When I was an apprentice shipwright, one of the old-hats around the slipway was always spouting gems of wisdom. From him, I heard thatthe only people who make any money out of boats, are brokers. This is not entirely true. Since changing careers I’ve found that lawyers do alright of ‘boats’ as well. Nevertheless, brokers have a special relationship…
Read more…Tag: Ocean Magazine
Yacht and Yachting Law
Posted on Categories Maritime & SuperyachtRecently I attended a seminar in London on ‘Yacht and Yachting Law’ that was run by Filippo Lorenzon Director of the Institute of Maritime Law for the University of Southampton. The seminar heralded the launch of the first edition with the same name, a beautifully bound text, that covers ‘the whole nine yards’ and while having an English/Euro Law…
Read more…Due Diligence, Insurance and Boat Building
Posted on Categories Maritime & SuperyachtIt was a devastating blow to all involved at Mullen & Wing shipyard when a fire gutted the largest construction hall, destroying the 50 metre Star Fish that was two-and-a-half years into her three-year build worth in excess of NZ$50 million. But imagine if this was your dream-build and after the event you learn you weren’t covered by insurance. While…
Read more…Practical Tips to Buying a Boat
Posted on Categories Maritime & SuperyachtIt’s the ONLY thing,’ said the Water Rat solemnly, as he leant forward for his stroke. `Believe me, my young friend, there is NOTHING–absolute nothing–half so much worth doing as simply messing about in boats. (Kenneth Grahame 1859-1932) The romantic notion that Grahame conjures up in his novel ‘Wind In The Willows’ often forms the basis of the decision making…
Read more…Piracy, Protection and the Law
Posted on Categories Maritime & SuperyachtIn my article in Issue 35 of Ocean Magazine titled “Fire In The Hold” I discussed the issue of piracy as a re-emerging phenomenon and whether private boat-owners should choose to arm themselves as a means of protection. Since this article, reports from the International Maritime Bureau (IMB) indicate that the frequency of piracy incidents have not waned. In…
Read more…The Sea Samaritans
Posted on Categories Maritime & SuperyachtA shipmasters’ obligation when rendering assistance on the high seas. A luxury cruise ship, ‘The Star Princess’ recently made a splash in international maritime news for all the wrong reasons. Immediately after the incident various organisations reported a fishing vessel had signalled the cruise ship and three bird watching passengers, who had informed the crew that they saw a fishing…
Read more…Purchase Order
Posted on Categories Maritime & Superyacht“It’s the ONLY thing,” said the Water Rat solemnly, as he leant forward for his stroke. “Believe me, my young friend, there is NOTHING–absolutey nothing–half so much worth doing as simply messing about in boats.” (Kenneth Grahame 1859-1932) The romantic notion that Grahame conjures up in his novel ‘Wind In The Willows’ often forms the basis of the decision making…
Read more…Captain Courageous
Posted on Categories Maritime & SuperyachtIt is a popular expectation and a folklore tradition on the high seas that the captain of a ship should always go down with it, risking their own life in order to ensure the safety and welfare of their passengers. But in the modern shipping world is this still the case? For family and friends who lost loved ones…
Read more…Its Good to Share
Posted on Categories Maritime & SuperyachtLet’s face facts – owning a boat is an exercise in expense. There’s the ever-rising cost of fuel, the marina, storage or transportation fees, registration, insurance, and the seemingly endless upkeep and maintenance costs. As a solicitor, I often come across clients who’ve fallen into the trap of buying into the boating dream without fully appreciating the true costs…
Read more…Slow and Steady – Navigating Purchases Overseas
Posted on Categories Maritime & SuperyachtBedazzled by what are perceived as bargain basement prices, increasing numbers of private purchasers are turning online for new and second-hand vessels in the USA and other enticing countries as a result of a strong Aussie dollar. But along with this new found freedom of expanded marine markets has come a litany of consumer problems, as unsuspecting purchasers throw…
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