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Delivering extraordinary every day.

Introduction.

From our global network of offices, we manage the complexities of yachts of all sizes, excelling in a wide range of services including compliance, technical and crew. A one-stop shop, we offer a full suite of superyacht management services, including operational support, crew placement, maintenance, financial administration, procurement, training, safety and security, environmental matters, human resources management and crew employment. We strive to do the best for our clients, consistently delivering what we promise and beyond, protecting their investment now and for the future. Our knowledgeable, multilingual teams go the extra (often nautical) mile so owners can relax and enjoy their yacht to the max. Put simply: we deliver extraordinary every day.

Our Services

Yacht management.

From bespoke services to full management, we scale to meet your needs.

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Services Guide

Corporate & VAT Services

We create ownership structures to suit most needs.

Crew Services

Charter Management

The benefits of chartering go beyond generating income.

Discover efficient and cost-effective crew recruitment, employment, and payroll.

Build & Refit

Project management for the world’s finest new-build or superyacht refits.

Charter & Sales

Sell, purchase, and charter superyachts, supported by our experienced team.

Yacht Owners

Explore our full range of services, tailored to meet each owner's needs

In safe hands

By tapping into our expertise, clients enjoy stress-free yachting, safe in the knowledge that a dedicated team of professionals are looking after their every need.

Delivering the best in human resources, quality of service, attention to detail, and value for money, we take pride in the yachts we look after.

Every yacht is unique, from its crew to its onboard amenities. That’s why our leading superyacht support is tailored to meet each owner’s individual needs.

Our clients know they are in the best hands.

Contact our yacht management team and learn more about our leading superyacht support services.

We were created to manage the complexities of the world’s largest yachts, bringing technical excellence to a full spectrum of services.

FEATURED YACHT

Charter b2 this summer.

€50,000 extra commission for full-rate charters booked in August

Yacht owner services

Your yacht is in safe hands.

News & Insights

Meet the captain: filippos adelfoulakos of m/y nomad.

Crew Services Evolution

Meet the Captain: David Davison of M/Y ABOUT TIME

Riviera Racing Team Unveils Final Electric Boat Design Ahead of Monaco Energy Challenge

Sales Announcement: B2 Sold!

Yacht management that looks beyond brokerage

Proud to continue longstanding alliance with Les Voiles d’Antibes

Cadets embark on new journey

Refitting M/Y Skat – the importance of preparation

Hill Robinson sponsors team for Monaco Energy Boat Challenge 2024

Meet the team

Supporting you with all aspects of yachting

Looking to work on a superyacht?

Visit our recruitment website

Our locations

24/7 global support

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Our Charter Fleet

106.50m (349' 5") | 2018 Refit: Olympic Yacht Services From €2,000,000 per week

85.65m (281') | 2009 / 2022 Abeking & Rasmussen From €850,000 per week

85.30m (279' 10") | 2019 Silver Yachts From €875,000 per week

78.43m (257'4") | 2011 / 2019 Abeking & Rasmussen From $770,000 per week

69.50m (228’) | 2003 | 2020 Oceanfast From €380,000 per week

65m (213′4″) | 2010/2022 Codecasa From $390,000 per week

55m (180' 5") | 2008/2023 Rossinavi From €290,000 per week

55m (180' 5") | 2006 / 2023 Trinity Yachts From €270,000 per week

47.60 m (156' 2") | 2017 Baglietto From €255,000 per week

47.42m (155′7″) | 1998/2023 Royal Huisman From $112,000 per week

MY LITTLE VIOLET

45.60m (149′7″) | 2006 Abeking & Rasmussen From €180,000 per week

45.5m (149' 3'') | 2008 Astondoa From €160,000 per week

42.60m (139' 9") | 2009 / 2022 CRN Ancona From €145,000 per week

40m (131' 3") | 2010 / 2023 Sunseeker From $150,000 per week

KATHLEEN ANNE

39.00m (127’11″) | 2009 Feadship From €140,000 per week

INDIGO STAR I

38.00m (124’8″) | 1995/2018 Siar & Moschini From €88,000 per week

36.57m (120') | 2005 / 2022 Palmer Johnson From €80,000 per week

31.62m (103' 9") | 1969 / 2023 Benetti From €55,000 per week

29.60m (97' 1") | 2022 Amer From €95,000 per week

27.43m (90') | 2007 / 2018 Sunseeker From $38,000 per week

26.22m (86') | 2010 / 2020 Ferretti From €46,000 per week

MINDFULNESS

23.98m (78' 8") | 2021 Advanced Yachts From €34,000 per week

Get in touch with our experts

Specialists in luxury yacht sales, yacht charter & superyacht management built on 30+ years of yachting experience

Yachting services, we have all your yachting needs covered, buy a yacht.

By understanding your specific requirements, we hand-pick the best boats from the global sales fleet to find your perfect yacht.  

Sell a yacht

With an extensive network and accurate market intelligence, we identify qualified buyers and close sales quickly.

Charter a yacht

An experienced charter consultant awaits your charter brief with access to the world’s most luxurious charter yachts in the finest destinations. 

Build a yacht

Through the design, build, and full commissioning of your new-build yacht, we set no boundaries. 

Refit a yacht

Refitting is a complex and costly journey. Our extensive knowledge and technical insights into the capabilities of shipyards are firmly established.

Yacht management

Your yacht and interests are in safe hands with excellent yacht management systems endorsed by the very best practices in health, safety and sustainability.

• FOR ALL OF YOUR YACHTING NEEDS

LUXURY YACHT SALES

Experienced luxury yacht brokerage insight.

With an enviable reach among trusted industry professionals, we remain globally informed to provide comprehensive luxury yacht market intelligence. Advising on pricing and necessary improvements to make your yacht stand out from the competition. 

TAILORED TO YOU

Every owner and every luxury yacht is unique and should be treated as such. Recognising each yacht owner’s individual needs, we tailor a sales and marketing campaign specifically suited to you.

THE RIGHT BUYER AT THE BEST PRICE

Deciding when and at what price to sell your yacht is a substantial decision and should be supported by market analysis. We ensure you find the right buyer at the best possible price in the shortest time. 

TRUST, EXPERIENCE AND PASSION

As seasoned navigators of the world’s oceans ourselves, we have the know-how to guide your yachting journey. Acting in your best interest, we guarantee trusted expertise delivered with passion, going the extra mile for a solution-driven approach.

LUXURY YACHT PURCHASE

A fully, supported purchase process.

Standing firmly by your side, delivering an all-encompassing perspective on the luxury yacht purchase process. Diligently working through the contract, survey, certification, and flag state rules and regulations.

INDUSTRY SAVVY & TECHNICALLY PROFICIENT

Priding ourselves on being industry-savvy and technically proficient, we offer objective advice and a thorough market assessment to balance your emotional journey with informed decisions. 

OFF MARKET LUXURY YACHT OPTIONS

Access to an extraordinary fleet of superyachts and off-market opportunities, we scrutinise the global fleet to handpick the best new and pre-owned luxury yachts. Our team only ever delivers yachts that meet your purchase criteria and highest expectations.

HONEST, TRANSPARENT ADVICE

Fully committed to delivering honest, transparent, and unbiased advice. Our aim is to provide you with the best luxury yacht solution, ensuring your purchasing journey is stress-free and seamless.

LUXURY YACHT CHARTER

Experienced charter consultants.

If you are considering a yacht charter, our charter consultants are here for you. We foster an entrepreneurial mindset and draw upon our own first-hand experiences and luxury charter knowledge to creatively address your luxury yacht charter needs.

PERSONALISED CHARTER ITINERARIES

Crafting extraordinary superyacht charter experiences. Collaborating with your captain, we tailor your luxury yacht charter itinerary to meet your specific requirements. 

ACCESS TO THE GLOBAL CHARTER FLEET

Whether you are searching for luxury yacht charters to navigate the Mediterranean or an exhilarating luxury sailing yacht charter escape in the Caribbean, we have got you covered. 

THE ULTIMATE VACATION FOR FRIENDS AND FAMILY

Your S A LT charter consultant works closely with your charter crew leading up to and throughout the charter, delivering personal service from door to deck. Travel and transfer arrangements, fine dining restaurants, shore activities, and family entertainment—everything is covered for your ultimate onboard vacation.

SUPERYACHT MANAGEMENT

New build projects.

We set no boundaries when bringing your new-build vision to life. We are steadfast in meeting your exacting standards and safeguarding your investment. Our seamless collaboration with shipyards and build partners spans your design vision to your maiden voyage.

SUPERYACHT REFITS

Refitting a luxury yacht is a complex and costly process. We are your exclusive point of contact throughout the refit journey to ensure you receive the best value, accurately assessed technical advice, and timely delivery of your refit project. 

YACHT MANAGEMENT SERVICES

Your luxury yacht and invested interests are in safe hands. Proven yacht management systems that are endorsed by the best health, yacht safety, and sustainability practices. Simplified process with one point of contact for all your luxury yacht management needs.

PLANNED MAINTENANCE SYSTEM

S A LT has an extensive PMS landscape knowledge. We recognise that customised yacht management services increases a vessel’s safety and operational reliability. Implementing PMS is key in future-proofing your vessel and optimising its resale value.  

EXPLORE WHAT A LUXURY YACHT CAN OFFER YOU TODAY

Or give us a call:.

+44 2038 821 364

THE TRUSTED PARTNER  FOR  YOUR SUPERYACHT JOURNEY

 7 Bell Yard,  London

United Kingdom

[email protected]

Yacht Sales

• Purchase A Yacht
• Sell A Yacht
• Build A Yacht

Yacht Charter

• Charter A Yacht
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• Charter Itineraries

Yacht Management

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the yacht management agency

THE LEADERS IN YACHT SERVICES IN SPAIN & BALEARICS

Our Services

Yacht agent

Our experienced team of yacht agents is dedicated to provide seamless and comprehensive support and assistance to yacht owners, captains, and crew in all Spanish destinations. Our team is available 24/7 to cater to your needs.

REFIT & operational yacht MANAGEMENT

We are your Owner's representative and Refit Project Management experts, ensuring flawless and efficient execution at every stage. Our in-house team orchestrates your operations, control expenses, and uphold a secure voyage while maximizing your yachting pleasure.

ANNUAL MAINTENANCE & WINTERING

Whether you need a comprehensive Annual Maintenance plan or a reliable Wintering solution, our team is committed to providing unparalleled service and care for your yacht.

We provide yacht management and repair services with the highest standards of quality and precision.

Professionalism

Our team is made up of highly qualified experts with extensive experience in the nautical sector.

We are committed to offering a personalized service tailored to the individual needs of each client.

We generate trust through our transparency, honesty and compliance with agreed deadlines.

We keep up to date with the latest technologies to provide cutting-edge solutions to our customers.

OPINIONS OF OUR CUSTOMERS

Isla wilson.

I had an incredible experience working with GMC Yachting as my yacht agent in Marbella and later in Ibiza! From start to finish, all the team especially Santi, displayed professionalism and dedication in assisting me and the captain with all our needs.

Thomas Davies

Jessica brown.

Don’t miss the opportunity to enjoy a carefree experience on the water. Fill out our simple contact form and let us know your specific needs and requirements. Our team will contact you to discuss how we can meet your expectations and provide you with customized solutions.

+34 676 54 24 52

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GMC Yachting will process your personal data to manage your request, inform you of offers, activities and similar initiatives – including by electronic means – as well as to propose new participation actions, all in order to achieve our goal of offering Yachting services. The Privacy Policy indicates how you can exercise your rights of access, rectification, deletion, limitation, portability, and opposition.

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July 17, 2024

WATCH: Giants management reacts to Saquon Barkley signing with Eagles on 'Hard Knocks'

Hbo's 'hard knocks' continues to show this offseason's saquon barkley free agency saga between the giants and eagles..

New Eagles running back Saquon Barkley.

Is the new offseason edition of "Hard Knocks," the HBO NFL program, giving too much access? If you ask a Giants fan, that might be the case, as the painful Saquon Barkley free agency departure has played out on premium cable and the Max streaming platform. 

The latest video to go viral from the Giants' "Hard Knocks" is one that features Giants management reacting to the then-breaking news earlier this offseason of Barkley signing with the Eagles :

John Mara and Joe Schoen reacting to the Saquon news breaking 🎥: @StreamOnMax https://t.co/VSeyAghNUC pic.twitter.com/k7iI03YxpA — The 33rd Team (@The33rdTeamFB) July 17, 2024

"We're gonna be fine," Giants president and co-owner John Mara says.

Well, we'll see about that in the fall where the Giants may be poised to finish last in the NFC East while paying their starting quarterback over $47 million. 

MORE: Another Giants 'Hard Knocks' video about Saquon Barkley

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Adventure awaits you in Crawford County this summer

Cape Regional is now part of Cooper University Health Care

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Russia battles forest fires amid another hot summer

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Reporting by Reuters Writing by Felix Light Editing by Andrew Heavens and Frances Kerry

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Russia's state forest agency said it was fighting 222 separate blazes across 20 regions on Thursday as an unusually hot summer fuels forest fires, after millions of hectares of woodland were destroyed in recent years.

Some Caribbean islands see almost 'total destruction' after Hurricane Beryl

A more complete picture emerged Wednesday of the extensive damage wrought by Hurricane Beryl's trek across the Windward Islands, revealing destruction and at least seven deaths.

At least three islands report more than 90% of the homes and buildings either destroyed or severely damaged, the Caribbean Disaster Emergency Management Agency reported Wednesday . All three are within the chain of Grenadine Islands, where Beryl roared into the Caribbean on the southern end of the Windwards, between St. Vincent and Grenada.

With 19 participating states across the Caribbean , the agency was helping coordinate disaster response on Grenada and St. Vincent and the Grenadines even as it continued to track Beryl’s movements across Jamaica, Cayman Islands and Belize. The eye of Beryl, still a Category 4 storm, raked Jamaica's coast Wednesday afternoon and was expected to pass near the Cayman Islands Thursday morning, before making landfall in the Yucatan on Friday morning.

The damage estimates for the Windwards – where Beryl made landfall over Carriacou – are only "a very preliminary look," said Elizabeth Riley, the disaster management agency's executive director. Beryl struck the islands with sustained winds of 150 mph and higher gusts on Monday, and the National Hurricane Center had warned that winds could be up to 30% higher on the tops of hills and mountains.

The impacts to the Grenadine Islands are "quite significant," Riley said, leaving residents exposed and vulnerable. Even as recovery efforts began, a tropical wave brought rain and gusty winds Wednesday to the suffering residents.

Grenada prime minister discusses damage on Carriacou

In a briefing late Tuesday after spending more than two hours in a helicopter provided by the government of St. Lucia, Grenada Prime Minister Dickon Mitchell described "total destruction" on the islands of Carriacou and Petite Martinique.

"There's really nothing that can prepare you to see this level of destruction," Mitchell said. "It is almost Armageddon-like, almost total damage and destruction of all buildings. Complete devastation and destruction of agriculture. Complete and total destruction of the natural environment."

"There is literally no vegetation left anywhere on the island of Carriacou; the mangroves are totally destroyed, the boats and the marinas significantly damaged," he said. "There is almost complete destruction of the electrical grid system in Carriacou. The entire communication system is completely destroyed."

However, Mitchell added, he'd been heartened by the volunteers "showing true Grenadian spirit" by arriving from other less damaged areas in boats and fishing vessels to begin delivering relief supplies to those affected.

Hurricane Beryl's fearsome seas As Beryl tears through Caribbean, a drone sends back stunning footage

Beryl damage updates

The following are the preliminary assessments Riley listed:

Carriacou, Grenada

• The total population of 6,081 has been affected, so shelter is "a significant consideration."
• Majority of homes and buildings have been extensively damaged
• Communications have been significantly compromised

Petite Martinique, Grenada

• Estimated 80% of the houses and buildings extensively damaged or destroyed
• 900 people affected
• Majority of the island is sheltering in place

Canouan, Saint Vincent and the Grenadines

• 100% of the island's population (12,600) has been affected
• An estimated 90% of the houses were damaged, either extensively or destroyed
• Police station in Charlestown lost its roof

Union Island, Saint Vincent and the Grenadines

• Full population of 3,000 was affected by extensive damage
• Estimated 98% of buildings, including houses badly damaged or destroyed
• Airport control tower destroyed, hospital roof destroyed
• Power plant received significant damage
• Government assisting people who wish to evacuate

Mayreau, Saint Vincent and the Grenadines

• Total population of 300 people affected
• 90% of the housing stock and buildings have been damaged or destroyed

Palm Island, Saint Vincent and the Grenadines

• Resort and desalination plant significantly damaged
• More than 40 homes with damage, a number expected to rise
• Confirmed significant damage to the fishing sector
• More than 200 boats damaged
• Significant damage to the coastal infrastructure, particularly along the south coast 
• Partial road obstruction
• Significant damage on southern end 

Trinidad and Tobago

• Power outages
• Water disruption on Tobago 
• Roadway blockages on both islands

Bequia, Saint Vincent and the Grenadines

• An estimated 10% of the homes and buildings suffered roof damage
• Airport and runway are usable
• Minimal damages reported

Mitchell, Grenada's prime minister, said the island's northernmost parish, Saint Patrick suffered significant damage. The parishes of Saint Andrew, Saint Mark and Saint John also suffered much more damage than the parishes of Saint George and Saint David.

"It is clear that agriculture has taken quite a battering. It is clear that many persons have lost their roofs," Mitchell said. "It is clear, in some instances, many people have lost their entire homes."

Dinah Voyles Pulver covers climate and the environment for USA TODAY. Reach her at [email protected] or @dinahvp.

Former Secret Service agent who took a bullet for Reagan said the Trump shooting was a failure 'plain and simple'

• A failed assassination attempt on Donald Trump on Saturday left him with a bleeding ear.
• Former Secret Service agent Tim McCarthy compared the incident to the 1981 Reagan shooting.
• McCarthy said the Secret Service had failed to protect Trump despite its best efforts.

A former Secret Service agent said that the assassination attempt on Donald Trump represented a "failure" for his security team.

Tim McCarthy, who in 1981 defended then-President Ronald Reagan from a gunman, was giving his assessment of the Saturday shooting to Chicago-based outlet WGN-TV .

"It's a failure. Plain and simple," McCarthy said. "When President Regan was shot, that was a failure too."

"Any time a protectee is harmed, there's something that has to change," he added. "You have to critically look at what happened, why it happened, and how it can be prevented in the future."

Despite this, he said the service had been doing "almost everything that is humanly possible" to prevent potential attacks, but that there "is no full-proof security anywhere in this world."

Trump had been speaking at a rally in Butler, Pennsylvania when the shooting took place. He was seen defiantly raising his fist with a bloodied ear before being ushered away from the scene by the Secret Service.

In a post on Truth Social, Trump said that a bullet had "pierced the upper part" of his right ear.

The FBI has since identified the shooter as 20-year-old Thomas Matthew Crooks, who was killed at the rally.

McCarthy, who reportedly retired from the Secret Service in 1993 , said he did not have intimate details of Trump's security detail, but said it was likely "darn close" to what President Joe Biden receives.

He said that for a president, security teams sweep the area and secure the building while obscuring the view using "different types of shielding" such as campaign events or banners. They would also rearrange the podium to block views from outside the secured area.

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"Now, in some cases, it's almost impossible to do that, but that's why the Secret Service has counter-sniper teams. You survey the buildings that would have an overview of where the protectee is going to be," he added.

In this instance, he said any counter-sniper team "obviously or possibly" did not see the shooter.

As a last resort, agents shield the protectee from attack.

Secretary of Homeland Security Alejandro Mayorkas said in a statement that the "DHS and the Secret Service are working with law enforcement partners to respond to and investigate the shooting."

"We are engaged with President Biden, former President Trump, and their campaigns, and are taking every possible measure to ensure their safety and security."

Whilst the assassination attempt may result in "less visibility out in the public for former president Trump," McCarthy doubted that the assassination attempt would deter him too much from his scheduled outings.

The Secret Service is "probably gonna have to hold his horses to keep him from getting out into the public right away," he said.

And Trump has already signaled his intentions to make his next public appearance.

In a post on Truth Social, Trump thanked people for their "thoughts and prayers" following the attack, and said that he was looking forward "to speaking to our Great Nation this week from Wisconsin," where the Republican National Convention is set to take place.

Watch: Scowling Trump makes history with first presidential mugshot

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The new Individual Assistance updates only apply to disasters declared on or after March 22, 2024. Read about the updates.

Biden-Harris Administration Finalizes Rule to Increase Resilience Against Flooding Nationwide

WASHINGTON -- The Department of Homeland Security’s (DHS) Federal Emergency Management Agency (FEMA) published a Final Rule to implement the Federal Flood Risk Management Standard (FFRMS). The standard is a flexible framework to increase resilience against flooding and help protect communities.

In recent years, communities have seen repeated flooding that threatens both lives and property. Previous approaches, based on historical data, have become outdated. By using the best available science, FFRMS strengthens FEMA’s standards to incorporate both current and future flood risk, making taxpayer-funded projects far more resilient to flooding, protecting federal investments and reducing the risk of damage and loss from floods. Additionally, FEMA will pay for the applicable federal cost share to implement the FFRMS which is often 75% or more.

“The human and economic cost of flooding is devastating and will only grow in the years ahead as the impacts of climate change grow more intense and reach more communities,”   said Secretary of Homeland Security Alejandro N. Mayorkas. “Taking forward-looking, effective steps to increase resilience before disaster strikes will save lives, property, critical infrastructure and taxpayer money. The Federal Flood Risk Management Standard ensures that FEMA-funded projects meet that mandate. We cannot be passive as climate change threatens the safety and security of the American people and our homeland.”

“Climate change has exacerbated flood risk across the country, especially when it comes to sea-level rise. The Biden-Harris Administration is taking action to address these heightened risks by getting this new standard over the finish line,” said FEMA Administrator Deanne Criswell. “FFRMS will allow us to enhance resilience in flood-prone communities by taking future flood risk into consideration when we rebuild structures post-disaster. This is a huge win that will also allow us to end the repeat loss cycles that stem from flooding and increase the safety of families and save taxpayer dollars.”  “As climate change increases the frequency and severity extreme weather events, President Biden is taking bold action – mobilizing historic investments to protect communities before the storm strikes, upgrade critical infrastructure to reduce vulnerability and risk and boost our collective capacity to recover quickly after disasters,” said National Climate Advisor Ali Zaidi.   “By using common-sense solutions like elevating or floodproofing critical infrastructure, today’s rule will help local communities harness the best in science and engineering to better prepare for flood risks from rising sea levels and damaging storms. This important step will help protect taxpayer-funded projects, including fire and police stations and hospitals, from flood risks and is an integral part of the Biden-Harris administration’s broader efforts to enhance climate resilience across the country.”

This rule allows FEMA to consider the best available science in making projects and communities more resilient to increased flood conditions. The standard applies to FEMA-funded actions involving new construction, substantial improvement, or repairs to substantial damage. 

FFRMS also applies to Hazard Mitigation Assistance projects involving structure elevation, dry floodproofing and mitigation reconstruction. This advances the  National Climate Resilience Framework ’s goal of building a climate-resilient nation. This higher standard considers both current and future flood risks associated with climate change and other threats. 

Finalization of the rule supplements additional actions President Biden announced last week to protect workers and communities from extreme weather. After receiving an operational briefing on extreme weather from Department of Homeland Security Secretary Alejandro Mayorkas and FEMA Administrator Deanne Criswell, President Biden  announced $1 billion for 656 projects across the country to help communities protect against disasters and natural hazards, including extreme heat, storms and flooding. 

This action is the latest in an all-of-government approach to minimize flood risks and implement the FFRMS. These efforts have included the issuance of a  Federal Flood Standard Support Tool (Beta) , a  FFRMS Standard Floodplain Determination Job Aid , a  State of the Science Report on Climate-Informed Science Approach for flood hazards , and implementation of the FFRMS by the Departments of Agriculture, Defense, Health and Human Services, Housing and Urban Development, Interior, and General Services Administration.

Expansion of the Floodplain

As climate change and other threats have increased flood risk across much of the United States, the FFRMS allows FEMA to consider the best available and actionable climate science in making projects and communities more resilient to increases in flood conditions due to sea level rise and other environmental changes. 

Prior to the FFRMS, FEMA required non-critical projects to be protected to the 1% annual chance (100-year) flood to minimize flood risk. Critical projects, like the construction of fire and police stations, hospitals and facilities that store hazardous materials, had to be protected to the 0.2% annual chance (500-year) flood. This standard reflected only current flood risk.

The FFRMS will increase the flood elevation -- how high -- and floodplain -- how wide -- to reflect future, as well as current, flood risk for actions subject to the standard.  

Implementing the FFRMS is an important step toward mitigating future flood risk that will benefit communities by allowing them to avoid or recover from future disasters more efficiently and effectively. Communities can protect against future flood risk by building outside of the floodplain, elevating, floodproofing, or using nature-based solutions. 

Minimal Estimated Implementation Costs of Less than 2% for FEMA and Applicants

This standard requires incorporating flood resilience measures into project designs that could marginally increase the project cost. However, this minimal cost increase is expected to result in far greater savings over time due to avoided flood damage. 

FEMA pays for the costs to implement the FFRMS at the applicable cost share for the project, often 75% or more. FEMA has found that incorporating 2-feet of elevation into a new building design on average adds only 1.91% to the total project cost.  

As an example, on a $1 million dollar project with a federal cost share of 75%, the estimated increased project cost to the applicant is $4,775. These improvements can help reduce the chances of repetitive property losses to flooding, lowering costs for taxpayers and communities.

Full Implementation of the Federal Flood Risk Management Standard

Since August 2021, FEMA has partially implemented the FFRMS. Partial implementation relied on existing regulations to reduce flood risk, increasing minimum flood elevation requirements for structures in areas already subject to flood risk minimization requirements, but not horizontally expanding those areas.

The key distinctions between partial and full implementation are the expansion of the floodplain to reflect both current and future flood risk and the requirement to consider natural features and nature-based solutions. Using natural features and nature-based solutions can help preserve the benefits of floodplains across the nation, such as the ability to store and move floodwaters and create rich soils.

The Final Rule amends Title 44, Part 9 of the Code of Federal Regulations and will be effective on Sept. 9, 2024. For disasters declared on or after this date and notices of funding opportunity published on or after this date, the Federal Flood Risk Management Standard will apply to FEMA-funded actions involving new construction, substantial improvement or repairs to substantial damage. 

• Superyacht Agency Services for the UK

• Itinerary planning
• Berth Booking
• Provisioning
• Experiences
• Invoice Management
• Consultancy
• Shoreside Purser
• Testimonials

What a year

What a year 2023 turned out to be for the team here at MGMT .

As we predicted at the end of last year, the UK, as a Superyacht destination was at the beginning of a boom period.

How right we were!

The year started out very well with visits from some of the largest Superyachts the UK has seen. We were there on the dock waiting to greet them as they arrived. As always, we ensure there is always someone present for arrival of our clients no matter where in the UK they arrive into. Whether it is Falmouth or Aberdeen, one of our team will be there on the dock to welcome you.

Why the boom?

We look into the increased number of visits in detail and have attributed the increase in visits to a number of factors;

• Changing trends in the Superyacht industry . Yacht owners and their Captains are always on the look out for somewhere different. We have talked about this in the past and, although the UK is not a new destination it takes time for the industry to feel comfortable with somewhere relatively new. The UK wasn’t really on anyone’s radar before the 2012 olympics but since then traffic has steadily increased.
• BREXIT . As we mentioned in a recent article here , Brexit means that the UK can now be used for EU VAT clearance. This makes the UK as a quick stop very attractive to most yachts.
• There is a lot more to the UK and causing the waters than they realise. The UK is diverse and has something for everyone.
• We, as agents ensure literally everything is taken care of to a standard few captains expect. Once they talk to us, learn about our background, and see sample itineraries plus some of the yachts we have worked for we start to build trust and confidence.

This is just the beginning

MGMT has been around for 14 years now. We have, and always will work hard for every single client we take care of. But, this is just the beginning of a boom for the UK. We expect to see Superyacht visits to the UK increase massively over the coming few years. As the only dedicated Superyacht agent in the UK, we cover the entire country and provide every service we offer in whatever location you would like to visit.

Come and see us

We are taking bookings and creating bespoke itineraries for 2024 right now. So, get in touch to see what we can do for you next year.

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