And many stay at a lower rate for loyal 20+ year customers. But his rate does fit within the market at the low end and is real. He is a real...
In this case there's a huge difference between the two PE's. Monomoy currently has 11 investments. L Catterton has 67 majority ownerships and 46...
Yes, it is. And for the Captain to turn him into authorities is courageous. There are a lot of things like this that take place on yachts between...
Very good point. We often have multiple licensed captains on board including both my wife and myself. We're very diligent about logging and about...
A little additional information. While Catterton's investments have generally not been huge, L Catterton is owned by LVMH (Louis Vuitton Moet...
Long predicted. Normally private equity scares me, but in this case, their present situation scared me more. Catterton is relatively good as...
Absolutely and don't accept it for delivery until all items have been fixed. The moment you leave the dealer the power leaves your hands. I...
Daily rates have come up elsewhere so felt like adding here. They will vary greatly as people out of work are sometimes available. All rates I do...
No, but the discussion here called for by the OP is for normal costs. Hiring an engineer to be a mate doesn't help provide normal costs for hiring...
It matters because that's how pay rates are established in this and all industries and while a specific situation may have worked, that doesn't...
The real question is was he hired as a captain or mate? Secondary is qualifications. They're relevant as pay is by both position and...
But the owner claimed it was for a captain, now says it was for a mate. Always says it was for an engineer. So, we're dismissing misinformation....
Even if they accept responsibility, it's a cost to the business and ultimately it's a cost that goes back to the consumer. That's who funds...
Yes, as are all operating costs and as they must be. However, in the total picture, this is just a small piece.
So now we're to the gist of it. Correct me if I'm wrong. You hired an engineer of unknown license level to be a mate for $350 a day? If so,...
Well, when you hire for a mate position then that isn't even relevant to the Captain's rate. You're obfuscating the facts. As to Capt J being out...
Sailed around the world sounds like extensive training to me. And, yes, whoever paid you while doing that did spend money on training you. On the...
Actually I'll stick to my comment as repeatedly you show a desire to pay crew as little as you can, to save $50 here and there and I find it...
People in business also overlook training costs. We pay above what others do, but have less turnover, spend far less on training and have more...
Yes, too much to even heed a warning. You tell someone that if they pull out, you'll call, apparently they think you're bluffing. No, I was...
