Newsroom
GPS Roll Over Event - Important
8th August 2024
Important Notice from the Marshall Islands on a GPS roll over event due on the 8 September 2024. A roll over event is an anomaly whish occurs every 19.6 years which causes some equipment to relay data that is 19.6 years in the past. Accurate GPS is fundamental for safety and navigation of marine traffic. JRC equipment is expected to be affected. So regardless of your yacht's Flag, please check...
Read MoreAC37 nearly upon us
7th August 2024
T-Minus 15 days until the action gets underway in hashtag#AC37 in Barcelona. Unashamed bias..... but INEOS Britannia looks the business!! hashtag#sailinglife hashtag#foil hashtag#speed
Read MoreMarina Fire - Piraeus
5th August 2024
In news that is likely to unsettle an already jittery marine insurance market, a major fire in Marina Zea, Piraeus over the weekend looks to have claimed 33M O'Riana and 42M Libra Y. Both yachts reported to have now sunk as a result. This is the latest in a number of high profile, costly, yachting losses. Premium hike incoming!!hashtag#marinafire hashtag#insurance hashtag#piraeus
Read MoreSanlorenzo to acquire Nautor Swan Group
2nd August 2024
Interesting marine business news as SanLorenzo is set to acquire the Nautor Swan Group.Sanlorenzo CEO Massimo Perotti says "......The merger of Sanlorenzo and Nautor Swan, each with its exclusive, limited offerings aimed at a discerning clientele and with no overlap in product portfolios, will establish a unique yachting hub unlike any other, featuring the best of both motor and sailing yachts."This in undoubtedly partly fueled by Sanlorenzo's sustainability commitment and Nautor's considerable previous progress...
Read MoreAlcohol Onboard
31st July 2024
A few words of caution from our friend Hugo Jacqout at Fort Insurance.… “With the summer days upon us, it will be tempting for crew to go and share a few drinks together, however with most yachts and superyachts having a zero-tolerance policy for alcohol and drug consumption, what may seem to be an innocent social event with crew members could end up in a very costly affair for owners. Indeed, whilst...
Read MoreCornerstone On The Road – September 2024
31st July 2024
Its only a few weeks till we do this all over again!Dave, Leila and Chris will be attending Monaco Yacht Show 2024.Prior to that Leila and Chris will be in Cannes for its Show.If you have questions on anything crew employment and payroll related then please get in touchto arrange a meeting on crew@cornerstoneyacht.com
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