Australian Superyachts hands commercial superyacht M/Y Patriot (34m) over to

Australian Superyachts handed over M/Y Patriot to new owners today at Sydney Superyacht Marina. The superyacht is now underway to the Gold Coast where it will commence charter operations in Queensland.

M/Y Patriot, a 34-metre aluminium high-speed Don Shead designed motor yacht was built by Keith Lloyd Ships in 2004 and has been operated privately for its Western Australian owners for ten years.

She was sent to Sydney in late 2013 to be marketed for sale. The owners appointed Australian Superyachts to take over the full management and responsibility of the vessel until its sale.

Recognising that the resale market for recreational-only private superyachts was very limited, Australian Superyachts’ Managing Director Richard Morris and his team began the process to upgrade the yacht to the standards required for Australian commercial vessel survey. Completing the certification opened up the sale of Patriot to purchasers looking to acquire a superyacht for charter.

Richard was assisted by his technical project managers, Sean Anker and Ron Eldridge, who worked through the extensive list of complex compliance issues, achieving both NSCV Class 1D survey for 49 passengers, and Class 2C survey for 12 passengers.


Australian Superyachts Commercial Survey Technical Managers Ron Eldridge, Richard Morris and Sean Anker

Australian Superyachts also acted as Central Agents, offering the yacht for charter with immediate results. Charter Broker demonstrated the yacht’s versatility by successfully signing numerous Sydney Harbour luxury corporate charters catering up to 45 guests.

Dual 1D and 2C survey certification, enabling it to operate both offshore in addition to sheltered waters, allowed Patriot to host a VIP charter that many others could not. The time-critical mission was to pick up singing sensation Ed Sheeran at a Yacht Club in Botany Bay, then transport him and his entourage at high speed up the coast via Bondi Beach back into Sydney Harbour in time for his evening concert at the Entertainment Centre.

With its chartering reputation firmly established, the yacht’s appeal to potential purchasers increased significantly. It wasn’t long before a contract for sale was signed for new owners looking to maximise the superyacht ownership experience by operating it for both private and charter operations.

Savvy yacht owners are now realising that only commercial superyachts offer a range of fiscal benefits that significantly reduce acquisition and running costs. Certification is also a contributing factor in attaining a higher resale value, compared to recreational-only vessels that offer limited value.

M/Y Patriot is the third superyacht to be successfully converted by Australian Superyachts into the Australian commercial survey in the past 12 months. Other yachts include the Warren Yachts M/Y Element (25m) and M/Y Stealth / Shadow (24m).

Australian Superyachts are the exclusive Australian distributors for Gulf Craft Majesty Yachts; high quality superyachts up to 48 metres, all delivered to the exacting highest commercial standards of Commercial Class, MCA Large Yacht Code (LY3) and Australian commercial vessel survey.

In addition to assisting clients with their commercial yacht upgrades, Australian Superyachts offers complete turn-key superyacht management, charter central agency and crew services.

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