Yacht management worthy of
your superyacht.

For private superyacht owners and family offices that tolerate no compromise on management discipline. Cursorio operates the full mandate — finance, crew, ISM compliance, flag state, insurance — while preserving your full strategic control of the vessel.

Superyacht management — also called yacht management or ship management — is the day-to-day operation of a vessel on behalf of its owner. Budget, maintenance, crew, statutory certificates, insurance, interface with flag authorities: matters that demand permanent attention, precise technical vocabulary, and a network built over years.

For a private superyacht of 50 metres and above, the stakes grow considerably heavier: permanent crew of ten to twenty, mandatory ISM Code above 500 GT, strict MLC 2006 application, eight-figure Hull & Machinery policies, annual operating budgets in the millions. At that scale, keeping management in-house effectively creates a small full-time company; scattering it across disparate vendors dilutes accountability and multiplies points of failure.

A management mandate entrusted to a specialist firm is the modern answer: one contract, one point of contact, a consolidated view, and a structure that stands behind operational continuity. Cursorio has chosen a deliberately selective portfolio — a small number of vessels followed over the long term, rather than a long list of thinly monitored mandates. That is, in our view, the only way to deliver superyacht management with the documentary discipline and proximity that private owners and family offices expect in this segment.

Who it's for

Two profiles. Two expectations. The same discipline.

Private owners

A yacht that stays a pleasure, not a burden.

You own a yacht for personal, family or patrimonial use. You are not seeking to extract charter returns. Your priority: not having to chase an inspection calendar, not running after an expiring certificate, not reviewing every supplier invoice line by line. Cursorio's superyacht management absorbs all of this. You keep the decision; we take the load.

  • Monthly reporting readable in 10 minutes
  • Zero day-to-day administrative solicitation
  • Single point of contact for every question
Family offices

The yacht as an asset to govern, discreetly.

You manage the patrimony of a family and the yacht is one of the assets administered under a dedicated structure (holding, SPV). Your requirements: impeccable audit documentation, KYC compliance, absolute discretion, reporting aligned with family governance. Cursorio interfaces with your lawyers, bankers and auditors, in the codes of the sector.

  • Systematic NDA, secure exchange channels
  • Permanently audit-ready file
  • Fluid interface with lawyers, trustees, auditors
For the captain

We support you.
We do not burden you.

The captain is, by function, the owner's representative on board. He guarantees the safety of the vessel and the persons aboard, he safeguards the owner's interests in every operational decision, he leads a crew. It is a demanding profession, often solitary, and one whose administrative burden keeps growing with each regulatory evolution.

Cursorio steps in to lighten that burden, not to increase it. We add no additional hierarchical layer nor another spreadsheet: we absorb the back-office tasks that pull you away from your core mission. When we need information from you, it is precise, framed and flows through Cursorio Manager — not through an avalanche of emails.

We absorb

Everything that pulls you away from the bridge.

  • Crew contracts, multi-currency payroll, STCW certifications
  • Work & Rest Hours register (WRH) and MLC alerts
  • Accounting, financial reporting, monthly recap
  • H&M and P&I policy negotiation and renewal
  • Statutory certificate renewal and flag state liaison
  • ISM and ISPS pre-audit preparation
  • Supplier management and dispute handling
You focus on

The essence of your profession.

  • Navigation and safety on board
  • Continuous crew training and cohesion
  • Quality of service to guests and owner
  • Trust-based relationship with the owner
  • Preventive maintenance and material condition of the vessel
  • Operational discipline and on-board climate
  • Season and port-call preparation

“The best management firm is the one that fades from view when everything is going well — and is immediately reachable when things tighten up.”

Our method

Seven steps from signature
to long-term partnership.

01

Entry audit

Two to five days on board and inside your documents to establish the true state of the vessel: technical, documentary, crew, finances. Costed and prioritised initial report.

02

90-day plan

We close the gaps identified during the audit on a signed timeline. You track progress live on your dashboard.

03

Management handover

Transfer of bank accounts, supplier access, crew contracts and insurance policies. Zero operational disruption.

04

Monthly routine

Clean financial reporting (P&L, cash, variance), certificate tracking, port-call and shipyard coordination, crew payroll.

05

Quarterly reviews

Operational review by video or on board: budget, forward maintenance, regulatory changes, strategic adjustments.

06

24 / 7 on-call

One dedicated number for the Owner, another for the Captain. Fast response to incidents, medical emergencies, major technical events.

07

Annual review

Full-year report: budget vs actual, recommendations for the next financial year, insurance programme review, flag strategy.

Mandate scope

Everything included in the monthly retainer.

A Cursorio mandate covers the full operational management of the vessel. The only potential external costs are shipyards, consumables and professional fees (lawyer, tax counsel), always transparent and pre-approved.

  • Annual budget management (OPEX, CAPEX) with monthly explanatory variance
  • Maintenance plan aligned with class society recommendations (Lloyd's Register, DNV, Bureau Veritas, RINA)
  • Crew administration and payroll: SEAs, rotations, work and rest hours (WRH), MLC 2006 compliance
  • Annual renegotiation of Hull & Machinery, P&I (Britannia, NorthStandard, Steamship Mutual), War Risks policies
  • Coordination of port calls, bunkering, shipyard periods and pilotage in the Mediterranean and beyond
  • Single interface with your flag state (KY, MI, IM, FR…), class society and insurers
  • Issuance and renewal of statutory certificates: SOLAS, MLC, IOPP, ISPP, ISM, Short Range Certificate
  • Bank connectivity for real-time expense synchronisation (Qonto, Revolut, HSBC, Société Générale)
  • Absolute confidentiality: systematic NDA, encrypted European servers, secure exchange interfaces
Concrete deliverables

What you receive, every month and every year.

Monthly financial recap

Signed PDF delivered between the 5th and 10th of the following month. Readable in 10 minutes.

Cursorio Manager

Personal access for the Owner, the Captain and delegates. Included at no extra cost.

Certificate matrix

Real-time view of expiry dates, alerts 90 / 60 / 30 / 7 days ahead.

Maintenance plan

Reviewed quarterly, aligned with class society recommendations.

Supplier registry

Framework contracts negotiated, pricing reviewed annually.

Annual summary

15-20 page executive document: performance, key issues of the year, upcoming trade-offs.

Portfolio profiles

Two examples of mandates we operate.

Anonymised archetypes based on real mandates. Figures and flags indicative; client details withheld by ethical obligation.

Case A · One-off mission

M/Y 30 m transfer · Genoa → Miami · by cargo yacht transport

Mission. Complete organisation of the transatlantic transfer of a 30-metre M/Y from Genoa to Miami, on a specialised yacht-on-yacht carrier (DYT / Sevenstar / United Yacht Transport, depending on availability). One-off mandate entrusted to Cursorio outside any recurring management agreement.

Scope handled. Full Italian export administration, maritime documentation (export declaration, bill of lading, cargo manifest, certificate of origin), loading calculation and securing plan on the carrier, tax coordination (export VAT, US duty on temporary import), interface with the flag state, CBP customs on arrival in Miami, dedicated transport insurance, coordination of port agents at departure and arrival.

Outcome. Yacht delivered to Miami within the target window, zero unexpected overrun, customs file accepted on first CBP pass, complete handover dossier transmitted to the owner. Mission executed without requiring the captain to leave his on-board duties.

(Transfer photograph available — to be inserted at the owner's request.)

Case B · Management mandate via family office

M/Y 65 m · Marshall Islands (MI) flag · family holding

Context. Superyacht owned by a dedicated patrimonial holding, strictly private use, permanent crew of sixteen (captain, first officer, engineers, interior, deck, chef), governance via a family office with dedicated lawyers and trustees. Mediterranean in summer, Caribbean in winter.

Initial gaps. Insufficiently audit-ready documentation, fragmented crew KYC, banking operations dispersed across four European banks and one offshore, minimal MLC 2006 application, no structured procurement circuit (provisions, linen, spirits, flowers), prime berth reservations negotiated last-minute in high season, no formal selection of port agents.

Scope deployed over 18 months. Single compliant file for annual external audit · automatic banking synchronisation through Cursorio Manager · direct interface established with lawyers and statutory auditor · deployment of a yachting concierge function for provisions, dockside deliveries, prime berth reservations (Monaco, Portofino, Porto Cervo, St Barth) · selection of a curated network of local agents across Italy, Greece, Spain and the Caribbean · full MLC 2006 compliance, with Work & Rest Hours register and individualised STCW certifications · total financial transparency: every euro tracked, every invoice referenced, accounting export available in one click.

Industry vocabulary

Yacht management, ship management, superyacht management: what's the difference?

Ship management is the historic term of commercial shipping: it designates the firm that assumes the responsibility of Company under the ISM Code for cargo ships, tankers or specialised vessels, with a highly procedural approach inherited from fleets of dozens of units.

Yacht management transposes that regulatory foundation to yachting: the same obligations — ISM, MLC 2006, statutory certificates, flag-state relations — but complemented by a dimension of service to the owner and the captain (crew, season, port calls, confidentiality) that has no equivalent in cargo transport.

Superyacht management is that same profession applied to large vessels — 40, 50, 80 metres and beyond: mandatory ISM Code above 500 GT, a permanent crew of ten to twenty, eight-figure insurance policies, governance often carried by a family office. This is the segment on which Cursorio concentrates its portfolio.

You will also come across gestion nautique in French and gestione armatoriale in Italian — interchangeable terms in practice, not distinct professions. In practice, the only question that matters: who answers for the continuity of your vessel, and under which declared ISM responsibility?

The structural choice

Yacht management vs in-house management: the comparison.

In-house management

The captain's office or the dedicated shore team.

  • +Direct control and house culture, with no intermediary
  • +Relevant beyond several vessels under the same owner
  • Fixed cost of a full-time structure, whatever the programme
  • Dependence on one key person: leave, illness, departure
  • DOC and DPA function to carry and have audited yourself
  • Regulatory watch (ISM, MLC, flag) to shoulder alone
Yacht management mandate

The specialist firm under mandate.

  • +Smooth monthly retainer, no structural payroll burden
  • +Continuity guaranteed by the firm, not by an individual
  • +Declared DPA, maintained SMS, audits prepared as routine
  • +Pooled network: insurers, class societies, shipyards, agents
  • Requires a genuinely reachable firm — verify before signing
  • Trust to be built, reversibility to be contractualised

Our honest position: beyond three or four vessels under the same owner, bringing management in-house becomes a serious option again. Below that, the mandate wins almost every time on total cost as well as robustness.

Transparency

How much does a yacht management mandate cost?

A Cursorio mandate is paid as a fixed monthly retainer — never as a percentage of the vessel's spend, never through supplier commissions. The point is contractual: a manager paid on invoice volume has no interest in bringing invoices down.

The level of the retainer depends on five factors, assessed during the entry audit:

  • Tonnage and crew: a 60-metre with sixteen crew does not demand the same follow-up as a 35-metre with five.
  • Flag and status: private or commercial, above or below 500 GT — the regulatory perimeter changes.
  • Cruising programme: Mediterranean only, or seasonal transatlantic rotations.
  • Ownership structure: a simple holding, or a multi-jurisdictional arrangement with family-office reporting requirements.
  • Initial documentary state: a vessel to be brought back into compliance demands more intensity in the first year.

As an order of magnitude: for a private 50-metre superyacht under Cayman or Marshall flag, the annual retainer is typically measured in tens of thousands of euros — to be set against the full cost of an equivalent in-house management structure (salaries, social charges, tools, liability), and against an operating budget that, for its part, runs into the millions. The exact quote, costed and documented, is established after the entry audit, with no commitment.

Evaluation grid

How to choose your yacht manager: 10 criteria.

This grid applies to any firm — ourselves included. Put these ten questions to every yacht manager you consult, and demand precise answers.

01

Real ISM responsibility

Who holds the Document of Compliance, and who is declared as DPA to the flag state? If that answer is vague, everything else will be too.

02

A named person

Your vessel must have an identified, reachable manager who actually knows her — not a ticket in a shared hotline.

03

Vessels per manager

Ask how many mandates each manager runs in parallel. Beyond a handful, documentary discipline does not hold.

04

Economic independence

A pure retainer, or supplier commissions and kickbacks? Only the former guarantees recommendations aligned with your interests.

05

References on your segment

A charter portfolio and a private/family-office portfolio are not run the same way. Verify the firm's actual segment.

06

Bridge experience

Command qualifications within the team change the quality of the dialogue with your captain — and the credibility with the flag state.

07

Reporting quality

Ask for an anonymised sample of a monthly recap. If it cannot be read in ten minutes, it will not be read.

08

Tools and real time

Permanent access to your data (budget, certificates, crew) beats a single monthly PDF sent by email.

09

Verifiable on-call duty

24/7 can be tested: call the on-call number on a Sunday evening before you sign, not after the casualty.

10

Mandate reversibility

A clear exit clause and a full handover of the file (accounts, contracts, history) protect your freedom to change.

Frequently asked

What owners ask us.

01

What is the difference between a ship agent and a yacht management firm?

A ship agent handles one-off events: a single port call, a customs formality, an isolated task. A yacht management firm such as Cursorio takes charge of the vessel's full operational continuity — finances, crew, ISM and MLC compliance, flag-state relations, Hull & Machinery and P&I insurance — for a monthly retainer. You deal with a single point of contact instead of a fragmented set of vendors, with a consolidated view and regular reporting adapted to superyacht governance.

02

Does a management mandate suit my private yacht in strictly non-commercial use?

Absolutely — and it is in fact the majority profile in our portfolio. Private superyachts in personal use benefit just as much, if not more, from professional management: ISM compliance is mandatory above 500 GT, crew MLC documentation must be tracked, operational costs (which run into several million euros per year at this scale) deserve optimisation, and the owner deserves administrative peace of mind. Our firm is specifically positioned on private yachts and family-office-owned vessels.

03

How is Cursorio compensated? Are there any hidden commissions from suppliers?

We are compensated solely through the monthly retainer of your management mandate. We do not receive any commission, referral fee, kickback or rebate from P&I clubs, class societies, shipyards or suppliers. This independence — explicitly contractualised — ensures that our recommendations remain aligned with your operational and patrimonial interests only.

04

How much does a management mandate cost for a superyacht?

The monthly retainer is calibrated to the operational complexity of the vessel: tonnage, flag, crew size and status, operating area, ownership structure, documentation intensity expected by the family office if any. For a private 50-metre superyacht under Cayman or Marshall flag, the range typically sits in the tens of thousands of euros per year, excluding external operating costs (shipyards, consumables, fuel). We provide a costed and documented quote after the entry audit, with no obligation on your part.

05

Do you work with family offices and complex ownership structures?

Yes — this is a significant share of our activity. We know how to interact with the patrimonial holdings, SPVs, trusts and multi-jurisdictional structures commonly used to own a superyacht. We document in accordance with the KYC requirements of the relevant jurisdictions and preserve the absolute discretion that such structures demand. Our exchanges can flow through the lawyers, trustees or dedicated managers of the family office at your discretion.

06

Where are you based and what is your operating area?

Our firm is located in Le Cannet, on the French Riviera. We operate primarily in the western Mediterranean (Côte d'Azur, Italy, Balearics, Corsica) and follow our principals on their seasonal routes — Caribbean, Adriatic, Atlantic — through a network of trusted local agents. The flags we routinely administer include Cayman (KY), Marshall Islands (MI), Isle of Man (IM), British Virgin Islands (VG) and France (FR).

07

What is superyacht management?

Superyacht management is yacht management applied to large vessels — typically 40 metres and above: mandatory ISM Code above 500 GT, a permanent crew of ten to twenty, eight-figure Hull & Machinery and P&I policies, ownership frequently held through a holding company or family office. The profession is the same as for a 25-metre yacht, but the scale turns every subject into a discipline of its own: this is precisely the segment on which Cursorio concentrates its selective portfolio.

08

What does a yacht manager actually do?

A typical day: approving invoices and tracking the budget against forecast, monitoring the vessel's certificate expiry dates and the crew's qualifications, processing payroll and SEAs, coordinating a port call or a shipyard period, watching the flag state's regulatory changes, and remaining permanently reachable for the captain and the owner. Most of the profession is invisible when done well: a yacht manager prevents problems from existing rather than repairing them.

09

Do you provide yacht management and support on the French Riviera?

Yes. Cursorio is based in Le Cannet, fifteen minutes from the ports of Cannes and Antibes, and operates daily along the Riviera arc — Cannes, Antibes, Monaco, Saint-Tropez, Nice. We also administer vessels based elsewhere in France (Atlantic coast, Corsica) and under the French flag: distance matters little in this profession; documentary discipline and reachability matter a great deal.

10

What are superyacht corporate services?

The term covers the administration of the vessel's owning structure — typically a holding company, SPV or trust: liaison with fiduciaries, trustees and registered agents, KYC documentation for the jurisdictions involved, and keeping the vessel's file aligned with the requirements of the flag registry and the auditors. Cursorio covers this interface as part of the management mandate — we work with the lawyers, trustees and dedicated managers of the owning structure — rather than selling it as a separate product.

The team

Who carries your mandate.

Capt. Jean Pousthomis

Founder & designated DPA

Master Mariner — STCW II/2 unlimited

Cursorio — founded 2022, Le Cannet, French Riviera

At Cursorio, a mandate is never diluted into an anonymous structure: it is carried by name by the founder, an unlimited master mariner who himself holds the Designated Person Ashore function declared to your flag state. You know who answers for your vessel — and who picks up when you call.

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Let's evaluate your management mandate together.

A one-hour conversation is enough to understand the situation of your superyacht and prepare a costed proposal. Confidential, no commitment.

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