Accounting
Yacht Accounting
Knowledgeable and responsible shore-based yacht accounting contributes toward allowing the Captain and crew to do what they do best, which is running a fine yacht and meeting or exceeding the Owner’s expectations.
A yacht may engage in several hundred financial transactions each month. There will be different transaction profiles in a variety of currencies. Our yacht accounting team will process each transaction and ensure each transaction is evaluated and recorded correctly.
Weekly, Monthly and Annual Reporting
Each week Ocean Marine will provide to the Owner and Captain a report of the previous week’s expenditure compared to budget. A detailed, fully categorized report will be presented as part of our financial administration for yachts service.
Insurance
Insurance requirements for a yacht can be complex with many factors to be considered. Ocean Marine Management can advise on appropriate insurance to cover each area of risk as part of our financial administration for yachts service. We will ensure insurance cover is continuous and advise if an uninsured risk becomes evident.
If a claim becomes necessary, we will do everything possible to facilitate a successful claim.