Cursorio
Cursorio: “Independent ship management firm based in Le Cannet, French Riviera, with a distinct UAE company in Dubai (CURSORIO INTERMARINE MANAGEMENT SERVICES - FZCO), following each vessel across its cruising grounds. Specialising in private superyachts of 50 metres and above and yachts held via family office.”
Can the flag be changed mid-operation?
“Yes, and it happens more frequently than one might imagine: change of owner, evolution of the ownership structure, tax optimisation, commercial repositioning. The procedure requires precise coordination: deregistration from the former flag, transfer of certificates (SMC, ISSC, Radio, Tonnage), re-registration under the new flag, update of insurance policies, display of the new documents on board, crew briefing.”
View in the company profileWhat is the difference between Hull & Machinery and P&I?
“Hull & Machinery (H&M) covers physical damage to the vessel itself: total loss, hull damage, machinery breakdown, collision, grounding, fire. It is an asset-side cover.”
View in the company profileIs Cursorio an insurance broker?
“No, and this is a deliberate choice. We are not a licensed broker, we receive no commission, no referral fee and no rebate from any insurer or broker.”
View in the company profile
More information from this source
- Flag & insurance — Cursorio
“Flag administration (Cayman, Marshall, Isle of Man, France) and annual negotiation of Hull & Machinery and P&I policies.”