. Understanding the...

Selling any vehicle can include potential liabilities, and maritime vessels are no exception. When selling a large yacht, sellers must craft a contract that limits liability once the transaction concludes. You and your legal team can consider some specific clauses and...

Purchasing a large yacht is an exciting endeavor that involves more than just choosing the right vessel. It often requires navigating complex financial options tailored to high-net-worth individuals.  The rise of peer-to-peer lending Peer-to-peer lending platforms are...

Building yachts is an intricate process that demands precision and expertise. Despite planning and execution, construction issues cause delays and additional costs. People should explore common issues encountered during the construction of large yachts. 1. Lack of...