At Peters & May, we know logistics can be complex. Our FAQ covers everything from yacht shipping and customs clearance to handling dangerous goods and worldwide freight forwarding. If your question isn’t listed here, please get in touch with our team directly.
There are two different types of insurance typically associated with yachts: insurance relating to transport, and insurance relating to ownership of the vessel.
Peters & May specialises in yacht transport and participates in an open cover marine cargo insurance programme, which allows Peters & May to arrange protection for your yacht while it is being shipped.
This is separate from annual yacht ownership insurance, which provides year-round cover for the vessel itself.
While we do not provide ownership insurance directly, we can introduce clients to trusted marine insurance specialists who arrange bespoke policies for yacht owners, captains, and management companies. These policies may include cover for:
If you would like to explore yacht ownership insurance options, please see:
https://www.petersandmay.com/yacht-ownership-insurance/
Yes. Goods can be imported into the EU, stored in a bonded warehouse and then released as required for onward delivery across Europe. This can reduce the need for multiple individual shipments and separate customs clearances.
We’ll provide you with a comprehensive proposal that outlines the entire process from dockside to delivery, demonstrating the equipment and methods we’ll use. Our experts will guide you on the necessary preparations and handling of your yacht.
Duties and VAT are usually paid when goods are released from the bonded warehouse and enter the local market. Until that point, goods remain under customs control.
A customs bonded warehouse is a secure, customs-controlled facility where imported goods can be stored before duties and VAT are paid. Taxes are only paid when the goods are released into free circulation.
Peters & May has over 50 years of experience in international logistics and a track record of successfully transporting yachts worldwide. We offer a comprehensive service, handling everything from shipping the yacht itself to equipment, customs, and more. Our clients trust us for our commitment to excellence and passion for the industry.