Post event commentary – IOMSF Presentation

The Isle of Man Superyacht Forum (IOMSF) held a special presentation entitled ‘A Superyacht in Crisis’ at The Mermaid Theatre, Blackfriars in London on 29 June 2017.

The line-up of industry professionals for the panel discussion presented a number of case histories that focused on crisis management in the superyacht industry using a number of scenarios including regulatory, accident and emergencies, piracy, terrorism, hi-jacking and ransom. It also covered areas such as: liaison with yacht captains, owner’s representative, brokers, insurance and legal representatives, flag state, security, crew/guest welfare, and press. The in-depth discussion was chaired and moderated by Martin Redmayne, Chairman and Editor-in-Chief of The Superyacht Group, home to one of the industry’s leading magazines The Superyacht Report.

The conference was followed by a cocktail reception – sponsored by the Shipowners’ Club – that provided an extra opportunity for guests to network with Group members and peers.

As a member of the IOMSF, Abacus was invited to attend at the event. Emer Dowling, Director, and Emma Hill, Senior Corporate Administrator, represented Abacus at the conference and networking reception.

Commenting on the event, Emer said “We are specialists in providing quality services to superyacht owners therefore this was a must attend event for Abacus to ensure we stay completely up to date with industry trends and to continually engage with our professional partners in the field”.

Abacus provides tax efficient corporate ownership structures, yacht registration, VAT registration, yacht leasing, bookkeeping and accounting services and cash management services; plus the administration of insurance, VAT, sales and purchase and the required statutory administration to the structure.

Ship owner and their representatives are welcome to meet with Abacus team at the Isle of Man stand at MYS and discuss the benefits the Island can offer in terms of yacht registration, management and administration.


Written by Marta Bellamoli, Marketing Co-ordinator