Management Articles
The selection of a refit manager, from the perspective of a superyacht owner, is a choice fraught with great importance and potential consequences. This person will hold the reins of a complex project, managing it from inception to completion. Based on over two decades of experience and insights from the superyacht sector, key learnings and recommendations can be drawn around this pivotal decision-making process.
A superyacht refit is an arduous task encapsulating everything from minor works during a brief stopover to major revamps that overhaul or extend the yacht’s layout. Regardless of the scale, managing a refit is a multi-disciplinary project that demands tight deadlines and incorporates ‘open and discover’ moments—unexpected hurdles that need immediate resolution, adding to the convoluted nature of refit projects.
In a world where digitalisation is rapidly reshaping numerous industries, the realm of wealth management is undergoing an evolution to cater to a bold new generation of ultra-high-net-worth individuals (UHNWI). These affluent seafarers demand services as elevated as their assets, and a new champion has arisen to meet this demand: Privat 3 Money or P3, a company established in 2018 and regulated by the Financial Conduct Authority in 2020. Pioneering a modern approach to financial services, P3 has made waves with their revolutionary product, P3 Marine.