With the help of our shore-based ship accounting specialists, your vessel will always be compliant with all the maritime rules and regulations.
Ships engage in hundreds of financial transactions every month. All over the world. It is an increasingly-complex and constantly-changing sector.
Enlist our expertise and benefit from a clear understanding of every running cost – so you can see how it affect your business.
Insightful and practical advice, designed to reduce costs and prevent unexpected expenditure.
Complete clarity & transparency
Get a detailed breakdown of every day-to-day running cost and expected expenditure. Set annual budgets and receive regular reports, outlining potential savings, expenses and anticipated future costs.
Manage & pay wages
Each ship is allocated a designated bank account which is used to manage the payment of expenditure and crew wages, in accordance with international regulations.
Deliver value for money
Our ship accounting team conduct monthly cash flow audits and ensure vessels have enough money to pay for operational expenses. We also review every invoice to ensure accuracy and value before issuing payment.
We can support vessels anywhere in the world. Our team have been involved in a wide variety of locations – including the usual cruising grounds of the Mediterranean, Caribbean and USA.
Vessels we manage can also regularly be found in the Far East, Australia, the North and South Pacific, Canada, Alaska, India, the Indian Ocean, Alaska, North and South America and across Europe.
We can provide all of the ISM, MLC and ISPC compliance a vessel needs, as a standalone service or as part of our full management package.
To ensure you’re compliant at all times, you’ll be provided with a Flag State approved Safety Management System (SMS).
For further reassurance, you’ll be assigned with a Dedicated Person Ashore (DPA) to act as a main port of call in an emergency.
We have an exceptional safety record and hold Documents of Compliance for major Flag States. If new safety or security legislation is issued, we’ll make sure your vessel always meets the ever-changing regulations.
Serving Captains and Owners, our current fleet currently contains 7,000 GRT passenger ships as well as a host of privately-registered superyachts.
We can also manage commercial vessels, passenger ships, survey ships, special purpose and cargo ships.
As part of our ISM, MLC and ISPS service, we are always on hand to coordinate the response to any emergency situation.
As part of our management service, we will provide 24/7 crisis support that could prove the difference between life and death in a serious emergency.
To safeguard the welfare of anyone working on a vessel, we also play an instrumental role in delivering the safety management systems adopted on board.
We are proud to provide Owners and Captains with an outstanding, independent service focussed entirely on their management requirements.
Because we are not brokers, we’ll never try to engineer the sale of a vessel and protect your asset is our main priority.
If you’d like to establish a long-term working relationship, built on trust and confidence, our management specialists will deliver five-star service backed by decades of experience.
Our team will ensure your vessel is run and maintained to the highest standards at all times, allowing you to pick and choose the services you need for a competitive monthly fee.
New to the industry? If you need to know about all the variables and what to expect, we’ll help you establish a suitable (and realistic) budget.
Get in touch & we’ll get straight back to you
WYM Group have been managing our 200ft yacht since 2018 and we are totally satisfied with their services. They have a wealth of experience and are always efficient and diligent in all our dealings.
Scott, Owner's Representative
The complex aspects of managing any large yacht are no mean feat, but Allan and his team are always there to assist when needed. They handle everything with drive and knowledge, building the perfect environment for the owner and Captain to develop confidence and trust.
Oscar, Master Mariner
Thank you for your excellent service with the management of our client's 60 metre Feadship - we are pleased with how seamlessly you've done what we need.
Steve, Family Office Representative
