Xplorer Yachts

Specializing in Expedition Yachts, including the conversion of commercial and government vessels to become expedition yachts. Paul Madden runs Ocean Xplorer Yachts LLC, which is a boutique brokerage specializing in expedition yachts. There has been an over-capacity in the offshore marine service sector, which has resulted in fleet operators having to dispose of excess vessels. This has resulted in a very favorable ‘buyer’s market’ globally. We have established relationships with the premiere fleet operators and are very familiar with their equipment and able to negotiate favorable acquisitions for expedition yacht conversion.

​Here’s an outline of services: In the design phase: I will work closely with the naval architects and yourself to achieve the best design and engineering to meet your requirements. Vessel selection and purchase: I will locate and make preliminary assessments of all desirable vessels, including market valuations. Once a vessel is selected, I will act as your broker in negotiating the best purchase price and will oversee the survey process and the legal transfer and titling. I will liase with admiralty and legal counsel on the purchase transaction, including documentation, titling, re-flagging and assuring that all delivery items are satisfied.

Project coordination and management: I will liase between all parties as the owner’s representative. I will coordinate all project information moving between the owner and his naval architects, conversion shipyard and all subcontractors. It will be my job to ensure clear communication and complete understanding with all parties, and make sure there is satisfactory follow-up and adherence to schedules and deliverables. There will be a day-to-day project manager dedicated to this project who will be on-site full-time during the conversion of the vessel.

Bidding of the conversion project and all prime subcontracts for key items, such as interior fabrication, painting, decking. I will also assist project manager(s) in keeping track of the vessels’ design details, system planning, security systems, and specialized mission equipment to ensure their successful operation at sea. Class Society inspections and approvals will also be monitored. Fiscal oversight: I will closely monitor and review all payments and deliverables, including build milestones. We will set up an accounting and payment system that conforms to your requirements. I will facilitate the realization of the owner’s mission when addressing regulatory issues, liaising with regulatory bodies, vessel management, and all factions in order to achieve the owner’s objectives.

  • Listing ID: 14163
Contact details

1 Washington Street, Newport, RI, 02840, United StatesNorth America,Global,02840 ***** https://xploreryachts.com

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