PROFESSIONAL YACHT CREW
Better for your crew. Better for you.
We employ your crew through a dedicated Cayman Islands company, so they get the career they deserve and you get the protection you need.
TRUSTED PARTNERS
Working with Industry Leaders
BY THE NUMBERS
Proven Track Record
Years Combined Experience
Crew Members Managed
Yachts Served Worldwide
MLC Compliance Rate
WHAT WE OFFER
Your Solution To Crew Payroll
Streamlined Yacht Crew Employment, Payroll and Administration. At PYC, we leverage our decades of international crew staffing expertise and Cayman Island regulations to insulate yacht owners from liabilities and litigations. Built on a foundation of integrity, the PYC team offers simplicity for the yacht owners whilst promoting a positive career for crew.
Highly Qualified and Verified Crew
Our PYC crew members are carefully selected through an exclusive invitation-only process. All crew members undergo continuous training (including cyber) and come with top references.
Legal Structure
PYC creates a Segregated Portfolio Company in Cayman Islands for each individual yacht. Each client and their yacht is a ring fenced company with no assets or co-mingled liabilities, thus significantly limiting yacht crew employment, payroll and administration liability for the Owner.
Advantageous Cayman Island Jurisdiction
Choosing PYC grants yacht owners the distinct advantage of yacht crew employment, payroll and administration being governed under the Cayman Island jurisdiction, leading to a substantial reduction in their liability.
KEY BENEFITS
Why Choose PYC Cayman
Compliance and Regulation
Our procedures stand as a testament to our commitment to regulatory compliance. We meticulously follow the stringent requirements of the Maritime Labour Convention (MLC) and the European General Data Protection Regulations (GDPR). This ensures that your crew's welfare and data privacy are safeguarded at all times.
Financial Expertise
Transparency and efficiency define our financial operations. We maintain a dedicated bank account at Cayman National Bank, streamlining crew payments. All financial matters are centralised, right here in the Cayman Islands, ensuring seamless financial management.
Legal Assurance
The Cayman Islands serve as the robust legal jurisdiction for all our operations. This provides a solid legal framework, instilling confidence in our clients and crew members alike.
Comprehensive Insurance
Your peace of mind is paramount to us. We are included as additional insured under your yacht's P & I insurance without any additional charges. In the unfortunate event of crew sickness, injury, or fatality, our comprehensive crew medical insurance and P & I coverage offer swift and thorough protection.
CLIENT TESTIMONIALS
Trusted by Yacht Owners Worldwide
"PYC has transformed how we manage our crew. The Segregated Portfolio Company structure provides peace of mind that our liability is completely ring-fenced. Their professionalism is unmatched."
Captain James Morrison
M/Y Serenity | 85m Superyacht
"The Cayman Islands jurisdiction and zero income tax structure has saved us significantly. PYC's attention to MLC compliance and crew welfare is exceptional. Highly recommended."
Sarah Chen
Yacht Owner | M/Y Azure Dream
"Working with PYC means our crew receives premium Cigna medical coverage and we have complete transparency with dedicated banking. The invitation-only crew quality is outstanding."
Captain Michael Roberts
M/Y Oceanus | 72m Motor Yacht
MEET OUR FOUNDER
Insights from Graeme Lord
From Second Engineer to industry pioneer, Graeme Lord's three decades in yachting have been dedicated to solving one persistent problem: protecting yacht owners from liability whilst ensuring crew receive the careers they deserve. Hear directly from our founder about the innovative SPC structure, the advantages of Cayman Islands jurisdiction, and the heritage of resilience that drives PYC's mission.
Understanding SPC Structures
Graeme Lord explains the benefits of Segregated Portfolio Companies and how they provide superior liability protection for yacht owners
Cayman Islands Advantages
Discover why the Cayman Islands jurisdiction offers unique advantages for yacht crew employment and payroll management
FREQUENTLY ASKED QUESTIONS
Everything You Need to Know
Common questions about our Segregated Portfolio Company structure, costs, and implementation process
Still have questions? Our team is here to help.
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MLC Compliant
Legal Protection
Full Compliance
GET IN TOUCH
Let's Embark on a Journey of Innovation Together
Contact us today to discover how PYC can elevate your yachting experience