Purchasing or chartering of a luxury yacht is not the realm of the prospective buyer. Rather, it is the complicated relationship between the yacht owner or broker and the yacht builder that governs the whole show. As the popularity and passion for the luxury yachts have grown, it is necessary to understand this relationship to realize how the private luxury yachts are commissioned.
Yachts are built at shipyards. This is also the place where they may be refitted and repaired. Usually shipyards are proud of the fact that they are building the great luxury yacht, and know the value elegance and extravagance can have on their reputation. Therefore, established shipyards will usually have years of experience behind them and use their vast knowledge of the best materials and techniques for constructing these vessels. The passion for yachts is shared between the owner and builder.
Shipyards have several roles to play in the construction of vessels. New luxury yachts are made from conception to the final product. To suit individual owner’s tastes, the shipyard may have to devise a new color scheme. Extra amenities and facilities may have to be fitted to the interiors. In several cases, repairs may have to be done to damaged vessels or periodic servicing may be required for luxury yachts. Luxury yacht owners have the opportunity to inform the ship builders exactly what they want in their boats.
Yacht owners or brokers are the party that will know the latest detailed knowledge of the ships produced by the shipyard. They will also have a fair idea of the type of customer who would be the best owner of the luxury yacht. They will have all the inner details of the ship from their relationship with the shipyard.
This relationship is usually mutually beneficial like in the case of the mega yacht Remember When, owned by John Rosatti and built by Christensen Shipyards.. The broker generally builds up a long-term relationship with the shipyard, and thus becomes a channel for providing a communication link between the shipyard and the final buyer.