Text us your ideas and feedback!

Paper beats steel when a superyacht rides a transport ship. We break down how a gleaming vessel turns into “cargo,” why the bill of lading is the most powerful page in the journey, and how small oversights in cradles, insurance, and scheduling cascade into seven-figure losses. From purpose-built float-on carriers to NVOCCs, we map the key differences between owning the ships and brokering space on them, and what that means when timetables slip or one with your precious yacht aboard chases higher-paying freight.

True stories underline the stakes: original bills of lading stolen, a port agent missing bookings that triggered massive demurrage, and a multi-million-dollar yacht loss gutted by limitations under the Carriage of Goods by Sea Act. You’ll hear why custody of documents determines release, and how to plan for on-deck cargo risks on routes that don’t run on yachting schedules. We also talk through emergency playbooks—posting bonds, racing into court for fast relief, and coordinating with insurers—so you can save your yacht when the window is measured in hours.

If you’re lining up a seasonal migration, this conversation emphasizes how crucial it is to vet freight forwarders, verify bills, and secure end-to-end insurance coverage. The core lesson is brutally simple: contract terms and insurance decide your recovery, not replacement value or intentions. And there’s a hard deadline you cannot miss—the one-year time bar for cargo claims from delivery or scheduled delivery.

Enjoy the episode, then help another captain, broker, or owner avoid a costly mistake: follow the show, share this with your team, and leave a quick review telling us the one detail you’ll handle differently next time.

Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

Text us your ideas and feedback!

A game-changing tax opportunity has emerged for yacht owners and prospective buyers with the recent passage of the One Big Beautiful Bill Act. The restoration of 100% bonus depreciation in 2025 offers an extraordinary financial advantage that could transform the economics of yacht ownership.

Michael Moore, a maritime attorney and co-host of The Yacht Law Podcast, breaks down this complex tax provision into practical, actionable insights. The concept is straightforward: rather than depreciating a yacht's value over its typical 10-year useful life, qualified owners can deduct the entire cost in a single tax year. For individuals with significant tax liabilities, this represents a substantial and immediate benefit.

Qualifying isn't complicated, but it does require attention to specific details. The yacht must be owned through a pass-through entity like an S-corporation, operated predominantly in US waters (including territories like Puerto Rico and the US Virgin Islands), and function as a legitimate charter business. While personal use should be avoided during the qualification year, professional yacht management companies can establish and operate compliant charter programs that satisfy IRS requirements.

The bareboat charter option provides a pathway to operate legally in domestic waters. Though this arrangement requires transferring operational control to the charterer, qualified captains approved by marine insurers can maintain professional standards while satisfying regulatory requirements.

With only the remainder of 2025 to capitalize on this opportunity, potential buyers might consider accelerating purchase decisions. As Moore notes, "You're getting such a gift here" – but it's essential to structure everything properly with qualified tax advisors who understand both maritime operations and tax regulations.

Whether you're considering your first yacht purchase or looking to upgrade an existing vessel, this podcast provides critical information that could save you millions in taxes while stimulating the broader maritime economy. Listen now to learn how to navigate the advantages.

Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.

Text us your ideas and feedback!

The luxury yachting world stands at the threshold of an exciting new frontier as Japan emerges as a premium cruising destination. While most yacht owners gravitate toward the Mediterranean's familiar shores, our latest conversation reveals why Japan deserves serious consideration for your next maritime adventure.

Sailing through Japanese waters offers an unexpected blend of familiar Western yachting comforts with distinctive Eastern hospitality. The country's approach to welcoming private vessels proves remarkably straightforward thanks to the Neko-san permit system, allowing indefinite stays without repeated customs clearances. Crew members receive generous 90-day visas, creating the perfect environment for extended exploration of Japan's 3,000 islands and breathtaking 18,000-mile coastline.

Japan's maritime infrastructure stands ready to accommodate the most discerning yacht owners. Well-appointed marinas staffed by attentive personnel, sophisticated mooring systems designed to withstand typhoons, and pristine waters protected by strict environmental regulations create an experience that rivals or exceeds traditional yachting destinations. The Japanese government clearly recognizes yachting's potential, evidenced by their inaugural delegation heading to the Monaco Boat Show this year.

Perhaps most compelling is what Japan represents for the future of global yachting. With McKinsey research indicating that only 4% of ultra-wealthy individuals currently participate in yachting, destinations like Japan offer the perfect combination of novelty, safety, and luxury that could expand the industry's horizons. Whether you're a seasoned yachtsman seeking fresh cruising grounds or considering your first yacht charter, Japan's welcoming waters, stunning archipelago, and sophisticated maritime culture deserve a prominent place on your nautical bucket list.

Ready to explore beyond the familiar Mediterranean and Caribbean routes? Join the pioneering yacht owners discovering Japan's maritime treasures. Follow us for more insights into emerging yachting destinations and share your own cruising experiences in previously unexplored waters.

Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.

Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.