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Journal

In the Spotlight

Cruising
New guidelines help crew to make sustainable changes on board
The Water Revolution Foundation recently published the Environmental Crew Guidelines. Pantaenius asked author Danella Hopkins how they work.
Prevention
Orca encounters
On a perfect sailing day in the summer of 2020, delivery skipper Pete Green was sailing off the south-west coast of Spain. Green and his crew were delivering an Amel 52 from Gibraltar to the UK and all was going smoothly when, suddenly, the yacht’s rudder spun uncontrollably from side to side. They had been hit by a whale.
Cruising
Advanced Towing System
When the 66m catamaran Hodor was launched in 2019, it amazed even the most seasoned insiders. Although a large boat in its own right, Hodor had been built as a shadow vessel for a superyacht, a floating toy box designed to carry all the gear and playthings guests might wish for, from jet skis, all-terrain vehicles and trail motorbikes to an Airbus H145 helicopter.
Cruising
North to Alaska
The remote inlets and islands of Alaska are a backdrop to some of the most spectacular scenery and wildlife in the world – and it is all in range for a superyacht
Prevention
The Growing Threat of Lightning Damage & the Campaign to Counter It
Instances of lightning damage onboard yachts are steadily increasing, posing safety risks, cost increases and decreased usage time for yacht owners around the world. The results can be catastrophic.
Cruising
New guidelines help crew to make sustainable changes on board
Prevention
Orca encounters
Cruising
Advanced Towing System
Cruising
North to Alaska
Prevention
The Growing Threat of Lightning Damage & the Campaign to Counter It
12 Articles in Insurance Insights
Insurance Insights
Crew Medical Insurance: Health Check
Depending on the provisions of the crew employment contracts, flag state requirements, local country legislation and also whether MLC applies, it is important for owners to ensure their crew are adequately insured 24/7 for illness, accidents, sick wages and repatriation. These can be the most complex and contentious claims, dealing with someone’s health is an emotive subject, and therefore all the options should be reviewed before a decision is made.
Insurance Insights
Age is just a number
A year ago, the idea of a boom in superyachts would have seemed like a work of fiction. Yet the pandemic has supercharged yacht sales from the smallest boats to the largest superyachts as people seek private space, travel and family time on the water. The market in superyachts has become so heated that brokers are experiencing a shortage of inventory.
Insurance Insights
The Mallorca Model – Simplifying Spanish Yacht Charter
Spain is a diverse and stunning destination for yacht charters, with long stretches of sun-drenched sand, idyllic islands and both culture and cuisine in abundance. The majority of luxury superyacht charters to this vibrant country centre on the yachting hubs of Barcelona and Marbella.
Insurance Insights
The Cost of Cover - what you can do to influence the price of your insurance premium.
The annual insurance renewal is rarely a welcome email for any superyacht owner or Captain to receive, but having a reliable insurance partner who will ensure your premium is competitive and the insurance cover tailored to your individual requirements can certainly make the admin a more pleasurable experience.
Insurance Insights
Key Considerations for Tender Insurance - Top Tips from Pantaenius
With superyacht tenders and toys that can cost the same as a small yacht themselves, ensuring your insurance policy is up to the task is crucial. Often overlooked, this aspect of superyacht insurance is becoming all the more important. Read our advice for avoiding incidents and perfecting your policy.
Insurance Insights
More than just a toy
Superyacht tenders have been getting bigger, faster and more expensive for years. Regardless of whether a tender is a pure means of transport or a luxury toy - tenders should always be handled with the utmost care, both when at the helm and with regard to yacht insurance. The Pantaenius claims statistics prove this impressively. Unfortunately, tender coverage still seems to be the weakest point of many policies, as Olivier de Roffignac of Pantaenius Monaco knows.
Insurance Insights
It's what's inside
Art aboard a superyacht can be a sensitive subject. Many owners may not be sure what is insured and what is excluded; some may not be concerned whether their pieces of art are noted in the insurance policy and consider their fine art collection as part of the vessel. It can be a grey area and therefore it is important to talk to your insurance provider about this issue.
Insurance Insights
Global Challenges
Over the last two years, the market for superyacht insurance has undergone considerable changes. With the withdrawal of many providers from Lloyds of London, traditionally the largest insurance hub in the world, the industry seems to be facing one of its toughest challenges to date. Yet the market has known alternatives for a long time, which are worth a look, not only in view of the run-offs at 1 Lime Street.
Insurance Insights
Crew Corner: Problems With Reparation
Working in the superyacht industry often means spending a lot of time far away from home and sometimes in fairly remote areas. What is usually regarded a great opportunity and an enriching experience might become an issue when it comes to an accident or illness.
Insurance Insights
Insuring Adventures
The range and technical capabilities of modern superyachts are constantly increasing. However, reaching the most remote areas of the world still requires boats to be particularly robust, as well as having an enormous range. Explorer yachts can go beyond the limits nature imposes on traditional yachts, and are gaining in popularity.
Insurance Insights
Getting Your Yacht Ready for Charter
Many owners consider chartering their private superyacht a great way to generate revenue from an asset that would otherwise lie untapped most of the time. Chartering is indeed a comfortable way to reduce the running costs of owning a yacht but it does not come completely without pitfalls.
Insurance Insights
Pre-Delivery Cover
Whilst a yacht is in build, there are two areas of insurance to consider – Builder’s Risk Insurance for the physical entity and the Pre-Delivery Liabilities of the owner.
Further Information
Meet the team

We have dedicated yacht insurance experts - specialists in their field, with practical experience and able to guide you through the entire process.

Our Insurance Programme

Our comprehensive insurance solutions include hull insurance, liability insurance / P&I, crew welfare as well as builder's risk insurance for new builds and major refits.

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PANTAENIUS - a reliable partner
How important is certainty and peace of mind…
50
years

of experience guarantee an exclusive service approach and the most efficient claims management when you need it most. Today over 100,000 yacht owners put their trust in our family-owned Company.

15
subsidiaries

worldwide enable us to provide 24 hour support in ten languages and comprehensive service through personal on shore insurance managers who guide our clients through the entire process of insurance.

35,000
specialists

in our global network help us deliver true local service and support you with advice and know-how all over the world. International expertise and world-wide presence thus allow us to respond swiftly to new requirements and challenges.