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A yacht broker is a specialist who serves yacht or boat sellers and/or buyers as a representative for the sale or purchase of a yacht or boat. The yacht broker is paid an agreed commission by the seller to market the yacht for sale, field interest and inquiries from buyers, handle negotiations, attend inspection and water trial and ultimately, if successful, to attend delivery.
Yacht chartering is the practice of renting, or chartering, a sailboat or motor yacht and traveling to various coastal or island destinations. There are three main kinds of charter: bareboat, skippered and crewed. Bareboat charters require the client to skipper the boat themselves, while skippered charters include both boat and a professional ...
A bareboat yacht charter (in the leisure industry, the term "demise charter" is not used) is the short-term hire for only a few weeks or even less. The owner supplies the yacht in seaworthy order, and it is fully fuelled and possibly revictualled. The yacht may be part of a holiday flotilla and is sometimes crewed by an employee of the owner.
The company's first retail store sells boating, fishing and kayaking supplies, stand-up paddleboards, coolers, sunglasses, T-shirts and more.
Nigel Allan Burgess (1942–1992) was a British single-handed yachtsman, Master Mariner and businessman. He took part in the OSTAR and the Vendée Globe.He founded Nigel Burgess Yacht Brokers, a company which has remained one of the leading yachtbrokers in the world, and was responsible for the sale of Saddam Hussein's yacht in 2008.
It has a charter price of $1.2 million per week, excluding food, fuel and dockage costs. [10] [2] In mid-2018, the yacht was rented by Jay-Z and Beyoncé during a vacation to Italy. [10] Kismet was featured in the 2019 Netflix film 6 Underground starring Ryan Reynolds. [11] The yacht was listed for sale in 2023. [5]
In 1980 the original owner, Ward Proescher, sold the business to Terry MacRae and P. Michael Watson. Proescher later went on to start a competing charter yacht company in the Bay Area, Commodore Cruises. By acquiring existing charter yacht companies, Hornblower was able to expand into San Diego in 1984, followed by Newport Beach in 1987.
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