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.
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.
Bonded warehousing can help businesses improve cash flow, manage inventory more efficiently and store goods closer to their customers before releasing them for distribution.
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/