To sell or store? Asset makes the decision easier.
Whenever possible, we like to bring fresh ideas to managing and disposing of assets. For example, quite often a decision needs to be made between disposing of an asset quickly and keeping hold of it until the market improves. This is particularly important when the ownership costs are considerable, such as with large yachts.
Through our sister company, Krystal Yachts, we are able to significantly reduce the cost of maintaining such assets. Through technology we are able to provide guardianship and full compliance with statutory and warranty requirements, without the need for the full compliment of crew, which generally make up over 60% of a yacht’s running costs.