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  • Yacht Salvage: A Salvor's Tale of Saving the Sunken
    2024/12/19

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    Yacht salvage is a complex field that intertwines legal, environmental, and practical challenges. While the subject was a topic for a podcast in our first season, that episode led to more in-depth questions--as did the subsequent sinking iof the superyacht Bayesian. Therefore, in this episode, we explore notable incidents, including that of the Bayesian, and the layers of responsibility and coordination crucial for effective salvage operations with the legendary salvor Nick Sloane.

    A former president of the International Salvage Union, Nick learned early lessons during his first major operation on a Spanish tanker in 1983. He gained further expertise thanks to the staggering complexities of one of the most high-profile cases in modern times, specifically the Costa Concordia salvage, Ever wondered what it takes to tackle marine emergencies and avert disaster in trying to raise a yacht or other vessel? You're about to find out. Nick shares captivating stories and profound insights that reveal the layers of responsibility, coordination, and quick decision-making required.

    This episode explores the procedural and legal intricacies that make or break a yacht salvage operation. Dive into a riveting case where quick action saved a sunken yacht, and unravel the challenges of lifting these colossal vessels from the depths. Learn about how mitigating environmental damage became significantly more important following yet another high-profile salvage. Additionally, you'll hear straight from Nick why mastering buoyancy and preserving structural integrity, all the while monitoring weather windows, is just as crucial.

    Join us for an eye-opening discussion that underscores the essential role of skilled salvors in protecting both the environment and financial assets.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    35 分
  • Yacht Collisions at Sea: Navigating Responsibilities
    2024/06/03

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    Embark on a riveting journey as Michael, a veteran maritime lawyer, sheds light on the complexities of maritime law sparked by the collision of the container ship Dali with the Francis Scott Key Bridge in Baltimore. The first chapter of our discussion steers through the legal presumptions and navigational rules that govern the seas, revealing how these centuries-old principles still profoundly impact the resolution of maritime incidents. Michael's narrative intertwines the threads of his professional path with America's rich seafaring past, creating a tapestry that illustrates the depth and influence of admiralty law in modern navigation and litigation.

    As we sail into the murky waters of maritime terminology, Michael clarifies the distinction between 'alision' and 'collision'—terms that might sound synonymous but carry significantly different legal connotations. The conversation anchors on a real-world example, dissecting the responsibilities of a vessel's captain versus those of a state-assigned pilot, and delves into the crucial protocols that must be followed when technical issues arise onboard. Drawing parallels with historic maritime disasters, we explore the enduring question of how crews communicate critical information and the legal ramifications that follow.

    The final chapter of our voyage investigates the aftermath of maritime tragedies, focusing on the role of the NTSB and the interplay between public opinion and the legal system. Through the lens of Captain John Laro's story and the heart-wrenching bridge collision he was involved with, we scrutinize the legal strategies employed and the evidentiary hurdles navigated in courtrooms. Michael's insights offer a beacon of understanding for anyone intrigued by the intricacies of maritime law and the quest for justice on the open seas. Join us for a podcast episode that promises to leave you with a newfound respect for the legal guardians of our waterways.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    40 分
  • A Deep Dive Into the Yachting Industry's Class Action Controversy
    2024/04/11

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    Navigate the seas of high-stakes litigation with us as maritime attorney Michael Moore and journalist Diane M. Byrne dissect a recently filed class action lawsuit that's a topic of conversation throughout the yachting industry. Discover the allegations of price-fixing among the elite brokerage firms and listing platforms. Michael's expertise illuminates the parallels with real estate commission controversies, offering a look at the legal strategies and implications for the yachting world's most prominent players.

    The episode takes you through broker commissions and what the lawsuit describes as buyer-broker commissions. Uncover the misconceptions clouding yacht sales and the debate over the necessity of listing yachts on digital platforms like YATCO and Boats.com. This episode promises an in-depth analysis that challenges preconceived notions about the yacht brokerage industry and its practices, providing insight into the potential outcome of a case that could redefine the landscape of niche market litigation.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    34 分
  • David Seal: Anchoring Trust & Ethics in the World of High-End Yacht Sales
    2024/02/26

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    From the humble beginnings of window cleaning to navigating the complex high seas of yacht brokerage, David Seal, the host and creator of the famous YouTube channel Yachts for Sale, plus a broker with Northrop & Johnson, joins us to share his remarkable journey. Discover the serendipitous path that led a young man from Wolverhampton, England to become a pivotal figure in the luxurious world of yachts, all beginning with a leap of love to Italy, where selling novelty items opened the door to an industry where passion reigns supreme. David's story is not just about ambition, but a vivid illustration of how drive and entrepreneurial spirit can carve out a place among the titans of yacht brokerage.

    Peek behind the curtain of yacht sales with our deep dive into the ethical framework that underpins every successful deal. As we navigate through the stories and insights, you'll learn about David's creation of a masterclass that's revolutionizing the industry. It's doing so by equipping the next generation of brokers with the knowledge to conquer the waves of sales, law, and client satisfaction. David and podcast hosts Michael Moore and Diane M. Byrne dissect the importance of fostering longevity in client relationships, emphasizing that in the intricate dance of yacht brokerage, trust and integrity are your most reliable compass.

    Finally, we set our sights on the horizon of yacht building and the intricate craftsmanship that goes into every vessel. Amid tales from the shipyard and the perils of social media's flashy veneer, we underscore the invaluable role of a broker's expertise in ensuring the quality their clients expect. David's masterclass becomes a beacon for those sailing into the yacht brokerage waters, teaching the importance of diligence and ethics.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    38 分
  • Yacht Charter Regulations: Unlocking the Intricacies for Yacht Owners
    2024/01/04

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    Set sail with us as we celebrate the first anniversary of The Yacht Law Podcast, with over 600 downloads from 44 different countries! We couldn't be prouder of our enlightening nine-episode journey, and we're thrilled to share insights that have resonated deeply with the yachting community. For this new episode, maritime attorney Michael Moore and yachting journalist Diane M. Byrne once again unravel the complexities of maritime law. The focus this time is why American yacht owners may be missing out on legal waivers to offer their foreign-flagged yachts for charter in U.S. waters. Together, we demystify yacht charter in the United States, including the confusion over the legal term bareboat chartering and what bareboat charter contracts require of charter guests. Along the way, we further untangle misconceptions that have long clouded the industry.

    Michael and Diane specifically chart a course through the century-old Jones Act, unveiling its critical role in protecting U.S. maritime commerce and how it impacts everything from commercial fishing to superyachts. We then cast a spotlight on the Small Vessel Waiver Program, a little-known lifeline for non-U.S. built yachts wishing to conduct yacht charter activities in U.S. waters. Listen closely as we discuss the Act's implications on shipping routes and the challenging, but achievable, process for larger vessels to obtain the waivers.

    In the final leg of our journey, we explore why so many American superyacht owners mistakenly believe their foreign-built yachts cannot charter stateside. Part of the problem certainly stems from brokerage listing disclaimers and the 1.5% customs duty, a critical tariff that fuels the U.S. economy.

    Whether you're a maritime enthusiast or a seasoned sailor, this episode equips you with the knowledge to navigate legal seas with confidence. Join us as we provide clarity on the charter nuances of these vessels, ensuring you're well-prepared to tackle the legal storms ahead.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    45 分
  • Navigating the Stormy Waters of Yacht Insurance: A Comprehensive Guide
    2023/11/20

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    Ever wondered why yacht insurance premiums have hit the roof? Does the frequency of named storms have everything to do with it, or is there more to the story? Here's a promise: By the end of this episode, you'll become well-versed in the complex world of marine insurance and the important role of an experienced insurance broker. It's a crucial education to help prevent you from making a costly mistake--even multiple costly mistakes.

    We dive deep into the legalities surrounding marine insurance. For instance, did you know your insurer may include a captain's warranty clause - necessitating an insurer-approved captain? How about the possible repercussions of breaching policy terms? You’ll learn about a Supreme Court showdown, too, that could forever change the marine insurance game. Could you imagine the implications of a ruling that upholds the underwriters' freedom to choose contract language from another state's law in their contracts when the yacht isn't even in that state?

    As the old saying goes, the devil is in the details, and that certainly holds true for insurance when it comes to yacht-transport contracts, a.k.a. contracts of carriage. Not only do we dissect landmark legislation, but we also explore the important yet often misunderstood domain of NBOCCs (non-vessel owning common carriers) and the limitations of liability. You will learn why obtaining the right insurance for yacht transport is more crucial than ever.

    Finally, did you know your policy may exclude yard periods, and why a shipyard's insurance certificate matters as much as a contractor's? We further discuss a unique case where a yard contract had insurance with a limitation of liability clause, but a court ruling toppled the tables in favor of a superyacht owner.

    This episode is a wake-up call to all yacht owners - highlighting the absolute necessity of understanding insurance cover notes and policies thoroughly.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    47 分
  • The Impact of Classification Societies on Superyachts
    2023/08/23

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    Do you understand the vital role that classification societies have in securing safety in the construction of superyachts? If you're an owner, chances are you don't, and that's a mistake. Even with smart advisors around you, it's crucial that you educate yourself and therefore avoid making expensive mistakes by opting out of classification society recommendations.

    This episode of the Yacht Law Podcast unveils the integral functions of classification societies in the yachting world. Join us, as we put the spotlight on esteemed bodies including the American Bureau of Shipping (ABS), Registro Italiano Navale (RINA), Lloyd's Register, and Bureau Veritas. We also shed light on how a society's reputation can either bolster or tarnish its industry standing, and why the top classification societies are held in such high esteem.

    The conversation takes an intriguing turn as we examine why superyacht owners have bypassed building to class and the repercussions of this decision. We'll probe the part surveyors play in guaranteeing owners get the vessel they paid for, too. Moreover, we delve into the chilling account of the OceanGate sinking, a submersible whose builder deliberately chose not to construct it to class standards, and how it has cast a shadow over yacht submersibles.

    Whether you are a yacht enthusiast or an industry insider, this episode will satisfy your curiosity and enrich your knowledge.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    41 分
  • How Consolidation Is Reshaping the Yachting World
    2023/07/06

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    Are you ready to navigate the intricate waters of the yachting industry's recent merger and acquisition wave? We dissect the angles of this fascinating development, starting with the superyacht industry's consolidation and its implications. We discuss the big deals rocking the boat, like MarineMax's acquisition of IGY Marinas, Northrop & Johnson, and Frasier Yachts, as well as Safe Harbor's purchase of Savannah Yacht Center. We also unpack the exciting, yet often uneasy, process of these acquisitions, particularly when iconic companies get swallowed up.

    Join renowned maritime attorney Michael Moore and journalist Diane M. Byrne as they share invaluable insight into previous mergers and acquisitions in yachting--ones likely overlooked in today's climate. We also tap into the role of 'blank check' companies, discuss the potential perks of merging Fraser and Northrop & Johnson with MarineMax, and contemplate the customer's perspective and the captain's role in decision-making. This episode is a must for anyone eager to understand the ebbs and flows of the thriving yacht industry.

    Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

    Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

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    38 分