View From The Desk – March

Welcome to the latest SYR View From The Desk

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Here at SYR we pride ourselves on engaging with the market on a regular basis, to ensure that our knowledge and awareness of what happens in yachting is as current as it can be.

This week we were in London for the Superyacht Investor event. Attended by individuals from across design, build, brokerage, finance and insurance there were a wide range of discussion points covered. We found particular interest in discussions around the new build journey, the rise of explorer yachts and also the continued successful march of the charter market.

Following the initial address by Burgess, highlighting some interesting industry stats, we spent a lot of the two day event asking attendees their thoughts on the current market.

Whilst many have felt nervous as 2023 began, confidence is increasing and we’re looking towards the market building and growing into the second and third quarters of the year, as the Med season kicks off.

The industry is starting to put the initial shock of the Russian invasion behind it and charge forwards into a new era of yacht owners and charterers.

We’re here to offer advice and practical recruitment support in this ever changing market so if you would like to know more about our services, discuss your career or how we can help grow your business, please get in touch.

TEAM UPDATES

ED | CEO | ed@superyachtrecruiter.com

Yachting continues to get busier and busier as the year progresses and we’re noticing a lot more design projects starting to come online, from new releases in the small craft and tender worlds to major superyacht builds signing off.

Continued appetite from the UHNW market is giving us a busy employment market, with a wide diversity of roles across a number of disciplines. It’s a great time to be considering a move right now!

Senior Design Engineer – Hampshire
A Hampshire-based consultancy are seeking an accomplished Design Engineer to join their busy studio, leading a small team and working across a wide range of projects, including electric craft and superyachts.

This is a great chance to work with a number of world-leading yards and manufacturers on some highly innovative projects.

>>To apply click here

SIMON | Senior Recruitment Consultant – Brokerage, Management & New Build | simon@superyachtrecruiter.com

The shoreside job market remained cautious in March, with lots of noise but not much action reflecting the uncertainty being felt across the industry. However, I am seeing a gradual upturn in new roles being released which indicates growing confidence and with the Med season looming into view I’m expecting a flurry of activity as we approach Easter.

I’ve been developing several new recruitment services for clients who want to enjoy predictable outcomes in their searches. Traditional contingent models are becoming less effective in today’s market, with a success ratio of 1:5 and a cumbersome process. If you’d like to learn more about how to hack the recruitment process, please contact me directly to arrange a discovery call.

Sales Officer – South of France
A boutique Yacht Agent with a unique USP is looking for a Sales Officer to help it grow its footprint in the south of France/Monaco. Working with the MD and Country Manager, you’ll identify new opportunities across the Captain, supplier and port/marina markets to develop new business in these areas. With a background in sales, you’ll have a good working knowledge of the yachting industry and fluent verbal and written English. A strong package is available for the right candidate.

>>To apply click here

CURTIS | Senior Recruitment Consultant – Skilled Trades | curtis@superyachtrecruiter.com

The UK job market for production was quite stagnant at the start of the year, which is now picking up, so I have been working with more customers across warranty and aftersales. This is an area that many people “on the tools” can often overlook or not fully explore, we have had great success working with highly skilled Engineers/Technicians facilitating the move out of production and into servicing/warranty. I would encourage people interested in this type of career development to reach out and discuss options in this section of the industry.

Across the EU market, we have secured new supplier relationships with various boatbuilding companies, from high-performance racing yachts to luxury sailing and motor yachts. For those willing and able to live/work in Europe we have plenty of requirements for skilled Contractors; Carpenters, Electricians, Composite Boatbuilders and Marine Engineers. If you would like to discuss the job market and/or your career plans, please reach out to me for that initial conversation.

Marine Engineer – Southampton 

Working within an international yacht brokerage providing full refit, repair, maintenance, and servicing support on a variety of motor and sailing yachts. You will be joining a team of skilled Marine Engineers in a fully equipped engineering workshop. The tasks will cover the installation, servicing, repair, and maintenance on a wide range of mechanical and electrical marine systems.

From engines, generators, ancillary items and AC/DC systems, this is a great opportunity to develop your skills with a company which is passionate about your progression. You will be trained through third-party suppliers on all the latest industry equipment and actively encouraged to progress internally. A strong Marine Engineering background is required, ideally from a refit, servicing or maintenance environment.

>>To apply click here

See you next month!