Newsroom
Retention or Recruitment
17th October 2025
The phrase “crew shortage” gets thrown around every season.But the real question isn’t just how many people are available — it’s how many stay.Retention vs recruitment. That’s the crossroads the industry’s at right now.Pay cycles, tax clarity, compliant contracts, social security coverage, crew welfare, support networks — these aren’t admin details. They’re some of the reasons good crew stay on board.Its what we do......get in touch#PersonalisedProtectedPayroll | #ComplianceAsAService
Read MoreCYPRUS & SCHENGEN — WHAT’S THE DEAL?
15th October 2025
We’ve had a lot of questions from crew about Cyprus and whether it’s part of the Schengen Zone.Here’s the quick rundown 👇 🔹 Yes, Cyprus is in the EU.But… 🔹 No, it’s not (yet) part of the Schengen Area.That means Cyprus still has its own border controls, and a Schengen visa doesn’t automatically cover entry. For non-EU crew, that’s actually a bonus — time spent in Cyprus doesn’t count against...
Read MoreCost Vs Value
30th September 2025
“The bitterness of poor quality remains long after the sweetness of low price is forgotten.” – Benjamin FranklinCouldn’t have put it better myself.When it comes to crew payroll, you owe it to your yacht and your crew to look at all the issues — not just the cost.At Cornerstone, we don’t dangle low fees as bait. We deliver certainty: FSA oversight, MLC-compliant contracts, and HR-first payroll management that keeps risk...
Read MoreYou cant park there mate!!
26th September 2025
Taking a page out of the Seven Sins playbook, the 89m Amels 'Here Comes The Sun' rocked up to MYS 2025 with an Aston Martin Valhalla perched proudly on deck.Not just any car, either:🔋 Plug-in hybrid 4.0L Mercedes-AMG V8⚡ Combined output of 1,064 HP🏎 0–60 mph in just 2.5 seconds🚀 Top speed: 217 mphThe crossover between supercars and superyachts gets stronger every year ....its pure theatre and luxury brands know...
Read MoreGabrielle - now a hurricane
22nd September 2025
Despite forecasts of an exceptionally busy Atlantic storm season, the recent lull was broken this weekend as Tropical Storm Gabrielle finally got her Hurricane lapels badge as a Category 1 storm.Current projections show her tracking north, then east — sparing both the Caribbean and U.S. eastern seaboard. As Gabrielle moves into cooler seas and stronger wind shear, she’ll lose intensity, but the Azores may still face storm surge and heightened...
Read MoreNew YET scheme from IOM Flag
12th September 2025
/ Yesterday evening I attended the launch of the Isle of Man Ship Registry’s new YET (Yacht Engaged in Trade) scheme.Creating the perfect berth for private pleasure yachts, over 24m, that want the option to occasionally charter, YET once again shows the IOMSR leading with innovation in the yachting space.We also got an intriguing teaser on a new insurance benefit for Isle of Man-flagged yachts - watch this space 👀.Thanks...
Read MoreMother Nature is sneaky
5th September 2025
Typically….all eyes are on the Atlantic this time of year.Forecast cones, spaghetti models, constant updates — it’s peak hurricane season, and attention is locked on the familiar tracks across the Atlantic, Caribbean, and Gulf.But……….this week, Hurricane Kiko popped up in the Pacific — a powerful Category 4 — reminding us that Mother Nature always has a surprise up her sleeve.The same applies to crew management. Risks don’t always come from...
Read MoreFrom Seized to Seas?
1st September 2025
/ ⚓ Same Yachts, Different Fates: Why the Country Matters I’ve posted a bit over the last 12 months about the fate of superyachts and their roles as pawns in Geo-Political chess. However 12 months is a long time in politics and what was previously gridlocked, has become free flowing……. well for some it has! So why has the outcomes for the likes of Alfa Nero, Flying Fox and Amadea...
Read More🚢 $5 Billion Anchor Drop in Philly 🚢
29th August 2025
South Korea’s Hanwha just went all-in on U.S. shipbuilding, pledging $5B to transform Philly Shipyard. Two new docks, three quays, and the muscle to boost output from a trickle of 1–2 ships a year to a fleet of 20.They’ve already stacked the order book: 10 Medium Range (MR) tankers — the workhorses of refined fuel logistics — plus LNG carriers, marking the first U.S. export-market LNG orders in nearly 50...
Read MoreThe Remington effect....
12th August 2025
I guess when you buy the company, you get priority attention!Oceanco’s Project Y722 — now aptly named Leviathan — hit the water this weekend.At 111 m, she’s a tech-packed, research-ready superyacht for Gabe Newell, long-time co-founder and owner of Valve… and short-time owner of Oceanco itself.Another superb "beast" from the yard.#ocenaco #steam #y722 #leviathan
Read MoreHow much??!!!
12th August 2025
And I though the Oasis tickets were expensive! So is this price gouging or effective, essential filtering??? I mean I'll still be at both events nonetheless 🙂 #somemightsay #mys2025
Read MoreOceanco reverts to Steam power?
4th August 2025
Well… not quite.But with gaming tycoon Gabe Newell—co-founder of Valve and the mastermind behind Steam (the iTunes of gaming)—now acquiring iconic Dutch yacht builder Oceanco, the waters just got a whole lot more interesting.Newell’s no stranger to the marine world. He’s already deep in it (literally), with the 127m Y722 currently in build, and his ambitious deep-sea research initiative INKFISH operating some of the most advanced ocean-exploration gear on the...
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