By David Robinson
A celebration being held this weekend will recognise 30 years of the MYBA (Mediterranean Yacht Brokers Association), which in that period has developed into the world’s leading yacht broker association. Today MYBA has a membership of 109 corporate members and 165 individual members located in nearly 20 countries.
The association was started to initially improve standards but it has since progressed to set the standard for brokers active in the sale and purchase of yachts, be they new-builds or pre-owned.
Over the 30 years the association has provided a constant programme of events, standard documents and guidelines that have proved invaluable to brokers, owners and yacht captains and crew alike. Among these was the first MYBA Charter Agreement, which was circulated in 1988. Individual membership was introduced in 1995.
In 2002 the first yacht managers became members of MYBA and two years earlier Cora Tracey was appointed as the first full-time general secretary, a position she holds to this day. Seven years ago the association went global with the change of name to MYBA The Worldwide Yachting Association. That year also saw its public website launched.
Two years ago the MYBA Charter Agreement E-Contracts website was launched and last year the Yachtfolio policing and subscription processing system was launched. This is still be developed, a project that should be completed by the end of this year.