Definitions

For the purpose of these Terms and Conditions, the following terms shall have the meanings ascribed to them below:

• "Company" refers to SALT Global Business Inc., a multi-service maritime company operating the SALT YACHTS platform — yacht brokerage & vessel services — legally registered N° 251783, incorporated in the Republic of Seychelles.
• "Client" refers to any individual, legal entity or representative who engages with the Company's services, whether as a buyer, seller or third-party representative.
• "Vessel" refers to any yacht, motor yacht, sailing yacht, catamaran or other watercraft listed, brokered or transacted through the Company.
• "Bundle" refers to any packaged service offering provided by the Company, including but not limited to Bundle First Year, Bundle Delivery, Bundle Offshore and Bundle Signature.
• "Bill of Sale" refers to the private legally drafted transfer document executed between buyer and seller under Company seal.
• "Services" refers collectively to yacht brokerage, vessel listing, private acquisition, delivery coordination, flag registration assistance, and all ancillary services offered by the Company.

Scope of Services

SALT YACHTS operates as a private yacht Private Yacht Brokerage — Global Network across six ocean regions: the Indian Ocean, Mediterranean, Caribbean, Americas, Africa and Asia Pacific. The Company provides the following services:

• Private listing and marketing of vessels for sale
• Buyer representation and vessel sourcing
• Price negotiation and transaction coordination
• Delivery skipper and logistics coordination
• Flag registration assistance and ownership structuring
• Bundle packages combining multiple services at preferential terms
• Post-purchase support including insurance, berth and maintenance referrals

Brokerage & Representation

By engaging the Company's services, the Client authorises SALT YACHTS to act as their exclusive or non-exclusive agent for the purpose defined in the engagement agreement.

The Company reserves the right to represent multiple parties in different transactions simultaneously. Dual representation (acting for both buyer and seller in the same transaction) shall be disclosed in writing and is subject to the Client's prior consent.

All vessel information provided by the Company is sourced from sellers, public records and third-party surveyors. The Company makes no warranty as to the accuracy of specifications, condition reports or valuation estimates, and strongly recommends independent marine surveying prior to any purchase.

Client Obligations

The Client undertakes to:

• Provide accurate and complete information regarding their identity, financial capacity and intended use of the vessel
• Comply with all applicable laws and regulations governing vessel ownership, flagging and navigation in their jurisdiction
• Not engage in parallel negotiations for any vessel introduced by the Company without the Company's written consent during the engagement period
• Treat all information received from the Company, including vessel details, pricing and seller identities, as strictly confidential
• Provide the necessary KYC (Know Your Client) documentation upon request and as required by applicable law

Fees & Commission

The Company's remuneration structure is established in the individual engagement letter or mandate signed between the Company and the Client. In the absence of a specific written agreement, standard brokerage commission shall apply as follows:

• Seller mandate: commission is typically deducted from the sale proceeds at closing
• Buyer mandate: an advisory fee may apply, as specified in the engagement letter
• Bundle services: pricing is confirmed in writing at the time of engagement and includes all listed components

All fees are exclusive of applicable taxes, port dues, survey costs, flag registration fees and other third-party charges unless expressly stated otherwise in the bundle or mandate documentation.

Confidentiality

The Company operates on a strict confidentiality policy. All client identities, financial details, vessel information and negotiation terms are treated as confidential and shall not be disclosed to any third party without the prior written consent of the relevant Client.

The Client equally undertakes to treat all information provided by the Company — including vessel pricing, seller details and transaction terms — as strictly confidential, both during and after the engagement period.

This confidentiality obligation survives the termination of any engagement or service agreement for a period of three (3) years.

Bill of Sale & Transfer of Ownership

All vessel transactions facilitated by the Company are documented by a Private Bill of Sale, drafted and signed under the Company seal of SALT YACHTS / SALT Global Business Inc. The Bill of Sale includes:

• Full vessel description including name, type, LOA, hull material and IMO/hull number
• Legal ownership details of both seller and buyer
• Agreed purchase price and payment terms
• Transfer of ownership clause with effective date
• Company seal and authorised signature

The Bill of Sale constitutes the primary evidence of title transfer and is applicable under international maritime law. The Company strongly recommends notarisation and flag registration for all vessels above 24 metres.

Bundle Services

The Company offers four pre-packaged service bundles, each designed for specific vessel size ranges and ownership profiles. Bundle components are provided in partnership with selected third-party providers (insurers, marinas, maintenance operators, flag registries). The Company acts as coordinator and facilitator of these services.

• Bundle First Year (12m–17m): Insurance 1 year, Berth 1 year, Boatyard Works, Flag rate
• Bundle Delivery (20m–33m): Delivery Skipper, Insurance 1 year, Berth 1 year, Annual Maintenance, Flag for life
• Bundle Offshore (33m–60m): Safe Ownership, Flag for life, Insurance 1 year, Berth 1 year
• Bundle Signature (60m–100m): Safe Ownership, Special Yacht Manager, Port Access 1 year, Private Island Access 1 year, Flag for life

Limitation of Liability

The Company's liability in connection with any transaction or service is limited to the commission or fees actually received from the Client in relation to that specific transaction or service.

The Company shall not be liable for:

• Any defects, latent or patent, in any vessel presented or sold
• The financial capacity or good faith of any counterparty introduced
• Delays, failures or additional costs arising from third-party service providers under bundle arrangements
• Changes in flag registry requirements, taxation or maritime regulations
• Force majeure events including but not limited to natural disasters, political instability, pandemics or port closures
• The authenticity, accuracy or legal validity of any title documents, certificates of ownership, registration papers or any other documentation provided by the seller, buyer or any third party. SALT YACHTS does not verify the origin or legitimacy of vessel ownership documents and shall bear no liability in the event of falsified, fraudulent or incorrect documentation
• Any dispute arising from undisclosed encumbrances, liens, mortgages or competing claims on a vessel, where such information was not disclosed to the Company prior to the transaction

Nothing in these Terms limits liability for fraud, wilful misconduct or gross negligence on the part of the Company or its authorised representatives.

Governing Law & Dispute Resolution

These Terms and Conditions are governed by and construed in accordance with the laws of the Republic of Seychelles, without prejudice to any mandatory consumer protection provisions applicable in the Client's jurisdiction.

Any dispute arising out of or in connection with these Terms, including any dispute as to their existence, validity or termination, shall be referred first to good-faith negotiation between the parties. Should negotiation fail within thirty (30) days, the dispute shall be submitted to arbitration under the rules of the SALT International Arbitration Bureau (SAB). In the event that no resolution is reached through arbitration, the matter shall be referred to the competent tribunal of the Republic in which the Company is legally registered.

Last updated: September 2026 · SALT Global Business Inc. trading as SALT YACHTS · Company N° 251783 · Seychelles

Data Protection & Privacy

SALT YACHTS is committed to protecting personal data in accordance with applicable laws including the GDPR where applicable.

• Data collected: Name, contact details, financial capacity (indicative), vessel preferences and documents voluntarily provided.
• Purpose: Solely for brokerage services, mandate management and relevant vessel communications.
• Retention: Retained during the engagement and for a maximum of five (5) years thereafter.
• Third parties: Not sold or shared except where necessary (flag registries, marine insurers, port authorities), with prior client consent.
• Rights: Request access, rectification or deletion: contact@salt-yachting.com.

By engaging SALT YACHTS, the Client acknowledges and accepts this data processing policy.

Cookie Policy

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