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Tuesday, Apr 23rd

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Consultants will train the crew of your super-yacht to take care of your fine art collection

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The difficult decision of whether or not to store your priceless art collection on your super-yacht just got easier: after a series of high-profile debacles in which multi-million-dollar paintings were damaged by poorly trained yacht crews (like the ham-fisted swabbies who didn't use the correct technique to clean a $110.5m Basquiat after the fruit of His Lordship's loins covered it in breakfast cereal), a boutique industry of specialist consultants has emerged to train your yacht's crew in art preservation. At £295/day, it's a steal. There are superyachts with “better collections than some national museums,” Mather-Lees said, describing one yacht with more than 800 pieces of art that are worth more than double the vessel itself. “Obviously they [the owners] want to show off their art collection when guests come on board … It acts as an icebreaker, and says volumes about their taste,” she told an audience of more than 100 people at the Superyacht Investor conference in the Landmark Hotel. “But yachts are not art galleries and when something goes wrong it’s obviously very unfortunate and a big burden on the crew and the owners become very unhappy.” Discretion is required in both the art world and on superyachts, but Mather-Lees said Sheikh Mansour bin Zayed al-Nahyan, the owner of Manchester City and deputy prime minister of the United Arab Emirates, has several hundred pieces aboard his £350m superyacht Topaz. A reporter looking in the windows of Joe Lewis’s £200m superyacht Aviva, when it moored on the Thames last year, discovered Francis Bacon’s Triptych 1974–1977 was hanging in gold frames on the lower deck. Read the rest

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