Fraser Yachts opens yacht management service in Palma

London-based Fraser Yachts has opened a yacht management division at its Palma offices in Majorca. The service will be operated by long-standing members of the Fraser Yachts Monaco management department and will offer the full range of administrative and technical support services.

The company said that the department “will work closely with the sales and charter divisions already well-established in the Palma office, focusing on clients throughout the Balearic Islands and Barcelona.”

Harald Van Exem, yacht management services director at Fraser Yachts, said: “It was the next logical
step for us, many of our yachts are based in Palma throughout the year and others have regular refit work done there or in Barcelona during the winter so we wanted to have people based locally to allow us to work with our clients more closely and efficiently.”

The launch event for the division was hosted at the Mar de Nudos restaurant at the Palma Superyacht Show. Fraser Yachts’ charter marketing agents handle a fleet of over 90 yachts. It specialises in the sale and purchase of luxury yachts over 30-metres.